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Bharat ElectronicsNSE:BEL -0.17%99 Days Inventory is 175.39 as of Mar. 2026, which is 28% below its 10-year median of 243.88. GuruFocus rates NSE:BEL with a GF Score™ of 99/100 and a GF Value™ of ₹397.63 (Fairly Valued). Among 327 Aerospace & Defense companies, Bharat Electronics ranks worse than 79.2% on this metric.
The historical rank and industry rank for Bharat Electronics's Days Inventory or its related term are showing as below:
NSE:BEL'
s Days Inventory Range Over the Past 10 Years
Min: 203.61 Med: 243.88 Max: 372.81
Current: 255.81
During the past 13 years, Bharat Electronics's highest Days Inventory was 372.81. The lowest was 203.61. And the median was 243.88.
NSE:BEL's Days Inventory is ranked worse than 79.2% of 327
companies
in the Aerospace & Defense industry
Industry Median: 139.44
vs NSE:BEL: 255.81
Bharat Electronics's Days Inventory
increased
from Mar. 2025 (175.22) to Mar. 2026 (175.39).
It might indicate that Bharat Electronics's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Bharat Electronics's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.52.
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.
Bharat Electronics's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.00.
Bharat Electronics (NSE:BEL) 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.
Bharat Electronics'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.
Bharat Electronics'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.
Bharat Electronics Days Inventory Related Terms
Bharat Electronics Days Inventory Historical Data
* Premium members only.
The historical data trend for Bharat Electronics'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.
NSE:BEL vs SPCX, GE, RTX: Days Inventory Comparison
For the Aerospace & Defense subindustry, Bharat Electronics'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.
Bharat Electronics Days Inventory vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Bharat Electronics's Days Inventory distribution charts can be found below:
* The bar in red indicates where Bharat Electronics's Days Inventory falls into.
* 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.
Bharat Electronics (NSE:BEL) has a Days Inventory of 175.39 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Bharat Electronics and its competitors. This is 28% below median its historical median of 243.88. Over the past decade, Bharat Electronics' Days Inventory has ranged from 203.61 to 372.81. According to the industry distribution chart, Bharat Electronics ranks #259 out of 327 companies in the Aerospace & Defense industry, placing it in the top 79.2%.
Is Bharat Electronics' Days Inventory too high?
Bharat Electronics' current Days Inventory of 175.39 is 28% below median its 10-year median of 243.88. Over the past 10 years, this metric has ranged from a low of 203.61 to a high of 372.81. The Aerospace & Defense industry median Days Inventory is 139.44. Bharat Electronics' value of 175.39 is 25.8% above this industry median. Based on the distribution chart, Bharat Electronics ranks #259 out of 327 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Bharat Electronics has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Electronics' Days Inventory compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Bharat Electronics ranks #259 out of 327 companies for Days Inventory. This places Bharat Electronics in the lower half of its industry. The industry median Days Inventory is 139.44. Bharat Electronics' value of 175.39 is 25.8% above this benchmark. Historically, Bharat Electronics' own Days Inventory has ranged from 203.61 to 372.81 over the past decade. While the company's 10-year median is 243.88 vs. the industry median of 139.44, Bharat Electronics 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 Aerospace & Defense company?
The median Days Inventory among Aerospace & Defense companies is 139.44, based on 327 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. Bharat Electronics's current Days Inventory of 175.39 is 25.8% 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 Bharat Electronics and its competitors. For the Aerospace & Defense industry, the median Days Inventory is 139.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Electronics's current Days Inventory is 175.39, which is 28% below median its own 10-year median of 243.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Electronics stock overvalued right now?
Based on GuruFocus' analysis, Bharat Electronics (NSE:BEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹397.63, compared to a current price of ₹410.10 — trading 3.1% above its estimated fair value. The current Days Inventory is 175.39, which is 28% below median its 10-year median of 243.88 and 25.8% above the Aerospace & Defense industry median of 139.44. Bharat Electronics' overall GF Score™ is 99/100. 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 Bharat Electronics (NSE:BEL), the current Days Inventory is 175.39 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 Bharat Electronics (NSE:BEL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Electronics stock appears to be overvalued.
The current stock price of ₹410.10 is trading 3.1% above its estimated GF Value™ of ₹397.63.
GuruFocus considers Bharat Electronics to be Fairly Valued.
Key valuation signals for NSE:BEL:
Days Inventory: 175.39 (28% below median its 10-year median of 243.88)
GF Value™: ₹397.63 vs. price of ₹410.10 (3.1% above fair value)
Industry Position: 25.8% above the Aerospace & Defense median (#259 of 327)
No single metric tells the full story. See the NSE:BEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Electronics Ltd is an aerospace and defense company predominantly owned by the Indian government. It manufactures a wide range of specialized electronics and equipment for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. Its product portfolio includes unmanned systems, land-based radars, batteries, weapon systems, fuzes, simulators, and jammers, among others. It also provides cybersecurity and software products. A majority of the company's revenue is derived from the defense sector. Geographically, the company's key revenue is derived from India, and it also has international customers from countries like the United Kingdom, Israel, and others.
99GF Score
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