Shri Kanha Stainless (NSE:SHRIKANHA) Days Inventory: 85.71 (As of Mar. 2026) — 95% Above Median

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NSE:SHRIKANHA Shri Kanha Stainless Ltd NSE:SHRIKANHA
13 GF Score
Price ₹22.00
! 6 Warning Signs
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What is Shri Kanha Stainless Days Inventory?

Shri Kanha Stainless NSE:SHRIKANHA -2.87% 13 Days Inventory is 85.71 as of Mar. 2026, which is 95% above its 10-year median of 43.85. GuruFocus rates NSE:SHRIKANHA with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 582 Steel companies, Shri Kanha Stainless ranks better than 63.06% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shri Kanha Stainless's Average Total Inventories for the six months ended in Mar. 2026 was ₹382 Mil. Shri Kanha Stainless's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹814 Mil. Hence, Shri Kanha Stainless's Days Inventory for the six months ended in Mar. 2026 was 85.71.

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

NSE:SHRIKANHA' s Days Inventory Range Over the Past 10 Years
Min: 34.46   Med: 43.85   Max: 74.94
Current: 69.18

During the past 4 years, Shri Kanha Stainless's highest Days Inventory was 74.94. The lowest was 34.46. And the median was 43.85.

NSE:SHRIKANHA's Days Inventory is ranked better than
63.06% of 582 companies
in the Steel industry
Industry Median: 86.15 vs NSE:SHRIKANHA: 69.18

Shri Kanha Stainless's Days Inventory increased from Mar. 2025 (41.92) to Mar. 2026 (85.71). It might indicate that Shri Kanha Stainless'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 Kanha Stainless's Inventory Turnover for the six months ended in Mar. 2026 was 2.13.

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 Kanha Stainless's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.40.


Shri Kanha Stainless  (NSE:SHRIKANHA) 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 Kanha Stainless'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 Kanha Stainless'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 Kanha Stainless Days Inventory Related Terms


Shri Kanha Stainless Days Inventory Historical Data

* Premium members only.

The historical data trend for Shri Kanha 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.

Shri Kanha Stainless Days Inventory Chart

Shri Kanha Stainless Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Days Inventory
38.79 34.46 48.91 74.94

Shri Kanha Stainless Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Days Inventory 0.00 0.00 41.92 50.06 85.71

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

For the Steel subindustry, Shri Kanha 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.


Shri Kanha Stainless Days Inventory vs Steel Industry

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

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


NSE:SHRIKANHA
13GF Score
Shri Kanha Stainless Ltd NSE:SHRIKANHA
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Kanha Stainless Days Inventory Calculation

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

Shri Kanha 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
=( (252.013 + 482.201) / 2 ) / 1787.931*365
=367.107 / 1787.931*365
=74.94

Shri Kanha 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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (282.35 + 482.201) / 2 ) / 813.954*365 / 2
=382.2755 / 813.954*365 / 2
=85.71

* 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 85.71 mean?
Shri Kanha Stainless (NSE:SHRIKANHA) has a Days Inventory of 85.71 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shri Kanha Stainless and its competitors. This is 95% above median its historical median of 43.85. Over the past decade, Shri Kanha Stainless' Days Inventory has ranged from 34.46 to 74.94. According to the industry distribution chart, Shri Kanha Stainless ranks #215 out of 582 companies in the Steel industry, placing it in the top 36.9%.
Is Shri Kanha Stainless' Days Inventory too high?
Shri Kanha Stainless' current Days Inventory of 85.71 is 95% above median its 10-year median of 43.85. Over the past 10 years, this metric has ranged from a low of 34.46 to a high of 74.94. The Steel industry median Days Inventory is 86.15. Shri Kanha Stainless' value of 85.71 is 0.5% below this industry median. Based on the distribution chart, Shri Kanha Stainless ranks #215 out of 582 companies in the Steel industry, which is above the industry midpoint. Overall, Shri Kanha Stainless has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Shri Kanha Stainless' Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Kanha Stainless ranks #215 out of 582 companies for Days Inventory. This puts Shri Kanha Stainless in the upper half of its industry. The industry median Days Inventory is 86.15. Shri Kanha Stainless' value of 85.71 is 0.5% below this benchmark. Historically, Shri Kanha Stainless' own Days Inventory has ranged from 34.46 to 74.94 over the past decade. While the company's 10-year median is 43.85 vs. the industry median of 86.15, Shri Kanha Stainless 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 86.15, 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 Kanha Stainless's current Days Inventory of 85.71 is 0.5% 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 Shri Kanha Stainless and its competitors. For the Steel industry, the median Days Inventory is 86.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Kanha Stainless's current Days Inventory is 85.71, which is 95% above median its own 10-year median of 43.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Kanha Stainless stock overvalued right now?
Shri Kanha Stainless (NSE:SHRIKANHA) has a current Days Inventory of 85.71. The current Days Inventory is 85.71, which is 95% above median its 10-year median of 43.85 and 0.5% below the Steel industry median of 86.15. Shri Kanha Stainless' overall GF Score™ is 13/100 with 6 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 Kanha Stainless (NSE:SHRIKANHA), the current Days Inventory is 85.71 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 Kanha Stainless Business Description

Address Nirwaroo Road, Plot No. 70-B, Unit No. 401-402, 4th Floor, Trimurty Prime Tower, Jhotwara, Jaipur, RJ, IND, 302 012
Shri Kanha Stainless Ltd is a manufacturer of precision stainless steel cold-rolled strips, offering a wide range of thin and ultra-thin variants designed to meet diverse industrial requirements. The company's products are widely used across various sectors, including the textile, automotive, and chemical industries, as well as in flexible tubes, capillary tubes, clocks, watches, and electrical equipment. Its key product offerings include Cold Rolling of Stainless-Steel Precision Strips (HR/CR SS Coil/Slitted), Stainless Steel Circle, and Stainless Steel Sheet. The company derives revenue from the sale of its products, mainly from the sale of HR/CR SS Coil/Slitted products.
13GF Score

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