SPA Capital Services (BOM:542376) Days Inventory: 132.92 (As of Mar. 2026) — 407% Above Median

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BOM:542376 SPA Capital Services Ltd BOM:542376
35 GF Score
Price ₹213.00
! 2 Warning Signs
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What is SPA Capital Services Days Inventory?

SPA Capital Services BOM:542376 35 Days Inventory is 132.92 as of Mar. 2026, which is 407% above its 10-year median of 26.21. GuruFocus rates BOM:542376 with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 229 Capital Markets companies, SPA Capital Services ranks worse than 69% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). SPA Capital Services's Average Total Inventories for the three months ended in Mar. 2026 was ₹136.8 Mil. SPA Capital Services's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹93.9 Mil. Hence, SPA Capital Services's Days Inventory for the three months ended in Mar. 2026 was 132.92.

The historical rank and industry rank for SPA Capital Services's Days Inventory or its related term are showing as below:

BOM:542376' s Days Inventory Range Over the Past 10 Years
Min: 0.03   Med: 26.21   Max: 216.21
Current: 163.95

During the past 13 years, SPA Capital Services's highest Days Inventory was 216.21. The lowest was 0.03. And the median was 26.21.

BOM:542376's Days Inventory is ranked worse than
69% of 229 companies
in the Capital Markets industry
Industry Median: 62.98 vs BOM:542376: 163.95

SPA Capital Services's Days Inventory declined from Mar. 2025 (141.29) to Mar. 2026 (132.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. SPA Capital Services's Inventory Turnover for the three months ended in Mar. 2026 was 0.69.

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. SPA Capital Services's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.25.


SPA Capital Services  (BOM:542376) 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.

SPA Capital Services'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.

SPA Capital Services'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.


SPA Capital Services Days Inventory Related Terms


SPA Capital Services Days Inventory Historical Data

* Premium members only.

The historical data trend for SPA Capital Services'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.

SPA Capital Services Days Inventory Chart

SPA Capital Services 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 0.07 0.07 149.28 216.21 168.16

SPA Capital Services 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 141.29 167.15 161.80 196.16 132.92

BOM:542376 vs MS, GS, SCHW: Days Inventory Comparison

For the Capital Markets subindustry, SPA Capital Services'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.


SPA Capital Services Days Inventory vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SPA Capital Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where SPA Capital Services's Days Inventory falls into.


BOM:542376
35GF Score
SPA Capital Services Ltd BOM:542376
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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SPA Capital Services Days Inventory Calculation

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

SPA Capital Services'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
=( (166.601 + 136.82) / 2 ) / 329.3*365
=151.7105 / 329.3*365
=168.16

SPA Capital Services'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 + 136.82) / 1 ) / 93.93*365 / 4
=136.82 / 93.93*365 / 4
=132.92

* 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 132.92 mean?
SPA Capital Services (BOM:542376) has a Days Inventory of 132.92 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SPA Capital Services and its competitors. This is 407% above median its historical median of 26.21. Over the past decade, SPA Capital Services' Days Inventory has ranged from 0.03 to 216.21. According to the industry distribution chart, SPA Capital Services ranks #158 out of 229 companies in the Capital Markets industry, placing it in the top 69%.
Is SPA Capital Services' Days Inventory too high?
SPA Capital Services' current Days Inventory of 132.92 is 407% above median its 10-year median of 26.21. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 216.21. The Capital Markets industry median Days Inventory is 62.98. SPA Capital Services' value of 132.92 is 111.1% above this industry median. Based on the distribution chart, SPA Capital Services ranks #158 out of 229 companies in the Capital Markets industry, which is below the industry midpoint. Overall, SPA Capital Services has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does SPA Capital Services' Days Inventory compare to MS and GS?
According to the Capital Markets industry distribution chart, SPA Capital Services ranks #158 out of 229 companies for Days Inventory. This places SPA Capital Services in the lower half of its industry. The industry median Days Inventory is 62.98. SPA Capital Services' value of 132.92 is 111.1% above this benchmark. Historically, SPA Capital Services' own Days Inventory has ranged from 0.03 to 216.21 over the past decade. While the company's 10-year median is 26.21 vs. the industry median of 62.98, SPA Capital Services 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 Capital Markets company?
The median Days Inventory among Capital Markets companies is 62.98, based on 229 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. SPA Capital Services's current Days Inventory of 132.92 is 111.1% 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 SPA Capital Services and its competitors. For the Capital Markets industry, the median Days Inventory is 62.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPA Capital Services's current Days Inventory is 132.92, which is 407% above median its own 10-year median of 26.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPA Capital Services stock overvalued right now?
SPA Capital Services (BOM:542376) has a current Days Inventory of 132.92. The current Days Inventory is 132.92, which is 407% above median its 10-year median of 26.21 and 111.1% above the Capital Markets industry median of 62.98. SPA Capital Services' overall GF Score™ is 35/100 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 SPA Capital Services (BOM:542376), the current Days Inventory is 132.92 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.

SPA Capital Services Business Description

Address 25, C-Block Community Centre, Janakpuri, New Delhi, IND, 110 058
SPA Capital Services Ltd operates in the business segment of Financial Services. It is a financial solutions provider in corporate finance and wealth management to Indian companies and high-net-worth individuals. The company offers services for investment management, wealth management, financial advisory, corporate finance, risk management, insurance broking, and others.
35GF Score

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