Gretex Industries (NSE:GRETEX) Days Inventory: 103.32 (As of Mar. 2026) — 37% Above Median

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NSE:GRETEX Gretex Industries Ltd NSE:GRETEX
57 GF Score
Price ₹291.50
GF Value ₹91.16
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Gretex Industries Days Inventory?

Gretex Industries NSE:GRETEX 57 Days Inventory is 103.32 as of Mar. 2026, which is 37% above its 10-year median of 75.33. GuruFocus rates NSE:GRETEX with a GF Score™ of 57/100 and a GF Value™ of ₹91.16 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 691 Travel & Leisure companies, Gretex Industries ranks worse than 71.35% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Gretex Industries's Average Total Inventories for the six months ended in Mar. 2026 was ₹141.5 Mil. Gretex Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹499.9 Mil. Hence, Gretex Industries's Days Inventory for the six months ended in Mar. 2026 was 51.66.

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

NSE:GRETEX' s Days Inventory Range Over the Past 10 Years
Min: 33.82   Med: 75.33   Max: 198.38
Current: 103.32

During the past 11 years, Gretex Industries's highest Days Inventory was 198.38. The lowest was 33.82. And the median was 75.33.

NSE:GRETEX's Days Inventory is ranked worse than
71.35% of 691 companies
in the Travel & Leisure industry
Industry Median: 31.15 vs NSE:GRETEX: 103.32

Gretex Industries's Days Inventory increased from Mar. 2024 (52.25) to Mar. 2026 (103.32). It might indicate that Gretex Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gretex Industries's Inventory Turnover for the six months ended in Mar. 2026 was 3.53.

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. Gretex Industries's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.25.


Gretex Industries  (NSE:GRETEX) 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.

Gretex Industries's Inventory Turnover for the six 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.

Gretex Industries's Inventory to Revenue for the six 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.


Gretex Industries Days Inventory Related Terms


Gretex Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Gretex 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.

Gretex Industries Days Inventory Chart

Gretex 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 85.95 58.99 52.25 98.55 103.32

Gretex Industries Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 85.95 58.99 52.25 98.55 103.32

NSE:GRETEX vs AS, HAS, LTH: Days Inventory Comparison

For the Leisure subindustry, Gretex 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.


Gretex Industries Days Inventory vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gretex Industries's Days Inventory distribution charts can be found below:

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


NSE:GRETEX
57GF Score
Gretex Industries Ltd NSE:GRETEX
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gretex Industries Days Inventory Calculation

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

Gretex 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
=( (121.855 + 161.162) / 2 ) / 499.893*365
=141.5085 / 499.893*365
=103.32

Gretex 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: Mar. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (121.855 + 161.162) / 2 ) / 499.893*365 / 2
=141.5085 / 499.893*365 / 2
=51.66

* 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 103.32 mean?
Gretex Industries (NSE:GRETEX) has a Days Inventory of 103.32 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Gretex Industries and its competitors. This is 37% above median its historical median of 75.33. Over the past decade, Gretex Industries' Days Inventory has ranged from 33.82 to 198.38. According to the industry distribution chart, Gretex Industries ranks #493 out of 691 companies in the Travel & Leisure industry, placing it in the top 71.3%.
Is Gretex Industries' Days Inventory too high?
Gretex Industries' current Days Inventory of 103.32 is 37% above median its 10-year median of 75.33. Over the past 10 years, this metric has ranged from a low of 33.82 to a high of 198.38. The Travel & Leisure industry median Days Inventory is 31.15. Gretex Industries' value of 103.32 is 231.7% above this industry median. Based on the distribution chart, Gretex Industries ranks #493 out of 691 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Gretex Industries has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gretex Industries' Days Inventory compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Gretex Industries ranks #493 out of 691 companies for Days Inventory. This places Gretex Industries in the lower half of its industry. The industry median Days Inventory is 31.15. Gretex Industries' value of 103.32 is 231.7% above this benchmark. Historically, Gretex Industries' own Days Inventory has ranged from 33.82 to 198.38 over the past decade. While the company's 10-year median is 75.33 vs. the industry median of 31.15, Gretex 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 Travel & Leisure company?
The median Days Inventory among Travel & Leisure companies is 31.15, based on 691 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. Gretex Industries's current Days Inventory of 103.32 is 231.7% 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 Gretex Industries and its competitors. For the Travel & Leisure industry, the median Days Inventory is 31.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gretex Industries's current Days Inventory is 103.32, which is 37% above median its own 10-year median of 75.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gretex Industries stock overvalued right now?
Based on GuruFocus' analysis, Gretex Industries (NSE:GRETEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹91.16, compared to a current price of ₹291.50 — trading 219.8% above its estimated fair value. The current Days Inventory is 103.32, which is 37% above median its 10-year median of 75.33 and 231.7% above the Travel & Leisure industry median of 31.15. Gretex Industries' overall GF Score™ is 57/100 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 Gretex Industries (NSE:GRETEX), the current Days Inventory is 103.32 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 Gretex Industries (NSE:GRETEX) Overvalued in 2026?

Based on GuruFocus' analysis, Gretex Industries stock appears to be overvalued. The current stock price of ₹291.50 is trading 219.8% above its estimated GF Value™ of ₹91.16. GuruFocus considers Gretex Industries to be Significantly Overvalued.

Key valuation signals for NSE:GRETEX:

  • Days Inventory: 103.32 (37% above median its 10-year median of 75.33)
  • GF Value™: ₹91.16 vs. price of ₹291.50 (219.8% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 231.7% above the Travel & Leisure median (#493 of 691)

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


Gretex Industries Business Description

Address 90, Phears Lane, 5th Floor, Kolkata, WB, IND, 700 012
Gretex Industries Ltd is engaged in the trading of musical instruments. The company's range of musical instruments includes; guitars, electronic keyboards, Harmoniums, violins, drums, Music stands, mats, sound systems and other percussion instruments. It also deals in equipment like microphones, headphones, amplifiers, studio monitor speakers, loudspeakers, mixers, and all types of accessories for pro audio and recording. The company is a distributor of brands like Yamaha, Daddario, Duralin, and among others.
57GF Score

Get the complete analysis for NSE:GRETEX

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

₹291.50
Price
₹91.16
GF Value