Associated Ceramics (BOM:531168) Days Inventory: 125.72 (As of Mar. 2026) — 16% Below Median

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BOM:531168 Associated Ceramics Ltd BOM:531168
63 GF Score
Price ₹171.80
GF Value ₹227.94
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Associated Ceramics Days Inventory?

Associated Ceramics BOM:531168 63 Days Inventory is 125.72 as of Mar. 2026, which is 16% below its 10-year median of 149.41. GuruFocus rates BOM:531168 with a GF Score™ of 63/100 and a GF Value™ of ₹227.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 393 Building Materials companies, Associated Ceramics ranks worse than 59.29% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Associated Ceramics's Average Total Inventories for the three months ended in Mar. 2026 was ₹85.1 Mil. Associated Ceramics's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹61.8 Mil. Hence, Associated Ceramics's Days Inventory for the three months ended in Mar. 2026 was 125.72.

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

BOM:531168' s Days Inventory Range Over the Past 10 Years
Min: 109.49   Med: 149.41   Max: 317.16
Current: 109.49

During the past 13 years, Associated Ceramics's highest Days Inventory was 317.16. The lowest was 109.49. And the median was 149.41.

BOM:531168's Days Inventory is ranked worse than
59.29% of 393 companies
in the Building Materials industry
Industry Median: 91.49 vs BOM:531168: 109.49

Associated Ceramics's Days Inventory increased from Mar. 2025 (112.66) to Mar. 2026 (125.72). It might indicate that Associated Ceramics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Associated Ceramics's Inventory Turnover for the three months ended in Mar. 2026 was 0.73.

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. Associated Ceramics's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.92.


Associated Ceramics  (BOM:531168) 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.

Associated Ceramics'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.

Associated Ceramics'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.


Associated Ceramics Days Inventory Related Terms


Associated Ceramics Days Inventory Historical Data

* Premium members only.

The historical data trend for Associated Ceramics'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.

Associated Ceramics Days Inventory Chart

Associated Ceramics 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 163.38 111.68 141.68 125.17 124.28

Associated Ceramics 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 112.66 108.25 63.43 134.48 125.72

BOM:531168 vs CRH, VMC, MLM: Days Inventory Comparison

For the Building Materials subindustry, Associated Ceramics'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.


Associated Ceramics Days Inventory vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Associated Ceramics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Associated Ceramics's Days Inventory falls into.


BOM:531168
63GF Score
Associated Ceramics Ltd BOM:531168
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Associated Ceramics Days Inventory Calculation

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

Associated Ceramics'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
=( (95.498 + 85.098) / 2 ) / 265.205*365
=90.298 / 265.205*365
=124.28

Associated Ceramics'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 + 85.098) / 1 ) / 61.766*365 / 4
=85.098 / 61.766*365 / 4
=125.72

* 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 125.72 mean?
Associated Ceramics (BOM:531168) has a Days Inventory of 125.72 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Associated Ceramics and its competitors. This is 16% below median its historical median of 149.41. Over the past decade, Associated Ceramics' Days Inventory has ranged from 109.49 to 317.16. According to the industry distribution chart, Associated Ceramics ranks #233 out of 393 companies in the Building Materials industry, placing it in the top 59.3%.
Is Associated Ceramics' Days Inventory too high?
Associated Ceramics' current Days Inventory of 125.72 is 16% below median its 10-year median of 149.41. Over the past 10 years, this metric has ranged from a low of 109.49 to a high of 317.16. The Building Materials industry median Days Inventory is 91.49. Associated Ceramics' value of 125.72 is 37.4% above this industry median. Based on the distribution chart, Associated Ceramics ranks #233 out of 393 companies in the Building Materials industry, which is below the industry midpoint. Overall, Associated Ceramics has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated Ceramics' Days Inventory compare to CRH and VMC?
According to the Building Materials industry distribution chart, Associated Ceramics ranks #233 out of 393 companies for Days Inventory. This places Associated Ceramics in the lower half of its industry. The industry median Days Inventory is 91.49. Associated Ceramics' value of 125.72 is 37.4% above this benchmark. Historically, Associated Ceramics' own Days Inventory has ranged from 109.49 to 317.16 over the past decade. While the company's 10-year median is 149.41 vs. the industry median of 91.49, Associated Ceramics 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 Building Materials company?
The median Days Inventory among Building Materials companies is 91.49, based on 393 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. Associated Ceramics's current Days Inventory of 125.72 is 37.4% 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 Associated Ceramics and its competitors. For the Building Materials industry, the median Days Inventory is 91.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Ceramics's current Days Inventory is 125.72, which is 16% below median its own 10-year median of 149.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Ceramics stock overvalued right now?
Based on GuruFocus' analysis, Associated Ceramics (BOM:531168) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹227.94, compared to a current price of ₹171.80 — trading 24.6% below its estimated fair value. The current Days Inventory is 125.72, which is 16% below median its 10-year median of 149.41 and 37.4% above the Building Materials industry median of 91.49. Associated Ceramics' overall GF Score™ is 63/100 with 3 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 Associated Ceramics (BOM:531168), the current Days Inventory is 125.72 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 Associated Ceramics (BOM:531168) Overvalued in 2026?

Based on GuruFocus' analysis, Associated Ceramics stock appears to be undervalued. The current stock price of ₹171.80 is trading 24.6% below its estimated GF Value™ of ₹227.94. GuruFocus considers Associated Ceramics to be Modestly Undervalued.

Key valuation signals for BOM:531168:

  • Days Inventory: 125.72 (16% below median its 10-year median of 149.41)
  • GF Value™: ₹227.94 vs. price of ₹171.80 (24.6% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 37.4% above the Building Materials median (#233 of 393)

No single metric tells the full story. See the BOM:531168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Associated Ceramics Business Description

Address 17, Ganesh Chandra Avenue, 4th Floor, Kolkata, WB, IND, 700013
Associated Ceramics Ltd is mainly engaged in the manufacture and sale of refractory items. The company is involved in refractory and pottery work, the buying and selling of minerals and mineral products, and trading in cement, lime, and stone. It operates in two segments: refractory items and solar energy. The majority of its revenue comes from refractory items.
63GF Score

Get the complete analysis for BOM:531168

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

₹171.80
Price
₹227.94
GF Value