Harsha Engineers International (NSE:HARSHA) Days Inventory: 139.25 (As of Mar. 2026) — Near Median


NSE:HARSHA Harsha Engineers International Ltd NSE:HARSHA
86 GF Score
Price ₹427.70
GF Value ₹499.97
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Harsha Engineers International Days Inventory?

Harsha Engineers International NSE:HARSHA +1.66% 86 Days Inventory is 139.25 as of Mar. 2026, which is 5% below its 10-year median of 146.39. GuruFocus rates NSE:HARSHA with a GF Score™ of 86/100 and a GF Value™ of ₹499.97 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,962 Industrial Products companies, Harsha Engineers International ranks worse than 64.99% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Harsha Engineers International's Average Total Inventories for the three months ended in Mar. 2026 was ₹3,940 Mil. Harsha Engineers International's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹2,582 Mil. Hence, Harsha Engineers International's Days Inventory for the three months ended in Mar. 2026 was 139.25.

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

NSE:HARSHA' s Days Inventory Range Over the Past 10 Years
Min: 132.34   Med: 146.39   Max: 186.65
Current: 157.41

During the past 7 years, Harsha Engineers International's highest Days Inventory was 186.65. The lowest was 132.34. And the median was 146.39.

NSE:HARSHA's Days Inventory is ranked worse than
64.99% of 2962 companies
in the Industrial Products industry
Industry Median: 119.47 vs NSE:HARSHA: 157.41

Harsha Engineers International's Days Inventory declined from Mar. 2025 (150.96) to Mar. 2026 (139.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Harsha Engineers International's Inventory Turnover for the three months ended in Mar. 2026 was 0.66.

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. Harsha Engineers International's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.83.


Harsha Engineers International  (NSE:HARSHA) 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.

Harsha Engineers International'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.

Harsha Engineers International'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.


Harsha Engineers International Days Inventory Related Terms


Harsha Engineers International Days Inventory Historical Data

* Premium members only.

The historical data trend for Harsha Engineers 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.

Harsha Engineers International Days Inventory Chart

Harsha Engineers International Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 134.98 186.65 146.39 143.90 132.34

Harsha Engineers International Quarterly Data
Mar21 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 150.96 163.09 175.14 160.28 139.25

NSE:HARSHA vs SNA, RBC, LECO: Days Inventory Comparison

For the Tools & Accessories subindustry, Harsha Engineers 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.


Harsha Engineers International Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Harsha Engineers International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Harsha Engineers International's Days Inventory falls into.


NSE:HARSHA
86GF Score
Harsha Engineers International Ltd NSE:HARSHA
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Harsha Engineers International Days Inventory Calculation

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

Harsha Engineers International'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
=( (3338.6 + 3939.8) / 2 ) / 10037.3*365
=3639.2 / 10037.3*365
=132.34

Harsha Engineers International'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 + 3939.8) / 1 ) / 2581.7*365 / 4
=3939.8 / 2581.7*365 / 4
=139.25

* 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 139.25 mean?
Harsha Engineers International (NSE:HARSHA) has a Days Inventory of 139.25 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Harsha Engineers International and its competitors. This is near median its historical median of 146.39. Over the past decade, Harsha Engineers International's Days Inventory has ranged from 132.34 to 186.65. According to the industry distribution chart, Harsha Engineers International ranks #1925 out of 2962 companies in the Industrial Products industry, placing it in the top 65%.
Is Harsha Engineers International's Days Inventory too high?
Harsha Engineers International's current Days Inventory of 139.25 is near median its 10-year median of 146.39. Over the past 10 years, this metric has ranged from a low of 132.34 to a high of 186.65. The Industrial Products industry median Days Inventory is 119.47. Harsha Engineers International's value of 139.25 is 16.6% above this industry median. Based on the distribution chart, Harsha Engineers International ranks #1925 out of 2962 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Harsha Engineers International has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harsha Engineers International's Days Inventory compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Harsha Engineers International ranks #1925 out of 2962 companies for Days Inventory. This places Harsha Engineers International in the lower half of its industry. The industry median Days Inventory is 119.47. Harsha Engineers International's value of 139.25 is 16.6% above this benchmark. Historically, Harsha Engineers International's own Days Inventory has ranged from 132.34 to 186.65 over the past decade. While the company's 10-year median is 146.39 vs. the industry median of 119.47, Harsha Engineers 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,962 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. Harsha Engineers International's current Days Inventory of 139.25 is 16.6% 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 Harsha Engineers International 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. Harsha Engineers International's current Days Inventory is 139.25, which is near median its own 10-year median of 146.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harsha Engineers International stock overvalued right now?
Based on GuruFocus' analysis, Harsha Engineers International (NSE:HARSHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹499.97, compared to a current price of ₹427.70 — trading 14.5% below its estimated fair value. The current Days Inventory is 139.25, which is near median its 10-year median of 146.39 and 16.6% above the Industrial Products industry median of 119.47. Harsha Engineers International's overall GF Score™ is 86/100 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 Harsha Engineers International (NSE:HARSHA), the current Days Inventory is 139.25 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 Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?

Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued. The current stock price of ₹427.70 is trading 14.5% below its estimated GF Value™ of ₹499.97. GuruFocus considers Harsha Engineers International to be Modestly Undervalued.

Key valuation signals for NSE:HARSHA:

  • Days Inventory: 139.25 (near median its 10-year median of 146.39)
  • GF Value™: ₹499.97 vs. price of ₹427.70 (14.5% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 16.6% above the Industrial Products median (#1925 of 2962)

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


Harsha Engineers International Business Description

Other Exchanges 543600:India
Address NH-8A,Sarkhej-Bavla Highway, Changodar, Ahmedabad, GJ, IND, 382213
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
86GF Score

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

₹427.70
Price
₹499.97
GF Value