Garg Furnace (BOM:530615) Days Inventory: 27.50 (As of Mar. 2026) — 15% Below Median

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BOM:530615 Garg Furnace Ltd BOM:530615
65 GF Score
Price ₹120.50
GF Value ₹177.73
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Garg Furnace Days Inventory?

Garg Furnace BOM:530615 +7.83% 65 Days Inventory is 27.50 as of Mar. 2026, which is 15% below its 10-year median of 32.25. GuruFocus rates BOM:530615 with a GF Score™ of 65/100 and a GF Value™ of ₹177.73 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 582 Steel companies, Garg Furnace ranks better than 91.24% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Garg Furnace's Average Total Inventories for the three months ended in Mar. 2026 was ₹199 Mil. Garg Furnace's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹660 Mil. Hence, Garg Furnace's Days Inventory for the three months ended in Mar. 2026 was 27.50.

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

BOM:530615' s Days Inventory Range Over the Past 10 Years
Min: 16.89   Med: 32.25   Max: 49.12
Current: 29.72

During the past 13 years, Garg Furnace's highest Days Inventory was 49.12. The lowest was 16.89. And the median was 32.25.

BOM:530615's Days Inventory is ranked better than
91.24% of 582 companies
in the Steel industry
Industry Median: 86.57 vs BOM:530615: 29.72

Garg Furnace's Days Inventory increased from Mar. 2025 (16.23) to Mar. 2026 (27.50). It might indicate that Garg Furnace's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Garg Furnace's Inventory Turnover for the three months ended in Mar. 2026 was 3.32.

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. Garg Furnace's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.25.


Garg Furnace  (BOM:530615) 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.

Garg Furnace'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.

Garg Furnace'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.


Garg Furnace Days Inventory Related Terms


Garg Furnace Days Inventory Historical Data

* Premium members only.

The historical data trend for Garg Furnace'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.

Garg Furnace Days Inventory Chart

Garg Furnace 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 30.21 25.87 16.89 17.33 26.17

Garg Furnace 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 16.23 28.45 45.47 27.97 27.50

BOM:530615 vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Garg Furnace'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.


Garg Furnace Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Garg Furnace's Days Inventory distribution charts can be found below:

* The bar in red indicates where Garg Furnace's Days Inventory falls into.


BOM:530615
65GF Score
Garg Furnace Ltd BOM:530615
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garg Furnace Days Inventory Calculation

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

Garg Furnace'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
=( (161.654 + 198.83) / 2 ) / 2513.858*365
=180.242 / 2513.858*365
=26.17

Garg Furnace'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 + 198.83) / 1 ) / 659.689*365 / 4
=198.83 / 659.689*365 / 4
=27.50

* 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 27.50 mean?
Garg Furnace (BOM:530615) has a Days Inventory of 27.50 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Garg Furnace and its competitors. This is 15% below median its historical median of 32.25. Over the past decade, Garg Furnace's Days Inventory has ranged from 16.89 to 49.12. According to the industry distribution chart, Garg Furnace ranks #51 out of 582 companies in the Steel industry, placing it in the top 8.8%.
Is Garg Furnace's Days Inventory too high?
Garg Furnace's current Days Inventory of 27.50 is 15% below median its 10-year median of 32.25. Over the past 10 years, this metric has ranged from a low of 16.89 to a high of 49.12. The Steel industry median Days Inventory is 86.57. Garg Furnace's value of 27.50 is 68.2% below this industry median. Based on the distribution chart, Garg Furnace ranks #51 out of 582 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Garg Furnace has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garg Furnace's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Garg Furnace ranks #51 out of 582 companies for Days Inventory. This places Garg Furnace in the top 9% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.57. Garg Furnace's value of 27.50 is 68.2% below this benchmark. Historically, Garg Furnace's own Days Inventory has ranged from 16.89 to 49.12 over the past decade. While the company's 10-year median is 32.25 vs. the industry median of 86.57, Garg Furnace 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 Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 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. Garg Furnace's current Days Inventory of 27.50 is 68.2% 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 Garg Furnace and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garg Furnace's current Days Inventory is 27.50, which is 15% below median its own 10-year median of 32.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garg Furnace stock overvalued right now?
Based on GuruFocus' analysis, Garg Furnace (BOM:530615) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹177.73, compared to a current price of ₹120.50 — trading 32.2% below its estimated fair value. The current Days Inventory is 27.50, which is 15% below median its 10-year median of 32.25 and 68.2% below the Steel industry median of 86.57. Garg Furnace's overall GF Score™ is 65/100 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 Garg Furnace (BOM:530615), the current Days Inventory is 27.50 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 Garg Furnace (BOM:530615) Overvalued in 2026?

Based on GuruFocus' analysis, Garg Furnace stock appears to be undervalued. The current stock price of ₹120.50 is trading 32.2% below its estimated GF Value™ of ₹177.73. GuruFocus considers Garg Furnace to be Significantly Undervalued.

Key valuation signals for BOM:530615:

  • Days Inventory: 27.50 (15% below median its 10-year median of 32.25)
  • GF Value™: ₹177.73 vs. price of ₹120.50 (32.2% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 68.2% below the Steel median (#51 of 582)

No single metric tells the full story. See the BOM:530615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garg Furnace Business Description

Address Kanganwal Road, G.T. Road, V.P.O. Jugiana, Ludhiana, PB, IND, 141120
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.
65GF Score

Get the complete analysis for BOM:530615

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

₹120.50
Price
₹177.73
GF Value