Tata Steel (LSE:TTST) Days Inventory: 164.74 (As of Mar. 2026) — 18% Above Median


LSE:TTST Tata Steel Ltd LSE:TTST
78 GF Score
Price $20.30
GF Value $17.43
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Tata Steel Days Inventory?

Tata Steel LSE:TTST +1.00% 78 Days Inventory is 164.74 as of Mar. 2026, which is 18% above its 10-year median of 140.08. GuruFocus rates LSE:TTST with a GF Score™ of 78/100 and a GF Value™ of $17.43 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 581 Steel companies, Tata Steel ranks worse than 87.78% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Tata Steel's Average Total Inventories for the three months ended in Mar. 2026 was $5,091 Mil. Tata Steel's Cost of Goods Sold for the three months ended in Mar. 2026 was $2,820 Mil. Hence, Tata Steel's Days Inventory for the three months ended in Mar. 2026 was 164.74.

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

LSE:TTST' s Days Inventory Range Over the Past 10 Years
Min: 129.01   Med: 140.08   Max: 178.6
Current: 178.6

During the past 13 years, Tata Steel's highest Days Inventory was 178.60. The lowest was 129.01. And the median was 140.08.

LSE:TTST's Days Inventory is ranked worse than
87.78% of 581 companies
in the Steel industry
Industry Median: 86.42 vs LSE:TTST: 178.60

Tata Steel's Days Inventory increased from Mar. 2025 (77.06) to Mar. 2026 (164.74). It might indicate that Tata Steel's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tata Steel's Inventory Turnover for the three months ended in Mar. 2026 was 0.55.

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. Tata Steel's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.75.


Tata Steel  (LSE:TTST) 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.

Tata Steel'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.

Tata Steel'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.


Tata Steel Days Inventory Related Terms


Tata Steel Days Inventory Historical Data

* Premium members only.

The historical data trend for Tata 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.

Tata Steel Days Inventory Chart

Tata Steel 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 134.03 133.88 140.09 142.06 140.97

Tata Steel 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 77.06 196.25 170.31 188.97 164.74

LSE:TTST vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Tata 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.


Tata Steel Days Inventory vs Steel Industry

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

* The bar in red indicates where Tata Steel's Days Inventory falls into.


LSE:TTST
78GF Score
Tata Steel Ltd LSE:TTST
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Tata Steel Days Inventory Calculation

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

Tata Steel'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
=( (5153.631 + 5090.512) / 2 ) / 13261.675*365
=5122.0715 / 13261.675*365
=140.97

Tata Steel'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 + 5090.512) / 1 ) / 2819.62*365 / 4
=5090.512 / 2819.62*365 / 4
=164.74

* 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 164.74 mean?
Tata Steel (LSE:TTST) has a Days Inventory of 164.74 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tata Steel and its competitors. This is 18% above median its historical median of 140.08. Over the past decade, Tata Steel's Days Inventory has ranged from 129.01 to 178.60. According to the industry distribution chart, Tata Steel ranks #510 out of 581 companies in the Steel industry, placing it in the top 87.8%.
Is Tata Steel's Days Inventory too high?
Tata Steel's current Days Inventory of 164.74 is 18% above median its 10-year median of 140.08. Over the past 10 years, this metric has ranged from a low of 129.01 to a high of 178.60. The Steel industry median Days Inventory is 86.42. Tata Steel's value of 164.74 is 90.6% above this industry median. Based on the distribution chart, Tata Steel ranks #510 out of 581 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tata Steel has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tata Steel's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Tata Steel ranks #510 out of 581 companies for Days Inventory. This places Tata Steel in the lower half of its industry. The industry median Days Inventory is 86.42. Tata Steel's value of 164.74 is 90.6% above this benchmark. Historically, Tata Steel's own Days Inventory has ranged from 129.01 to 178.60 over the past decade. While the company's 10-year median is 140.08 vs. the industry median of 86.42, Tata Steel 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 86.42, 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. Tata Steel's current Days Inventory of 164.74 is 90.6% 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 Tata Steel and its competitors. For the Steel industry, the median Days Inventory is 86.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Steel's current Days Inventory is 164.74, which is 18% above median its own 10-year median of 140.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Steel stock overvalued right now?
Based on GuruFocus' analysis, Tata Steel (LSE:TTST) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.43, compared to a current price of $20.30 — trading 16.5% above its estimated fair value. The current Days Inventory is 164.74, which is 18% above median its 10-year median of 140.08 and 90.6% above the Steel industry median of 86.42. Tata Steel's overall GF Score™ is 78/100 with 5 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 Tata Steel (LSE:TTST), the current Days Inventory is 164.74 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 Tata Steel (LSE:TTST) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Steel stock appears to be overvalued. The current stock price of $20.30 is trading 16.5% above its estimated GF Value™ of $17.43. GuruFocus considers Tata Steel to be Modestly Overvalued.

Key valuation signals for LSE:TTST:

  • Days Inventory: 164.74 (18% above median its 10-year median of 140.08)
  • GF Value™: $17.43 vs. price of $20.30 (16.5% above fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 90.6% above the Steel median (#510 of 581)

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


Tata Steel Business Description

Address 24 Homi Mody Street, Bombay House, Fort, Mumbai, MH, IND, 400 001
Tata Steel Ltd is an India-based company that is engaged in the production and marketing of various steel products. Its products are basically classified into flat products and construction products. Flat products include hot-rolled steel, cold-rolled steel, metallic-coated steel, direct-coated steel, tubes, packaging steel, electro-plated steel, and narrow strips. Its segments include Tata Steel India, Neelachal Ispat Nigam Limited, Other Indian operations, Tata Steel Europe, Other trade related operations, South-East Asian operations, and Rest of the world. It generates the majority of its revenue from the Tata Steel India segment.
78GF Score

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

$20.30
Price
$17.43
GF Value