Ganga Papers India (BOM:531813) Days Inventory: 39.53 (As of Mar. 2026) — 20% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:531813 Ganga Papers India Ltd BOM:531813
56 GF Score
Price ₹96.00
GF Value ₹117.89
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Ganga Papers India Days Inventory?

Ganga Papers India BOM:531813 -3.03% 56 Days Inventory is 39.53 as of Mar. 2026, which is 20% above its 10-year median of 33.05. GuruFocus rates BOM:531813 with a GF Score™ of 56/100 and a GF Value™ of ₹117.89 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 270 Forest Products companies, Ganga Papers India ranks better than 88.89% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ganga Papers India's Average Total Inventories for the three months ended in Mar. 2026 was ₹244 Mil. Ganga Papers India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹563 Mil. Hence, Ganga Papers India's Days Inventory for the three months ended in Mar. 2026 was 39.53.

The historical rank and industry rank for Ganga Papers India's Days Inventory or its related term are showing as below:

BOM:531813' s Days Inventory Range Over the Past 10 Years
Min: 12.76   Med: 33.05   Max: 67.47
Current: 34.93

During the past 13 years, Ganga Papers India's highest Days Inventory was 67.47. The lowest was 12.76. And the median was 33.05.

BOM:531813's Days Inventory is ranked better than
88.89% of 270 companies
in the Forest Products industry
Industry Median: 89.475 vs BOM:531813: 34.93

Ganga Papers India's Days Inventory increased from Mar. 2025 (29.16) to Mar. 2026 (39.53). It might indicate that Ganga Papers India's sales slowed down.

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. Ganga Papers India's Inventory Turnover for the three months ended in Mar. 2026 was 2.31.

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. Ganga Papers India's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.32.


Ganga Papers India  (BOM:531813) 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.

Ganga Papers India'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.

Ganga Papers India'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.


Ganga Papers India Days Inventory Related Terms


Ganga Papers India Days Inventory Historical Data

* Premium members only.

The historical data trend for Ganga Papers India'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.

Ganga Papers India Days Inventory Chart

Ganga Papers India 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 12.76 24.15 33.23 32.86 33.97

Ganga Papers India 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 29.16 31.27 34.48 35.81 39.53

Ganga Papers India Days Inventory Competitor Comparison

For the Paper & Paper Products subindustry, Ganga Papers India'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.


Ganga Papers India Days Inventory vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ganga Papers India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ganga Papers India's Days Inventory falls into.


BOM:531813
56GF Score
Ganga Papers India Ltd BOM:531813
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ganga Papers India Days Inventory Calculation

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

Ganga Papers India'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
=( (165.741 + 243.77) / 2 ) / 2199.834*365
=204.7555 / 2199.834*365
=33.97

Ganga Papers India'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 + 243.77) / 1 ) / 562.648*365 / 4
=243.77 / 562.648*365 / 4
=39.53

* 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 39.53 mean?
Ganga Papers India (BOM:531813) has a Days Inventory of 39.53 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ganga Papers India and its competitors. This is 20% above median its historical median of 33.05. Over the past decade, Ganga Papers India's Days Inventory has ranged from 12.76 to 67.47. According to the industry distribution chart, Ganga Papers India ranks #30 out of 270 companies in the Forest Products industry, placing it in the top 11.1%.
Is Ganga Papers India's Days Inventory too high?
Ganga Papers India's current Days Inventory of 39.53 is 20% above median its 10-year median of 33.05. Over the past 10 years, this metric has ranged from a low of 12.76 to a high of 67.47. The Forest Products industry median Days Inventory is 89.48. Ganga Papers India's value of 39.53 is 55.8% below this industry median. Based on the distribution chart, Ganga Papers India ranks #30 out of 270 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ganga Papers India has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ganga Papers India's Days Inventory compare to competitors?
According to the Forest Products industry distribution chart, Ganga Papers India ranks #30 out of 270 companies for Days Inventory. This places Ganga Papers India in the top 11% of its industry — outperforming the majority of peers. The industry median Days Inventory is 89.48. Ganga Papers India's value of 39.53 is 55.8% below this benchmark. Historically, Ganga Papers India's own Days Inventory has ranged from 12.76 to 67.47 over the past decade. While the company's 10-year median is 33.05 vs. the industry median of 89.48, Ganga Papers India has consistently been below 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 Forest Products company?
The median Days Inventory among Forest Products companies is 89.48, based on 270 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. Ganga Papers India's current Days Inventory of 39.53 is 55.8% below 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 Ganga Papers India and its competitors. For the Forest Products industry, the median Days Inventory is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganga Papers India's current Days Inventory is 39.53, which is 20% above median its own 10-year median of 33.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganga Papers India stock overvalued right now?
Based on GuruFocus' analysis, Ganga Papers India (BOM:531813) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹117.89, compared to a current price of ₹96.00 — trading 18.6% below its estimated fair value. The current Days Inventory is 39.53, which is 20% above median its 10-year median of 33.05 and 55.8% below the Forest Products industry median of 89.48. Ganga Papers India's overall GF Score™ is 56/100 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 Ganga Papers India (BOM:531813), the current Days Inventory is 39.53 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 Ganga Papers India (BOM:531813) Overvalued in 2026?

Based on GuruFocus' analysis, Ganga Papers India stock appears to be undervalued. The current stock price of ₹96.00 is trading 18.6% below its estimated GF Value™ of ₹117.89. GuruFocus considers Ganga Papers India to be Modestly Undervalued.

Key valuation signals for BOM:531813:

  • Days Inventory: 39.53 (20% above median its 10-year median of 33.05)
  • GF Value™: ₹117.89 vs. price of ₹96.00 (18.6% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 55.8% below the Forest Products median (#30 of 270)

No single metric tells the full story. See the BOM:531813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ganga Papers India Business Description

Address Gat No. 241, Village Bebedohal, Taluka Maval, Pune, MH, IND, 410506
Ganga Papers India Ltd is an Indian company engaged in the manufacturing and sale of paper and paper products. It produces kraft paper, including fluting paper and test liner kraft, as well as newsprint, writing papers, and packaging paperboard products. The company also provides pulp products derived from recycled grades of waste paper, making its paper production eco-friendly. Its products are used for industrial, packaging, stationery, and textbook applications. Ganga Papers operates manufacturing facilities in Pune, Maharashtra, and its revenue is mainly generated from sales of its diversified paper products.
56GF Score

Get the complete analysis for BOM:531813

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

₹96.00
Price
₹117.89
GF Value