Steelco Gujarat (BOM:500399) Inventory Turnover: 1.06 (As of Jun. 2026)

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BOM:500399 Steelco Gujarat Ltd BOM:500399
11 GF Score
Price ₹253.70
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What is Steelco Gujarat Inventory Turnover?

Steelco Gujarat BOM:500399 +1.99% 11 Inventory Turnover is 1.06 as of Jun. 2026. GuruFocus rates BOM:500399 with a GF Score™ of 11/100. The stock has 7 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. Steelco Gujarat's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹465 Mil. Steelco Gujarat's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹439 Mil. Steelco Gujarat's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Steelco Gujarat's Days Inventory for the three months ended in Jun. 2026 was 86.20.

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. Steelco Gujarat's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.84.

Steelco Gujarat  (BOM:500399) 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.

Steelco Gujarat's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=439.078/464.816*365 / 4
=86.20

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.

Steelco Gujarat's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=439.078 / 521.786
=0.84

* 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.

Steelco Gujarat Inventory Turnover Related Terms

Steelco Gujarat Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Steelco Gujarat'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.

Steelco Gujarat Inventory Turnover Chart

Steelco Gujarat Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.03 0.22 1.94

Steelco Gujarat Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 1.05 0.30 0.67 1.06
BOM:500399
11GF Score
Steelco Gujarat Ltd BOM:500399
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Steelco Gujarat Inventory Turnover Calculation

Steelco Gujarat's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=533.057 / ((110.601 + 439.078) / 2 )
=533.057 / 274.8395
=1.94

Steelco Gujarat's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=464.816 / ((439.078 + 0) / 1 )
=464.816 / 439.078
=1.06

* 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 1.06 mean?
Steelco Gujarat (BOM:500399) has a Inventory Turnover of 1.06 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Steelco Gujarat and its competitors.
Is Steelco Gujarat's Inventory Turnover too high?
Steelco Gujarat's current Inventory Turnover is 1.06. Overall, Steelco Gujarat has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Steelco Gujarat's Inventory Turnover compare to NUE and STLD?
Steelco Gujarat's Inventory Turnover of 1.06 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 Steelco Gujarat and its competitors. Steelco Gujarat's current Inventory Turnover is 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steelco Gujarat stock overvalued right now?
Steelco Gujarat (BOM:500399) has a current Inventory Turnover of 1.06. The current Inventory Turnover is 1.06. Steelco Gujarat's overall GF Score™ is 11/100 with 7 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 Steelco Gujarat (BOM:500399), the current Inventory Turnover is 1.06 as of Jun. 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.

Steelco Gujarat Business Description

Address Race Course Circle, 4th Floor, Marble Arch, Vadodara, GJ, IND, 390 007
Steelco Gujarat Ltd is engaged in commercial production of cold rolled steel products with cold rolling of steel, continuous hot dip galvanizing and the Continuous Color Coating. It manufactures and supplies CR steel sheet/coils/strips, CR galvanized plain/corrugated sheet/coil/strips and pre-painted galvanized sheet/coils.
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