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.
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.
NitcoBOM:532722 +6.61%42 Days Inventory is 357.54 as of Mar. 2026, which is 2% above its 10-year median of 350.32. GuruFocus rates BOM:532722 with a GF Score™ of 42/100 and a GF Value™ of ₹56.57 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,491 Construction companies, Nitco ranks worse than 93.63% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Nitco's Average Total Inventories for the
three
months ended in Mar. 2026 was ₹4,285 Mil. Nitco's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹1,094 Mil.
Hence, Nitco's Days Inventory for the
three
months ended in Mar. 2026 was 357.54.
The historical rank and industry rank for Nitco's Days Inventory or its related term are showing as below:
BOM:532722'
s Days Inventory Range Over the Past 10 Years
Min: 283.76 Med: 350.32 Max: 469.59
Current: 412.79
During the past 13 years, Nitco's highest Days Inventory was 469.59. The lowest was 283.76. And the median was 350.32.
BOM:532722's Days Inventory is ranked worse than 93.63% of 1491
companies
in the Construction industry
Industry Median: 49.87
vs BOM:532722: 412.79
Nitco's Days Inventory
declined
from Mar. 2025 (498.04) to Mar. 2026 (357.54).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nitco's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.26.
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.
Nitco's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 2.84.
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.
Nitco'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.
Nitco'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.
Nitco Days Inventory Related Terms
Nitco Days Inventory Historical Data
* Premium members only.
The historical data trend for Nitco'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.
BOM:532722 vs TT, JCI, CARR: Days Inventory Comparison
For the Building Products & Equipment subindustry, Nitco'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.
Nitco Days Inventory vs Construction Industry
For the Construction industry and Industrials sector, Nitco's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nitco'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.
Nitco (BOM:532722) has a Days Inventory of 357.54 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nitco and its competitors. This is near median its historical median of 350.32. Over the past decade, Nitco's Days Inventory has ranged from 283.76 to 469.59. According to the industry distribution chart, Nitco ranks #1396 out of 1491 companies in the Construction industry, placing it in the top 93.6%.
Is Nitco's Days Inventory too high?
Nitco's current Days Inventory of 357.54 is near median its 10-year median of 350.32. Over the past 10 years, this metric has ranged from a low of 283.76 to a high of 469.59. The Construction industry median Days Inventory is 49.87. Nitco's value of 357.54 is 616.9% above this industry median. Based on the distribution chart, Nitco ranks #1396 out of 1491 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Nitco has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitco's Days Inventory compare to TT and JCI?
According to the Construction industry distribution chart, Nitco ranks #1396 out of 1491 companies for Days Inventory. This places Nitco in the lower half of its industry. The industry median Days Inventory is 49.87. Nitco's value of 357.54 is 616.9% above this benchmark. Historically, Nitco's own Days Inventory has ranged from 283.76 to 469.59 over the past decade. While the company's 10-year median is 350.32 vs. the industry median of 49.87, Nitco 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 Construction company?
The median Days Inventory among Construction companies is 49.87, based on 1,491 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. Nitco's current Days Inventory of 357.54 is 616.9% 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 Nitco and its competitors. For the Construction industry, the median Days Inventory is 49.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitco's current Days Inventory is 357.54, which is near median its own 10-year median of 350.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitco stock overvalued right now?
Based on GuruFocus' analysis, Nitco (BOM:532722) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹56.57, compared to a current price of ₹107.20 — trading 89.5% above its estimated fair value. The current Days Inventory is 357.54, which is near median its 10-year median of 350.32 and 616.9% above the Construction industry median of 49.87. Nitco's overall GF Score™ is 42/100 with 6 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 Nitco (BOM:532722), the current Days Inventory is 357.54 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 Nitco (BOM:532722) Overvalued in 2026?
Based on GuruFocus' analysis, Nitco stock appears to be overvalued.
The current stock price of ₹107.20 is trading 89.5% above its estimated GF Value™ of ₹56.57.
GuruFocus considers Nitco to be Significantly Overvalued.
Key valuation signals for BOM:532722:
Days Inventory: 357.54 (near median its 10-year median of 350.32)
GF Value™: ₹56.57 vs. price of ₹107.20 (89.5% above fair value)
Industry Position: 616.9% above the Construction median (#1396 of 1491)
No single metric tells the full story. See the BOM:532722 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitco Ltd is an Indian company engaged in manufacturing and providing ceramic products, including floor/wall tiles, processing of marble, and outsourcing of vitrified tiles. It is also engaged in real estate development. The company portfolio comprises a range of tiles, marbles, mosaics, and development for real estate projects. Its segments include tiles and other related products, and real estate. The firm derives the majority of its revenue from tiles and other related products within India.
42GF Score
Get the complete analysis for BOM:532722
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:532722 has been successfully added to your 
