Nidan Laboratories and Healthcare (NSE:NIDAN) Days Inventory: 256.99 (As of Mar. 2025)

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NSE:NIDAN Nidan Laboratories and Healthcare Ltd NSE:NIDAN
67 GF Score
Price ₹13.00
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What is Nidan Laboratories and Healthcare Days Inventory?

Nidan Laboratories and Healthcare NSE:NIDAN -3.35% 67 Days Inventory is 256.99 as of Mar. 2025. GuruFocus rates NSE:NIDAN with a GF Score™ of 67/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Nidan Laboratories and Healthcare's Average Total Inventories for the six months ended in Mar. 2025 was ₹4.3 Mil. Nidan Laboratories and Healthcare's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹3.0 Mil. Hence, Nidan Laboratories and Healthcare's Days Inventory for the six months ended in Mar. 2025 was 256.99.

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

NSE:NIDAN's Days Inventory is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 66.965
* Ranked among companies with meaningful Days Inventory only.

Nidan Laboratories and Healthcare's Days Inventory increased from Mar. 2024 (145.84) to Mar. 2025 (256.99). It might indicate that Nidan Laboratories and Healthcare's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nidan Laboratories and Healthcare's Inventory Turnover for the six months ended in Mar. 2025 was 0.71.

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. Nidan Laboratories and Healthcare's Inventory-to-Revenue for the six months ended in Mar. 2025 was 0.03.


Nidan Laboratories and Healthcare  (NSE:NIDAN) 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.

Nidan Laboratories and Healthcare'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.

Nidan Laboratories and Healthcare'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.


Nidan Laboratories and Healthcare Days Inventory Related Terms


Nidan Laboratories and Healthcare Days Inventory Historical Data

* Premium members only.

The historical data trend for Nidan Laboratories and Healthcare'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.

Nidan Laboratories and Healthcare Days Inventory Chart

Nidan Laboratories and Healthcare Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory
Get a 7-Day Free Trial 15.83 19.00 97.37 120.15 199.59

Nidan Laboratories and Healthcare Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 135.53 104.88 145.84 118.28 256.99

NSE:NIDAN vs TMO, DHR, IDXX: Days Inventory Comparison

For the Diagnostics & Research subindustry, Nidan Laboratories and Healthcare'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.


Nidan Laboratories and Healthcare Days Inventory vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Nidan Laboratories and Healthcare's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nidan Laboratories and Healthcare's Days Inventory falls into.


NSE:NIDAN
67GF Score
Nidan Laboratories and Healthcare Ltd NSE:NIDAN
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Nidan Laboratories and Healthcare Days Inventory Calculation

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

Nidan Laboratories and Healthcare'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
=( (3.019 + 5.471) / 2 ) / 7.763*365
=4.245 / 7.763*365
=199.59

Nidan Laboratories and Healthcare'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: Sep. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (3.099 + 5.471) / 2 ) / 3.043*365 / 2
=4.285 / 3.043*365 / 2
=256.99

* 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 256.99 mean?
Nidan Laboratories and Healthcare (NSE:NIDAN) has a Days Inventory of 256.99 as of Mar. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nidan Laboratories and Healthcare and its competitors.
Is Nidan Laboratories and Healthcare's Days Inventory too high?
Nidan Laboratories and Healthcare's current Days Inventory is 256.99. The Medical Diagnostics & Research industry median Days Inventory is 66.97. Nidan Laboratories and Healthcare's value of 256.99 is 283.8% above this industry median. Overall, Nidan Laboratories and Healthcare has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Nidan Laboratories and Healthcare's Days Inventory compare to TMO and DHR?
Nidan Laboratories and Healthcare's Days Inventory of 256.99 can be compared against companies in the Medical Diagnostics & Research industry. The industry median Days Inventory is 66.97. Nidan Laboratories and Healthcare's value of 256.99 is 283.8% 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 Medical Diagnostics & Research company?
The median Days Inventory among Medical Diagnostics & Research companies is 66.97, based on 178 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. Nidan Laboratories and Healthcare's current Days Inventory of 256.99 is 283.8% 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 Nidan Laboratories and Healthcare and its competitors. For the Medical Diagnostics & Research industry, the median Days Inventory is 66.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nidan Laboratories and Healthcare's current Days Inventory is 256.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidan Laboratories and Healthcare stock overvalued right now?
Nidan Laboratories and Healthcare (NSE:NIDAN) has a current Days Inventory of 256.99. The current Days Inventory is 256.99 and 283.8% above the Medical Diagnostics & Research industry median of 66.97. Nidan Laboratories and Healthcare's overall GF Score™ is 67/100. 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 Nidan Laboratories and Healthcare (NSE:NIDAN), the current Days Inventory is 256.99 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.

Nidan Laboratories and Healthcare Business Description

Address Vartak Road, SY No. 294/A H. No. 18, Swapnshilpa Bunglow, Behind Aarti Apartment, Virar West, Palghar, Virar, MH, IND, 401303
Nidan Laboratories and Healthcare Ltd offer diagnostic services including radiology, neurology, cardiology, dental as well as pathology services. The company provides pathology tests ranging from basic biochemistry and clinical pathology to cytogenetic and high-end molecular diagnostic tests, and radiology tests ranging from basic echocardiograms, X-Rays, and ultrasounds to radiology tests including computerized tomography scans, magnetic resonance imaging scans.
67GF Score

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