HCL Technologies (NSE:HCLTECH) Days Inventory: 1.06 (As of Jun. 2026) — Near Median

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NSE:HCLTECH HCL Technologies Ltd NSE:HCLTECH
83 GF Score
Price ₹1,221.20
GF Value ₹1,785.72
Valuation Significantly Undervalued
! 4 Warning Signs
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What is HCL Technologies Days Inventory?

HCL Technologies NSE:HCLTECH +4.91% 83 Days Inventory is 1.06 as of Jun. 2026, which is 1% below its 10-year median of 1.07. GuruFocus rates NSE:HCLTECH with a GF Score™ of 83/100 and a GF Value™ of ₹1,785.72 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,651 Software companies, HCL Technologies ranks better than 88.67% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). HCL Technologies's Average Total Inventories for the three months ended in Jun. 2026 was ₹2,390 Mil. HCL Technologies's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹205,420 Mil. Hence, HCL Technologies's Days Inventory for the three months ended in Jun. 2026 was 1.06.

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

NSE:HCLTECH' s Days Inventory Range Over the Past 10 Years
Min: 0.79   Med: 1.07   Max: 3.31
Current: 0.79

During the past 13 years, HCL Technologies's highest Days Inventory was 3.31. The lowest was 0.79. And the median was 1.07.

NSE:HCLTECH's Days Inventory is ranked better than
88.67% of 1651 companies
in the Software industry
Industry Median: 20.41 vs NSE:HCLTECH: 0.79

HCL Technologies's Days Inventory increased from Jun. 2025 (0.67) to Jun. 2026 (1.06). It might indicate that HCL Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. HCL Technologies's Inventory Turnover for the three months ended in Jun. 2026 was 85.95.

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. HCL Technologies's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.01.


HCL Technologies  (NSE:HCLTECH) 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.

HCL Technologies'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.

HCL Technologies'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.


HCL Technologies Days Inventory Related Terms


HCL Technologies Days Inventory Historical Data

* Premium members only.

The historical data trend for HCL Technologies'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.

HCL Technologies Days Inventory Chart

HCL Technologies 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 0.98 1.22 1.16 0.84 0.88

HCL Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.67 0.77 0.60 1.09 1.06

NSE:HCLTECH vs IBM, ACN, FISV: Days Inventory Comparison

For the Information Technology Services subindustry, HCL Technologies'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.


HCL Technologies Days Inventory vs Software Industry

For the Software industry and Technology sector, HCL Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where HCL Technologies's Days Inventory falls into.


NSE:HCLTECH
83GF Score
HCL Technologies Ltd NSE:HCLTECH
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HCL Technologies Days Inventory Calculation

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

HCL Technologies'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
=( (1330 + 2390) / 2 ) / 767520*365
=1860 / 767520*365
=0.88

HCL Technologies's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (2390 + 0) / 1 ) / 205420*365 / 4
=2390 / 205420*365 / 4
=1.06

* 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 1.06 mean?
HCL Technologies (NSE:HCLTECH) has a Days Inventory of 1.06 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on HCL Technologies and its competitors. This is near median its historical median of 1.07. Over the past decade, HCL Technologies' Days Inventory has ranged from 0.79 to 3.31. According to the industry distribution chart, HCL Technologies ranks #187 out of 1651 companies in the Software industry, placing it in the top 11.3%.
Is HCL Technologies' Days Inventory too high?
HCL Technologies' current Days Inventory of 1.06 is near median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.31. The Software industry median Days Inventory is 20.41. HCL Technologies' value of 1.06 is 94.8% below this industry median. Based on the distribution chart, HCL Technologies ranks #187 out of 1651 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, HCL Technologies has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HCL Technologies' Days Inventory compare to IBM and ACN?
According to the Software industry distribution chart, HCL Technologies ranks #187 out of 1651 companies for Days Inventory. This places HCL Technologies in the top 11% of its industry — outperforming the majority of peers. The industry median Days Inventory is 20.41. HCL Technologies' value of 1.06 is 94.8% below this benchmark. Historically, HCL Technologies' own Days Inventory has ranged from 0.79 to 3.31 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 20.41, HCL Technologies 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 Software company?
The median Days Inventory among Software companies is 20.41, based on 1,651 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. HCL Technologies's current Days Inventory of 1.06 is 94.8% 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 HCL Technologies and its competitors. For the Software industry, the median Days Inventory is 20.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HCL Technologies's current Days Inventory is 1.06, which is near median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HCL Technologies stock overvalued right now?
Based on GuruFocus' analysis, HCL Technologies (NSE:HCLTECH) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,785.72, compared to a current price of ₹1,221.20 — trading 31.6% below its estimated fair value. The current Days Inventory is 1.06, which is near median its 10-year median of 1.07 and 94.8% below the Software industry median of 20.41. HCL Technologies' overall GF Score™ is 83/100 with 4 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 HCL Technologies (NSE:HCLTECH), the current Days Inventory is 1.06 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 HCL Technologies (NSE:HCLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, HCL Technologies stock appears to be undervalued. The current stock price of ₹1,221.20 is trading 31.6% below its estimated GF Value™ of ₹1,785.72. GuruFocus considers HCL Technologies to be Significantly Undervalued.

Key valuation signals for NSE:HCLTECH:

  • Days Inventory: 1.06 (near median its 10-year median of 1.07)
  • GF Value™: ₹1,785.72 vs. price of ₹1,221.20 (31.6% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 94.8% below the Software median (#187 of 1651)

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


HCL Technologies Business Description

Other Exchanges 532281:India
Address Sector 126, Special Economic Zone, Plot No. 3A, Technology Hub, Noida, UP, IND, 201304
HCL Technologies Ltd provides enterprises with IT solutions. It focuses on offering Digital, Internet of Things, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering services to solve business problems for clients. It offers solutions to a variety of industries, including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments: IT and Business Services, Engineering and R&D Services, and HCL Software. The firm emphasizes consultation services for firms, intending to offer them digital and design solutions. The majority of the firm's revenue comes from the IT and Business Services segment. Geographically, it derives maximum revenue from the USA, and the rest from Europe, India, and the Rest of the world.
83GF Score

Get the complete analysis for NSE:HCLTECH

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

₹1,221.20
Price
₹1,785.72
GF Value