Tamilnadu Steel Tubes (BOM:513540) Days Inventory: 64.97 (As of Mar. 2026) — Near Median

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BOM:513540 Tamilnadu Steel Tubes Ltd BOM:513540
58 GF Score
Price ₹28.11
GF Value ₹21.47
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Tamilnadu Steel Tubes Days Inventory?

Tamilnadu Steel Tubes BOM:513540 58 Days Inventory is 64.97 as of Mar. 2026, which is 0% above its 10-year median of 64.76. GuruFocus rates BOM:513540 with a GF Score™ of 58/100 and a GF Value™ of ₹21.47 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 582 Steel companies, Tamilnadu Steel Tubes ranks better than 58.08% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Tamilnadu Steel Tubes's Average Total Inventories for the three months ended in Mar. 2026 was ₹161.1 Mil. Tamilnadu Steel Tubes's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹226.2 Mil. Hence, Tamilnadu Steel Tubes's Days Inventory for the three months ended in Mar. 2026 was 64.97.

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

BOM:513540' s Days Inventory Range Over the Past 10 Years
Min: 44.46   Med: 64.76   Max: 87.21
Current: 75.42

During the past 13 years, Tamilnadu Steel Tubes's highest Days Inventory was 87.21. The lowest was 44.46. And the median was 64.76.

BOM:513540's Days Inventory is ranked better than
58.08% of 582 companies
in the Steel industry
Industry Median: 86.57 vs BOM:513540: 75.42

Tamilnadu Steel Tubes's Days Inventory declined from Mar. 2025 (84.63) to Mar. 2026 (64.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tamilnadu Steel Tubes's Inventory Turnover for the three months ended in Mar. 2026 was 1.40.

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. Tamilnadu Steel Tubes's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.63.


Tamilnadu Steel Tubes  (BOM:513540) 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.

Tamilnadu Steel Tubes'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.

Tamilnadu Steel Tubes'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.


Tamilnadu Steel Tubes Days Inventory Related Terms


Tamilnadu Steel Tubes Days Inventory Historical Data

* Premium members only.

The historical data trend for Tamilnadu Steel Tubes'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.

Tamilnadu Steel Tubes Days Inventory Chart

Tamilnadu Steel Tubes 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 54.95 60.09 85.04 87.21 74.37

Tamilnadu Steel Tubes 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 84.63 68.35 81.17 95.27 64.97

BOM:513540 vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Tamilnadu Steel Tubes'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.


Tamilnadu Steel Tubes Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Tamilnadu Steel Tubes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tamilnadu Steel Tubes's Days Inventory falls into.


BOM:513540
58GF Score
Tamilnadu Steel Tubes Ltd BOM:513540
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tamilnadu Steel Tubes Days Inventory Calculation

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

Tamilnadu Steel Tubes'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
=( (168.81 + 161.059) / 2 ) / 809.486*365
=164.9345 / 809.486*365
=74.37

Tamilnadu Steel Tubes'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 + 161.059) / 1 ) / 226.216*365 / 4
=161.059 / 226.216*365 / 4
=64.97

* 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 64.97 mean?
Tamilnadu Steel Tubes (BOM:513540) has a Days Inventory of 64.97 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tamilnadu Steel Tubes and its competitors. This is near median its historical median of 64.76. Over the past decade, Tamilnadu Steel Tubes' Days Inventory has ranged from 44.46 to 87.21. According to the industry distribution chart, Tamilnadu Steel Tubes ranks #244 out of 582 companies in the Steel industry, placing it in the top 41.9%.
Is Tamilnadu Steel Tubes' Days Inventory too high?
Tamilnadu Steel Tubes' current Days Inventory of 64.97 is near median its 10-year median of 64.76. Over the past 10 years, this metric has ranged from a low of 44.46 to a high of 87.21. The Steel industry median Days Inventory is 86.57. Tamilnadu Steel Tubes' value of 64.97 is 25% below this industry median. Based on the distribution chart, Tamilnadu Steel Tubes ranks #244 out of 582 companies in the Steel industry, which is above the industry midpoint. Overall, Tamilnadu Steel Tubes has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tamilnadu Steel Tubes' Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Tamilnadu Steel Tubes ranks #244 out of 582 companies for Days Inventory. This puts Tamilnadu Steel Tubes in the upper half of its industry. The industry median Days Inventory is 86.57. Tamilnadu Steel Tubes' value of 64.97 is 25% below this benchmark. Historically, Tamilnadu Steel Tubes' own Days Inventory has ranged from 44.46 to 87.21 over the past decade. While the company's 10-year median is 64.76 vs. the industry median of 86.57, Tamilnadu Steel Tubes 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 86.57, based on 582 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. Tamilnadu Steel Tubes's current Days Inventory of 64.97 is 25% 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 Tamilnadu Steel Tubes and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamilnadu Steel Tubes's current Days Inventory is 64.97, which is near median its own 10-year median of 64.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamilnadu Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Tamilnadu Steel Tubes (BOM:513540) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹21.47, compared to a current price of ₹28.11 — trading 30.9% above its estimated fair value. The current Days Inventory is 64.97, which is near median its 10-year median of 64.76 and 25% below the Steel industry median of 86.57. Tamilnadu Steel Tubes' overall GF Score™ is 58/100 with 1 warning sign 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 Tamilnadu Steel Tubes (BOM:513540), the current Days Inventory is 64.97 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 Tamilnadu Steel Tubes (BOM:513540) Overvalued in 2026?

Based on GuruFocus' analysis, Tamilnadu Steel Tubes stock appears to be overvalued. The current stock price of ₹28.11 is trading 30.9% above its estimated GF Value™ of ₹21.47. GuruFocus considers Tamilnadu Steel Tubes to be Significantly Overvalued.

Key valuation signals for BOM:513540:

  • Days Inventory: 64.97 (near median its 10-year median of 64.76)
  • GF Value™: ₹21.47 vs. price of ₹28.11 (30.9% above fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 25% below the Steel median (#244 of 582)

No single metric tells the full story. See the BOM:513540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tamilnadu Steel Tubes Business Description

Address Wheatcrofts Road, No, 22, First Floor, Nungambakkam, Chennai, TN, IND, 600034
Tamilnadu Steel Tubes Ltd is an Indian company manufacturing and selling a brand of Black Pipe (ERW Pipe) and G.I.Pipes. It is a manufacturer of mild steel tubes, offering various products, including black and galvanized tubes, available in round, square, and rectangular shapes. Geographically, the company caters only to the domestic market.
58GF Score

Get the complete analysis for BOM:513540

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

₹28.11
Price
₹21.47
GF Value