Magna Electro Castings (BOM:517449) Days Inventory: 55.40 (As of Jun. 2026) — Near Median

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.

BOM:517449 Magna Electro Castings Ltd BOM:517449
75 GF Score
Price ₹1,398.80
GF Value ₹1,036.89
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Magna Electro Castings Days Inventory?

Magna Electro Castings BOM:517449 -1.67% 75 Days Inventory is 55.40 as of Jun. 2026, which is 5% above its 10-year median of 52.81. GuruFocus rates BOM:517449 with a GF Score™ of 75/100 and a GF Value™ of ₹1,036.89 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,979 Industrial Products companies, Magna Electro Castings ranks better than 90.16% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Magna Electro Castings's Average Total Inventories for the three months ended in Jun. 2026 was ₹187 Mil. Magna Electro Castings's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹308 Mil. Hence, Magna Electro Castings's Days Inventory for the three months ended in Jun. 2026 was 55.40.

The historical rank and industry rank for Magna Electro Castings's Days Inventory or its related term are showing as below:

BOM:517449' s Days Inventory Range Over the Past 10 Years
Min: 35.62   Med: 52.81   Max: 81.38
Current: 45.19

During the past 13 years, Magna Electro Castings's highest Days Inventory was 81.38. The lowest was 35.62. And the median was 52.81.

BOM:517449's Days Inventory is ranked better than
90.16% of 2979 companies
in the Industrial Products industry
Industry Median: 118.62 vs BOM:517449: 45.19

Magna Electro Castings's Days Inventory increased from Jun. 2025 (41.23) to Jun. 2026 (55.40). It might indicate that Magna Electro Castings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Magna Electro Castings's Inventory Turnover for the three months ended in Jun. 2026 was 1.65.

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. Magna Electro Castings's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.37.


Magna Electro Castings  (BOM:517449) 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.

Magna Electro Castings's Inventory Turnover for the three months ended in Jun. 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.

Magna Electro Castings's Inventory to Revenue for the three months 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.


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.


Magna Electro Castings Days Inventory Related Terms


Magna Electro Castings Days Inventory Historical Data

* Premium members only.

The historical data trend for Magna Electro Castings'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.

Magna Electro Castings Days Inventory Chart

Magna Electro Castings 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 36.79 35.62 41.93 39.92 47.56

Magna Electro Castings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 41.23 40.65 41.74 58.25 55.40

BOM:517449 vs ATI, CRS, MLI: Days Inventory Comparison

For the Metal Fabrication subindustry, Magna Electro Castings'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.


Magna Electro Castings Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Magna Electro Castings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Magna Electro Castings's Days Inventory falls into.


BOM:517449
75GF Score
Magna Electro Castings Ltd BOM:517449
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magna Electro Castings Days Inventory Calculation

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

Magna Electro Castings'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
=( (124.707 + 186.859) / 2 ) / 1195.438*365
=155.783 / 1195.438*365
=47.56

Magna Electro Castings's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (186.859 + 0) / 1 ) / 307.759*365 / 4
=186.859 / 307.759*365 / 4
=55.40

* 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 55.40 mean?
Magna Electro Castings (BOM:517449) has a Days Inventory of 55.40 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Magna Electro Castings and its competitors. This is near median its historical median of 52.81. Over the past decade, Magna Electro Castings' Days Inventory has ranged from 35.62 to 81.38. According to the industry distribution chart, Magna Electro Castings ranks #293 out of 2979 companies in the Industrial Products industry, placing it in the top 9.8%.
Is Magna Electro Castings' Days Inventory too high?
Magna Electro Castings' current Days Inventory of 55.40 is near median its 10-year median of 52.81. Over the past 10 years, this metric has ranged from a low of 35.62 to a high of 81.38. The Industrial Products industry median Days Inventory is 118.62. Magna Electro Castings' value of 55.40 is 53.3% below this industry median. Based on the distribution chart, Magna Electro Castings ranks #293 out of 2979 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Magna Electro Castings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magna Electro Castings' Days Inventory compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Magna Electro Castings ranks #293 out of 2979 companies for Days Inventory. This places Magna Electro Castings in the top 10% of its industry — outperforming the majority of peers. The industry median Days Inventory is 118.62. Magna Electro Castings' value of 55.40 is 53.3% below this benchmark. Historically, Magna Electro Castings' own Days Inventory has ranged from 35.62 to 81.38 over the past decade. While the company's 10-year median is 52.81 vs. the industry median of 118.62, Magna Electro Castings 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 118.62, based on 2,979 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. Magna Electro Castings's current Days Inventory of 55.40 is 53.3% 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 Magna Electro Castings and its competitors. For the Industrial Products industry, the median Days Inventory is 118.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magna Electro Castings's current Days Inventory is 55.40, which is near median its own 10-year median of 52.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Electro Castings stock overvalued right now?
Based on GuruFocus' analysis, Magna Electro Castings (BOM:517449) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,036.89, compared to a current price of ₹1,398.80 — trading 34.9% above its estimated fair value. The current Days Inventory is 55.40, which is near median its 10-year median of 52.81 and 53.3% below the Industrial Products industry median of 118.62. Magna Electro Castings' overall GF Score™ is 75/100 with 8 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 Magna Electro Castings (BOM:517449), the current Days Inventory is 55.40 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 Magna Electro Castings (BOM:517449) Overvalued in 2026?

Based on GuruFocus' analysis, Magna Electro Castings stock appears to be overvalued. The current stock price of ₹1,398.80 is trading 34.9% above its estimated GF Value™ of ₹1,036.89. GuruFocus considers Magna Electro Castings to be Significantly Overvalued.

Key valuation signals for BOM:517449:

  • Days Inventory: 55.40 (near median its 10-year median of 52.81)
  • GF Value™: ₹1,036.89 vs. price of ₹1,398.80 (34.9% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 53.3% below the Industrial Products median (#293 of 2979)

No single metric tells the full story. See the BOM:517449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magna Electro Castings Business Description

Address 43, Balasundaram Road, Coimbatore, TN, IND, 641018
Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.
75GF Score

Get the complete analysis for BOM:517449

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

₹1,398.80
Price
₹1,036.89
GF Value