Mideast Integrated Steels (BOM:540744) Inventory Turnover: 0.61 (As of Mar. 2026)

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BOM:540744 Mideast Integrated Steels Ltd BOM:540744
4 GF Score
Price ₹9.58
! 5 Warning Signs
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What is Mideast Integrated Steels Inventory Turnover?

Mideast Integrated Steels BOM:540744 4 Inventory Turnover is 0.61 as of Mar. 2026. GuruFocus rates BOM:540744 with a GF Score™ of 4/100. 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. Mideast Integrated Steels's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,075 Mil. Mideast Integrated Steels's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹1,759 Mil. Mideast Integrated Steels's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mideast Integrated Steels's Days Inventory for the three months ended in Mar. 2026 was 149.29.

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. Mideast Integrated Steels's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.27.

Mideast Integrated Steels  (BOM:540744) 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.

Mideast Integrated Steels's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=1759.49/1075.43*365 / 4
=149.29

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.

Mideast Integrated Steels's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1759.49 / 1386.84
=1.27

* 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.

Mideast Integrated Steels Inventory Turnover Related Terms

Mideast Integrated Steels Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Mideast Integrated Steels'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.

Mideast Integrated Steels Inventory Turnover Chart

Mideast Integrated Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 3.16 3.75 2.56 2.37

Mideast Integrated Steels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.58 0.77 0.44 0.74 0.61
BOM:540744
4GF Score
Mideast Integrated Steels Ltd BOM:540744
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Mideast Integrated Steels Inventory Turnover Calculation

Mideast Integrated Steels'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 )
=4458.31 / ((2010.66 + 1759.49) / 2 )
=4458.31 / 1885.075
=2.37

Mideast Integrated Steels's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=1075.43 / ((0 + 1759.49) / 1 )
=1075.43 / 1759.49
=0.61

* 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 0.61 mean?
Mideast Integrated Steels (BOM:540744) has a Inventory Turnover of 0.61 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mideast Integrated Steels and its competitors.
Is Mideast Integrated Steels' Inventory Turnover too high?
Mideast Integrated Steels' current Inventory Turnover is 0.61. Overall, Mideast Integrated Steels has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Mideast Integrated Steels' Inventory Turnover compare to competitors?
Mideast Integrated Steels' Inventory Turnover of 0.61 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 Mideast Integrated Steels and its competitors. Mideast Integrated Steels's current Inventory Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mideast Integrated Steels stock overvalued right now?
Mideast Integrated Steels (BOM:540744) has a current Inventory Turnover of 0.61. The current Inventory Turnover is 0.61. Mideast Integrated Steels' overall GF Score™ is 4/100 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 Mideast Integrated Steels (BOM:540744), the current Inventory Turnover is 0.61 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.

Mideast Integrated Steels Business Description

Address Kailash Colony, H-1, Mesco Tower, Zamrudpur Community Centre, New Delhi, IND, 110048
Mideast Integrated Steels Ltd is engaged in the business of the extraction of iron ore. The company operates through a single segment, namely the Iron and Steel business. It manufactures various products such as pig iron scrap, including plates, fines, and boulders, iron ore calibrated lump ores consisting of iron ore fines and screened lump, coke breeze, granulated slag, and lime slurry. In addition, it also offers repair services.
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