Veekayem Fashion & Apparels (NSE:VEEKAYEM) Days Inventory: 94.59 (As of Mar. 2025) — 19% Below Median

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NSE:VEEKAYEM Veekayem Fashion & Apparels Ltd NSE:VEEKAYEM
62 GF Score
Price ₹103.00
GF Value ₹169.17
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Veekayem Fashion & Apparels Days Inventory?

Veekayem Fashion & Apparels NSE:VEEKAYEM +4.67% 62 Days Inventory is 94.59 as of Mar. 2025, which is 19% below its 10-year median of 116.50. GuruFocus rates NSE:VEEKAYEM with a GF Score™ of 62/100 and a GF Value™ of ₹169.17 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,010 Manufacturing - Apparel & Accessories companies, Veekayem Fashion & Apparels ranks better than 66.14% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Veekayem Fashion & Apparels's Average Total Inventories for the six months ended in Mar. 2025 was ₹711 Mil. Veekayem Fashion & Apparels's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹2,743 Mil. Hence, Veekayem Fashion & Apparels's Days Inventory for the six months ended in Mar. 2025 was 47.29.

The historical rank and industry rank for Veekayem Fashion & Apparels's Days Inventory or its related term are showing as below:

NSE:VEEKAYEM' s Days Inventory Range Over the Past 10 Years
Min: 94.59   Med: 116.5   Max: 348.35
Current: 94.59

During the past 6 years, Veekayem Fashion & Apparels's highest Days Inventory was 348.35. The lowest was 94.59. And the median was 116.50.

NSE:VEEKAYEM's Days Inventory is ranked better than
66.14% of 1010 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.68 vs NSE:VEEKAYEM: 94.59

Veekayem Fashion & Apparels's Days Inventory declined from Mar. 2023 (118.55) to Mar. 2025 (94.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Veekayem Fashion & Apparels's Inventory Turnover for the six months ended in Mar. 2025 was 3.86.

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. Veekayem Fashion & Apparels's Inventory-to-Revenue for the six months ended in Mar. 2025 was 0.22.


Veekayem Fashion & Apparels  (NSE:VEEKAYEM) 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.

Veekayem Fashion & Apparels's Inventory Turnover for the six months ended in Mar. 2025 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.

Veekayem Fashion & Apparels's Inventory to Revenue for the six months ended in Mar. 2025 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.


Veekayem Fashion & Apparels Days Inventory Related Terms


Veekayem Fashion & Apparels Days Inventory Historical Data

* Premium members only.

The historical data trend for Veekayem Fashion & Apparels'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.

Veekayem Fashion & Apparels Days Inventory Chart

Veekayem Fashion & Apparels Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory
Get a 7-Day Free Trial 348.35 183.13 118.55 114.45 94.59

Veekayem Fashion & Apparels Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory Get a 7-Day Free Trial 348.35 183.13 118.55 114.45 94.59

Veekayem Fashion & Apparels Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Veekayem Fashion & Apparels'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.


Veekayem Fashion & Apparels Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Veekayem Fashion & Apparels's Days Inventory distribution charts can be found below:

* The bar in red indicates where Veekayem Fashion & Apparels's Days Inventory falls into.


NSE:VEEKAYEM
62GF Score
Veekayem Fashion & Apparels Ltd NSE:VEEKAYEM
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Veekayem Fashion & Apparels Days Inventory Calculation

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

Veekayem Fashion & Apparels's Days Inventory for the fiscal year that ended in Mar. 2025 is calculated as

Days Inventory (A: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (652.179 + 769.243) / 2 ) / 2742.589*365
=710.711 / 2742.589*365
=94.59

Veekayem Fashion & Apparels's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (652.179 + 769.243) / 2 ) / 2742.589*365 / 2
=710.711 / 2742.589*365 / 2
=47.29

* 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 94.59 mean?
Veekayem Fashion & Apparels (NSE:VEEKAYEM) has a Days Inventory of 94.59 as of Mar. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Veekayem Fashion & Apparels and its competitors. This is 19% below median its historical median of 116.50. Over the past decade, Veekayem Fashion & Apparels' Days Inventory has ranged from 94.59 to 348.35. According to the industry distribution chart, Veekayem Fashion & Apparels ranks #342 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33.9%.
Is Veekayem Fashion & Apparels' Days Inventory too high?
Veekayem Fashion & Apparels' current Days Inventory of 94.59 is 19% below median its 10-year median of 116.50. Over the past 10 years, this metric has ranged from a low of 94.59 to a high of 348.35. The Manufacturing - Apparel & Accessories industry median Days Inventory is 131.68. Veekayem Fashion & Apparels' value of 94.59 is 28.2% below this industry median. Based on the distribution chart, Veekayem Fashion & Apparels ranks #342 out of 1010 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Veekayem Fashion & Apparels has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veekayem Fashion & Apparels' Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Veekayem Fashion & Apparels ranks #342 out of 1010 companies for Days Inventory. This puts Veekayem Fashion & Apparels in the upper half of its industry. The industry median Days Inventory is 131.68. Veekayem Fashion & Apparels' value of 94.59 is 28.2% below this benchmark. Historically, Veekayem Fashion & Apparels' own Days Inventory has ranged from 94.59 to 348.35 over the past decade. While the company's 10-year median is 116.50 vs. the industry median of 131.68, Veekayem Fashion & Apparels 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 131.68, based on 1,010 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. Veekayem Fashion & Apparels's current Days Inventory of 94.59 is 28.2% 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 Veekayem Fashion & Apparels and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 131.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veekayem Fashion & Apparels's current Days Inventory is 94.59, which is 19% below median its own 10-year median of 116.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veekayem Fashion & Apparels stock overvalued right now?
Based on GuruFocus' analysis, Veekayem Fashion & Apparels (NSE:VEEKAYEM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹169.17, compared to a current price of ₹103.00 — trading 39.1% below its estimated fair value. The current Days Inventory is 94.59, which is 19% below median its 10-year median of 116.50 and 28.2% below the Manufacturing - Apparel & Accessories industry median of 131.68. Veekayem Fashion & Apparels' overall GF Score™ is 62/100 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 Veekayem Fashion & Apparels (NSE:VEEKAYEM), the current Days Inventory is 94.59 as of Mar. 2025. 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 Veekayem Fashion & Apparels (NSE:VEEKAYEM) Overvalued in 2026?

Based on GuruFocus' analysis, Veekayem Fashion & Apparels stock appears to be undervalued. The current stock price of ₹103.00 is trading 39.1% below its estimated GF Value™ of ₹169.17. GuruFocus considers Veekayem Fashion & Apparels to be Significantly Undervalued.

Key valuation signals for NSE:VEEKAYEM:

  • Days Inventory: 94.59 (19% below median its 10-year median of 116.50)
  • GF Value™: ₹169.17 vs. price of ₹103.00 (39.1% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 28.2% below the Manufacturing - Apparel & Accessories median (#342 of 1010)

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


Veekayem Fashion & Apparels Business Description

Address Walbhat Road, Gala No. 113, Udyog Bhavan, Sharma Industrial Estate, Near Nirlon Compound, Goregaon East, Mumbai, MH, IND, 400063
Veekayem Fashion & Apparels Ltd is engaged in the business of weaving and garment manufacturing. The company deals in products like Shirting fabrics, Suiting Fabrics, Trouser fabrics, jacketing fabrics, format trousers, cotton trousers and other accessories. The extensive product portfolio includes 100% Cotton - Lycra and Non-Lycra, Giza, Supima, Blended Cotton Suiting - Chief Value Cotton, Polyester Cotton, 100% Cotton Yarn Dyed, Polyester Viscose, Terry Rayon Suiting and Mock Linen. The Company operates in three segments: Men's wear; Kids Wear and Accessories.
62GF Score

Get the complete analysis for NSE:VEEKAYEM

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

₹103.00
Price
₹169.17
GF Value