Veejay Lakshmi Engineering Works (BOM:522267) Days Inventory: 53.16 (As of Mar. 2026) — 63% Below Median

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BOM:522267 Veejay Lakshmi Engineering Works Ltd BOM:522267
49 GF Score
Price ₹35.30
GF Value ₹56.72
Valuation Possible Value Trap
! 6 Warning Signs
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What is Veejay Lakshmi Engineering Works Days Inventory?

Veejay Lakshmi Engineering Works BOM:522267 -2.57% 49 Days Inventory is 53.16 as of Mar. 2026, which is 63% below its 10-year median of 144.88. GuruFocus rates BOM:522267 with a GF Score™ of 49/100 and a GF Value™ of ₹56.72 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,009 Manufacturing - Apparel & Accessories companies, Veejay Lakshmi Engineering Works ranks better than 74.43% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Veejay Lakshmi Engineering Works's Average Total Inventories for the three months ended in Mar. 2026 was ₹112.1 Mil. Veejay Lakshmi Engineering Works's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹192.4 Mil. Hence, Veejay Lakshmi Engineering Works's Days Inventory for the three months ended in Mar. 2026 was 53.16.

The historical rank and industry rank for Veejay Lakshmi Engineering Works's Days Inventory or its related term are showing as below:

BOM:522267' s Days Inventory Range Over the Past 10 Years
Min: 74.33   Med: 144.88   Max: 208.75
Current: 76.35

During the past 13 years, Veejay Lakshmi Engineering Works's highest Days Inventory was 208.75. The lowest was 74.33. And the median was 144.88.

BOM:522267's Days Inventory is ranked better than
74.43% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.75 vs BOM:522267: 76.35

Veejay Lakshmi Engineering Works's Days Inventory declined from Mar. 2025 (101.73) to Mar. 2026 (53.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Veejay Lakshmi Engineering Works's Inventory Turnover for the three months ended in Mar. 2026 was 1.72.

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. Veejay Lakshmi Engineering Works's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.46.


Veejay Lakshmi Engineering Works  (BOM:522267) 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.

Veejay Lakshmi Engineering Works'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.

Veejay Lakshmi Engineering Works'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.


Veejay Lakshmi Engineering Works Days Inventory Related Terms


Veejay Lakshmi Engineering Works Days Inventory Historical Data

* Premium members only.

The historical data trend for Veejay Lakshmi Engineering Works'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.

Veejay Lakshmi Engineering Works Days Inventory Chart

Veejay Lakshmi Engineering Works 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 142.13 121.92 74.33 82.60 76.04

Veejay Lakshmi Engineering Works 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 101.73 84.09 79.66 100.91 53.16

Veejay Lakshmi Engineering Works Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Veejay Lakshmi Engineering Works'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.


Veejay Lakshmi Engineering Works Days Inventory vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Veejay Lakshmi Engineering Works's Days Inventory falls into.


BOM:522267
49GF Score
Veejay Lakshmi Engineering Works Ltd BOM:522267
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Veejay Lakshmi Engineering Works Days Inventory Calculation

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

Veejay Lakshmi Engineering Works'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
=( (142.861 + 112.09) / 2 ) / 611.892*365
=127.4755 / 611.892*365
=76.04

Veejay Lakshmi Engineering Works'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 + 112.09) / 1 ) / 192.412*365 / 4
=112.09 / 192.412*365 / 4
=53.16

* 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 53.16 mean?
Veejay Lakshmi Engineering Works (BOM:522267) has a Days Inventory of 53.16 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Veejay Lakshmi Engineering Works and its competitors. This is 63% below median its historical median of 144.88. Over the past decade, Veejay Lakshmi Engineering Works' Days Inventory has ranged from 74.33 to 208.75. According to the industry distribution chart, Veejay Lakshmi Engineering Works ranks #258 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.6%.
Is Veejay Lakshmi Engineering Works' Days Inventory too high?
Veejay Lakshmi Engineering Works' current Days Inventory of 53.16 is 63% below median its 10-year median of 144.88. Over the past 10 years, this metric has ranged from a low of 74.33 to a high of 208.75. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.75. Veejay Lakshmi Engineering Works' value of 53.16 is 60% below this industry median. Based on the distribution chart, Veejay Lakshmi Engineering Works ranks #258 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Veejay Lakshmi Engineering Works has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Veejay Lakshmi Engineering Works' Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Veejay Lakshmi Engineering Works ranks #258 out of 1009 companies for Days Inventory. This puts Veejay Lakshmi Engineering Works in the upper half of its industry. The industry median Days Inventory is 132.75. Veejay Lakshmi Engineering Works' value of 53.16 is 60% below this benchmark. Historically, Veejay Lakshmi Engineering Works' own Days Inventory has ranged from 74.33 to 208.75 over the past decade. While the company's 10-year median is 144.88 vs. the industry median of 132.75, Veejay Lakshmi Engineering Works 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 a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.75, based on 1,009 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. Veejay Lakshmi Engineering Works's current Days Inventory of 53.16 is 60% 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 Veejay Lakshmi Engineering Works 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. Veejay Lakshmi Engineering Works's current Days Inventory is 53.16, which is 63% below median its own 10-year median of 144.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veejay Lakshmi Engineering Works stock overvalued right now?
Based on GuruFocus' analysis, Veejay Lakshmi Engineering Works (BOM:522267) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.72, compared to a current price of ₹35.30 — trading 37.8% below its estimated fair value. The current Days Inventory is 53.16, which is 63% below median its 10-year median of 144.88 and 60% below the Manufacturing - Apparel & Accessories industry median of 132.75. Veejay Lakshmi Engineering Works' overall GF Score™ is 49/100 with 6 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 Veejay Lakshmi Engineering Works (BOM:522267), the current Days Inventory is 53.16 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 Veejay Lakshmi Engineering Works (BOM:522267) Overvalued in 2026?

Based on GuruFocus' analysis, Veejay Lakshmi Engineering Works stock appears to be undervalued. The current stock price of ₹35.30 is trading 37.8% below its estimated GF Value™ of ₹56.72. GuruFocus considers Veejay Lakshmi Engineering Works to be Possible Value Trap.

Key valuation signals for BOM:522267:

  • Days Inventory: 53.16 (63% below median its 10-year median of 144.88)
  • GF Value™: ₹56.72 vs. price of ₹35.30 (37.8% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 60% below the Manufacturing - Apparel & Accessories median (#258 of 1009)

No single metric tells the full story. See the BOM:522267 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veejay Lakshmi Engineering Works Business Description

Address Sengalipalayam, N.G.G.O. Colony Post, Coimbatore, TN, IND, 641022
Veejay Lakshmi Engineering Works Ltd is an Indian company that operates in the textile industry. The operating segment of the company includes Engineering and Textile. It generates maximum revenue from the Textile segment. The Textile Division is engaged in producing yarn and fabrics. Its Engineering Division is engaged in producing Two for One Twisters and Assembly Winders.
49GF Score

Get the complete analysis for BOM:522267

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

₹35.30
Price
₹56.72
GF Value