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Inventory Turnover measures how fast the company turns over its inventory within a year.
Ratnamani Metals & Tubes's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.50.
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.
Ratnamani Metals & Tubes's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.18.
Ratnamani Metals & Tubes (NSE:RATNAMANI) 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.
Ratnamani Metals & Tubes'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.
Ratnamani Metals & Tubes'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.
Ratnamani Metals & Tubes Days Inventory Related Terms
Ratnamani Metals & Tubes Days Inventory Historical Data
* 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.
NSE:RATNAMANI vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Ratnamani Metals & Tubes'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.
Ratnamani Metals & Tubes Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Ratnamani Metals & Tubes's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ratnamani Metals & Tubes'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.
Ratnamani Metals & Tubes (NSE:RATNAMANI) has a Days Inventory of 181.11 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ratnamani Metals & Tubes and its competitors. This is 29% above median its historical median of 140.75. Over the past decade, Ratnamani Metals & Tubes' Days Inventory has ranged from 107.86 to 189.35. According to the industry distribution chart, Ratnamani Metals & Tubes ranks #515 out of 582 companies in the Steel industry, placing it in the top 88.5%.
Is Ratnamani Metals & Tubes' Days Inventory too high?
Ratnamani Metals & Tubes' current Days Inventory of 181.11 is 29% above median its 10-year median of 140.75. Over the past 10 years, this metric has ranged from a low of 107.86 to a high of 189.35. The Steel industry median Days Inventory is 86.57. Ratnamani Metals & Tubes' value of 181.11 is 109.2% above this industry median. Based on the distribution chart, Ratnamani Metals & Tubes ranks #515 out of 582 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ratnamani Metals & Tubes has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ratnamani Metals & Tubes' Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Ratnamani Metals & Tubes ranks #515 out of 582 companies for Days Inventory. This places Ratnamani Metals & Tubes in the lower half of its industry. The industry median Days Inventory is 86.57. Ratnamani Metals & Tubes' value of 181.11 is 109.2% above this benchmark. Historically, Ratnamani Metals & Tubes' own Days Inventory has ranged from 107.86 to 189.35 over the past decade. While the company's 10-year median is 140.75 vs. the industry median of 86.57, Ratnamani Metals & Tubes 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. Ratnamani Metals & Tubes's current Days Inventory of 181.11 is 109.2% 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 Ratnamani Metals & Tubes 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. Ratnamani Metals & Tubes's current Days Inventory is 181.11, which is 29% above median its own 10-year median of 140.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnamani Metals & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Ratnamani Metals & Tubes (NSE:RATNAMANI) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,667.44, compared to a current price of ₹2,582.80 — trading 3.2% below its estimated fair value. The current Days Inventory is 181.11, which is 29% above median its 10-year median of 140.75 and 109.2% above the Steel industry median of 86.57. Ratnamani Metals & Tubes' overall GF Score™ is 97/100 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 Ratnamani Metals & Tubes (NSE:RATNAMANI), the current Days Inventory is 181.11 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 Ratnamani Metals & Tubes (NSE:RATNAMANI) Overvalued in 2026?
Based on GuruFocus' analysis, Ratnamani Metals & Tubes stock appears to be undervalued.
The current stock price of ₹2,582.80 is trading 3.2% below its estimated GF Value™ of ₹2,667.44.
GuruFocus considers Ratnamani Metals & Tubes to be Fairly Valued.
Key valuation signals for NSE:RATNAMANI:
Days Inventory: 181.11 (29% above median its 10-year median of 140.75)
GF Value™: ₹2,667.44 vs. price of ₹2,582.80 (3.2% below fair value)
Industry Position: 109.2% above the Steel median (#515 of 582)
No single metric tells the full story. See the NSE:RATNAMANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressThe First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.
97GF Score
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