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Scan SteelsNSE:SCANSTL -2.69%40 Days Inventory is 78.41 as of Jun. 2026, which is 8% below its 10-year median of 85.27. GuruFocus rates NSE:SCANSTL with a GF Score™ of 40/100 and a GF Value™ of ₹39.02 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 584 Steel companies, Scan Steels ranks worse than 57.88% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Scan Steels's Average Total Inventories for the
three
months ended in Jun. 2026 was ₹1,681 Mil. Scan Steels's Cost of Goods Sold for the
three
months ended in Jun. 2026 was ₹1,956 Mil.
Hence, Scan Steels's Days Inventory for the
three
months ended in Jun. 2026 was 78.41.
The historical rank and industry rank for Scan Steels's Days Inventory or its related term are showing as below:
NSE:SCANSTL'
s Days Inventory Range Over the Past 10 Years
Min: 57.46 Med: 85.27 Max: 113.65
Current: 99.31
During the past 13 years, Scan Steels's highest Days Inventory was 113.65. The lowest was 57.46. And the median was 85.27.
NSE:SCANSTL's Days Inventory is ranked worse than 57.88% of 584
companies
in the Steel industry
Industry Median: 86.7
vs NSE:SCANSTL: 99.31
Scan Steels's Days Inventory
declined
from Jun. 2025 (94.29) to Jun. 2026 (78.41).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Scan Steels's Inventory Turnover for the
three
months ended in Jun. 2026 was 1.16.
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.
Scan Steels's Inventory-to-Revenue for the
three
months ended in Jun. 2026 was 0.65.
Scan Steels (NSE:SCANSTL) 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.
Scan Steels's Inventory Turnover for the
three
months ended in Jun. 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.
Scan Steels's Inventory to Revenue for the
three
months ended in Jun. 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.
Scan Steels Days Inventory Related Terms
Scan Steels Days Inventory Historical Data
* Premium members only.
The historical data trend for Scan Steels'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.
For the Steel subindustry, Scan Steels'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.
Scan Steels Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Scan Steels's Days Inventory distribution charts can be found below:
* The bar in red indicates where Scan Steels'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.
Scan Steels (NSE:SCANSTL) has a Days Inventory of 78.41 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Scan Steels and its competitors. This is near median its historical median of 85.27. Over the past decade, Scan Steels' Days Inventory has ranged from 57.46 to 113.65. According to the industry distribution chart, Scan Steels ranks #338 out of 584 companies in the Steel industry, placing it in the top 57.9%.
Is Scan Steels' Days Inventory too high?
Scan Steels' current Days Inventory of 78.41 is near median its 10-year median of 85.27. Over the past 10 years, this metric has ranged from a low of 57.46 to a high of 113.65. The Steel industry median Days Inventory is 86.70. Scan Steels' value of 78.41 is 9.6% below this industry median. Based on the distribution chart, Scan Steels ranks #338 out of 584 companies in the Steel industry, which is below the industry midpoint. Overall, Scan Steels has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scan Steels' Days Inventory compare to ?
According to the Steel industry distribution chart, Scan Steels ranks #338 out of 584 companies for Days Inventory. This places Scan Steels in the lower half of its industry. The industry median Days Inventory is 86.70. Scan Steels' value of 78.41 is 9.6% below this benchmark. Historically, Scan Steels' own Days Inventory has ranged from 57.46 to 113.65 over the past decade. While the company's 10-year median is 85.27 vs. the industry median of 86.70, Scan Steels 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 86.70, based on 584 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. Scan Steels's current Days Inventory of 78.41 is 9.6% 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 Scan Steels and its competitors. For the Steel industry, the median Days Inventory is 86.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scan Steels's current Days Inventory is 78.41, which is near median its own 10-year median of 85.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scan Steels stock overvalued right now?
Based on GuruFocus' analysis, Scan Steels (NSE:SCANSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹39.02, compared to a current price of ₹61.23 — trading 56.9% above its estimated fair value. The current Days Inventory is 78.41, which is near median its 10-year median of 85.27 and 9.6% below the Steel industry median of 86.70. Scan Steels' overall GF Score™ is 40/100 with 8 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 Scan Steels (NSE:SCANSTL), the current Days Inventory is 78.41 as of Jun. 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 Scan Steels (NSE:SCANSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Scan Steels stock appears to be overvalued.
The current stock price of ₹61.23 is trading 56.9% above its estimated GF Value™ of ₹39.02.
GuruFocus considers Scan Steels to be Significantly Overvalued.
Key valuation signals for NSE:SCANSTL:
Days Inventory: 78.41 (near median its 10-year median of 85.27)
GF Value™: ₹39.02 vs. price of ₹61.23 (56.9% above fair value)
Industry Position: 9.6% below the Steel median (#338 of 584)
No single metric tells the full story. See the NSE:SCANSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scan Steels Ltd is an Indian-based iron and steel company. It is engaged in the manufacturing of steel products and in the generation of power for captive consumption. The company operates through a single segment, which is Steel Manufacturing. Its products include Shrishtii TMT, MS Billets, Shrishtii Roofing, Shrishtii Structural, and Fly Ash Bricks.
40GF Score
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