Classic Electrodes (India)NSE:CLASSICEIL +1.11%15 Days Inventory is 69.94 as of Mar. 2026, which is 9% above its 10-year median of 63.88. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 15/100. Among 2,967 Industrial Products companies, Classic Electrodes (India) ranks better than 79.47% on this metric.
The historical rank and industry rank for Classic Electrodes (India)'s Days Inventory or its related term are showing as below:
NSE:CLASSICEIL'
s Days Inventory Range Over the Past 10 Years
Min: 56.51 Med: 63.88 Max: 68.8
Current: 68.8
During the past 5 years, Classic Electrodes (India)'s highest Days Inventory was 68.80. The lowest was 56.51. And the median was 63.88.
NSE:CLASSICEIL's Days Inventory is ranked better than 79.47% of 2967
companies
in the Industrial Products industry
Industry Median: 119.47
vs NSE:CLASSICEIL: 68.80
Inventory Turnover measures how fast the company turns over its inventory within a year.
Classic Electrodes (India)'s Inventory Turnover for the
six
months ended in Mar. 2026 was 2.61.
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.
Classic Electrodes (India)'s Inventory-to-Revenue for the
six
months ended in Mar. 2026 was 0.33.
Classic Electrodes (India) (NSE:CLASSICEIL) 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.
Classic Electrodes (India)'s Inventory Turnover for the
six
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.
Classic Electrodes (India)'s Inventory to Revenue for the
six
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.
Classic Electrodes (India) Days Inventory Related Terms
Classic Electrodes (India) Days Inventory Historical Data
* 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:CLASSICEIL vs VRT, BE: Days Inventory Comparison
For the Electrical Equipment & Parts subindustry, Classic Electrodes (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.
Classic Electrodes (India) Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Days Inventory distribution charts can be found below:
* The bar in red indicates where Classic Electrodes (India)'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.
Classic Electrodes (India) (NSE:CLASSICEIL) has a Days Inventory of 69.94 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Classic Electrodes (India) and its competitors. This is near median its historical median of 63.88. Over the past decade, Classic Electrodes (India)'s Days Inventory has ranged from 56.51 to 68.80. According to the industry distribution chart, Classic Electrodes (India) ranks #609 out of 2967 companies in the Industrial Products industry, placing it in the top 20.5%.
Is Classic Electrodes (India)'s Days Inventory too high?
Classic Electrodes (India)'s current Days Inventory of 69.94 is near median its 10-year median of 63.88. Over the past 10 years, this metric has ranged from a low of 56.51 to a high of 68.80. The Industrial Products industry median Days Inventory is 119.47. Classic Electrodes (India)'s value of 69.94 is 41.5% below this industry median. Based on the distribution chart, Classic Electrodes (India) ranks #609 out of 2967 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Days Inventory compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #609 out of 2967 companies for Days Inventory. This places Classic Electrodes (India) in the top 21% of its industry — outperforming the majority of peers. The industry median Days Inventory is 119.47. Classic Electrodes (India)'s value of 69.94 is 41.5% below this benchmark. Historically, Classic Electrodes (India)'s own Days Inventory has ranged from 56.51 to 68.80 over the past decade. While the company's 10-year median is 63.88 vs. the industry median of 119.47, Classic Electrodes (India) 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 119.47, based on 2,967 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. Classic Electrodes (India)'s current Days Inventory of 69.94 is 41.5% 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 Classic Electrodes (India) and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current Days Inventory is 69.94, which is near median its own 10-year median of 63.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Days Inventory of 69.94. The current Days Inventory is 69.94, which is near median its 10-year median of 63.88 and 41.5% below the Industrial Products industry median of 119.47. Classic Electrodes (India)'s overall GF Score™ is 15/100. 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current Days Inventory is 69.94 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.
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
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