Innovative Tyres & Tubes (NSE:ITTL) Days Inventory: 56.28 (As of Sep. 2025) — 52% Below Median


NSE:ITTL Innovative Tyres & Tubes Ltd NSE:ITTL
47 GF Score
Price ₹73.50
GF Value ₹66.70
Valuation Fairly Valued
! 6 Warning Signs
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What is Innovative Tyres & Tubes Days Inventory?

Innovative Tyres & Tubes NSE:ITTL -2.00% 47 Days Inventory is 56.28 as of Sep. 2025, which is 52% below its 10-year median of 116.92. GuruFocus rates NSE:ITTL with a GF Score™ of 47/100 and a GF Value™ of ₹66.70 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,293 Vehicles & Parts companies, Innovative Tyres & Tubes ranks better than 77.73% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Innovative Tyres & Tubes's Average Total Inventories for the six months ended in Sep. 2025 was ₹80.0 Mil. Innovative Tyres & Tubes's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹259.4 Mil. Hence, Innovative Tyres & Tubes's Days Inventory for the six months ended in Sep. 2025 was 56.28.

The historical rank and industry rank for Innovative Tyres & Tubes's Days Inventory or its related term are showing as below:

NSE:ITTL' s Days Inventory Range Over the Past 10 Years
Min: 39   Med: 116.92   Max: 181.54
Current: 49.82

During the past 13 years, Innovative Tyres & Tubes's highest Days Inventory was 181.54. The lowest was 39.00. And the median was 116.92.

NSE:ITTL's Days Inventory is ranked better than
77.73% of 1293 companies
in the Vehicles & Parts industry
Industry Median: 80.33 vs NSE:ITTL: 49.82

Innovative Tyres & Tubes's Days Inventory increased from Sep. 2024 (31.35) to Sep. 2025 (56.28). It might indicate that Innovative Tyres & Tubes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Innovative Tyres & Tubes's Inventory Turnover for the six months ended in Sep. 2025 was 3.24.

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. Innovative Tyres & Tubes's Inventory-to-Revenue for the six months ended in Sep. 2025 was 0.21.


Innovative Tyres & Tubes  (NSE:ITTL) 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.

Innovative Tyres & Tubes's Inventory Turnover for the six months ended in Sep. 2025 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.

Innovative Tyres & Tubes's Inventory to Revenue for the six months ended in Sep. 2025 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.


Innovative Tyres & Tubes Days Inventory Related Terms


Innovative Tyres & Tubes Days Inventory Historical Data

* Premium members only.

The historical data trend for Innovative Tyres & Tubes'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.

Innovative Tyres & Tubes Days Inventory Chart

Innovative Tyres & Tubes Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.65 91.27 181.54 39.00 41.23

Innovative Tyres & Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.00 25.64 31.35 41.38 56.28

NSE:ITTL vs ORLY, AZO: Days Inventory Comparison

For the Auto Parts subindustry, Innovative Tyres & Tubes'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.


Innovative Tyres & Tubes Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Innovative Tyres & Tubes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Innovative Tyres & Tubes's Days Inventory falls into.


NSE:ITTL
47GF Score
Innovative Tyres & Tubes Ltd NSE:ITTL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Tyres & Tubes Days Inventory Calculation

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

Innovative Tyres & Tubes's Days Inventory for the fiscal year that ended in Mar. 2025 is calculated as

Days Inventory (A: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (28.897 + 63.187) / 2 ) / 407.62*365
=46.042 / 407.62*365
=41.23

Innovative Tyres & Tubes's Days Inventory for the quarter that ended in Sep. 2025 is calculated as:

Days Inventory (Q: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2025 ) + Total Inventories (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (63.187 + 96.785) / 2 ) / 259.365*365 / 2
=79.986 / 259.365*365 / 2
=56.28

* 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 56.28 mean?
Innovative Tyres & Tubes (NSE:ITTL) has a Days Inventory of 56.28 as of Sep. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Innovative Tyres & Tubes and its competitors. This is 52% below median its historical median of 116.92. Over the past decade, Innovative Tyres & Tubes' Days Inventory has ranged from 39.00 to 181.54. According to the industry distribution chart, Innovative Tyres & Tubes ranks #288 out of 1293 companies in the Vehicles & Parts industry, placing it in the top 22.3%.
Is Innovative Tyres & Tubes' Days Inventory too high?
Innovative Tyres & Tubes' current Days Inventory of 56.28 is 52% below median its 10-year median of 116.92. Over the past 10 years, this metric has ranged from a low of 39.00 to a high of 181.54. The Vehicles & Parts industry median Days Inventory is 80.33. Innovative Tyres & Tubes' value of 56.28 is 29.9% below this industry median. Based on the distribution chart, Innovative Tyres & Tubes ranks #288 out of 1293 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Innovative Tyres & Tubes has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovative Tyres & Tubes' Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Innovative Tyres & Tubes ranks #288 out of 1293 companies for Days Inventory. This places Innovative Tyres & Tubes in the top 22% of its industry — outperforming the majority of peers. The industry median Days Inventory is 80.33. Innovative Tyres & Tubes' value of 56.28 is 29.9% below this benchmark. Historically, Innovative Tyres & Tubes' own Days Inventory has ranged from 39.00 to 181.54 over the past decade. While the company's 10-year median is 116.92 vs. the industry median of 80.33, Innovative Tyres & Tubes 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 Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.33, based on 1,293 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. Innovative Tyres & Tubes's current Days Inventory of 56.28 is 29.9% 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 Innovative Tyres & Tubes and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Tyres & Tubes's current Days Inventory is 56.28, which is 52% below median its own 10-year median of 116.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Tyres & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Innovative Tyres & Tubes (NSE:ITTL) is currently considered Fairly Valued. The stock's GF Value™ is ₹66.70, compared to a current price of ₹73.50 — trading 10.2% above its estimated fair value. The current Days Inventory is 56.28, which is 52% below median its 10-year median of 116.92 and 29.9% below the Vehicles & Parts industry median of 80.33. Innovative Tyres & Tubes' overall GF Score™ is 47/100 with 6 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 Innovative Tyres & Tubes (NSE:ITTL), the current Days Inventory is 56.28 as of Sep. 2025. 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 Innovative Tyres & Tubes (NSE:ITTL) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Tyres & Tubes stock appears to be overvalued. The current stock price of ₹73.50 is trading 10.2% above its estimated GF Value™ of ₹66.70. GuruFocus considers Innovative Tyres & Tubes to be Fairly Valued.

Key valuation signals for NSE:ITTL:

  • Days Inventory: 56.28 (52% below median its 10-year median of 116.92)
  • GF Value™: ₹66.70 vs. price of ₹73.50 (10.2% above fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 29.9% below the Vehicles & Parts median (#288 of 1293)

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


Innovative Tyres & Tubes Business Description

Address 1201, 1202, 1203 GIDC Halol, Panchmahal, Halol, GJ, IND, 389350
Innovative Tyres & Tubes Ltd is a manufacturer and exporter of Bias Tyres in India, generating the majority of its revenue domestically. The company offers a product portfolio across the Truck/Bus, Agricultural & OTR, and Motorcycle/3-wheeler segments from two nearby manufacturing units. Its product range includes tyres for light motorcycles up to heavy off-the-road mining vehicles. The company serves both domestic and export markets, supplying to over 40 countries and partnering with brands in India. Its product lineup includes mining tyres, agriculture tyres, motorcycle and scooter tyres, three-wheeler and passenger vehicle tyres, light-truck, truck and bus tyres, and special-purpose tyres.
47GF Score

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

₹73.50
Price
₹66.70
GF Value