Nibe (NSE:NIBE) Days Inventory: 20.20 (As of Mar. 2026) — 94% Below Median


NSE:NIBE Nibe Ltd NSE:NIBE
68 GF Score
Price ₹1,648.00
GF Value ₹1,381.91
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Nibe Days Inventory?

Nibe NSE:NIBE -0.48% 68 Days Inventory is 20.20 as of Mar. 2026, which is 94% below its 10-year median of 333.82. GuruFocus rates NSE:NIBE with a GF Score™ of 68/100 and a GF Value™ of ₹1,381.91 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 496 Conglomerates companies, Nibe ranks better than 85.48% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nibe's Average Total Inventories for the three months ended in Mar. 2026 was ₹402 Mil. Nibe's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,816 Mil. Hence, Nibe's Days Inventory for the three months ended in Mar. 2026 was 20.20.

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

NSE:NIBE' s Days Inventory Range Over the Past 10 Years
Min: 15.47   Med: 333.82   Max: 1167.32
Current: 21.02

During the past 13 years, Nibe's highest Days Inventory was 1167.32. The lowest was 15.47. And the median was 333.82.

NSE:NIBE's Days Inventory is ranked better than
85.48% of 496 companies
in the Conglomerates industry
Industry Median: 72.82 vs NSE:NIBE: 21.02

Nibe's Days Inventory increased from Mar. 2025 (13.78) to Mar. 2026 (20.20). It might indicate that Nibe's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nibe's Inventory Turnover for the three months ended in Mar. 2026 was 4.52.

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. Nibe's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.15.


Nibe  (NSE:NIBE) 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.

Nibe'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.

Nibe'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.


Nibe Days Inventory Related Terms


Nibe Days Inventory Historical Data

* Premium members only.

The historical data trend for Nibe'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.

Nibe Days Inventory Chart

Nibe 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 212.21 48.16 25.46 15.47 28.12

Nibe 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 13.78 17.32 9.98 16.06 20.20

NSE:NIBE vs HON, MMM: Days Inventory Comparison

For the Conglomerates subindustry, Nibe'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.


Nibe Days Inventory vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nibe's Days Inventory distribution charts can be found below:

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


NSE:NIBE
68GF Score
Nibe Ltd NSE:NIBE
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nibe Days Inventory Calculation

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

Nibe'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
=( (122.469 + 401.956) / 2 ) / 3403.066*365
=262.2125 / 3403.066*365
=28.12

Nibe'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 + 401.956) / 1 ) / 1816.011*365 / 4
=401.956 / 1816.011*365 / 4
=20.20

* 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 20.20 mean?
Nibe (NSE:NIBE) has a Days Inventory of 20.20 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nibe and its competitors. This is 94% below median its historical median of 333.82. Over the past decade, Nibe's Days Inventory has ranged from 15.47 to 1,167.32. According to the industry distribution chart, Nibe ranks #72 out of 496 companies in the Conglomerates industry, placing it in the top 14.5%.
Is Nibe's Days Inventory too high?
Nibe's current Days Inventory of 20.20 is 94% below median its 10-year median of 333.82. Over the past 10 years, this metric has ranged from a low of 15.47 to a high of 1,167.32. The Conglomerates industry median Days Inventory is 72.82. Nibe's value of 20.20 is 72.3% below this industry median. Based on the distribution chart, Nibe ranks #72 out of 496 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Nibe has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nibe's Days Inventory compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nibe ranks #72 out of 496 companies for Days Inventory. This places Nibe in the top 15% of its industry — outperforming the majority of peers. The industry median Days Inventory is 72.82. Nibe's value of 20.20 is 72.3% below this benchmark. Historically, Nibe's own Days Inventory has ranged from 15.47 to 1,167.32 over the past decade. While the company's 10-year median is 333.82 vs. the industry median of 72.82, Nibe 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 Conglomerates company?
The median Days Inventory among Conglomerates companies is 72.82, based on 496 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. Nibe's current Days Inventory of 20.20 is 72.3% 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 Nibe and its competitors. For the Conglomerates industry, the median Days Inventory is 72.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nibe's current Days Inventory is 20.20, which is 94% below median its own 10-year median of 333.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nibe stock overvalued right now?
Based on GuruFocus' analysis, Nibe (NSE:NIBE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,381.91, compared to a current price of ₹1,648.00 — trading 19.3% above its estimated fair value. The current Days Inventory is 20.20, which is 94% below median its 10-year median of 333.82 and 72.3% below the Conglomerates industry median of 72.82. Nibe's overall GF Score™ is 68/100 with 7 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 Nibe (NSE:NIBE), the current Days Inventory is 20.20 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 Nibe (NSE:NIBE) Overvalued in 2026?

Based on GuruFocus' analysis, Nibe stock appears to be overvalued. The current stock price of ₹1,648.00 is trading 19.3% above its estimated GF Value™ of ₹1,381.91. GuruFocus considers Nibe to be Modestly Overvalued.

Key valuation signals for NSE:NIBE:

  • Days Inventory: 20.20 (94% below median its 10-year median of 333.82)
  • GF Value™: ₹1,381.91 vs. price of ₹1,648.00 (19.3% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 72.3% below the Conglomerates median (#72 of 496)

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


Nibe Business Description

Other Exchanges 535136:India
Address Phase III, MIDC Industrial Area, Plot No. E-2/2, Nanekarwadi CT, Chakan, Taluka Khed, Pune, MH, IND, 410501
Nibe Ltd is engaged in the business of fabrication and machining of components used in the defence sector as well as the assembly of components of E-vehicles. The products offered by the company include joystick consoles, ruggedised panel PC, ethernet switches, console panel PC, electronic bikes and rickshaws, and batteries and related components for electric vehicles among others. Geographically, the company derives a majority of its revenue from its business in India and also exports its products to other countries.
68GF Score

Get the complete analysis for NSE:NIBE

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

₹1,648.00
Price
₹1,381.91
GF Value