Vulcan Steel (ASX:VSL) Inventory Turnover: 0.97 (As of Dec. 2025)


ASX:VSL Vulcan Steel Ltd ASX:VSL
60 GF Score
Price A$5.25
GF Value A$6.22
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vulcan Steel Inventory Turnover?

Vulcan Steel ASX:VSL +5.21% 60 Inventory Turnover is 0.97 as of Dec. 2025. GuruFocus rates ASX:VSL with a GF Score™ of 60/100 and a GF Value™ of A$6.22 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Vulcan Steel's Cost of Goods Sold for the six months ended in Dec. 2025 was A$309.3 Mil. Vulcan Steel's Average Total Inventories for the quarter that ended in Dec. 2025 was A$318.2 Mil. Vulcan Steel's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vulcan Steel's Days Inventory for the six months ended in Dec. 2025 was 187.73.

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. Vulcan Steel's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.68.

Vulcan Steel  (ASX:VSL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Vulcan Steel's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=318.152/309.294*365 / 2
=187.73

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.

Vulcan Steel's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=318.152 / 466.283
=0.68

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Vulcan Steel Inventory Turnover Related Terms

Vulcan Steel Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Vulcan Steel's Inventory Turnover 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.

Vulcan Steel Inventory Turnover Chart

Vulcan Steel Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Inventory Turnover
1.65 2.04 1.74 1.80

Vulcan Steel Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 0.90 0.88 0.88 0.88 0.97
ASX:VSL
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Vulcan Steel Ltd ASX:VSL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vulcan Steel Inventory Turnover Calculation

Vulcan Steel's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Inventory Turnover (A: Jun. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2025 ) / ((Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count )
=578.021 / ((333.415 + 309.505) / 2 )
=578.021 / 321.46
=1.80

Vulcan Steel's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=309.294 / ((309.505 + 326.799) / 2 )
=309.294 / 318.152
=0.97

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.97 mean?
Vulcan Steel (ASX:VSL) has a Inventory Turnover of 0.97 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Vulcan Steel and its competitors.
Is Vulcan Steel's Inventory Turnover too high?
Vulcan Steel's current Inventory Turnover is 0.97. Overall, Vulcan Steel has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's Inventory Turnover compare to NUE and STLD?
Vulcan Steel's Inventory Turnover of 0.97 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Steel company?
A good Inventory Turnover depends on the Steel industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Vulcan Steel and its competitors. Vulcan Steel's current Inventory Turnover is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Steel stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Steel (ASX:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.22, compared to a current price of A$5.25 — trading 15.6% below its estimated fair value. The current Inventory Turnover is 0.97. Vulcan Steel's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Vulcan Steel (ASX:VSL), the current Inventory Turnover is 0.97 as of Dec. 2025. 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 Vulcan Steel (ASX:VSL) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued. The current stock price of A$5.25 is trading 15.6% below its estimated GF Value™ of A$6.22. GuruFocus considers Vulcan Steel to be Modestly Undervalued.

Key valuation signals for ASX:VSL:

  • Inventory Turnover: 0.97
  • GF Value™: A$6.22 vs. price of A$5.25 (15.6% below fair value)
  • GF Score™: 60/100 with 5 warning signs

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

Vulcan Steel Business Description

Other Exchanges VSL:New Zealand
Address 29 Neales Road, East Tamaki, Auckland, NTL, NZL, 2013
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
60GF Score

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

A$5.25
Price
A$6.22
GF Value