Manipal Health Enterprises (NSE:MANIPALHOS) Days Inventory: 15.23 (As of Mar. 2026) — Near Median

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NSE:MANIPALHOS Manipal Health Enterprises Ltd NSE:MANIPALHOS
13 GF Score
Price ₹771.65
! 1 Warning Sign
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What is Manipal Health Enterprises Days Inventory?

Manipal Health Enterprises NSE:MANIPALHOS -3.30% 13 Days Inventory is 15.23 as of Mar. 2026, which is 8% above its 10-year median of 14.11. GuruFocus rates NSE:MANIPALHOS with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 503 Healthcare Providers & Services companies, Manipal Health Enterprises ranks better than 68.79% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Manipal Health Enterprises's Average Total Inventories for the six months ended in Mar. 2026 was ₹1,601 Mil. Manipal Health Enterprises's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹38,383 Mil. Hence, Manipal Health Enterprises's Days Inventory for the six months ended in Mar. 2026 was 7.61.

The historical rank and industry rank for Manipal Health Enterprises's Days Inventory or its related term are showing as below:

NSE:MANIPALHOS' s Days Inventory Range Over the Past 10 Years
Min: 10.94   Med: 14.11   Max: 15.23
Current: 15.23

During the past 3 years, Manipal Health Enterprises's highest Days Inventory was 15.23. The lowest was 10.94. And the median was 14.11.

NSE:MANIPALHOS's Days Inventory is ranked better than
68.79% of 503 companies
in the Healthcare Providers & Services industry
Industry Median: 29.2 vs NSE:MANIPALHOS: 15.23

Manipal Health Enterprises's Days Inventory increased from Mar. 2024 (10.94) to Mar. 2026 (15.23). It might indicate that Manipal Health Enterprises's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Manipal Health Enterprises's Inventory Turnover for the six months ended in Mar. 2026 was 23.97.

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. Manipal Health Enterprises's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.01.


Manipal Health Enterprises  (NSE:MANIPALHOS) 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.

Manipal Health Enterprises's Inventory Turnover for the six 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.

Manipal Health Enterprises's Inventory to Revenue for the six 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.


Manipal Health Enterprises Days Inventory Related Terms


Manipal Health Enterprises Days Inventory Historical Data

* Premium members only.

The historical data trend for Manipal Health Enterprises'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.

Manipal Health Enterprises Days Inventory Chart

Manipal Health Enterprises Annual Data
Trend Mar24 Mar25 Mar26
Days Inventory
10.94 14.11 15.23

Manipal Health Enterprises Semi-Annual Data
Mar24 Mar25 Mar26
Days Inventory 10.94 14.11 15.23

NSE:MANIPALHOS vs : Days Inventory Comparison

For the Medical Care Facilities subindustry, Manipal Health Enterprises'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.


Manipal Health Enterprises Days Inventory vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Manipal Health Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Manipal Health Enterprises's Days Inventory falls into.


NSE:MANIPALHOS
13GF Score
Manipal Health Enterprises Ltd NSE:MANIPALHOS
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Manipal Health Enterprises Days Inventory Calculation

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

Manipal Health Enterprises'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
=( (1504.01 + 1698.51) / 2 ) / 38382.89*365
=1601.26 / 38382.89*365
=15.23

Manipal Health Enterprises'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: Mar. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1504.01 + 1698.51) / 2 ) / 38382.89*365 / 2
=1601.26 / 38382.89*365 / 2
=7.61

* 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 15.23 mean?
Manipal Health Enterprises (NSE:MANIPALHOS) has a Days Inventory of 15.23 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Manipal Health Enterprises and its competitors. This is near median its historical median of 14.11. Over the past decade, Manipal Health Enterprises' Days Inventory has ranged from 10.94 to 15.23. According to the industry distribution chart, Manipal Health Enterprises ranks #157 out of 503 companies in the Healthcare Providers & Services industry, placing it in the top 31.2%.
Is Manipal Health Enterprises' Days Inventory too high?
Manipal Health Enterprises' current Days Inventory of 15.23 is near median its 10-year median of 14.11. Over the past 10 years, this metric has ranged from a low of 10.94 to a high of 15.23. The Healthcare Providers & Services industry median Days Inventory is 29.20. Manipal Health Enterprises' value of 15.23 is 47.8% below this industry median. Based on the distribution chart, Manipal Health Enterprises ranks #157 out of 503 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Manipal Health Enterprises has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Manipal Health Enterprises' Days Inventory compare to ?
According to the Healthcare Providers & Services industry distribution chart, Manipal Health Enterprises ranks #157 out of 503 companies for Days Inventory. This puts Manipal Health Enterprises in the upper half of its industry. The industry median Days Inventory is 29.20. Manipal Health Enterprises' value of 15.23 is 47.8% below this benchmark. Historically, Manipal Health Enterprises' own Days Inventory has ranged from 10.94 to 15.23 over the past decade. While the company's 10-year median is 14.11 vs. the industry median of 29.20, Manipal Health Enterprises 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 a Healthcare Providers & Services company?
The median Days Inventory among Healthcare Providers & Services companies is 29.20, based on 503 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. Manipal Health Enterprises's current Days Inventory of 15.23 is 47.8% 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 Manipal Health Enterprises and its competitors. For the Healthcare Providers & Services industry, the median Days Inventory is 29.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manipal Health Enterprises's current Days Inventory is 15.23, which is near median its own 10-year median of 14.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manipal Health Enterprises stock overvalued right now?
Manipal Health Enterprises (NSE:MANIPALHOS) has a current Days Inventory of 15.23. The current Days Inventory is 15.23, which is near median its 10-year median of 14.11 and 47.8% below the Healthcare Providers & Services industry median of 29.20. Manipal Health Enterprises' overall GF Score™ is 13/100 with 1 warning sign 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 Manipal Health Enterprises (NSE:MANIPALHOS), the current Days Inventory is 15.23 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.

Manipal Health Enterprises Business Description

Comparable Companies
Other Exchanges 544847:India
Address HAL Airport Road, Rustom Bagh road, The Annexe, no. 98/2, Bengaluru, KA, IND, 560 017
Manipal Health Enterprises Ltd is engaged in the business of running/managing hospitals and providing healthcare services. The company operates through various Hospitals/clinics providing Healthcare services and diagnostic centres in India. It offers clinical services across several specialties, with a focus on tertiary and quaternary care, particularly in cardiac sciences, oncology, neurosciences, gastro sciences, orthopedics, and renal sciences. It has a single business segment, namely engaged in the business of healthcare services. The company generates revenue by providing inpatient care at its hospitals.
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