Nishat MillsKAR:NML +1.13%73 Days Inventory is 156.73 as of Mar. 2026, which is 35% above its 10-year median of 116.41. GuruFocus rates KAR:NML with a GF Score™ of 73/100 and a GF Value™ of ₨78.69 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,002 Manufacturing - Apparel & Accessories companies, Nishat Mills ranks worse than 60.88% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Nishat Mills's Average Total Inventories for the
three
months ended in Mar. 2026 was ₨81,295 Mil. Nishat Mills's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₨47,332 Mil.
Hence, Nishat Mills's Days Inventory for the
three
months ended in Mar. 2026 was 156.73.
The historical rank and industry rank for Nishat Mills's Days Inventory or its related term are showing as below:
KAR:NML'
s Days Inventory Range Over the Past 10 Years
Min: 103.02 Med: 116.41 Max: 162.27
Current: 162.27
During the past 13 years, Nishat Mills's highest Days Inventory was 162.27. The lowest was 103.02. And the median was 116.41.
KAR:NML's Days Inventory is ranked worse than 60.88% of 1002
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.61
vs KAR:NML: 162.27
Nishat Mills's Days Inventory
declined
from Mar. 2025 (166.30) to Mar. 2026 (156.73).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nishat Mills's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.58.
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.
Nishat Mills's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.50.
Nishat Mills (KAR:NML) 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.
Nishat Mills'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.
Nishat Mills'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.
Nishat Mills Days Inventory Related Terms
Nishat Mills Days Inventory Historical Data
* Premium members only.
The historical data trend for Nishat Mills'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.
For the Textile Manufacturing subindustry, Nishat Mills'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.
Nishat Mills Days Inventory vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nishat Mills's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nishat Mills's Days Inventory falls into.
* 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.
Nishat Mills (KAR:NML) has a Days Inventory of 156.73 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nishat Mills and its competitors. This is 35% above median its historical median of 116.41. Over the past decade, Nishat Mills' Days Inventory has ranged from 103.02 to 162.27. According to the industry distribution chart, Nishat Mills ranks #610 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.9%.
Is Nishat Mills' Days Inventory too high?
Nishat Mills' current Days Inventory of 156.73 is 35% above median its 10-year median of 116.41. Over the past 10 years, this metric has ranged from a low of 103.02 to a high of 162.27. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.61. Nishat Mills' value of 156.73 is 18.2% above this industry median. Based on the distribution chart, Nishat Mills ranks #610 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Nishat Mills has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Mills' Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nishat Mills ranks #610 out of 1002 companies for Days Inventory. This places Nishat Mills in the lower half of its industry. The industry median Days Inventory is 132.61. Nishat Mills' value of 156.73 is 18.2% above this benchmark. Historically, Nishat Mills' own Days Inventory has ranged from 103.02 to 162.27 over the past decade. While the company's 10-year median is 116.41 vs. the industry median of 132.61, Nishat Mills 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.61, based on 1,002 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. Nishat Mills's current Days Inventory of 156.73 is 18.2% 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 Nishat Mills 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. Nishat Mills's current Days Inventory is 156.73, which is 35% above median its own 10-year median of 116.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Mills stock overvalued right now?
Based on GuruFocus' analysis, Nishat Mills (KAR:NML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨78.69, compared to a current price of ₨164.40 — trading 108.9% above its estimated fair value. The current Days Inventory is 156.73, which is 35% above median its 10-year median of 116.41 and 18.2% above the Manufacturing - Apparel & Accessories industry median of 132.61. Nishat Mills' overall GF Score™ is 73/100 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 Nishat Mills (KAR:NML), the current Days Inventory is 156.73 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 Nishat Mills (KAR:NML) Overvalued in 2026?
Based on GuruFocus' analysis, Nishat Mills stock appears to be overvalued.
The current stock price of ₨164.40 is trading 108.9% above its estimated GF Value™ of ₨78.69.
GuruFocus considers Nishat Mills to be Significantly Overvalued.
Key valuation signals for KAR:NML:
Days Inventory: 156.73 (35% above median its 10-year median of 116.41)
GF Value™: ₨78.69 vs. price of ₨164.40 (108.9% above fair value)
Industry Position: 18.2% above the Manufacturing - Apparel & Accessories median (#610 of 1002)
No single metric tells the full story. See the KAR:NML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nishat Mills Ltd is engaged in the business of textile manufacturing and of spinning, combing, weaving, bleaching, dyeing, printing, stitching, apparel, buying, selling and otherwise dealing in yarn, linen, cloth and other goods and fabrics made from raw cotton, synthetic fibre and cloth and to generate, accumulate, distribute, supply and sell electricity. The company's segments are Spinning, Weaving, Dyeing, Denim, Workwear, Home Textile and Terry, Garments and Power Generation. It derives the majority of the revenue from Spinning segment that produces different quality of yarn including dyed yarn and sewing thread using natural and artificial fibres. Geographically it operates in Europe, America, Asia, Africa and Australia, and Pakistan.
73GF Score
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