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Grindwell NortonNSE:GRINDWELL +0.38%96 Days Inventory is 121.60 as of Jun. 2026, which is 13% below its 10-year median of 139.59. GuruFocus rates NSE:GRINDWELL with a GF Score™ of 96/100 and a GF Value™ of ₹2,225.81 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,489 Construction companies, Grindwell Norton ranks worse than 75.29% on this metric.
The historical rank and industry rank for Grindwell Norton's Days Inventory or its related term are showing as below:
NSE:GRINDWELL'
s Days Inventory Range Over the Past 10 Years
Min: 115.57 Med: 139.59 Max: 151.43
Current: 122.95
During the past 13 years, Grindwell Norton's highest Days Inventory was 151.43. The lowest was 115.57. And the median was 139.59.
NSE:GRINDWELL's Days Inventory is ranked worse than 75.29% of 1489
companies
in the Construction industry
Industry Median: 49.78
vs NSE:GRINDWELL: 122.95
Grindwell Norton's Days Inventory
declined
from Jun. 2025 (139.95) to Jun. 2026 (121.60).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Grindwell Norton's Inventory Turnover for the
three
months ended in Jun. 2026 was 0.75.
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.
Grindwell Norton's Inventory-to-Revenue for the
three
months ended in Jun. 2026 was 0.60.
Grindwell Norton (NSE:GRINDWELL) 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.
Grindwell Norton's Inventory Turnover for the
three
months ended in Jun. 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.
Grindwell Norton's Inventory to Revenue for the
three
months ended in Jun. 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.
Grindwell Norton Days Inventory Related Terms
Grindwell Norton Days Inventory Historical Data
* Premium members only.
The historical data trend for Grindwell Norton'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.
NSE:GRINDWELL vs TT, JCI, CARR: Days Inventory Comparison
For the Building Products & Equipment subindustry, Grindwell Norton'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.
Grindwell Norton Days Inventory vs Construction Industry
For the Construction industry and Industrials sector, Grindwell Norton's Days Inventory distribution charts can be found below:
* The bar in red indicates where Grindwell Norton's Days Inventory falls into.
* 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.
Grindwell Norton (NSE:GRINDWELL) has a Days Inventory of 121.60 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Grindwell Norton and its competitors. This is 13% below median its historical median of 139.59. Over the past decade, Grindwell Norton's Days Inventory has ranged from 115.57 to 151.43. According to the industry distribution chart, Grindwell Norton ranks #1121 out of 1489 companies in the Construction industry, placing it in the top 75.3%.
Is Grindwell Norton's Days Inventory too high?
Grindwell Norton's current Days Inventory of 121.60 is 13% below median its 10-year median of 139.59. Over the past 10 years, this metric has ranged from a low of 115.57 to a high of 151.43. The Construction industry median Days Inventory is 49.78. Grindwell Norton's value of 121.60 is 144.3% above this industry median. Based on the distribution chart, Grindwell Norton ranks #1121 out of 1489 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Grindwell Norton has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grindwell Norton's Days Inventory compare to TT and JCI?
According to the Construction industry distribution chart, Grindwell Norton ranks #1121 out of 1489 companies for Days Inventory. This places Grindwell Norton in the lower half of its industry. The industry median Days Inventory is 49.78. Grindwell Norton's value of 121.60 is 144.3% above this benchmark. Historically, Grindwell Norton's own Days Inventory has ranged from 115.57 to 151.43 over the past decade. While the company's 10-year median is 139.59 vs. the industry median of 49.78, Grindwell Norton 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 49.78, based on 1,489 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. Grindwell Norton's current Days Inventory of 121.60 is 144.3% 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 Grindwell Norton and its competitors. For the Construction industry, the median Days Inventory is 49.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grindwell Norton's current Days Inventory is 121.60, which is 13% below median its own 10-year median of 139.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grindwell Norton stock overvalued right now?
Based on GuruFocus' analysis, Grindwell Norton (NSE:GRINDWELL) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,225.81, compared to a current price of ₹2,011.60 — trading 9.6% below its estimated fair value. The current Days Inventory is 121.60, which is 13% below median its 10-year median of 139.59 and 144.3% above the Construction industry median of 49.78. Grindwell Norton's overall GF Score™ is 96/100 with 1 warning sign 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 Grindwell Norton (NSE:GRINDWELL), the current Days Inventory is 121.60 as of Jun. 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 Grindwell Norton (NSE:GRINDWELL) Overvalued in 2026?
Based on GuruFocus' analysis, Grindwell Norton stock appears to be undervalued.
The current stock price of ₹2,011.60 is trading 9.6% below its estimated GF Value™ of ₹2,225.81.
GuruFocus considers Grindwell Norton to be Fairly Valued.
Key valuation signals for NSE:GRINDWELL:
Days Inventory: 121.60 (13% below median its 10-year median of 139.59)
GF Value™: ₹2,225.81 vs. price of ₹2,011.60 (9.6% below fair value)
Industry Position: 144.3% above the Construction median (#1121 of 1489)
No single metric tells the full story. See the NSE:GRINDWELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grindwell Norton Ltd is a company that produces abrasives and ceramics products. The company's businesses are divided into segments: Abrasives, Ceramics and Plastics, Digital Services and Others. The company manufactures various types of abrasives, which include bonded, coated, non-woven, construction, thin wheels, and super abrasives. Grindwell's Ceramics and Plastics division produces silicon carbide, high-temperature refractories, and fused cast ceramics. The silicon carbide products serve as raw materials that are used to create abrasives, and the company's refractories are structures used for processing both ferrous and non-ferrous metals. The company generates the vast majority of its revenue from Ceramics and Plastics division.
96GF Score
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