Jindal Stainless (NSE:JSL) Days Inventory: 106.96 (As of Mar. 2026) — Near Median


NSE:JSL Jindal Stainless Ltd NSE:JSL
92 GF Score
Price ₹695.45
GF Value ₹786.70
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Jindal Stainless Days Inventory?

Jindal Stainless NSE:JSL -0.97% 92 Days Inventory is 106.96 as of Mar. 2026, which is 7% above its 10-year median of 100.31. GuruFocus rates NSE:JSL with a GF Score™ of 92/100 and a GF Value™ of ₹786.70 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 581 Steel companies, Jindal Stainless ranks worse than 66.27% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Jindal Stainless's Average Total Inventories for the three months ended in Mar. 2026 was ₹95,075 Mil. Jindal Stainless's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹81,111 Mil. Hence, Jindal Stainless's Days Inventory for the three months ended in Mar. 2026 was 106.96.

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

NSE:JSL' s Days Inventory Range Over the Past 10 Years
Min: 72.8   Med: 100.31   Max: 116.07
Current: 116.07

During the past 13 years, Jindal Stainless's highest Days Inventory was 116.07. The lowest was 72.80. And the median was 100.31.

NSE:JSL's Days Inventory is ranked worse than
66.27% of 581 companies
in the Steel industry
Industry Median: 86.42 vs NSE:JSL: 116.07

Jindal Stainless's Days Inventory declined from Mar. 2025 (118.14) to Mar. 2026 (106.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jindal Stainless's Inventory Turnover for the three months ended in Mar. 2026 was 0.85.

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 Stainless's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.84.


Jindal Stainless  (NSE:JSL) 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 Stainless'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 Stainless'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 Stainless Days Inventory Related Terms


Jindal Stainless Days Inventory Historical Data

* Premium members only.

The historical data trend for Jindal Stainless'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 Stainless Days Inventory Chart

Jindal Stainless 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 72.80 99.24 101.37 111.72 114.18

Jindal Stainless 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 118.14 121.77 117.71 122.54 106.96

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

For the Steel subindustry, Jindal Stainless'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 Stainless Days Inventory vs Steel Industry

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

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


NSE:JSL
92GF Score
Jindal Stainless Ltd NSE:JSL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Jindal Stainless Days Inventory Calculation

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

Jindal Stainless'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
=( (97002.8 + 95075.2) / 2 ) / 306995.7*365
=96039 / 306995.7*365
=114.18

Jindal Stainless'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 + 95075.2) / 1 ) / 81111.1*365 / 4
=95075.2 / 81111.1*365 / 4
=106.96

* 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 106.96 mean?
Jindal Stainless (NSE:JSL) has a Days Inventory of 106.96 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Jindal Stainless and its competitors. This is near median its historical median of 100.31. Over the past decade, Jindal Stainless' Days Inventory has ranged from 72.80 to 116.07. According to the industry distribution chart, Jindal Stainless ranks #385 out of 581 companies in the Steel industry, placing it in the top 66.3%.
Is Jindal Stainless' Days Inventory too high?
Jindal Stainless' current Days Inventory of 106.96 is near median its 10-year median of 100.31. Over the past 10 years, this metric has ranged from a low of 72.80 to a high of 116.07. The Steel industry median Days Inventory is 86.42. Jindal Stainless' value of 106.96 is 23.8% above this industry median. Based on the distribution chart, Jindal Stainless ranks #385 out of 581 companies in the Steel industry, which is below the industry midpoint. Overall, Jindal Stainless has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jindal Stainless' Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Jindal Stainless ranks #385 out of 581 companies for Days Inventory. This places Jindal Stainless in the lower half of its industry. The industry median Days Inventory is 86.42. Jindal Stainless' value of 106.96 is 23.8% above this benchmark. Historically, Jindal Stainless' own Days Inventory has ranged from 72.80 to 116.07 over the past decade. While the company's 10-year median is 100.31 vs. the industry median of 86.42, Jindal Stainless 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. Jindal Stainless's current Days Inventory of 106.96 is 23.8% 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 Stainless 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. Jindal Stainless's current Days Inventory is 106.96, which is near median its own 10-year median of 100.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Stainless stock overvalued right now?
Based on GuruFocus' analysis, Jindal Stainless (NSE:JSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹786.70, compared to a current price of ₹695.45 — trading 11.6% below its estimated fair value. The current Days Inventory is 106.96, which is near median its 10-year median of 100.31 and 23.8% above the Steel industry median of 86.42. Jindal Stainless' overall GF Score™ is 92/100 with 1 warning sign 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 Stainless (NSE:JSL), the current Days Inventory is 106.96 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 Stainless (NSE:JSL) Overvalued in 2026?

Based on GuruFocus' analysis, Jindal Stainless stock appears to be undervalued. The current stock price of ₹695.45 is trading 11.6% below its estimated GF Value™ of ₹786.70. GuruFocus considers Jindal Stainless to be Modestly Undervalued.

Key valuation signals for NSE:JSL:

  • Days Inventory: 106.96 (near median its 10-year median of 100.31)
  • GF Value™: ₹786.70 vs. price of ₹695.45 (11.6% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 23.8% above the Steel median (#385 of 581)

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


Jindal Stainless Business Description

Other Exchanges 532508:India
Address Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066
Jindal Stainless Ltd is an India-based stainless steel manufacturing company. It offers products such as ferroalloys, stainless steel slabs, and blooms, hot rolled and cold rolled coils, plates, razor blade steel, precision strips, and coin blanks. The firm has a distribution network through its service centers and warehouses in both the Indian and overseas markets. Jindal derives the majority of the revenue from the sale of steel products.
92GF Score

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

₹695.45
Price
₹786.70
GF Value