Zenith Exports (NSE:ZENITHEXPO) Days Inventory: 396.29 (As of Mar. 2026) — 108% Above Median

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NSE:ZENITHEXPO Zenith Exports Ltd NSE:ZENITHEXPO
72 GF Score
Price ₹207.00
GF Value ₹191.68
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Zenith Exports Days Inventory?

Zenith Exports NSE:ZENITHEXPO -0.65% 72 Days Inventory is 396.29 as of Mar. 2026, which is 108% above its 10-year median of 190.20. GuruFocus rates NSE:ZENITHEXPO with a GF Score™ of 72/100 and a GF Value™ of ₹191.68 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,005 Manufacturing - Apparel & Accessories companies, Zenith Exports ranks worse than 84.28% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Zenith Exports's Average Total Inventories for the three months ended in Mar. 2026 was ₹258.4 Mil. Zenith Exports's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹59.5 Mil. Hence, Zenith Exports's Days Inventory for the three months ended in Mar. 2026 was 396.29.

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

NSE:ZENITHEXPO' s Days Inventory Range Over the Past 10 Years
Min: 129.79   Med: 190.2   Max: 284.8
Current: 284.26

During the past 13 years, Zenith Exports's highest Days Inventory was 284.80. The lowest was 129.79. And the median was 190.20.

NSE:ZENITHEXPO's Days Inventory is ranked worse than
84.28% of 1005 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.75 vs NSE:ZENITHEXPO: 284.26

Zenith Exports's Days Inventory increased from Mar. 2025 (162.55) to Mar. 2026 (396.29). It might indicate that Zenith Exports'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. Zenith Exports's Inventory Turnover for the three months ended in Mar. 2026 was 0.23.

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. Zenith Exports's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.97.


Zenith Exports  (NSE:ZENITHEXPO) 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.

Zenith Exports'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.

Zenith Exports'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.


Zenith Exports Days Inventory Related Terms


Zenith Exports Days Inventory Historical Data

* Premium members only.

The historical data trend for Zenith Exports'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.

Zenith Exports Days Inventory Chart

Zenith Exports 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 172.90 263.83 155.25 210.73 284.80

Zenith Exports 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 162.55 249.96 214.27 338.60 396.29

Zenith Exports Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Zenith Exports'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.


Zenith Exports Days Inventory vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Zenith Exports's Days Inventory falls into.


NSE:ZENITHEXPO
72GF Score
Zenith Exports Ltd NSE:ZENITHEXPO
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenith Exports Days Inventory Calculation

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

Zenith Exports'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
=( (239.418 + 258.4) / 2 ) / 319*365
=248.909 / 319*365
=284.80

Zenith Exports'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 + 258.4) / 1 ) / 59.5*365 / 4
=258.4 / 59.5*365 / 4
=396.29

* 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 396.29 mean?
Zenith Exports (NSE:ZENITHEXPO) has a Days Inventory of 396.29 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zenith Exports and its competitors. This is 108% above median its historical median of 190.20. Over the past decade, Zenith Exports' Days Inventory has ranged from 129.79 to 284.80. According to the industry distribution chart, Zenith Exports ranks #847 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 84.3%.
Is Zenith Exports' Days Inventory too high?
Zenith Exports' current Days Inventory of 396.29 is 108% above median its 10-year median of 190.20. Over the past 10 years, this metric has ranged from a low of 129.79 to a high of 284.80. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.75. Zenith Exports' value of 396.29 is 198.5% above this industry median. Based on the distribution chart, Zenith Exports ranks #847 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Zenith Exports has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zenith Exports' Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zenith Exports ranks #847 out of 1005 companies for Days Inventory. This places Zenith Exports in the lower half of its industry. The industry median Days Inventory is 132.75. Zenith Exports' value of 396.29 is 198.5% above this benchmark. Historically, Zenith Exports' own Days Inventory has ranged from 129.79 to 284.80 over the past decade. While the company's 10-year median is 190.20 vs. the industry median of 132.75, Zenith Exports 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 132.75, based on 1,005 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. Zenith Exports's current Days Inventory of 396.29 is 198.5% 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 Zenith Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Exports's current Days Inventory is 396.29, which is 108% above median its own 10-year median of 190.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Exports stock overvalued right now?
Based on GuruFocus' analysis, Zenith Exports (NSE:ZENITHEXPO) is currently considered Fairly Valued. The stock's GF Value™ is ₹191.68, compared to a current price of ₹207.00 — trading 8% above its estimated fair value. The current Days Inventory is 396.29, which is 108% above median its 10-year median of 190.20 and 198.5% above the Manufacturing - Apparel & Accessories industry median of 132.75. Zenith Exports' overall GF Score™ is 72/100 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 Zenith Exports (NSE:ZENITHEXPO), the current Days Inventory is 396.29 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 Zenith Exports (NSE:ZENITHEXPO) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Exports stock appears to be overvalued. The current stock price of ₹207.00 is trading 8% above its estimated GF Value™ of ₹191.68. GuruFocus considers Zenith Exports to be Fairly Valued.

Key valuation signals for NSE:ZENITHEXPO:

  • Days Inventory: 396.29 (108% above median its 10-year median of 190.20)
  • GF Value™: ₹191.68 vs. price of ₹207.00 (8% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 198.5% above the Manufacturing - Apparel & Accessories median (#847 of 1005)

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


Zenith Exports Business Description

Other Exchanges 512553:India
Address 19, Rajendra Nath Mukherjee Road, 1st Floor, Kolkata, WB, IND, 700001
Zenith Exports Ltd is an India-based company engaged in the business of Leather Goods & Textile Fabrics. Its segment includes Silk Fabrics & Made-ups, Silk Fabrics & Made-ups, Yarns, and Weavings Silk Fabrics. It generates the majority of its revenue from the Industrial Leather H/Gloves & Made-ups. Geographically, it derives the majority of its revenue from Outside India.
72GF Score

Get the complete analysis for NSE:ZENITHEXPO

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

₹207.00
Price
₹191.68
GF Value