Cummins India's total inventories for the quarter that ended in Mar. 2026 was ₹11,685 Mil. Cummins India's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₹5,842 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cummins India's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹137.45.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cummins India's Days Inventory for the
three
months ended in Mar. 2026 was 27.68.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cummins India's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.30.
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.
Cummins India's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.20.
Cummins India (NSE:CUMMINSIND) Total Inventories Explanation
Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.
1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.
Cummins India's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is
4. 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.
Cummins India's Inventory to Revenue for the quarter that 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
Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.
When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.
Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.
Cummins India Total Inventories Related Terms
Cummins India Total Inventories Historical Data
* Premium members only.
The historical data trend for Cummins India's Total Inventories 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.
Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.
What does a Total Inventories of ₹11,685 Mil mean?
Cummins India (NSE:CUMMINSIND) has a Total Inventories of ₹11,685 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Cummins India and its competitors.
Is Cummins India's Total Inventories too high?
Cummins India's current Total Inventories is ₹11,685 Mil. Overall, Cummins India has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cummins India's Total Inventories compare to GEV and ETN?
Cummins India's Total Inventories of ₹11,685 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Industrial Products company?
A good Total Inventories depends on the Industrial Products industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Cummins India and its competitors. Cummins India's current Total Inventories is ₹11,685 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cummins India stock overvalued right now?
Based on GuruFocus' analysis, Cummins India (NSE:CUMMINSIND) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹4,350.25, compared to a current price of ₹5,578.50 — trading 28.2% above its estimated fair value. The current Total Inventories is ₹11,685 Mil. Cummins India's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Cummins India (NSE:CUMMINSIND), the current Total Inventories is ₹11,685 Mil 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 Cummins India (NSE:CUMMINSIND) Overvalued in 2026?
Based on GuruFocus' analysis, Cummins India stock appears to be overvalued.
The current stock price of ₹5,578.50 is trading 28.2% above its estimated GF Value™ of ₹4,350.25.
GuruFocus considers Cummins India to be Modestly Overvalued.
Key valuation signals for NSE:CUMMINSIND:
Total Inventories: ₹11,685 Mil
GF Value™: ₹4,350.25 vs. price of ₹5,578.50 (28.2% above fair value)
No single metric tells the full story. See the NSE:CUMMINSIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cummins India Ltd designs and manufactures service engines and engages in allied activities. The company produces fuel systems, air handling, filtration, emission solutions, and electrical power generation systems in facilities across India. The company's business units are; Engines, Power Systems, Components, and Distribution. Its operating segments are; Engines and Lubes. Maximum revenue is generated from its Engines segment which manufactures engines from 60 HP for low, medium, and heavy-duty on-highway commercial vehicle markets and off-highway commercial equipment industry spanning construction and compressor.
84GF Score
Get the complete analysis for NSE:CUMMINSIND
Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CUMMINSIND has been successfully added to your 
