Mangal Electrical Industries (NSE:MEIL) Days Inventory: 117.88 (As of Mar. 2026) — Near Median


NSE:MEIL Mangal Electrical Industries Ltd NSE:MEIL
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What is Mangal Electrical Industries Days Inventory?

Mangal Electrical Industries NSE:MEIL +2.27% 30 Days Inventory is 117.88 as of Mar. 2026, which is 4% below its 10-year median of 122.69. GuruFocus rates NSE:MEIL with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 2,963 Industrial Products companies, Mangal Electrical Industries ranks worse than 66.22% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Mangal Electrical Industries's Average Total Inventories for the three months ended in Mar. 2026 was ₹1,920 Mil. Mangal Electrical Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,487 Mil. Hence, Mangal Electrical Industries's Days Inventory for the three months ended in Mar. 2026 was 117.88.

The historical rank and industry rank for Mangal Electrical Industries's Days Inventory or its related term are showing as below:

NSE:MEIL' s Days Inventory Range Over the Past 10 Years
Min: 80.94   Med: 122.69   Max: 189.8
Current: 162.26

During the past 5 years, Mangal Electrical Industries's highest Days Inventory was 189.80. The lowest was 80.94. And the median was 122.69.

NSE:MEIL's Days Inventory is ranked worse than
66.22% of 2963 companies
in the Industrial Products industry
Industry Median: 119.41 vs NSE:MEIL: 162.26

Mangal Electrical Industries's Days Inventory declined from Dec. 2024 (126.64) to Mar. 2026 (117.88).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mangal Electrical Industries's Inventory Turnover for the three months ended in Mar. 2026 was 0.77.

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. Mangal Electrical Industries's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.07.


Mangal Electrical Industries  (NSE:MEIL) 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.

Mangal Electrical Industries'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.

Mangal Electrical Industries'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.


Mangal Electrical Industries Days Inventory Related Terms


Mangal Electrical Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Mangal Electrical Industries'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.

Mangal Electrical Industries Days Inventory Chart

Mangal Electrical Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
189.80 122.69 80.94 101.38 135.64

Mangal Electrical Industries Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only 126.64 116.51 127.69 131.61 117.88

NSE:MEIL vs VRT, BE: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, Mangal Electrical Industries'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.


Mangal Electrical Industries Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mangal Electrical Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mangal Electrical Industries's Days Inventory falls into.


NSE:MEIL
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Mangal Electrical Industries Ltd NSE:MEIL
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Mangal Electrical Industries Days Inventory Calculation

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

Mangal Electrical Industries'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
=( (1482.694 + 1920.474) / 2 ) / 4578.852*365
=1701.584 / 4578.852*365
=135.64

Mangal Electrical Industries'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 + 1920.474) / 1 ) / 1486.629*365 / 4
=1920.474 / 1486.629*365 / 4
=117.88

* 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 117.88 mean?
Mangal Electrical Industries (NSE:MEIL) has a Days Inventory of 117.88 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mangal Electrical Industries and its competitors. This is near median its historical median of 122.69. Over the past decade, Mangal Electrical Industries' Days Inventory has ranged from 80.94 to 189.80. According to the industry distribution chart, Mangal Electrical Industries ranks #1962 out of 2963 companies in the Industrial Products industry, placing it in the top 66.2%.
Is Mangal Electrical Industries' Days Inventory too high?
Mangal Electrical Industries' current Days Inventory of 117.88 is near median its 10-year median of 122.69. Over the past 10 years, this metric has ranged from a low of 80.94 to a high of 189.80. The Industrial Products industry median Days Inventory is 119.41. Mangal Electrical Industries' value of 117.88 is 1.3% below this industry median. Based on the distribution chart, Mangal Electrical Industries ranks #1962 out of 2963 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mangal Electrical Industries has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' Days Inventory compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mangal Electrical Industries ranks #1962 out of 2963 companies for Days Inventory. This places Mangal Electrical Industries in the lower half of its industry. The industry median Days Inventory is 119.41. Mangal Electrical Industries' value of 117.88 is 1.3% below this benchmark. Historically, Mangal Electrical Industries' own Days Inventory has ranged from 80.94 to 189.80 over the past decade. While the company's 10-year median is 122.69 vs. the industry median of 119.41, Mangal Electrical Industries 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.41, based on 2,963 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. Mangal Electrical Industries's current Days Inventory of 117.88 is 1.3% 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 Mangal Electrical Industries and its competitors. For the Industrial Products industry, the median Days Inventory is 119.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangal Electrical Industries's current Days Inventory is 117.88, which is near median its own 10-year median of 122.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current Days Inventory of 117.88. The current Days Inventory is 117.88, which is near median its 10-year median of 122.69 and 1.3% below the Industrial Products industry median of 119.41. Mangal Electrical Industries' overall GF Score™ is 30/100 with 4 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 Mangal Electrical Industries (NSE:MEIL), the current Days Inventory is 117.88 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.

Mangal Electrical Industries Business Description

Other Exchanges 544492:India
Address Road No. 1-C, C-61, C-61, A&B, V. K. I. Area, Jaipur, RJ, IND, 302 013
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
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