Shanti Gold International (NSE:SHANTIGOLD) Days Inventory: 54.22 (As of Mar. 2026) — Near Median

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NSE:SHANTIGOLD Shanti Gold International Ltd NSE:SHANTIGOLD
18 GF Score
Price ₹216.91
! 3 Warning Signs
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What is Shanti Gold International Days Inventory?

Shanti Gold International NSE:SHANTIGOLD +2.66% 18 Days Inventory is 54.22 as of Mar. 2026, which is 7% above its 10-year median of 50.54. GuruFocus rates NSE:SHANTIGOLD with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 1,092 Retail - Cyclical companies, Shanti Gold International ranks better than 67.31% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shanti Gold International's Average Total Inventories for the three months ended in Mar. 2026 was ₹3,475 Mil. Shanti Gold International's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹5,848 Mil. Hence, Shanti Gold International's Days Inventory for the three months ended in Mar. 2026 was 54.22.

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

NSE:SHANTIGOLD' s Days Inventory Range Over the Past 10 Years
Min: 49.64   Med: 50.54   Max: 77.31
Current: 69.31

During the past 5 years, Shanti Gold International's highest Days Inventory was 77.31. The lowest was 49.64. And the median was 50.54.

NSE:SHANTIGOLD's Days Inventory is ranked better than
67.31% of 1092 companies
in the Retail - Cyclical industry
Industry Median: 105.13 vs NSE:SHANTIGOLD: 69.31

Shanti Gold International's Days Inventory increased from Dec. 2024 (43.40) to Mar. 2026 (54.22). It might indicate that Shanti Gold International's sales slowed down.

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. Shanti Gold International's Inventory Turnover for the three months ended in Mar. 2026 was 1.68.

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. Shanti Gold International's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.53.


Shanti Gold International  (NSE:SHANTIGOLD) 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.

Shanti Gold International'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.

Shanti Gold International'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.


Shanti Gold International Days Inventory Related Terms


Shanti Gold International Days Inventory Historical Data

* Premium members only.

The historical data trend for Shanti Gold International'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.

Shanti Gold International Days Inventory Chart

Shanti Gold International Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
77.31 49.64 60.11 50.54 50.31

Shanti Gold International Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only 43.40 49.88 64.92 59.15 54.22

NSE:SHANTIGOLD vs TPR: Days Inventory Comparison

For the Luxury Goods subindustry, Shanti Gold International'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.


Shanti Gold International Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanti Gold International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanti Gold International's Days Inventory falls into.


NSE:SHANTIGOLD
18GF Score
Shanti Gold International Ltd NSE:SHANTIGOLD
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Shanti Gold International Days Inventory Calculation

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

Shanti Gold International'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
=( (1485.84 + 3474.92) / 2 ) / 17996.32*365
=2480.38 / 17996.32*365
=50.31

Shanti Gold International'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 + 3474.92) / 1 ) / 5848.26*365 / 4
=3474.92 / 5848.26*365 / 4
=54.22

* 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 54.22 mean?
Shanti Gold International (NSE:SHANTIGOLD) has a Days Inventory of 54.22 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shanti Gold International and its competitors. This is near median its historical median of 50.54. Over the past decade, Shanti Gold International's Days Inventory has ranged from 49.64 to 77.31. According to the industry distribution chart, Shanti Gold International ranks #357 out of 1092 companies in the Retail - Cyclical industry, placing it in the top 32.7%.
Is Shanti Gold International's Days Inventory too high?
Shanti Gold International's current Days Inventory of 54.22 is near median its 10-year median of 50.54. Over the past 10 years, this metric has ranged from a low of 49.64 to a high of 77.31. The Retail - Cyclical industry median Days Inventory is 105.13. Shanti Gold International's value of 54.22 is 48.4% below this industry median. Based on the distribution chart, Shanti Gold International ranks #357 out of 1092 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Shanti Gold International has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Gold International's Days Inventory compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shanti Gold International ranks #357 out of 1092 companies for Days Inventory. This puts Shanti Gold International in the upper half of its industry. The industry median Days Inventory is 105.13. Shanti Gold International's value of 54.22 is 48.4% below this benchmark. Historically, Shanti Gold International's own Days Inventory has ranged from 49.64 to 77.31 over the past decade. While the company's 10-year median is 50.54 vs. the industry median of 105.13, Shanti Gold International 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 Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 105.13, based on 1,092 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. Shanti Gold International's current Days Inventory of 54.22 is 48.4% 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 Shanti Gold International and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 105.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanti Gold International's current Days Inventory is 54.22, which is near median its own 10-year median of 50.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Gold International stock overvalued right now?
Shanti Gold International (NSE:SHANTIGOLD) has a current Days Inventory of 54.22. The current Days Inventory is 54.22, which is near median its 10-year median of 50.54 and 48.4% below the Retail - Cyclical industry median of 105.13. Shanti Gold International's overall GF Score™ is 18/100 with 3 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 Shanti Gold International (NSE:SHANTIGOLD), the current Days Inventory is 54.22 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.

Shanti Gold International Business Description

Other Exchanges 544459:India
Address Marol Industrial Area, Road No.-1, Plot No A-51, 2nd Floor to 7th Floor, MIDC, Near Tunga International Hotel, Andheri East, Chakala MIDC, Mumbai, MH, IND, 400093
Shanti Gold International Ltd is one of the manufacturers of high-quality 22kt CZ casting gold jewellery, specializing in the design and production of all types of gold jewellery. The Company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and daily-wear jewellery.
18GF Score

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