Mangels Industrial (BSP:MGEL4) Inventory Turnover: 1.59 (As of Mar. 2026)

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BSP:MGEL4 Mangels Industrial SA BSP:MGEL4
62 GF Score
Price R$5.25
GF Value R$9.60
Valuation Possible Value Trap
! 6 Warning Signs
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What is Mangels Industrial Inventory Turnover?

Mangels Industrial BSP:MGEL4 62 Inventory Turnover is 1.59 as of Mar. 2026. GuruFocus rates BSP:MGEL4 with a GF Score™ of 62/100 and a GF Value™ of R$9.60 (Possible Value Trap). The stock has 6 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Mangels Industrial's Cost of Goods Sold for the three months ended in Mar. 2026 was R$238 Mil. Mangels Industrial's Average Total Inventories for the quarter that ended in Mar. 2026 was R$150 Mil. Mangels Industrial's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mangels Industrial's Days Inventory for the three months ended in Mar. 2026 was 57.39.

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. Mangels Industrial's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.56.


Mangels Industrial  (BSP:MGEL4) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Mangels Industrial's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=149.663/237.947*365 / 4
=57.39

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.

Mangels Industrial's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=149.663 / 265.924
=0.56

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Mangels Industrial Inventory Turnover Related Terms


Mangels Industrial Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Mangels Industrial's Inventory Turnover 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.

Mangels Industrial Inventory Turnover Chart

Mangels Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.05 6.60 6.58 6.84 6.96

Mangels Industrial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 1.66 1.70 2.00 1.70 1.59
BSP:MGEL4
62GF Score
Mangels Industrial SA BSP:MGEL4
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangels Industrial Inventory Turnover Calculation

Mangels Industrial's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=928.369 / ((125.615 + 140.997) / 2 )
=928.369 / 133.306
=6.96

Mangels Industrial's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=237.947 / ((140.997 + 158.329) / 2 )
=237.947 / 149.663
=1.59

* 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 Inventory Turnover →
What does a Inventory Turnover of 1.59 mean?
Mangels Industrial (BSP:MGEL4) has a Inventory Turnover of 1.59 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mangels Industrial and its competitors.
Is Mangels Industrial's Inventory Turnover too high?
Mangels Industrial's current Inventory Turnover is 1.59. Overall, Mangels Industrial has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mangels Industrial's Inventory Turnover compare to NUE and STLD?
Mangels Industrial's Inventory Turnover of 1.59 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Steel company?
A good Inventory Turnover depends on the Steel industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mangels Industrial and its competitors. Mangels Industrial's current Inventory Turnover is 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangels Industrial stock overvalued right now?
Based on GuruFocus' analysis, Mangels Industrial (BSP:MGEL4) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.60, compared to a current price of R$5.25 — trading 45.3% below its estimated fair value. The current Inventory Turnover is 1.59. Mangels Industrial's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Mangels Industrial (BSP:MGEL4), the current Inventory Turnover is 1.59 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 Mangels Industrial (BSP:MGEL4) Overvalued in 2026?

Based on GuruFocus' analysis, Mangels Industrial stock appears to be undervalued. The current stock price of R$5.25 is trading 45.3% below its estimated GF Value™ of R$9.60. GuruFocus considers Mangels Industrial to be Possible Value Trap.

Key valuation signals for BSP:MGEL4:

  • Inventory Turnover: 1.59
  • GF Value™: R$9.60 vs. price of R$5.25 (45.3% below fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the BSP:MGEL4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mangels Industrial Business Description

Address Rua Verbo Divino 1488, 6th floor, Suite 61A and 64D, Chacara Santo, Antonio, Sao Paulo, SP, BRA, 04719904
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.
62GF Score

Get the complete analysis for BSP:MGEL4

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

R$5.25
Price
R$9.60
GF Value