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Munish ForgeNSE:MUNISH +0.50%13 Days Inventory is 179.82 as of Mar. 2026, which is 4% above its 10-year median of 172.42. GuruFocus rates NSE:MUNISH with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 2,968 Industrial Products companies, Munish Forge ranks worse than 92.96% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Munish Forge's Average Total Inventories for the
six
months ended in Mar. 2026 was ₹643 Mil. Munish Forge's Cost of Goods Sold for the
six
months ended in Mar. 2026 was ₹653 Mil.
Hence, Munish Forge's Days Inventory for the
six
months ended in Mar. 2026 was 179.82.
The historical rank and industry rank for Munish Forge's Days Inventory or its related term are showing as below:
NSE:MUNISH'
s Days Inventory Range Over the Past 10 Years
Min: 128.79 Med: 172.42 Max: 359.64
Current: 359.64
During the past 5 years, Munish Forge's highest Days Inventory was 359.64. The lowest was 128.79. And the median was 172.42.
NSE:MUNISH's Days Inventory is ranked worse than 92.96% of 2968
companies
in the Industrial Products industry
Industry Median: 119.51
vs NSE:MUNISH: 359.64
Munish Forge's Days Inventory
increased
from Mar. 2024 (0.00) to Mar. 2026 (179.82).
It might indicate that Munish Forge's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Munish Forge's Inventory Turnover for the
six
months ended in Mar. 2026 was 1.01.
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.
Munish Forge's Inventory-to-Revenue for the
six
months ended in Mar. 2026 was 0.64.
Munish Forge (NSE:MUNISH) 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.
Munish Forge'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.
Munish Forge'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.
Munish Forge Days Inventory Related Terms
Munish Forge Days Inventory Historical Data
* Premium members only.
The historical data trend for Munish Forge'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.
Munish Forge Days Inventory Chart
Munish Forge Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
Days Inventory
202.40
140.56
128.79
172.42
208.37
Munish Forge Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
Days Inventory
0.00
0.00
0.00
170.73
179.82
NSE:MUNISH vs CRS, ATI, MLI: Days Inventory Comparison
For the Metal Fabrication subindustry, Munish Forge'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.
Munish Forge Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Munish Forge's Days Inventory distribution charts can be found below:
* The bar in red indicates where Munish Forge'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.
Munish Forge (NSE:MUNISH) has a Days Inventory of 179.82 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Munish Forge and its competitors. This is near median its historical median of 172.42. Over the past decade, Munish Forge's Days Inventory has ranged from 128.79 to 359.64. According to the industry distribution chart, Munish Forge ranks #2759 out of 2968 companies in the Industrial Products industry, placing it in the top 93%.
Is Munish Forge's Days Inventory too high?
Munish Forge's current Days Inventory of 179.82 is near median its 10-year median of 172.42. Over the past 10 years, this metric has ranged from a low of 128.79 to a high of 359.64. The Industrial Products industry median Days Inventory is 119.51. Munish Forge's value of 179.82 is 50.5% above this industry median. Based on the distribution chart, Munish Forge ranks #2759 out of 2968 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Munish Forge has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Munish Forge's Days Inventory compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Munish Forge ranks #2759 out of 2968 companies for Days Inventory. This places Munish Forge in the lower half of its industry. The industry median Days Inventory is 119.51. Munish Forge's value of 179.82 is 50.5% above this benchmark. Historically, Munish Forge's own Days Inventory has ranged from 128.79 to 359.64 over the past decade. While the company's 10-year median is 172.42 vs. the industry median of 119.51, Munish Forge 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.51, based on 2,968 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. Munish Forge's current Days Inventory of 179.82 is 50.5% 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 Munish Forge and its competitors. For the Industrial Products industry, the median Days Inventory is 119.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munish Forge's current Days Inventory is 179.82, which is near median its own 10-year median of 172.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munish Forge stock overvalued right now?
Munish Forge (NSE:MUNISH) has a current Days Inventory of 179.82. The current Days Inventory is 179.82, which is near median its 10-year median of 172.42 and 50.5% above the Industrial Products industry median of 119.51. Munish Forge's overall GF Score™ is 13/100 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 Munish Forge (NSE:MUNISH), the current Days Inventory is 179.82 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.
Munish Forge Ltd is a manufacturer in the forging and casting industry, specializing in manufacturing premium forged and cast components. It manufactures components like Flange, Scaffolding, Auto parts, Tank tracks chains, Bomb shells, Fence post and steel accessories as per customer specifications and International Standard catering to the requirements of Indian Army and various industries such as Defence, Oil and Gas, Automobile, Construction and Infrastructure.
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