Mangels Industrial (BSP:MGEL4) Days Inventory: 57.39 (As of Mar. 2026) — 13% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BSP:MGEL4 Mangels Industrial SA BSP:MGEL4
62 GF Score
Price R$5.27
GF Value R$9.60
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Mangels Industrial Days Inventory?

Mangels Industrial BSP:MGEL4 -0.19% 62 Days Inventory is 57.39 as of Mar. 2026, which is 13% above its 10-year median of 50.81. GuruFocus rates BSP:MGEL4 with a GF Score™ of 62/100 and a GF Value™ of R$9.60 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 582 Steel companies, Mangels Industrial ranks better than 77.32% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Mangels Industrial's Average Total Inventories for the three months ended in Mar. 2026 was R$150 Mil. Mangels Industrial's Cost of Goods Sold for the three months ended in Mar. 2026 was R$238 Mil. Hence, Mangels Industrial's Days Inventory for the three months ended in Mar. 2026 was 57.39.

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

BSP:MGEL4' s Days Inventory Range Over the Past 10 Years
Min: 39.21   Med: 50.81   Max: 55.46
Current: 53.6

During the past 13 years, Mangels Industrial's highest Days Inventory was 55.46. The lowest was 39.21. And the median was 50.81.

BSP:MGEL4's Days Inventory is ranked better than
77.32% of 582 companies
in the Steel industry
Industry Median: 86.57 vs BSP:MGEL4: 53.60

Mangels Industrial's Days Inventory increased from Mar. 2025 (54.95) to Mar. 2026 (57.39). It might indicate that Mangels Industrial's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mangels Industrial's Inventory Turnover for the three months ended in Mar. 2026 was 1.59.

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. Mangels Industrial's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.56.


Mangels Industrial  (BSP:MGEL4) 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.

Mangels Industrial'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.

Mangels Industrial'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.


Mangels Industrial Days Inventory Related Terms


Mangels Industrial Days Inventory Historical Data

* Premium members only.

The historical data trend for Mangels Industrial'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.

Mangels Industrial Days Inventory Chart

Mangels Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.80 55.31 55.46 53.39 52.41

Mangels Industrial 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 54.95 53.83 45.62 53.65 57.39

BSP:MGEL4 vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Mangels Industrial'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.


Mangels Industrial Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Mangels Industrial's Days Inventory distribution charts can be found below:

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


BSP:MGEL4
62GF Score
Mangels Industrial SA BSP:MGEL4
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mangels Industrial Days Inventory Calculation

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

Mangels Industrial's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (125.615 + 140.997) / 2 ) / 928.369*365
=133.306 / 928.369*365
=52.41

Mangels Industrial'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
=( (140.997 + 158.329) / 2 ) / 237.947*365 / 4
=149.663 / 237.947*365 / 4
=57.39

* 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 57.39 mean?
Mangels Industrial (BSP:MGEL4) has a Days Inventory of 57.39 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mangels Industrial and its competitors. This is 13% above median its historical median of 50.81. Over the past decade, Mangels Industrial's Days Inventory has ranged from 39.21 to 55.46. According to the industry distribution chart, Mangels Industrial ranks #132 out of 582 companies in the Steel industry, placing it in the top 22.7%.
Is Mangels Industrial's Days Inventory too high?
Mangels Industrial's current Days Inventory of 57.39 is 13% above median its 10-year median of 50.81. Over the past 10 years, this metric has ranged from a low of 39.21 to a high of 55.46. The Steel industry median Days Inventory is 86.57. Mangels Industrial's value of 57.39 is 33.7% below this industry median. Based on the distribution chart, Mangels Industrial ranks #132 out of 582 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mangels Industrial 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 Mangels Industrial's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Mangels Industrial ranks #132 out of 582 companies for Days Inventory. This places Mangels Industrial in the top 23% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.57. Mangels Industrial's value of 57.39 is 33.7% below this benchmark. Historically, Mangels Industrial's own Days Inventory has ranged from 39.21 to 55.46 over the past decade. While the company's 10-year median is 50.81 vs. the industry median of 86.57, Mangels Industrial 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 a Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 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. Mangels Industrial's current Days Inventory of 57.39 is 33.7% 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 Mangels Industrial and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangels Industrial's current Days Inventory is 57.39, which is 13% above median its own 10-year median of 50.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangels Industrial stock overvalued right now?
Based on GuruFocus' analysis, Mangels Industrial (BSP:MGEL4) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.60, compared to a current price of R$5.27 — trading 45.1% below its estimated fair value. The current Days Inventory is 57.39, which is 13% above median its 10-year median of 50.81 and 33.7% below the Steel industry median of 86.57. Mangels Industrial's overall GF Score™ is 62/100 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 Mangels Industrial (BSP:MGEL4), the current Days Inventory is 57.39 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 Mangels Industrial (BSP:MGEL4) Overvalued in 2026?

Based on GuruFocus' analysis, Mangels Industrial stock appears to be undervalued. The current stock price of R$5.27 is trading 45.1% below its estimated GF Value™ of R$9.60. GuruFocus considers Mangels Industrial to be Possible Value Trap.

Key valuation signals for BSP:MGEL4:

  • Days Inventory: 57.39 (13% above median its 10-year median of 50.81)
  • GF Value™: R$9.60 vs. price of R$5.27 (45.1% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 33.7% below the Steel median (#132 of 582)

No single metric tells the full story. See the BSP:MGEL4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mangels Industrial Business Description

Address Rua Verbo Divino 1488, 6th floor, Suite 61A and 64D, Chacara Santo, Antonio, Sao Paulo, SP, BRA, 04719904
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.
62GF Score

Get the complete analysis for BSP:MGEL4

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

R$5.27
Price
R$9.60
GF Value