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Havells IndiaNSE:HAVELLS +1.43%93 Days Inventory is 90.48 as of Jun. 2026, which is 9% below its 10-year median of 99.48. GuruFocus rates NSE:HAVELLS with a GF Score™ of 93/100 and a GF Value™ of ₹1,766.07 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,968 Industrial Products companies, Havells India ranks better than 55.69% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Havells India's Average Total Inventories for the
three
months ended in Jun. 2026 was ₹44,407 Mil. Havells India's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ₹44,783 Mil.
Hence, Havells India's Days Inventory for the
three
months ended in Jun. 2026 was 90.48.
The historical rank and industry rank for Havells India's Days Inventory or its related term are showing as below:
NSE:HAVELLS'
s Days Inventory Range Over the Past 10 Years
Min: 83.86 Med: 99.48 Max: 120.81
Current: 101.92
During the past 13 years, Havells India's highest Days Inventory was 120.81. The lowest was 83.86. And the median was 99.48.
NSE:HAVELLS's Days Inventory is ranked better than 55.69% of 2968
companies
in the Industrial Products industry
Industry Median: 119.51
vs NSE:HAVELLS: 101.92
Havells India's Days Inventory
declined
from Jun. 2025 (101.70) to Jun. 2026 (90.48).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Havells India's Inventory Turnover for the
three
months ended in Jun. 2026 was 1.01.
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.
Havells India's Inventory-to-Revenue for the
three
months ended in Jun. 2026 was 0.68.
Havells India (NSE:HAVELLS) 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.
Havells India'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.
Havells India'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.
Havells India Days Inventory Related Terms
Havells India Days Inventory Historical Data
* Premium members only.
The historical data trend for Havells India'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.
For the Electrical Equipment & Parts subindustry, Havells India'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.
Havells India Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Havells India's Days Inventory distribution charts can be found below:
* The bar in red indicates where Havells India'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.
Havells India (NSE:HAVELLS) has a Days Inventory of 90.48 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Havells India and its competitors. This is near median its historical median of 99.48. Over the past decade, Havells India's Days Inventory has ranged from 83.86 to 120.81. According to the industry distribution chart, Havells India ranks #1315 out of 2968 companies in the Industrial Products industry, placing it in the top 44.3%.
Is Havells India's Days Inventory too high?
Havells India's current Days Inventory of 90.48 is near median its 10-year median of 99.48. Over the past 10 years, this metric has ranged from a low of 83.86 to a high of 120.81. The Industrial Products industry median Days Inventory is 119.51. Havells India's value of 90.48 is 24.3% below this industry median. Based on the distribution chart, Havells India ranks #1315 out of 2968 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Havells India has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Havells India's Days Inventory compare to VRT and BE?
According to the Industrial Products industry distribution chart, Havells India ranks #1315 out of 2968 companies for Days Inventory. This puts Havells India in the upper half of its industry. The industry median Days Inventory is 119.51. Havells India's value of 90.48 is 24.3% below this benchmark. Historically, Havells India's own Days Inventory has ranged from 83.86 to 120.81 over the past decade. While the company's 10-year median is 99.48 vs. the industry median of 119.51, Havells India 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.51, based on 2,968 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. Havells India's current Days Inventory of 90.48 is 24.3% 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 Havells India and its competitors. For the Industrial Products industry, the median Days Inventory is 119.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havells India's current Days Inventory is 90.48, which is near median its own 10-year median of 99.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havells India stock overvalued right now?
Based on GuruFocus' analysis, Havells India (NSE:HAVELLS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,766.07, compared to a current price of ₹1,187.30 — trading 32.8% below its estimated fair value. The current Days Inventory is 90.48, which is near median its 10-year median of 99.48 and 24.3% below the Industrial Products industry median of 119.51. Havells India's overall GF Score™ is 93/100 with 2 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 Havells India (NSE:HAVELLS), the current Days Inventory is 90.48 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 Havells India (NSE:HAVELLS) Overvalued in 2026?
Based on GuruFocus' analysis, Havells India stock appears to be undervalued.
The current stock price of ₹1,187.30 is trading 32.8% below its estimated GF Value™ of ₹1,766.07.
GuruFocus considers Havells India to be Significantly Undervalued.
Key valuation signals for NSE:HAVELLS:
Days Inventory: 90.48 (near median its 10-year median of 99.48)
GF Value™: ₹1,766.07 vs. price of ₹1,187.30 (32.8% below fair value)
Industry Position: 24.3% below the Industrial Products median (#1315 of 2968)
No single metric tells the full story. See the NSE:HAVELLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Havells India Ltd manufactures and distributes electrical equipment for consumer and industrial applications. Its product portfolio includes fans, appliances, switches, lighting, switch gears, circuit breakers, water heaters, air purifiers, flexible cables, air coolers, monoblock and submersible pumps, personal grooming products, motors, and reactive power solutions. The firm has seven manufacturing facilities, all of which are in India. The company operates in multiple segments: Switchgear (domestic and industrial), which derives maximum revenue, Cables (domestic and industrial underground), Lighting and Fixtures (LED lamps), Electrical Consumer Durables (fans, water heaters), Lloyd Consumer products (air conditioners, televisions), and Others (industrial motors, water purifiers).
93GF Score
Get the complete analysis for NSE:HAVELLS
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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