Modern Threads (India) (NSE:MODTHREAD) Days Inventory: 188.50 (As of Mar. 2026) — 78% Above Median


NSE:MODTHREAD Modern Threads (India) Ltd NSE:MODTHREAD
38 GF Score
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What is Modern Threads (India) Days Inventory?

Modern Threads (India) NSE:MODTHREAD -5.77% 38 Days Inventory is 188.50 as of Mar. 2026, which is 78% above its 10-year median of 106.15. GuruFocus rates NSE:MODTHREAD with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 1,005 Manufacturing - Apparel & Accessories companies, Modern Threads (India) ranks worse than 55.72% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Modern Threads (India)'s Average Total Inventories for the three months ended in Mar. 2026 was ₹1,046 Mil. Modern Threads (India)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₹506 Mil. Hence, Modern Threads (India)'s Days Inventory for the three months ended in Mar. 2026 was 188.50.

The historical rank and industry rank for Modern Threads (India)'s Days Inventory or its related term are showing as below:

NSE:MODTHREAD' s Days Inventory Range Over the Past 10 Years
Min: 77.44   Med: 106.15   Max: 154.7
Current: 146.65

During the past 11 years, Modern Threads (India)'s highest Days Inventory was 154.70. The lowest was 77.44. And the median was 106.15.

NSE:MODTHREAD's Days Inventory is ranked worse than
55.72% of 1005 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.75 vs NSE:MODTHREAD: 146.65

Modern Threads (India)'s Days Inventory increased from Mar. 2025 (137.18) to Mar. 2026 (188.50). It might indicate that Modern Threads (India)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Modern Threads (India)'s Inventory Turnover for the three months ended in Mar. 2026 was 0.48.

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. Modern Threads (India)'s Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.40.


Modern Threads (India)  (NSE:MODTHREAD) 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.

Modern Threads (India)'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.

Modern Threads (India)'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.


Modern Threads (India) Days Inventory Related Terms


Modern Threads (India) Days Inventory Historical Data

* Premium members only.

The historical data trend for Modern Threads (India)'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.

Modern Threads (India) Days Inventory Chart

Modern Threads (India) 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 104.82 107.48 117.57 133.54 154.70

Modern Threads (India) 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 137.18 128.43 119.61 138.51 188.50

Modern Threads (India) Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Modern Threads (India)'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.


Modern Threads (India) Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Modern Threads (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Modern Threads (India)'s Days Inventory falls into.


NSE:MODTHREAD
38GF Score
Modern Threads (India) Ltd NSE:MODTHREAD
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Modern Threads (India) Days Inventory Calculation

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

Modern Threads (India)'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
=( (765.916 + 1046.198) / 2 ) / 2137.716*365
=906.057 / 2137.716*365
=154.70

Modern Threads (India)'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 + 1046.198) / 1 ) / 506.452*365 / 4
=1046.198 / 506.452*365 / 4
=188.50

* 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 188.50 mean?
Modern Threads (India) (NSE:MODTHREAD) has a Days Inventory of 188.50 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Modern Threads (India) and its competitors. This is 78% above median its historical median of 106.15. Over the past decade, Modern Threads (India)'s Days Inventory has ranged from 77.44 to 154.70. According to the industry distribution chart, Modern Threads (India) ranks #560 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 55.7%.
Is Modern Threads (India)'s Days Inventory too high?
Modern Threads (India)'s current Days Inventory of 188.50 is 78% above median its 10-year median of 106.15. Over the past 10 years, this metric has ranged from a low of 77.44 to a high of 154.70. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.75. Modern Threads (India)'s value of 188.50 is 42% above this industry median. Based on the distribution chart, Modern Threads (India) ranks #560 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Modern Threads (India) has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Modern Threads (India)'s Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Modern Threads (India) ranks #560 out of 1005 companies for Days Inventory. This places Modern Threads (India) in the lower half of its industry. The industry median Days Inventory is 132.75. Modern Threads (India)'s value of 188.50 is 42% above this benchmark. Historically, Modern Threads (India)'s own Days Inventory has ranged from 77.44 to 154.70 over the past decade. While the company's 10-year median is 106.15 vs. the industry median of 132.75, Modern Threads (India) 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 132.75, based on 1,005 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. Modern Threads (India)'s current Days Inventory of 188.50 is 42% 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 Modern Threads (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Threads (India)'s current Days Inventory is 188.50, which is 78% above median its own 10-year median of 106.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Threads (India) stock overvalued right now?
Modern Threads (India) (NSE:MODTHREAD) has a current Days Inventory of 188.50. The current Days Inventory is 188.50, which is 78% above median its 10-year median of 106.15 and 42% above the Manufacturing - Apparel & Accessories industry median of 132.75. Modern Threads (India)'s overall GF Score™ is 38/100 with 3 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 Modern Threads (India) (NSE:MODTHREAD), the current Days Inventory is 188.50 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.

Modern Threads (India) Business Description

Other Exchanges 500282:India
Address Unit: Modern Woollens, Hamirgarh Road, Pragati Path, Near Transport Nagar, Bhilwara, RJ, IND, 311001
Modern Threads (India) Ltd is engaged in the textile industry, manufacturing and selling a diverse products, including worsted yarn, wool tops, wool grease, polyester viscose fiber-dyed yarn, polyester yarn, and lanolin. The company mainly produces worsted yarn, wool tops, and synthetic yarn. Its products are exported to over 25 countries across Europe, Latin America, the Far East, the Middle East, and Africa. Its manufacturing plants are located in Raila and Bhilwara. The company has generated the majority of its revenue from India.
38GF Score

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