Finolex Industries (NSE:FINPIPE) Days Inventory: 136.42 (As of Mar. 2026) — 23% Above Median


NSE:FINPIPE Finolex Industries Ltd NSE:FINPIPE
83 GF Score
Price ₹174.77
GF Value ₹211.11
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Finolex Industries Days Inventory?

Finolex Industries NSE:FINPIPE -0.87% 83 Days Inventory is 136.42 as of Mar. 2026, which is 23% above its 10-year median of 110.62. GuruFocus rates NSE:FINPIPE with a GF Score™ of 83/100 and a GF Value™ of ₹211.11 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,481 Construction companies, Finolex Industries ranks worse than 75.29% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Finolex Industries's Average Total Inventories for the three months ended in Mar. 2026 was ₹10,260 Mil. Finolex Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,863 Mil. Hence, Finolex Industries's Days Inventory for the three months ended in Mar. 2026 was 136.42.

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

NSE:FINPIPE' s Days Inventory Range Over the Past 10 Years
Min: 87.18   Med: 110.62   Max: 157.34
Current: 129.84

During the past 13 years, Finolex Industries's highest Days Inventory was 157.34. The lowest was 87.18. And the median was 110.62.

NSE:FINPIPE's Days Inventory is ranked worse than
75.29% of 1481 companies
in the Construction industry
Industry Median: 50.36 vs NSE:FINPIPE: 129.84

Finolex Industries's Days Inventory increased from Mar. 2025 (92.98) to Mar. 2026 (136.42). It might indicate that Finolex Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Finolex Industries's Inventory Turnover for the three months ended in Mar. 2026 was 0.67.

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. Finolex Industries's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.78.


Finolex Industries  (NSE:FINPIPE) 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.

Finolex 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.

Finolex 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.


Finolex Industries Days Inventory Related Terms


Finolex Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Finolex 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.

Finolex Industries Days Inventory Chart

Finolex 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 116.51 93.84 87.18 103.01 137.73

Finolex 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 92.98 101.58 138.84 132.72 136.42

NSE:FINPIPE vs TT, JCI, CARR: Days Inventory Comparison

For the Building Products & Equipment subindustry, Finolex 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.


Finolex Industries Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Finolex Industries's Days Inventory distribution charts can be found below:

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


NSE:FINPIPE
83GF Score
Finolex Industries Ltd NSE:FINPIPE
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Finolex Industries Days Inventory Calculation

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

Finolex 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
=( (7824.2 + 10259.6) / 2 ) / 23962.5*365
=9041.9 / 23962.5*365
=137.73

Finolex 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 + 10259.6) / 1 ) / 6862.5*365 / 4
=10259.6 / 6862.5*365 / 4
=136.42

* 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 136.42 mean?
Finolex Industries (NSE:FINPIPE) has a Days Inventory of 136.42 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Finolex Industries and its competitors. This is 23% above median its historical median of 110.62. Over the past decade, Finolex Industries' Days Inventory has ranged from 87.18 to 157.34. According to the industry distribution chart, Finolex Industries ranks #1115 out of 1481 companies in the Construction industry, placing it in the top 75.3%.
Is Finolex Industries' Days Inventory too high?
Finolex Industries' current Days Inventory of 136.42 is 23% above median its 10-year median of 110.62. Over the past 10 years, this metric has ranged from a low of 87.18 to a high of 157.34. The Construction industry median Days Inventory is 50.36. Finolex Industries' value of 136.42 is 170.9% above this industry median. Based on the distribution chart, Finolex Industries ranks #1115 out of 1481 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Finolex Industries has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Finolex Industries' Days Inventory compare to TT and JCI?
According to the Construction industry distribution chart, Finolex Industries ranks #1115 out of 1481 companies for Days Inventory. This places Finolex Industries in the lower half of its industry. The industry median Days Inventory is 50.36. Finolex Industries' value of 136.42 is 170.9% above this benchmark. Historically, Finolex Industries' own Days Inventory has ranged from 87.18 to 157.34 over the past decade. While the company's 10-year median is 110.62 vs. the industry median of 50.36, Finolex Industries 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 Construction company?
The median Days Inventory among Construction companies is 50.36, based on 1,481 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. Finolex Industries's current Days Inventory of 136.42 is 170.9% 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 Finolex Industries and its competitors. For the Construction industry, the median Days Inventory is 50.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finolex Industries's current Days Inventory is 136.42, which is 23% above median its own 10-year median of 110.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finolex Industries stock overvalued right now?
Based on GuruFocus' analysis, Finolex Industries (NSE:FINPIPE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹211.11, compared to a current price of ₹174.77 — trading 17.2% below its estimated fair value. The current Days Inventory is 136.42, which is 23% above median its 10-year median of 110.62 and 170.9% above the Construction industry median of 50.36. Finolex Industries' overall GF Score™ is 83/100 with 3 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 Finolex Industries (NSE:FINPIPE), the current Days Inventory is 136.42 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 Finolex Industries (NSE:FINPIPE) Overvalued in 2026?

Based on GuruFocus' analysis, Finolex Industries stock appears to be undervalued. The current stock price of ₹174.77 is trading 17.2% below its estimated GF Value™ of ₹211.11. GuruFocus considers Finolex Industries to be Modestly Undervalued.

Key valuation signals for NSE:FINPIPE:

  • Days Inventory: 136.42 (23% above median its 10-year median of 110.62)
  • GF Value™: ₹211.11 vs. price of ₹174.77 (17.2% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 170.9% above the Construction median (#1115 of 1481)

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


Finolex Industries Business Description

Other Exchanges 500940:India
Address Baner-Pashan Link Road, IndiQube -The Kode, 11th Floor, Baner Gaon, Haveli, Pune, MH, IND, 411045
Finolex Industries Ltd manufactures rigid polyvinyl chloride pipes and resins, and fittings. Pipes and fittings are developed out of manufacturing plants strategically located in India. Finolex's products are designed to meet a range of specifications such as size, pressure classes, and diameters. Traditionally, market participants in agriculture, housing, telecom, construction, and other industries have constituted the largest portion of the company's customer base. In addition to the number of manufacturing plants across India, Finolex depends on a network of direct and indirect retail outlets across the country to deliver its services to numerous industries.
83GF Score

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

₹174.77
Price
₹211.11
GF Value