Max India (NSE:MAXIND) Days Inventory: 84.65 (As of Mar. 2026) — 81% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:MAXIND Max India Ltd NSE:MAXIND
67 GF Score
Price ₹167.44
GF Value ₹205.24
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Max India Days Inventory?

Max India NSE:MAXIND +1.99% 67 Days Inventory is 84.65 as of Mar. 2026, which is 81% below its 10-year median of 449.55. GuruFocus rates NSE:MAXIND with a GF Score™ of 67/100 and a GF Value™ of ₹205.24 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 495 Healthcare Providers & Services companies, Max India ranks worse than 88.28% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Max India's Average Total Inventories for the three months ended in Mar. 2026 was ₹155 Mil. Max India's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹167 Mil. Hence, Max India's Days Inventory for the three months ended in Mar. 2026 was 84.65.

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

NSE:MAXIND' s Days Inventory Range Over the Past 10 Years
Min: 111.31   Med: 449.55   Max: 4967.42
Current: 127.23

During the past 10 years, Max India's highest Days Inventory was 4967.42. The lowest was 111.31. And the median was 449.55.

NSE:MAXIND's Days Inventory is ranked worse than
88.28% of 495 companies
in the Healthcare Providers & Services industry
Industry Median: 29.67 vs NSE:MAXIND: 127.23

Max India's Days Inventory declined from Mar. 2025 (109.96) to Mar. 2026 (84.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Max India's Inventory Turnover for the three months ended in Mar. 2026 was 1.08.

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. Max India's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.24.


Max India  (NSE:MAXIND) 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.

Max India'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.

Max India'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.


Max India Days Inventory Related Terms


Max India Days Inventory Historical Data

* Premium members only.

The historical data trend for Max India'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.

Max India Days Inventory Chart

Max India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 537.03 362.06 164.13 126.98 111.31

Max India Quarterly Data
Jun21 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 109.96 173.54 145.42 163.44 84.65

NSE:MAXIND vs HCA, THC, DVA: Days Inventory Comparison

For the Medical Care Facilities subindustry, Max India'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.


Max India Days Inventory vs Healthcare Providers & Services Industry

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

* The bar in red indicates where Max India's Days Inventory falls into.


NSE:MAXIND
67GF Score
Max India Ltd NSE:MAXIND
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Max India Days Inventory Calculation

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

Max India'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
=( (166.41 + 155.2) / 2 ) / 527.3*365
=160.805 / 527.3*365
=111.31

Max India'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 + 155.2) / 1 ) / 167.3*365 / 4
=155.2 / 167.3*365 / 4
=84.65

* 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 84.65 mean?
Max India (NSE:MAXIND) has a Days Inventory of 84.65 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Max India and its competitors. This is 81% below median its historical median of 449.55. Over the past decade, Max India's Days Inventory has ranged from 111.31 to 4,967.42. According to the industry distribution chart, Max India ranks #437 out of 495 companies in the Healthcare Providers & Services industry, placing it in the top 88.3%.
Is Max India's Days Inventory too high?
Max India's current Days Inventory of 84.65 is 81% below median its 10-year median of 449.55. Over the past 10 years, this metric has ranged from a low of 111.31 to a high of 4,967.42. The Healthcare Providers & Services industry median Days Inventory is 29.67. Max India's value of 84.65 is 185.3% above this industry median. Based on the distribution chart, Max India ranks #437 out of 495 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Max India has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Max India's Days Inventory compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Max India ranks #437 out of 495 companies for Days Inventory. This places Max India in the lower half of its industry. The industry median Days Inventory is 29.67. Max India's value of 84.65 is 185.3% above this benchmark. Historically, Max India's own Days Inventory has ranged from 111.31 to 4,967.42 over the past decade. While the company's 10-year median is 449.55 vs. the industry median of 29.67, Max India 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 Healthcare Providers & Services company?
The median Days Inventory among Healthcare Providers & Services companies is 29.67, based on 495 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. Max India's current Days Inventory of 84.65 is 185.3% 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 Max India and its competitors. For the Healthcare Providers & Services industry, the median Days Inventory is 29.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max India's current Days Inventory is 84.65, which is 81% below median its own 10-year median of 449.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max India stock overvalued right now?
Based on GuruFocus' analysis, Max India (NSE:MAXIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹205.24, compared to a current price of ₹167.44 — trading 18.4% below its estimated fair value. The current Days Inventory is 84.65, which is 81% below median its 10-year median of 449.55 and 185.3% above the Healthcare Providers & Services industry median of 29.67. Max India's overall GF Score™ is 67/100 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 Max India (NSE:MAXIND), the current Days Inventory is 84.65 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 Max India (NSE:MAXIND) Overvalued in 2026?

Based on GuruFocus' analysis, Max India stock appears to be undervalued. The current stock price of ₹167.44 is trading 18.4% below its estimated GF Value™ of ₹205.24. GuruFocus considers Max India to be Modestly Undervalued.

Key valuation signals for NSE:MAXIND:

  • Days Inventory: 84.65 (81% below median its 10-year median of 449.55)
  • GF Value™: ₹205.24 vs. price of ₹167.44 (18.4% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 185.3% above the Healthcare Providers & Services median (#437 of 495)

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


Max India Business Description

Other Exchanges 543223:India
Address Landmark House, Plot No- 65, 3rd Floor, Sector- 44, Gurugram, HR, IND, 122003
Max India Ltd is a multi-business corporate that operates in the healthcare sector. The company provides healthcare services. Also, the company provides health insurance policies, senior-living communities, and other health-related training services. The business operates in four segments namely, Business Investments, Senior Living, Assisted Care, and Other. It derives maximum revenue from Senior Living segment.
67GF Score

Get the complete analysis for NSE:MAXIND

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

₹167.44
Price
₹205.24
GF Value