Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Ankit Metal & Power's Days Inventory or its related term are showing as below:
BOM:532870's Days Inventory is not ranked *
in the Steel industry.
Industry Median: 86.57 * Ranked among companies with meaningful Days Inventory only.
Ankit Metal & Power's Days Inventory
declined
from Dec. 2022 (275.47) to Dec. 2023 (260.24).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ankit Metal & Power's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.35.
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.
Ankit Metal & Power's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 3.21.
Ankit Metal & Power (BOM:532870) 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.
Ankit Metal & Power's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Ankit Metal & Power's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Ankit Metal & Power Days Inventory Related Terms
Ankit Metal & Power Days Inventory Historical Data
* Premium members only.
The historical data trend for Ankit Metal & Power'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:532870 vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Ankit Metal & Power'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.
Ankit Metal & Power Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Ankit Metal & Power's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ankit Metal & Power'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.
Ankit Metal & Power (BOM:532870) has a Days Inventory of 260.24 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ankit Metal & Power and its competitors.
Is Ankit Metal & Power's Days Inventory too high?
Ankit Metal & Power's current Days Inventory is 260.24. The Steel industry median Days Inventory is 86.57. Ankit Metal & Power's value of 260.24 is 200.6% above this industry median. Overall, Ankit Metal & Power has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ankit Metal & Power's Days Inventory compare to NUE and STLD?
Ankit Metal & Power's Days Inventory of 260.24 can be compared against companies in the Steel industry. The industry median Days Inventory is 86.57. Ankit Metal & Power's value of 260.24 is 200.6% above this benchmark. 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. Ankit Metal & Power's current Days Inventory of 260.24 is 200.6% above 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 Ankit Metal & Power 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. Ankit Metal & Power's current Days Inventory is 260.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ankit Metal & Power stock overvalued right now?
Ankit Metal & Power (BOM:532870) has a current Days Inventory of 260.24. The current Days Inventory is 260.24 and 200.6% above the Steel industry median of 86.57. Ankit Metal & Power's overall GF Score™ is 4/100. 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 Ankit Metal & Power (BOM:532870), the current Days Inventory is 260.24 as of Dec. 2023. 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.
Ankit Metal & Power Ltd manufactures and sells iron and steel products. Its product portfolio includes Sponge Iron, M.S. Billets, Pig Iron, Ferro Silicon, and others.
4GF Score
Get the complete analysis for BOM:532870
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:532870 has been successfully added to your 
