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Nitin SpinnersBOM:532698 +3.49%70 Days Inventory is 90.19 as of Mar. 2026, which is 7% above its 10-year median of 84.00. GuruFocus rates BOM:532698 with a GF Score™ of 70/100 and a GF Value™ of ₹402.30 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,007 Manufacturing - Apparel & Accessories companies, Nitin Spinners ranks better than 69.22% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Nitin Spinners's Average Total Inventories for the
three
months ended in Mar. 2026 was ₹6,077 Mil. Nitin Spinners's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹6,148 Mil.
Hence, Nitin Spinners's Days Inventory for the
three
months ended in Mar. 2026 was 90.19.
The historical rank and industry rank for Nitin Spinners's Days Inventory or its related term are showing as below:
BOM:532698'
s Days Inventory Range Over the Past 10 Years
Min: 72.65 Med: 84 Max: 96.13
Current: 87.08
During the past 13 years, Nitin Spinners's highest Days Inventory was 96.13. The lowest was 72.65. And the median was 84.00.
BOM:532698's Days Inventory is ranked better than 69.22% of 1007
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.82
vs BOM:532698: 87.08
Nitin Spinners's Days Inventory
declined
from Mar. 2025 (90.84) to Mar. 2026 (90.19).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nitin Spinners's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.01.
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.
Nitin Spinners's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.71.
Nitin Spinners (BOM:532698) 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.
Nitin Spinners'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.
Nitin Spinners'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.
Nitin Spinners Days Inventory Related Terms
Nitin Spinners Days Inventory Historical Data
* Premium members only.
The historical data trend for Nitin Spinners'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.
Nitin Spinners Days Inventory Competitor Comparison
For the Textile Manufacturing subindustry, Nitin Spinners'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.
Nitin Spinners Days Inventory vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitin Spinners's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nitin Spinners's Days Inventory falls into.
* 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.
Nitin Spinners (BOM:532698) has a Days Inventory of 90.19 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nitin Spinners and its competitors. This is near median its historical median of 84.00. Over the past decade, Nitin Spinners' Days Inventory has ranged from 72.65 to 96.13. According to the industry distribution chart, Nitin Spinners ranks #310 out of 1007 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 30.8%.
Is Nitin Spinners' Days Inventory too high?
Nitin Spinners' current Days Inventory of 90.19 is near median its 10-year median of 84.00. Over the past 10 years, this metric has ranged from a low of 72.65 to a high of 96.13. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.82. Nitin Spinners' value of 90.19 is 32.1% below this industry median. Based on the distribution chart, Nitin Spinners ranks #310 out of 1007 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nitin Spinners has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitin Spinners' Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitin Spinners ranks #310 out of 1007 companies for Days Inventory. This puts Nitin Spinners in the upper half of its industry. The industry median Days Inventory is 132.82. Nitin Spinners' value of 90.19 is 32.1% below this benchmark. Historically, Nitin Spinners' own Days Inventory has ranged from 72.65 to 96.13 over the past decade. While the company's 10-year median is 84.00 vs. the industry median of 132.82, Nitin Spinners 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.82, based on 1,007 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. Nitin Spinners's current Days Inventory of 90.19 is 32.1% 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 Nitin Spinners and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitin Spinners's current Days Inventory is 90.19, which is near median its own 10-year median of 84.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitin Spinners stock overvalued right now?
Based on GuruFocus' analysis, Nitin Spinners (BOM:532698) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹402.30, compared to a current price of ₹544.90 — trading 35.4% above its estimated fair value. The current Days Inventory is 90.19, which is near median its 10-year median of 84.00 and 32.1% below the Manufacturing - Apparel & Accessories industry median of 132.82. Nitin Spinners' overall GF Score™ is 70/100 with 10 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 Nitin Spinners (BOM:532698), the current Days Inventory is 90.19 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 Nitin Spinners (BOM:532698) Overvalued in 2026?
Based on GuruFocus' analysis, Nitin Spinners stock appears to be overvalued.
The current stock price of ₹544.90 is trading 35.4% above its estimated GF Value™ of ₹402.30.
GuruFocus considers Nitin Spinners to be Significantly Overvalued.
Key valuation signals for BOM:532698:
Days Inventory: 90.19 (near median its 10-year median of 84.00)
GF Value™: ₹402.30 vs. price of ₹544.90 (35.4% above fair value)
Industry Position: 32.1% below the Manufacturing - Apparel & Accessories median (#310 of 1007)
No single metric tells the full story. See the BOM:532698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitin Spinners Ltd is an Indian company engaged in the textile business. It manufactures products such as cotton yarn and cotton knitted fabric. Its product comprises Yarn, Knitted Fabrics, Woven Fabrics, and Others. The yarn product, which is the key revenue driver, includes open-end yarns, multifold open-end yarns, ring-spun combed yarns, multifold ring spun yarns, compact yarns, fancy slub yarns, and ore spun yarns. The cotton knitted fabrics comprise single jersey, pique structures, interlock structures, rib structures, and three thread fleece. The company carries out sales within India as well as exports to other countries.
70GF Score
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