Onyx BiotecNSE:ONYX +4.89%26 Days Inventory is 93.23 as of Mar. 2026, which is 14% above its 10-year median of 81.45. GuruFocus rates NSE:ONYX with a GF Score™ of 26/100. The stock has 6 warning signs investors should review. Among 788 Medical Devices & Instruments companies, Onyx Biotec ranks better than 80.96% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Onyx Biotec's Average Total Inventories for the
six
months ended in Mar. 2026 was ₹130.4 Mil. Onyx Biotec's Cost of Goods Sold for the
six
months ended in Mar. 2026 was ₹255.3 Mil.
Hence, Onyx Biotec's Days Inventory for the
six
months ended in Mar. 2026 was 93.23.
The historical rank and industry rank for Onyx Biotec's Days Inventory or its related term are showing as below:
NSE:ONYX'
s Days Inventory Range Over the Past 10 Years
Min: 42.01 Med: 81.45 Max: 117.54
Current: 99.37
During the past 5 years, Onyx Biotec's highest Days Inventory was 117.54. The lowest was 42.01. And the median was 81.45.
NSE:ONYX's Days Inventory is ranked better than 80.96% of 788
companies
in the Medical Devices & Instruments industry
Industry Median: 179.115
vs NSE:ONYX: 99.37
Onyx Biotec's Days Inventory
declined
from Mar. 2025 (143.07) to Mar. 2026 (93.23).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Onyx Biotec's Inventory Turnover for the
six
months ended in Mar. 2026 was 1.96.
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.
Onyx Biotec's Inventory-to-Revenue for the
six
months ended in Mar. 2026 was 0.37.
Onyx Biotec (NSE:ONYX) 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.
Onyx Biotec's Inventory Turnover for the
six
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.
Onyx Biotec's Inventory to Revenue for the
six
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.
Onyx Biotec Days Inventory Related Terms
Onyx Biotec Days Inventory Historical Data
* Premium members only.
The historical data trend for Onyx Biotec'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.
NSE:ONYX vs ISRG, BDX, MDLN: Days Inventory Comparison
For the Medical Instruments & Supplies subindustry, Onyx Biotec'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.
Onyx Biotec Days Inventory vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Onyx Biotec's Days Inventory distribution charts can be found below:
* The bar in red indicates where Onyx Biotec'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.
Onyx Biotec (NSE:ONYX) has a Days Inventory of 93.23 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Onyx Biotec and its competitors. This is 14% above median its historical median of 81.45. Over the past decade, Onyx Biotec's Days Inventory has ranged from 42.01 to 117.54. According to the industry distribution chart, Onyx Biotec ranks #150 out of 788 companies in the Medical Devices & Instruments industry, placing it in the top 19%.
Is Onyx Biotec's Days Inventory too high?
Onyx Biotec's current Days Inventory of 93.23 is 14% above median its 10-year median of 81.45. Over the past 10 years, this metric has ranged from a low of 42.01 to a high of 117.54. The Medical Devices & Instruments industry median Days Inventory is 179.12. Onyx Biotec's value of 93.23 is 47.9% below this industry median. Based on the distribution chart, Onyx Biotec ranks #150 out of 788 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Onyx Biotec has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Onyx Biotec's Days Inventory compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Onyx Biotec ranks #150 out of 788 companies for Days Inventory. This places Onyx Biotec in the top 19% of its industry — outperforming the majority of peers. The industry median Days Inventory is 179.12. Onyx Biotec's value of 93.23 is 47.9% below this benchmark. Historically, Onyx Biotec's own Days Inventory has ranged from 42.01 to 117.54 over the past decade. While the company's 10-year median is 81.45 vs. the industry median of 179.12, Onyx Biotec 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 Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.12, based on 788 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. Onyx Biotec's current Days Inventory of 93.23 is 47.9% 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 Onyx Biotec and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onyx Biotec's current Days Inventory is 93.23, which is 14% above median its own 10-year median of 81.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onyx Biotec stock overvalued right now?
Onyx Biotec (NSE:ONYX) has a current Days Inventory of 93.23. The current Days Inventory is 93.23, which is 14% above median its 10-year median of 81.45 and 47.9% below the Medical Devices & Instruments industry median of 179.12. Onyx Biotec's overall GF Score™ is 26/100 with 6 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 Onyx Biotec (NSE:ONYX), the current Days Inventory is 93.23 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.
Onyx Biotec Ltd is engaged in healthcare segment and offering Sterile Pharmaceutical products ,and acts as a pharmaceutical contract manufacturer. It offering products such as Sterile Water for Injections, Dry Powder Injections and Dry Syrup for India and overseas. Key revenue is generated from Sterile Water for Injections .
26GF Score
Get the complete analysis for NSE:ONYX
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ONYX has been successfully added to your 