Parag Milk Food (BOM:539889) Days Inventory: 97.88 (As of Mar. 2026) — Near 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:539889 Parag Milk Food Ltd BOM:539889
80 GF Score
Price ₹233.05
GF Value ₹246.01
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Parag Milk Food Days Inventory?

Parag Milk Food BOM:539889 +3.65% 80 Days Inventory is 97.88 as of Mar. 2026, which is 1% below its 10-year median of 99.15. GuruFocus rates BOM:539889 with a GF Score™ of 80/100 and a GF Value™ of ₹246.01 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,874 Consumer Packaged Goods companies, Parag Milk Food ranks worse than 53.95% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Parag Milk Food's Average Total Inventories for the three months ended in Mar. 2026 was ₹7,303 Mil. Parag Milk Food's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,808 Mil. Hence, Parag Milk Food's Days Inventory for the three months ended in Mar. 2026 was 97.88.

The historical rank and industry rank for Parag Milk Food's Days Inventory or its related term are showing as below:

BOM:539889' s Days Inventory Range Over the Past 10 Years
Min: 83.07   Med: 99.15   Max: 177.2
Current: 88.61

During the past 13 years, Parag Milk Food's highest Days Inventory was 177.20. The lowest was 83.07. And the median was 99.15.

BOM:539889's Days Inventory is ranked worse than
53.95% of 1874 companies
in the Consumer Packaged Goods industry
Industry Median: 83.11 vs BOM:539889: 88.61

Parag Milk Food's Days Inventory increased from Mar. 2025 (78.39) to Mar. 2026 (97.88). It might indicate that Parag Milk Food's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Parag Milk Food's Inventory Turnover for the three months ended in Mar. 2026 was 0.93.

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. Parag Milk Food's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.77.


Parag Milk Food  (BOM:539889) 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.

Parag Milk Food'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.

Parag Milk Food'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.


Parag Milk Food Days Inventory Related Terms


Parag Milk Food Days Inventory Historical Data

* Premium members only.

The historical data trend for Parag Milk Food'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.

Parag Milk Food Days Inventory Chart

Parag Milk Food 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 103.54 83.07 89.88 87.50 85.34

Parag Milk Food 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 78.39 85.26 89.02 88.67 97.88

BOM:539889 vs KHC, GIS: Days Inventory Comparison

For the Packaged Foods subindustry, Parag Milk Food'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.


Parag Milk Food Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Parag Milk Food's Days Inventory distribution charts can be found below:

* The bar in red indicates where Parag Milk Food's Days Inventory falls into.


BOM:539889
80GF Score
Parag Milk Food Ltd BOM:539889
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parag Milk Food Days Inventory Calculation

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

Parag Milk Food'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
=( (5779.5 + 7303) / 2 ) / 27976.5*365
=6541.25 / 27976.5*365
=85.34

Parag Milk Food'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 + 7303) / 1 ) / 6808*365 / 4
=7303 / 6808*365 / 4
=97.88

* 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 97.88 mean?
Parag Milk Food (BOM:539889) has a Days Inventory of 97.88 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Parag Milk Food and its competitors. This is near median its historical median of 99.15. Over the past decade, Parag Milk Food's Days Inventory has ranged from 83.07 to 177.20. According to the industry distribution chart, Parag Milk Food ranks #1011 out of 1874 companies in the Consumer Packaged Goods industry, placing it in the top 53.9%.
Is Parag Milk Food's Days Inventory too high?
Parag Milk Food's current Days Inventory of 97.88 is near median its 10-year median of 99.15. Over the past 10 years, this metric has ranged from a low of 83.07 to a high of 177.20. The Consumer Packaged Goods industry median Days Inventory is 83.11. Parag Milk Food's value of 97.88 is 17.8% above this industry median. Based on the distribution chart, Parag Milk Food ranks #1011 out of 1874 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Parag Milk Food has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Parag Milk Food's Days Inventory compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Parag Milk Food ranks #1011 out of 1874 companies for Days Inventory. This places Parag Milk Food in the lower half of its industry. The industry median Days Inventory is 83.11. Parag Milk Food's value of 97.88 is 17.8% above this benchmark. Historically, Parag Milk Food's own Days Inventory has ranged from 83.07 to 177.20 over the past decade. While the company's 10-year median is 99.15 vs. the industry median of 83.11, Parag Milk Food 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 Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 83.11, based on 1,874 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. Parag Milk Food's current Days Inventory of 97.88 is 17.8% 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 Parag Milk Food and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 83.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parag Milk Food's current Days Inventory is 97.88, which is near median its own 10-year median of 99.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parag Milk Food stock overvalued right now?
Based on GuruFocus' analysis, Parag Milk Food (BOM:539889) is currently considered Fairly Valued. The stock's GF Value™ is ₹246.01, compared to a current price of ₹233.05 — trading 5.3% below its estimated fair value. The current Days Inventory is 97.88, which is near median its 10-year median of 99.15 and 17.8% above the Consumer Packaged Goods industry median of 83.11. Parag Milk Food's overall GF Score™ is 80/100 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 Parag Milk Food (BOM:539889), the current Days Inventory is 97.88 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 Parag Milk Food (BOM:539889) Overvalued in 2026?

Based on GuruFocus' analysis, Parag Milk Food stock appears to be undervalued. The current stock price of ₹233.05 is trading 5.3% below its estimated GF Value™ of ₹246.01. GuruFocus considers Parag Milk Food to be Fairly Valued.

Key valuation signals for BOM:539889:

  • Days Inventory: 97.88 (near median its 10-year median of 99.15)
  • GF Value™: ₹246.01 vs. price of ₹233.05 (5.3% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 17.8% above the Consumer Packaged Goods median (#1011 of 1874)

No single metric tells the full story. See the BOM:539889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Parag Milk Food Business Description

Other Exchanges PARAGMILK:India
Address Nariman Point, 10th Floor Nirmal Building, Mumbai, MH, IND, 400021
Parag Milk Food Ltd is an India based company engaged in manufacturing, trading, and processing of milk and milk products. The products offered by the company are milk, cheese, butter, ghee, fresh cream, milk powder, flavoured milk, lassi, whey protein powder, curd, and other related products. The company markets its products under the brands Gowardhan, Go, Topp up and PRIDE OF COWS. It sells its products in India, and also exports internationally, of which majority of the sales revenue is generated within India.
80GF Score

Get the complete analysis for BOM:539889

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

₹233.05
Price
₹246.01
GF Value