Primo Chemicals (NSE:PRIMO) Days Inventory: 33.38 (As of Mar. 2026) — 109% Above Median


NSE:PRIMO Primo Chemicals Ltd NSE:PRIMO
56 GF Score
Price ₹24.01
GF Value ₹46.13
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Primo Chemicals Days Inventory?

Primo Chemicals NSE:PRIMO -0.29% 56 Days Inventory is 33.38 as of Mar. 2026, which is 109% above its 10-year median of 16.00. GuruFocus rates NSE:PRIMO with a GF Score™ of 56/100 and a GF Value™ of ₹46.13 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,540 Chemicals companies, Primo Chemicals ranks better than 87.92% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Primo Chemicals's Average Total Inventories for the three months ended in Mar. 2026 was ₹330 Mil. Primo Chemicals's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹903 Mil. Hence, Primo Chemicals's Days Inventory for the three months ended in Mar. 2026 was 33.38.

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

NSE:PRIMO' s Days Inventory Range Over the Past 10 Years
Min: 12.4   Med: 16   Max: 36.29
Current: 36.29

During the past 13 years, Primo Chemicals's highest Days Inventory was 36.29. The lowest was 12.40. And the median was 16.00.

NSE:PRIMO's Days Inventory is ranked better than
87.92% of 1540 companies
in the Chemicals industry
Industry Median: 80.59 vs NSE:PRIMO: 36.29

Primo Chemicals's Days Inventory declined from Mar. 2025 (34.32) to Mar. 2026 (33.38).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Primo Chemicals's Inventory Turnover for the three months ended in Mar. 2026 was 2.73.

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. Primo Chemicals's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.23.


Primo Chemicals  (NSE:PRIMO) 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.

Primo Chemicals'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.

Primo Chemicals'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.


Primo Chemicals Days Inventory Related Terms


Primo Chemicals Days Inventory Historical Data

* Premium members only.

The historical data trend for Primo Chemicals'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.

Primo Chemicals Days Inventory Chart

Primo Chemicals 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 17.09 17.84 26.34 28.84 34.19

Primo Chemicals 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 34.32 36.24 41.21 38.52 33.38

NSE:PRIMO vs DOW: Days Inventory Comparison

For the Chemicals subindustry, Primo Chemicals'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.


Primo Chemicals Days Inventory vs Chemicals Industry

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

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


NSE:PRIMO
56GF Score
Primo Chemicals Ltd NSE:PRIMO
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primo Chemicals Days Inventory Calculation

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

Primo Chemicals'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
=( (338.993 + 330.409) / 2 ) / 3573.474*365
=334.701 / 3573.474*365
=34.19

Primo Chemicals'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 + 330.409) / 1 ) / 903.133*365 / 4
=330.409 / 903.133*365 / 4
=33.38

* 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 33.38 mean?
Primo Chemicals (NSE:PRIMO) has a Days Inventory of 33.38 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Primo Chemicals and its competitors. This is 109% above median its historical median of 16.00. Over the past decade, Primo Chemicals' Days Inventory has ranged from 12.40 to 36.29. According to the industry distribution chart, Primo Chemicals ranks #186 out of 1540 companies in the Chemicals industry, placing it in the top 12.1%.
Is Primo Chemicals' Days Inventory too high?
Primo Chemicals' current Days Inventory of 33.38 is 109% above median its 10-year median of 16.00. Over the past 10 years, this metric has ranged from a low of 12.40 to a high of 36.29. The Chemicals industry median Days Inventory is 80.59. Primo Chemicals' value of 33.38 is 58.6% below this industry median. Based on the distribution chart, Primo Chemicals ranks #186 out of 1540 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Primo Chemicals has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Primo Chemicals' Days Inventory compare to DOW?
According to the Chemicals industry distribution chart, Primo Chemicals ranks #186 out of 1540 companies for Days Inventory. This places Primo Chemicals in the top 12% of its industry — outperforming the majority of peers. The industry median Days Inventory is 80.59. Primo Chemicals' value of 33.38 is 58.6% below this benchmark. Historically, Primo Chemicals' own Days Inventory has ranged from 12.40 to 36.29 over the past decade. While the company's 10-year median is 16.00 vs. the industry median of 80.59, Primo Chemicals 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. Primo Chemicals's current Days Inventory of 33.38 is 58.6% 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 Primo Chemicals 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. Primo Chemicals's current Days Inventory is 33.38, which is 109% above median its own 10-year median of 16.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primo Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Primo Chemicals (NSE:PRIMO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹46.13, compared to a current price of ₹24.01 — trading 48% below its estimated fair value. The current Days Inventory is 33.38, which is 109% above median its 10-year median of 16.00 and 58.6% below the Chemicals industry median of 80.59. Primo Chemicals' overall GF Score™ is 56/100 with 5 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 Primo Chemicals (NSE:PRIMO), the current Days Inventory is 33.38 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 Primo Chemicals (NSE:PRIMO) Overvalued in 2026?

Based on GuruFocus' analysis, Primo Chemicals stock appears to be undervalued. The current stock price of ₹24.01 is trading 48% below its estimated GF Value™ of ₹46.13. GuruFocus considers Primo Chemicals to be Significantly Undervalued.

Key valuation signals for NSE:PRIMO:

  • Days Inventory: 33.38 (109% above median its 10-year median of 16.00)
  • GF Value™: ₹46.13 vs. price of ₹24.01 (48% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 58.6% below the Chemicals median (#186 of 1540)

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


Primo Chemicals Business Description

Other Exchanges 506852:India
Address Bay No. 46-50, Sector- 31A, Chandigarh, IND, 160030
Primo Chemicals Ltd is engaged in the manufacturing of chemicals. Its product portfolio includes Caustic Soda Lye and its by-products are Hydrochloric Acid, Liquid Chlorine, Sodium Hypochlorite, and Hydrogen gas. The company generates revenue from the sale of goods and trading sales.
56GF Score

Get the complete analysis for NSE:PRIMO

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

₹24.01
Price
₹46.13
GF Value