Friedman IndustriesFRD -3.68%71 Days Inventory is 96.41 as of Mar. 2026, which is 5% below its 10-year median of 101.90. GuruFocus rates FRD with a GF Score™ of 71/100 and a GF Value™ of $22.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 583 Steel companies, Friedman Industries ranks worse than 55.23% on this metric.
The historical rank and industry rank for Friedman Industries's Days Inventory or its related term are showing as below:
FRD'
s Days Inventory Range Over the Past 10 Years
Min: 58.92 Med: 101.9 Max: 179.95
Current: 93.8
During the past 13 years, Friedman Industries's highest Days Inventory was 179.95. The lowest was 58.92. And the median was 101.90.
FRD's Days Inventory is ranked worse than 55.23% of 583
companies
in the Steel industry
Industry Median: 86.72
vs FRD: 93.80
Friedman Industries's Days Inventory
increased
from Mar. 2025 (93.38) to Mar. 2026 (96.41).
It might indicate that Friedman Industries's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Friedman Industries's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.95.
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.
Friedman Industries's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.89.
Friedman Industries (NAS:FRD) 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.
Friedman 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.
Friedman 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.
Friedman Industries Days Inventory Related Terms
Friedman Industries Days Inventory Historical Data
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The historical data trend for Friedman 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.
For the Steel subindustry, Friedman 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.
Friedman Industries Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Friedman Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Friedman Industries'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.
Friedman Industries (FRD) has a Days Inventory of 96.41 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Friedman Industries and its competitors. This is near median its historical median of 101.90. Over the past decade, Friedman Industries' Days Inventory has ranged from 58.92 to 179.95. According to the industry distribution chart, Friedman Industries ranks #322 out of 583 companies in the Steel industry, placing it in the top 55.2%.
Is Friedman Industries' Days Inventory too high?
Friedman Industries' current Days Inventory of 96.41 is near median its 10-year median of 101.90. Over the past 10 years, this metric has ranged from a low of 58.92 to a high of 179.95. The Steel industry median Days Inventory is 86.72. Friedman Industries' value of 96.41 is 11.2% above this industry median. Based on the distribution chart, Friedman Industries ranks #322 out of 583 companies in the Steel industry, which is below the industry midpoint. Overall, Friedman Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Friedman Industries' Days Inventory compare to INHD and MSB?
According to the Steel industry distribution chart, Friedman Industries ranks #322 out of 583 companies for Days Inventory. This places Friedman Industries in the lower half of its industry. The industry median Days Inventory is 86.72. Friedman Industries' value of 96.41 is 11.2% above this benchmark. Historically, Friedman Industries' own Days Inventory has ranged from 58.92 to 179.95 over the past decade. While the company's 10-year median is 101.90 vs. the industry median of 86.72, Friedman Industries 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 86.72, based on 583 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. Friedman Industries's current Days Inventory of 96.41 is 11.2% 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 Friedman Industries and its competitors. For the Steel industry, the median Days Inventory is 86.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Friedman Industries's current Days Inventory is 96.41, which is near median its own 10-year median of 101.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Friedman Industries stock overvalued right now?
Based on GuruFocus' analysis, Friedman Industries (FRD) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.21, compared to a current price of $32.87 — trading 48% above its estimated fair value. The current Days Inventory is 96.41, which is near median its 10-year median of 101.90 and 11.2% above the Steel industry median of 86.72. Friedman Industries' overall GF Score™ is 71/100 with 9 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 Friedman Industries (FRD), the current Days Inventory is 96.41 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 Friedman Industries (FRD) Overvalued in 2026?
Based on GuruFocus' analysis, Friedman Industries stock appears to be overvalued.
The current stock price of $32.87 is trading 48% above its estimated GF Value™ of $22.21.
GuruFocus considers Friedman Industries to be Significantly Overvalued.
Key valuation signals for FRD:
Days Inventory: 96.41 (near median its 10-year median of 101.90)
GF Value™: $22.21 vs. price of $32.87 (48% above fair value)
Industry Position: 11.2% above the Steel median (#322 of 583)
No single metric tells the full story. See the FRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Friedman Industries Inc is a manufacturer and processor of metals and operates in two reportable segments: flat-roll products and tubular products. The flat-roll product segment consists of flat-roll processing facilities located in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas and a flat-roll distribution facility located in Orlando, Florida. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD). Its products are flat-roll products and tubular products.
71GF Score
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