Nova Iron & Steel (BOM:513566) Inventory Turnover: 4.08 (As of Dec. 2025)

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BOM:513566 Nova Iron & Steel Ltd BOM:513566
53 GF Score
Price ₹11.90
GF Value ₹12.97
Valuation Fairly Valued
! 6 Warning Signs
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What is Nova Iron & Steel Inventory Turnover?

Nova Iron & Steel BOM:513566 +1.62% 53 Inventory Turnover is 4.08 as of Dec. 2025. GuruFocus rates BOM:513566 with a GF Score™ of 53/100 and a GF Value™ of ₹12.97 (Fairly Valued). The stock has 6 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. Nova Iron & Steel's Cost of Goods Sold for the three months ended in Dec. 2025 was ₹1,064 Mil. Nova Iron & Steel's Average Total Inventories for the quarter that ended in Dec. 2025 was ₹261 Mil. Nova Iron & Steel's Inventory Turnover for the quarter that ended in Dec. 2025 was 4.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nova Iron & Steel's Days Inventory for the three months ended in Dec. 2025 was 22.36.

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. Nova Iron & Steel's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.24.

Nova Iron & Steel  (BOM:513566) 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.

Nova Iron & Steel's Days Inventory for the three 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
=260.658/1063.943*365 / 4
=22.36

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.

Nova Iron & 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 )
=260.658 / 1098.214
=0.24

* 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.

Nova Iron & Steel Inventory Turnover Related Terms

Nova Iron & Steel Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nova Iron & 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.

Nova Iron & Steel Inventory Turnover Chart

Nova Iron & Steel Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.60 6.16 6.67 10.83 17.71

Nova Iron & Steel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 5.82 3.67 4.41 3.07 4.08
BOM:513566
53GF Score
Nova Iron & Steel Ltd BOM:513566
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nova Iron & Steel Inventory Turnover Calculation

Nova Iron & Steel's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=3794.56 / ((200.121 + 228.384) / 2 )
=3794.56 / 214.2525
=17.71

Nova Iron & 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: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=1063.943 / ((260.658 + 0) / 1 )
=1063.943 / 260.658
=4.08

* 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 4.08 mean?
Nova Iron & Steel (BOM:513566) has a Inventory Turnover of 4.08 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nova Iron & Steel and its competitors.
Is Nova Iron & Steel's Inventory Turnover too high?
Nova Iron & Steel's current Inventory Turnover is 4.08. Overall, Nova Iron & Steel has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nova Iron & Steel's Inventory Turnover compare to NUE and STLD?
Nova Iron & Steel's Inventory Turnover of 4.08 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 Nova Iron & Steel and its competitors. Nova Iron & Steel's current Inventory Turnover is 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Nova Iron & Steel (BOM:513566) is currently considered Fairly Valued. The stock's GF Value™ is ₹12.97, compared to a current price of ₹11.90 — trading 8.2% below its estimated fair value. The current Inventory Turnover is 4.08. Nova Iron & Steel's overall GF Score™ is 53/100 with 6 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 Nova Iron & Steel (BOM:513566), the current Inventory Turnover is 4.08 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 Nova Iron & Steel (BOM:513566) Overvalued in 2026?

Based on GuruFocus' analysis, Nova Iron & Steel stock appears to be undervalued. The current stock price of ₹11.90 is trading 8.2% below its estimated GF Value™ of ₹12.97. GuruFocus considers Nova Iron & Steel to be Fairly Valued.

Key valuation signals for BOM:513566:

  • Inventory Turnover: 4.08
  • GF Value™: ₹12.97 vs. price of ₹11.90 (8.2% below fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the BOM:513566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nova Iron & Steel Business Description

Address Village Dagori, Tehsil Belha, Bilaspur, CT, IND, 495224
Nova Iron & Steel Ltd is an Indian company engaged in the business of manufacturing and trading iron, steel, metals, securities, and natural resources.
53GF Score

Get the complete analysis for BOM:513566

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

₹11.90
Price
₹12.97
GF Value