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.
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.
CeatNSE:CEATLTD -0.48%87 Days Inventory is 57.02 as of Jun. 2026, which is 24% below its 10-year median of 74.89. GuruFocus rates NSE:CEATLTD with a GF Score™ of 87/100 and a GF Value™ of ₹3,984.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,289 Vehicles & Parts companies, Ceat ranks better than 67.34% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Ceat's Average Total Inventories for the
three
months ended in Jun. 2026 was ₹17,834 Mil. Ceat's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ₹28,540 Mil.
Hence, Ceat's Days Inventory for the
three
months ended in Jun. 2026 was 57.02.
The historical rank and industry rank for Ceat's Days Inventory or its related term are showing as below:
NSE:CEATLTD'
s Days Inventory Range Over the Past 10 Years
Min: 56.07 Med: 74.89 Max: 88.63
Current: 61.48
During the past 13 years, Ceat's highest Days Inventory was 88.63. The lowest was 56.07. And the median was 74.89.
NSE:CEATLTD's Days Inventory is ranked better than 67.34% of 1289
companies
in the Vehicles & Parts industry
Industry Median: 80.53
vs NSE:CEATLTD: 61.48
Ceat's Days Inventory
declined
from Jun. 2025 (57.73) to Jun. 2026 (57.02).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ceat's Inventory Turnover for the
three
months ended in Jun. 2026 was 1.60.
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.
Ceat's Inventory-to-Revenue for the
three
months ended in Jun. 2026 was 0.41.
Ceat (NSE:CEATLTD) 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.
Ceat's Inventory Turnover for the
three
months ended in Jun. 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.
Ceat's Inventory to Revenue for the
three
months ended in Jun. 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.
Ceat Days Inventory Related Terms
Ceat Days Inventory Historical Data
* Premium members only.
The historical data trend for Ceat'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.
NSE:CEATLTD vs ORLY, AZO: Days Inventory Comparison
For the Auto Parts subindustry, Ceat'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.
Ceat Days Inventory vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Ceat's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ceat'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.
Ceat (NSE:CEATLTD) has a Days Inventory of 57.02 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ceat and its competitors. This is 24% below median its historical median of 74.89. Over the past decade, Ceat's Days Inventory has ranged from 56.07 to 88.63. According to the industry distribution chart, Ceat ranks #421 out of 1289 companies in the Vehicles & Parts industry, placing it in the top 32.7%.
Is Ceat's Days Inventory too high?
Ceat's current Days Inventory of 57.02 is 24% below median its 10-year median of 74.89. Over the past 10 years, this metric has ranged from a low of 56.07 to a high of 88.63. The Vehicles & Parts industry median Days Inventory is 80.53. Ceat's value of 57.02 is 29.2% below this industry median. Based on the distribution chart, Ceat ranks #421 out of 1289 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Ceat has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ceat's Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Ceat ranks #421 out of 1289 companies for Days Inventory. This puts Ceat in the upper half of its industry. The industry median Days Inventory is 80.53. Ceat's value of 57.02 is 29.2% below this benchmark. Historically, Ceat's own Days Inventory has ranged from 56.07 to 88.63 over the past decade. While the company's 10-year median is 74.89 vs. the industry median of 80.53, Ceat 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 a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.53, based on 1,289 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. Ceat's current Days Inventory of 57.02 is 29.2% 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 Ceat and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceat's current Days Inventory is 57.02, which is 24% below median its own 10-year median of 74.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceat stock overvalued right now?
Based on GuruFocus' analysis, Ceat (NSE:CEATLTD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,984.57, compared to a current price of ₹3,328.60 — trading 16.5% below its estimated fair value. The current Days Inventory is 57.02, which is 24% below median its 10-year median of 74.89 and 29.2% below the Vehicles & Parts industry median of 80.53. Ceat's overall GF Score™ is 87/100 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 Ceat (NSE:CEATLTD), the current Days Inventory is 57.02 as of Jun. 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 Ceat (NSE:CEATLTD) Overvalued in 2026?
Based on GuruFocus' analysis, Ceat stock appears to be undervalued.
The current stock price of ₹3,328.60 is trading 16.5% below its estimated GF Value™ of ₹3,984.57.
GuruFocus considers Ceat to be Modestly Undervalued.
Key valuation signals for NSE:CEATLTD:
Days Inventory: 57.02 (24% below median its 10-year median of 74.89)
GF Value™: ₹3,984.57 vs. price of ₹3,328.60 (16.5% below fair value)
Industry Position: 29.2% below the Vehicles & Parts median (#421 of 1289)
No single metric tells the full story. See the NSE:CEATLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ceat Ltd is a tyre manufacturer that operates within the RPG Group. It is engaged in the manufacturing and selling of automotive tyres, tubes, and flaps and has a diverse product portfolio encompassing truck tyres, tyres for off-the-road (OTR) vehicles, and light commercial vehicle categories. Tyres are built to meet a range of specifications, such as ride comfort and low noise for European regulation requirements, in addition to builds that permit higher life targets for more industrial use. Geographically, the company generates a majority of its revenue within India and also caters to international markets.
87GF Score
Get the complete analysis for NSE:CEATLTD
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CEATLTD has been successfully added to your 
