Piotex Industries (BOM:544178) Days Inventory: 6.22 (As of Mar. 2026) — 110% Above Median

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BOM:544178 Piotex Industries Ltd BOM:544178
19 GF Score
Price ₹31.50
! 3 Warning Signs
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What is Piotex Industries Days Inventory?

Piotex Industries BOM:544178 19 Days Inventory is 6.22 as of Mar. 2026, which is 110% above its 10-year median of 2.96. GuruFocus rates BOM:544178 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Piotex Industries ranks better than 99.1% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Piotex Industries's Average Total Inventories for the six months ended in Mar. 2026 was ₹7.6 Mil. Piotex Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹223.7 Mil. Hence, Piotex Industries's Days Inventory for the six months ended in Mar. 2026 was 6.22.

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

BOM:544178' s Days Inventory Range Over the Past 10 Years
Min: 0.45   Med: 2.96   Max: 40.26
Current: 3.02

During the past 5 years, Piotex Industries's highest Days Inventory was 40.26. The lowest was 0.45. And the median was 2.96.

BOM:544178's Days Inventory is ranked better than
99.1% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.61 vs BOM:544178: 3.02

Piotex Industries's Days Inventory increased from Mar. 2025 (3.21) to Mar. 2026 (6.22). It might indicate that Piotex Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Piotex Industries's Inventory Turnover for the six months ended in Mar. 2026 was 29.36.

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. Piotex Industries's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.03.


Piotex Industries  (BOM:544178) 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.

Piotex Industries'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.

Piotex Industries'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.


Piotex Industries Days Inventory Related Terms


Piotex Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Piotex Industries'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.

Piotex Industries Days Inventory Chart

Piotex Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
40.26 19.33 0.45 1.24 2.96

Piotex Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Inventory Get a 7-Day Free Trial 0.00 2.64 3.21 1.98 6.22

Piotex Industries Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Piotex Industries'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.


Piotex Industries Days Inventory vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Piotex Industries's Days Inventory falls into.


BOM:544178
19GF Score
Piotex Industries Ltd BOM:544178
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Piotex Industries Days Inventory Calculation

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

Piotex Industries'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
=( (6.692 + 7.615) / 2 ) / 883.45*365
=7.1535 / 883.45*365
=2.96

Piotex Industries'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
=( (7.623 + 7.615) / 2 ) / 223.656*365 / 2
=7.619 / 223.656*365 / 2
=6.22

* 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 6.22 mean?
Piotex Industries (BOM:544178) has a Days Inventory of 6.22 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Piotex Industries and its competitors. This is 110% above median its historical median of 2.96. Over the past decade, Piotex Industries' Days Inventory has ranged from 0.45 to 40.26. According to the industry distribution chart, Piotex Industries ranks #9 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.90000000000001%.
Is Piotex Industries' Days Inventory too high?
Piotex Industries' current Days Inventory of 6.22 is 110% above median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 40.26. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.61. Piotex Industries' value of 6.22 is 95.3% below this industry median. Based on the distribution chart, Piotex Industries ranks #9 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Piotex Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Piotex Industries' Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Piotex Industries ranks #9 out of 1004 companies for Days Inventory. This places Piotex Industries in the top 1% of its industry — outperforming the majority of peers. The industry median Days Inventory is 132.61. Piotex Industries' value of 6.22 is 95.3% below this benchmark. Historically, Piotex Industries' own Days Inventory has ranged from 0.45 to 40.26 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 132.61, Piotex Industries 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 132.61, based on 1,004 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. Piotex Industries's current Days Inventory of 6.22 is 95.3% 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 Piotex Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piotex Industries's current Days Inventory is 6.22, which is 110% above median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piotex Industries stock overvalued right now?
Piotex Industries (BOM:544178) has a current Days Inventory of 6.22. The current Days Inventory is 6.22, which is 110% above median its 10-year median of 2.96 and 95.3% below the Manufacturing - Apparel & Accessories industry median of 132.61. Piotex Industries' overall GF Score™ is 19/100 with 3 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 Piotex Industries (BOM:544178), the current Days Inventory is 6.22 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.

Piotex Industries Business Description

Address F/II Block, Plot No. 16/2, M.I.D.C., Pimpri, Pune, MH, IND, 411018
Piotex Industries Ltd is in business of contract manufacturing and trading of yarn, fabric and cotton bales. Its Products are used for various purposes such as garments & home furnishings, etc. The company is engaged mainly in activities: like Trading of Cotton Bales, Synthetic Fiber, Cotton Yarn and Fabric.
19GF Score

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

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