Asian Granito India (NSE:ASIANTILES) Days Inventory: 70.87 (As of Mar. 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ASIANTILES Asian Granito India Ltd NSE:ASIANTILES
60 GF Score
Price ₹48.86
GF Value ₹31.79
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Asian Granito India Days Inventory?

Asian Granito India NSE:ASIANTILES +0.89% 60 Days Inventory is 70.87 as of Mar. 2026, which is 35% below its 10-year median of 108.76. GuruFocus rates NSE:ASIANTILES with a GF Score™ of 60/100 and a GF Value™ of ₹31.79 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,488 Construction companies, Asian Granito India ranks worse than 68.95% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Asian Granito India's Average Total Inventories for the three months ended in Mar. 2026 was ₹3,423 Mil. Asian Granito India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,407 Mil. Hence, Asian Granito India's Days Inventory for the three months ended in Mar. 2026 was 70.87.

The historical rank and industry rank for Asian Granito India's Days Inventory or its related term are showing as below:

NSE:ASIANTILES' s Days Inventory Range Over the Past 10 Years
Min: 77.78   Med: 108.76   Max: 128.01
Current: 100.8

During the past 13 years, Asian Granito India's highest Days Inventory was 128.01. The lowest was 77.78. And the median was 108.76.

NSE:ASIANTILES's Days Inventory is ranked worse than
68.95% of 1488 companies
in the Construction industry
Industry Median: 49.76 vs NSE:ASIANTILES: 100.80

Asian Granito India's Days Inventory increased from Mar. 2025 (65.93) to Mar. 2026 (70.87). It might indicate that Asian Granito India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asian Granito India's Inventory Turnover for the three months ended in Mar. 2026 was 1.29.

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. Asian Granito India's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.64.


Asian Granito India  (NSE:ASIANTILES) 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.

Asian Granito India'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.

Asian Granito India'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.


Asian Granito India Days Inventory Related Terms


Asian Granito India Days Inventory Historical Data

* Premium members only.

The historical data trend for Asian Granito 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.

Asian Granito India Days Inventory Chart

Asian Granito India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.25 79.14 77.78 80.90 83.36

Asian Granito India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.93 111.36 133.07 119.18 70.87

NSE:ASIANTILES vs TT, JCI, CARR: Days Inventory Comparison

For the Building Products & Equipment subindustry, Asian Granito 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.


Asian Granito India Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Asian Granito India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Asian Granito India's Days Inventory falls into.


NSE:ASIANTILES
60GF Score
Asian Granito India Ltd NSE:ASIANTILES
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Granito India Days Inventory Calculation

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

Asian Granito 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
=( (2831.664 + 3423.135) / 2 ) / 13694.273*365
=3127.3995 / 13694.273*365
=83.36

Asian Granito 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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 3423.135) / 1 ) / 4407.472*365 / 4
=3423.135 / 4407.472*365 / 4
=70.87

* 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 70.87 mean?
Asian Granito India (NSE:ASIANTILES) has a Days Inventory of 70.87 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Asian Granito India and its competitors. This is 35% below median its historical median of 108.76. Over the past decade, Asian Granito India's Days Inventory has ranged from 77.78 to 128.01. According to the industry distribution chart, Asian Granito India ranks #1026 out of 1488 companies in the Construction industry, placing it in the top 69%.
Is Asian Granito India's Days Inventory too high?
Asian Granito India's current Days Inventory of 70.87 is 35% below median its 10-year median of 108.76. Over the past 10 years, this metric has ranged from a low of 77.78 to a high of 128.01. The Construction industry median Days Inventory is 49.76. Asian Granito India's value of 70.87 is 42.4% above this industry median. Based on the distribution chart, Asian Granito India ranks #1026 out of 1488 companies in the Construction industry, which is below the industry midpoint. Overall, Asian Granito India has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asian Granito India's Days Inventory compare to TT and JCI?
According to the Construction industry distribution chart, Asian Granito India ranks #1026 out of 1488 companies for Days Inventory. This places Asian Granito India in the lower half of its industry. The industry median Days Inventory is 49.76. Asian Granito India's value of 70.87 is 42.4% above this benchmark. Historically, Asian Granito India's own Days Inventory has ranged from 77.78 to 128.01 over the past decade. While the company's 10-year median is 108.76 vs. the industry median of 49.76, Asian Granito India 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 Construction company?
The median Days Inventory among Construction companies is 49.76, based on 1,488 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. Asian Granito India's current Days Inventory of 70.87 is 42.4% 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 Asian Granito India and its competitors. For the Construction industry, the median Days Inventory is 49.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Granito India's current Days Inventory is 70.87, which is 35% below median its own 10-year median of 108.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Granito India stock overvalued right now?
Based on GuruFocus' analysis, Asian Granito India (NSE:ASIANTILES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹31.79, compared to a current price of ₹48.86 — trading 53.7% above its estimated fair value. The current Days Inventory is 70.87, which is 35% below median its 10-year median of 108.76 and 42.4% above the Construction industry median of 49.76. Asian Granito India's overall GF Score™ is 60/100 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 Asian Granito India (NSE:ASIANTILES), the current Days Inventory is 70.87 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 Asian Granito India (NSE:ASIANTILES) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Granito India stock appears to be overvalued. The current stock price of ₹48.86 is trading 53.7% above its estimated GF Value™ of ₹31.79. GuruFocus considers Asian Granito India to be Significantly Overvalued.

Key valuation signals for NSE:ASIANTILES:

  • Days Inventory: 70.87 (35% below median its 10-year median of 108.76)
  • GF Value™: ₹31.79 vs. price of ₹48.86 (53.7% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 42.4% above the Construction median (#1026 of 1488)

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


Asian Granito India Business Description

Other Exchanges 532888:India
Address S.G. Highway, 202, Dev Arc, Opposite Iskon Temple, Ahmedabad, GJ, IND, 380015
Asian Granito India Ltd is engaged in the manufacturing and selling of wall and floor tiles. The company's product portfolio includes vitrified tiles, ceramic wall tiles, marble stones, grestek, crystal collection, aquart, and quartz stones, where some are exported to various countries such as the United States, Africa, the Gulf, and the Middle East countries. The company has only two reportable segments, which are Tiles & Others and Marble & Quartz. The firm's majority revenue is generated through sales in the Indian market.
60GF Score

Get the complete analysis for NSE:ASIANTILES

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

₹48.86
Price
₹31.79
GF Value