Kitex Garments (NSE:KITEX) Days Inventory: 146.29 (As of Mar. 2026) — Near Median

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NSE:KITEX Kitex Garments Ltd NSE:KITEX
72 GF Score
Price ₹151.66
GF Value ₹134.60
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Kitex Garments Days Inventory?

Kitex Garments NSE:KITEX +0.01% 72 Days Inventory is 146.29 as of Mar. 2026, which is 5% below its 10-year median of 154.05. GuruFocus rates NSE:KITEX with a GF Score™ of 72/100 and a GF Value™ of ₹134.60 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,006 Manufacturing - Apparel & Accessories companies, Kitex Garments ranks worse than 73.46% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Kitex Garments's Average Total Inventories for the three months ended in Mar. 2026 was ₹1,509 Mil. Kitex Garments's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹941 Mil. Hence, Kitex Garments's Days Inventory for the three months ended in Mar. 2026 was 146.29.

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

NSE:KITEX' s Days Inventory Range Over the Past 10 Years
Min: 47.39   Med: 154.05   Max: 242.36
Current: 206.99

During the past 13 years, Kitex Garments's highest Days Inventory was 242.36. The lowest was 47.39. And the median was 154.05.

NSE:KITEX's Days Inventory is ranked worse than
73.46% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.7 vs NSE:KITEX: 206.99

Kitex Garments's Days Inventory increased from Mar. 2025 (113.86) to Mar. 2026 (146.29). It might indicate that Kitex Garments's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kitex Garments's Inventory Turnover for the three months ended in Mar. 2026 was 0.62.

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. Kitex Garments's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.91.


Kitex Garments  (NSE:KITEX) 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.

Kitex Garments'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.

Kitex Garments'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.


Kitex Garments Days Inventory Related Terms


Kitex Garments Days Inventory Historical Data

* Premium members only.

The historical data trend for Kitex Garments'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.

Kitex Garments Days Inventory Chart

Kitex Garments 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 140.06 183.53 190.88 153.26 186.87

Kitex Garments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 113.86 195.14 367.90 218.77 146.29

NSE:KITEX vs RL, LEVI, VFC: Days Inventory Comparison

For the Apparel Manufacturing subindustry, Kitex Garments'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.


Kitex Garments Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kitex Garments's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kitex Garments's Days Inventory falls into.


NSE:KITEX
72GF Score
Kitex Garments Ltd NSE:KITEX
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Kitex Garments Days Inventory Calculation

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

Kitex Garments'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
=( (1906.613 + 1509.203) / 2 ) / 3335.885*365
=1707.908 / 3335.885*365
=186.87

Kitex Garments'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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 1509.203) / 1 ) / 941.363*365 / 4
=1509.203 / 941.363*365 / 4
=146.29

* 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 146.29 mean?
Kitex Garments (NSE:KITEX) has a Days Inventory of 146.29 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Kitex Garments and its competitors. This is near median its historical median of 154.05. Over the past decade, Kitex Garments' Days Inventory has ranged from 47.39 to 242.36. According to the industry distribution chart, Kitex Garments ranks #739 out of 1006 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 73.5%.
Is Kitex Garments' Days Inventory too high?
Kitex Garments' current Days Inventory of 146.29 is near median its 10-year median of 154.05. Over the past 10 years, this metric has ranged from a low of 47.39 to a high of 242.36. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.70. Kitex Garments' value of 146.29 is 10.2% above this industry median. Based on the distribution chart, Kitex Garments ranks #739 out of 1006 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Kitex Garments has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kitex Garments' Days Inventory compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kitex Garments ranks #739 out of 1006 companies for Days Inventory. This places Kitex Garments in the lower half of its industry. The industry median Days Inventory is 132.70. Kitex Garments' value of 146.29 is 10.2% above this benchmark. Historically, Kitex Garments' own Days Inventory has ranged from 47.39 to 242.36 over the past decade. While the company's 10-year median is 154.05 vs. the industry median of 132.70, Kitex Garments 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.70, based on 1,006 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. Kitex Garments's current Days Inventory of 146.29 is 10.2% 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 Kitex Garments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitex Garments's current Days Inventory is 146.29, which is near median its own 10-year median of 154.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitex Garments stock overvalued right now?
Based on GuruFocus' analysis, Kitex Garments (NSE:KITEX) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹134.60, compared to a current price of ₹151.66 — trading 12.7% above its estimated fair value. The current Days Inventory is 146.29, which is near median its 10-year median of 154.05 and 10.2% above the Manufacturing - Apparel & Accessories industry median of 132.70. Kitex Garments' overall GF Score™ is 72/100 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 Kitex Garments (NSE:KITEX), the current Days Inventory is 146.29 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 Kitex Garments (NSE:KITEX) Overvalued in 2026?

Based on GuruFocus' analysis, Kitex Garments stock appears to be overvalued. The current stock price of ₹151.66 is trading 12.7% above its estimated GF Value™ of ₹134.60. GuruFocus considers Kitex Garments to be Modestly Overvalued.

Key valuation signals for NSE:KITEX:

  • Days Inventory: 146.29 (near median its 10-year median of 154.05)
  • GF Value™: ₹134.60 vs. price of ₹151.66 (12.7% above fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 10.2% above the Manufacturing - Apparel & Accessories median (#739 of 1006)

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


Kitex Garments Business Description

Other Exchanges 521248:India
Address Vilangu P.O., Aluva, Kizhakkambalam, Building No. VI/496, Kunnathunad, Kochi, KL, IND, 683561
Kitex Garments Ltd manufactures cotton garments and fabrics. Garments account for the company's revenue and focus on infant wear such as body suits, sleepwear, rompers, burps, bibs, and training pants. Kitex manufactures the products for companies such as Carters, Gerber, Mothercare, Jockey, Children's Place, Kohl's, and Toys R. The company also owns the Little Star brand and licenses the Lamaze brand for distribution in the United States and Canada. Kitex exports almost all the garments it produces, which it manufactures in India, to the United States and Europe.
72GF Score

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

₹151.66
Price
₹134.60
GF Value