Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) Days Inventory: 97.27 (As of Mar. 2026) — 53% Above Median

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NSE:SHKSIL Shri Hare-Krishna Sponge Iron Ltd NSE:SHKSIL
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What is Shri Hare-Krishna Sponge Iron Days Inventory?

Shri Hare-Krishna Sponge Iron NSE:SHKSIL +2.63% 20 Days Inventory is 97.27 as of Mar. 2026, which is 53% above its 10-year median of 63.45. GuruFocus rates NSE:SHKSIL with a GF Score™ of 20/100. The stock has 7 warning signs investors should review. Among 582 Steel companies, Shri Hare-Krishna Sponge Iron ranks better than 55.67% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shri Hare-Krishna Sponge Iron's Average Total Inventories for the six months ended in Mar. 2026 was ₹114.5 Mil. Shri Hare-Krishna Sponge Iron's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹214.8 Mil. Hence, Shri Hare-Krishna Sponge Iron's Days Inventory for the six months ended in Mar. 2026 was 97.27.

The historical rank and industry rank for Shri Hare-Krishna Sponge Iron's Days Inventory or its related term are showing as below:

NSE:SHKSIL' s Days Inventory Range Over the Past 10 Years
Min: 52.83   Med: 63.45   Max: 91.05
Current: 77.46

During the past 5 years, Shri Hare-Krishna Sponge Iron's highest Days Inventory was 91.05. The lowest was 52.83. And the median was 63.45.

NSE:SHKSIL's Days Inventory is ranked better than
55.67% of 582 companies
in the Steel industry
Industry Median: 86.57 vs NSE:SHKSIL: 77.46

Shri Hare-Krishna Sponge Iron's Days Inventory increased from Mar. 2025 (54.48) to Mar. 2026 (97.27). It might indicate that Shri Hare-Krishna Sponge Iron's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shri Hare-Krishna Sponge Iron's Inventory Turnover for the six months ended in Mar. 2026 was 1.88.

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. Shri Hare-Krishna Sponge Iron's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.42.


Shri Hare-Krishna Sponge Iron  (NSE:SHKSIL) 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.

Shri Hare-Krishna Sponge Iron's Inventory Turnover for the six 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.

Shri Hare-Krishna Sponge Iron's Inventory to Revenue for the six 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.


Shri Hare-Krishna Sponge Iron Days Inventory Related Terms


Shri Hare-Krishna Sponge Iron Days Inventory Historical Data

* Premium members only.

The historical data trend for Shri Hare-Krishna Sponge Iron'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.

Shri Hare-Krishna Sponge Iron Days Inventory Chart

Shri Hare-Krishna Sponge Iron Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
72.05 52.83 59.72 63.45 91.05

Shri Hare-Krishna Sponge Iron Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Inventory Get a 7-Day Free Trial 0.00 73.87 54.48 51.57 97.27

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

For the Steel subindustry, Shri Hare-Krishna Sponge Iron'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.


Shri Hare-Krishna Sponge Iron Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Shri Hare-Krishna Sponge Iron's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shri Hare-Krishna Sponge Iron's Days Inventory falls into.


NSE:SHKSIL
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Shri Hare-Krishna Sponge Iron Ltd NSE:SHKSIL
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Shri Hare-Krishna Sponge Iron Days Inventory Calculation

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

Shri Hare-Krishna Sponge Iron'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
=( (98.301 + 158.13) / 2 ) / 513.995*365
=128.2155 / 513.995*365
=91.05

Shri Hare-Krishna Sponge Iron'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (70.808 + 158.13) / 2 ) / 214.763*365 / 2
=114.469 / 214.763*365 / 2
=97.27

* 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 97.27 mean?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a Days Inventory of 97.27 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shri Hare-Krishna Sponge Iron and its competitors. This is 53% above median its historical median of 63.45. Over the past decade, Shri Hare-Krishna Sponge Iron's Days Inventory has ranged from 52.83 to 91.05. According to the industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #258 out of 582 companies in the Steel industry, placing it in the top 44.3%.
Is Shri Hare-Krishna Sponge Iron's Days Inventory too high?
Shri Hare-Krishna Sponge Iron's current Days Inventory of 97.27 is 53% above median its 10-year median of 63.45. Over the past 10 years, this metric has ranged from a low of 52.83 to a high of 91.05. The Steel industry median Days Inventory is 86.57. Shri Hare-Krishna Sponge Iron's value of 97.27 is 12.4% above this industry median. Based on the distribution chart, Shri Hare-Krishna Sponge Iron ranks #258 out of 582 companies in the Steel industry, which is above the industry midpoint. Overall, Shri Hare-Krishna Sponge Iron has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shri Hare-Krishna Sponge Iron's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #258 out of 582 companies for Days Inventory. This puts Shri Hare-Krishna Sponge Iron in the upper half of its industry. The industry median Days Inventory is 86.57. Shri Hare-Krishna Sponge Iron's value of 97.27 is 12.4% above this benchmark. Historically, Shri Hare-Krishna Sponge Iron's own Days Inventory has ranged from 52.83 to 91.05 over the past decade. While the company's 10-year median is 63.45 vs. the industry median of 86.57, Shri Hare-Krishna Sponge Iron 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. Shri Hare-Krishna Sponge Iron's current Days Inventory of 97.27 is 12.4% 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 Shri Hare-Krishna Sponge Iron 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. Shri Hare-Krishna Sponge Iron's current Days Inventory is 97.27, which is 53% above median its own 10-year median of 63.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Hare-Krishna Sponge Iron stock overvalued right now?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a current Days Inventory of 97.27. The current Days Inventory is 97.27, which is 53% above median its 10-year median of 63.45 and 12.4% above the Steel industry median of 86.57. Shri Hare-Krishna Sponge Iron's overall GF Score™ is 20/100 with 7 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 Shri Hare-Krishna Sponge Iron (NSE:SHKSIL), the current Days Inventory is 97.27 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.

Shri Hare-Krishna Sponge Iron Business Description

Address Phase-II, Plot No.106, Industrial Growth Centre, Siltara, Raipur, CT, IND, 493111
Shri Hare-Krishna Sponge Iron Ltd is engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through its sponge iron business, it caters to the metallic requirements of steel producers in selected geographies.
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