Relaxo Footwears (BOM:530517) Days Inventory: 156.51 (As of Mar. 2026) — Near Median

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BOM:530517 Relaxo Footwears Ltd BOM:530517
76 GF Score
Price ₹423.25
GF Value ₹638.28
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Relaxo Footwears Days Inventory?

Relaxo Footwears BOM:530517 -0.53% 76 Days Inventory is 156.51 as of Mar. 2026, which is 3% below its 10-year median of 160.75. GuruFocus rates BOM:530517 with a GF Score™ of 76/100 and a GF Value™ of ₹638.28 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Relaxo Footwears ranks worse than 70.22% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Relaxo Footwears's Average Total Inventories for the three months ended in Mar. 2026 was ₹5,567 Mil. Relaxo Footwears's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,246 Mil. Hence, Relaxo Footwears's Days Inventory for the three months ended in Mar. 2026 was 156.51.

The historical rank and industry rank for Relaxo Footwears's Days Inventory or its related term are showing as below:

BOM:530517' s Days Inventory Range Over the Past 10 Years
Min: 117.71   Med: 160.75   Max: 188.41
Current: 188.41

During the past 13 years, Relaxo Footwears's highest Days Inventory was 188.41. The lowest was 117.71. And the median was 160.75.

BOM:530517's Days Inventory is ranked worse than
70.22% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.61 vs BOM:530517: 188.41

Relaxo Footwears's Days Inventory declined from Mar. 2025 (162.37) to Mar. 2026 (156.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Relaxo Footwears's Inventory Turnover for the three months ended in Mar. 2026 was 0.58.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Relaxo Footwears's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.74.


Relaxo Footwears  (BOM:530517) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Relaxo Footwears's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Relaxo Footwears's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Relaxo Footwears Days Inventory Related Terms


Relaxo Footwears Days Inventory Historical Data

* Premium members only.

The historical data trend for Relaxo Footwears's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Relaxo Footwears Days Inventory Chart

Relaxo Footwears Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.30 168.24 172.79 183.68 184.37

Relaxo Footwears Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 162.37 203.72 221.13 191.03 156.51

BOM:530517 vs NKE, DECK, ONON: Days Inventory Comparison

For the Footwear & Accessories subindustry, Relaxo Footwears's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Relaxo Footwears Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Relaxo Footwears's Days Inventory distribution charts can be found below:

* The bar in red indicates where Relaxo Footwears's Days Inventory falls into.


BOM:530517
76GF Score
Relaxo Footwears Ltd BOM:530517
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Relaxo Footwears Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Relaxo Footwears's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (5575.9 + 5567.2) / 2 ) / 11030.3*365
=5571.55 / 11030.3*365
=184.37

Relaxo Footwears's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 5567.2) / 1 ) / 3245.9*365 / 4
=5567.2 / 3245.9*365 / 4
=156.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 156.51 mean?
Relaxo Footwears (BOM:530517) has a Days Inventory of 156.51 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Relaxo Footwears and its competitors. This is near median its historical median of 160.75. Over the past decade, Relaxo Footwears' Days Inventory has ranged from 117.71 to 188.41. According to the industry distribution chart, Relaxo Footwears ranks #705 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 70.2%.
Is Relaxo Footwears' Days Inventory too high?
Relaxo Footwears' current Days Inventory of 156.51 is near median its 10-year median of 160.75. Over the past 10 years, this metric has ranged from a low of 117.71 to a high of 188.41. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.61. Relaxo Footwears' value of 156.51 is 18% above this industry median. Based on the distribution chart, Relaxo Footwears ranks #705 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Relaxo Footwears has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Relaxo Footwears' Days Inventory compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Relaxo Footwears ranks #705 out of 1004 companies for Days Inventory. This places Relaxo Footwears in the lower half of its industry. The industry median Days Inventory is 132.61. Relaxo Footwears' value of 156.51 is 18% above this benchmark. Historically, Relaxo Footwears' own Days Inventory has ranged from 117.71 to 188.41 over the past decade. While the company's 10-year median is 160.75 vs. the industry median of 132.61, Relaxo Footwears has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.61, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Relaxo Footwears's current Days Inventory of 156.51 is 18% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Relaxo Footwears and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Relaxo Footwears's current Days Inventory is 156.51, which is near median its own 10-year median of 160.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Relaxo Footwears stock overvalued right now?
Based on GuruFocus' analysis, Relaxo Footwears (BOM:530517) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹638.28, compared to a current price of ₹423.25 — trading 33.7% below its estimated fair value. The current Days Inventory is 156.51, which is near median its 10-year median of 160.75 and 18% above the Manufacturing - Apparel & Accessories industry median of 132.61. Relaxo Footwears' overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Relaxo Footwears (BOM:530517), the current Days Inventory is 156.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Relaxo Footwears (BOM:530517) Overvalued in 2026?

Based on GuruFocus' analysis, Relaxo Footwears stock appears to be undervalued. The current stock price of ₹423.25 is trading 33.7% below its estimated GF Value™ of ₹638.28. GuruFocus considers Relaxo Footwears to be Significantly Undervalued.

Key valuation signals for BOM:530517:

  • Days Inventory: 156.51 (near median its 10-year median of 160.75)
  • GF Value™: ₹638.28 vs. price of ₹423.25 (33.7% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 18% above the Manufacturing - Apparel & Accessories median (#705 of 1004)

No single metric tells the full story. See the BOM:530517 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Relaxo Footwears Business Description

Other Exchanges RELAXO:India
Address Sector 3, Aggarwal City Square, Plot No. 10, Manglam Place, District Centre, Rohini, Delhi, IND, 110085
Relaxo Footwears Ltd manufactures footwear in India and sells it through various brand names such as Flite, Bahamas, Boston, Sparx, Schoolmate, Kids Fun, and Mary Jane. Roughly half of the company's production is non-leather footwear, including a wide variety of slippers, floaters, sandals, and shoes. Relaxo sells its products predominantly in India through distributors, retail stores, and e-commerce. The company has only one segment, Footwear and related products. Geographically, it generates maximum revenue from its business in India, and also has some exposure to international markets.
76GF Score

Get the complete analysis for BOM:530517

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹423.25
Price
₹638.28
GF Value