Surani Steel Tubes (NSE:SURANI) Days Inventory: 367.17 (As of Mar. 2026) — 376% Above Median

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NSE:SURANI Surani Steel Tubes Ltd NSE:SURANI
56 GF Score
Price ₹99.80
GF Value ₹70.01
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Surani Steel Tubes Days Inventory?

Surani Steel Tubes NSE:SURANI -0.70% 56 Days Inventory is 367.17 as of Mar. 2026, which is 376% above its 10-year median of 77.14. GuruFocus rates NSE:SURANI with a GF Score™ of 56/100 and a GF Value™ of ₹70.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 582 Steel companies, Surani Steel Tubes ranks worse than 94.5% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Surani Steel Tubes's Average Total Inventories for the six months ended in Mar. 2026 was ₹795.4 Mil. Surani Steel Tubes's Cost of Goods Sold for the six months ended in Mar. 2026 was ₹395.3 Mil. Hence, Surani Steel Tubes's Days Inventory for the six months ended in Mar. 2026 was 367.17.

The historical rank and industry rank for Surani Steel Tubes's Days Inventory or its related term are showing as below:

NSE:SURANI' s Days Inventory Range Over the Past 10 Years
Min: 54.45   Med: 77.14   Max: 359.07
Current: 260.84

During the past 13 years, Surani Steel Tubes's highest Days Inventory was 359.07. The lowest was 54.45. And the median was 77.14.

NSE:SURANI's Days Inventory is ranked worse than
94.5% of 582 companies
in the Steel industry
Industry Median: 86.57 vs NSE:SURANI: 260.84

Surani Steel Tubes's Days Inventory increased from Mar. 2025 (63.87) to Mar. 2026 (367.17). It might indicate that Surani Steel Tubes'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. Surani Steel Tubes's Inventory Turnover for the six 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. Surani Steel Tubes's Inventory-to-Revenue for the six months ended in Mar. 2026 was 1.92.


Surani Steel Tubes  (NSE:SURANI) 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.

Surani Steel Tubes'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.

Surani Steel Tubes'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.


Surani Steel Tubes Days Inventory Related Terms


Surani Steel Tubes Days Inventory Historical Data

* Premium members only.

The historical data trend for Surani Steel Tubes'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.

Surani Steel Tubes Days Inventory Chart

Surani Steel Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.01 67.32 97.51 78.95 359.07

Surani Steel Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 88.78 92.69 63.87 87.53 367.17

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

For the Steel subindustry, Surani Steel 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.


Surani Steel Tubes Days Inventory vs Steel Industry

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

* The bar in red indicates where Surani Steel Tubes's Days Inventory falls into.


NSE:SURANI
56GF Score
Surani Steel Tubes Ltd NSE:SURANI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Surani Steel Tubes Days Inventory Calculation

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

Surani Steel Tubes'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
=( (317.695 + 1433.781) / 2 ) / 890.191*365
=875.738 / 890.191*365
=359.07

Surani Steel Tubes'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
=( (156.975 + 1433.781) / 2 ) / 395.337*365 / 2
=795.378 / 395.337*365 / 2
=367.17

* 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 367.17 mean?
Surani Steel Tubes (NSE:SURANI) has a Days Inventory of 367.17 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Surani Steel Tubes and its competitors. This is 376% above median its historical median of 77.14. Over the past decade, Surani Steel Tubes' Days Inventory has ranged from 54.45 to 359.07. According to the industry distribution chart, Surani Steel Tubes ranks #550 out of 582 companies in the Steel industry, placing it in the top 94.5%.
Is Surani Steel Tubes' Days Inventory too high?
Surani Steel Tubes' current Days Inventory of 367.17 is 376% above median its 10-year median of 77.14. Over the past 10 years, this metric has ranged from a low of 54.45 to a high of 359.07. The Steel industry median Days Inventory is 86.57. Surani Steel Tubes' value of 367.17 is 324.1% above this industry median. Based on the distribution chart, Surani Steel Tubes ranks #550 out of 582 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Surani Steel Tubes has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Surani Steel Tubes ranks #550 out of 582 companies for Days Inventory. This places Surani Steel Tubes in the lower half of its industry. The industry median Days Inventory is 86.57. Surani Steel Tubes' value of 367.17 is 324.1% above this benchmark. Historically, Surani Steel Tubes' own Days Inventory has ranged from 54.45 to 359.07 over the past decade. While the company's 10-year median is 77.14 vs. the industry median of 86.57, Surani Steel 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. Surani Steel Tubes's current Days Inventory of 367.17 is 324.1% 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 Surani Steel 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. Surani Steel Tubes's current Days Inventory is 367.17, which is 376% above median its own 10-year median of 77.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surani Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Surani Steel Tubes (NSE:SURANI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹70.01, compared to a current price of ₹99.80 — trading 42.6% above its estimated fair value. The current Days Inventory is 367.17, which is 376% above median its 10-year median of 77.14 and 324.1% above the Steel industry median of 86.57. Surani Steel Tubes' overall GF Score™ is 56/100 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 Surani Steel Tubes (NSE:SURANI), the current Days Inventory is 367.17 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 Surani Steel Tubes (NSE:SURANI) Overvalued in 2026?

Based on GuruFocus' analysis, Surani Steel Tubes stock appears to be overvalued. The current stock price of ₹99.80 is trading 42.6% above its estimated GF Value™ of ₹70.01. GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.

Key valuation signals for NSE:SURANI:

  • Days Inventory: 367.17 (376% above median its 10-year median of 77.14)
  • GF Value™: ₹70.01 vs. price of ₹99.80 (42.6% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 324.1% above the Steel median (#550 of 582)

No single metric tells the full story. See the NSE:SURANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surani Steel Tubes Business Description

Address Bayad Road, Sr. No. 110, 115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and others. Geographically, it operates only in India.
56GF Score

Get the complete analysis for NSE:SURANI

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹99.80
Price
₹70.01
GF Value