Bharat Petroleum (NSE:BPCL) Days Inventory: 49.19 (As of Mar. 2026) — 29% Above Median

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NSE:BPCL Bharat Petroleum Corp Ltd NSE:BPCL
83 GF Score
Price ₹307.55
GF Value ₹328.75
Valuation Fairly Valued
! 4 Warning Signs
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What is Bharat Petroleum Days Inventory?

Bharat Petroleum NSE:BPCL -0.71% 83 Days Inventory is 49.19 as of Mar. 2026, which is 29% above its 10-year median of 38.13. GuruFocus rates NSE:BPCL with a GF Score™ of 83/100 and a GF Value™ of ₹328.75 (Fairly Valued). The stock has 4 warning signs investors should review. Among 685 Oil & Gas companies, Bharat Petroleum ranks worse than 64.09% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Bharat Petroleum's Average Total Inventories for the three months ended in Mar. 2026 was ₹533,040 Mil. Bharat Petroleum's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹988,787 Mil. Hence, Bharat Petroleum's Days Inventory for the three months ended in Mar. 2026 was 49.19.

The historical rank and industry rank for Bharat Petroleum's Days Inventory or its related term are showing as below:

NSE:BPCL' s Days Inventory Range Over the Past 10 Years
Min: 30.88   Med: 38.13   Max: 46.48
Current: 45.27

During the past 13 years, Bharat Petroleum's highest Days Inventory was 46.48. The lowest was 30.88. And the median was 38.13.

NSE:BPCL's Days Inventory is ranked worse than
64.09% of 685 companies
in the Oil & Gas industry
Industry Median: 30.99 vs NSE:BPCL: 45.27

Bharat Petroleum's Days Inventory increased from Mar. 2025 (42.40) to Mar. 2026 (49.19). It might indicate that Bharat Petroleum's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bharat Petroleum's Inventory Turnover for the three months ended in Mar. 2026 was 1.85.

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. Bharat Petroleum's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.45.


Bharat Petroleum  (NSE:BPCL) 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.

Bharat Petroleum'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.

Bharat Petroleum'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.


Bharat Petroleum Days Inventory Related Terms


Bharat Petroleum Days Inventory Historical Data

* Premium members only.

The historical data trend for Bharat Petroleum'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.

Bharat Petroleum Days Inventory Chart

Bharat Petroleum 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 40.04 32.85 37.94 40.96 46.48

Bharat Petroleum 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 42.40 42.28 46.56 40.91 49.19

NSE:BPCL vs VLO, MPC, PSX: Days Inventory Comparison

For the Oil & Gas Refining & Marketing subindustry, Bharat Petroleum'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.


Bharat Petroleum Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bharat Petroleum's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bharat Petroleum's Days Inventory falls into.


NSE:BPCL
83GF Score
Bharat Petroleum Corp Ltd NSE:BPCL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Petroleum Days Inventory Calculation

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

Bharat Petroleum'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
=( (452651.9 + 533039.5) / 2 ) / 3870422.8*365
=492845.7 / 3870422.8*365
=46.48

Bharat Petroleum'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 + 533039.5) / 1 ) / 988786.9*365 / 4
=533039.5 / 988786.9*365 / 4
=49.19

* 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 49.19 mean?
Bharat Petroleum (NSE:BPCL) has a Days Inventory of 49.19 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Bharat Petroleum and its competitors. This is 29% above median its historical median of 38.13. Over the past decade, Bharat Petroleum's Days Inventory has ranged from 30.88 to 46.48. According to the industry distribution chart, Bharat Petroleum ranks #439 out of 685 companies in the Oil & Gas industry, placing it in the top 64.1%.
Is Bharat Petroleum's Days Inventory too high?
Bharat Petroleum's current Days Inventory of 49.19 is 29% above median its 10-year median of 38.13. Over the past 10 years, this metric has ranged from a low of 30.88 to a high of 46.48. The Oil & Gas industry median Days Inventory is 30.99. Bharat Petroleum's value of 49.19 is 58.7% above this industry median. Based on the distribution chart, Bharat Petroleum ranks #439 out of 685 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Bharat Petroleum has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Petroleum's Days Inventory compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Bharat Petroleum ranks #439 out of 685 companies for Days Inventory. This places Bharat Petroleum in the lower half of its industry. The industry median Days Inventory is 30.99. Bharat Petroleum's value of 49.19 is 58.7% above this benchmark. Historically, Bharat Petroleum's own Days Inventory has ranged from 30.88 to 46.48 over the past decade. While the company's 10-year median is 38.13 vs. the industry median of 30.99, Bharat Petroleum 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 an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 30.99, based on 685 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. Bharat Petroleum's current Days Inventory of 49.19 is 58.7% 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 Bharat Petroleum and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Petroleum's current Days Inventory is 49.19, which is 29% above median its own 10-year median of 38.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Bharat Petroleum (NSE:BPCL) is currently considered Fairly Valued. The stock's GF Value™ is ₹328.75, compared to a current price of ₹307.55 — trading 6.4% below its estimated fair value. The current Days Inventory is 49.19, which is 29% above median its 10-year median of 38.13 and 58.7% above the Oil & Gas industry median of 30.99. Bharat Petroleum's overall GF Score™ is 83/100 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 Bharat Petroleum (NSE:BPCL), the current Days Inventory is 49.19 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 Bharat Petroleum (NSE:BPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Petroleum stock appears to be undervalued. The current stock price of ₹307.55 is trading 6.4% below its estimated GF Value™ of ₹328.75. GuruFocus considers Bharat Petroleum to be Fairly Valued.

Key valuation signals for NSE:BPCL:

  • Days Inventory: 49.19 (29% above median its 10-year median of 38.13)
  • GF Value™: ₹328.75 vs. price of ₹307.55 (6.4% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 58.7% above the Oil & Gas median (#439 of 685)

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


Bharat Petroleum Business Description

Industry EnergyOil & Gas
Other Exchanges 500547:India
Address 4 and 6 Currimbhoy Road, Bharat Bhavan, P.O. Box No. 668, Ballard Estate, Mumbai, MH, IND, 400001
Bharat Petroleum Corp Ltd operates several refineries in India, while also marketing and distributing petroleum by-products. Operations are divided into the following reportable segments: Downstream Petroleum, and Exploration and Production of Hydrocarbons. Downstream Petroleum operations which generate the majority of its revenue, include the refineries that produce liquefied petroleum gas, aromatics, kerosene, fuel oil, furnace oil, and bitumen. Bharat's petroleum by-products are often commanded by consumers in aviation, autos, maritime, and many other industrial segments. The Downstream Petroleum operations also include the network of retail service stations across India. Geographically, the company derives a majority of its revenue from India and the rest from other countries.
83GF Score

Get the complete analysis for NSE:BPCL

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

₹307.55
Price
₹328.75
GF Value