Jindal Steel (NSE:JINDALSTEL) Inventory Turnover: 0.95 (As of Jun. 2026)

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NSE:JINDALSTEL Jindal Steel Ltd NSE:JINDALSTEL
77 GF Score
Price ₹1,102.40
GF Value ₹1,212.34
Valuation Fairly Valued
! 4 Warning Signs
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What is Jindal Steel Inventory Turnover?

Jindal Steel NSE:JINDALSTEL +0.80% 77 Inventory Turnover is 0.95 as of Jun. 2026. GuruFocus rates NSE:JINDALSTEL with a GF Score™ of 77/100 and a GF Value™ of ₹1,212.34 (Fairly Valued). The stock has 4 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. Jindal Steel's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹76,330 Mil. Jindal Steel's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹80,228 Mil. Jindal Steel's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.95.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jindal Steel's Days Inventory for the three months ended in Jun. 2026 was 95.91.

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. Jindal Steel's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.52.


Jindal Steel  (NSE:JINDALSTEL) 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.

Jindal Steel'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
=80227.7/76330.3*365 / 4
=95.91

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.

Jindal Steel'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 )
=80227.7 / 155528.3
=0.52

* 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.


Jindal Steel Inventory Turnover Related Terms


Jindal Steel Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Jindal 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.

Jindal Steel Inventory Turnover Chart

Jindal Steel 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 7.51 9.05 5.34 3.71 3.74

Jindal Steel Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.91 0.67 0.86 1.04 0.95
NSE:JINDALSTEL
77GF Score
Jindal Steel Ltd NSE:JINDALSTEL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Jindal Steel Inventory Turnover Calculation

Jindal Steel'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 )
=254948.1 / ((56102.2 + 80227.7) / 2 )
=254948.1 / 68164.95
=3.74

Jindal Steel'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 )
=76330.3 / ((80227.7 + 0) / 1 )
=76330.3 / 80227.7
=0.95

* 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 0.95 mean?
Jindal Steel (NSE:JINDALSTEL) has a Inventory Turnover of 0.95 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Jindal Steel and its competitors.
Is Jindal Steel's Inventory Turnover too high?
Jindal Steel's current Inventory Turnover is 0.95. Overall, Jindal Steel has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jindal Steel's Inventory Turnover compare to NUE and STLD?
Jindal Steel's Inventory Turnover of 0.95 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 Jindal Steel and its competitors. Jindal Steel's current Inventory Turnover is 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Steel stock overvalued right now?
Based on GuruFocus' analysis, Jindal Steel (NSE:JINDALSTEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,212.34, compared to a current price of ₹1,102.40 — trading 9.1% below its estimated fair value. The current Inventory Turnover is 0.95. Jindal Steel's overall GF Score™ is 77/100 with 4 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 Jindal Steel (NSE:JINDALSTEL), the current Inventory Turnover is 0.95 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.

Is Jindal Steel (NSE:JINDALSTEL) Overvalued in 2026?

Based on GuruFocus' analysis, Jindal Steel stock appears to be undervalued. The current stock price of ₹1,102.40 is trading 9.1% below its estimated GF Value™ of ₹1,212.34. GuruFocus considers Jindal Steel to be Fairly Valued.

Key valuation signals for NSE:JINDALSTEL:

  • Inventory Turnover: 0.95
  • GF Value™: ₹1,212.34 vs. price of ₹1,102.40 (9.1% below fair value)
  • GF Score™: 77/100 with 4 warning signs

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


Jindal Steel Business Description

Other Exchanges 532286:India
Address Bhikaiji Cama Place, Jindal Centre 12, New Delhi, IND, 110066
Jindal Steel Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors, with its presence in various countries. The iron and steel industry is the company's key revenue-generating business. It offers various kinds of steel products like rails, fabricated sections, plates and coils, round bars, speedfloors, wire rods, and others. The products find applications in railways, roads, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Geographically, the company generates a majority of its revenue from its customers within India.
77GF Score

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

₹1,102.40
Price
₹1,212.34
GF Value