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Nova Iron & SteelBOM:513566 +5.39%56 Days Inventory is 22.36 as of Dec. 2025, which is 77% below its 10-year median of 97.66. GuruFocus rates BOM:513566 with a GF Score™ of 56/100 and a GF Value™ of ₹13.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 581 Steel companies, Nova Iron & Steel ranks better than 93.98% on this metric.
The historical rank and industry rank for Nova Iron & Steel's Days Inventory or its related term are showing as below:
BOM:513566'
s Days Inventory Range Over the Past 10 Years
Min: 20.61 Med: 97.66 Max: 3065.47
Current: 21.17
During the past 13 years, Nova Iron & Steel's highest Days Inventory was 3065.47. The lowest was 20.61. And the median was 97.66.
BOM:513566's Days Inventory is ranked better than 93.98% of 581
companies
in the Steel industry
Industry Median: 86.29
vs BOM:513566: 21.17
Nova Iron & Steel's Days Inventory
increased
from Dec. 2024 (15.68) to Dec. 2025 (22.36).
It might indicate that Nova Iron & Steel's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nova Iron & Steel's Inventory Turnover for the
three
months ended in Dec. 2025 was 4.08.
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.
Nova Iron & Steel's Inventory-to-Revenue for the
three
months ended in Dec. 2025 was 0.24.
Nova Iron & Steel (BOM:513566) 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.
Nova Iron & Steel's Inventory Turnover for the
three
months ended in Dec. 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.
Nova Iron & Steel's Inventory to Revenue for the
three
months ended in Dec. 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.
Nova Iron & Steel Days Inventory Related Terms
Nova Iron & Steel Days Inventory Historical Data
* Premium members only.
The historical data trend for Nova 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.
BOM:513566 vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Nova 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.
Nova Iron & Steel Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Nova Iron & Steel's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nova Iron & Steel's Days Inventory falls into.
* 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.
Nova Iron & Steel (BOM:513566) has a Days Inventory of 22.36 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nova Iron & Steel and its competitors. This is 77% below median its historical median of 97.66. Over the past decade, Nova Iron & Steel's Days Inventory has ranged from 20.61 to 3,065.47. According to the industry distribution chart, Nova Iron & Steel ranks #35 out of 581 companies in the Steel industry, placing it in the top 6%.
Is Nova Iron & Steel's Days Inventory too high?
Nova Iron & Steel's current Days Inventory of 22.36 is 77% below median its 10-year median of 97.66. Over the past 10 years, this metric has ranged from a low of 20.61 to a high of 3,065.47. The Steel industry median Days Inventory is 86.29. Nova Iron & Steel's value of 22.36 is 74.1% below this industry median. Based on the distribution chart, Nova Iron & Steel ranks #35 out of 581 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Nova Iron & Steel has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nova Iron & Steel's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Nova Iron & Steel ranks #35 out of 581 companies for Days Inventory. This places Nova Iron & Steel in the top 6% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.29. Nova Iron & Steel's value of 22.36 is 74.1% below this benchmark. Historically, Nova Iron & Steel's own Days Inventory has ranged from 20.61 to 3,065.47 over the past decade. While the company's 10-year median is 97.66 vs. the industry median of 86.29, Nova 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 86.29, based on 581 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. Nova Iron & Steel's current Days Inventory of 22.36 is 74.1% 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 Nova Iron & Steel and its competitors. For the Steel industry, the median Days Inventory is 86.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Iron & Steel's current Days Inventory is 22.36, which is 77% below median its own 10-year median of 97.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Nova Iron & Steel (BOM:513566) is currently considered Fairly Valued. The stock's GF Value™ is ₹13.11, compared to a current price of ₹12.72 — trading 3% below its estimated fair value. The current Days Inventory is 22.36, which is 77% below median its 10-year median of 97.66 and 74.1% below the Steel industry median of 86.29. Nova Iron & Steel's overall GF Score™ is 56/100 with 6 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 Nova Iron & Steel (BOM:513566), the current Days Inventory is 22.36 as of Dec. 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.
Is Nova Iron & Steel (BOM:513566) Overvalued in 2026?
Based on GuruFocus' analysis, Nova Iron & Steel stock appears to be undervalued.
The current stock price of ₹12.72 is trading 3% below its estimated GF Value™ of ₹13.11.
GuruFocus considers Nova Iron & Steel to be Fairly Valued.
Key valuation signals for BOM:513566:
Days Inventory: 22.36 (77% below median its 10-year median of 97.66)
GF Value™: ₹13.11 vs. price of ₹12.72 (3% below fair value)
Industry Position: 74.1% below the Steel median (#35 of 581)
No single metric tells the full story. See the BOM:513566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nova Iron & Steel Ltd is an Indian company engaged in the business of manufacturing and trading iron, steel, metals, securities, and natural resources.
56GF Score
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