Algoma Steel GroupTSX:ASTL +0.70%65 Days Inventory is 112.57 as of Mar. 2026, which is 23% above its 10-year median of 91.63. GuruFocus rates TSX:ASTL with a GF Score™ of 65/100 and a GF Value™ of C$7.83 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 582 Steel companies, Algoma Steel Group ranks worse than 54.98% on this metric.
The historical rank and industry rank for Algoma Steel Group's Days Inventory or its related term are showing as below:
TSX:ASTL'
s Days Inventory Range Over the Past 10 Years
Min: 71.29 Med: 91.63 Max: 111.13
Current: 93.55
During the past 6 years, Algoma Steel Group's highest Days Inventory was 111.13. The lowest was 71.29. And the median was 91.63.
TSX:ASTL's Days Inventory is ranked worse than 54.98% of 582
companies
in the Steel industry
Industry Median: 86.57
vs TSX:ASTL: 93.55
Algoma Steel Group's Days Inventory
declined
from Mar. 2025 (114.63) to Mar. 2026 (112.57).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Algoma Steel Group's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.81.
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.
Algoma Steel Group's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.76.
Algoma Steel Group (TSX:ASTL) 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.
Algoma Steel Group'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.
Algoma Steel Group'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.
Algoma Steel Group Days Inventory Related Terms
Algoma Steel Group Days Inventory Historical Data
* Premium members only.
The historical data trend for Algoma Steel Group'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.
TSX:ASTL vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Algoma Steel Group'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.
Algoma Steel Group Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Algoma Steel Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Algoma Steel Group'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.
Algoma Steel Group (TSX:ASTL) has a Days Inventory of 112.57 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Algoma Steel Group and its competitors. This is 23% above median its historical median of 91.63. Over the past decade, Algoma Steel Group's Days Inventory has ranged from 71.29 to 111.13. According to the industry distribution chart, Algoma Steel Group ranks #320 out of 582 companies in the Steel industry, placing it in the top 55%.
Is Algoma Steel Group's Days Inventory too high?
Algoma Steel Group's current Days Inventory of 112.57 is 23% above median its 10-year median of 91.63. Over the past 10 years, this metric has ranged from a low of 71.29 to a high of 111.13. The Steel industry median Days Inventory is 86.57. Algoma Steel Group's value of 112.57 is 30% above this industry median. Based on the distribution chart, Algoma Steel Group ranks #320 out of 582 companies in the Steel industry, which is below the industry midpoint. Overall, Algoma Steel Group has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Algoma Steel Group ranks #320 out of 582 companies for Days Inventory. This places Algoma Steel Group in the lower half of its industry. The industry median Days Inventory is 86.57. Algoma Steel Group's value of 112.57 is 30% above this benchmark. Historically, Algoma Steel Group's own Days Inventory has ranged from 71.29 to 111.13 over the past decade. While the company's 10-year median is 91.63 vs. the industry median of 86.57, Algoma Steel Group 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. Algoma Steel Group's current Days Inventory of 112.57 is 30% 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 Algoma Steel Group 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. Algoma Steel Group's current Days Inventory is 112.57, which is 23% above median its own 10-year median of 91.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Algoma Steel Group (TSX:ASTL) is currently considered Modestly Undervalued. The stock's GF Value™ is C$7.83, compared to a current price of C$5.78 — trading 26.2% below its estimated fair value. The current Days Inventory is 112.57, which is 23% above median its 10-year median of 91.63 and 30% above the Steel industry median of 86.57. Algoma Steel Group's overall GF Score™ is 65/100 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 Algoma Steel Group (TSX:ASTL), the current Days Inventory is 112.57 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 Algoma Steel Group (TSX:ASTL) Overvalued in 2026?
Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued.
The current stock price of C$5.78 is trading 26.2% below its estimated GF Value™ of C$7.83.
GuruFocus considers Algoma Steel Group to be Modestly Undervalued.
Key valuation signals for TSX:ASTL:
Days Inventory: 112.57 (23% above median its 10-year median of 91.63)
GF Value™: C$7.83 vs. price of C$5.78 (26.2% below fair value)
Industry Position: 30% above the Steel median (#320 of 582)
No single metric tells the full story. See the TSX:ASTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.
65GF Score
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