Jindal Steel (NSE:JINDALSTEL) Days Inventory: 87.82 (As of Mar. 2026) — 30% Above Median

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NSE:JINDALSTEL Jindal Steel Ltd NSE:JINDALSTEL
78 GF Score
Price ₹1,035.80
GF Value ₹1,195.65
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Jindal Steel Days Inventory?

Jindal Steel NSE:JINDALSTEL -0.59% 78 Days Inventory is 87.82 as of Mar. 2026, which is 30% above its 10-year median of 67.56. GuruFocus rates NSE:JINDALSTEL with a GF Score™ of 78/100 and a GF Value™ of ₹1,195.65 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 582 Steel companies, Jindal Steel ranks worse than 59.97% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Jindal Steel's Average Total Inventories for the three months ended in Mar. 2026 was ₹80,228 Mil. Jindal Steel's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹83,364 Mil. Hence, Jindal Steel's Days Inventory for the three months ended in Mar. 2026 was 87.82.

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

NSE:JINDALSTEL' s Days Inventory Range Over the Past 10 Years
Min: 40.33   Med: 67.56   Max: 102.61
Current: 102.61

During the past 13 years, Jindal Steel's highest Days Inventory was 102.61. The lowest was 40.33. And the median was 67.56.

NSE:JINDALSTEL's Days Inventory is ranked worse than
59.97% of 582 companies
in the Steel industry
Industry Median: 86.57 vs NSE:JINDALSTEL: 102.61

Jindal Steel's Days Inventory increased from Mar. 2025 (79.84) to Mar. 2026 (87.82). It might indicate that Jindal Steel's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jindal Steel's Inventory Turnover for the three months ended in Mar. 2026 was 1.04.

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. Jindal Steel's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.49.


Jindal Steel  (NSE:JINDALSTEL) 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.

Jindal 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.

Jindal 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.


Jindal Steel Days Inventory Related Terms


Jindal Steel Days Inventory Historical Data

* Premium members only.

The historical data trend for Jindal 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.

Jindal Steel Days Inventory Chart

Jindal 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 48.61 40.33 68.40 98.28 97.59

Jindal 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 79.84 99.98 135.65 106.46 87.82

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

For the Steel subindustry, Jindal 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.


Jindal Steel Days Inventory vs Steel Industry

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

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


NSE:JINDALSTEL
78GF Score
Jindal Steel Ltd NSE:JINDALSTEL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Jindal Steel Days Inventory Calculation

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

Jindal 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
=( (56102.2 + 80227.7) / 2 ) / 254948.1*365
=68164.95 / 254948.1*365
=97.59

Jindal 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 + 80227.7) / 1 ) / 83364.3*365 / 4
=80227.7 / 83364.3*365 / 4
=87.82

* 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 87.82 mean?
Jindal Steel (NSE:JINDALSTEL) has a Days Inventory of 87.82 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Jindal Steel and its competitors. This is 30% above median its historical median of 67.56. Over the past decade, Jindal Steel's Days Inventory has ranged from 40.33 to 102.61. According to the industry distribution chart, Jindal Steel ranks #349 out of 582 companies in the Steel industry, placing it in the top 60%.
Is Jindal Steel's Days Inventory too high?
Jindal Steel's current Days Inventory of 87.82 is 30% above median its 10-year median of 67.56. Over the past 10 years, this metric has ranged from a low of 40.33 to a high of 102.61. The Steel industry median Days Inventory is 86.57. Jindal Steel's value of 87.82 is 1.4% above this industry median. Based on the distribution chart, Jindal Steel ranks #349 out of 582 companies in the Steel industry, which is below the industry midpoint. Overall, Jindal Steel has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jindal Steel's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Jindal Steel ranks #349 out of 582 companies for Days Inventory. This places Jindal Steel in the lower half of its industry. The industry median Days Inventory is 86.57. Jindal Steel's value of 87.82 is 1.4% above this benchmark. Historically, Jindal Steel's own Days Inventory has ranged from 40.33 to 102.61 over the past decade. While the company's 10-year median is 67.56 vs. the industry median of 86.57, Jindal 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 86.57, 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. Jindal Steel's current Days Inventory of 87.82 is 1.4% 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 Jindal Steel 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. Jindal Steel's current Days Inventory is 87.82, which is 30% above median its own 10-year median of 67.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Steel stock overvalued right now?
Based on GuruFocus' analysis, Jindal Steel (NSE:JINDALSTEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,195.65, compared to a current price of ₹1,035.80 — trading 13.4% below its estimated fair value. The current Days Inventory is 87.82, which is 30% above median its 10-year median of 67.56 and 1.4% above the Steel industry median of 86.57. Jindal Steel's overall GF Score™ is 78/100 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 Jindal Steel (NSE:JINDALSTEL), the current Days Inventory is 87.82 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 Jindal Steel (NSE:JINDALSTEL) Overvalued in 2026?

Based on GuruFocus' analysis, Jindal Steel stock appears to be undervalued. The current stock price of ₹1,035.80 is trading 13.4% below its estimated GF Value™ of ₹1,195.65. GuruFocus considers Jindal Steel to be Modestly Undervalued.

Key valuation signals for NSE:JINDALSTEL:

  • Days Inventory: 87.82 (30% above median its 10-year median of 67.56)
  • GF Value™: ₹1,195.65 vs. price of ₹1,035.80 (13.4% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 1.4% above the Steel median (#349 of 582)

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


Jindal Steel Business Description

Other Exchanges 532286:India
Address Bhikaiji Cama Place, Jindal Centre 12, New Delhi, IND, 110066
Jindal Steel Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors, with its presence in various countries. The iron and steel industry is the company's key revenue-generating business. It offers various kinds of steel products like rails, fabricated sections, plates and coils, round bars, speedfloors, wire rods, and others. The products find applications in railways, roads, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Geographically, the company generates a majority of its revenue from its customers within India.
78GF Score

Get the complete analysis for NSE:JINDALSTEL

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

₹1,035.80
Price
₹1,195.65
GF Value