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MIC ElectronicsNSE:MICEL -0.05%72 Days Inventory is 97.61 as of Mar. 2026, which is 53% below its 10-year median of 207.79. GuruFocus rates NSE:MICEL with a GF Score™ of 72/100 and a GF Value™ of ₹209.62 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,420 Hardware companies, MIC Electronics ranks better than 77.56% on this metric.
The historical rank and industry rank for MIC Electronics's Days Inventory or its related term are showing as below:
NSE:MICEL'
s Days Inventory Range Over the Past 10 Years
Min: 54.79 Med: 207.79 Max: 30583.3
Current: 54.79
During the past 13 years, MIC Electronics's highest Days Inventory was 30583.30. The lowest was 54.79. And the median was 207.79.
NSE:MICEL's Days Inventory is ranked better than 77.56% of 2420
companies
in the Hardware industry
Industry Median: 94.265
vs NSE:MICEL: 54.79
MIC Electronics's Days Inventory
increased
from Mar. 2025 (47.57) to Mar. 2026 (97.61).
It might indicate that MIC Electronics's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
MIC Electronics's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.93.
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.
MIC Electronics's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.57.
MIC Electronics (NSE:MICEL) 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.
MIC Electronics'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.
MIC Electronics'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.
MIC Electronics Days Inventory Related Terms
MIC Electronics Days Inventory Historical Data
* Premium members only.
The historical data trend for MIC Electronics'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.
For the Electronic Components subindustry, MIC Electronics'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.
MIC Electronics Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, MIC Electronics's Days Inventory distribution charts can be found below:
* The bar in red indicates where MIC Electronics's Days Inventory falls into.
* 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.
MIC Electronics (NSE:MICEL) has a Days Inventory of 97.61 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MIC Electronics and its competitors. This is 53% below median its historical median of 207.79. Over the past decade, MIC Electronics' Days Inventory has ranged from 54.79 to 30,583.30. According to the industry distribution chart, MIC Electronics ranks #543 out of 2420 companies in the Hardware industry, placing it in the top 22.4%.
Is MIC Electronics' Days Inventory too high?
MIC Electronics' current Days Inventory of 97.61 is 53% below median its 10-year median of 207.79. Over the past 10 years, this metric has ranged from a low of 54.79 to a high of 30,583.30. The Hardware industry median Days Inventory is 94.27. MIC Electronics' value of 97.61 is 3.5% above this industry median. Based on the distribution chart, MIC Electronics ranks #543 out of 2420 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, MIC Electronics has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MIC Electronics' Days Inventory compare to APH and GLW?
According to the Hardware industry distribution chart, MIC Electronics ranks #543 out of 2420 companies for Days Inventory. This places MIC Electronics in the top 22% of its industry — outperforming the majority of peers. The industry median Days Inventory is 94.27. MIC Electronics' value of 97.61 is 3.5% above this benchmark. Historically, MIC Electronics' own Days Inventory has ranged from 54.79 to 30,583.30 over the past decade. While the company's 10-year median is 207.79 vs. the industry median of 94.27, MIC Electronics 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 Hardware company?
The median Days Inventory among Hardware companies is 94.27, based on 2,420 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. MIC Electronics's current Days Inventory of 97.61 is 3.5% 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 MIC Electronics and its competitors. For the Hardware industry, the median Days Inventory is 94.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIC Electronics's current Days Inventory is 97.61, which is 53% below median its own 10-year median of 207.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIC Electronics stock overvalued right now?
Based on GuruFocus' analysis, MIC Electronics (NSE:MICEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹209.62, compared to a current price of ₹37.46 — trading 82.1% below its estimated fair value. The current Days Inventory is 97.61, which is 53% below median its 10-year median of 207.79 and 3.5% above the Hardware industry median of 94.27. MIC Electronics' overall GF Score™ is 72/100 with 2 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 MIC Electronics (NSE:MICEL), the current Days Inventory is 97.61 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 MIC Electronics (NSE:MICEL) Overvalued in 2026?
Based on GuruFocus' analysis, MIC Electronics stock appears to be undervalued.
The current stock price of ₹37.46 is trading 82.1% below its estimated GF Value™ of ₹209.62.
GuruFocus considers MIC Electronics to be Possible Value Trap.
Key valuation signals for NSE:MICEL:
Days Inventory: 97.61 (53% below median its 10-year median of 207.79)
GF Value™: ₹209.62 vs. price of ₹37.46 (82.1% below fair value)
Industry Position: 3.5% above the Hardware median (#543 of 2420)
No single metric tells the full story. See the NSE:MICEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MIC Electronics Ltd designs, develops, and manufactures light-emitting diode (LED) video displays, and other electronic components. The operating segments of the group are LED products; Medical appliances and E Vehicles. Its products include LED lighting, LED displays, Oxygen concentrators, and Batteries. The company predominantly operates in India.
72GF Score
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