Mirza International (BOM:526642) Days Inventory: 196.29 (As of Mar. 2026) — Near Median


BOM:526642 Mirza International Ltd BOM:526642
60 GF Score
Price ₹39.79
GF Value ₹33.25
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Mirza International Days Inventory?

Mirza International BOM:526642 +2.26% 60 Days Inventory is 196.29 as of Mar. 2026, which is 8% above its 10-year median of 182.45. GuruFocus rates BOM:526642 with a GF Score™ of 60/100 and a GF Value™ of ₹33.25 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,002 Manufacturing - Apparel & Accessories companies, Mirza International ranks worse than 64.77% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Mirza International's Average Total Inventories for the three months ended in Mar. 2026 was ₹1,439 Mil. Mirza International's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹669 Mil. Hence, Mirza International's Days Inventory for the three months ended in Mar. 2026 was 196.29.

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

BOM:526642' s Days Inventory Range Over the Past 10 Years
Min: 130.15   Med: 182.45   Max: 260.26
Current: 171.15

During the past 13 years, Mirza International's highest Days Inventory was 260.26. The lowest was 130.15. And the median was 182.45.

BOM:526642's Days Inventory is ranked worse than
64.77% of 1002 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.7 vs BOM:526642: 171.15

Mirza International's Days Inventory increased from Mar. 2025 (193.79) to Mar. 2026 (196.29). It might indicate that Mirza International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mirza International's Inventory Turnover for the three months ended in Mar. 2026 was 0.46.

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. Mirza International's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.40.


Mirza International  (BOM:526642) 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.

Mirza International'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.

Mirza International'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.


Mirza International Days Inventory Related Terms


Mirza International Days Inventory Historical Data

* Premium members only.

The historical data trend for Mirza International'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.

Mirza International Days Inventory Chart

Mirza International 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 130.15 153.79 152.02 167.87 173.73

Mirza International 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 193.79 189.47 131.79 177.25 196.29

BOM:526642 vs NKE, DECK, ONON: Days Inventory Comparison

For the Footwear & Accessories subindustry, Mirza International'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.


Mirza International Days Inventory vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mirza International's Days Inventory falls into.


BOM:526642
60GF Score
Mirza International Ltd BOM:526642
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirza International Days Inventory Calculation

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

Mirza International'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
=( (1612 + 1439.3) / 2 ) / 3205.4*365
=1525.65 / 3205.4*365
=173.73

Mirza International'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 + 1439.3) / 1 ) / 669.109*365 / 4
=1439.3 / 669.109*365 / 4
=196.29

* 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 196.29 mean?
Mirza International (BOM:526642) has a Days Inventory of 196.29 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mirza International and its competitors. This is near median its historical median of 182.45. Over the past decade, Mirza International's Days Inventory has ranged from 130.15 to 260.26. According to the industry distribution chart, Mirza International ranks #649 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 64.8%.
Is Mirza International's Days Inventory too high?
Mirza International's current Days Inventory of 196.29 is near median its 10-year median of 182.45. Over the past 10 years, this metric has ranged from a low of 130.15 to a high of 260.26. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.70. Mirza International's value of 196.29 is 47.9% above this industry median. Based on the distribution chart, Mirza International ranks #649 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Mirza International has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mirza International's Days Inventory compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mirza International ranks #649 out of 1002 companies for Days Inventory. This places Mirza International in the lower half of its industry. The industry median Days Inventory is 132.70. Mirza International's value of 196.29 is 47.9% above this benchmark. Historically, Mirza International's own Days Inventory has ranged from 130.15 to 260.26 over the past decade. While the company's 10-year median is 182.45 vs. the industry median of 132.70, Mirza International 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 132.70, based on 1,002 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. Mirza International's current Days Inventory of 196.29 is 47.9% 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 Mirza International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirza International's current Days Inventory is 196.29, which is near median its own 10-year median of 182.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirza International stock overvalued right now?
Based on GuruFocus' analysis, Mirza International (BOM:526642) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹33.25, compared to a current price of ₹39.79 — trading 19.7% above its estimated fair value. The current Days Inventory is 196.29, which is near median its 10-year median of 182.45 and 47.9% above the Manufacturing - Apparel & Accessories industry median of 132.70. Mirza International's overall GF Score™ is 60/100 with 5 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 Mirza International (BOM:526642), the current Days Inventory is 196.29 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 Mirza International (BOM:526642) Overvalued in 2026?

Based on GuruFocus' analysis, Mirza International stock appears to be overvalued. The current stock price of ₹39.79 is trading 19.7% above its estimated GF Value™ of ₹33.25. GuruFocus considers Mirza International to be Modestly Overvalued.

Key valuation signals for BOM:526642:

  • Days Inventory: 196.29 (near median its 10-year median of 182.45)
  • GF Value™: ₹33.25 vs. price of ₹39.79 (19.7% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 47.9% above the Manufacturing - Apparel & Accessories median (#649 of 1002)

No single metric tells the full story. See the BOM:526642 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mirza International Business Description

Other Exchanges MIRZAINT:India
Address A-71, Sector 136, Gautam Buddha Nagar, Noida, UP, IND, 201 301
Mirza International Ltd is engaged in the manufacturing and marketing of leather footwear and finished leather. The business segments of the company include the Footwear division and Tannery Division, where the majority is generated from Footwear. Geographically, the company generates the majority of its revenue from the UK. The brands of the company include Thomas Crick, Off the Hook, and Oaktrak.
60GF Score

Get the complete analysis for BOM:526642

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

₹39.79
Price
₹33.25
GF Value