Advance Technoforge (BOM:544843) Days Inventory: 106.88 (As of Mar. 2026) — 53% Above Median

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BOM:544843 Advance Technoforge Ltd BOM:544843
11 GF Score
Price ₹75.67
! 4 Warning Signs
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What is Advance Technoforge Days Inventory?

Advance Technoforge BOM:544843 +4.17% 11 Days Inventory is 106.88 as of Mar. 2026, which is 53% above its 10-year median of 69.67. GuruFocus rates BOM:544843 with a GF Score™ of 11/100. The stock has 4 warning signs investors should review. Among 2,972 Industrial Products companies, Advance Technoforge ranks better than 56.09% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Advance Technoforge's Average Total Inventories for the six months ended in Mar. 2026 was ₹103.0 Mil. Advance Technoforge's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹351.8 Mil. Hence, Advance Technoforge's Days Inventory for the six months ended in Mar. 2026 was 53.44.

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

BOM:544843' s Days Inventory Range Over the Past 10 Years
Min: 62.53   Med: 69.67   Max: 106.88
Current: 106.88

During the past 4 years, Advance Technoforge's highest Days Inventory was 106.88. The lowest was 62.53. And the median was 69.67.

BOM:544843's Days Inventory is ranked better than
56.09% of 2972 companies
in the Industrial Products industry
Industry Median: 118.63 vs BOM:544843: 106.88

Advance Technoforge's Days Inventory increased from Mar. 2024 (63.02) to Mar. 2026 (106.88). It might indicate that Advance Technoforge'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. Advance Technoforge's Inventory Turnover for the six 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. Advance Technoforge's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.21.


Advance Technoforge  (BOM:544843) 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.

Advance Technoforge's Inventory Turnover for the six 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.

Advance Technoforge's Inventory to Revenue for the six 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.


Advance Technoforge Days Inventory Related Terms


Advance Technoforge Days Inventory Historical Data

* Premium members only.

The historical data trend for Advance Technoforge'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.

Advance Technoforge Days Inventory Chart

Advance Technoforge Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Inventory
62.53 63.02 76.32 106.88

Advance Technoforge Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Days Inventory 62.53 63.02 76.32 106.88

BOM:544843 vs ATI, CRS, MLI: Days Inventory Comparison

For the Metal Fabrication subindustry, Advance Technoforge'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.


Advance Technoforge Days Inventory vs Industrial Products Industry

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

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


BOM:544843
11GF Score
Advance Technoforge Ltd BOM:544843
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Advance Technoforge Days Inventory Calculation

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

Advance Technoforge'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
=( (80.794 + 125.255) / 2 ) / 351.844*365
=103.0245 / 351.844*365
=106.88

Advance Technoforge'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: Mar. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (80.794 + 125.255) / 2 ) / 351.844*365 / 2
=103.0245 / 351.844*365 / 2
=53.44

* 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 106.88 mean?
Advance Technoforge (BOM:544843) has a Days Inventory of 106.88 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Advance Technoforge and its competitors. This is 53% above median its historical median of 69.67. Over the past decade, Advance Technoforge's Days Inventory has ranged from 62.53 to 106.88. According to the industry distribution chart, Advance Technoforge ranks #1305 out of 2972 companies in the Industrial Products industry, placing it in the top 43.9%.
Is Advance Technoforge's Days Inventory too high?
Advance Technoforge's current Days Inventory of 106.88 is 53% above median its 10-year median of 69.67. Over the past 10 years, this metric has ranged from a low of 62.53 to a high of 106.88. The Industrial Products industry median Days Inventory is 118.63. Advance Technoforge's value of 106.88 is 9.9% below this industry median. Based on the distribution chart, Advance Technoforge ranks #1305 out of 2972 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Advance Technoforge has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Advance Technoforge's Days Inventory compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Advance Technoforge ranks #1305 out of 2972 companies for Days Inventory. This puts Advance Technoforge in the upper half of its industry. The industry median Days Inventory is 118.63. Advance Technoforge's value of 106.88 is 9.9% below this benchmark. Historically, Advance Technoforge's own Days Inventory has ranged from 62.53 to 106.88 over the past decade. While the company's 10-year median is 69.67 vs. the industry median of 118.63, Advance Technoforge 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 118.63, based on 2,972 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. Advance Technoforge's current Days Inventory of 106.88 is 9.9% 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 Advance Technoforge and its competitors. For the Industrial Products industry, the median Days Inventory is 118.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Technoforge's current Days Inventory is 106.88, which is 53% above median its own 10-year median of 69.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Technoforge stock overvalued right now?
Advance Technoforge (BOM:544843) has a current Days Inventory of 106.88. The current Days Inventory is 106.88, which is 53% above median its 10-year median of 69.67 and 9.9% below the Industrial Products industry median of 118.63. Advance Technoforge's overall GF Score™ is 11/100 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 Advance Technoforge (BOM:544843), the current Days Inventory is 106.88 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.

Advance Technoforge Business Description

Address At. & Po. Padavala Road, Survey No. 121, Plot No.1 to 6, Opposite Eaterflow Piping System, Veraval Shapar Industrial Area, Lodhika, Rajkot, GJ, IND, 360024
Advance Technoforge Ltd is engaged in the manufacturing of forged steel machined components of Carbon Steel, Alloy Steel, and Stainless Steel, specializing in Closed Die Forging, Upset Forging and Ring Rolling Forging in both rough and precision machined conditions. The company supplies these products to automotive, General engineering, oil & gas, Earth Moving and heavy machinery industries. The majority of its revenue is derived from the sale of its products in India.
11GF Score

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

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