Orissa Sponge Iron & Steel (BOM:504864) Days Inventory: 76.98 (As of Mar. 2025) — 91% Below Median

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What is Orissa Sponge Iron & Steel Days Inventory?

Orissa Sponge Iron & Steel BOM:504864 Days Inventory is 76.98 as of Mar. 2025, which is 91% below its 10-year median of 829.60. The stock has 8 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Orissa Sponge Iron & Steel's Average Total Inventories for the six months ended in Mar. 2025 was ₹887 Mil. Orissa Sponge Iron & Steel's Cost of Goods Sold for the six months ended in Mar. 2025 was ₹4,205 Mil. Hence, Orissa Sponge Iron & Steel's Days Inventory for the six months ended in Mar. 2025 was 38.49.

The historical rank and industry rank for Orissa Sponge Iron & Steel's Days Inventory or its related term are showing as below:

BOM:504864' s Days Inventory Range Over the Past 10 Years
Min: 76.98   Med: 829.6   Max: 23512.7
Current: 76.98

During the past 13 years, Orissa Sponge Iron & Steel's highest Days Inventory was 23512.70. The lowest was 76.98. And the median was 829.60.

BOM:504864's Days Inventory is not ranked
in the Steel industry.
Industry Median: 86.72 vs BOM:504864: 76.98

Orissa Sponge Iron & Steel's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2025 (76.98). It might indicate that Orissa Sponge Iron & Steel's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orissa Sponge Iron & Steel's Inventory Turnover for the six months ended in Mar. 2025 was 4.74.

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. Orissa Sponge Iron & Steel's Inventory-to-Revenue for the six months ended in Mar. 2025 was 0.22.


Orissa Sponge Iron & Steel  (BOM:504864) 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.

Orissa Sponge Iron & Steel's Inventory Turnover for the six months ended in Mar. 2025 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.

Orissa Sponge Iron & Steel's Inventory to Revenue for the six months ended in Mar. 2025 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.


Orissa Sponge Iron & Steel Days Inventory Related Terms


Orissa Sponge Iron & Steel Days Inventory Historical Data

* Premium members only.

The historical data trend for Orissa Sponge Iron & Steel'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.

Orissa Sponge Iron & Steel Days Inventory Chart

Orissa Sponge Iron & Steel Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 667.61 2,155.08 0.00 133.94 76.98

Orissa Sponge Iron & Steel Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
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 667.61 2,155.08 0.00 133.94 76.98

BOM:504864 vs NUE: Days Inventory Comparison

For the Steel subindustry, Orissa Sponge Iron & Steel'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.


Orissa Sponge Iron & Steel Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Orissa Sponge Iron & Steel's Days Inventory distribution charts can be found below:

* The bar in red indicates where Orissa Sponge Iron & Steel's Days Inventory falls into.



Orissa Sponge Iron & Steel Days Inventory Calculation

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

Orissa Sponge Iron & Steel's Days Inventory for the fiscal year that ended in Mar. 2025 is calculated as

Days Inventory (A: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (522.428 + 1251.483) / 2 ) / 4205.276*365
=886.9555 / 4205.276*365
=76.98

Orissa Sponge Iron & Steel's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (522.428 + 1251.483) / 2 ) / 4205.276*365 / 2
=886.9555 / 4205.276*365 / 2
=38.49

* 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 76.98 mean?
Orissa Sponge Iron & Steel (BOM:504864) has a Days Inventory of 76.98 as of Mar. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Orissa Sponge Iron & Steel and its competitors. This is 91% below median its historical median of 829.60. Over the past decade, Orissa Sponge Iron & Steel's Days Inventory has ranged from 76.98 to 23,512.70.
Is Orissa Sponge Iron & Steel's Days Inventory too high?
Orissa Sponge Iron & Steel's current Days Inventory of 76.98 is 91% below median its 10-year median of 829.60. Over the past 10 years, this metric has ranged from a low of 76.98 to a high of 23,512.70. The Steel industry median Days Inventory is 86.72. Orissa Sponge Iron & Steel's value of 76.98 is 11.2% below this industry median.
How does Orissa Sponge Iron & Steel's Days Inventory compare to NUE?
Orissa Sponge Iron & Steel's Days Inventory of 76.98 can be compared against companies in the Steel industry. The industry median Days Inventory is 86.72. Orissa Sponge Iron & Steel's value of 76.98 is 11.2% below this benchmark. Historically, Orissa Sponge Iron & Steel's own Days Inventory has ranged from 76.98 to 23,512.70 over the past decade. While the company's 10-year median is 829.60 vs. the industry median of 86.72, Orissa Sponge Iron & Steel 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 Steel company?
The median Days Inventory among Steel companies is 86.72, based on 583 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. Orissa Sponge Iron & Steel's current Days Inventory of 76.98 is 11.2% 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 Orissa Sponge Iron & Steel and its competitors. For the Steel industry, the median Days Inventory is 86.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orissa Sponge Iron & Steel's current Days Inventory is 76.98, which is 91% below median its own 10-year median of 829.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orissa Sponge Iron & Steel stock overvalued right now?
Orissa Sponge Iron & Steel (BOM:504864) has a current Days Inventory of 76.98. The current Days Inventory is 76.98, which is 91% below median its 10-year median of 829.60 and 11.2% below the Steel industry median of 86.72. 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 Orissa Sponge Iron & Steel (BOM:504864), the current Days Inventory is 76.98 as of Mar. 2025. 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.

Orissa Sponge Iron & Steel Business Description

Address A 201, First Floor, Okhla Industrial Area, Phase I, New Delhi, IND, 110020
Orissa Sponge Iron & Steel Ltd is engaged in manufacturing and selling iron and steel. It mainly operates coal-based sponge iron plants, waste energy recovery-based power plants, and a billet-making plant. The Company's business activities falls within a single primary business segment which is Iron & Steel. The firm generates revenues through the sale of surplus power, and also involves in providing engineering and technical services. It operates a coal-based sponge iron plant, waste energy recovery-based power plants, and a billet-making plant.