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The historical rank and industry rank for Newmalayalam Steel's Days Inventory or its related term are showing as below:
NSE:NMSTEEL's Days Inventory is not ranked *
in the Steel industry.
Industry Median: 86.29 * Ranked among companies with meaningful Days Inventory only.
Newmalayalam Steel's Days Inventory
increased
from Mar. 2024 (0.00) to Mar. 2025 (54.66).
It might indicate that Newmalayalam Steel's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Newmalayalam Steel's Inventory Turnover for the
six
months ended in Mar. 2025 was 3.34.
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.
Newmalayalam Steel's Inventory-to-Revenue for the
six
months ended in Mar. 2025 was 0.25.
Newmalayalam Steel (NSE:NMSTEEL) 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.
Newmalayalam Steel's Inventory Turnover for the
six
months ended in Mar. 2025 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.
Newmalayalam Steel's Inventory to Revenue for the
six
months ended in Mar. 2025 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.
Newmalayalam Steel Days Inventory Related Terms
Newmalayalam Steel Days Inventory Historical Data
* Premium members only.
The historical data trend for Newmalayalam 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.
Newmalayalam Steel Days Inventory Chart
Newmalayalam Steel Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Days Inventory
37.64
36.92
53.55
45.70
Newmalayalam Steel Semi-Annual Data
Mar22
Mar23
Mar24
Sep24
Mar25
Days Inventory
0.00
0.00
0.00
53.13
54.66
NSE:NMSTEEL vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Newmalayalam 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.
Newmalayalam Steel Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Newmalayalam Steel's Days Inventory distribution charts can be found below:
* The bar in red indicates where Newmalayalam Steel's Days Inventory falls into.
* 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.
Newmalayalam Steel (NSE:NMSTEEL) has a Days Inventory of 54.66 as of Mar. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Newmalayalam Steel and its competitors.
Is Newmalayalam Steel's Days Inventory too high?
Newmalayalam Steel's current Days Inventory is 54.66. The Steel industry median Days Inventory is 86.29. Newmalayalam Steel's value of 54.66 is 36.7% below this industry median. Overall, Newmalayalam Steel has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Newmalayalam Steel's Days Inventory compare to NUE and STLD?
Newmalayalam Steel's Days Inventory of 54.66 can be compared against companies in the Steel industry. The industry median Days Inventory is 86.29. Newmalayalam Steel's value of 54.66 is 36.7% below this benchmark. 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 86.29, based on 583 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. Newmalayalam Steel's current Days Inventory of 54.66 is 36.7% 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 Newmalayalam Steel and its competitors. For the Steel industry, the median Days Inventory is 86.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newmalayalam Steel's current Days Inventory is 54.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmalayalam Steel stock overvalued right now?
Newmalayalam Steel (NSE:NMSTEEL) has a current Days Inventory of 54.66. The current Days Inventory is 54.66 and 36.7% below the Steel industry median of 86.29. Newmalayalam Steel's overall GF Score™ is 13/100. 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 Newmalayalam Steel (NSE:NMSTEEL), the current Days Inventory is 54.66 as of Mar. 2025. 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.
Newmalayalam Steel Ltd is engaged in the manufacturing of galvanized pipes, tubes, and sheets. The Galvanized pipes and tubes are used for building roofs to reduce heat and avoid leakage, further, the galvanization process offers an added advantage of increasing the life of the product and enhancing its quality by making it rust-free. Its products are therefore manufactured to provide an effective solution to the continuous damage caused to houses in Kerala on account of inclement weather conditions.
13GF Score
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