Shigan Quantum Technologies (NSE:SHIGAN) Days Inventory: 101.05 (As of Mar. 2026) — Near Median

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NSE:SHIGAN Shigan Quantum Technologies Ltd NSE:SHIGAN
61 GF Score
Price ₹65.50
GF Value ₹104.52
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shigan Quantum Technologies Days Inventory?

Shigan Quantum Technologies NSE:SHIGAN 61 Days Inventory is 101.05 as of Mar. 2026, which is 1% below its 10-year median of 102.48. GuruFocus rates NSE:SHIGAN with a GF Score™ of 61/100 and a GF Value™ of ₹104.52 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,290 Vehicles & Parts companies, Shigan Quantum Technologies ranks worse than 63.95% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shigan Quantum Technologies's Average Total Inventories for the six months ended in Mar. 2026 was ₹483 Mil. Shigan Quantum Technologies's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹872 Mil. Hence, Shigan Quantum Technologies's Days Inventory for the six months ended in Mar. 2026 was 101.05.

The historical rank and industry rank for Shigan Quantum Technologies's Days Inventory or its related term are showing as below:

NSE:SHIGAN' s Days Inventory Range Over the Past 10 Years
Min: 57.84   Med: 102.48   Max: 162.04
Current: 101.11

During the past 8 years, Shigan Quantum Technologies's highest Days Inventory was 162.04. The lowest was 57.84. And the median was 102.48.

NSE:SHIGAN's Days Inventory is ranked worse than
63.95% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 80.73 vs NSE:SHIGAN: 101.11

Shigan Quantum Technologies's Days Inventory declined from Mar. 2025 (108.73) to Mar. 2026 (101.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shigan Quantum Technologies's Inventory Turnover for the six months ended in Mar. 2026 was 1.81.

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. Shigan Quantum Technologies's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.44.


Shigan Quantum Technologies  (NSE:SHIGAN) 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.

Shigan Quantum Technologies'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.

Shigan Quantum Technologies'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.


Shigan Quantum Technologies Days Inventory Related Terms


Shigan Quantum Technologies Days Inventory Historical Data

* Premium members only.

The historical data trend for Shigan Quantum Technologies'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.

Shigan Quantum Technologies Days Inventory Chart

Shigan Quantum Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 0.00 145.86 162.04 109.82 102.48

Shigan Quantum Technologies Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 132.86 111.16 108.73 99.81 101.05

NSE:SHIGAN vs ORLY, AZO: Days Inventory Comparison

For the Auto Parts subindustry, Shigan Quantum Technologies'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.


Shigan Quantum Technologies Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shigan Quantum Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shigan Quantum Technologies's Days Inventory falls into.


NSE:SHIGAN
61GF Score
Shigan Quantum Technologies Ltd NSE:SHIGAN
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shigan Quantum Technologies Days Inventory Calculation

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

Shigan Quantum Technologies'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
=( (492.962 + 492.977) / 2 ) / 1755.738*365
=492.9695 / 1755.738*365
=102.48

Shigan Quantum Technologies'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (473.153 + 492.977) / 2 ) / 872.443*365 / 2
=483.065 / 872.443*365 / 2
=101.05

* 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 101.05 mean?
Shigan Quantum Technologies (NSE:SHIGAN) has a Days Inventory of 101.05 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shigan Quantum Technologies and its competitors. This is near median its historical median of 102.48. Over the past decade, Shigan Quantum Technologies' Days Inventory has ranged from 57.84 to 162.04. According to the industry distribution chart, Shigan Quantum Technologies ranks #825 out of 1290 companies in the Vehicles & Parts industry, placing it in the top 64%.
Is Shigan Quantum Technologies' Days Inventory too high?
Shigan Quantum Technologies' current Days Inventory of 101.05 is near median its 10-year median of 102.48. Over the past 10 years, this metric has ranged from a low of 57.84 to a high of 162.04. The Vehicles & Parts industry median Days Inventory is 80.73. Shigan Quantum Technologies' value of 101.05 is 25.2% above this industry median. Based on the distribution chart, Shigan Quantum Technologies ranks #825 out of 1290 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Shigan Quantum Technologies has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shigan Quantum Technologies' Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Shigan Quantum Technologies ranks #825 out of 1290 companies for Days Inventory. This places Shigan Quantum Technologies in the lower half of its industry. The industry median Days Inventory is 80.73. Shigan Quantum Technologies' value of 101.05 is 25.2% above this benchmark. Historically, Shigan Quantum Technologies' own Days Inventory has ranged from 57.84 to 162.04 over the past decade. While the company's 10-year median is 102.48 vs. the industry median of 80.73, Shigan Quantum Technologies 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 80.73, based on 1,290 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. Shigan Quantum Technologies's current Days Inventory of 101.05 is 25.2% 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 Shigan Quantum Technologies and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shigan Quantum Technologies's current Days Inventory is 101.05, which is near median its own 10-year median of 102.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shigan Quantum Technologies stock overvalued right now?
Based on GuruFocus' analysis, Shigan Quantum Technologies (NSE:SHIGAN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹104.52, compared to a current price of ₹65.50 — trading 37.3% below its estimated fair value. The current Days Inventory is 101.05, which is near median its 10-year median of 102.48 and 25.2% above the Vehicles & Parts industry median of 80.73. Shigan Quantum Technologies' overall GF Score™ is 61/100 with 5 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 Shigan Quantum Technologies (NSE:SHIGAN), the current Days Inventory is 101.05 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 Shigan Quantum Technologies (NSE:SHIGAN) Overvalued in 2026?

Based on GuruFocus' analysis, Shigan Quantum Technologies stock appears to be undervalued. The current stock price of ₹65.50 is trading 37.3% below its estimated GF Value™ of ₹104.52. GuruFocus considers Shigan Quantum Technologies to be Possible Value Trap.

Key valuation signals for NSE:SHIGAN:

  • Days Inventory: 101.05 (near median its 10-year median of 102.48)
  • GF Value™: ₹104.52 vs. price of ₹65.50 (37.3% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 25.2% above the Vehicles & Parts median (#825 of 1290)

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


Shigan Quantum Technologies Business Description

Address Alier Bhangrola Road, Hall No. 2, 3, 6-8, Ground Floor and First floor, Shyam Udyog Parisar, Khasra No. 25/1, 15/3/2, IMT Manesar, Gurugram, HR, IND, 122052
Shigan Quantum Technologies Ltd is engaged in the business of designing, developing, and manufacturing a variety of alternate fuel systems components, including compressed natural gas, liquefied natural gas, and hydrogen fuel kit systems for original equipment manufacturer suppliers to the auto industry. The company manufactures alternate fuel systems for heavy-duty vehicles, light-duty vehicles, and off-highway applications. Its product portfolio includes CNG filters, engine control units, fuel rails, injectors, filler valves, and others.
61GF Score

Get the complete analysis for NSE:SHIGAN

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

₹65.50
Price
₹104.52
GF Value