JTL Defence (BOM:537254) Days Inventory: 178.78 (As of Jun. 2026) — 102% Above 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:537254 JTL Defence Ltd BOM:537254
36 GF Score
Price ₹631.35
GF Value ₹53.54
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is JTL Defence Days Inventory?

JTL Defence BOM:537254 36 Days Inventory is 178.78 as of Jun. 2026, which is 102% above its 10-year median of 88.30. GuruFocus rates BOM:537254 with a GF Score™ of 36/100 and a GF Value™ of ₹53.54 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 687 Metals & Mining companies, JTL Defence ranks worse than 93.01% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). JTL Defence's Average Total Inventories for the three months ended in Jun. 2026 was ₹336.5 Mil. JTL Defence's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹171.7 Mil. Hence, JTL Defence's Days Inventory for the three months ended in Jun. 2026 was 178.78.

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

BOM:537254' s Days Inventory Range Over the Past 10 Years
Min: 16.11   Med: 88.3   Max: 1742.01
Current: 156.95

During the past 13 years, JTL Defence's highest Days Inventory was 1742.01. The lowest was 16.11. And the median was 88.30.

BOM:537254's Days Inventory is ranked worse than
93.01% of 687 companies
in the Metals & Mining industry
Industry Median: 86.48 vs BOM:537254: 156.95

JTL Defence's Days Inventory declined from Mar. 2025 (187,701.25) to Jun. 2026 (178.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. JTL Defence's Inventory Turnover for the three months ended in Jun. 2026 was 0.51.

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. JTL Defence's Inventory-to-Revenue for the three months ended in Jun. 2026 was 1.58.


JTL Defence  (BOM:537254) 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.

JTL Defence's Inventory Turnover for the three months ended in Jun. 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.

JTL Defence's Inventory to Revenue for the three months ended in Jun. 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.


JTL Defence Days Inventory Related Terms


JTL Defence Days Inventory Historical Data

* Premium members only.

The historical data trend for JTL Defence'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.

JTL Defence Days Inventory Chart

JTL Defence 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 102.05 74.55 268.51 1,742.01 826.49

JTL Defence Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
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 187,701.25 0.00 0.00 162.76 178.78

BOM:537254 vs SCCO, FCX: Days Inventory Comparison

For the Copper subindustry, JTL Defence'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.


JTL Defence Days Inventory vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, JTL Defence's Days Inventory distribution charts can be found below:

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


BOM:537254
36GF Score
JTL Defence Ltd BOM:537254
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTL Defence Days Inventory Calculation

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

JTL Defence'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
=( (4.114 + 336.467) / 2 ) / 75.205*365
=170.2905 / 75.205*365
=826.49

JTL Defence's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (336.467 + 0) / 1 ) / 171.733*365 / 4
=336.467 / 171.733*365 / 4
=178.78

* 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 178.78 mean?
JTL Defence (BOM:537254) has a Days Inventory of 178.78 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on JTL Defence and its competitors. This is 102% above median its historical median of 88.30. Over the past decade, JTL Defence's Days Inventory has ranged from 16.11 to 1,742.01. According to the industry distribution chart, JTL Defence ranks #639 out of 687 companies in the Metals & Mining industry, placing it in the top 93%.
Is JTL Defence's Days Inventory too high?
JTL Defence's current Days Inventory of 178.78 is 102% above median its 10-year median of 88.30. Over the past 10 years, this metric has ranged from a low of 16.11 to a high of 1,742.01. The Metals & Mining industry median Days Inventory is 86.48. JTL Defence's value of 178.78 is 106.7% above this industry median. Based on the distribution chart, JTL Defence ranks #639 out of 687 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, JTL Defence has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTL Defence's Days Inventory compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, JTL Defence ranks #639 out of 687 companies for Days Inventory. This places JTL Defence in the lower half of its industry. The industry median Days Inventory is 86.48. JTL Defence's value of 178.78 is 106.7% above this benchmark. Historically, JTL Defence's own Days Inventory has ranged from 16.11 to 1,742.01 over the past decade. While the company's 10-year median is 88.30 vs. the industry median of 86.48, JTL Defence 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 Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.48, based on 687 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. JTL Defence's current Days Inventory of 178.78 is 106.7% 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 JTL Defence and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTL Defence's current Days Inventory is 178.78, which is 102% above median its own 10-year median of 88.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Defence stock overvalued right now?
Based on GuruFocus' analysis, JTL Defence (BOM:537254) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹53.54, compared to a current price of ₹631.35 — trading 1079.2% above its estimated fair value. The current Days Inventory is 178.78, which is 102% above median its 10-year median of 88.30 and 106.7% above the Metals & Mining industry median of 86.48. JTL Defence's overall GF Score™ is 36/100 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 JTL Defence (BOM:537254), the current Days Inventory is 178.78 as of Jun. 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 JTL Defence (BOM:537254) Overvalued in 2026?

Based on GuruFocus' analysis, JTL Defence stock appears to be overvalued. The current stock price of ₹631.35 is trading 1079.2% above its estimated GF Value™ of ₹53.54. GuruFocus considers JTL Defence to be Significantly Overvalued.

Key valuation signals for BOM:537254:

  • Days Inventory: 178.78 (102% above median its 10-year median of 88.30)
  • GF Value™: ₹53.54 vs. price of ₹631.35 (1079.2% above fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 106.7% above the Metals & Mining median (#639 of 687)

No single metric tells the full story. See the BOM:537254 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTL Defence Business Description

Address Asaf Ali Road, 1/10-B, First Floor, MPL No-VIII / 3428, Munshi Niketan Building, Central Delhi, Delhi, IND, 110002
JTL Defence Ltd, formerly RCI Industries & Technologies Ltd is principally engaged in the manufacturing of copper and copper products. The main objective of the company is to manufacture, import, export, trade, and deal in all types of metal and metal products. Its product range includes Round and Flat Rolled Copper and Copper Alloys, which are used for various electrical and industrial applications in different industries, such as automobile, engineering, defense, construction, electronics, and others. The majority of the company's revenue is derived from the sales of its products in the domestic market.
36GF Score

Get the complete analysis for BOM:537254

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

₹631.35
Price
₹53.54
GF Value