Forge Auto International (NSE:FORGEAUTO) Days Inventory: 124.33 (As of Mar. 2025) — 71% Above Median

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NSE:FORGEAUTO Forge Auto International Ltd NSE:FORGEAUTO
16 GF Score
Price ₹88.70
! 3 Warning Signs
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What is Forge Auto International Days Inventory?

Forge Auto International NSE:FORGEAUTO 16 Days Inventory is 124.33 as of Mar. 2025, which is 71% above its 10-year median of 72.91. GuruFocus rates NSE:FORGEAUTO with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,290 Vehicles & Parts companies, Forge Auto International ranks worse than 75.5% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Forge Auto International's Average Total Inventories for the six months ended in Mar. 2025 was ₹453 Mil. Forge Auto International's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹1,330 Mil. Hence, Forge Auto International's Days Inventory for the six months ended in Mar. 2025 was 62.17.

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

NSE:FORGEAUTO' s Days Inventory Range Over the Past 10 Years
Min: 45.66   Med: 72.91   Max: 124.33
Current: 124.33

During the past 4 years, Forge Auto International's highest Days Inventory was 124.33. The lowest was 45.66. And the median was 72.91.

NSE:FORGEAUTO's Days Inventory is ranked worse than
75.5% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 80.43 vs NSE:FORGEAUTO: 124.33

Forge Auto International's Days Inventory increased from Mar. 2023 (50.17) to Mar. 2025 (124.33). It might indicate that Forge Auto International'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. Forge Auto International's Inventory Turnover for the six months ended in Mar. 2025 was 2.94.

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. Forge Auto International's Inventory-to-Revenue for the six months ended in Mar. 2025 was 0.22.


Forge Auto International  (NSE:FORGEAUTO) 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.

Forge Auto International's Inventory Turnover for the six months ended in Mar. 2025 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.

Forge Auto International's Inventory to Revenue for the six months ended in Mar. 2025 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.


Forge Auto International Days Inventory Related Terms


Forge Auto International Days Inventory Historical Data

* Premium members only.

The historical data trend for Forge Auto International'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.

Forge Auto International Days Inventory Chart

Forge Auto International Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Days Inventory
45.66 50.17 95.64 124.33

Forge Auto International Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Days Inventory 45.66 50.17 95.64 124.33

NSE:FORGEAUTO vs ORLY, AZO: Days Inventory Comparison

For the Auto Parts subindustry, Forge Auto International'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.


Forge Auto International Days Inventory vs Vehicles & Parts Industry

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

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


NSE:FORGEAUTO
16GF Score
Forge Auto International Ltd NSE:FORGEAUTO
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Forge Auto International Days Inventory Calculation

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

Forge Auto International's Days Inventory for the fiscal year that ended in Mar. 2025 is calculated as

Days Inventory (A: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (355.402 + 550.977) / 2 ) / 1330.429*365
=453.1895 / 1330.429*365
=124.33

Forge Auto International's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (355.402 + 550.977) / 2 ) / 1330.429*365 / 2
=453.1895 / 1330.429*365 / 2
=62.17

* 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 124.33 mean?
Forge Auto International (NSE:FORGEAUTO) has a Days Inventory of 124.33 as of Mar. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Forge Auto International and its competitors. This is 71% above median its historical median of 72.91. Over the past decade, Forge Auto International's Days Inventory has ranged from 45.66 to 124.33. According to the industry distribution chart, Forge Auto International ranks #974 out of 1290 companies in the Vehicles & Parts industry, placing it in the top 75.5%.
Is Forge Auto International's Days Inventory too high?
Forge Auto International's current Days Inventory of 124.33 is 71% above median its 10-year median of 72.91. Over the past 10 years, this metric has ranged from a low of 45.66 to a high of 124.33. The Vehicles & Parts industry median Days Inventory is 80.43. Forge Auto International's value of 124.33 is 54.6% above this industry median. Based on the distribution chart, Forge Auto International ranks #974 out of 1290 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Forge Auto International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forge Auto International's Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Forge Auto International ranks #974 out of 1290 companies for Days Inventory. This places Forge Auto International in the lower half of its industry. The industry median Days Inventory is 80.43. Forge Auto International's value of 124.33 is 54.6% above this benchmark. Historically, Forge Auto International's own Days Inventory has ranged from 45.66 to 124.33 over the past decade. While the company's 10-year median is 72.91 vs. the industry median of 80.43, Forge Auto International 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. Forge Auto International's current Days Inventory of 124.33 is 54.6% 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 Forge Auto International 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. Forge Auto International's current Days Inventory is 124.33, which is 71% above median its own 10-year median of 72.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Auto International stock overvalued right now?
Forge Auto International (NSE:FORGEAUTO) has a current Days Inventory of 124.33. The current Days Inventory is 124.33, which is 71% above median its 10-year median of 72.91 and 54.6% above the Vehicles & Parts industry median of 80.43. Forge Auto International's overall GF Score™ is 16/100 with 3 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 Forge Auto International (NSE:FORGEAUTO), the current Days Inventory is 124.33 as of Mar. 2025. 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.

Forge Auto International Business Description

Address Machhiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141112
Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.
16GF Score

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