Neelam Linens and Garments (India) (NSE:NEELAM) Days Inventory: 186.96 (As of Mar. 2025) — Near Median

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NSE:NEELAM Neelam Linens and Garments (India) Ltd NSE:NEELAM
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What is Neelam Linens and Garments (India) Days Inventory?

Neelam Linens and Garments (India) NSE:NEELAM 10 Days Inventory is 186.96 as of Mar. 2025, which is 7% above its 10-year median of 175.33. GuruFocus rates NSE:NEELAM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Neelam Linens and Garments (India) ranks worse than 82.89% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Neelam Linens and Garments (India)'s Average Total Inventories for the six months ended in Mar. 2025 was ₹478 Mil. Neelam Linens and Garments (India)'s Cost of Goods Sold for the six months ended in Mar. 2025 was ₹933 Mil. Hence, Neelam Linens and Garments (India)'s Days Inventory for the six months ended in Mar. 2025 was 93.48.

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

NSE:NEELAM' s Days Inventory Range Over the Past 10 Years
Min: 141.52   Med: 175.33   Max: 187.91
Current: 186.96

During the past 5 years, Neelam Linens and Garments (India)'s highest Days Inventory was 187.91. The lowest was 141.52. And the median was 175.33.

NSE:NEELAM's Days Inventory is ranked worse than
82.89% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 95.85 vs NSE:NEELAM: 186.96

Neelam Linens and Garments (India)'s Days Inventory increased from Mar. 2023 (175.33) to Mar. 2025 (186.96). It might indicate that Neelam Linens and Garments (India)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neelam Linens and Garments (India)'s Inventory Turnover for the six months ended in Mar. 2025 was 1.95.

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. Neelam Linens and Garments (India)'s Inventory-to-Revenue for the six months ended in Mar. 2025 was 0.43.


Neelam Linens and Garments (India)  (NSE:NEELAM) 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.

Neelam Linens and Garments (India)'s Inventory Turnover for the six months ended in Mar. 2025 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.

Neelam Linens and Garments (India)'s Inventory to Revenue for the six months ended in Mar. 2025 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.


Neelam Linens and Garments (India) Days Inventory Related Terms


Neelam Linens and Garments (India) Days Inventory Historical Data

* Premium members only.

The historical data trend for Neelam Linens and Garments (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.

Neelam Linens and Garments (India) Days Inventory Chart

Neelam Linens and Garments (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory
147.46 141.52 175.33 187.91 186.96

Neelam Linens and Garments (India) Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory 147.46 141.52 175.33 187.91 186.96

NSE:NEELAM vs SN, SGI, MHK: Days Inventory Comparison

For the Furnishings, Fixtures & Appliances subindustry, Neelam Linens and Garments (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.


Neelam Linens and Garments (India) Days Inventory vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neelam Linens and Garments (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Neelam Linens and Garments (India)'s Days Inventory falls into.


NSE:NEELAM
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Neelam Linens and Garments (India) Ltd NSE:NEELAM
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Neelam Linens and Garments (India) Days Inventory Calculation

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

Neelam Linens and Garments (India)'s Days Inventory for the fiscal year that ended in Mar. 2025 is calculated as

Days Inventory (A: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (455.018 + 500.302) / 2 ) / 932.535*365
=477.66 / 932.535*365
=186.96

Neelam Linens and Garments (India)'s Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (455.018 + 500.302) / 2 ) / 932.535*365 / 2
=477.66 / 932.535*365 / 2
=93.48

* 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 186.96 mean?
Neelam Linens and Garments (India) (NSE:NEELAM) has a Days Inventory of 186.96 as of Mar. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Neelam Linens and Garments (India) and its competitors. This is near median its historical median of 175.33. Over the past decade, Neelam Linens and Garments (India)'s Days Inventory has ranged from 141.52 to 187.91. According to the industry distribution chart, Neelam Linens and Garments (India) ranks #344 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 82.9%.
Is Neelam Linens and Garments (India)'s Days Inventory too high?
Neelam Linens and Garments (India)'s current Days Inventory of 186.96 is near median its 10-year median of 175.33. Over the past 10 years, this metric has ranged from a low of 141.52 to a high of 187.91. The Furnishings, Fixtures & Appliances industry median Days Inventory is 95.85. Neelam Linens and Garments (India)'s value of 186.96 is 95.1% above this industry median. Based on the distribution chart, Neelam Linens and Garments (India) ranks #344 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Neelam Linens and Garments (India) has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Neelam Linens and Garments (India)'s Days Inventory compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neelam Linens and Garments (India) ranks #344 out of 415 companies for Days Inventory. This places Neelam Linens and Garments (India) in the lower half of its industry. The industry median Days Inventory is 95.85. Neelam Linens and Garments (India)'s value of 186.96 is 95.1% above this benchmark. Historically, Neelam Linens and Garments (India)'s own Days Inventory has ranged from 141.52 to 187.91 over the past decade. While the company's 10-year median is 175.33 vs. the industry median of 95.85, Neelam Linens and Garments (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 Furnishings, Fixtures & Appliances company?
The median Days Inventory among Furnishings, Fixtures & Appliances companies is 95.85, based on 415 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. Neelam Linens and Garments (India)'s current Days Inventory of 186.96 is 95.1% 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 Neelam Linens and Garments (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Inventory is 95.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelam Linens and Garments (India)'s current Days Inventory is 186.96, which is near median its own 10-year median of 175.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neelam Linens and Garments (India) stock overvalued right now?
Neelam Linens and Garments (India) (NSE:NEELAM) has a current Days Inventory of 186.96. The current Days Inventory is 186.96, which is near median its 10-year median of 175.33 and 95.1% above the Furnishings, Fixtures & Appliances industry median of 95.85. Neelam Linens and Garments (India)'s overall GF Score™ is 10/100 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 Neelam Linens and Garments (India) (NSE:NEELAM), the current Days Inventory is 186.96 as of Mar. 2025. 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.

Neelam Linens and Garments (India) Business Description

Address Sitaram Jadav Marg, Delisle Road, A-1/446-447, 4th Floor, Shah & Nahar Industrial Estate, Lower Parel, Mumbai, MH, IND, 400013
Neelam Linens and Garments (India) Ltd operates as a soft home furnishing company based out of Maharashtra, India, extending its services to various clientele, including USA, Australia and Far East. The company specializes in the processing, finishing and supplying of bedsheets, Pillow cover, Duvet Cover, Towels, Rugs, Doher, Shirts & Garments predominantly for discounted retail outlets. It sources surplus or slightly imperfect fabric from the domestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and other enhancements. Its segment includes the business of Manufacturing of Bedsheets, Shirts and in the trading of Licences. The manufacturing of Bedsheets, Shirts segment derives majority of the revenue.
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