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Inventory Turnover measures how fast the company turns over its inventory within a year.
Zenith Steel Pipes & Industries's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.69.
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.
Zenith Steel Pipes & Industries's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.53.
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) 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.
Zenith Steel Pipes & Industries'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.
Zenith Steel Pipes & Industries'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.
Zenith Steel Pipes & Industries Days Inventory Related Terms
Zenith Steel Pipes & Industries Days Inventory Historical Data
* 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.
Zenith Steel Pipes & Industries Days Inventory Chart
NSE:ZENITHSTL vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Zenith Steel Pipes & Industries'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.
Zenith Steel Pipes & Industries Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Zenith Steel Pipes & Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Zenith Steel Pipes & Industries'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.
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) has a Days Inventory of 131.89 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zenith Steel Pipes & Industries and its competitors. This is 142% above median its historical median of 54.54. Over the past decade, Zenith Steel Pipes & Industries' Days Inventory has ranged from 6.17 to 92.67. According to the industry distribution chart, Zenith Steel Pipes & Industries ranks #288 out of 582 companies in the Steel industry, placing it in the top 49.5%.
Is Zenith Steel Pipes & Industries' Days Inventory too high?
Zenith Steel Pipes & Industries' current Days Inventory of 131.89 is 142% above median its 10-year median of 54.54. Over the past 10 years, this metric has ranged from a low of 6.17 to a high of 92.67. The Steel industry median Days Inventory is 86.57. Zenith Steel Pipes & Industries' value of 131.89 is 52.4% above this industry median. Based on the distribution chart, Zenith Steel Pipes & Industries ranks #288 out of 582 companies in the Steel industry, which is above the industry midpoint. Overall, Zenith Steel Pipes & Industries has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Steel Pipes & Industries' Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Zenith Steel Pipes & Industries ranks #288 out of 582 companies for Days Inventory. This puts Zenith Steel Pipes & Industries in the upper half of its industry. The industry median Days Inventory is 86.57. Zenith Steel Pipes & Industries' value of 131.89 is 52.4% above this benchmark. Historically, Zenith Steel Pipes & Industries' own Days Inventory has ranged from 6.17 to 92.67 over the past decade. While the company's 10-year median is 54.54 vs. the industry median of 86.57, Zenith Steel Pipes & Industries 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. Zenith Steel Pipes & Industries's current Days Inventory of 131.89 is 52.4% 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 Zenith Steel Pipes & Industries 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. Zenith Steel Pipes & Industries's current Days Inventory is 131.89, which is 142% above median its own 10-year median of 54.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Steel Pipes & Industries stock overvalued right now?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries (NSE:ZENITHSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.32, compared to a current price of ₹5.52 — trading 66.3% above its estimated fair value. The current Days Inventory is 131.89, which is 142% above median its 10-year median of 54.54 and 52.4% above the Steel industry median of 86.57. Zenith Steel Pipes & Industries' overall GF Score™ is 38/100 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL), the current Days Inventory is 131.89 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Overvalued in 2026?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries stock appears to be overvalued.
The current stock price of ₹5.52 is trading 66.3% above its estimated GF Value™ of ₹3.32.
GuruFocus considers Zenith Steel Pipes & Industries to be Significantly Overvalued.
Key valuation signals for NSE:ZENITHSTL:
Days Inventory: 131.89 (142% above median its 10-year median of 54.54)
GF Value™: ₹3.32 vs. price of ₹5.52 (66.3% above fair value)
Industry Position: 52.4% above the Steel median (#288 of 582)
No single metric tells the full story. See the NSE:ZENITHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenith Steel Pipes & Industries Business Description
Zenith Steel Pipes & Industries Ltd is a manufacturer of steel pipes in India. Its product portfolio includes Electric Resistance Welded Black pipes, Electric Resistance Welded GI pipes, HSAW Pipes, and others. The vast majority of its revenue comes from India.
38GF Score
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