Mangels Industrial (BSP:MGEL4) Change In Inventory: R$-22 Mil (TTM As of Jun. 2026)

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BSP:MGEL4 Mangels Industrial SA BSP:MGEL4
61 GF Score
Price R$5.34
GF Value R$8.05
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Mangels Industrial Change In Inventory?

Mangels Industrial BSP:MGEL4 +1.71% 61 Change In Inventory is R$-22 Mil as of Jun. 2026. GuruFocus rates BSP:MGEL4 with a GF Score™ of 61/100 and a GF Value™ of R$8.05 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Mangels Industrial's change in inventory for the quarter that ended in Jun. 2026 was R$8 Mil. It means Mangels Industrial's inventory declined by R$8 Mil from Mar. 2026 to Jun. 2026 .

Mangels Industrial's change in inventory for the fiscal year that ended in Dec. 2025 was R$-13 Mil. It means Mangels Industrial's inventory increased by R$13 Mil from Dec. 2024 to Dec. 2025 .

Mangels Industrial's Total Inventories for the quarter that ended in Jun. 2026 was R$150 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mangels Industrial's Days Inventory for the quarter that ended in Jun. 2026 was 52.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mangels Industrial's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.75.

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. Mangels Industrial's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.49.

Mangels Industrial  (BSP:MGEL4) Change In Inventory Explanation

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

Mangels Industrial's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=154.1405/270.505*365 / 4
=52.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Mangels Industrial's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=270.505 / 154.1405
=1.75

3. 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.

Mangels Industrial's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=154.1405 / 314.078
=0.49

* 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.

Mangels Industrial Change In Inventory Related Terms

Mangels Industrial Change In Inventory Historical Data

* Premium members only.

The historical data trend for Mangels Industrial's Change In 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.

Mangels Industrial Change In Inventory Chart

Mangels Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -73.12 12.60 4.75 -7.86 -12.64

Mangels Industrial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In 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 9.63 6.26 -15.70 -20.91 8.16
BSP:MGEL4
61GF Score
Mangels Industrial SA BSP:MGEL4
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangels Industrial Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-22 Mil.

* 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 Change In Inventory →
What does a Change In Inventory of R$-22 Mil mean?
Mangels Industrial (BSP:MGEL4) has a Change In Inventory of R$-22 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Mangels Industrial and its competitors.
Is Mangels Industrial's Change In Inventory too high?
Mangels Industrial's current Change In Inventory is R$-22 Mil. Overall, Mangels Industrial has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mangels Industrial's Change In Inventory compare to NUE and STLD?
Mangels Industrial's Change In Inventory of R$-22 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Steel company?
A good Change In Inventory depends on the Steel industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Mangels Industrial and its competitors. Mangels Industrial's current Change In Inventory is R$-22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangels Industrial stock overvalued right now?
Based on GuruFocus' analysis, Mangels Industrial (BSP:MGEL4) is currently considered Significantly Undervalued. The stock's GF Value™ is R$8.05, compared to a current price of R$5.34 — trading 33.7% below its estimated fair value. The current Change In Inventory is R$-22 Mil. Mangels Industrial's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Mangels Industrial (BSP:MGEL4), the current Change In Inventory is R$-22 Mil as of Jun. 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 Mangels Industrial (BSP:MGEL4) Overvalued in 2026?

Based on GuruFocus' analysis, Mangels Industrial stock appears to be undervalued. The current stock price of R$5.34 is trading 33.7% below its estimated GF Value™ of R$8.05. GuruFocus considers Mangels Industrial to be Significantly Undervalued.

Key valuation signals for BSP:MGEL4:

  • Change In Inventory: R$-22 Mil
  • GF Value™: R$8.05 vs. price of R$5.34 (33.7% below fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the BSP:MGEL4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mangels Industrial Business Description

Address Rua Verbo Divino 1488, 6th floor, Suite 61A and 64D, Chacara Santo, Antonio, Sao Paulo, SP, BRA, 04719904
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.
61GF Score

Get the complete analysis for BSP:MGEL4

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

R$5.34
Price
R$8.05
GF Value