Creative Newtech (NSE:CNL) Days Inventory: 23.60 (As of Mar. 2026) — 23% Below Median

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NSE:CNL Creative Newtech Ltd NSE:CNL
95 GF Score
Price ₹903.95
GF Value ₹963.35
Valuation Fairly Valued
! 9 Warning Signs
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What is Creative Newtech Days Inventory?

Creative Newtech NSE:CNL +0.93% 95 Days Inventory is 23.60 as of Mar. 2026, which is 23% below its 10-year median of 30.81. GuruFocus rates NSE:CNL with a GF Score™ of 95/100 and a GF Value™ of ₹963.35 (Fairly Valued). The stock has 9 warning signs investors should review. Among 2,419 Hardware companies, Creative Newtech ranks better than 95.37% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Creative Newtech's Average Total Inventories for the three months ended in Mar. 2026 was ₹1,734 Mil. Creative Newtech's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,708 Mil. Hence, Creative Newtech's Days Inventory for the three months ended in Mar. 2026 was 23.60.

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

NSE:CNL' s Days Inventory Range Over the Past 10 Years
Min: 18.09   Med: 30.81   Max: 46.14
Current: 20.13

During the past 13 years, Creative Newtech's highest Days Inventory was 46.14. The lowest was 18.09. And the median was 30.81.

NSE:CNL's Days Inventory is ranked better than
95.37% of 2419 companies
in the Hardware industry
Industry Median: 94.24 vs NSE:CNL: 20.13

Creative Newtech's Days Inventory declined from Mar. 2025 (26.68) to Mar. 2026 (23.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Creative Newtech's Inventory Turnover for the three months ended in Mar. 2026 was 3.87.

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. Creative Newtech's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.23.


Creative Newtech  (NSE:CNL) 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.

Creative Newtech'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.

Creative Newtech'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.


Creative Newtech Days Inventory Related Terms


Creative Newtech Days Inventory Historical Data

* Premium members only.

The historical data trend for Creative Newtech'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.

Creative Newtech Days Inventory Chart

Creative Newtech 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 33.28 25.02 18.09 20.59 20.49

Creative Newtech 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 26.68 26.98 19.85 14.18 23.60

NSE:CNL vs SNX, ARW, AVT: Days Inventory Comparison

For the Electronics & Computer Distribution subindustry, Creative Newtech'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.


Creative Newtech Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Creative Newtech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Creative Newtech's Days Inventory falls into.


NSE:CNL
95GF Score
Creative Newtech Ltd NSE:CNL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Creative Newtech Days Inventory Calculation

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

Creative Newtech'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
=( (1057.132 + 1734.458) / 2 ) / 24861.934*365
=1395.795 / 24861.934*365
=20.49

Creative Newtech'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 + 1734.458) / 1 ) / 6707.618*365 / 4
=1734.458 / 6707.618*365 / 4
=23.60

* 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 23.60 mean?
Creative Newtech (NSE:CNL) has a Days Inventory of 23.60 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Creative Newtech and its competitors. This is 23% below median its historical median of 30.81. Over the past decade, Creative Newtech's Days Inventory has ranged from 18.09 to 46.14. According to the industry distribution chart, Creative Newtech ranks #112 out of 2419 companies in the Hardware industry, placing it in the top 4.6%.
Is Creative Newtech's Days Inventory too high?
Creative Newtech's current Days Inventory of 23.60 is 23% below median its 10-year median of 30.81. Over the past 10 years, this metric has ranged from a low of 18.09 to a high of 46.14. The Hardware industry median Days Inventory is 94.24. Creative Newtech's value of 23.60 is 75% below this industry median. Based on the distribution chart, Creative Newtech ranks #112 out of 2419 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Creative Newtech has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Creative Newtech's Days Inventory compare to SNX and ARW?
According to the Hardware industry distribution chart, Creative Newtech ranks #112 out of 2419 companies for Days Inventory. This places Creative Newtech in the top 5% of its industry — outperforming the majority of peers. The industry median Days Inventory is 94.24. Creative Newtech's value of 23.60 is 75% below this benchmark. Historically, Creative Newtech's own Days Inventory has ranged from 18.09 to 46.14 over the past decade. While the company's 10-year median is 30.81 vs. the industry median of 94.24, Creative Newtech 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 Hardware company?
The median Days Inventory among Hardware companies is 94.24, based on 2,419 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. Creative Newtech's current Days Inventory of 23.60 is 75% 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 Creative Newtech and its competitors. For the Hardware industry, the median Days Inventory is 94.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Creative Newtech's current Days Inventory is 23.60, which is 23% below median its own 10-year median of 30.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Creative Newtech stock overvalued right now?
Based on GuruFocus' analysis, Creative Newtech (NSE:CNL) is currently considered Fairly Valued. The stock's GF Value™ is ₹963.35, compared to a current price of ₹903.95 — trading 6.2% below its estimated fair value. The current Days Inventory is 23.60, which is 23% below median its 10-year median of 30.81 and 75% below the Hardware industry median of 94.24. Creative Newtech's overall GF Score™ is 95/100 with 9 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 Creative Newtech (NSE:CNL), the current Days Inventory is 23.60 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 Creative Newtech (NSE:CNL) Overvalued in 2026?

Based on GuruFocus' analysis, Creative Newtech stock appears to be undervalued. The current stock price of ₹903.95 is trading 6.2% below its estimated GF Value™ of ₹963.35. GuruFocus considers Creative Newtech to be Fairly Valued.

Key valuation signals for NSE:CNL:

  • Days Inventory: 23.60 (23% below median its 10-year median of 30.81)
  • GF Value™: ₹963.35 vs. price of ₹903.95 (6.2% below fair value)
  • GF Score™: 95/100 with 9 warning signs
  • Industry Position: 75% below the Hardware median (#112 of 2419)

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


Creative Newtech Business Description

Other Exchanges 544631:India
Address Kandivali Co Op Industrial Estate Limited, 3rd and 4th Floor, Plot No. 137AB, Charkop, Kandivali West, Mumbai, MH, IND, 400067
Creative Newtech Ltd is engaged in the business of distribution of IT products. The company's B2B e-commerce platform caters to various sub-distributors, retailers, and other customers, and serves as a one-stop-shop offering end-to-end solutions. Its operating segment includes Enterprise Business - EB; Fast Moving Social - Media Gadgets - FMSG; Fast Moving Electronics Goods - FMEG and Fast Moving Consumer Technology - FMCT. The company generates maximum revenue from the Enterprise Business (EB) segment which includes high-volume products tailored for enterprise clients. Notable brands in this segment include AOC, Philips, and others. Geographically, it caters to both the Indian and international markets and derives its key revenue from outside India.
95GF Score

Get the complete analysis for NSE:CNL

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

₹903.95
Price
₹963.35
GF Value