Mangalam Alloys (NSE:MAL) Days Inventory: 162.89 (As of Mar. 2025)


NSE:MAL Mangalam Alloys Ltd NSE:MAL
38 GF Score
Price ₹36.00
View Full Analysis

What is Mangalam Alloys Days Inventory?

Mangalam Alloys NSE:MAL -4.89% 38 Days Inventory is 162.89 as of Mar. 2025. GuruFocus rates NSE:MAL with a GF Score™ of 38/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Mangalam Alloys's Average Total Inventories for the six months ended in Mar. 2025 was ₹1,745 Mil. Mangalam Alloys's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹1,955 Mil. Hence, Mangalam Alloys's Days Inventory for the six months ended in Mar. 2025 was 162.89.

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

NSE:MAL's Days Inventory is not ranked *
in the Steel industry.
Industry Median: 86.42
* Ranked among companies with meaningful Days Inventory only.

Mangalam Alloys's Days Inventory declined from Mar. 2024 (182.66) to Mar. 2025 (162.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mangalam Alloys's Inventory Turnover for the six months ended in Mar. 2025 was 1.12.

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. Mangalam Alloys's Inventory-to-Revenue for the six months ended in Mar. 2025 was 0.75.


Mangalam Alloys  (NSE:MAL) 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.

Mangalam Alloys'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.

Mangalam Alloys'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.


Mangalam Alloys Days Inventory Related Terms


Mangalam Alloys Days Inventory Historical Data

* Premium members only.

The historical data trend for Mangalam Alloys'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.

Mangalam Alloys Days Inventory Chart

Mangalam Alloys Annual Data
Trend Mar16 Mar17 Mar18 Mar23 Mar24 Mar25
Days Inventory
Get a 7-Day Free Trial 125.75 98.72 147.71 202.98 173.39

Mangalam Alloys Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar23 Sep23 Mar24 Sep24 Mar25
Days Inventory Get a 7-Day Free Trial Premium Member Only 0.00 233.12 182.66 177.04 162.89

NSE:MAL vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Mangalam Alloys'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.


Mangalam Alloys Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Mangalam Alloys's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mangalam Alloys's Days Inventory falls into.


NSE:MAL
38GF Score
Mangalam Alloys Ltd NSE:MAL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mangalam Alloys Days Inventory Calculation

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

Mangalam Alloys'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
=( (1461.59 + 1893.452) / 2 ) / 3531.217*365
=1677.521 / 3531.217*365
=173.39

Mangalam Alloys'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: Sep. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (1596.444 + 1893.452) / 2 ) / 1955.063*365 / 2
=1744.948 / 1955.063*365 / 2
=162.89

* 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 162.89 mean?
Mangalam Alloys (NSE:MAL) has a Days Inventory of 162.89 as of Mar. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mangalam Alloys and its competitors.
Is Mangalam Alloys' Days Inventory too high?
Mangalam Alloys' current Days Inventory is 162.89. The Steel industry median Days Inventory is 86.42. Mangalam Alloys' value of 162.89 is 88.5% above this industry median. Overall, Mangalam Alloys has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Alloys' Days Inventory compare to NUE and STLD?
Mangalam Alloys' Days Inventory of 162.89 can be compared against companies in the Steel industry. The industry median Days Inventory is 86.42. Mangalam Alloys' value of 162.89 is 88.5% above this benchmark. 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 Steel company?
The median Days Inventory among Steel companies is 86.42, based on 581 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. Mangalam Alloys's current Days Inventory of 162.89 is 88.5% 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 Mangalam Alloys and its competitors. For the Steel industry, the median Days Inventory is 86.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Alloys's current Days Inventory is 162.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Alloys stock overvalued right now?
Mangalam Alloys (NSE:MAL) has a current Days Inventory of 162.89. The current Days Inventory is 162.89 and 88.5% above the Steel industry median of 86.42. Mangalam Alloys' overall GF Score™ is 38/100. 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 Mangalam Alloys (NSE:MAL), the current Days Inventory is 162.89 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.

Mangalam Alloys Business Description

Address GIDC Phase 3, Plot No. 3123-3126, Chattral, Gandhinagar, GJ, IND, 382729
Mangalam Alloys Ltd is engaged in the manufacturing and distribution of high-quality stainless steel products. It is a stainless steel melting unit. Its products include forging ingots, billets, black round bars, bright round bars, hexagonal and square bars, SS RCS, angle bars, fasteners, and others. It operates in one segment, stainless steel products.
38GF Score

Get the complete analysis for NSE:MAL

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

₹36.00
Price