MRFNSE:MRF +0.41%92 Days Inventory is 100.38 as of Mar. 2026, which is 0% above its 10-year median of 100.29. GuruFocus rates NSE:MRF with a GF Score™ of 92/100 and a GF Value™ of ₹160,197.52 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,291 Vehicles & Parts companies, MRF ranks worse than 64.52% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). MRF's Average Total Inventories for the
three
months ended in Mar. 2026 was ₹54,168 Mil. MRF's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹49,243 Mil.
Hence, MRF's Days Inventory for the
three
months ended in Mar. 2026 was 100.38.
The historical rank and industry rank for MRF's Days Inventory or its related term are showing as below:
NSE:MRF'
s Days Inventory Range Over the Past 10 Years
Min: 89.53 Med: 100.29 Max: 111.23
Current: 102.32
During the past 13 years, MRF's highest Days Inventory was 111.23. The lowest was 89.53. And the median was 100.29.
NSE:MRF's Days Inventory is ranked worse than 64.52% of 1291
companies
in the Vehicles & Parts industry
Industry Median: 80.26
vs NSE:MRF: 102.32
MRF's Days Inventory
declined
from Mar. 2025 (114.48) to Mar. 2026 (100.38).
Inventory Turnover measures how fast the company turns over its inventory within a year.
MRF's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.91.
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.
MRF's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.67.
MRF (NSE:MRF) 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.
MRF'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.
MRF'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.
MRF Days Inventory Related Terms
MRF Days Inventory Historical Data
* Premium members only.
The historical data trend for MRF'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 Auto Parts subindustry, MRF'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.
MRF Days Inventory vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MRF's Days Inventory distribution charts can be found below:
* The bar in red indicates where MRF'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.
MRF (NSE:MRF) has a Days Inventory of 100.38 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MRF and its competitors. This is near median its historical median of 100.29. Over the past decade, MRF's Days Inventory has ranged from 89.53 to 111.23. According to the industry distribution chart, MRF ranks #833 out of 1291 companies in the Vehicles & Parts industry, placing it in the top 64.5%.
Is MRF's Days Inventory too high?
MRF's current Days Inventory of 100.38 is near median its 10-year median of 100.29. Over the past 10 years, this metric has ranged from a low of 89.53 to a high of 111.23. The Vehicles & Parts industry median Days Inventory is 80.26. MRF's value of 100.38 is 25.1% above this industry median. Based on the distribution chart, MRF ranks #833 out of 1291 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, MRF has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MRF's Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MRF ranks #833 out of 1291 companies for Days Inventory. This places MRF in the lower half of its industry. The industry median Days Inventory is 80.26. MRF's value of 100.38 is 25.1% above this benchmark. Historically, MRF's own Days Inventory has ranged from 89.53 to 111.23 over the past decade. While the company's 10-year median is 100.29 vs. the industry median of 80.26, MRF 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 Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.26, based on 1,291 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. MRF's current Days Inventory of 100.38 is 25.1% 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 MRF and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MRF's current Days Inventory is 100.38, which is near median its own 10-year median of 100.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRF stock overvalued right now?
Based on GuruFocus' analysis, MRF (NSE:MRF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹160,197.52, compared to a current price of ₹134,425.00 — trading 16.1% below its estimated fair value. The current Days Inventory is 100.38, which is near median its 10-year median of 100.29 and 25.1% above the Vehicles & Parts industry median of 80.26. MRF's overall GF Score™ is 92/100 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 MRF (NSE:MRF), the current Days Inventory is 100.38 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 MRF (NSE:MRF) Overvalued in 2026?
Based on GuruFocus' analysis, MRF stock appears to be undervalued.
The current stock price of ₹134,425.00 is trading 16.1% below its estimated GF Value™ of ₹160,197.52.
GuruFocus considers MRF to be Modestly Undervalued.
Key valuation signals for NSE:MRF:
Days Inventory: 100.38 (near median its 10-year median of 100.29)
GF Value™: ₹160,197.52 vs. price of ₹134,425.00 (16.1% below fair value)
Industry Position: 25.1% above the Vehicles & Parts median (#833 of 1291)
No single metric tells the full story. See the NSE:MRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MRF Ltd makes and sells rubber products, including tires, tubes, tread rubber, conveyor belts, and building and floor coatings. The firm's tires are used for automobiles, commercial trucks, and farm equipment. The company sells tires under the MRF brand name. MRF also operates multiple retail stores that sell tires and offer services. Stores under the MRF TireRok brand offer wheel alignment and air conditioning repair. MRF Musclezone stores offer tire servicing for commercial vehicles. MRF Tyredom stores offer a wheel alignment and car washes. The majority of revenue comes from India.
92GF Score
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