Manaksia (BOM:532932) Days Inventory: 32.59 (As of Mar. 2026) — 51% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532932 Manaksia Ltd BOM:532932
72 GF Score
Price ₹55.20
GF Value ₹93.65
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Manaksia Days Inventory?

Manaksia BOM:532932 -1.43% 72 Days Inventory is 32.59 as of Mar. 2026, which is 51% below its 10-year median of 66.20. GuruFocus rates BOM:532932 with a GF Score™ of 72/100 and a GF Value™ of ₹93.65 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,971 Industrial Products companies, Manaksia ranks better than 90.74% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Manaksia's Average Total Inventories for the three months ended in Mar. 2026 was ₹663 Mil. Manaksia's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,855 Mil. Hence, Manaksia's Days Inventory for the three months ended in Mar. 2026 was 32.59.

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

BOM:532932' s Days Inventory Range Over the Past 10 Years
Min: 43.42   Med: 66.2   Max: 95.93
Current: 43.42

During the past 13 years, Manaksia's highest Days Inventory was 95.93. The lowest was 43.42. And the median was 66.20.

BOM:532932's Days Inventory is ranked better than
90.74% of 2971 companies
in the Industrial Products industry
Industry Median: 119.55 vs BOM:532932: 43.42

Manaksia's Days Inventory declined from Mar. 2025 (38.46) to Mar. 2026 (32.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Manaksia's Inventory Turnover for the three months ended in Mar. 2026 was 2.80.

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. Manaksia's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.28.


Manaksia  (BOM:532932) 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.

Manaksia'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.

Manaksia'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.


Manaksia Days Inventory Related Terms


Manaksia Days Inventory Historical Data

* Premium members only.

The historical data trend for Manaksia'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.

Manaksia Days Inventory Chart

Manaksia 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 65.58 47.51 49.31 52.55 46.87

Manaksia 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 38.46 63.77 36.92 37.98 32.59

BOM:532932 vs CRS, ATI, MLI: Days Inventory Comparison

For the Metal Fabrication subindustry, Manaksia'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.


Manaksia Days Inventory vs Industrial Products Industry

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

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


BOM:532932
72GF Score
Manaksia Ltd BOM:532932
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manaksia Days Inventory Calculation

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

Manaksia'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
=( (948.043 + 662.53) / 2 ) / 6270.533*365
=805.2865 / 6270.533*365
=46.87

Manaksia'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 + 662.53) / 1 ) / 1855.239*365 / 4
=662.53 / 1855.239*365 / 4
=32.59

* 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 32.59 mean?
Manaksia (BOM:532932) has a Days Inventory of 32.59 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Manaksia and its competitors. This is 51% below median its historical median of 66.20. Over the past decade, Manaksia's Days Inventory has ranged from 43.42 to 95.93. According to the industry distribution chart, Manaksia ranks #275 out of 2971 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Manaksia's Days Inventory too high?
Manaksia's current Days Inventory of 32.59 is 51% below median its 10-year median of 66.20. Over the past 10 years, this metric has ranged from a low of 43.42 to a high of 95.93. The Industrial Products industry median Days Inventory is 119.55. Manaksia's value of 32.59 is 72.7% below this industry median. Based on the distribution chart, Manaksia ranks #275 out of 2971 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Manaksia has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Manaksia's Days Inventory compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Manaksia ranks #275 out of 2971 companies for Days Inventory. This places Manaksia in the top 9% of its industry — outperforming the majority of peers. The industry median Days Inventory is 119.55. Manaksia's value of 32.59 is 72.7% below this benchmark. Historically, Manaksia's own Days Inventory has ranged from 43.42 to 95.93 over the past decade. While the company's 10-year median is 66.20 vs. the industry median of 119.55, Manaksia 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 119.55, 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. Manaksia's current Days Inventory of 32.59 is 72.7% 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 Manaksia and its competitors. For the Industrial Products industry, the median Days Inventory is 119.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manaksia's current Days Inventory is 32.59, which is 51% below median its own 10-year median of 66.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manaksia stock overvalued right now?
Based on GuruFocus' analysis, Manaksia (BOM:532932) is currently considered Possible Value Trap. The stock's GF Value™ is ₹93.65, compared to a current price of ₹55.20 — trading 41.1% below its estimated fair value. The current Days Inventory is 32.59, which is 51% below median its 10-year median of 66.20 and 72.7% below the Industrial Products industry median of 119.55. Manaksia's overall GF Score™ is 72/100 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 Manaksia (BOM:532932), the current Days Inventory is 32.59 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 Manaksia (BOM:532932) Overvalued in 2026?

Based on GuruFocus' analysis, Manaksia stock appears to be undervalued. The current stock price of ₹55.20 is trading 41.1% below its estimated GF Value™ of ₹93.65. GuruFocus considers Manaksia to be Possible Value Trap.

Key valuation signals for BOM:532932:

  • Days Inventory: 32.59 (51% below median its 10-year median of 66.20)
  • GF Value™: ₹93.65 vs. price of ₹55.20 (41.1% below fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 72.7% below the Industrial Products median (#275 of 2971)

No single metric tells the full story. See the BOM:532932 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manaksia Business Description

Other Exchanges MANAKSIA:India
Address 6 Lyons Range, Turner Morrison Building, Mezzanine Floor, North-West Corner, Kolkata, WB, IND, 700 001
Manaksia Ltd is an Indian company engaged in the manufacture of value-added secondary steel products. It has three operating business segments. Metal Products segment, which is the key revenue driver, consists of manufacture and sale of Aluminium and Steel galvanized sheets, coils, PP Cap, Crown Closures, Metal Containers, EP Liners, Washer, EP Sheets, among others. Packaging segment consists of the manufacture and sale of Kraft Paper. The others segment consists of trading of spare parts of machine including paper machine and consumables, among others. The manufacturing units of the company are located in Nigeria, Ghana, and India. Geographically it has operations within India and outside India. The majority of revenue is derived from outside India.
72GF Score

Get the complete analysis for BOM:532932

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

₹55.20
Price
₹93.65
GF Value