Ajax Engineering (NSE:AJAXENGG) Days Inventory: 26.84 (As of Mar. 2026) — 54% Below Median

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NSE:AJAXENGG Ajax Engineering Ltd NSE:AJAXENGG
21 GF Score
Price ₹567.60
! 2 Warning Signs
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What is Ajax Engineering Days Inventory?

Ajax Engineering NSE:AJAXENGG -0.48% 21 Days Inventory is 26.84 as of Mar. 2026, which is 54% below its 10-year median of 58.47. GuruFocus rates NSE:AJAXENGG with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Ajax Engineering ranks better than 90.87% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ajax Engineering's Average Total Inventories for the three months ended in Mar. 2026 was ₹1,652 Mil. Ajax Engineering's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹5,618 Mil. Hence, Ajax Engineering's Days Inventory for the three months ended in Mar. 2026 was 26.84.

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

NSE:AJAXENGG' s Days Inventory Range Over the Past 10 Years
Min: 49.12   Med: 58.47   Max: 113.37
Current: 50.41

During the past 5 years, Ajax Engineering's highest Days Inventory was 113.37. The lowest was 49.12. And the median was 58.47.

NSE:AJAXENGG's Days Inventory is ranked better than
90.87% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 126.87 vs NSE:AJAXENGG: 50.41

Ajax Engineering's Days Inventory declined from Mar. 2025 (40.95) to Mar. 2026 (26.84).

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. Ajax Engineering's Inventory Turnover for the three months ended in Mar. 2026 was 3.40.

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. Ajax Engineering's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.22.


Ajax Engineering  (NSE:AJAXENGG) 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.

Ajax Engineering'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.

Ajax Engineering'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.


Ajax Engineering Days Inventory Related Terms


Ajax Engineering Days Inventory Historical Data

* Premium members only.

The historical data trend for Ajax Engineering'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.

Ajax Engineering Days Inventory Chart

Ajax Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
113.37 75.33 56.55 58.47 49.12

Ajax Engineering Quarterly Data
Mar22 Mar23 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 40.95 67.93 61.58 64.00 26.84

NSE:AJAXENGG vs CAT, DE, PCAR: Days Inventory Comparison

For the Farm & Heavy Construction Machinery subindustry, Ajax Engineering'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.


Ajax Engineering Days Inventory vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ajax Engineering's Days Inventory distribution charts can be found below:

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


NSE:AJAXENGG
21GF Score
Ajax Engineering Ltd NSE:AJAXENGG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ajax Engineering Days Inventory Calculation

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

Ajax Engineering'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
=( (2575.9 + 1652.42) / 2 ) / 15710.82*365
=2114.16 / 15710.82*365
=49.12

Ajax Engineering'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 + 1652.42) / 1 ) / 5618.46*365 / 4
=1652.42 / 5618.46*365 / 4
=26.84

* 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 26.84 mean?
Ajax Engineering (NSE:AJAXENGG) has a Days Inventory of 26.84 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ajax Engineering and its competitors. This is 54% below median its historical median of 58.47. Over the past decade, Ajax Engineering's Days Inventory has ranged from 49.12 to 113.37. According to the industry distribution chart, Ajax Engineering ranks #19 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 9.1%.
Is Ajax Engineering's Days Inventory too high?
Ajax Engineering's current Days Inventory of 26.84 is 54% below median its 10-year median of 58.47. Over the past 10 years, this metric has ranged from a low of 49.12 to a high of 113.37. The Farm & Heavy Construction Machinery industry median Days Inventory is 126.87. Ajax Engineering's value of 26.84 is 78.8% below this industry median. Based on the distribution chart, Ajax Engineering ranks #19 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Ajax Engineering has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Ajax Engineering's Days Inventory compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ajax Engineering ranks #19 out of 208 companies for Days Inventory. This places Ajax Engineering in the top 9% of its industry — outperforming the majority of peers. The industry median Days Inventory is 126.87. Ajax Engineering's value of 26.84 is 78.8% below this benchmark. Historically, Ajax Engineering's own Days Inventory has ranged from 49.12 to 113.37 over the past decade. While the company's 10-year median is 58.47 vs. the industry median of 126.87, Ajax Engineering 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 Farm & Heavy Construction Machinery company?
The median Days Inventory among Farm & Heavy Construction Machinery companies is 126.87, based on 208 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. Ajax Engineering's current Days Inventory of 26.84 is 78.8% 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 Ajax Engineering and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Inventory is 126.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajax Engineering's current Days Inventory is 26.84, which is 54% below median its own 10-year median of 58.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajax Engineering stock overvalued right now?
Ajax Engineering (NSE:AJAXENGG) has a current Days Inventory of 26.84. The current Days Inventory is 26.84, which is 54% below median its 10-year median of 58.47 and 78.8% below the Farm & Heavy Construction Machinery industry median of 126.87. Ajax Engineering's overall GF Score™ is 21/100 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 Ajax Engineering (NSE:AJAXENGG), the current Days Inventory is 26.84 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.

Ajax Engineering Business Description

Other Exchanges 544356:India
Address Peenya Industrial Area, No. 253/1, 11th Main, 3rd Phase, Bangalore, KA, IND, 560058
Ajax Engineering Ltd concrete equipment manufacturer with a comprehensive range of concrete equipment, services and solutions across the concrete application value chain.
21GF Score

Get the complete analysis for NSE:AJAXENGG

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

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