Innomet Advanced Materials (NSE:INNOMET) Days Inventory: 52.23 (As of Mar. 2026) — 74% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:INNOMET Innomet Advanced Materials Ltd NSE:INNOMET
44 GF Score
Price ₹281.05
! 7 Warning Signs
View Full Analysis

What is Innomet Advanced Materials Days Inventory?

Innomet Advanced Materials NSE:INNOMET -0.95% 44 Days Inventory is 52.23 as of Mar. 2026, which is 74% below its 10-year median of 202.15. GuruFocus rates NSE:INNOMET with a GF Score™ of 44/100. The stock has 7 warning signs investors should review. Among 691 Metals & Mining companies, Innomet Advanced Materials ranks worse than 85.82% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Innomet Advanced Materials's Average Total Inventories for the three months ended in Mar. 2026 was ₹137.0 Mil. Innomet Advanced Materials's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹239.4 Mil. Hence, Innomet Advanced Materials's Days Inventory for the three months ended in Mar. 2026 was 52.23.

The historical rank and industry rank for Innomet Advanced Materials's Days Inventory or its related term are showing as below:

NSE:INNOMET' s Days Inventory Range Over the Past 10 Years
Min: 117.3   Med: 202.15   Max: 272.09
Current: 208.91

During the past 6 years, Innomet Advanced Materials's highest Days Inventory was 272.09. The lowest was 117.30. And the median was 202.15.

NSE:INNOMET's Days Inventory is ranked worse than
85.82% of 691 companies
in the Metals & Mining industry
Industry Median: 85.46 vs NSE:INNOMET: 208.91

Innomet Advanced Materials's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2026 (52.23). It might indicate that Innomet Advanced Materials's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Innomet Advanced Materials's Inventory Turnover for the three months ended in Mar. 2026 was 1.75.

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. Innomet Advanced Materials's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.45.


Innomet Advanced Materials  (NSE:INNOMET) 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.

Innomet Advanced Materials'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.

Innomet Advanced Materials'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.


Innomet Advanced Materials Days Inventory Related Terms


Innomet Advanced Materials Days Inventory Historical Data

* Premium members only.

The historical data trend for Innomet Advanced Materials'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.

Innomet Advanced Materials Days Inventory Chart

Innomet Advanced Materials Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 150.11 200.40 213.59 203.89 117.30

Innomet Advanced Materials Quarterly Data
Mar21 Mar22 Mar23 Sep23 Mar24 Mar25 Mar26
Days Inventory Get a 7-Day Free Trial 0.00 82.44 147.90 83.67 52.23

Innomet Advanced Materials Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Innomet Advanced Materials'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.


Innomet Advanced Materials Days Inventory vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Innomet Advanced Materials's Days Inventory distribution charts can be found below:

* The bar in red indicates where Innomet Advanced Materials's Days Inventory falls into.


NSE:INNOMET
44GF Score
Innomet Advanced Materials Ltd NSE:INNOMET
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innomet Advanced Materials Days Inventory Calculation

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

Innomet Advanced Materials'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
=( (137.592 + 136.469) / 2 ) / 426.403*365
=137.0305 / 426.403*365
=117.30

Innomet Advanced Materials'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
=( (137.592 + 136.469) / 2 ) / 239.414*365 / 4
=137.0305 / 239.414*365 / 4
=52.23

* 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 52.23 mean?
Innomet Advanced Materials (NSE:INNOMET) has a Days Inventory of 52.23 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Innomet Advanced Materials and its competitors. This is 74% below median its historical median of 202.15. Over the past decade, Innomet Advanced Materials' Days Inventory has ranged from 117.30 to 272.09. According to the industry distribution chart, Innomet Advanced Materials ranks #593 out of 691 companies in the Metals & Mining industry, placing it in the top 85.8%.
Is Innomet Advanced Materials' Days Inventory too high?
Innomet Advanced Materials' current Days Inventory of 52.23 is 74% below median its 10-year median of 202.15. Over the past 10 years, this metric has ranged from a low of 117.30 to a high of 272.09. The Metals & Mining industry median Days Inventory is 85.46. Innomet Advanced Materials' value of 52.23 is 38.9% below this industry median. Based on the distribution chart, Innomet Advanced Materials ranks #593 out of 691 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Innomet Advanced Materials has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Innomet Advanced Materials' Days Inventory compare to competitors?
According to the Metals & Mining industry distribution chart, Innomet Advanced Materials ranks #593 out of 691 companies for Days Inventory. This places Innomet Advanced Materials in the lower half of its industry. The industry median Days Inventory is 85.46. Innomet Advanced Materials' value of 52.23 is 38.9% below this benchmark. Historically, Innomet Advanced Materials' own Days Inventory has ranged from 117.30 to 272.09 over the past decade. While the company's 10-year median is 202.15 vs. the industry median of 85.46, Innomet Advanced Materials 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 Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 85.46, 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. Innomet Advanced Materials's current Days Inventory of 52.23 is 38.9% 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 Innomet Advanced Materials and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innomet Advanced Materials's current Days Inventory is 52.23, which is 74% below median its own 10-year median of 202.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innomet Advanced Materials stock overvalued right now?
Innomet Advanced Materials (NSE:INNOMET) has a current Days Inventory of 52.23. The current Days Inventory is 52.23, which is 74% below median its 10-year median of 202.15 and 38.9% below the Metals & Mining industry median of 85.46. Innomet Advanced Materials' overall GF Score™ is 44/100 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 Innomet Advanced Materials (NSE:INNOMET), the current Days Inventory is 52.23 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.

Innomet Advanced Materials Business Description

Address B-31, BHEL Ancillary Industrial Estate, Ramachandrapuram, Medak, Hyderabad, TG, IND, 502032
Innomet Advanced Materials Ltd is involved in manufacturing and supplying ferrous and non-ferrous metal/alloy powders and tungsten heavy alloy components. It has two divisions under the brand names Innomet Powders and Innotung. Innomet Powders produces metal and alloy powders using water, air, and gas atomization processes. Innotung is the brand name for the tungsten heavy alloy series made through powder metallurgy by the company. It supplies these materials as bars, plates, cubes, spheres, and components of various sizes and shapes, also in finished machined condition according to customer drawings. The company operates in two product segments: metal powders and tungsten heavy alloys.
44GF Score

Get the complete analysis for NSE:INNOMET

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

₹281.05
Price