Elecon Engineering Co (NSE:ELECON) Days Inventory: 64.13 (As of Mar. 2026) — 55% Below Median


NSE:ELECON Elecon Engineering Co Ltd NSE:ELECON
94 GF Score
Price ₹549.95
GF Value ₹645.52
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Elecon Engineering Co Days Inventory?

Elecon Engineering Co NSE:ELECON +3.03% 94 Days Inventory is 64.13 as of Mar. 2026, which is 55% below its 10-year median of 140.98. GuruFocus rates NSE:ELECON with a GF Score™ of 94/100 and a GF Value™ of ₹645.52 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,967 Industrial Products companies, Elecon Engineering Co ranks better than 75.09% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Elecon Engineering Co's Average Total Inventories for the three months ended in Mar. 2026 was ₹3,012 Mil. Elecon Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹4,285 Mil. Hence, Elecon Engineering Co's Days Inventory for the three months ended in Mar. 2026 was 64.13.

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

NSE:ELECON' s Days Inventory Range Over the Past 10 Years
Min: 72.8   Med: 140.98   Max: 180.76
Current: 76.22

During the past 13 years, Elecon Engineering Co's highest Days Inventory was 180.76. The lowest was 72.80. And the median was 140.98.

NSE:ELECON's Days Inventory is ranked better than
75.09% of 2967 companies
in the Industrial Products industry
Industry Median: 119.47 vs NSE:ELECON: 76.22

Elecon Engineering Co's Days Inventory increased from Mar. 2025 (49.94) to Mar. 2026 (64.13). It might indicate that Elecon Engineering Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elecon Engineering Co's Inventory Turnover for the three months ended in Mar. 2026 was 1.42.

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. Elecon Engineering Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.40.


Elecon Engineering Co  (NSE:ELECON) 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.

Elecon Engineering Co'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.

Elecon Engineering Co'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.


Elecon Engineering Co Days Inventory Related Terms


Elecon Engineering Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Elecon Engineering Co'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.

Elecon Engineering Co Days Inventory Chart

Elecon Engineering Co 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 141.28 118.02 91.14 72.80 76.20

Elecon Engineering Co 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 49.94 95.19 75.57 79.35 64.13

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

For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.


Elecon Engineering Co Days Inventory vs Industrial Products Industry

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

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


NSE:ELECON
94GF Score
Elecon Engineering Co Ltd NSE:ELECON
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Elecon Engineering Co Days Inventory Calculation

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

Elecon Engineering Co'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
=( (2429.6 + 3011.5) / 2 ) / 13030.7*365
=2720.55 / 13030.7*365
=76.20

Elecon Engineering Co'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 + 3011.5) / 1 ) / 4284.9*365 / 4
=3011.5 / 4284.9*365 / 4
=64.13

* 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 64.13 mean?
Elecon Engineering Co (NSE:ELECON) has a Days Inventory of 64.13 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Elecon Engineering Co and its competitors. This is 55% below median its historical median of 140.98. Over the past decade, Elecon Engineering Co's Days Inventory has ranged from 72.80 to 180.76. According to the industry distribution chart, Elecon Engineering Co ranks #739 out of 2967 companies in the Industrial Products industry, placing it in the top 24.9%.
Is Elecon Engineering Co's Days Inventory too high?
Elecon Engineering Co's current Days Inventory of 64.13 is 55% below median its 10-year median of 140.98. Over the past 10 years, this metric has ranged from a low of 72.80 to a high of 180.76. The Industrial Products industry median Days Inventory is 119.47. Elecon Engineering Co's value of 64.13 is 46.3% below this industry median. Based on the distribution chart, Elecon Engineering Co ranks #739 out of 2967 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Elecon Engineering Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #739 out of 2967 companies for Days Inventory. This places Elecon Engineering Co in the top 25% of its industry — outperforming the majority of peers. The industry median Days Inventory is 119.47. Elecon Engineering Co's value of 64.13 is 46.3% below this benchmark. Historically, Elecon Engineering Co's own Days Inventory has ranged from 72.80 to 180.76 over the past decade. While the company's 10-year median is 140.98 vs. the industry median of 119.47, Elecon Engineering Co 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,967 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. Elecon Engineering Co's current Days Inventory of 64.13 is 46.3% 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 Elecon Engineering Co and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecon Engineering Co's current Days Inventory is 64.13, which is 55% below median its own 10-year median of 140.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹645.52, compared to a current price of ₹549.95 — trading 14.8% below its estimated fair value. The current Days Inventory is 64.13, which is 55% below median its 10-year median of 140.98 and 46.3% below the Industrial Products industry median of 119.47. Elecon Engineering Co's overall GF Score™ is 94/100 with 5 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 Elecon Engineering Co (NSE:ELECON), the current Days Inventory is 64.13 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 Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?

Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued. The current stock price of ₹549.95 is trading 14.8% below its estimated GF Value™ of ₹645.52. GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.

Key valuation signals for NSE:ELECON:

  • Days Inventory: 64.13 (55% below median its 10-year median of 140.98)
  • GF Value™: ₹645.52 vs. price of ₹549.95 (14.8% below fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 46.3% below the Industrial Products median (#739 of 2967)

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


Elecon Engineering Co Business Description

Other Exchanges 505700:India
Address Anand-Sojitra Road, Vallabh Vidyanagar, GJ, IND, 388120
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
94GF Score

Get the complete analysis for NSE:ELECON

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

₹549.95
Price
₹645.52
GF Value