Vraj Iron and Steel (NSE:VRAJ) Days Inventory: 49.30 (As of Mar. 2026) — 24% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:VRAJ Vraj Iron and Steel Ltd NSE:VRAJ
39 GF Score
Price ₹129.21
! 3 Warning Signs
View Full Analysis

What is Vraj Iron and Steel Days Inventory?

Vraj Iron and Steel NSE:VRAJ -1.93% 39 Days Inventory is 49.30 as of Mar. 2026, which is 24% above its 10-year median of 39.74. GuruFocus rates NSE:VRAJ with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 582 Steel companies, Vraj Iron and Steel ranks better than 79.73% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Vraj Iron and Steel's Average Total Inventories for the three months ended in Mar. 2026 was ₹676 Mil. Vraj Iron and Steel's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,252 Mil. Hence, Vraj Iron and Steel's Days Inventory for the three months ended in Mar. 2026 was 49.30.

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

NSE:VRAJ' s Days Inventory Range Over the Past 10 Years
Min: 28.86   Med: 39.74   Max: 49.49
Current: 49.49

During the past 6 years, Vraj Iron and Steel's highest Days Inventory was 49.49. The lowest was 28.86. And the median was 39.74.

NSE:VRAJ's Days Inventory is ranked better than
79.73% of 582 companies
in the Steel industry
Industry Median: 86.57 vs NSE:VRAJ: 49.49

Vraj Iron and Steel's Days Inventory increased from Mar. 2025 (39.93) to Mar. 2026 (49.30). It might indicate that Vraj Iron and Steel's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vraj Iron and Steel's Inventory Turnover for the three months ended in Mar. 2026 was 1.85.

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. Vraj Iron and Steel's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.40.


Vraj Iron and Steel  (NSE:VRAJ) 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.

Vraj Iron and Steel'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.

Vraj Iron and Steel'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.


Vraj Iron and Steel Days Inventory Related Terms


Vraj Iron and Steel Days Inventory Historical Data

* Premium members only.

The historical data trend for Vraj Iron and Steel'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.

Vraj Iron and Steel Days Inventory Chart

Vraj Iron and Steel Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 29.55 28.86 44.68 49.23 47.41

Vraj Iron and Steel Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 39.93 43.42 60.72 49.59 49.30

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

For the Steel subindustry, Vraj Iron and Steel'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.


Vraj Iron and Steel Days Inventory vs Steel Industry

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

* The bar in red indicates where Vraj Iron and Steel's Days Inventory falls into.


NSE:VRAJ
39GF Score
Vraj Iron and Steel Ltd NSE:VRAJ
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vraj Iron and Steel Days Inventory Calculation

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

Vraj Iron and Steel'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
=( (507.43 + 676.21) / 2 ) / 4556.54*365
=591.82 / 4556.54*365
=47.41

Vraj Iron and Steel'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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 676.21) / 1 ) / 1251.66*365 / 4
=676.21 / 1251.66*365 / 4
=49.30

* 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 49.30 mean?
Vraj Iron and Steel (NSE:VRAJ) has a Days Inventory of 49.30 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Vraj Iron and Steel and its competitors. This is 24% above median its historical median of 39.74. Over the past decade, Vraj Iron and Steel's Days Inventory has ranged from 28.86 to 49.49. According to the industry distribution chart, Vraj Iron and Steel ranks #118 out of 582 companies in the Steel industry, placing it in the top 20.3%.
Is Vraj Iron and Steel's Days Inventory too high?
Vraj Iron and Steel's current Days Inventory of 49.30 is 24% above median its 10-year median of 39.74. Over the past 10 years, this metric has ranged from a low of 28.86 to a high of 49.49. The Steel industry median Days Inventory is 86.57. Vraj Iron and Steel's value of 49.30 is 43.1% below this industry median. Based on the distribution chart, Vraj Iron and Steel ranks #118 out of 582 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Vraj Iron and Steel has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Vraj Iron and Steel's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Vraj Iron and Steel ranks #118 out of 582 companies for Days Inventory. This places Vraj Iron and Steel in the top 20% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.57. Vraj Iron and Steel's value of 49.30 is 43.1% below this benchmark. Historically, Vraj Iron and Steel's own Days Inventory has ranged from 28.86 to 49.49 over the past decade. While the company's 10-year median is 39.74 vs. the industry median of 86.57, Vraj Iron and Steel 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 86.57, 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. Vraj Iron and Steel's current Days Inventory of 49.30 is 43.1% 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 Vraj Iron and Steel 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. Vraj Iron and Steel's current Days Inventory is 49.30, which is 24% above median its own 10-year median of 39.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vraj Iron and Steel stock overvalued right now?
Vraj Iron and Steel (NSE:VRAJ) has a current Days Inventory of 49.30. The current Days Inventory is 49.30, which is 24% above median its 10-year median of 39.74 and 43.1% below the Steel industry median of 86.57. Vraj Iron and Steel's overall GF Score™ is 39/100 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 Vraj Iron and Steel (NSE:VRAJ), the current Days Inventory is 49.30 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.

Vraj Iron and Steel Business Description

Other Exchanges 544204:India
Address First Floor, Plot No 63 & 66, Ph No 113, Mother Teresa Ward No. 43, Jalvihar Colony, Raipur, CT, IND, 492001
Vraj Iron and Steel Ltd is a subsidiary of Gopal Sponge and Power Private Limited, with two manufacturing units located at Raipur and Bilaspur in Chhattisgarh. The company is engaged in the manufacture of iron and steel in Central India. It produces Sponge Iron, TMT Bars, and MS Billets under the brand "Vraj." Vraj Iron And Steel focuses on manufacturing and trading iron, steel, and power, which is its primary business segment. The company offers integrated steel plants with manufacturing setups, including DRI unit, EAF, continuous billet casting mill, high-speed rolling mill, and quality assurance laboratories.
39GF Score

Get the complete analysis for NSE:VRAJ

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

₹129.21
Price