S H Kelkar (NSE:SHK) Days Inventory: 154.41 (As of Mar. 2026) — 26% Below Median


NSE:SHK S H Kelkar & Co Ltd NSE:SHK
77 GF Score
Price ₹130.92
GF Value ₹239.55
Valuation Significantly Undervalued
! 3 Warning Signs
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What is S H Kelkar Days Inventory?

S H Kelkar NSE:SHK +0.49% 77 Days Inventory is 154.41 as of Mar. 2026, which is 26% below its 10-year median of 208.29. GuruFocus rates NSE:SHK with a GF Score™ of 77/100 and a GF Value™ of ₹239.55 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,539 Chemicals companies, S H Kelkar ranks worse than 88.56% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). S H Kelkar's Average Total Inventories for the three months ended in Mar. 2026 was ₹6,651 Mil. S H Kelkar's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹3,931 Mil. Hence, S H Kelkar's Days Inventory for the three months ended in Mar. 2026 was 154.41.

The historical rank and industry rank for S H Kelkar's Days Inventory or its related term are showing as below:

NSE:SHK' s Days Inventory Range Over the Past 10 Years
Min: 181.22   Med: 208.29   Max: 231.71
Current: 187.65

During the past 12 years, S H Kelkar's highest Days Inventory was 231.71. The lowest was 181.22. And the median was 208.29.

NSE:SHK's Days Inventory is ranked worse than
88.56% of 1539 companies
in the Chemicals industry
Industry Median: 80.63 vs NSE:SHK: 187.65

S H Kelkar's Days Inventory declined from Mar. 2025 (198.22) to Mar. 2026 (154.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. S H Kelkar's Inventory Turnover for the three months ended in Mar. 2026 was 0.59.

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. S H Kelkar's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.03.


S H Kelkar  (NSE:SHK) 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.

S H Kelkar'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.

S H Kelkar'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.


S H Kelkar Days Inventory Related Terms


S H Kelkar Days Inventory Historical Data

* Premium members only.

The historical data trend for S H Kelkar'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.

S H Kelkar Days Inventory Chart

S H Kelkar 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 192.84 208.93 221.91 207.65 181.22

S H Kelkar 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 198.22 196.54 213.80 202.76 154.41

NSE:SHK vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, S H Kelkar'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.


S H Kelkar Days Inventory vs Chemicals Industry

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

* The bar in red indicates where S H Kelkar's Days Inventory falls into.


NSE:SHK
77GF Score
S H Kelkar & Co Ltd NSE:SHK
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S H Kelkar Days Inventory Calculation

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

S H Kelkar'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
=( (7177.3 + 6651.4) / 2 ) / 13926.6*365
=6914.35 / 13926.6*365
=181.22

S H Kelkar'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 + 6651.4) / 1 ) / 3930.6*365 / 4
=6651.4 / 3930.6*365 / 4
=154.41

* 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 154.41 mean?
S H Kelkar (NSE:SHK) has a Days Inventory of 154.41 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on S H Kelkar and its competitors. This is 26% below median its historical median of 208.29. Over the past decade, S H Kelkar's Days Inventory has ranged from 181.22 to 231.71. According to the industry distribution chart, S H Kelkar ranks #1363 out of 1539 companies in the Chemicals industry, placing it in the top 88.6%.
Is S H Kelkar's Days Inventory too high?
S H Kelkar's current Days Inventory of 154.41 is 26% below median its 10-year median of 208.29. Over the past 10 years, this metric has ranged from a low of 181.22 to a high of 231.71. The Chemicals industry median Days Inventory is 80.63. S H Kelkar's value of 154.41 is 91.5% above this industry median. Based on the distribution chart, S H Kelkar ranks #1363 out of 1539 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, S H Kelkar has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does S H Kelkar's Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, S H Kelkar ranks #1363 out of 1539 companies for Days Inventory. This places S H Kelkar in the lower half of its industry. The industry median Days Inventory is 80.63. S H Kelkar's value of 154.41 is 91.5% above this benchmark. Historically, S H Kelkar's own Days Inventory has ranged from 181.22 to 231.71 over the past decade. While the company's 10-year median is 208.29 vs. the industry median of 80.63, S H Kelkar has consistently been above 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 80.63, based on 1,539 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. S H Kelkar's current Days Inventory of 154.41 is 91.5% above 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 S H Kelkar and its competitors. For the Chemicals industry, the median Days Inventory is 80.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S H Kelkar's current Days Inventory is 154.41, which is 26% below median its own 10-year median of 208.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S H Kelkar stock overvalued right now?
Based on GuruFocus' analysis, S H Kelkar (NSE:SHK) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹239.55, compared to a current price of ₹130.92 — trading 45.3% below its estimated fair value. The current Days Inventory is 154.41, which is 26% below median its 10-year median of 208.29 and 91.5% above the Chemicals industry median of 80.63. S H Kelkar's overall GF Score™ is 77/100 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 S H Kelkar (NSE:SHK), the current Days Inventory is 154.41 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 S H Kelkar (NSE:SHK) Overvalued in 2026?

Based on GuruFocus' analysis, S H Kelkar stock appears to be undervalued. The current stock price of ₹130.92 is trading 45.3% below its estimated GF Value™ of ₹239.55. GuruFocus considers S H Kelkar to be Significantly Undervalued.

Key valuation signals for NSE:SHK:

  • Days Inventory: 154.41 (26% below median its 10-year median of 208.29)
  • GF Value™: ₹239.55 vs. price of ₹130.92 (45.3% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 91.5% above the Chemicals median (#1363 of 1539)

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


S H Kelkar Business Description

Other Exchanges 539450:India
Address Lal Bahadur Shashtri Marg, Near Balrajeshwar Temple, Mulund (West), Mumbai, MH, IND, 400 080
S H Kelkar & Co Ltd is an Indian manufacturer of personal care products. The company's operating segment includes Fragrances and Flavours. Fragrances segment manufactures and trade in Fragrances and aroma ingredients for Fragrances. It generates maximum revenue from the Fragrances segment. Geographically, it derives a majority of revenue from India. The company's fragrances portfolio includes personal care, hair care, skincare and cosmetics, fabric care, household products, and fine fragrances. Its flavours portfolio includes bakery, beverages, confectionery, dairy, savoury and others.
77GF Score

Get the complete analysis for NSE:SHK

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

₹130.92
Price
₹239.55
GF Value