Bharat Forge (NSE:BHARATFORG) Days Inventory: 171.87 (As of Mar. 2026) — 18% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:BHARATFORG Bharat Forge Ltd NSE:BHARATFORG
83 GF Score
Price ₹2,104.70
GF Value ₹1,470.92
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Bharat Forge Days Inventory?

Bharat Forge NSE:BHARATFORG +0.20% 83 Days Inventory is 171.87 as of Mar. 2026, which is 18% above its 10-year median of 145.97. GuruFocus rates NSE:BHARATFORG with a GF Score™ of 83/100 and a GF Value™ of ₹1,470.92 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,290 Vehicles & Parts companies, Bharat Forge ranks worse than 90.31% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Bharat Forge's Average Total Inventories for the three months ended in Mar. 2026 was ₹40,528 Mil. Bharat Forge's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹21,518 Mil. Hence, Bharat Forge's Days Inventory for the three months ended in Mar. 2026 was 171.87.

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

NSE:BHARATFORG' s Days Inventory Range Over the Past 10 Years
Min: 98.99   Med: 145.97   Max: 188.04
Current: 186.63

During the past 13 years, Bharat Forge's highest Days Inventory was 188.04. The lowest was 98.99. And the median was 145.97.

NSE:BHARATFORG's Days Inventory is ranked worse than
90.31% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 80.43 vs NSE:BHARATFORG: 186.63

Bharat Forge's Days Inventory declined from Mar. 2025 (189.47) to Mar. 2026 (171.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bharat Forge's Inventory Turnover for the three months ended in Mar. 2026 was 0.53.

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 Forge's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.90.


Bharat Forge  (NSE:BHARATFORG) 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 Forge'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 Forge'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 Forge Days Inventory Related Terms


Bharat Forge Days Inventory Historical Data

* Premium members only.

The historical data trend for Bharat Forge'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.

Bharat Forge Days Inventory Chart

Bharat Forge Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.69 153.36 136.13 161.66 160.04

Bharat Forge 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 189.47 192.51 207.07 185.38 171.87

NSE:BHARATFORG vs ORLY, AZO: Days Inventory Comparison

For the Auto Parts subindustry, Bharat Forge'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 Forge Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bharat Forge's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bharat Forge's Days Inventory falls into.


NSE:BHARATFORG
83GF Score
Bharat Forge Ltd NSE:BHARATFORG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bharat Forge Days Inventory Calculation

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

Bharat Forge'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
=( (35784.36 + 40527.83) / 2 ) / 87024.01*365
=38156.095 / 87024.01*365
=160.04

Bharat Forge'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 + 40527.83) / 1 ) / 21517.53*365 / 4
=40527.83 / 21517.53*365 / 4
=171.87

* 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 171.87 mean?
Bharat Forge (NSE:BHARATFORG) has a Days Inventory of 171.87 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Bharat Forge and its competitors. This is 18% above median its historical median of 145.97. Over the past decade, Bharat Forge's Days Inventory has ranged from 98.99 to 188.04. According to the industry distribution chart, Bharat Forge ranks #1165 out of 1290 companies in the Vehicles & Parts industry, placing it in the top 90.3%.
Is Bharat Forge's Days Inventory too high?
Bharat Forge's current Days Inventory of 171.87 is 18% above median its 10-year median of 145.97. Over the past 10 years, this metric has ranged from a low of 98.99 to a high of 188.04. The Vehicles & Parts industry median Days Inventory is 80.43. Bharat Forge's value of 171.87 is 113.7% above this industry median. Based on the distribution chart, Bharat Forge ranks #1165 out of 1290 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Bharat Forge has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bharat Forge's Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bharat Forge ranks #1165 out of 1290 companies for Days Inventory. This places Bharat Forge in the lower half of its industry. The industry median Days Inventory is 80.43. Bharat Forge's value of 171.87 is 113.7% above this benchmark. Historically, Bharat Forge's own Days Inventory has ranged from 98.99 to 188.04 over the past decade. While the company's 10-year median is 145.97 vs. the industry median of 80.43, Bharat Forge 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 a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.43, based on 1,290 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 Forge's current Days Inventory of 171.87 is 113.7% 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 Forge and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Forge's current Days Inventory is 171.87, which is 18% above median its own 10-year median of 145.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Forge stock overvalued right now?
Based on GuruFocus' analysis, Bharat Forge (NSE:BHARATFORG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,470.92, compared to a current price of ₹2,104.70 — trading 43.1% above its estimated fair value. The current Days Inventory is 171.87, which is 18% above median its 10-year median of 145.97 and 113.7% above the Vehicles & Parts industry median of 80.43. Bharat Forge's overall GF Score™ is 83/100 with 7 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 Bharat Forge (NSE:BHARATFORG), the current Days Inventory is 171.87 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 Forge (NSE:BHARATFORG) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Forge stock appears to be overvalued. The current stock price of ₹2,104.70 is trading 43.1% above its estimated GF Value™ of ₹1,470.92. GuruFocus considers Bharat Forge to be Significantly Overvalued.

Key valuation signals for NSE:BHARATFORG:

  • Days Inventory: 171.87 (18% above median its 10-year median of 145.97)
  • GF Value™: ₹1,470.92 vs. price of ₹2,104.70 (43.1% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 113.7% above the Vehicles & Parts median (#1165 of 1290)

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


Bharat Forge Business Description

Other Exchanges 500493:India
Address Mundhwa, Pune Cantonment, Pune, MH, IND, 411036
Bharat Forge Ltd is an Indian multinational engaged in metal forging across different industries. The company has the following business units: automotive, power, oil and gas, construction and mining, rail, marine and aerospace. The automotive unit offers products including powertrain components, machines crankshafts, connecting rods, and piston. The Power business unit manufactures components for thermal, wind, hydro and nuclear applications. The Company divides its business into three reporting segments: "Forgings", "Defense", and "Others". The Forgings segment focuses on manufacturing forged components, while the Defense segment centers around defense-related activities. The "Others" segment encompasses all other businesses not covered by Forgings and Defense.
83GF Score

Get the complete analysis for NSE:BHARATFORG

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

₹2,104.70
Price
₹1,470.92
GF Value