True Green Bio Energy (BOM:533407) Days Inventory: 28.46 (As of Mar. 2026) — 32% Below Median

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BOM:533407 True Green Bio Energy Ltd BOM:533407
20 GF Score
Price ₹179.80
! 6 Warning Signs
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What is True Green Bio Energy Days Inventory?

True Green Bio Energy BOM:533407 -3.67% 20 Days Inventory is 28.46 as of Mar. 2026, which is 32% below its 10-year median of 42.03. GuruFocus rates BOM:533407 with a GF Score™ of 20/100. The stock has 6 warning signs investors should review. Among 1,006 Manufacturing - Apparel & Accessories companies, True Green Bio Energy ranks better than 88.27% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). True Green Bio Energy's Average Total Inventories for the three months ended in Mar. 2026 was ₹392 Mil. True Green Bio Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,255 Mil. Hence, True Green Bio Energy's Days Inventory for the three months ended in Mar. 2026 was 28.46.

The historical rank and industry rank for True Green Bio Energy's Days Inventory or its related term are showing as below:

BOM:533407' s Days Inventory Range Over the Past 10 Years
Min: 33.84   Med: 42.03   Max: 81.6
Current: 44.88

During the past 13 years, True Green Bio Energy's highest Days Inventory was 81.60. The lowest was 33.84. And the median was 42.03.

BOM:533407's Days Inventory is ranked better than
88.27% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.7 vs BOM:533407: 44.88

True Green Bio Energy's Days Inventory declined from Mar. 2025 (113.74) to Mar. 2026 (28.46).

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. True Green Bio Energy's Inventory Turnover for the three months ended in Mar. 2026 was 3.21.

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. True Green Bio Energy's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.21.


True Green Bio Energy  (BOM:533407) 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.

True Green Bio Energy'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.

True Green Bio Energy'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.


True Green Bio Energy Days Inventory Related Terms


True Green Bio Energy Days Inventory Historical Data

* Premium members only.

The historical data trend for True Green Bio Energy'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.

True Green Bio Energy Days Inventory Chart

True Green Bio Energy 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 0.00 0.00 0.00 39.57 43.07

True Green Bio Energy 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 113.74 67.17 4,355.21 44.74 28.46

True Green Bio Energy Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, True Green Bio Energy'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.


True Green Bio Energy Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, True Green Bio Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where True Green Bio Energy's Days Inventory falls into.


BOM:533407
20GF Score
True Green Bio Energy Ltd BOM:533407
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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True Green Bio Energy Days Inventory Calculation

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

True Green Bio Energy'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
=( (29.272 + 391.62) / 2 ) / 1783.607*365
=210.446 / 1783.607*365
=43.07

True Green Bio Energy'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 + 391.62) / 1 ) / 1255.462*365 / 4
=391.62 / 1255.462*365 / 4
=28.46

* 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 28.46 mean?
True Green Bio Energy (BOM:533407) has a Days Inventory of 28.46 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on True Green Bio Energy and its competitors. This is 32% below median its historical median of 42.03. Over the past decade, True Green Bio Energy's Days Inventory has ranged from 33.84 to 81.60. According to the industry distribution chart, True Green Bio Energy ranks #118 out of 1006 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 11.7%.
Is True Green Bio Energy's Days Inventory too high?
True Green Bio Energy's current Days Inventory of 28.46 is 32% below median its 10-year median of 42.03. Over the past 10 years, this metric has ranged from a low of 33.84 to a high of 81.60. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.70. True Green Bio Energy's value of 28.46 is 78.6% below this industry median. Based on the distribution chart, True Green Bio Energy ranks #118 out of 1006 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, True Green Bio Energy has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does True Green Bio Energy's Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, True Green Bio Energy ranks #118 out of 1006 companies for Days Inventory. This places True Green Bio Energy in the top 12% of its industry — outperforming the majority of peers. The industry median Days Inventory is 132.70. True Green Bio Energy's value of 28.46 is 78.6% below this benchmark. Historically, True Green Bio Energy's own Days Inventory has ranged from 33.84 to 81.60 over the past decade. While the company's 10-year median is 42.03 vs. the industry median of 132.70, True Green Bio Energy 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 132.70, based on 1,006 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. True Green Bio Energy's current Days Inventory of 28.46 is 78.6% 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 True Green Bio Energy and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True Green Bio Energy's current Days Inventory is 28.46, which is 32% below median its own 10-year median of 42.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True Green Bio Energy stock overvalued right now?
True Green Bio Energy (BOM:533407) has a current Days Inventory of 28.46. The current Days Inventory is 28.46, which is 32% below median its 10-year median of 42.03 and 78.6% below the Manufacturing - Apparel & Accessories industry median of 132.70. True Green Bio Energy's overall GF Score™ is 20/100 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 True Green Bio Energy (BOM:533407), the current Days Inventory is 28.46 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.

True Green Bio Energy Business Description

Address Shivranjani Cross Roads, Chiripal House, Satellite, Ahmedabad, GJ, IND, 380015
True Green Bio Energy Ltd, formerly CIL Nova Petrochemicals Ltd is a fibre manufacturing company based in India. The company is engaged in manufacturing of polyster oriented yarn and fully drawn yarn. In addition, it also includes blended manmade fibres and others.
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