TRF (NSE:TRF) Days Inventory: 646.58 (As of Mar. 2026) — 216% Above Median


NSE:TRF TRF Ltd NSE:TRF
57 GF Score
Price ₹234.98
GF Value ₹241.27
Valuation Fairly Valued
! 5 Warning Signs
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What is TRF Days Inventory?

TRF NSE:TRF +0.77% 57 Days Inventory is 646.58 as of Mar. 2026, which is 216% above its 10-year median of 204.85. GuruFocus rates NSE:TRF with a GF Score™ of 57/100 and a GF Value™ of ₹241.27 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,969 Industrial Products companies, TRF ranks worse than 89.19% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). TRF's Average Total Inventories for the three months ended in Mar. 2026 was ₹112.1 Mil. TRF's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹15.8 Mil. Hence, TRF's Days Inventory for the three months ended in Mar. 2026 was 646.58.

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

NSE:TRF' s Days Inventory Range Over the Past 10 Years
Min: 121.94   Med: 204.85   Max: 382.91
Current: 297.3

During the past 13 years, TRF's highest Days Inventory was 382.91. The lowest was 121.94. And the median was 204.85.

NSE:TRF's Days Inventory is ranked worse than
89.19% of 2969 companies
in the Industrial Products industry
Industry Median: 119.47 vs NSE:TRF: 297.30

TRF's Days Inventory increased from Mar. 2025 (210.01) to Mar. 2026 (646.58). It might indicate that TRF's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. TRF's Inventory Turnover for the three months ended in Mar. 2026 was 0.14.

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. TRF's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.58.


TRF  (NSE:TRF) 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.

TRF'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.

TRF'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.


TRF Days Inventory Related Terms


TRF Days Inventory Historical Data

* Premium members only.

The historical data trend for TRF'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.

TRF Days Inventory Chart

TRF Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 199.44 170.49 121.94 269.51 382.91

TRF Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 210.01 146.31 119.61 208.78 646.58

NSE:TRF vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, TRF'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.


TRF Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TRF's Days Inventory distribution charts can be found below:

* The bar in red indicates where TRF's Days Inventory falls into.


NSE:TRF
57GF Score
TRF Ltd NSE:TRF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRF Days Inventory Calculation

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

TRF'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
=( (44.861 + 112.07) / 2 ) / 74.795*365
=78.4655 / 74.795*365
=382.91

TRF'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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 112.07) / 1 ) / 15.816*365 / 4
=112.07 / 15.816*365 / 4
=646.58

* 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 646.58 mean?
TRF (NSE:TRF) has a Days Inventory of 646.58 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on TRF and its competitors. This is 216% above median its historical median of 204.85. Over the past decade, TRF's Days Inventory has ranged from 121.94 to 382.91. According to the industry distribution chart, TRF ranks #2648 out of 2969 companies in the Industrial Products industry, placing it in the top 89.2%.
Is TRF's Days Inventory too high?
TRF's current Days Inventory of 646.58 is 216% above median its 10-year median of 204.85. Over the past 10 years, this metric has ranged from a low of 121.94 to a high of 382.91. The Industrial Products industry median Days Inventory is 119.47. TRF's value of 646.58 is 441.2% above this industry median. Based on the distribution chart, TRF ranks #2648 out of 2969 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, TRF has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TRF's Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, TRF ranks #2648 out of 2969 companies for Days Inventory. This places TRF in the lower half of its industry. The industry median Days Inventory is 119.47. TRF's value of 646.58 is 441.2% above this benchmark. Historically, TRF's own Days Inventory has ranged from 121.94 to 382.91 over the past decade. While the company's 10-year median is 204.85 vs. the industry median of 119.47, TRF 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 119.47, based on 2,969 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. TRF's current Days Inventory of 646.58 is 441.2% 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 TRF and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRF's current Days Inventory is 646.58, which is 216% above median its own 10-year median of 204.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRF stock overvalued right now?
Based on GuruFocus' analysis, TRF (NSE:TRF) is currently considered Fairly Valued. The stock's GF Value™ is ₹241.27, compared to a current price of ₹234.98 — trading 2.6% below its estimated fair value. The current Days Inventory is 646.58, which is 216% above median its 10-year median of 204.85 and 441.2% above the Industrial Products industry median of 119.47. TRF's overall GF Score™ is 57/100 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 TRF (NSE:TRF), the current Days Inventory is 646.58 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 TRF (NSE:TRF) Overvalued in 2026?

Based on GuruFocus' analysis, TRF stock appears to be undervalued. The current stock price of ₹234.98 is trading 2.6% below its estimated GF Value™ of ₹241.27. GuruFocus considers TRF to be Fairly Valued.

Key valuation signals for NSE:TRF:

  • Days Inventory: 646.58 (216% above median its 10-year median of 204.85)
  • GF Value™: ₹241.27 vs. price of ₹234.98 (2.6% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 441.2% above the Industrial Products median (#2648 of 2969)

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


TRF Business Description

Other Exchanges 505854:India
Address 11, Station Road, Burma Mines, Jamshedpur, JH, IND, 831007
TRF Ltd through its subsidiaries is engaged in material handling equipment such as stackers, reclaimers, stacker-cum-reclaimers, ship loaders, unloaders, general conveyors, idler rollers, and all types of machinery for sorting, screening, and separating. The company undertakes turnkey projects of material handling for the infrastructure sector such as power and ports and industrial sectors such as steel plants, cement, fertilizers, and mining. The company is also engaged in the production of such material-handling equipment. Further, the company is engaged in providing services relating to design, engineering, and supervision.
57GF Score

Get the complete analysis for NSE:TRF

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

₹234.98
Price
₹241.27
GF Value