GRE Renew Enertech (BOM:544682) Days Inventory: 23.52 (As of Mar. 2026) — 19% Below Median

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BOM:544682 GRE Renew Enertech Ltd BOM:544682
21 GF Score
Price ₹177.65
! 4 Warning Signs
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What is GRE Renew Enertech Days Inventory?

GRE Renew Enertech BOM:544682 -5.00% 21 Days Inventory is 23.52 as of Mar. 2026, which is 19% below its 10-year median of 29.08. GuruFocus rates BOM:544682 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 982 Semiconductors companies, GRE Renew Enertech ranks better than 92.26% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). GRE Renew Enertech's Average Total Inventories for the six months ended in Mar. 2026 was ₹69 Mil. GRE Renew Enertech's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹539 Mil. Hence, GRE Renew Enertech's Days Inventory for the six months ended in Mar. 2026 was 23.52.

The historical rank and industry rank for GRE Renew Enertech's Days Inventory or its related term are showing as below:

BOM:544682' s Days Inventory Range Over the Past 10 Years
Min: 21.91   Med: 29.08   Max: 34.52
Current: 24.87

During the past 4 years, GRE Renew Enertech's highest Days Inventory was 34.52. The lowest was 21.91. And the median was 29.08.

BOM:544682's Days Inventory is ranked better than
92.26% of 982 companies
in the Semiconductors industry
Industry Median: 112.535 vs BOM:544682: 24.87

GRE Renew Enertech's Days Inventory declined from Mar. 2025 (25.01) to Mar. 2026 (23.52).

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. GRE Renew Enertech's Inventory Turnover for the six months ended in Mar. 2026 was 7.76.

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. GRE Renew Enertech's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.09.


GRE Renew Enertech  (BOM:544682) 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.

GRE Renew Enertech'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.

GRE Renew Enertech'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.


GRE Renew Enertech Days Inventory Related Terms


GRE Renew Enertech Days Inventory Historical Data

* Premium members only.

The historical data trend for GRE Renew Enertech'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.

GRE Renew Enertech Days Inventory Chart

GRE Renew Enertech Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Inventory
32.35 21.91 25.81 34.52

GRE Renew Enertech Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Days Inventory 0.00 0.00 25.01 17.28 23.52

BOM:544682 vs FSLR, NXT, ENPH: Days Inventory Comparison

For the Solar subindustry, GRE Renew Enertech'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.


GRE Renew Enertech Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, GRE Renew Enertech's Days Inventory distribution charts can be found below:

* The bar in red indicates where GRE Renew Enertech's Days Inventory falls into.


BOM:544682
21GF Score
GRE Renew Enertech Ltd BOM:544682
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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GRE Renew Enertech Days Inventory Calculation

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

GRE Renew Enertech'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
=( (42.088 + 115.296) / 2 ) / 831.955*365
=78.692 / 831.955*365
=34.52

GRE Renew Enertech'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
=( (23.589 + 115.296) / 2 ) / 538.745*365 / 2
=69.4425 / 538.745*365 / 2
=23.52

* 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 23.52 mean?
GRE Renew Enertech (BOM:544682) has a Days Inventory of 23.52 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on GRE Renew Enertech and its competitors. This is 19% below median its historical median of 29.08. Over the past decade, GRE Renew Enertech's Days Inventory has ranged from 21.91 to 34.52. According to the industry distribution chart, GRE Renew Enertech ranks #76 out of 982 companies in the Semiconductors industry, placing it in the top 7.7%.
Is GRE Renew Enertech's Days Inventory too high?
GRE Renew Enertech's current Days Inventory of 23.52 is 19% below median its 10-year median of 29.08. Over the past 10 years, this metric has ranged from a low of 21.91 to a high of 34.52. The Semiconductors industry median Days Inventory is 112.54. GRE Renew Enertech's value of 23.52 is 79.1% below this industry median. Based on the distribution chart, GRE Renew Enertech ranks #76 out of 982 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, GRE Renew Enertech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does GRE Renew Enertech's Days Inventory compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, GRE Renew Enertech ranks #76 out of 982 companies for Days Inventory. This places GRE Renew Enertech in the top 8% of its industry — outperforming the majority of peers. The industry median Days Inventory is 112.54. GRE Renew Enertech's value of 23.52 is 79.1% below this benchmark. Historically, GRE Renew Enertech's own Days Inventory has ranged from 21.91 to 34.52 over the past decade. While the company's 10-year median is 29.08 vs. the industry median of 112.54, GRE Renew Enertech 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 Semiconductors company?
The median Days Inventory among Semiconductors companies is 112.54, based on 982 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. GRE Renew Enertech's current Days Inventory of 23.52 is 79.1% 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 GRE Renew Enertech and its competitors. For the Semiconductors industry, the median Days Inventory is 112.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GRE Renew Enertech's current Days Inventory is 23.52, which is 19% below median its own 10-year median of 29.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRE Renew Enertech stock overvalued right now?
GRE Renew Enertech (BOM:544682) has a current Days Inventory of 23.52. The current Days Inventory is 23.52, which is 19% below median its 10-year median of 29.08 and 79.1% below the Semiconductors industry median of 112.54. GRE Renew Enertech's overall GF Score™ is 21/100 with 4 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 GRE Renew Enertech (BOM:544682), the current Days Inventory is 23.52 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.

GRE Renew Enertech Business Description

Address Science City Road, B-1104/1105, Empire Business Hub, Near Shukan Mall, Sola, Ahmedabad, GJ, IND, 380060
GRE Renew Enertech Ltd is engaged in the manufacturing of LED products, solar power generation systems, and power products. The Company provides on-site solar energy solutions, including rooftop and ground-mounted installations. It operates in two reportable segments: Capital Expenditure (CAPEX), which includes engineering, procurement, construction, and operation of solar projects, and Renewable Energy Service Company (RESCO), under which the Company finances, owns, and operates solar projects and supplies electricity to users at an agreed tariff over a defined period. The Company generates the majority of its revenue from solar services.
21GF Score

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

₹177.65
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