Shine Fashions (India) (BOM:543244) Days Inventory: 91.48 (As of Mar. 2026) — 303% Above Median

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BOM:543244 Shine Fashions (India) Ltd BOM:543244
79 GF Score
Price ₹24.66
GF Value ₹57.00
Valuation Possible Value Trap
! 7 Warning Signs
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What is Shine Fashions (India) Days Inventory?

Shine Fashions (India) BOM:543244 -4.97% 79 Days Inventory is 91.48 as of Mar. 2026, which is 303% above its 10-year median of 22.72. GuruFocus rates BOM:543244 with a GF Score™ of 79/100 and a GF Value™ of ₹57.00 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,007 Manufacturing - Apparel & Accessories companies, Shine Fashions (India) ranks better than 67.83% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shine Fashions (India)'s Average Total Inventories for the six months ended in Mar. 2026 was ₹252 Mil. Shine Fashions (India)'s Cost of Goods Sold for the six months ended in Mar. 2026 was ₹502 Mil. Hence, Shine Fashions (India)'s Days Inventory for the six months ended in Mar. 2026 was 91.48.

The historical rank and industry rank for Shine Fashions (India)'s Days Inventory or its related term are showing as below:

BOM:543244' s Days Inventory Range Over the Past 10 Years
Min: 12.35   Med: 22.72   Max: 89.52
Current: 89.52

During the past 7 years, Shine Fashions (India)'s highest Days Inventory was 89.52. The lowest was 12.35. And the median was 22.72.

BOM:543244's Days Inventory is ranked better than
67.83% of 1007 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.82 vs BOM:543244: 89.52

Shine Fashions (India)'s Days Inventory increased from Mar. 2025 (49.87) to Mar. 2026 (91.48). It might indicate that Shine Fashions (India)'s sales slowed down.

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. Shine Fashions (India)'s Inventory Turnover for the six months ended in Mar. 2026 was 1.99.

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. Shine Fashions (India)'s Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.43.


Shine Fashions (India)  (BOM:543244) 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.

Shine Fashions (India)'s Inventory Turnover for the six 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.

Shine Fashions (India)'s Inventory to Revenue for the six 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.


Shine Fashions (India) Days Inventory Related Terms


Shine Fashions (India) Days Inventory Historical Data

* Premium members only.

The historical data trend for Shine Fashions (India)'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.

Shine Fashions (India) Days Inventory Chart

Shine Fashions (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 12.35 16.62 31.42 50.35 87.56

Shine Fashions (India) Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.42 53.06 49.87 89.07 91.48

Shine Fashions (India) Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Shine Fashions (India)'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.


Shine Fashions (India) Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shine Fashions (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Shine Fashions (India)'s Days Inventory falls into.


BOM:543244
79GF Score
Shine Fashions (India) Ltd BOM:543244
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shine Fashions (India) Days Inventory Calculation

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

Shine Fashions (India)'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
=( (122.433 + 285.643) / 2 ) / 850.522*365
=204.038 / 850.522*365
=87.56

Shine Fashions (India)'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (217.701 + 285.643) / 2 ) / 502.059*365 / 2
=251.672 / 502.059*365 / 2
=91.48

* 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 91.48 mean?
Shine Fashions (India) (BOM:543244) has a Days Inventory of 91.48 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shine Fashions (India) and its competitors. This is 303% above median its historical median of 22.72. Over the past decade, Shine Fashions (India)'s Days Inventory has ranged from 12.35 to 89.52. According to the industry distribution chart, Shine Fashions (India) ranks #324 out of 1007 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.2%.
Is Shine Fashions (India)'s Days Inventory too high?
Shine Fashions (India)'s current Days Inventory of 91.48 is 303% above median its 10-year median of 22.72. Over the past 10 years, this metric has ranged from a low of 12.35 to a high of 89.52. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.82. Shine Fashions (India)'s value of 91.48 is 31.1% below this industry median. Based on the distribution chart, Shine Fashions (India) ranks #324 out of 1007 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shine Fashions (India) has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shine Fashions (India)'s Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shine Fashions (India) ranks #324 out of 1007 companies for Days Inventory. This puts Shine Fashions (India) in the upper half of its industry. The industry median Days Inventory is 132.82. Shine Fashions (India)'s value of 91.48 is 31.1% below this benchmark. Historically, Shine Fashions (India)'s own Days Inventory has ranged from 12.35 to 89.52 over the past decade. While the company's 10-year median is 22.72 vs. the industry median of 132.82, Shine Fashions (India) 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. Shine Fashions (India)'s current Days Inventory of 91.48 is 31.1% 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 Shine Fashions (India) 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. Shine Fashions (India)'s current Days Inventory is 91.48, which is 303% above median its own 10-year median of 22.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Fashions (India) stock overvalued right now?
Based on GuruFocus' analysis, Shine Fashions (India) (BOM:543244) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.00, compared to a current price of ₹24.66 — trading 56.7% below its estimated fair value. The current Days Inventory is 91.48, which is 303% above median its 10-year median of 22.72 and 31.1% below the Manufacturing - Apparel & Accessories industry median of 132.82. Shine Fashions (India)'s overall GF Score™ is 79/100 with 7 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 Shine Fashions (India) (BOM:543244), the current Days Inventory is 91.48 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 Shine Fashions (India) (BOM:543244) Overvalued in 2026?

Based on GuruFocus' analysis, Shine Fashions (India) stock appears to be undervalued. The current stock price of ₹24.66 is trading 56.7% below its estimated GF Value™ of ₹57.00. GuruFocus considers Shine Fashions (India) to be Possible Value Trap.

Key valuation signals for BOM:543244:

  • Days Inventory: 91.48 (303% above median its 10-year median of 22.72)
  • GF Value™: ₹57.00 vs. price of ₹24.66 (56.7% below fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 31.1% below the Manufacturing - Apparel & Accessories median (#324 of 1007)

No single metric tells the full story. See the BOM:543244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shine Fashions (India) Business Description

Address L.B.S.Road,Opposite Veena Nagar, 912, 9th Floor, Runwal R Square, Mulund west, Mumbai, MH, IND, 400 080
Shine Fashions (India) Ltd imports, supplies, and trades non-woven interlining fabrics, woven fusible interlinings, and microdot fusible interlinings. The company's product portfolio includes Hot Web Adhesive; Woven Stretch Interlining; Cap Interlining; Tricot; Non-Woven Interlining; Cotton Fusible Interlining; and Trafetta. It offers products in white, off-white, black, and charcoal.
79GF Score

Get the complete analysis for BOM:543244

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

₹24.66
Price
₹57.00
GF Value