Ecoline Exim (NSE:ECOLINE) Days Inventory: 65.33 (As of Mar. 2025) — 33% Above Median


NSE:ECOLINE Ecoline Exim Ltd NSE:ECOLINE
18 GF Score
Price ₹197.80
! 6 Warning Signs
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What is Ecoline Exim Days Inventory?

Ecoline Exim NSE:ECOLINE -2.56% 18 Days Inventory is 65.33 as of Mar. 2025, which is 33% above its 10-year median of 48.97. GuruFocus rates NSE:ECOLINE with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 1,001 Manufacturing - Apparel & Accessories companies, Ecoline Exim ranks better than 78.82% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ecoline Exim's Average Total Inventories for the six months ended in Mar. 2025 was ₹397 Mil. Ecoline Exim's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹2,219 Mil. Hence, Ecoline Exim's Days Inventory for the six months ended in Mar. 2025 was 32.67.

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

NSE:ECOLINE' s Days Inventory Range Over the Past 10 Years
Min: 40.15   Med: 48.97   Max: 65.33
Current: 65.33

During the past 3 years, Ecoline Exim's highest Days Inventory was 65.33. The lowest was 40.15. And the median was 48.97.

NSE:ECOLINE's Days Inventory is ranked better than
78.82% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.65 vs NSE:ECOLINE: 65.33

Ecoline Exim's Days Inventory increased from Mar. 2023 (40.15) to Mar. 2025 (65.33). It might indicate that Ecoline Exim's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ecoline Exim's Inventory Turnover for the six months ended in Mar. 2025 was 5.59.

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. Ecoline Exim's Inventory-to-Revenue for the six months ended in Mar. 2025 was 0.16.


Ecoline Exim  (NSE:ECOLINE) 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.

Ecoline Exim's Inventory Turnover for the six months ended in Mar. 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.

Ecoline Exim's Inventory to Revenue for the six months ended in Mar. 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.


Ecoline Exim Days Inventory Related Terms


Ecoline Exim Days Inventory Historical Data

* Premium members only.

The historical data trend for Ecoline Exim'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.

Ecoline Exim Days Inventory Chart

Ecoline Exim Annual Data
Trend Mar23 Mar24 Mar25
Days Inventory
40.15 48.97 65.33

Ecoline Exim Semi-Annual Data
Mar23 Mar24 Mar25
Days Inventory 40.15 48.97 65.33

NSE:ECOLINE vs NKE, DECK, ONON: Days Inventory Comparison

For the Footwear & Accessories subindustry, Ecoline Exim'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.


Ecoline Exim Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ecoline Exim's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ecoline Exim's Days Inventory falls into.


NSE:ECOLINE
18GF Score
Ecoline Exim Ltd NSE:ECOLINE
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecoline Exim Days Inventory Calculation

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

Ecoline Exim'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
=( (326.093 + 468.312) / 2 ) / 2219.134*365
=397.2025 / 2219.134*365
=65.33

Ecoline Exim's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (326.093 + 468.312) / 2 ) / 2219.134*365 / 2
=397.2025 / 2219.134*365 / 2
=32.67

* 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 65.33 mean?
Ecoline Exim (NSE:ECOLINE) has a Days Inventory of 65.33 as of Mar. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ecoline Exim and its competitors. This is 33% above median its historical median of 48.97. Over the past decade, Ecoline Exim's Days Inventory has ranged from 40.15 to 65.33. According to the industry distribution chart, Ecoline Exim ranks #212 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 21.2%.
Is Ecoline Exim's Days Inventory too high?
Ecoline Exim's current Days Inventory of 65.33 is 33% above median its 10-year median of 48.97. Over the past 10 years, this metric has ranged from a low of 40.15 to a high of 65.33. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.65. Ecoline Exim's value of 65.33 is 50.8% below this industry median. Based on the distribution chart, Ecoline Exim ranks #212 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Ecoline Exim has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Ecoline Exim's Days Inventory compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ecoline Exim ranks #212 out of 1001 companies for Days Inventory. This places Ecoline Exim in the top 21% of its industry — outperforming the majority of peers. The industry median Days Inventory is 132.65. Ecoline Exim's value of 65.33 is 50.8% below this benchmark. Historically, Ecoline Exim's own Days Inventory has ranged from 40.15 to 65.33 over the past decade. While the company's 10-year median is 48.97 vs. the industry median of 132.65, Ecoline Exim 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.65, based on 1,001 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. Ecoline Exim's current Days Inventory of 65.33 is 50.8% 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 Ecoline Exim and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecoline Exim's current Days Inventory is 65.33, which is 33% above median its own 10-year median of 48.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoline Exim stock overvalued right now?
Ecoline Exim (NSE:ECOLINE) has a current Days Inventory of 65.33. The current Days Inventory is 65.33, which is 33% above median its 10-year median of 48.97 and 50.8% below the Manufacturing - Apparel & Accessories industry median of 132.65. Ecoline Exim's overall GF Score™ is 18/100 with 6 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 Ecoline Exim (NSE:ECOLINE), the current Days Inventory is 65.33 as of Mar. 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.

Ecoline Exim Business Description

Address 8, G.C. Ghosh Road, Kolkata, WB, IND, 700048
Ecoline Exim Ltd is engaged in the manufacturing of a wide range of sustainable packaging and promotional bags made out of cotton and jute. The company is engaged in the export of these bags globally. It exports its products to more than 27 countries. Its export market is the European Union, the USA, Japan, Southeast Asia, and Mexico etc. The company offers a variety of eco-conscious cotton and jute bags. Its offerings include: Recycled Cotton Bags, Organic Cotton Bags, Fairtrade Cotton Bags, Conventional Cotton Bags, and Jute Bags.
18GF Score

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