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HFCLNSE:HFCL +4.84%56 Days Inventory is 110.54 as of Mar. 2026, which is 98% above its 10-year median of 55.69. GuruFocus rates NSE:HFCL with a GF Score™ of 56/100 and a GF Value™ of ₹95.39 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,419 Hardware companies, HFCL ranks worse than 67.84% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). HFCL's Average Total Inventories for the
three
months ended in Mar. 2026 was ₹14,160 Mil. HFCL's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹11,689 Mil.
Hence, HFCL's Days Inventory for the
three
months ended in Mar. 2026 was 110.54.
The historical rank and industry rank for HFCL's Days Inventory or its related term are showing as below:
NSE:HFCL'
s Days Inventory Range Over the Past 10 Years
Min: 22.16 Med: 55.69 Max: 131.94
Current: 131.71
During the past 13 years, HFCL's highest Days Inventory was 131.94. The lowest was 22.16. And the median was 55.69.
NSE:HFCL's Days Inventory is ranked worse than 67.84% of 2419
companies
in the Hardware industry
Industry Median: 94.24
vs NSE:HFCL: 131.71
HFCL's Days Inventory
declined
from Mar. 2025 (126.25) to Mar. 2026 (110.54).
Inventory Turnover measures how fast the company turns over its inventory within a year.
HFCL's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.83.
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.
HFCL's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.78.
HFCL (NSE:HFCL) 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.
HFCL'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.
HFCL'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.
HFCL Days Inventory Related Terms
HFCL Days Inventory Historical Data
* Premium members only.
The historical data trend for HFCL'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:HFCL vs CSCO, CIEN, MSI: Days Inventory Comparison
For the Communication Equipment subindustry, HFCL'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.
HFCL Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, HFCL's Days Inventory distribution charts can be found below:
* The bar in red indicates where HFCL'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.
HFCL (NSE:HFCL) has a Days Inventory of 110.54 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on HFCL and its competitors. This is 98% above median its historical median of 55.69. Over the past decade, HFCL's Days Inventory has ranged from 22.16 to 131.94. According to the industry distribution chart, HFCL ranks #1641 out of 2419 companies in the Hardware industry, placing it in the top 67.8%.
Is HFCL's Days Inventory too high?
HFCL's current Days Inventory of 110.54 is 98% above median its 10-year median of 55.69. Over the past 10 years, this metric has ranged from a low of 22.16 to a high of 131.94. The Hardware industry median Days Inventory is 94.24. HFCL's value of 110.54 is 17.3% above this industry median. Based on the distribution chart, HFCL ranks #1641 out of 2419 companies in the Hardware industry, which is below the industry midpoint. Overall, HFCL has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HFCL's Days Inventory compare to CSCO and CIEN?
According to the Hardware industry distribution chart, HFCL ranks #1641 out of 2419 companies for Days Inventory. This places HFCL in the lower half of its industry. The industry median Days Inventory is 94.24. HFCL's value of 110.54 is 17.3% above this benchmark. Historically, HFCL's own Days Inventory has ranged from 22.16 to 131.94 over the past decade. While the company's 10-year median is 55.69 vs. the industry median of 94.24, HFCL 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 Hardware company?
The median Days Inventory among Hardware companies is 94.24, based on 2,419 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. HFCL's current Days Inventory of 110.54 is 17.3% 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 HFCL and its competitors. For the Hardware industry, the median Days Inventory is 94.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HFCL's current Days Inventory is 110.54, which is 98% above median its own 10-year median of 55.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HFCL stock overvalued right now?
Based on GuruFocus' analysis, HFCL (NSE:HFCL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹95.39, compared to a current price of ₹223.08 — trading 133.9% above its estimated fair value. The current Days Inventory is 110.54, which is 98% above median its 10-year median of 55.69 and 17.3% above the Hardware industry median of 94.24. HFCL's overall GF Score™ is 56/100 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 HFCL (NSE:HFCL), the current Days Inventory is 110.54 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 HFCL (NSE:HFCL) Overvalued in 2026?
Based on GuruFocus' analysis, HFCL stock appears to be overvalued.
The current stock price of ₹223.08 is trading 133.9% above its estimated GF Value™ of ₹95.39.
GuruFocus considers HFCL to be Significantly Overvalued.
Key valuation signals for NSE:HFCL:
Days Inventory: 110.54 (98% above median its 10-year median of 55.69)
GF Value™: ₹95.39 vs. price of ₹223.08 (133.9% above fair value)
Industry Position: 17.3% above the Hardware median (#1641 of 2419)
No single metric tells the full story. See the NSE:HFCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HFCL Ltd is an Indian manufacturer and exporter of optical fiber cables and broadband equipment for the telecommunication industry. Firm business segments include Telecom Products and Turnkey Contracts Services. The Telecom Product segment produces optical fiber cable, optical fiber, and telecom equipment. The Turnkey Contracts and services segment is engaged in delivering telecom infrastructure and communication network systems for Telecom Operators, Defence Services, Railways, Safe and Smart Cities, etc. The firm's products and solutions include Fiber optics, Telecommunication, Defence, and Passive Networking Components. It generates substantial revenue from the sale of turnkey projects and related activities.
56GF Score
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