Tech MahindraNSE:TECHM +2.00%82 Days Inventory is 0.99 as of Mar. 2026, which is 87% above its 10-year median of 0.53. GuruFocus rates NSE:TECHM with a GF Score™ of 82/100 and a GF Value™ of ₹1,565.50 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,647 Software companies, Tech Mahindra ranks better than 88.4% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Tech Mahindra's Average Total Inventories for the
three
months ended in Mar. 2026 was ₹1,042 Mil. Tech Mahindra's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹95,908 Mil.
Hence, Tech Mahindra's Days Inventory for the
three
months ended in Mar. 2026 was 0.99.
The historical rank and industry rank for Tech Mahindra's Days Inventory or its related term are showing as below:
NSE:TECHM'
s Days Inventory Range Over the Past 10 Years
Min: 0.29 Med: 0.53 Max: 1.14
Current: 0.8
During the past 13 years, Tech Mahindra's highest Days Inventory was 1.14. The lowest was 0.29. And the median was 0.53.
NSE:TECHM's Days Inventory is ranked better than 88.4% of 1647
companies
in the Software industry
Industry Median: 20.09
vs NSE:TECHM: 0.80
Tech Mahindra's Days Inventory
increased
from Mar. 2025 (0.41) to Mar. 2026 (0.99).
It might indicate that Tech Mahindra's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tech Mahindra's Inventory Turnover for the
three
months ended in Mar. 2026 was 92.04.
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.
Tech Mahindra's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.01.
Tech Mahindra (NSE:TECHM) 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.
Tech Mahindra'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.
Tech Mahindra'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.
Tech Mahindra Days Inventory Related Terms
Tech Mahindra Days Inventory Historical Data
* Premium members only.
The historical data trend for Tech Mahindra'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.
NSE:TECHM vs IBM, ACN, FISV: Days Inventory Comparison
For the Information Technology Services subindustry, Tech Mahindra'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.
Tech Mahindra Days Inventory vs Software Industry
For the Software industry and Technology sector, Tech Mahindra's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tech Mahindra'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.
Tech Mahindra (NSE:TECHM) has a Days Inventory of 0.99 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tech Mahindra and its competitors. This is 87% above median its historical median of 0.53. Over the past decade, Tech Mahindra's Days Inventory has ranged from 0.29 to 1.14. According to the industry distribution chart, Tech Mahindra ranks #191 out of 1647 companies in the Software industry, placing it in the top 11.6%.
Is Tech Mahindra's Days Inventory too high?
Tech Mahindra's current Days Inventory of 0.99 is 87% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.14. The Software industry median Days Inventory is 20.09. Tech Mahindra's value of 0.99 is 95.1% below this industry median. Based on the distribution chart, Tech Mahindra ranks #191 out of 1647 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Tech Mahindra has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tech Mahindra's Days Inventory compare to IBM and ACN?
According to the Software industry distribution chart, Tech Mahindra ranks #191 out of 1647 companies for Days Inventory. This places Tech Mahindra in the top 12% of its industry — outperforming the majority of peers. The industry median Days Inventory is 20.09. Tech Mahindra's value of 0.99 is 95.1% below this benchmark. Historically, Tech Mahindra's own Days Inventory has ranged from 0.29 to 1.14 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 20.09, Tech Mahindra 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 a Software company?
The median Days Inventory among Software companies is 20.09, based on 1,647 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. Tech Mahindra's current Days Inventory of 0.99 is 95.1% 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 Tech Mahindra and its competitors. For the Software industry, the median Days Inventory is 20.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tech Mahindra's current Days Inventory is 0.99, which is 87% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech Mahindra stock overvalued right now?
Based on GuruFocus' analysis, Tech Mahindra (NSE:TECHM) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,565.50, compared to a current price of ₹1,454.80 — trading 7.1% below its estimated fair value. The current Days Inventory is 0.99, which is 87% above median its 10-year median of 0.53 and 95.1% below the Software industry median of 20.09. Tech Mahindra's overall GF Score™ is 82/100 with 3 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 Tech Mahindra (NSE:TECHM), the current Days Inventory is 0.99 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 Tech Mahindra (NSE:TECHM) Overvalued in 2026?
Based on GuruFocus' analysis, Tech Mahindra stock appears to be undervalued.
The current stock price of ₹1,454.80 is trading 7.1% below its estimated GF Value™ of ₹1,565.50.
GuruFocus considers Tech Mahindra to be Fairly Valued.
Key valuation signals for NSE:TECHM:
Days Inventory: 0.99 (87% above median its 10-year median of 0.53)
GF Value™: ₹1,565.50 vs. price of ₹1,454.80 (7.1% below fair value)
Industry Position: 95.1% below the Software median (#191 of 1647)
No single metric tells the full story. See the NSE:TECHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Process Services. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company generates the majority of its revenue from Communications & Media & Entertainment Industry. Geographically the company generates the majority of its revenue from the Americas.
82GF Score
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