VIP IndustriesNSE:VIPIND +0.05%70 Days Inventory is 157.47 as of Mar. 2026, which is 22% below its 10-year median of 202.14. GuruFocus rates NSE:VIPIND with a GF Score™ of 70/100 and a GF Value™ of ₹400.96 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,008 Manufacturing - Apparel & Accessories companies, VIP Industries ranks worse than 67.76% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). VIP Industries's Average Total Inventories for the
three
months ended in Mar. 2026 was ₹4,725 Mil. VIP Industries's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹2,738 Mil.
Hence, VIP Industries's Days Inventory for the
three
months ended in Mar. 2026 was 157.47.
The historical rank and industry rank for VIP Industries's Days Inventory or its related term are showing as below:
NSE:VIPIND'
s Days Inventory Range Over the Past 10 Years
Min: 153.11 Med: 202.14 Max: 363
Current: 180.97
During the past 13 years, VIP Industries's highest Days Inventory was 363.00. The lowest was 153.11. And the median was 202.14.
NSE:VIPIND's Days Inventory is ranked worse than 67.76% of 1008
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 133.22
vs NSE:VIPIND: 180.97
VIP Industries's Days Inventory
declined
from Mar. 2025 (242.78) to Mar. 2026 (157.47).
Inventory Turnover measures how fast the company turns over its inventory within a year.
VIP Industries's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.58.
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.
VIP Industries's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.08.
VIP Industries (NSE:VIPIND) 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.
VIP Industries'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.
VIP Industries'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.
VIP Industries Days Inventory Related Terms
VIP Industries Days Inventory Historical Data
* Premium members only.
The historical data trend for VIP Industries'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.
NSE:VIPIND vs NKE, DECK, ONON: Days Inventory Comparison
For the Footwear & Accessories subindustry, VIP Industries'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.
VIP Industries Days Inventory vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where VIP Industries's Days Inventory falls into.
* 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.
VIP Industries (NSE:VIPIND) has a Days Inventory of 157.47 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on VIP Industries and its competitors. This is 22% below median its historical median of 202.14. Over the past decade, VIP Industries' Days Inventory has ranged from 153.11 to 363.00. According to the industry distribution chart, VIP Industries ranks #683 out of 1008 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 67.8%.
Is VIP Industries' Days Inventory too high?
VIP Industries' current Days Inventory of 157.47 is 22% below median its 10-year median of 202.14. Over the past 10 years, this metric has ranged from a low of 153.11 to a high of 363.00. The Manufacturing - Apparel & Accessories industry median Days Inventory is 133.22. VIP Industries' value of 157.47 is 18.2% above this industry median. Based on the distribution chart, VIP Industries ranks #683 out of 1008 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, VIP Industries has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Industries' Days Inventory compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Industries ranks #683 out of 1008 companies for Days Inventory. This places VIP Industries in the lower half of its industry. The industry median Days Inventory is 133.22. VIP Industries' value of 157.47 is 18.2% above this benchmark. Historically, VIP Industries' own Days Inventory has ranged from 153.11 to 363.00 over the past decade. While the company's 10-year median is 202.14 vs. the industry median of 133.22, VIP Industries 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 133.22, based on 1,008 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. VIP Industries's current Days Inventory of 157.47 is 18.2% 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 VIP Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 133.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Industries's current Days Inventory is 157.47, which is 22% below median its own 10-year median of 202.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Industries stock overvalued right now?
Based on GuruFocus' analysis, VIP Industries (NSE:VIPIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹400.96, compared to a current price of ₹312.45 — trading 22.1% below its estimated fair value. The current Days Inventory is 157.47, which is 22% below median its 10-year median of 202.14 and 18.2% above the Manufacturing - Apparel & Accessories industry median of 133.22. VIP Industries' overall GF Score™ is 70/100 with 7 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 VIP Industries (NSE:VIPIND), the current Days Inventory is 157.47 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 VIP Industries (NSE:VIPIND) Overvalued in 2026?
Based on GuruFocus' analysis, VIP Industries stock appears to be undervalued.
The current stock price of ₹312.45 is trading 22.1% below its estimated GF Value™ of ₹400.96.
GuruFocus considers VIP Industries to be Modestly Undervalued.
Key valuation signals for NSE:VIPIND:
Days Inventory: 157.47 (22% below median its 10-year median of 202.14)
GF Value™: ₹400.96 vs. price of ₹312.45 (22.1% below fair value)
Industry Position: 18.2% above the Manufacturing - Apparel & Accessories median (#683 of 1008)
No single metric tells the full story. See the NSE:VIPIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and others.
70GF Score
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