NOCIL (NSE:NOCIL) Days Inventory: 71.95 (As of Mar. 2026) — 34% Below Median


NSE:NOCIL NOCIL Ltd NSE:NOCIL
86 GF Score
Price ₹175.44
GF Value ₹193.84
Valuation Fairly Valued
! 8 Warning Signs
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What is NOCIL Days Inventory?

NOCIL NSE:NOCIL -1.38% 86 Days Inventory is 71.95 as of Mar. 2026, which is 34% below its 10-year median of 109.65. GuruFocus rates NSE:NOCIL with a GF Score™ of 86/100 and a GF Value™ of ₹193.84 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,540 Chemicals companies, NOCIL ranks worse than 63.18% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). NOCIL's Average Total Inventories for the three months ended in Mar. 2026 was ₹1,577 Mil. NOCIL's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,000 Mil. Hence, NOCIL's Days Inventory for the three months ended in Mar. 2026 was 71.95.

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

NSE:NOCIL' s Days Inventory Range Over the Past 10 Years
Min: 99.85   Med: 109.65   Max: 136.53
Current: 102.16

During the past 13 years, NOCIL's highest Days Inventory was 136.53. The lowest was 99.85. And the median was 109.65.

NSE:NOCIL's Days Inventory is ranked worse than
63.18% of 1540 companies
in the Chemicals industry
Industry Median: 80.59 vs NSE:NOCIL: 102.16

NOCIL's Days Inventory declined from Mar. 2025 (129.39) to Mar. 2026 (71.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. NOCIL's Inventory Turnover for the three months ended in Mar. 2026 was 1.27.

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. NOCIL's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.48.


NOCIL  (NSE:NOCIL) 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.

NOCIL'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.

NOCIL'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.


NOCIL Days Inventory Related Terms


NOCIL Days Inventory Historical Data

* Premium members only.

The historical data trend for NOCIL'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.

NOCIL Days Inventory Chart

NOCIL 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 101.42 121.44 109.04 110.25 99.85

NOCIL 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 129.39 132.74 98.77 101.16 71.95

NSE:NOCIL vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, NOCIL'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.


NOCIL Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, NOCIL's Days Inventory distribution charts can be found below:

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


NSE:NOCIL
86GF Score
NOCIL Ltd NSE:NOCIL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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NOCIL Days Inventory Calculation

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

NOCIL'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
=( (2813.5 + 1577.1) / 2 ) / 8025.1*365
=2195.3 / 8025.1*365
=99.85

NOCIL'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 + 1577.1) / 1 ) / 2000.2*365 / 4
=1577.1 / 2000.2*365 / 4
=71.95

* 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 71.95 mean?
NOCIL (NSE:NOCIL) has a Days Inventory of 71.95 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NOCIL and its competitors. This is 34% below median its historical median of 109.65. Over the past decade, NOCIL's Days Inventory has ranged from 99.85 to 136.53. According to the industry distribution chart, NOCIL ranks #973 out of 1540 companies in the Chemicals industry, placing it in the top 63.2%.
Is NOCIL's Days Inventory too high?
NOCIL's current Days Inventory of 71.95 is 34% below median its 10-year median of 109.65. Over the past 10 years, this metric has ranged from a low of 99.85 to a high of 136.53. The Chemicals industry median Days Inventory is 80.59. NOCIL's value of 71.95 is 10.7% below this industry median. Based on the distribution chart, NOCIL ranks #973 out of 1540 companies in the Chemicals industry, which is below the industry midpoint. Overall, NOCIL has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NOCIL's Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, NOCIL ranks #973 out of 1540 companies for Days Inventory. This places NOCIL in the lower half of its industry. The industry median Days Inventory is 80.59. NOCIL's value of 71.95 is 10.7% below this benchmark. Historically, NOCIL's own Days Inventory has ranged from 99.85 to 136.53 over the past decade. While the company's 10-year median is 109.65 vs. the industry median of 80.59, NOCIL 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.59, based on 1,540 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. NOCIL's current Days Inventory of 71.95 is 10.7% 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 NOCIL and its competitors. For the Chemicals industry, the median Days Inventory is 80.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOCIL's current Days Inventory is 71.95, which is 34% below median its own 10-year median of 109.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOCIL stock overvalued right now?
Based on GuruFocus' analysis, NOCIL (NSE:NOCIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹193.84, compared to a current price of ₹175.44 — trading 9.5% below its estimated fair value. The current Days Inventory is 71.95, which is 34% below median its 10-year median of 109.65 and 10.7% below the Chemicals industry median of 80.59. NOCIL's overall GF Score™ is 86/100 with 8 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 NOCIL (NSE:NOCIL), the current Days Inventory is 71.95 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 NOCIL (NSE:NOCIL) Overvalued in 2026?

Based on GuruFocus' analysis, NOCIL stock appears to be undervalued. The current stock price of ₹175.44 is trading 9.5% below its estimated GF Value™ of ₹193.84. GuruFocus considers NOCIL to be Fairly Valued.

Key valuation signals for NSE:NOCIL:

  • Days Inventory: 71.95 (34% below median its 10-year median of 109.65)
  • GF Value™: ₹193.84 vs. price of ₹175.44 (9.5% below fair value)
  • GF Score™: 86/100 with 8 warning signs
  • Industry Position: 10.7% below the Chemicals median (#973 of 1540)

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


NOCIL Business Description

Other Exchanges 500730:India
Address H.T. Parekh Marg, Mafatlal House, 3rd Floor, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400020
NOCIL Ltd is an Indian company that is engaged in the business of manufacturing and selling rubber chemicals. The diverse product line of the company includes accelerators, anti-degradants, antioxidants, pre-vulcanization inhibitors, and post-vulcanization stabilizers. The tyre industry and other rubber processing industries use the products manufactured by the company. Geographically, the group derives revenue from customers located within India and other international countries, of which a majority of the revenue is generated within India.
86GF Score

Get the complete analysis for NSE:NOCIL

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

₹175.44
Price
₹193.84
GF Value