VMS TMTNSE:VMSTMT -0.20%24 Days Inventory is 122.60 as of Mar. 2026, which is 149% above its 10-year median of 49.27. GuruFocus rates NSE:VMSTMT with a GF Score™ of 24/100. The stock has 3 warning signs investors should review. Among 581 Steel companies, VMS TMT ranks worse than 63.51% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). VMS TMT's Average Total Inventories for the
three
months ended in Mar. 2026 was ₹2,284 Mil. VMS TMT's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₹1,700 Mil.
Hence, VMS TMT's Days Inventory for the
three
months ended in Mar. 2026 was 122.60.
The historical rank and industry rank for VMS TMT's Days Inventory or its related term are showing as below:
NSE:VMSTMT'
s Days Inventory Range Over the Past 10 Years
Min: 32.89 Med: 49.27 Max: 114.93
Current: 109.02
During the past 5 years, VMS TMT's highest Days Inventory was 114.93. The lowest was 32.89. And the median was 49.27.
NSE:VMSTMT's Days Inventory is ranked worse than 63.51% of 581
companies
in the Steel industry
Industry Median: 86.42
vs NSE:VMSTMT: 109.02
VMS TMT's Days Inventory
increased
from Mar. 2025 (79.17) to Mar. 2026 (122.60).
It might indicate that VMS TMT'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.
VMS TMT's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.74.
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.
VMS TMT's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.95.
VMS TMT (NSE:VMSTMT) 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.
VMS TMT'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.
VMS TMT'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.
VMS TMT Days Inventory Related Terms
VMS TMT Days Inventory Historical Data
* Premium members only.
The historical data trend for VMS TMT'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.
NSE:VMSTMT vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, VMS TMT'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.
VMS TMT Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, VMS TMT's Days Inventory distribution charts can be found below:
* The bar in red indicates where VMS TMT'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.
VMS TMT (NSE:VMSTMT) has a Days Inventory of 122.60 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on VMS TMT and its competitors. This is 149% above median its historical median of 49.27. Over the past decade, VMS TMT's Days Inventory has ranged from 32.89 to 114.93. According to the industry distribution chart, VMS TMT ranks #369 out of 581 companies in the Steel industry, placing it in the top 63.5%.
Is VMS TMT's Days Inventory too high?
VMS TMT's current Days Inventory of 122.60 is 149% above median its 10-year median of 49.27. Over the past 10 years, this metric has ranged from a low of 32.89 to a high of 114.93. The Steel industry median Days Inventory is 86.42. VMS TMT's value of 122.60 is 41.9% above this industry median. Based on the distribution chart, VMS TMT ranks #369 out of 581 companies in the Steel industry, which is below the industry midpoint. Overall, VMS TMT has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does VMS TMT's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, VMS TMT ranks #369 out of 581 companies for Days Inventory. This places VMS TMT in the lower half of its industry. The industry median Days Inventory is 86.42. VMS TMT's value of 122.60 is 41.9% above this benchmark. Historically, VMS TMT's own Days Inventory has ranged from 32.89 to 114.93 over the past decade. While the company's 10-year median is 49.27 vs. the industry median of 86.42, VMS TMT 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 86.42, based on 581 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. VMS TMT's current Days Inventory of 122.60 is 41.9% 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 VMS TMT and its competitors. For the Steel industry, the median Days Inventory is 86.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VMS TMT's current Days Inventory is 122.60, which is 149% above median its own 10-year median of 49.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VMS TMT stock overvalued right now?
VMS TMT (NSE:VMSTMT) has a current Days Inventory of 122.60. The current Days Inventory is 122.60, which is 149% above median its 10-year median of 49.27 and 41.9% above the Steel industry median of 86.42. VMS TMT's overall GF Score™ is 24/100 with 3 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 VMS TMT (NSE:VMSTMT), the current Days Inventory is 122.60 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.
VMS TMT Ltd is engaged in manufacturing of Thermo Mechanically Treated Bars (TMT Bars) at its manufacturing facility situated at Bhayla Village, Ahmedabad, Gujarat, India. TMT Bars are high-strength reinforcement steel used widely in construction industry due to their exceptional strength, ductility, and corrosion resistance. Its revenue from operations also includes sale of scrap, binding wires and billets.
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