Shanti Spintex (BOM:544059) Days Inventory: 8.76 (As of Mar. 2026) — 23% Below Median

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BOM:544059 Shanti Spintex Ltd BOM:544059
43 GF Score
Price ₹35.00
! 5 Warning Signs
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What is Shanti Spintex Days Inventory?

Shanti Spintex BOM:544059 -4.11% 43 Days Inventory is 8.76 as of Mar. 2026, which is 23% below its 10-year median of 11.34. GuruFocus rates BOM:544059 with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 1,006 Manufacturing - Apparel & Accessories companies, Shanti Spintex ranks better than 97.91% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shanti Spintex's Average Total Inventories for the six months ended in Mar. 2026 was ₹149 Mil. Shanti Spintex's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹3,114 Mil. Hence, Shanti Spintex's Days Inventory for the six months ended in Mar. 2026 was 8.76.

The historical rank and industry rank for Shanti Spintex's Days Inventory or its related term are showing as below:

BOM:544059' s Days Inventory Range Over the Past 10 Years
Min: 7.7   Med: 11.34   Max: 14.28
Current: 9.32

During the past 6 years, Shanti Spintex's highest Days Inventory was 14.28. The lowest was 7.70. And the median was 11.34.

BOM:544059's Days Inventory is ranked better than
97.91% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.7 vs BOM:544059: 9.32

Shanti Spintex's Days Inventory declined from Mar. 2025 (11.47) to Mar. 2026 (8.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanti Spintex's Inventory Turnover for the six months ended in Mar. 2026 was 20.83.

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. Shanti Spintex's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.05.


Shanti Spintex  (BOM:544059) 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.

Shanti Spintex'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.

Shanti Spintex'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.


Shanti Spintex Days Inventory Related Terms


Shanti Spintex Days Inventory Historical Data

* Premium members only.

The historical data trend for Shanti Spintex'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.

Shanti Spintex Days Inventory Chart

Shanti Spintex Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 7.70 13.61 14.28 10.69 8.88

Shanti Spintex Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only 10.72 11.24 11.47 10.21 8.76

Shanti Spintex Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Shanti Spintex'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.


Shanti Spintex Days Inventory vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shanti Spintex's Days Inventory falls into.


BOM:544059
43GF Score
Shanti Spintex Ltd BOM:544059
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanti Spintex Days Inventory Calculation

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

Shanti Spintex'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
=( (216.988 + 110.835) / 2 ) / 6734.86*365
=163.9115 / 6734.86*365
=8.88

Shanti Spintex'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
=( (188.065 + 110.835) / 2 ) / 3113.548*365 / 2
=149.45 / 3113.548*365 / 2
=8.76

* 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 8.76 mean?
Shanti Spintex (BOM:544059) has a Days Inventory of 8.76 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shanti Spintex and its competitors. This is 23% below median its historical median of 11.34. Over the past decade, Shanti Spintex's Days Inventory has ranged from 7.70 to 14.28. According to the industry distribution chart, Shanti Spintex ranks #21 out of 1006 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 2.1%.
Is Shanti Spintex's Days Inventory too high?
Shanti Spintex's current Days Inventory of 8.76 is 23% below median its 10-year median of 11.34. Over the past 10 years, this metric has ranged from a low of 7.70 to a high of 14.28. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.70. Shanti Spintex's value of 8.76 is 93.4% below this industry median. Based on the distribution chart, Shanti Spintex ranks #21 out of 1006 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shanti Spintex has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Spintex's Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanti Spintex ranks #21 out of 1006 companies for Days Inventory. This places Shanti Spintex in the top 2% of its industry — outperforming the majority of peers. The industry median Days Inventory is 132.70. Shanti Spintex's value of 8.76 is 93.4% below this benchmark. Historically, Shanti Spintex's own Days Inventory has ranged from 7.70 to 14.28 over the past decade. While the company's 10-year median is 11.34 vs. the industry median of 132.70, Shanti Spintex 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. Shanti Spintex's current Days Inventory of 8.76 is 93.4% 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 Shanti Spintex 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. Shanti Spintex's current Days Inventory is 8.76, which is 23% below median its own 10-year median of 11.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Spintex stock overvalued right now?
Shanti Spintex (BOM:544059) has a current Days Inventory of 8.76. The current Days Inventory is 8.76, which is 23% below median its 10-year median of 11.34 and 93.4% below the Manufacturing - Apparel & Accessories industry median of 132.70. Shanti Spintex's overall GF Score™ is 43/100 with 5 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 Shanti Spintex (BOM:544059), the current Days Inventory is 8.76 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.

Shanti Spintex Business Description

Address Ambli Bopal Road, A -1601, Navratna Corporate Park, Ahmedabad, GJ, IND, 380058
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.
43GF Score

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