Mahickra Chemicals (NSE:MAHICKRA) Days Inventory: 136.27 (As of Mar. 2026) — 82% Above Median

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NSE:MAHICKRA Mahickra Chemicals Ltd NSE:MAHICKRA
59 GF Score
Price ₹253.70
GF Value ₹155.11
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Mahickra Chemicals Days Inventory?

Mahickra Chemicals NSE:MAHICKRA +3.23% 59 Days Inventory is 136.27 as of Mar. 2026, which is 82% above its 10-year median of 74.80. GuruFocus rates NSE:MAHICKRA with a GF Score™ of 59/100 and a GF Value™ of ₹155.11 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,541 Chemicals companies, Mahickra Chemicals ranks worse than 77.61% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Mahickra Chemicals's Average Total Inventories for the six months ended in Mar. 2026 was ₹357 Mil. Mahickra Chemicals's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹478 Mil. Hence, Mahickra Chemicals's Days Inventory for the six months ended in Mar. 2026 was 136.27.

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

NSE:MAHICKRA' s Days Inventory Range Over the Past 10 Years
Min: 41.44   Med: 74.8   Max: 209.11
Current: 136.26

During the past 13 years, Mahickra Chemicals's highest Days Inventory was 209.11. The lowest was 41.44. And the median was 74.80.

NSE:MAHICKRA's Days Inventory is ranked worse than
77.61% of 1541 companies
in the Chemicals industry
Industry Median: 80.15 vs NSE:MAHICKRA: 136.26

Mahickra Chemicals's Days Inventory declined from Mar. 2025 (149.74) to Mar. 2026 (136.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mahickra Chemicals's Inventory Turnover for the six months ended in Mar. 2026 was 1.34.

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. Mahickra Chemicals's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.62.


Mahickra Chemicals  (NSE:MAHICKRA) 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.

Mahickra Chemicals's Inventory Turnover for the six 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.

Mahickra Chemicals's Inventory to Revenue for the six 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.


Mahickra Chemicals Days Inventory Related Terms


Mahickra Chemicals Days Inventory Historical Data

* Premium members only.

The historical data trend for Mahickra Chemicals'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.

Mahickra Chemicals Days Inventory Chart

Mahickra Chemicals 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 65.18 74.80 130.12 130.04 135.32

Mahickra Chemicals Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 149.46 110.29 149.74 137.23 136.27

NSE:MAHICKRA vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, Mahickra Chemicals'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.


Mahickra Chemicals Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mahickra Chemicals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mahickra Chemicals's Days Inventory falls into.


NSE:MAHICKRA
59GF Score
Mahickra Chemicals Ltd NSE:MAHICKRA
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahickra Chemicals Days Inventory Calculation

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

Mahickra Chemicals'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
=( (315.571 + 366.008) / 2 ) / 919.244*365
=340.7895 / 919.244*365
=135.32

Mahickra Chemicals'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (347.909 + 366.008) / 2 ) / 478.057*365 / 2
=356.9585 / 478.057*365 / 2
=136.27

* 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 136.27 mean?
Mahickra Chemicals (NSE:MAHICKRA) has a Days Inventory of 136.27 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mahickra Chemicals and its competitors. This is 82% above median its historical median of 74.80. Over the past decade, Mahickra Chemicals' Days Inventory has ranged from 41.44 to 209.11. According to the industry distribution chart, Mahickra Chemicals ranks #1196 out of 1541 companies in the Chemicals industry, placing it in the top 77.6%.
Is Mahickra Chemicals' Days Inventory too high?
Mahickra Chemicals' current Days Inventory of 136.27 is 82% above median its 10-year median of 74.80. Over the past 10 years, this metric has ranged from a low of 41.44 to a high of 209.11. The Chemicals industry median Days Inventory is 80.15. Mahickra Chemicals' value of 136.27 is 70% above this industry median. Based on the distribution chart, Mahickra Chemicals ranks #1196 out of 1541 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Mahickra Chemicals has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahickra Chemicals' Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mahickra Chemicals ranks #1196 out of 1541 companies for Days Inventory. This places Mahickra Chemicals in the lower half of its industry. The industry median Days Inventory is 80.15. Mahickra Chemicals' value of 136.27 is 70% above this benchmark. Historically, Mahickra Chemicals' own Days Inventory has ranged from 41.44 to 209.11 over the past decade. While the company's 10-year median is 74.80 vs. the industry median of 80.15, Mahickra Chemicals 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.15, based on 1,541 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. Mahickra Chemicals's current Days Inventory of 136.27 is 70% 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 Mahickra Chemicals and its competitors. For the Chemicals industry, the median Days Inventory is 80.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahickra Chemicals's current Days Inventory is 136.27, which is 82% above median its own 10-year median of 74.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahickra Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Mahickra Chemicals (NSE:MAHICKRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹155.11, compared to a current price of ₹253.70 — trading 63.6% above its estimated fair value. The current Days Inventory is 136.27, which is 82% above median its 10-year median of 74.80 and 70% above the Chemicals industry median of 80.15. Mahickra Chemicals' overall GF Score™ is 59/100 with 5 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 Mahickra Chemicals (NSE:MAHICKRA), the current Days Inventory is 136.27 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 Mahickra Chemicals (NSE:MAHICKRA) Overvalued in 2026?

Based on GuruFocus' analysis, Mahickra Chemicals stock appears to be overvalued. The current stock price of ₹253.70 is trading 63.6% above its estimated GF Value™ of ₹155.11. GuruFocus considers Mahickra Chemicals to be Significantly Overvalued.

Key valuation signals for NSE:MAHICKRA:

  • Days Inventory: 136.27 (82% above median its 10-year median of 74.80)
  • GF Value™: ₹155.11 vs. price of ₹253.70 (63.6% above fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 70% above the Chemicals median (#1196 of 1541)

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


Mahickra Chemicals Business Description

Address Phase - 3, Plot No. 1201-1202, GIDC, Vatva, Ahmedabad, GJ, IND, 382445
Mahickra Chemicals Ltd is an India-based company engaged in the business of manufacturing and trading of dyes and chemicals. Its product portfolio includes reactive dyes, acid dyes, direct dyes, pigment powder and emulsion, specialty chemicals, and synthetic food colors, among others. The company caters to both the Indian as well as international markets.
59GF Score

Get the complete analysis for NSE:MAHICKRA

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

₹253.70
Price
₹155.11
GF Value