Speb Adhesives (NSE:SPEB) Days Inventory: 32.64 (As of Mar. 2026) — 11% Below Median


NSE:SPEB Speb Adhesives Ltd NSE:SPEB
21 GF Score
Price ₹89.00
! 4 Warning Signs
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What is Speb Adhesives Days Inventory?

Speb Adhesives NSE:SPEB +2.36% 21 Days Inventory is 32.64 as of Mar. 2026, which is 11% below its 10-year median of 36.54. GuruFocus rates NSE:SPEB with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,544 Chemicals companies, Speb Adhesives ranks better than 91.32% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Speb Adhesives's Average Total Inventories for the six months ended in Mar. 2026 was ₹30.0 Mil. Speb Adhesives's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹167.8 Mil. Hence, Speb Adhesives's Days Inventory for the six months ended in Mar. 2026 was 32.64.

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

NSE:SPEB' s Days Inventory Range Over the Past 10 Years
Min: 31.04   Med: 36.54   Max: 51.62
Current: 31.12

During the past 5 years, Speb Adhesives's highest Days Inventory was 51.62. The lowest was 31.04. And the median was 36.54.

NSE:SPEB's Days Inventory is ranked better than
91.32% of 1544 companies
in the Chemicals industry
Industry Median: 80.59 vs NSE:SPEB: 31.12

Speb Adhesives's Days Inventory increased from Mar. 2025 (32.00) to Mar. 2026 (32.64). It might indicate that Speb Adhesives's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Speb Adhesives's Inventory Turnover for the six months ended in Mar. 2026 was 5.59.

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. Speb Adhesives's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.12.


Speb Adhesives  (NSE:SPEB) 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.

Speb Adhesives's Inventory Turnover for the six 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.

Speb Adhesives's Inventory to Revenue for the six 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.


Speb Adhesives Days Inventory Related Terms


Speb Adhesives Days Inventory Historical Data

* Premium members only.

The historical data trend for Speb Adhesives'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.

Speb Adhesives Days Inventory Chart

Speb Adhesives Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
51.62 36.73 36.54 32.16 31.04

Speb Adhesives Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Sep25 Mar26
Days Inventory Get a 7-Day Free Trial 0.00 0.00 32.00 29.85 32.64

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

For the Specialty Chemicals subindustry, Speb Adhesives'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.


Speb Adhesives Days Inventory vs Chemicals Industry

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

* The bar in red indicates where Speb Adhesives's Days Inventory falls into.


NSE:SPEB
21GF Score
Speb Adhesives Ltd NSE:SPEB
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Speb Adhesives Days Inventory Calculation

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

Speb Adhesives'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
=( (24.103 + 31.431) / 2 ) / 326.489*365
=27.767 / 326.489*365
=31.04

Speb Adhesives'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (28.57 + 31.431) / 2 ) / 167.754*365 / 2
=30.0005 / 167.754*365 / 2
=32.64

* 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 32.64 mean?
Speb Adhesives (NSE:SPEB) has a Days Inventory of 32.64 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Speb Adhesives and its competitors. This is 11% below median its historical median of 36.54. Over the past decade, Speb Adhesives' Days Inventory has ranged from 31.04 to 51.62. According to the industry distribution chart, Speb Adhesives ranks #134 out of 1544 companies in the Chemicals industry, placing it in the top 8.7%.
Is Speb Adhesives' Days Inventory too high?
Speb Adhesives' current Days Inventory of 32.64 is 11% below median its 10-year median of 36.54. Over the past 10 years, this metric has ranged from a low of 31.04 to a high of 51.62. The Chemicals industry median Days Inventory is 80.59. Speb Adhesives' value of 32.64 is 59.5% below this industry median. Based on the distribution chart, Speb Adhesives ranks #134 out of 1544 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Speb Adhesives has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Speb Adhesives' Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, Speb Adhesives ranks #134 out of 1544 companies for Days Inventory. This places Speb Adhesives in the top 9% of its industry — outperforming the majority of peers. The industry median Days Inventory is 80.59. Speb Adhesives' value of 32.64 is 59.5% below this benchmark. Historically, Speb Adhesives' own Days Inventory has ranged from 31.04 to 51.62 over the past decade. While the company's 10-year median is 36.54 vs. the industry median of 80.59, Speb Adhesives 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 1,544 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. Speb Adhesives's current Days Inventory of 32.64 is 59.5% 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 Speb Adhesives 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. Speb Adhesives's current Days Inventory is 32.64, which is 11% below median its own 10-year median of 36.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speb Adhesives stock overvalued right now?
Speb Adhesives (NSE:SPEB) has a current Days Inventory of 32.64. The current Days Inventory is 32.64, which is 11% below median its 10-year median of 36.54 and 59.5% below the Chemicals industry median of 80.59. Speb Adhesives' overall GF Score™ is 21/100 with 4 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 Speb Adhesives (NSE:SPEB), the current Days Inventory is 32.64 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.

Speb Adhesives Business Description

Address Plot no. J 33, MIDC, Taloja, Raigad, Panvel, MH, IND, 410208
Speb Adhesives Ltd is engaged in the manufacturing of solvent-based synthetic rubber adhesives and offers water-based adhesives. The company focuses on in-house manufacturing of solvent-based adhesives, with water-based adhesives being produced on a contractual manufacturing basis. Its product portfolio includes various products customized for industrial and retail applications, such as multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Sets. The company operates a B2B model through three business channels: dealer-distribution network, industrial sales, and government supply contracts. It generates the majority of its revenue from overseas markets.
21GF Score

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