Solve Plastic Products (NSE:BALCO) Days Inventory: 97.10 (As of Sep. 2025) — 29% Above 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:BALCO Solve Plastic Products Ltd NSE:BALCO
7 GF Score
Price ₹19.85
! 2 Warning Signs
View Full Analysis

What is Solve Plastic Products Days Inventory?

Solve Plastic Products NSE:BALCO 7 Days Inventory is 97.10 as of Sep. 2025, which is 29% above its 10-year median of 75.11. GuruFocus rates NSE:BALCO with a GF Score™ of 7/100. The stock has 2 warning signs investors should review. Among 2,971 Industrial Products companies, Solve Plastic Products ranks better than 66.71% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Solve Plastic Products's Average Total Inventories for the six months ended in Sep. 2025 was ₹68.9 Mil. Solve Plastic Products's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹129.5 Mil. Hence, Solve Plastic Products's Days Inventory for the six months ended in Sep. 2025 was 97.10.

The historical rank and industry rank for Solve Plastic Products's Days Inventory or its related term are showing as below:

NSE:BALCO' s Days Inventory Range Over the Past 10 Years
Min: 48.93   Med: 75.11   Max: 90.65
Current: 90.65

During the past 5 years, Solve Plastic Products's highest Days Inventory was 90.65. The lowest was 48.93. And the median was 75.11.

NSE:BALCO's Days Inventory is ranked better than
66.71% of 2971 companies
in the Industrial Products industry
Industry Median: 119.96 vs NSE:BALCO: 90.65

Solve Plastic Products's Days Inventory increased from Sep. 2024 (95.25) to Sep. 2025 (97.10). It might indicate that Solve Plastic Products's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Solve Plastic Products's Inventory Turnover for the six months ended in Sep. 2025 was 1.88.

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. Solve Plastic Products's Inventory-to-Revenue for the six months ended in Sep. 2025 was 0.32.


Solve Plastic Products  (NSE:BALCO) 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.

Solve Plastic Products's Inventory Turnover for the six months ended in Sep. 2025 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.

Solve Plastic Products's Inventory to Revenue for the six months ended in Sep. 2025 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.


Solve Plastic Products Days Inventory Related Terms


Solve Plastic Products Days Inventory Historical Data

* Premium members only.

The historical data trend for Solve Plastic Products'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.

Solve Plastic Products Days Inventory Chart

Solve Plastic Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory
75.11 51.45 48.93 85.92 83.90

Solve Plastic Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Days Inventory Get a 7-Day Free Trial 77.20 95.38 95.25 79.24 97.10

NSE:BALCO vs VRT, BE: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, Solve Plastic Products'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.


Solve Plastic Products Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solve Plastic Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Solve Plastic Products's Days Inventory falls into.


NSE:BALCO
7GF Score
Solve Plastic Products Ltd NSE:BALCO
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solve Plastic Products Days Inventory Calculation

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

Solve Plastic Products's Days Inventory for the fiscal year that ended in Mar. 2025 is calculated as

Days Inventory (A: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (76.163 + 60.286) / 2 ) / 296.808*365
=68.2245 / 296.808*365
=83.90

Solve Plastic Products's Days Inventory for the quarter that ended in Sep. 2025 is calculated as:

Days Inventory (Q: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2025 ) + Total Inventories (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (60.286 + 77.505) / 2 ) / 129.483*365 / 2
=68.8955 / 129.483*365 / 2
=97.10

* 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 97.10 mean?
Solve Plastic Products (NSE:BALCO) has a Days Inventory of 97.10 as of Sep. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Solve Plastic Products and its competitors. This is 29% above median its historical median of 75.11. Over the past decade, Solve Plastic Products' Days Inventory has ranged from 48.93 to 90.65. According to the industry distribution chart, Solve Plastic Products ranks #989 out of 2971 companies in the Industrial Products industry, placing it in the top 33.3%.
Is Solve Plastic Products' Days Inventory too high?
Solve Plastic Products' current Days Inventory of 97.10 is 29% above median its 10-year median of 75.11. Over the past 10 years, this metric has ranged from a low of 48.93 to a high of 90.65. The Industrial Products industry median Days Inventory is 119.96. Solve Plastic Products' value of 97.10 is 19.1% below this industry median. Based on the distribution chart, Solve Plastic Products ranks #989 out of 2971 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Solve Plastic Products has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' Days Inventory compare to VRT and BE?
According to the Industrial Products industry distribution chart, Solve Plastic Products ranks #989 out of 2971 companies for Days Inventory. This puts Solve Plastic Products in the upper half of its industry. The industry median Days Inventory is 119.96. Solve Plastic Products' value of 97.10 is 19.1% below this benchmark. Historically, Solve Plastic Products' own Days Inventory has ranged from 48.93 to 90.65 over the past decade. While the company's 10-year median is 75.11 vs. the industry median of 119.96, Solve Plastic Products 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 Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.96, based on 2,971 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. Solve Plastic Products's current Days Inventory of 97.10 is 19.1% 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 Solve Plastic Products and its competitors. For the Industrial Products industry, the median Days Inventory is 119.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solve Plastic Products's current Days Inventory is 97.10, which is 29% above median its own 10-year median of 75.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current Days Inventory of 97.10. The current Days Inventory is 97.10, which is 29% above median its 10-year median of 75.11 and 19.1% below the Industrial Products industry median of 119.96. Solve Plastic Products' overall GF Score™ is 7/100 with 2 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 Solve Plastic Products (NSE:BALCO), the current Days Inventory is 97.10 as of Sep. 2025. 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.

Solve Plastic Products Business Description

Address Powerhouse Ward, 2nd Floor, BALCO Building, XXIX/456, Tholicode, Pathanapuram, Kollam, KL, IND, 691333
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
7GF Score

Get the complete analysis for NSE:BALCO

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

₹19.85
Price