Safari Industries (India) (NSE:SAFARI) Days Inventory: 125.57 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SAFARI Safari Industries (India) Ltd NSE:SAFARI
80 GF Score
Price ₹1,640.50
GF Value ₹2,716.52
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Safari Industries (India) Days Inventory?

Safari Industries (India) NSE:SAFARI +0.78% 80 Days Inventory is 125.57 as of Mar. 2026, which is 6% below its 10-year median of 133.57. GuruFocus rates NSE:SAFARI with a GF Score™ of 80/100 and a GF Value™ of ₹2,716.52 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,009 Manufacturing - Apparel & Accessories companies, Safari Industries (India) ranks better than 58.67% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Safari Industries (India)'s Average Total Inventories for the three months ended in Mar. 2026 was ₹3,301 Mil. Safari Industries (India)'s Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,399 Mil. Hence, Safari Industries (India)'s Days Inventory for the three months ended in Mar. 2026 was 125.57.

The historical rank and industry rank for Safari Industries (India)'s Days Inventory or its related term are showing as below:

NSE:SAFARI' s Days Inventory Range Over the Past 10 Years
Min: 102.91   Med: 133.57   Max: 253.59
Current: 110.82

During the past 13 years, Safari Industries (India)'s highest Days Inventory was 253.59. The lowest was 102.91. And the median was 133.57.

NSE:SAFARI's Days Inventory is ranked better than
58.67% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.75 vs NSE:SAFARI: 110.82

Safari Industries (India)'s Days Inventory declined from Mar. 2025 (149.53) to Mar. 2026 (125.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Safari Industries (India)'s Inventory Turnover for the three months ended in Mar. 2026 was 0.73.

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. Safari Industries (India)'s Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.70.


Safari Industries (India)  (NSE:SAFARI) 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.

Safari Industries (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.

Safari Industries (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.


Safari Industries (India) Days Inventory Related Terms


Safari Industries (India) Days Inventory Historical Data

* Premium members only.

The historical data trend for Safari Industries (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.

Safari Industries (India) Days Inventory Chart

Safari Industries (India) 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 102.91 104.90 114.98 113.21 109.99

Safari Industries (India) 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 149.53 111.72 98.76 101.75 125.57

NSE:SAFARI vs NKE, DECK, ONON: Days Inventory Comparison

For the Footwear & Accessories subindustry, Safari Industries (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.


Safari Industries (India) Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Safari Industries (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Safari Industries (India)'s Days Inventory falls into.


NSE:SAFARI
80GF Score
Safari Industries (India) Ltd NSE:SAFARI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safari Industries (India) Days Inventory Calculation

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

Safari Industries (India)'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
=( (3504.4 + 3300.6) / 2 ) / 11291.6*365
=3402.5 / 11291.6*365
=109.99

Safari Industries (India)'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 + 3300.6) / 1 ) / 2398.5*365 / 4
=3300.6 / 2398.5*365 / 4
=125.57

* 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 125.57 mean?
Safari Industries (India) (NSE:SAFARI) has a Days Inventory of 125.57 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Safari Industries (India) and its competitors. This is near median its historical median of 133.57. Over the past decade, Safari Industries (India)'s Days Inventory has ranged from 102.91 to 253.59. According to the industry distribution chart, Safari Industries (India) ranks #417 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 41.3%.
Is Safari Industries (India)'s Days Inventory too high?
Safari Industries (India)'s current Days Inventory of 125.57 is near median its 10-year median of 133.57. Over the past 10 years, this metric has ranged from a low of 102.91 to a high of 253.59. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.75. Safari Industries (India)'s value of 125.57 is 5.4% below this industry median. Based on the distribution chart, Safari Industries (India) ranks #417 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Safari Industries (India) has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Safari Industries (India)'s Days Inventory compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Safari Industries (India) ranks #417 out of 1009 companies for Days Inventory. This puts Safari Industries (India) in the upper half of its industry. The industry median Days Inventory is 132.75. Safari Industries (India)'s value of 125.57 is 5.4% below this benchmark. Historically, Safari Industries (India)'s own Days Inventory has ranged from 102.91 to 253.59 over the past decade. While the company's 10-year median is 133.57 vs. the industry median of 132.75, Safari Industries (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 a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.75, based on 1,009 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. Safari Industries (India)'s current Days Inventory of 125.57 is 5.4% 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 Safari Industries (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safari Industries (India)'s current Days Inventory is 125.57, which is near median its own 10-year median of 133.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safari Industries (India) stock overvalued right now?
Based on GuruFocus' analysis, Safari Industries (India) (NSE:SAFARI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,716.52, compared to a current price of ₹1,640.50 — trading 39.6% below its estimated fair value. The current Days Inventory is 125.57, which is near median its 10-year median of 133.57 and 5.4% below the Manufacturing - Apparel & Accessories industry median of 132.75. Safari Industries (India)'s overall GF Score™ is 80/100 with 2 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 Safari Industries (India) (NSE:SAFARI), the current Days Inventory is 125.57 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 Safari Industries (India) (NSE:SAFARI) Overvalued in 2026?

Based on GuruFocus' analysis, Safari Industries (India) stock appears to be undervalued. The current stock price of ₹1,640.50 is trading 39.6% below its estimated GF Value™ of ₹2,716.52. GuruFocus considers Safari Industries (India) to be Significantly Undervalued.

Key valuation signals for NSE:SAFARI:

  • Days Inventory: 125.57 (near median its 10-year median of 133.57)
  • GF Value™: ₹2,716.52 vs. price of ₹1,640.50 (39.6% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 5.4% below the Manufacturing - Apparel & Accessories median (#417 of 1009)

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


Safari Industries (India) Business Description

Other Exchanges 523025:India
Address A/2, MV Road, 302-303, A Wing, The Qube, CTS No. 1498, Marol, Andheri (East), Mumbai, MH, IND, 400059
Safari Industries (India) Ltd is an India-based company engaged in the manufacturing and marketing of luggage and luggage accessories. The company offers Hard luggage cases and Soft luggage cases. The company's product range includes Laptop bags, Backpacks, suitcases, four and two-wheel trolleys, Duffle bags, and Rolling duffle bags, and others.
80GF Score

Get the complete analysis for NSE:SAFARI

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

₹1,640.50
Price
₹2,716.52
GF Value