Harish Textile Engineers (BOM:542682) Days Inventory: 56.40 (As of Mar. 2026) — 25% Below Median

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BOM:542682 Harish Textile Engineers Ltd BOM:542682
75 GF Score
Price ₹66.60
GF Value ₹66.47
Valuation Fairly Valued
! 2 Warning Signs
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What is Harish Textile Engineers Days Inventory?

Harish Textile Engineers BOM:542682 +1.76% 75 Days Inventory is 56.40 as of Mar. 2026, which is 25% below its 10-year median of 75.33. GuruFocus rates BOM:542682 with a GF Score™ of 75/100 and a GF Value™ of ₹66.47 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,970 Industrial Products companies, Harish Textile Engineers ranks better than 84.31% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Harish Textile Engineers's Average Total Inventories for the three months ended in Mar. 2026 was ₹135 Mil. Harish Textile Engineers's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹219 Mil. Hence, Harish Textile Engineers's Days Inventory for the three months ended in Mar. 2026 was 56.40.

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

BOM:542682' s Days Inventory Range Over the Past 10 Years
Min: 58.25   Med: 75.33   Max: 126.27
Current: 58.25

During the past 10 years, Harish Textile Engineers's highest Days Inventory was 126.27. The lowest was 58.25. And the median was 75.33.

BOM:542682's Days Inventory is ranked better than
84.31% of 2970 companies
in the Industrial Products industry
Industry Median: 118.715 vs BOM:542682: 58.25

Harish Textile Engineers's Days Inventory declined from Mar. 2025 (60.08) to Mar. 2026 (56.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Harish Textile Engineers's Inventory Turnover for the three months ended in Mar. 2026 was 1.62.

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. Harish Textile Engineers's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.37.


Harish Textile Engineers  (BOM:542682) 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.

Harish Textile Engineers'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.

Harish Textile Engineers'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.


Harish Textile Engineers Days Inventory Related Terms


Harish Textile Engineers Days Inventory Historical Data

* Premium members only.

The historical data trend for Harish Textile Engineers'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.

Harish Textile Engineers Days Inventory Chart

Harish Textile Engineers 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 66.87 75.33 70.43 63.52 59.18

Harish Textile Engineers 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 60.08 61.77 55.80 57.45 56.40

BOM:542682 vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Harish Textile Engineers'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.


Harish Textile Engineers Days Inventory vs Industrial Products Industry

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

* The bar in red indicates where Harish Textile Engineers's Days Inventory falls into.


BOM:542682
75GF Score
Harish Textile Engineers Ltd BOM:542682
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Harish Textile Engineers Days Inventory Calculation

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

Harish Textile Engineers'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
=( (133.473 + 135.359) / 2 ) / 829.049*365
=134.416 / 829.049*365
=59.18

Harish Textile Engineers'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 + 135.359) / 1 ) / 219.016*365 / 4
=135.359 / 219.016*365 / 4
=56.40

* 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 56.40 mean?
Harish Textile Engineers (BOM:542682) has a Days Inventory of 56.40 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Harish Textile Engineers and its competitors. This is 25% below median its historical median of 75.33. Over the past decade, Harish Textile Engineers' Days Inventory has ranged from 58.25 to 126.27. According to the industry distribution chart, Harish Textile Engineers ranks #466 out of 2970 companies in the Industrial Products industry, placing it in the top 15.7%.
Is Harish Textile Engineers' Days Inventory too high?
Harish Textile Engineers' current Days Inventory of 56.40 is 25% below median its 10-year median of 75.33. Over the past 10 years, this metric has ranged from a low of 58.25 to a high of 126.27. The Industrial Products industry median Days Inventory is 118.72. Harish Textile Engineers' value of 56.40 is 52.5% below this industry median. Based on the distribution chart, Harish Textile Engineers ranks #466 out of 2970 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Harish Textile Engineers has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harish Textile Engineers' Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Harish Textile Engineers ranks #466 out of 2970 companies for Days Inventory. This places Harish Textile Engineers in the top 16% of its industry — outperforming the majority of peers. The industry median Days Inventory is 118.72. Harish Textile Engineers' value of 56.40 is 52.5% below this benchmark. Historically, Harish Textile Engineers' own Days Inventory has ranged from 58.25 to 126.27 over the past decade. While the company's 10-year median is 75.33 vs. the industry median of 118.72, Harish Textile Engineers 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 118.72, based on 2,970 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. Harish Textile Engineers's current Days Inventory of 56.40 is 52.5% 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 Harish Textile Engineers and its competitors. For the Industrial Products industry, the median Days Inventory is 118.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harish Textile Engineers's current Days Inventory is 56.40, which is 25% below median its own 10-year median of 75.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harish Textile Engineers stock overvalued right now?
Based on GuruFocus' analysis, Harish Textile Engineers (BOM:542682) is currently considered Fairly Valued. The stock's GF Value™ is ₹66.47, compared to a current price of ₹66.60 — trading 0.2% above its estimated fair value. The current Days Inventory is 56.40, which is 25% below median its 10-year median of 75.33 and 52.5% below the Industrial Products industry median of 118.72. Harish Textile Engineers' overall GF Score™ is 75/100 with 2 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 Harish Textile Engineers (BOM:542682), the current Days Inventory is 56.40 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 Harish Textile Engineers (BOM:542682) Overvalued in 2026?

Based on GuruFocus' analysis, Harish Textile Engineers stock appears to be overvalued. The current stock price of ₹66.60 is trading 0.2% above its estimated GF Value™ of ₹66.47. GuruFocus considers Harish Textile Engineers to be Fairly Valued.

Key valuation signals for BOM:542682:

  • Days Inventory: 56.40 (25% below median its 10-year median of 75.33)
  • GF Value™: ₹66.47 vs. price of ₹66.60 (0.2% above fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 52.5% below the Industrial Products median (#466 of 2970)

No single metric tells the full story. See the BOM:542682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harish Textile Engineers Business Description

Address 19, Parsi Panchayat Road, 2nd Floor, Andheri (East), Mumbai, MH, IND, 400069
Harish Textile Engineers Ltd is engaged in the manufacturing of textile processing and finishing machinery, the production of non-woven fabrics, and the production of polyester staple fiber. Its segments include Textile Engineering, Non-Woven and PSF. It offers products such as Stenter, Rotary Printing, Jigger, Dyeing Padder, Coater, Scouring, Curing, Relax Dryer, fabrics for automotive interiors, shoe liners, and various other products. The company generates key revenue from the Non-Woven segment.
75GF Score

Get the complete analysis for BOM:542682

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

₹66.60
Price
₹66.47
GF Value