Ashoka Metcast (NSE:ASHOKAMET) Days Inventory: 735.43 (As of Mar. 2026) — 238% Above Median


NSE:ASHOKAMET Ashoka Metcast Ltd NSE:ASHOKAMET
74 GF Score
Price ₹14.60
GF Value ₹16.16
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ashoka Metcast Days Inventory?

Ashoka Metcast NSE:ASHOKAMET -1.22% 74 Days Inventory is 735.43 as of Mar. 2026, which is 238% above its 10-year median of 217.84. GuruFocus rates NSE:ASHOKAMET with a GF Score™ of 74/100 and a GF Value™ of ₹16.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 581 Steel companies, Ashoka Metcast ranks worse than 99.14% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ashoka Metcast's Average Total Inventories for the three months ended in Mar. 2026 was ₹509.8 Mil. Ashoka Metcast's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹63.3 Mil. Hence, Ashoka Metcast's Days Inventory for the three months ended in Mar. 2026 was 735.43.

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

NSE:ASHOKAMET' s Days Inventory Range Over the Past 10 Years
Min: 72.98   Med: 217.84   Max: 1033.23
Current: 991.17

During the past 13 years, Ashoka Metcast's highest Days Inventory was 1033.23. The lowest was 72.98. And the median was 217.84.

NSE:ASHOKAMET's Days Inventory is ranked worse than
99.14% of 581 companies
in the Steel industry
Industry Median: 86.42 vs NSE:ASHOKAMET: 991.17

Ashoka Metcast's Days Inventory increased from Mar. 2025 (420.41) to Mar. 2026 (735.43). It might indicate that Ashoka Metcast's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ashoka Metcast's Inventory Turnover for the three months ended in Mar. 2026 was 0.12.

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. Ashoka Metcast's Inventory-to-Revenue for the three months ended in Mar. 2026 was 4.93.


Ashoka Metcast  (NSE:ASHOKAMET) 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.

Ashoka Metcast'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.

Ashoka Metcast'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.


Ashoka Metcast Days Inventory Related Terms


Ashoka Metcast Days Inventory Historical Data

* Premium members only.

The historical data trend for Ashoka Metcast'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.

Ashoka Metcast Days Inventory Chart

Ashoka Metcast 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 108.99 235.22 217.84 432.04 1,033.23

Ashoka Metcast Quarterly Data
Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 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 420.41 1,264.81 1,019.65 1,110.53 735.43

NSE:ASHOKAMET vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Ashoka Metcast'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.


Ashoka Metcast Days Inventory vs Steel Industry

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

* The bar in red indicates where Ashoka Metcast's Days Inventory falls into.


NSE:ASHOKAMET
74GF Score
Ashoka Metcast Ltd NSE:ASHOKAMET
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashoka Metcast Days Inventory Calculation

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

Ashoka Metcast'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
=( (398.877 + 509.829) / 2 ) / 160.506*365
=454.353 / 160.506*365
=1,033.23

Ashoka Metcast'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 + 509.829) / 1 ) / 63.258*365 / 4
=509.829 / 63.258*365 / 4
=735.43

* 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 735.43 mean?
Ashoka Metcast (NSE:ASHOKAMET) has a Days Inventory of 735.43 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ashoka Metcast and its competitors. This is 238% above median its historical median of 217.84. Over the past decade, Ashoka Metcast's Days Inventory has ranged from 72.98 to 1,033.23. According to the industry distribution chart, Ashoka Metcast ranks #576 out of 581 companies in the Steel industry, placing it in the top 99.1%.
Is Ashoka Metcast's Days Inventory too high?
Ashoka Metcast's current Days Inventory of 735.43 is 238% above median its 10-year median of 217.84. Over the past 10 years, this metric has ranged from a low of 72.98 to a high of 1,033.23. The Steel industry median Days Inventory is 86.42. Ashoka Metcast's value of 735.43 is 751% above this industry median. Based on the distribution chart, Ashoka Metcast ranks #576 out of 581 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ashoka Metcast has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Metcast's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Ashoka Metcast ranks #576 out of 581 companies for Days Inventory. This places Ashoka Metcast in the lower half of its industry. The industry median Days Inventory is 86.42. Ashoka Metcast's value of 735.43 is 751% above this benchmark. Historically, Ashoka Metcast's own Days Inventory has ranged from 72.98 to 1,033.23 over the past decade. While the company's 10-year median is 217.84 vs. the industry median of 86.42, Ashoka Metcast 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. Ashoka Metcast's current Days Inventory of 735.43 is 751% 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 Ashoka Metcast 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. Ashoka Metcast's current Days Inventory is 735.43, which is 238% above median its own 10-year median of 217.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Metcast stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Metcast (NSE:ASHOKAMET) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16.16, compared to a current price of ₹14.60 — trading 9.7% below its estimated fair value. The current Days Inventory is 735.43, which is 238% above median its 10-year median of 217.84 and 751% above the Steel industry median of 86.42. Ashoka Metcast's overall GF Score™ is 74/100 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 Ashoka Metcast (NSE:ASHOKAMET), the current Days Inventory is 735.43 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 Ashoka Metcast (NSE:ASHOKAMET) Overvalued in 2026?

Based on GuruFocus' analysis, Ashoka Metcast stock appears to be undervalued. The current stock price of ₹14.60 is trading 9.7% below its estimated GF Value™ of ₹16.16. GuruFocus considers Ashoka Metcast to be Modestly Undervalued.

Key valuation signals for NSE:ASHOKAMET:

  • Days Inventory: 735.43 (238% above median its 10-year median of 217.84)
  • GF Value™: ₹16.16 vs. price of ₹14.60 (9.7% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 751% above the Steel median (#576 of 581)

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


Ashoka Metcast Business Description

Other Exchanges 540923:India
Address Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Mithakhali, Ahmedabad, GJ, IND, 380006
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.
74GF Score

Get the complete analysis for NSE:ASHOKAMET

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

₹14.60
Price
₹16.16
GF Value