Mercury Ev-Tech (BOM:531357) Days Inventory: 393.09 (As of Mar. 2026) — 103% Above Median

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BOM:531357 Mercury Ev-Tech Ltd BOM:531357
62 GF Score
Price ₹35.97
GF Value ₹161.33
Valuation Possible Value Trap
! 5 Warning Signs
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What is Mercury Ev-Tech Days Inventory?

Mercury Ev-Tech BOM:531357 +2.10% 62 Days Inventory is 393.09 as of Mar. 2026, which is 103% above its 10-year median of 193.94. GuruFocus rates BOM:531357 with a GF Score™ of 62/100 and a GF Value™ of ₹161.33 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,290 Vehicles & Parts companies, Mercury Ev-Tech ranks worse than 96.51% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Mercury Ev-Tech's Average Total Inventories for the three months ended in Mar. 2026 was ₹719 Mil. Mercury Ev-Tech's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹167 Mil. Hence, Mercury Ev-Tech's Days Inventory for the three months ended in Mar. 2026 was 393.09.

The historical rank and industry rank for Mercury Ev-Tech's Days Inventory or its related term are showing as below:

BOM:531357' s Days Inventory Range Over the Past 10 Years
Min: 113.25   Med: 193.94   Max: 809.5
Current: 290.67

During the past 13 years, Mercury Ev-Tech's highest Days Inventory was 809.50. The lowest was 113.25. And the median was 193.94.

BOM:531357's Days Inventory is ranked worse than
96.51% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 80.755 vs BOM:531357: 290.67

Mercury Ev-Tech's Days Inventory increased from Mar. 2025 (148.76) to Mar. 2026 (393.09). It might indicate that Mercury Ev-Tech'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. Mercury Ev-Tech's Inventory Turnover for the three months ended in Mar. 2026 was 0.23.

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. Mercury Ev-Tech's Inventory-to-Revenue for the three months ended in Mar. 2026 was 3.56.


Mercury Ev-Tech  (BOM:531357) 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.

Mercury Ev-Tech'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.

Mercury Ev-Tech'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.


Mercury Ev-Tech Days Inventory Related Terms


Mercury Ev-Tech Days Inventory Historical Data

* Premium members only.

The historical data trend for Mercury Ev-Tech'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.

Mercury Ev-Tech Days Inventory Chart

Mercury Ev-Tech 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 0.00 226.02 161.85 131.16 284.80

Mercury Ev-Tech 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 148.76 262.77 224.09 322.84 393.09

BOM:531357 vs TSLA, GM, F: Days Inventory Comparison

For the Auto Manufacturers subindustry, Mercury Ev-Tech'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.


Mercury Ev-Tech Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercury Ev-Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mercury Ev-Tech's Days Inventory falls into.


BOM:531357
62GF Score
Mercury Ev-Tech Ltd BOM:531357
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercury Ev-Tech Days Inventory Calculation

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

Mercury Ev-Tech'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
=( (435.215 + 719.253) / 2 ) / 739.777*365
=577.234 / 739.777*365
=284.80

Mercury Ev-Tech'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 + 719.253) / 1 ) / 166.966*365 / 4
=719.253 / 166.966*365 / 4
=393.09

* 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 393.09 mean?
Mercury Ev-Tech (BOM:531357) has a Days Inventory of 393.09 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mercury Ev-Tech and its competitors. This is 103% above median its historical median of 193.94. Over the past decade, Mercury Ev-Tech's Days Inventory has ranged from 113.25 to 809.50. According to the industry distribution chart, Mercury Ev-Tech ranks #1245 out of 1290 companies in the Vehicles & Parts industry, placing it in the top 96.5%.
Is Mercury Ev-Tech's Days Inventory too high?
Mercury Ev-Tech's current Days Inventory of 393.09 is 103% above median its 10-year median of 193.94. Over the past 10 years, this metric has ranged from a low of 113.25 to a high of 809.50. The Vehicles & Parts industry median Days Inventory is 80.76. Mercury Ev-Tech's value of 393.09 is 386.8% above this industry median. Based on the distribution chart, Mercury Ev-Tech ranks #1245 out of 1290 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Mercury Ev-Tech has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mercury Ev-Tech's Days Inventory compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercury Ev-Tech ranks #1245 out of 1290 companies for Days Inventory. This places Mercury Ev-Tech in the lower half of its industry. The industry median Days Inventory is 80.76. Mercury Ev-Tech's value of 393.09 is 386.8% above this benchmark. Historically, Mercury Ev-Tech's own Days Inventory has ranged from 113.25 to 809.50 over the past decade. While the company's 10-year median is 193.94 vs. the industry median of 80.76, Mercury Ev-Tech 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 Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.76, based on 1,290 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. Mercury Ev-Tech's current Days Inventory of 393.09 is 386.8% 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 Mercury Ev-Tech and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury Ev-Tech's current Days Inventory is 393.09, which is 103% above median its own 10-year median of 193.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury Ev-Tech stock overvalued right now?
Based on GuruFocus' analysis, Mercury Ev-Tech (BOM:531357) is currently considered Possible Value Trap. The stock's GF Value™ is ₹161.33, compared to a current price of ₹35.97 — trading 77.7% below its estimated fair value. The current Days Inventory is 393.09, which is 103% above median its 10-year median of 193.94 and 386.8% above the Vehicles & Parts industry median of 80.76. Mercury Ev-Tech's overall GF Score™ is 62/100 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 Mercury Ev-Tech (BOM:531357), the current Days Inventory is 393.09 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 Mercury Ev-Tech (BOM:531357) Overvalued in 2026?

Based on GuruFocus' analysis, Mercury Ev-Tech stock appears to be undervalued. The current stock price of ₹35.97 is trading 77.7% below its estimated GF Value™ of ₹161.33. GuruFocus considers Mercury Ev-Tech to be Possible Value Trap.

Key valuation signals for BOM:531357:

  • Days Inventory: 393.09 (103% above median its 10-year median of 193.94)
  • GF Value™: ₹161.33 vs. price of ₹35.97 (77.7% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 386.8% above the Vehicles & Parts median (#1245 of 1290)

No single metric tells the full story. See the BOM:531357 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercury Ev-Tech Business Description

Other Exchanges MERCURYEV:India
Address 367-368, GIDC, Por, Village – Por, District Vadodara, Vadodara, GJ, IND, 391243
Mercury Ev-Tech Ltd is engaged in the manufacturing of Electric scooters, Electric cars, Electric buses, Electric Vintage cars, Electric Golf cars, and Electric Vehicles in India. The company develops custom electric vehicles for a wide range of applications for the hospitality, industry, golf courses, clubs and resorts, etc.
62GF Score

Get the complete analysis for BOM:531357

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

₹35.97
Price
₹161.33
GF Value