El Forge (BOM:531144) Days Inventory: 26.67 (As of Mar. 2026) — 71% Below Median

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BOM:531144 El Forge Ltd BOM:531144
68 GF Score
Price ₹18.38
GF Value ₹17.65
Valuation Fairly Valued
! 4 Warning Signs
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What is El Forge Days Inventory?

El Forge BOM:531144 +1.49% 68 Days Inventory is 26.67 as of Mar. 2026, which is 71% below its 10-year median of 93.00. GuruFocus rates BOM:531144 with a GF Score™ of 68/100 and a GF Value™ of ₹17.65 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,971 Industrial Products companies, El Forge ranks better than 94.45% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). El Forge's Average Total Inventories for the three months ended in Mar. 2026 was ₹38.9 Mil. El Forge's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹132.9 Mil. Hence, El Forge's Days Inventory for the three months ended in Mar. 2026 was 26.67.

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

BOM:531144' s Days Inventory Range Over the Past 10 Years
Min: 26.73   Med: 93   Max: 343.69
Current: 31.4

During the past 13 years, El Forge's highest Days Inventory was 343.69. The lowest was 26.73. And the median was 93.00.

BOM:531144's Days Inventory is ranked better than
94.45% of 2971 companies
in the Industrial Products industry
Industry Median: 120.06 vs BOM:531144: 31.40

El Forge's Days Inventory increased from Mar. 2025 (25.50) to Mar. 2026 (26.67). It might indicate that El Forge's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. El Forge's Inventory Turnover for the three months ended in Mar. 2026 was 3.42.

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. El Forge's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.17.


El Forge  (BOM:531144) 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.

El Forge'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.

El Forge'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.


El Forge Days Inventory Related Terms


El Forge Days Inventory Historical Data

* Premium members only.

The historical data trend for El Forge'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.

El Forge Days Inventory Chart

El Forge 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 63.01 46.24 35.18 27.86 26.73

El Forge 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 25.50 28.42 42.01 34.12 26.67

BOM:531144 vs CRS, ATI, MLI: Days Inventory Comparison

For the Metal Fabrication subindustry, El Forge'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.


El Forge Days Inventory vs Industrial Products Industry

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

* The bar in red indicates where El Forge's Days Inventory falls into.


BOM:531144
68GF Score
El Forge Ltd BOM:531144
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

El Forge Days Inventory Calculation

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

El Forge'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
=( (33.384 + 38.727) / 2 ) / 492.29*365
=36.0555 / 492.29*365
=26.73

El Forge'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
=( (38.999 + 38.727) / 2 ) / 132.949*365 / 4
=38.863 / 132.949*365 / 4
=26.67

* 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 26.67 mean?
El Forge (BOM:531144) has a Days Inventory of 26.67 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on El Forge and its competitors. This is 71% below median its historical median of 93.00. Over the past decade, El Forge's Days Inventory has ranged from 26.73 to 343.69. According to the industry distribution chart, El Forge ranks #165 out of 2971 companies in the Industrial Products industry, placing it in the top 5.6%.
Is El Forge's Days Inventory too high?
El Forge's current Days Inventory of 26.67 is 71% below median its 10-year median of 93.00. Over the past 10 years, this metric has ranged from a low of 26.73 to a high of 343.69. The Industrial Products industry median Days Inventory is 120.06. El Forge's value of 26.67 is 77.8% below this industry median. Based on the distribution chart, El Forge ranks #165 out of 2971 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, El Forge has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does El Forge's Days Inventory compare to CRS and ATI?
According to the Industrial Products industry distribution chart, El Forge ranks #165 out of 2971 companies for Days Inventory. This places El Forge in the top 6% of its industry — outperforming the majority of peers. The industry median Days Inventory is 120.06. El Forge's value of 26.67 is 77.8% below this benchmark. Historically, El Forge's own Days Inventory has ranged from 26.73 to 343.69 over the past decade. While the company's 10-year median is 93.00 vs. the industry median of 120.06, El Forge 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 120.06, based on 2,971 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. El Forge's current Days Inventory of 26.67 is 77.8% 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 El Forge and its competitors. For the Industrial Products industry, the median Days Inventory is 120.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. El Forge's current Days Inventory is 26.67, which is 71% below median its own 10-year median of 93.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El Forge stock overvalued right now?
Based on GuruFocus' analysis, El Forge (BOM:531144) is currently considered Fairly Valued. The stock's GF Value™ is ₹17.65, compared to a current price of ₹18.38 — trading 4.1% above its estimated fair value. The current Days Inventory is 26.67, which is 71% below median its 10-year median of 93.00 and 77.8% below the Industrial Products industry median of 120.06. El Forge's overall GF Score™ is 68/100 with 4 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 El Forge (BOM:531144), the current Days Inventory is 26.67 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 El Forge (BOM:531144) Overvalued in 2026?

Based on GuruFocus' analysis, El Forge stock appears to be overvalued. The current stock price of ₹18.38 is trading 4.1% above its estimated GF Value™ of ₹17.65. GuruFocus considers El Forge to be Fairly Valued.

Key valuation signals for BOM:531144:

  • Days Inventory: 26.67 (71% below median its 10-year median of 93.00)
  • GF Value™: ₹17.65 vs. price of ₹18.38 (4.1% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 77.8% below the Industrial Products median (#165 of 2971)

No single metric tells the full story. See the BOM:531144 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


El Forge Business Description

Address Eldams Road, 21C, A.R.K.Colony, Alwarpet, Chennai, TN, IND, 600018
El Forge Ltd is a manufacturer of forged and semi-machined parts for both Automotive and non-automotive sectors. It is engaged in the business of manufacturing Rough Steel Forgings i.e., fuel injection forgings, steering rods, tie rods, engine and gear boxes, starter items etc. for automobile industry. The company's products include closed die forgings, light-duty crankshafts, connecting rods, rocker arms, transmission parts, wheel hubs, valve parts, claw pokes, brake parts, and socket for ball joint. Its segments are the Manufacture and sale of steel forgings, and Land and Development. The majority of the revenue is derived from the sale of steel forgings.
68GF Score

Get the complete analysis for BOM:531144

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

₹18.38
Price
₹17.65
GF Value