Happy Steels (NSE:HAPPY) Days Inventory: 0.00 (As of Mar. 2026)

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:HAPPY Happy Steels Ltd NSE:HAPPY
12 GF Score
Price ₹62.25
View Full Analysis

What is Happy Steels Days Inventory?

Happy Steels NSE:HAPPY -0.32% 12 Days Inventory is 0.00 as of Mar. 2026. GuruFocus rates NSE:HAPPY with a GF Score™ of 12/100. Among 1,289 Vehicles & Parts companies, Happy Steels ranks worse than 77579.44% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Happy Steels's Average Total Inventories for the three months ended in Mar. 2026 was ₹372.3 Mil. Happy Steels's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹0.0 Mil.

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

During the past 4 years, Happy Steels's highest Days Inventory was 237.25. The lowest was 123.98. And the median was 203.69.

NSE:HAPPY's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.58
* Ranked among companies with meaningful Days Inventory only.

Happy Steels's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2026 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Happy Steels's Inventory Turnover for the three months ended in Mar. 2026 was 0.00.

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.


Happy Steels  (NSE:HAPPY) 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.

Happy Steels'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.

Happy Steels'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.


Happy Steels Days Inventory Related Terms


Happy Steels Days Inventory Historical Data

* Premium members only.

The historical data trend for Happy Steels'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.

Happy Steels Days Inventory Chart

Happy Steels Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Inventory
123.98 191.51 215.87 237.25

Happy Steels Quarterly Data
Mar23 Mar24 Mar25 Sep25 Mar26
Days Inventory 0.00 0.00 0.00 0.00 0.00

NSE:HAPPY vs ORLY, AZO: Days Inventory Comparison

For the Auto Parts subindustry, Happy Steels'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.


Happy Steels Days Inventory vs Vehicles & Parts Industry

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

* The bar in red indicates where Happy Steels's Days Inventory falls into.


NSE:HAPPY
12GF Score
Happy Steels Ltd NSE:HAPPY
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Happy Steels Days Inventory Calculation

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

Happy Steels'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
=( (322.87 + 389.795) / 2 ) / 548.21*365
=356.3325 / 548.21*365
=237.25

Happy Steels'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (354.8 + 389.795) / 2 ) / 0*365 / 4
=372.2975 / 0*365 / 4
=N/A

* 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 0.00 mean?
Happy Steels (NSE:HAPPY) has a Days Inventory of 0.00 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Happy Steels and its competitors. Over the past decade, Happy Steels' Days Inventory has ranged from 123.98 to 237.25. According to the industry distribution chart, Happy Steels ranks #999999 out of 1289 companies in the Vehicles & Parts industry.
Is Happy Steels' Days Inventory too high?
Happy Steels' current Days Inventory is 0.00. Over the past 10 years, this metric has ranged from a low of 123.98 to a high of 237.25. Based on the distribution chart, Happy Steels ranks #999999 out of 1289 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Happy Steels has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Happy Steels' Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Happy Steels ranks #999999 out of 1289 companies for Days Inventory. This places Happy Steels in the lower half of its industry. The industry median Days Inventory is 80.58. Historically, Happy Steels' own Days Inventory has ranged from 123.98 to 237.25 over the past decade. 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 80.58, based on 1,289 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. 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 Happy Steels and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Steels's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Steels stock overvalued right now?
Happy Steels (NSE:HAPPY) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Happy Steels' overall GF Score™ is 12/100. 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 Happy Steels (NSE:HAPPY), the current Days Inventory is 0.00 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.

Happy Steels Business Description

Address Kanganwal Road, Jaspal Banger, Ludhiana, PB, IND, 141122
Happy Steels Ltd is an integrated manufacturer of Forged and Machined Transmission and Driveline components for On-highway vehicles, Off-highway vehicles, EVs, and defence applications. The company's product portfolio consists of axles, long spline shafts, spindles, and other related components. The majority of the company's revenue is derived from the sale of its products, mainly Axles, in the domestic markets.
12GF Score

Get the complete analysis for NSE:HAPPY

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

₹62.25
Price