Chaman Metallics (NSE:CMNL) Days Inventory: 43.60 (As of Mar. 2026) — Near Median

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NSE:CMNL Chaman Metallics Ltd NSE:CMNL
61 GF Score
Price ₹96.10
GF Value ₹346.41
Valuation Possible Value Trap
! 8 Warning Signs
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What is Chaman Metallics Days Inventory?

Chaman Metallics NSE:CMNL -1.94% 61 Days Inventory is 43.60 as of Mar. 2026, which is 8% below its 10-year median of 47.30. GuruFocus rates NSE:CMNL with a GF Score™ of 61/100 and a GF Value™ of ₹346.41 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 582 Steel companies, Chaman Metallics ranks worse than 50.34% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Chaman Metallics's Average Total Inventories for the six months ended in Mar. 2026 was ₹667 Mil. Chaman Metallics's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹2,793 Mil. Hence, Chaman Metallics's Days Inventory for the six months ended in Mar. 2026 was 43.60.

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

NSE:CMNL' s Days Inventory Range Over the Past 10 Years
Min: 32.81   Med: 47.3   Max: 107.72
Current: 87.2

During the past 7 years, Chaman Metallics's highest Days Inventory was 107.72. The lowest was 32.81. And the median was 47.30.

NSE:CMNL's Days Inventory is ranked worse than
50.34% of 582 companies
in the Steel industry
Industry Median: 86.57 vs NSE:CMNL: 87.20

Chaman Metallics's Days Inventory increased from Mar. 2024 (0.00) to Mar. 2026 (43.60). It might indicate that Chaman Metallics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chaman Metallics's Inventory Turnover for the six months ended in Mar. 2026 was 4.19.

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. Chaman Metallics's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.19.


Chaman Metallics  (NSE:CMNL) 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.

Chaman Metallics'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.

Chaman Metallics'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.


Chaman Metallics Days Inventory Related Terms


Chaman Metallics Days Inventory Historical Data

* Premium members only.

The historical data trend for Chaman Metallics'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.

Chaman Metallics Days Inventory Chart

Chaman Metallics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 38.89 32.81 33.69 69.58 55.85

Chaman Metallics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24 Mar25 Mar26
Days Inventory Get a 7-Day Free Trial 38.19 37.14 0.00 71.42 43.60

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

For the Steel subindustry, Chaman Metallics'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.


Chaman Metallics Days Inventory vs Steel Industry

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

* The bar in red indicates where Chaman Metallics's Days Inventory falls into.


NSE:CMNL
61GF Score
Chaman Metallics Ltd NSE:CMNL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chaman Metallics Days Inventory Calculation

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

Chaman Metallics'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
=( (364.092 + 970.342) / 2 ) / 4360.843*365
=667.217 / 4360.843*365
=55.85

Chaman Metallics'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: Mar. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (364.092 + 970.342) / 2 ) / 2792.768*365 / 2
=667.217 / 2792.768*365 / 2
=43.60

* 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 43.60 mean?
Chaman Metallics (NSE:CMNL) has a Days Inventory of 43.60 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Chaman Metallics and its competitors. This is near median its historical median of 47.30. Over the past decade, Chaman Metallics' Days Inventory has ranged from 32.81 to 107.72. According to the industry distribution chart, Chaman Metallics ranks #293 out of 582 companies in the Steel industry, placing it in the top 50.3%.
Is Chaman Metallics' Days Inventory too high?
Chaman Metallics' current Days Inventory of 43.60 is near median its 10-year median of 47.30. Over the past 10 years, this metric has ranged from a low of 32.81 to a high of 107.72. The Steel industry median Days Inventory is 86.57. Chaman Metallics' value of 43.60 is 49.6% below this industry median. Based on the distribution chart, Chaman Metallics ranks #293 out of 582 companies in the Steel industry, which is below the industry midpoint. Overall, Chaman Metallics has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chaman Metallics' Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Chaman Metallics ranks #293 out of 582 companies for Days Inventory. This places Chaman Metallics in the lower half of its industry. The industry median Days Inventory is 86.57. Chaman Metallics' value of 43.60 is 49.6% below this benchmark. Historically, Chaman Metallics' own Days Inventory has ranged from 32.81 to 107.72 over the past decade. While the company's 10-year median is 47.30 vs. the industry median of 86.57, Chaman Metallics has consistently been below 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 86.57, 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. Chaman Metallics's current Days Inventory of 43.60 is 49.6% below 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 Chaman Metallics 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. Chaman Metallics's current Days Inventory is 43.60, which is near median its own 10-year median of 47.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaman Metallics stock overvalued right now?
Based on GuruFocus' analysis, Chaman Metallics (NSE:CMNL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹346.41, compared to a current price of ₹96.10 — trading 72.3% below its estimated fair value. The current Days Inventory is 43.60, which is near median its 10-year median of 47.30 and 49.6% below the Steel industry median of 86.57. Chaman Metallics' overall GF Score™ is 61/100 with 8 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 Chaman Metallics (NSE:CMNL), the current Days Inventory is 43.60 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 Chaman Metallics (NSE:CMNL) Overvalued in 2026?

Based on GuruFocus' analysis, Chaman Metallics stock appears to be undervalued. The current stock price of ₹96.10 is trading 72.3% below its estimated GF Value™ of ₹346.41. GuruFocus considers Chaman Metallics to be Possible Value Trap.

Key valuation signals for NSE:CMNL:

  • Days Inventory: 43.60 (near median its 10-year median of 47.30)
  • GF Value™: ₹346.41 vs. price of ₹96.10 (72.3% below fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 49.6% below the Steel median (#293 of 582)

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


Chaman Metallics Business Description

Address Samta Colony, Agrawal Complex, Opp. Pandey Nursing Home, Raipur, CT, IND, 492001
Chaman Metallics Ltd is engaged in the business of selling Iron and Steel. The company is engaged in manufacturing and selling Direct Reduced Iron (i.e., sponge iron), which is used as a raw material for making steel in electric arc furnaces and induction furnaces.
61GF Score

Get the complete analysis for NSE:CMNL

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

₹96.10
Price
₹346.41
GF Value