Scan Projects (BOM:531797) Days Inventory: 126.33 (As of Jun. 2026) — 438% Above Median

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BOM:531797 Scan Projects Ltd BOM:531797
77 GF Score
Price ₹103.05
GF Value ₹123.32
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Scan Projects Days Inventory?

Scan Projects BOM:531797 -4.85% 77 Days Inventory is 126.33 as of Jun. 2026, which is 438% above its 10-year median of 23.50. GuruFocus rates BOM:531797 with a GF Score™ of 77/100 and a GF Value™ of ₹123.32 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,980 Industrial Products companies, Scan Projects ranks better than 96.24% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Scan Projects's Average Total Inventories for the six months ended in Jun. 2026 was ₹5.3 Mil. Scan Projects's Cost of Goods Sold for the six months ended in Jun. 2026 was ₹15.3 Mil. Hence, Scan Projects's Days Inventory for the six months ended in Jun. 2026 was 63.16.

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

BOM:531797' s Days Inventory Range Over the Past 10 Years
Min: 10.04   Med: 23.5   Max: 51.37
Current: 24.9

During the past 13 years, Scan Projects's highest Days Inventory was 51.37. The lowest was 10.04. And the median was 23.50.

BOM:531797's Days Inventory is ranked better than
96.24% of 2980 companies
in the Industrial Products industry
Industry Median: 118.595 vs BOM:531797: 24.90

Scan Projects's Days Inventory declined from Dec. 2025 (164.99) to Jun. 2026 (126.33).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scan Projects's Inventory Turnover for the six months ended in Jun. 2026 was 2.89.

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. Scan Projects's Inventory-to-Revenue for the six months ended in Jun. 2026 was 0.25.


Scan Projects  (BOM:531797) 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.

Scan Projects's Inventory Turnover for the six months ended in Jun. 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.

Scan Projects's Inventory to Revenue for the six months ended in Jun. 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.


Scan Projects Days Inventory Related Terms


Scan Projects Days Inventory Historical Data

* Premium members only.

The historical data trend for Scan Projects'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.

Scan Projects Days Inventory Chart

Scan Projects 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 10.20 10.04 31.92 29.50 12.55

Scan Projects Semi-Annual Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 71.97 192.07 164.99 48.88 126.33

BOM:531797 vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Scan Projects'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.


Scan Projects Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Scan Projects's Days Inventory distribution charts can be found below:

* The bar in red indicates where Scan Projects's Days Inventory falls into.


BOM:531797
77GF Score
Scan Projects Ltd BOM:531797
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scan Projects Days Inventory Calculation

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

Scan Projects'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
=( (3.292 + 5.303) / 2 ) / 124.974*365
=4.2975 / 124.974*365
=12.55

Scan Projects's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (5.303 + 0) / 1 ) / 15.322*365 / 2
=5.303 / 15.322*365 / 2
=63.16

* 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 126.33 mean?
Scan Projects (BOM:531797) has a Days Inventory of 126.33 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Scan Projects and its competitors. This is 438% above median its historical median of 23.50. Over the past decade, Scan Projects' Days Inventory has ranged from 10.04 to 51.37. According to the industry distribution chart, Scan Projects ranks #112 out of 2980 companies in the Industrial Products industry, placing it in the top 3.8%.
Is Scan Projects' Days Inventory too high?
Scan Projects' current Days Inventory of 126.33 is 438% above median its 10-year median of 23.50. Over the past 10 years, this metric has ranged from a low of 10.04 to a high of 51.37. The Industrial Products industry median Days Inventory is 118.60. Scan Projects' value of 126.33 is 6.5% above this industry median. Based on the distribution chart, Scan Projects ranks #112 out of 2980 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Scan Projects has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Scan Projects' Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Scan Projects ranks #112 out of 2980 companies for Days Inventory. This places Scan Projects in the top 4% of its industry — outperforming the majority of peers. The industry median Days Inventory is 118.60. Scan Projects' value of 126.33 is 6.5% above this benchmark. Historically, Scan Projects' own Days Inventory has ranged from 10.04 to 51.37 over the past decade. While the company's 10-year median is 23.50 vs. the industry median of 118.60, Scan Projects 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 118.60, based on 2,980 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. Scan Projects's current Days Inventory of 126.33 is 6.5% 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 Scan Projects and its competitors. For the Industrial Products industry, the median Days Inventory is 118.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scan Projects's current Days Inventory is 126.33, which is 438% above median its own 10-year median of 23.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scan Projects stock overvalued right now?
Based on GuruFocus' analysis, Scan Projects (BOM:531797) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹123.32, compared to a current price of ₹103.05 — trading 16.4% below its estimated fair value. The current Days Inventory is 126.33, which is 438% above median its 10-year median of 23.50 and 6.5% above the Industrial Products industry median of 118.60. Scan Projects' overall GF Score™ is 77/100 with 2 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 Scan Projects (BOM:531797), the current Days Inventory is 126.33 as of Jun. 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 Scan Projects (BOM:531797) Overvalued in 2026?

Based on GuruFocus' analysis, Scan Projects stock appears to be undervalued. The current stock price of ₹103.05 is trading 16.4% below its estimated GF Value™ of ₹123.32. GuruFocus considers Scan Projects to be Modestly Undervalued.

Key valuation signals for BOM:531797:

  • Days Inventory: 126.33 (438% above median its 10-year median of 23.50)
  • GF Value™: ₹123.32 vs. price of ₹103.05 (16.4% below fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 6.5% above the Industrial Products median (#112 of 2980)

No single metric tells the full story. See the BOM:531797 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Scan Projects Business Description

Address Delhi Road, 1, Village Jorian, Yamuna Nagar, HR, IND, 135001
Scan Projects Ltd is engaged in providing engineering services for erection, commissioning and supervision of custom designed and engineered critical equipment and systems to the core sector industries like cement, fertilizers and renewal power energy etc. and Trading of fabricating material, machinery parts and other items.
77GF Score

Get the complete analysis for BOM:531797

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

₹103.05
Price
₹123.32
GF Value