Grand Foundry (NSE:GFSTEELS) Days Inventory: 8.43 (As of Mar. 2026) — 75% Below Median

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NSE:GFSTEELS Grand Foundry Ltd NSE:GFSTEELS
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What is Grand Foundry Days Inventory?

Grand Foundry NSE:GFSTEELS 15 Days Inventory is 8.43 as of Mar. 2026, which is 75% below its 10-year median of 33.71. GuruFocus rates NSE:GFSTEELS with a GF Score™ of 15/100. The stock has 4 warning signs investors should review. Among 582 Steel companies, Grand Foundry ranks better than 88.66% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Grand Foundry's Average Total Inventories for the three months ended in Mar. 2026 was ₹8.5 Mil. Grand Foundry's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹91.5 Mil. Hence, Grand Foundry's Days Inventory for the three months ended in Mar. 2026 was 8.43.

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

NSE:GFSTEELS' s Days Inventory Range Over the Past 10 Years
Min: 4.3   Med: 33.71   Max: 1435.48
Current: 33.71

During the past 13 years, Grand Foundry's highest Days Inventory was 1435.48. The lowest was 4.30. And the median was 33.71.

NSE:GFSTEELS's Days Inventory is ranked better than
88.66% of 582 companies
in the Steel industry
Industry Median: 86.57 vs NSE:GFSTEELS: 33.71

Grand Foundry's Days Inventory increased from Mar. 2025 (0.00) to Mar. 2026 (8.43). It might indicate that Grand Foundry's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grand Foundry's Inventory Turnover for the three months ended in Mar. 2026 was 10.83.

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. Grand Foundry's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.08.


Grand Foundry  (NSE:GFSTEELS) 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.

Grand Foundry'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.

Grand Foundry'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.


Grand Foundry Days Inventory Related Terms


Grand Foundry Days Inventory Historical Data

* Premium members only.

The historical data trend for Grand Foundry'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.

Grand Foundry Days Inventory Chart

Grand Foundry 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 0.00 0.00 0.00 0.00 33.71

Grand Foundry 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 0.00 0.00 0.00 0.00 8.43

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

For the Steel subindustry, Grand Foundry'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.


Grand Foundry Days Inventory vs Steel Industry

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

* The bar in red indicates where Grand Foundry's Days Inventory falls into.


NSE:GFSTEELS
15GF Score
Grand Foundry Ltd NSE:GFSTEELS
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Grand Foundry Days Inventory Calculation

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

Grand Foundry'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
=( (0 + 8.456) / 1 ) / 91.547*365
=8.456 / 91.547*365
=33.71

Grand Foundry'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 + 8.456) / 1 ) / 91.547*365 / 4
=8.456 / 91.547*365 / 4
=8.43

* 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 8.43 mean?
Grand Foundry (NSE:GFSTEELS) has a Days Inventory of 8.43 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Grand Foundry and its competitors. This is 75% below median its historical median of 33.71. Over the past decade, Grand Foundry's Days Inventory has ranged from 4.30 to 1,435.48. According to the industry distribution chart, Grand Foundry ranks #66 out of 582 companies in the Steel industry, placing it in the top 11.3%.
Is Grand Foundry's Days Inventory too high?
Grand Foundry's current Days Inventory of 8.43 is 75% below median its 10-year median of 33.71. Over the past 10 years, this metric has ranged from a low of 4.30 to a high of 1,435.48. The Steel industry median Days Inventory is 86.57. Grand Foundry's value of 8.43 is 90.3% below this industry median. Based on the distribution chart, Grand Foundry ranks #66 out of 582 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Grand Foundry has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Grand Foundry's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Grand Foundry ranks #66 out of 582 companies for Days Inventory. This places Grand Foundry in the top 11% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.57. Grand Foundry's value of 8.43 is 90.3% below this benchmark. Historically, Grand Foundry's own Days Inventory has ranged from 4.30 to 1,435.48 over the past decade. While the company's 10-year median is 33.71 vs. the industry median of 86.57, Grand Foundry 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. Grand Foundry's current Days Inventory of 8.43 is 90.3% 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 Grand Foundry 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. Grand Foundry's current Days Inventory is 8.43, which is 75% below median its own 10-year median of 33.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Foundry stock overvalued right now?
Grand Foundry (NSE:GFSTEELS) has a current Days Inventory of 8.43. The current Days Inventory is 8.43, which is 75% below median its 10-year median of 33.71 and 90.3% below the Steel industry median of 86.57. Grand Foundry's overall GF Score™ is 15/100 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 Grand Foundry (NSE:GFSTEELS), the current Days Inventory is 8.43 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.

Grand Foundry Business Description

Other Exchanges 513343:India
Address Sanjay Appa Chambers, 302, Cabin No.1, Plot No. 82 Behind Charat Singh Colony, Chakala Midc, Andheri East, Mumbai, MH, IND, 400093
Grand Foundry Ltd is engaged in the manufacturing of bright steel bars and wires. The company offers various heat treatment processes and supplies commercial lots of heat-treated bars to specific standards in the international market American, and German standards. Its products are utilized for various applications in the engineering industries, including petrochemical, oil and natural gas, and automotive industries.
15GF Score

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