Polycab IndiaNSE:POLYCAB +1.50%96 Days Inventory is 77.76 as of Mar. 2026, which is 17% below its 10-year median of 94.08. GuruFocus rates NSE:POLYCAB with a GF Score™ of 96/100 and a GF Value™ of ₹9,535.22 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,962 Industrial Products companies, Polycab India ranks better than 68.91% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Polycab India's Average Total Inventories for the
three
months ended in Mar. 2026 was ₹57,837 Mil. Polycab India's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹67,867 Mil.
Hence, Polycab India's Days Inventory for the
three
months ended in Mar. 2026 was 77.76.
The historical rank and industry rank for Polycab India's Days Inventory or its related term are showing as below:
NSE:POLYCAB'
s Days Inventory Range Over the Past 10 Years
Min: 75.94 Med: 94.08 Max: 108.29
Current: 86.73
During the past 11 years, Polycab India's highest Days Inventory was 108.29. The lowest was 75.94. And the median was 94.08.
NSE:POLYCAB's Days Inventory is ranked better than 68.91% of 2962
companies
in the Industrial Products industry
Industry Median: 119.47
vs NSE:POLYCAB: 86.73
Polycab India's Days Inventory
increased
from Mar. 2025 (64.18) to Mar. 2026 (77.76).
It might indicate that Polycab India's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Polycab India's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.17.
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.
Polycab India's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.65.
Polycab India (NSE:POLYCAB) 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.
Polycab India'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.
Polycab India'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.
Polycab India Days Inventory Related Terms
Polycab India Days Inventory Historical Data
* Premium members only.
The historical data trend for Polycab 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.
For the Electrical Equipment & Parts subindustry, Polycab 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.
Polycab India Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polycab India's Days Inventory distribution charts can be found below:
* The bar in red indicates where Polycab India'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.
Polycab India (NSE:POLYCAB) has a Days Inventory of 77.76 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Polycab India and its competitors. This is 17% below median its historical median of 94.08. Over the past decade, Polycab India's Days Inventory has ranged from 75.94 to 108.29. According to the industry distribution chart, Polycab India ranks #921 out of 2962 companies in the Industrial Products industry, placing it in the top 31.1%.
Is Polycab India's Days Inventory too high?
Polycab India's current Days Inventory of 77.76 is 17% below median its 10-year median of 94.08. Over the past 10 years, this metric has ranged from a low of 75.94 to a high of 108.29. The Industrial Products industry median Days Inventory is 119.47. Polycab India's value of 77.76 is 34.9% below this industry median. Based on the distribution chart, Polycab India ranks #921 out of 2962 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Polycab India has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Polycab India's Days Inventory compare to VRT and BE?
According to the Industrial Products industry distribution chart, Polycab India ranks #921 out of 2962 companies for Days Inventory. This puts Polycab India in the upper half of its industry. The industry median Days Inventory is 119.47. Polycab India's value of 77.76 is 34.9% below this benchmark. Historically, Polycab India's own Days Inventory has ranged from 75.94 to 108.29 over the past decade. While the company's 10-year median is 94.08 vs. the industry median of 119.47, Polycab India 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,962 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. Polycab India's current Days Inventory of 77.76 is 34.9% 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 Polycab India and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polycab India's current Days Inventory is 77.76, which is 17% below median its own 10-year median of 94.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polycab India stock overvalued right now?
Based on GuruFocus' analysis, Polycab India (NSE:POLYCAB) is currently considered Fairly Valued. The stock's GF Value™ is ₹9,535.22, compared to a current price of ₹9,210.50 — trading 3.4% below its estimated fair value. The current Days Inventory is 77.76, which is 17% below median its 10-year median of 94.08 and 34.9% below the Industrial Products industry median of 119.47. Polycab India's overall GF Score™ is 96/100 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 Polycab India (NSE:POLYCAB), the current Days Inventory is 77.76 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 Polycab India (NSE:POLYCAB) Overvalued in 2026?
Based on GuruFocus' analysis, Polycab India stock appears to be undervalued.
The current stock price of ₹9,210.50 is trading 3.4% below its estimated GF Value™ of ₹9,535.22.
GuruFocus considers Polycab India to be Fairly Valued.
Key valuation signals for NSE:POLYCAB:
Days Inventory: 77.76 (17% below median its 10-year median of 94.08)
GF Value™: ₹9,535.22 vs. price of ₹9,210.50 (3.4% below fair value)
Industry Position: 34.9% below the Industrial Products median (#921 of 2962)
No single metric tells the full story. See the NSE:POLYCAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polycab India Ltd is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods under the POLYCAB brand. The business activities are carried out through Wires and cables, Fast moving electrical goods (FMEG), and the EPC segment. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from India, and also has its presence Overseas. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.
96GF Score
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