Excel Industries (NSE:EXCELINDUS) Days Inventory: 73.30 (As of Mar. 2026) — Near Median

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NSE:EXCELINDUS Excel Industries Ltd NSE:EXCELINDUS
72 GF Score
Price ₹938.15
GF Value ₹1,167.55
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Excel Industries Days Inventory?

Excel Industries NSE:EXCELINDUS +4.26% 72 Days Inventory is 73.30 as of Mar. 2026, which is 0% below its 10-year median of 73.40. GuruFocus rates NSE:EXCELINDUS with a GF Score™ of 72/100 and a GF Value™ of ₹1,167.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,541 Chemicals companies, Excel Industries ranks worse than 51.72% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Excel Industries's Average Total Inventories for the three months ended in Mar. 2026 was ₹1,294 Mil. Excel Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,611 Mil. Hence, Excel Industries's Days Inventory for the three months ended in Mar. 2026 was 73.30.

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

NSE:EXCELINDUS' s Days Inventory Range Over the Past 10 Years
Min: 64.73   Med: 73.4   Max: 87.88
Current: 82.09

During the past 13 years, Excel Industries's highest Days Inventory was 87.88. The lowest was 64.73. And the median was 73.40.

NSE:EXCELINDUS's Days Inventory is ranked worse than
51.72% of 1541 companies
in the Chemicals industry
Industry Median: 80.15 vs NSE:EXCELINDUS: 82.09

Excel Industries's Days Inventory increased from Mar. 2025 (63.15) to Mar. 2026 (73.30). It might indicate that Excel Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Excel Industries's Inventory Turnover for the three months ended in Mar. 2026 was 1.24.

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. Excel Industries's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.46.


Excel Industries  (NSE:EXCELINDUS) 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.

Excel Industries'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.

Excel Industries'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.


Excel Industries Days Inventory Related Terms


Excel Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Excel Industries'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.

Excel Industries Days Inventory Chart

Excel Industries 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 70.30 85.73 86.08 72.26 67.74

Excel Industries 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 63.15 50.93 113.88 132.32 73.30

NSE:EXCELINDUS vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, Excel Industries'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.


Excel Industries Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Excel Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Excel Industries's Days Inventory falls into.


NSE:EXCELINDUS
72GF Score
Excel Industries Ltd NSE:EXCELINDUS
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Excel Industries Days Inventory Calculation

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

Excel Industries'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
=( (940.468 + 1294.307) / 2 ) / 6020.584*365
=1117.3875 / 6020.584*365
=67.74

Excel Industries'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 + 1294.307) / 1 ) / 1611.208*365 / 4
=1294.307 / 1611.208*365 / 4
=73.30

* 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 73.30 mean?
Excel Industries (NSE:EXCELINDUS) has a Days Inventory of 73.30 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Excel Industries and its competitors. This is near median its historical median of 73.40. Over the past decade, Excel Industries' Days Inventory has ranged from 64.73 to 87.88. According to the industry distribution chart, Excel Industries ranks #797 out of 1541 companies in the Chemicals industry, placing it in the top 51.7%.
Is Excel Industries' Days Inventory too high?
Excel Industries' current Days Inventory of 73.30 is near median its 10-year median of 73.40. Over the past 10 years, this metric has ranged from a low of 64.73 to a high of 87.88. The Chemicals industry median Days Inventory is 80.15. Excel Industries' value of 73.30 is 8.5% below this industry median. Based on the distribution chart, Excel Industries ranks #797 out of 1541 companies in the Chemicals industry, which is below the industry midpoint. Overall, Excel Industries has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excel Industries' Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, Excel Industries ranks #797 out of 1541 companies for Days Inventory. This places Excel Industries in the lower half of its industry. The industry median Days Inventory is 80.15. Excel Industries' value of 73.30 is 8.5% below this benchmark. Historically, Excel Industries' own Days Inventory has ranged from 64.73 to 87.88 over the past decade. While the company's 10-year median is 73.40 vs. the industry median of 80.15, Excel Industries 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.15, based on 1,541 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. Excel Industries's current Days Inventory of 73.30 is 8.5% 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 Excel Industries and its competitors. For the Chemicals industry, the median Days Inventory is 80.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excel Industries's current Days Inventory is 73.30, which is near median its own 10-year median of 73.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excel Industries stock overvalued right now?
Based on GuruFocus' analysis, Excel Industries (NSE:EXCELINDUS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,167.55, compared to a current price of ₹938.15 — trading 19.6% below its estimated fair value. The current Days Inventory is 73.30, which is near median its 10-year median of 73.40 and 8.5% below the Chemicals industry median of 80.15. Excel Industries' overall GF Score™ is 72/100 with 5 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 Excel Industries (NSE:EXCELINDUS), the current Days Inventory is 73.30 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 Excel Industries (NSE:EXCELINDUS) Overvalued in 2026?

Based on GuruFocus' analysis, Excel Industries stock appears to be undervalued. The current stock price of ₹938.15 is trading 19.6% below its estimated GF Value™ of ₹1,167.55. GuruFocus considers Excel Industries to be Modestly Undervalued.

Key valuation signals for NSE:EXCELINDUS:

  • Days Inventory: 73.30 (near median its 10-year median of 73.40)
  • GF Value™: ₹1,167.55 vs. price of ₹938.15 (19.6% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 8.5% below the Chemicals median (#797 of 1541)

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


Excel Industries Business Description

Other Exchanges 500650:India
Address 184-87, Swami Vivekanand Road, Jogeshwari (West), Mumbai, MH, IND, 400 102
Excel Industries Ltd is a chemical manufacturer based in India. The company is organized into two business segments namely; Chemicals segment which comprises of manufacture of speciality chemicals, intermediates and actives catering to various end user segments like Agrochemicals, Water Treatment, Soaps & Detergents, Lube Oil Additives, Mining Chemicals, Polymer Additives and Pharmaceuticals; and Environment and Biotech segment which comprises of Organic waste management composting, Municipal solid waste management, Plastic waste management and Construction and demolition waste management. The majority of its revenues come from Chemicals segment. It generates maximum revenue from within India.
72GF Score

Get the complete analysis for NSE:EXCELINDUS

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

₹938.15
Price
₹1,167.55
GF Value