National General Industries (BOM:531651) Days Inventory: 54.10 (As of Mar. 2026) — Near Median

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BOM:531651 National General Industries Ltd BOM:531651
57 GF Score
Price ₹61.68
GF Value ₹53.27
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is National General Industries Days Inventory?

National General Industries BOM:531651 +2.48% 57 Days Inventory is 54.10 as of Mar. 2026, which is 6% below its 10-year median of 57.68. GuruFocus rates BOM:531651 with a GF Score™ of 57/100 and a GF Value™ of ₹53.27 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 582 Steel companies, National General Industries ranks better than 74.23% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). National General Industries's Average Total Inventories for the three months ended in Mar. 2026 was ₹10.97 Mil. National General Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹18.50 Mil. Hence, National General Industries's Days Inventory for the three months ended in Mar. 2026 was 54.10.

The historical rank and industry rank for National General Industries's Days Inventory or its related term are showing as below:

BOM:531651' s Days Inventory Range Over the Past 10 Years
Min: 49.05   Med: 57.68   Max: 77.01
Current: 56.33

During the past 13 years, National General Industries's highest Days Inventory was 77.01. The lowest was 49.05. And the median was 57.68.

BOM:531651's Days Inventory is ranked better than
74.23% of 582 companies
in the Steel industry
Industry Median: 86.15 vs BOM:531651: 56.33

National General Industries's Days Inventory increased from Mar. 2025 (47.24) to Mar. 2026 (54.10). It might indicate that National General Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. National General Industries's Inventory Turnover for the three months ended in Mar. 2026 was 1.69.

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. National General Industries's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.44.


National General Industries  (BOM:531651) 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.

National General Industries'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.

National General Industries'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.


National General Industries Days Inventory Related Terms


National General Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for National General Industries'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.

National General Industries Days Inventory Chart

National General Industries 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 60.61 71.02 49.05 52.18 56.19

National General Industries 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 47.24 69.75 58.69 48.65 54.10

BOM:531651 vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, National General Industries'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.


National General Industries Days Inventory vs Steel Industry

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

* The bar in red indicates where National General Industries's Days Inventory falls into.


BOM:531651
57GF Score
National General Industries Ltd BOM:531651
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National General Industries Days Inventory Calculation

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

National General Industries'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
=( (8.644 + 10.968) / 2 ) / 63.699*365
=9.806 / 63.699*365
=56.19

National General Industries'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 + 10.968) / 1 ) / 18.5*365 / 4
=10.968 / 18.5*365 / 4
=54.10

* 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 54.10 mean?
National General Industries (BOM:531651) has a Days Inventory of 54.10 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on National General Industries and its competitors. This is near median its historical median of 57.68. Over the past decade, National General Industries' Days Inventory has ranged from 49.05 to 77.01. According to the industry distribution chart, National General Industries ranks #150 out of 582 companies in the Steel industry, placing it in the top 25.8%.
Is National General Industries' Days Inventory too high?
National General Industries' current Days Inventory of 54.10 is near median its 10-year median of 57.68. Over the past 10 years, this metric has ranged from a low of 49.05 to a high of 77.01. The Steel industry median Days Inventory is 86.15. National General Industries' value of 54.10 is 37.2% below this industry median. Based on the distribution chart, National General Industries ranks #150 out of 582 companies in the Steel industry, which is above the industry midpoint. Overall, National General Industries has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National General Industries' Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, National General Industries ranks #150 out of 582 companies for Days Inventory. This puts National General Industries in the upper half of its industry. The industry median Days Inventory is 86.15. National General Industries' value of 54.10 is 37.2% below this benchmark. Historically, National General Industries' own Days Inventory has ranged from 49.05 to 77.01 over the past decade. While the company's 10-year median is 57.68 vs. the industry median of 86.15, National General Industries 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 86.15, 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. National General Industries's current Days Inventory of 54.10 is 37.2% 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 National General Industries and its competitors. For the Steel industry, the median Days Inventory is 86.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National General Industries's current Days Inventory is 54.10, which is near median its own 10-year median of 57.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National General Industries stock overvalued right now?
Based on GuruFocus' analysis, National General Industries (BOM:531651) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹53.27, compared to a current price of ₹61.68 — trading 15.8% above its estimated fair value. The current Days Inventory is 54.10, which is near median its 10-year median of 57.68 and 37.2% below the Steel industry median of 86.15. National General Industries' overall GF Score™ is 57/100 with 4 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 National General Industries (BOM:531651), the current Days Inventory is 54.10 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 National General Industries (BOM:531651) Overvalued in 2026?

Based on GuruFocus' analysis, National General Industries stock appears to be overvalued. The current stock price of ₹61.68 is trading 15.8% above its estimated GF Value™ of ₹53.27. GuruFocus considers National General Industries to be Modestly Overvalued.

Key valuation signals for BOM:531651:

  • Days Inventory: 54.10 (near median its 10-year median of 57.68)
  • GF Value™: ₹53.27 vs. price of ₹61.68 (15.8% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 37.2% below the Steel median (#150 of 582)

No single metric tells the full story. See the BOM:531651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National General Industries Business Description

Address K-185/1, Sarai Julena, 3rd Floor, Surya Plaza, New Friends Colony, New Delhi, IND, 110 025
National General Industries Ltd is active in the steel industry, engaged in the production and sale of steel through its rolling unit located in Ghaziabad, Uttar Pradesh. It manufactures hot-rolled steel rounds, steel squares, and steel flats. The company operates in two segments: steel manufacturing and investments, with the majority of its revenue generated from steel manufacturing.
57GF Score

Get the complete analysis for BOM:531651

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

₹61.68
Price
₹53.27
GF Value