Riddhi Steel and Tube (BOM:540082) Days Inventory: 101.41 (As of Mar. 2026) — 56% Above Median

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BOM:540082 Riddhi Steel and Tube Ltd BOM:540082
50 GF Score
Price ₹196.40
GF Value ₹86.17
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Riddhi Steel and Tube Days Inventory?

Riddhi Steel and Tube BOM:540082 50 Days Inventory is 101.41 as of Mar. 2026, which is 56% above its 10-year median of 65.10. GuruFocus rates BOM:540082 with a GF Score™ of 50/100 and a GF Value™ of ₹86.17 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 581 Steel companies, Riddhi Steel and Tube ranks worse than 52.15% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Riddhi Steel and Tube's Average Total Inventories for the six months ended in Mar. 2026 was ₹1,062 Mil. Riddhi Steel and Tube's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹1,912 Mil. Hence, Riddhi Steel and Tube's Days Inventory for the six months ended in Mar. 2026 was 101.41.

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

BOM:540082' s Days Inventory Range Over the Past 10 Years
Min: 41.25   Med: 65.1   Max: 94.08
Current: 88.57

During the past 13 years, Riddhi Steel and Tube's highest Days Inventory was 94.08. The lowest was 41.25. And the median was 65.10.

BOM:540082's Days Inventory is ranked worse than
52.15% of 581 companies
in the Steel industry
Industry Median: 86.29 vs BOM:540082: 88.57

Riddhi Steel and Tube's Days Inventory increased from Mar. 2025 (72.46) to Mar. 2026 (101.41). It might indicate that Riddhi Steel and Tube's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Riddhi Steel and Tube's Inventory Turnover for the six months ended in Mar. 2026 was 1.80.

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. Riddhi Steel and Tube's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.50.


Riddhi Steel and Tube  (BOM:540082) 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.

Riddhi Steel and Tube's Inventory Turnover for the six 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.

Riddhi Steel and Tube's Inventory to Revenue for the six 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.


Riddhi Steel and Tube Days Inventory Related Terms


Riddhi Steel and Tube Days Inventory Historical Data

* Premium members only.

The historical data trend for Riddhi Steel and Tube'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.

Riddhi Steel and Tube Days Inventory Chart

Riddhi Steel and Tube 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 78.93 82.92 89.78 88.94 94.08

Riddhi Steel and Tube Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 88.55 110.05 72.46 72.58 101.41

BOM:540082 vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Riddhi Steel and Tube'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.


Riddhi Steel and Tube Days Inventory vs Steel Industry

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

* The bar in red indicates where Riddhi Steel and Tube's Days Inventory falls into.


BOM:540082
50GF Score
Riddhi Steel and Tube Ltd BOM:540082
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Riddhi Steel and Tube Days Inventory Calculation

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

Riddhi Steel and Tube'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
=( (906.614 + 1240.08) / 2 ) / 4164.457*365
=1073.347 / 4164.457*365
=94.08

Riddhi Steel and Tube'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (884.901 + 1240.08) / 2 ) / 1912.058*365 / 2
=1062.4905 / 1912.058*365 / 2
=101.41

* 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 101.41 mean?
Riddhi Steel and Tube (BOM:540082) has a Days Inventory of 101.41 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Riddhi Steel and Tube and its competitors. This is 56% above median its historical median of 65.10. Over the past decade, Riddhi Steel and Tube's Days Inventory has ranged from 41.25 to 94.08. According to the industry distribution chart, Riddhi Steel and Tube ranks #303 out of 581 companies in the Steel industry, placing it in the top 52.2%.
Is Riddhi Steel and Tube's Days Inventory too high?
Riddhi Steel and Tube's current Days Inventory of 101.41 is 56% above median its 10-year median of 65.10. Over the past 10 years, this metric has ranged from a low of 41.25 to a high of 94.08. The Steel industry median Days Inventory is 86.29. Riddhi Steel and Tube's value of 101.41 is 17.5% above this industry median. Based on the distribution chart, Riddhi Steel and Tube ranks #303 out of 581 companies in the Steel industry, which is below the industry midpoint. Overall, Riddhi Steel and Tube has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riddhi Steel and Tube's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Riddhi Steel and Tube ranks #303 out of 581 companies for Days Inventory. This places Riddhi Steel and Tube in the lower half of its industry. The industry median Days Inventory is 86.29. Riddhi Steel and Tube's value of 101.41 is 17.5% above this benchmark. Historically, Riddhi Steel and Tube's own Days Inventory has ranged from 41.25 to 94.08 over the past decade. While the company's 10-year median is 65.10 vs. the industry median of 86.29, Riddhi Steel and Tube has consistently been above 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. Riddhi Steel and Tube's current Days Inventory of 101.41 is 17.5% 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 Riddhi Steel and Tube 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. Riddhi Steel and Tube's current Days Inventory is 101.41, which is 56% above median its own 10-year median of 65.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riddhi Steel and Tube stock overvalued right now?
Based on GuruFocus' analysis, Riddhi Steel and Tube (BOM:540082) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹86.17, compared to a current price of ₹196.40 — trading 127.9% above its estimated fair value. The current Days Inventory is 101.41, which is 56% above median its 10-year median of 65.10 and 17.5% above the Steel industry median of 86.29. Riddhi Steel and Tube's overall GF Score™ is 50/100 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 Riddhi Steel and Tube (BOM:540082), the current Days Inventory is 101.41 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 Riddhi Steel and Tube (BOM:540082) Overvalued in 2026?

Based on GuruFocus' analysis, Riddhi Steel and Tube stock appears to be overvalued. The current stock price of ₹196.40 is trading 127.9% above its estimated GF Value™ of ₹86.17. GuruFocus considers Riddhi Steel and Tube to be Significantly Overvalued.

Key valuation signals for BOM:540082:

  • Days Inventory: 101.41 (56% above median its 10-year median of 65.10)
  • GF Value™: ₹86.17 vs. price of ₹196.40 (127.9% above fair value)
  • GF Score™: 50/100 with 1 warning sign
  • Industry Position: 17.5% above the Steel median (#303 of 581)

No single metric tells the full story. See the BOM:540082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riddhi Steel and Tube Business Description

Address Piplaj Pirana Road, 83/84, Opposite Devraj Industrial Park, Post- Aslali, Village - Kamod, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanised steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS Black Pipes, Pre-Galvanised Pipes, and Galvanised Pipes, which are used in agriculture, industry, and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Sections used in engineering applications, Pre-Galvanised Pipes used by various manufacturers. The company generates all of its revenue from Domestic sales.
50GF Score

Get the complete analysis for BOM:540082

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

₹196.40
Price
₹86.17
GF Value