ZF Steering Gear (India) (NSE:ZFSTEERING) Change In Inventory: ₹ Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ZFSTEERING ZF Steering Gear (India) Ltd NSE:ZFSTEERING
77 GF Score
Price ₹697.85
GF Value ₹1,280.42
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is ZF Steering Gear (India) Change In Inventory?

ZF Steering Gear (India) NSE:ZFSTEERING +0.47% 77 Change In Inventory is ₹ Mil as of Jun. 2026. GuruFocus rates NSE:ZFSTEERING with a GF Score™ of 77/100 and a GF Value™ of ₹1,280.42 (Significantly Undervalued). The stock has 1 warning sign investors should review.

ZF Steering Gear (India)'s change in inventory for the quarter that ended in Jun. 2026 was ₹ Mil. It means ZF Steering Gear (India)'s inventory stayed the same from Mar. 2026 to Jun. 2026 .

ZF Steering Gear (India)'s change in inventory for the fiscal year that ended in Mar. 2026 was ₹1 Mil. It means ZF Steering Gear (India)'s inventory declined by ₹1 Mil from Mar. 2025 to Mar. 2026 .

ZF Steering Gear (India)'s Total Inventories for the quarter that ended in Jun. 2026 was ₹0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ZF Steering Gear (India)'s Days Inventory for the quarter that ended in Jun. 2026 was 26.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. ZF Steering Gear (India)'s Inventory Turnover for the quarter that ended in Jun. 2026 was 3.39.

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. ZF Steering Gear (India)'s Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.24.


ZF Steering Gear (India)  (NSE:ZFSTEERING) Change In Inventory Explanation

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

ZF Steering Gear (India)'s Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=349.1/1181.8*365 / 4
=26.95

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

ZF Steering Gear (India)'s Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

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.

ZF Steering Gear (India)'s Inventory to Revenue for the quarter that ended in Jun. 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.


ZF Steering Gear (India) Change In Inventory Related Terms


ZF Steering Gear (India) Change In Inventory Historical Data

* Premium members only.

The historical data trend for ZF Steering Gear (India)'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.

ZF Steering Gear (India) Change In Inventory Chart

ZF Steering Gear (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -203.50 -6.30 -90.00 -1.70 0.60

ZF Steering Gear (India) 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 - - - - -
NSE:ZFSTEERING
77GF Score
ZF Steering Gear (India) Ltd NSE:ZFSTEERING
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZF Steering Gear (India) 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 ₹ 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 ₹ Mil mean?
ZF Steering Gear (India) (NSE:ZFSTEERING) has a Change In Inventory of ₹ Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for ZF Steering Gear (India) and its competitors.
Is ZF Steering Gear (India)'s Change In Inventory too high?
ZF Steering Gear (India)'s current Change In Inventory is ₹ Mil. Overall, ZF Steering Gear (India) has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZF Steering Gear (India)'s Change In Inventory compare to ORLY and AZO?
ZF Steering Gear (India)'s Change In Inventory of ₹ Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Inventory depends on the Vehicles & Parts 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 ZF Steering Gear (India) and its competitors. ZF Steering Gear (India)'s current Change In Inventory is ₹ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZF Steering Gear (India) stock overvalued right now?
Based on GuruFocus' analysis, ZF Steering Gear (India) (NSE:ZFSTEERING) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,280.42, compared to a current price of ₹697.85 — trading 45.5% below its estimated fair value. The current Change In Inventory is ₹ Mil. ZF Steering Gear (India)'s overall GF Score™ is 77/100 with 1 warning sign 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 ZF Steering Gear (India) (NSE:ZFSTEERING), the current Change In Inventory is ₹ 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 ZF Steering Gear (India) (NSE:ZFSTEERING) Overvalued in 2026?

Based on GuruFocus' analysis, ZF Steering Gear (India) stock appears to be undervalued. The current stock price of ₹697.85 is trading 45.5% below its estimated GF Value™ of ₹1,280.42. GuruFocus considers ZF Steering Gear (India) to be Significantly Undervalued.

Key valuation signals for NSE:ZFSTEERING:

  • Change In Inventory: ₹ Mil
  • GF Value™: ₹1,280.42 vs. price of ₹697.85 (45.5% below fair value)
  • GF Score™: 77/100 with 1 warning sign

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


ZF Steering Gear (India) Business Description

Other Exchanges 505163:India
Address Gat No. 1242 and 1244, Village Vadu Budruk, Near Koregaon Bhima, Taluka - Shirur, Pune, MH, IND, 412 216
ZF Steering Gear (India) Ltd produces and assembles steering systems for vehicles, buses, and tractors. The segment in which the group operates includes Auto Component and Renewable Energy. The company's product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gears boxes, and power steering oil dexron II. ZF Steering operates its business activity through the plant located in Vadu Budruk, Pune. The company generates the majority of its revenue from the Auto component, which is engaged in the manufacturing of auto components.
77GF Score

Get the complete analysis for NSE:ZFSTEERING

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

₹697.85
Price
₹1,280.42
GF Value