The historical rank and industry rank for Milton Industries's Days Inventory or its related term are showing as below:
NSE:MILTON's Days Inventory is not ranked *
in the Forest Products industry.
Industry Median: 90.2 * Ranked among companies with meaningful Days Inventory only.
Milton Industries's Days Inventory
declined
from Mar. 2022 (174.14) to Mar. 2024 (129.36).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Milton Industries's Inventory Turnover for the
six
months ended in Mar. 2024 was 2.82.
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.
Milton Industries's Inventory-to-Revenue for the
six
months ended in Mar. 2024 was 0.27.
Milton Industries (NSE:MILTON) 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.
Milton Industries's Inventory Turnover for the
six
months ended in Mar. 2024 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.
Milton Industries's Inventory to Revenue for the
six
months ended in Mar. 2024 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.
Milton Industries Days Inventory Related Terms
Milton Industries Days Inventory Historical Data
* Premium members only.
The historical data trend for Milton Industries'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:MILTON vs SSD, UFPI, BCC: Days Inventory Comparison
For the Lumber & Wood Production subindustry, Milton Industries'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.
Milton Industries Days Inventory vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Milton Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Milton Industries'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.
Milton Industries (NSE:MILTON) has a Days Inventory of 129.36 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Milton Industries and its competitors.
Is Milton Industries' Days Inventory too high?
Milton Industries' current Days Inventory is 129.36. The Forest Products industry median Days Inventory is 90.20. Milton Industries' value of 129.36 is 43.4% above this industry median. Overall, Milton Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Milton Industries' Days Inventory compare to SSD and UFPI?
Milton Industries' Days Inventory of 129.36 can be compared against companies in the Forest Products industry. The industry median Days Inventory is 90.20. Milton Industries' value of 129.36 is 43.4% above this benchmark. 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 Forest Products company?
The median Days Inventory among Forest Products companies is 90.20, based on 270 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. Milton Industries's current Days Inventory of 129.36 is 43.4% 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 Milton Industries and its competitors. For the Forest Products industry, the median Days Inventory is 90.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Milton Industries's current Days Inventory is 129.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milton Industries stock overvalued right now?
Milton Industries (NSE:MILTON) has a current Days Inventory of 129.36. The current Days Inventory is 129.36 and 43.4% above the Forest Products industry median of 90.20. Milton Industries' overall GF Score™ is 4/100. 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 Milton Industries (NSE:MILTON), the current Days Inventory is 129.36 as of Mar. 2024. 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.
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters and home kitchens. The majority of the revenue comes from the Indian market.
4GF Score
Get the complete analysis for NSE:MILTON
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MILTON has been successfully added to your 
