Essar Shipping (NSE:ESSARSHPNG) Days Inventory: 66.47 (As of Mar. 2026) — 309% Above Median


NSE:ESSARSHPNG Essar Shipping Ltd NSE:ESSARSHPNG
35 GF Score
Price ₹22.43
GF Value ₹1.07
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Essar Shipping Days Inventory?

Essar Shipping NSE:ESSARSHPNG -0.88% 35 Days Inventory is 66.47 as of Mar. 2026, which is 309% above its 10-year median of 16.27. GuruFocus rates NSE:ESSARSHPNG with a GF Score™ of 35/100 and a GF Value™ of ₹1.07 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 801 Transportation companies, Essar Shipping ranks worse than 82.77% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Essar Shipping's Average Total Inventories for the three months ended in Mar. 2026 was ₹11.00 Mil. Essar Shipping's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹15.10 Mil. Hence, Essar Shipping's Days Inventory for the three months ended in Mar. 2026 was 66.47.

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

NSE:ESSARSHPNG' s Days Inventory Range Over the Past 10 Years
Min: 8.53   Med: 16.27   Max: 60.35
Current: 48.9

During the past 13 years, Essar Shipping's highest Days Inventory was 60.35. The lowest was 8.53. And the median was 16.27.

NSE:ESSARSHPNG's Days Inventory is ranked worse than
82.77% of 801 companies
in the Transportation industry
Industry Median: 12.4 vs NSE:ESSARSHPNG: 48.90

Essar Shipping's Days Inventory increased from Mar. 2025 (0.00) to Mar. 2026 (66.47). It might indicate that Essar Shipping'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. Essar Shipping's Inventory Turnover for the three months ended in Mar. 2026 was 1.37.

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. Essar Shipping's Inventory-to-Revenue for the three months ended in Mar. 2026 was 27.50.


Essar Shipping  (NSE:ESSARSHPNG) 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.

Essar Shipping'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.

Essar Shipping'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.


Essar Shipping Days Inventory Related Terms


Essar Shipping Days Inventory Historical Data

* Premium members only.

The historical data trend for Essar Shipping'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.

Essar Shipping Days Inventory Chart

Essar Shipping 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 16.00 46.96 11.85 32.21 60.35

Essar Shipping 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 0.00 52.22 24.15 29.76 66.47

Essar Shipping Days Inventory Competitor Comparison

For the Marine Shipping subindustry, Essar Shipping'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.


Essar Shipping Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Essar Shipping's Days Inventory distribution charts can be found below:

* The bar in red indicates where Essar Shipping's Days Inventory falls into.


NSE:ESSARSHPNG
35GF Score
Essar Shipping Ltd NSE:ESSARSHPNG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Essar Shipping Days Inventory Calculation

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

Essar Shipping'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
=( (9.9 + 11) / 2 ) / 63.2*365
=10.45 / 63.2*365
=60.35

Essar Shipping'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 + 11) / 1 ) / 15.1*365 / 4
=11 / 15.1*365 / 4
=66.47

* 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 66.47 mean?
Essar Shipping (NSE:ESSARSHPNG) has a Days Inventory of 66.47 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Essar Shipping and its competitors. This is 309% above median its historical median of 16.27. Over the past decade, Essar Shipping's Days Inventory has ranged from 8.53 to 60.35. According to the industry distribution chart, Essar Shipping ranks #663 out of 801 companies in the Transportation industry, placing it in the top 82.8%.
Is Essar Shipping's Days Inventory too high?
Essar Shipping's current Days Inventory of 66.47 is 309% above median its 10-year median of 16.27. Over the past 10 years, this metric has ranged from a low of 8.53 to a high of 60.35. The Transportation industry median Days Inventory is 12.40. Essar Shipping's value of 66.47 is 436% above this industry median. Based on the distribution chart, Essar Shipping ranks #663 out of 801 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Essar Shipping has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Essar Shipping's Days Inventory compare to competitors?
According to the Transportation industry distribution chart, Essar Shipping ranks #663 out of 801 companies for Days Inventory. This places Essar Shipping in the lower half of its industry. The industry median Days Inventory is 12.40. Essar Shipping's value of 66.47 is 436% above this benchmark. Historically, Essar Shipping's own Days Inventory has ranged from 8.53 to 60.35 over the past decade. While the company's 10-year median is 16.27 vs. the industry median of 12.40, Essar Shipping 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 a Transportation company?
The median Days Inventory among Transportation companies is 12.40, based on 801 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. Essar Shipping's current Days Inventory of 66.47 is 436% 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 Essar Shipping and its competitors. For the Transportation industry, the median Days Inventory is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essar Shipping's current Days Inventory is 66.47, which is 309% above median its own 10-year median of 16.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essar Shipping stock overvalued right now?
Based on GuruFocus' analysis, Essar Shipping (NSE:ESSARSHPNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.07, compared to a current price of ₹22.43 — trading 1996.3% above its estimated fair value. The current Days Inventory is 66.47, which is 309% above median its 10-year median of 16.27 and 436% above the Transportation industry median of 12.40. Essar Shipping's overall GF Score™ is 35/100 with 7 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 Essar Shipping (NSE:ESSARSHPNG), the current Days Inventory is 66.47 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 Essar Shipping (NSE:ESSARSHPNG) Overvalued in 2026?

Based on GuruFocus' analysis, Essar Shipping stock appears to be overvalued. The current stock price of ₹22.43 is trading 1996.3% above its estimated GF Value™ of ₹1.07. GuruFocus considers Essar Shipping to be Significantly Overvalued.

Key valuation signals for NSE:ESSARSHPNG:

  • Days Inventory: 66.47 (309% above median its 10-year median of 16.27)
  • GF Value™: ₹1.07 vs. price of ₹22.43 (1996.3% above fair value)
  • GF Score™: 35/100 with 7 warning signs
  • Industry Position: 436% above the Transportation median (#663 of 801)

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


Essar Shipping Business Description

Other Exchanges 533704:India
Address 11, K.K. Marg, Essar House, Mahalaxmi, Mumbai, MH, IND, 400 034
Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure, steel, and Services. The company operates in Fleet operations and chartering, oilfield services, and logistics services. The company generates maximum revenue from a single operating segment, namely the Shipping segment.
35GF Score

Get the complete analysis for NSE:ESSARSHPNG

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

₹22.43
Price
₹1.07
GF Value