Adani Total Gas (NSE:ATGL) Days Inventory: 9.52 (As of Mar. 2026) — 26% Below Median


NSE:ATGL Adani Total Gas Ltd NSE:ATGL
91 GF Score
Price ₹733.45
GF Value ₹844.51
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Adani Total Gas Days Inventory?

Adani Total Gas NSE:ATGL -0.07% 91 Days Inventory is 9.52 as of Mar. 2026, which is 26% below its 10-year median of 12.83. GuruFocus rates NSE:ATGL with a GF Score™ of 91/100 and a GF Value™ of ₹844.51 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 450 Utilities - Regulated companies, Adani Total Gas ranks better than 71.78% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Adani Total Gas's Average Total Inventories for the three months ended in Mar. 2026 was ₹1,110 Mil. Adani Total Gas's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹10,635 Mil. Hence, Adani Total Gas's Days Inventory for the three months ended in Mar. 2026 was 9.52.

The historical rank and industry rank for Adani Total Gas's Days Inventory or its related term are showing as below:

NSE:ATGL' s Days Inventory Range Over the Past 10 Years
Min: 9.59   Med: 12.83   Max: 20.69
Current: 10.04

During the past 12 years, Adani Total Gas's highest Days Inventory was 20.69. The lowest was 9.59. And the median was 12.83.

NSE:ATGL's Days Inventory is ranked better than
71.78% of 450 companies
in the Utilities - Regulated industry
Industry Median: 22.52 vs NSE:ATGL: 10.04

Adani Total Gas's Days Inventory declined from Mar. 2025 (11.70) to Mar. 2026 (9.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. Adani Total Gas's Inventory Turnover for the three months ended in Mar. 2026 was 9.58.

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. Adani Total Gas's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.07.


Adani Total Gas  (NSE:ATGL) 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.

Adani Total Gas'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.

Adani Total Gas'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.


Adani Total Gas Days Inventory Related Terms


Adani Total Gas Days Inventory Historical Data

* Premium members only.

The historical data trend for Adani Total Gas'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.

Adani Total Gas Days Inventory Chart

Adani Total Gas 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 11.70 9.59 11.63 11.44 9.87

Adani Total Gas 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 11.70 11.33 9.68 9.32 9.52

NSE:ATGL vs ATO, NI, UGI: Days Inventory Comparison

For the Utilities - Regulated Gas subindustry, Adani Total Gas'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.


Adani Total Gas Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Adani Total Gas's Days Inventory distribution charts can be found below:

* The bar in red indicates where Adani Total Gas's Days Inventory falls into.


NSE:ATGL
91GF Score
Adani Total Gas Ltd NSE:ATGL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adani Total Gas Days Inventory Calculation

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

Adani Total Gas'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
=( (1156.6 + 1109.9) / 2 ) / 41909.3*365
=1133.25 / 41909.3*365
=9.87

Adani Total Gas'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 + 1109.9) / 1 ) / 10635.1*365 / 4
=1109.9 / 10635.1*365 / 4
=9.52

* 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 9.52 mean?
Adani Total Gas (NSE:ATGL) has a Days Inventory of 9.52 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Adani Total Gas and its competitors. This is 26% below median its historical median of 12.83. Over the past decade, Adani Total Gas' Days Inventory has ranged from 9.59 to 20.69. According to the industry distribution chart, Adani Total Gas ranks #127 out of 450 companies in the Utilities - Regulated industry, placing it in the top 28.2%.
Is Adani Total Gas' Days Inventory too high?
Adani Total Gas' current Days Inventory of 9.52 is 26% below median its 10-year median of 12.83. Over the past 10 years, this metric has ranged from a low of 9.59 to a high of 20.69. The Utilities - Regulated industry median Days Inventory is 22.52. Adani Total Gas' value of 9.52 is 57.7% below this industry median. Based on the distribution chart, Adani Total Gas ranks #127 out of 450 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Adani Total Gas has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adani Total Gas' Days Inventory compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Adani Total Gas ranks #127 out of 450 companies for Days Inventory. This puts Adani Total Gas in the upper half of its industry. The industry median Days Inventory is 22.52. Adani Total Gas' value of 9.52 is 57.7% below this benchmark. Historically, Adani Total Gas' own Days Inventory has ranged from 9.59 to 20.69 over the past decade. While the company's 10-year median is 12.83 vs. the industry median of 22.52, Adani Total Gas 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 an Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.52, based on 450 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. Adani Total Gas's current Days Inventory of 9.52 is 57.7% 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 Adani Total Gas and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Total Gas's current Days Inventory is 9.52, which is 26% below median its own 10-year median of 12.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Total Gas stock overvalued right now?
Based on GuruFocus' analysis, Adani Total Gas (NSE:ATGL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹844.51, compared to a current price of ₹733.45 — trading 13.2% below its estimated fair value. The current Days Inventory is 9.52, which is 26% below median its 10-year median of 12.83 and 57.7% below the Utilities - Regulated industry median of 22.52. Adani Total Gas' overall GF Score™ is 91/100 with 8 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 Adani Total Gas (NSE:ATGL), the current Days Inventory is 9.52 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.

Is Adani Total Gas (NSE:ATGL) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Total Gas stock appears to be undervalued. The current stock price of ₹733.45 is trading 13.2% below its estimated GF Value™ of ₹844.51. GuruFocus considers Adani Total Gas to be Modestly Undervalued.

Key valuation signals for NSE:ATGL:

  • Days Inventory: 9.52 (26% below median its 10-year median of 12.83)
  • GF Value™: ₹844.51 vs. price of ₹733.45 (13.2% below fair value)
  • GF Score™: 91/100 with 8 warning signs
  • Industry Position: 57.7% below the Utilities - Regulated median (#127 of 450)

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


Adani Total Gas Business Description

Other Exchanges 542066:India
Address S. G. Highway, Near Vaishno Devi Circle, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Total Gas Ltd is engaged in the City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial, and vehicle users. The company is exploring doing business in bio gas, bio fuel, bio mass, LCNG, HCNG, EV, Hydrogen, manufacturing of various equipment, and provision of value-added services relating to CGD business. It is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential), and Compressed Natural Gas (CNG) to the transport sector. Natural Gas is a convenient, reliable, and environmentally friendly fuel that allows consumers to enjoy a high level of safety, convenience, and economic efficiency. The Group has a single operating segment that is the sale of Natural Gas.
91GF Score

Get the complete analysis for NSE:ATGL

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

₹733.45
Price
₹844.51
GF Value