Azad Engineering (NSE:AZAD) Days Inventory: 2,717.05 (As of Mar. 2026) — 469% Above Median

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NSE:AZAD Azad Engineering Ltd NSE:AZAD
45 GF Score
Price ₹2,329.70
! 9 Warning Signs
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What is Azad Engineering Days Inventory?

Azad Engineering NSE:AZAD -3.26% 45 Days Inventory is 2,717.05 as of Mar. 2026, which is 469% above its 10-year median of 477.76. GuruFocus rates NSE:AZAD with a GF Score™ of 45/100. The stock has 9 warning signs investors should review. Among 2,968 Industrial Products companies, Azad Engineering ranks worse than 99.33% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Azad Engineering's Average Total Inventories for the three months ended in Mar. 2026 was ₹3,291 Mil. Azad Engineering's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹111 Mil. Hence, Azad Engineering's Days Inventory for the three months ended in Mar. 2026 was 2,717.05.

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

NSE:AZAD' s Days Inventory Range Over the Past 10 Years
Min: 370.03   Med: 477.76   Max: 1627.76
Current: 1574.46

During the past 6 years, Azad Engineering's highest Days Inventory was 1627.76. The lowest was 370.03. And the median was 477.76.

NSE:AZAD's Days Inventory is ranked worse than
99.33% of 2968 companies
in the Industrial Products industry
Industry Median: 119.51 vs NSE:AZAD: 1574.46

Azad Engineering's Days Inventory increased from Mar. 2025 (1,065.95) to Mar. 2026 (2,717.05). It might indicate that Azad Engineering'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. Azad Engineering's Inventory Turnover for the three months ended in Mar. 2026 was 0.03.

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. Azad Engineering's Inventory-to-Revenue for the three months ended in Mar. 2026 was 2.04.


Azad Engineering  (NSE:AZAD) 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.

Azad 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.

Azad 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.


Azad Engineering Days Inventory Related Terms


Azad Engineering Days Inventory Historical Data

* Premium members only.

The historical data trend for Azad 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.

Azad Engineering Days Inventory Chart

Azad Engineering Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 370.03 453.63 501.89 923.60 1,627.76

Azad Engineering Quarterly Data
Mar21 Mar22 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 1,065.95 1,029.61 1,241.50 1,626.55 2,717.05

NSE:AZAD vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Azad 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.


Azad Engineering Days Inventory vs Industrial Products Industry

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

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


NSE:AZAD
45GF Score
Azad Engineering Ltd NSE:AZAD
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Azad Engineering Days Inventory Calculation

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

Azad 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
=( (1893.01 + 3291.13) / 2 ) / 581.23*365
=2592.07 / 581.23*365
=1,627.76

Azad 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 + 3291.13) / 1 ) / 110.53*365 / 4
=3291.13 / 110.53*365 / 4
=2,717.05

* 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 2,717.05 mean?
Azad Engineering (NSE:AZAD) has a Days Inventory of 2,717.05 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Azad Engineering and its competitors. This is 469% above median its historical median of 477.76. Over the past decade, Azad Engineering's Days Inventory has ranged from 370.03 to 1,627.76. According to the industry distribution chart, Azad Engineering ranks #2948 out of 2968 companies in the Industrial Products industry, placing it in the top 99.3%.
Is Azad Engineering's Days Inventory too high?
Azad Engineering's current Days Inventory of 2,717.05 is 469% above median its 10-year median of 477.76. Over the past 10 years, this metric has ranged from a low of 370.03 to a high of 1,627.76. The Industrial Products industry median Days Inventory is 119.51. Azad Engineering's value of 2,717.05 is 2173.5% above this industry median. Based on the distribution chart, Azad Engineering ranks #2948 out of 2968 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Azad Engineering has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Azad Engineering's Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Azad Engineering ranks #2948 out of 2968 companies for Days Inventory. This places Azad Engineering in the lower half of its industry. The industry median Days Inventory is 119.51. Azad Engineering's value of 2,717.05 is 2173.5% above this benchmark. Historically, Azad Engineering's own Days Inventory has ranged from 370.03 to 1,627.76 over the past decade. While the company's 10-year median is 477.76 vs. the industry median of 119.51, Azad Engineering 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.51, based on 2,968 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. Azad Engineering's current Days Inventory of 2,717.05 is 2173.5% 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 Azad Engineering and its competitors. For the Industrial Products industry, the median Days Inventory is 119.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azad Engineering's current Days Inventory is 2,717.05, which is 469% above median its own 10-year median of 477.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azad Engineering stock overvalued right now?
Azad Engineering (NSE:AZAD) has a current Days Inventory of 2,717.05. The current Days Inventory is 2,717.05, which is 469% above median its 10-year median of 477.76 and 2173.5% above the Industrial Products industry median of 119.51. Azad Engineering's overall GF Score™ is 45/100 with 9 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 Azad Engineering (NSE:AZAD), the current Days Inventory is 2,717.05 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.

Azad Engineering Business Description

Other Exchanges 544061:India
Address 90/C, 90/D, Phase-1, I.D.A, Jeedimetla, Hyderabad, TG, IND, 500055
Azad Engineering Ltd is an Original Equipment Manufacturer (OEM) and national defence agencies across power generation, aerospace, defence, and oil & gas. It delivers complex, high-precision components with uncompromising reliability and has earned the trust of industry leaders, including GE Vernova, Mitsubishi Heavy Industries, Rolls-Royce, Honeywell Aerospace, Siemens Energy, Eaton, Baker Hughes, and others. The company's products include 3D rotating airfoil portions of turbine engines and other key products for combustion, hydraulics, flight-controls, propulsion, and actuation which power defence and civil aircrafts, spaceships, defence missiles, nuclear power, hydrogen, gas power, oil, and thermal power. Geographically, the group generates a majority of its revenue from outside India.
45GF Score

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