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Nandan DenimNSE:NDL -2.07%82 Days Inventory is 28.13 as of Mar. 2026, which is 43% below its 10-year median of 49.47. GuruFocus rates NSE:NDL with a GF Score™ of 82/100 and a GF Value™ of ₹3.65 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,005 Manufacturing - Apparel & Accessories companies, Nandan Denim ranks better than 94.53% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Nandan Denim's Average Total Inventories for the
three
months ended in Mar. 2026 was ₹1,428 Mil. Nandan Denim's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹4,633 Mil.
Hence, Nandan Denim's Days Inventory for the
three
months ended in Mar. 2026 was 28.13.
The historical rank and industry rank for Nandan Denim's Days Inventory or its related term are showing as below:
NSE:NDL'
s Days Inventory Range Over the Past 10 Years
Min: 20.07 Med: 49.47 Max: 79.9
Current: 21.54
During the past 13 years, Nandan Denim's highest Days Inventory was 79.90. The lowest was 20.07. And the median was 49.47.
NSE:NDL's Days Inventory is ranked better than 94.53% of 1005
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.75
vs NSE:NDL: 21.54
Nandan Denim's Days Inventory
increased
from Mar. 2025 (17.13) to Mar. 2026 (28.13).
It might indicate that Nandan Denim's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nandan Denim's Inventory Turnover for the
three
months ended in Mar. 2026 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.
Nandan Denim's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.26.
Nandan Denim (NSE:NDL) 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.
Nandan Denim'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.
Nandan Denim'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.
Nandan Denim Days Inventory Related Terms
Nandan Denim Days Inventory Historical Data
* Premium members only.
The historical data trend for Nandan Denim'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.
For the Textile Manufacturing subindustry, Nandan Denim'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.
Nandan Denim Days Inventory vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nandan Denim's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nandan Denim'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.
Nandan Denim (NSE:NDL) has a Days Inventory of 28.13 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nandan Denim and its competitors. This is 43% below median its historical median of 49.47. Over the past decade, Nandan Denim's Days Inventory has ranged from 20.07 to 79.90. According to the industry distribution chart, Nandan Denim ranks #55 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.5%.
Is Nandan Denim's Days Inventory too high?
Nandan Denim's current Days Inventory of 28.13 is 43% below median its 10-year median of 49.47. Over the past 10 years, this metric has ranged from a low of 20.07 to a high of 79.90. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.75. Nandan Denim's value of 28.13 is 78.8% below this industry median. Based on the distribution chart, Nandan Denim ranks #55 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Nandan Denim has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nandan Denim's Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nandan Denim ranks #55 out of 1005 companies for Days Inventory. This places Nandan Denim in the top 6% of its industry — outperforming the majority of peers. The industry median Days Inventory is 132.75. Nandan Denim's value of 28.13 is 78.8% below this benchmark. Historically, Nandan Denim's own Days Inventory has ranged from 20.07 to 79.90 over the past decade. While the company's 10-year median is 49.47 vs. the industry median of 132.75, Nandan Denim 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 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. Nandan Denim's current Days Inventory of 28.13 is 78.8% 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 Nandan Denim 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. Nandan Denim's current Days Inventory is 28.13, which is 43% below median its own 10-year median of 49.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nandan Denim stock overvalued right now?
Based on GuruFocus' analysis, Nandan Denim (NSE:NDL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹3.65, compared to a current price of ₹2.36 — trading 35.3% below its estimated fair value. The current Days Inventory is 28.13, which is 43% below median its 10-year median of 49.47 and 78.8% below the Manufacturing - Apparel & Accessories industry median of 132.75. Nandan Denim's overall GF Score™ is 82/100 with 4 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 Nandan Denim (NSE:NDL), the current Days Inventory is 28.13 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 Nandan Denim (NSE:NDL) Overvalued in 2026?
Based on GuruFocus' analysis, Nandan Denim stock appears to be undervalued.
The current stock price of ₹2.36 is trading 35.3% below its estimated GF Value™ of ₹3.65.
GuruFocus considers Nandan Denim to be Significantly Undervalued.
Key valuation signals for NSE:NDL:
Days Inventory: 28.13 (43% below median its 10-year median of 49.47)
GF Value™: ₹3.65 vs. price of ₹2.36 (35.3% below fair value)
Industry Position: 78.8% below the Manufacturing - Apparel & Accessories median (#55 of 1005)
No single metric tells the full story. See the NSE:NDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nandan Denim Ltd is engaged in the manufacturing and sale of fabrics. Its product portfolio includes Regular Basic denim, Knit denim, Smart Casuals, Textured, Organic Cotton yarn, Blended yarn, and others. The majority of its revenue is generated from the Indian market and it also exports its products to other countries.
82GF Score
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