MSP Steel & Power (NSE:MSPL) Inventory Turnover: 1.06 (As of Mar. 2026)


NSE:MSPL MSP Steel & Power Ltd NSE:MSPL
62 GF Score
Price ₹39.14
GF Value ₹21.23
Valuation Significantly Overvalued
! 3 Warning Signs
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What is MSP Steel & Power Inventory Turnover?

MSP Steel & Power NSE:MSPL -0.46% 62 Inventory Turnover is 1.06 as of Mar. 2026. GuruFocus rates NSE:MSPL with a GF Score™ of 62/100 and a GF Value™ of ₹21.23 (Significantly Overvalued). The stock has 3 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. MSP Steel & Power's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,207 Mil. MSP Steel & Power's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹5,856 Mil. MSP Steel & Power's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MSP Steel & Power's Days Inventory for the three months ended in Mar. 2026 was 86.10.

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. MSP Steel & Power's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.72.

MSP Steel & Power  (NSE:MSPL) 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.

MSP Steel & Power'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
=5856.29/6206.849*365 / 4
=86.10

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.

MSP Steel & Power'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 )
=5856.29 / 8163.185
=0.72

* 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.

MSP Steel & Power Inventory Turnover Related Terms

MSP Steel & Power Inventory Turnover Historical Data

* Premium members only.

The historical data trend for MSP Steel & Power'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.

MSP Steel & Power Inventory Turnover Chart

MSP Steel & Power 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 4.91 4.90 5.19 4.88 4.20

MSP Steel & Power 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 1.29 1.19 1.34 1.21 1.06
NSE:MSPL
62GF Score
MSP Steel & Power Ltd NSE:MSPL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MSP Steel & Power Inventory Turnover Calculation

MSP Steel & Power'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 )
=22266.895 / ((4743.872 + 5856.29) / 2 )
=22266.895 / 5300.081
=4.20

MSP Steel & Power'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 )
=6206.849 / ((0 + 5856.29) / 1 )
=6206.849 / 5856.29
=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?
MSP Steel & Power (NSE:MSPL) has a Inventory Turnover of 1.06 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on MSP Steel & Power and its competitors.
Is MSP Steel & Power's Inventory Turnover too high?
MSP Steel & Power's current Inventory Turnover is 1.06. Overall, MSP Steel & Power has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MSP Steel & Power's Inventory Turnover compare to NUE and STLD?
MSP Steel & Power'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 MSP Steel & Power and its competitors. MSP Steel & Power'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 MSP Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, MSP Steel & Power (NSE:MSPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹21.23, compared to a current price of ₹39.14 — trading 84.4% above its estimated fair value. The current Inventory Turnover is 1.06. MSP Steel & Power's overall GF Score™ is 62/100 with 3 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 MSP Steel & Power (NSE:MSPL), the current Inventory Turnover is 1.06 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.

Is MSP Steel & Power (NSE:MSPL) Overvalued in 2026?

Based on GuruFocus' analysis, MSP Steel & Power stock appears to be overvalued. The current stock price of ₹39.14 is trading 84.4% above its estimated GF Value™ of ₹21.23. GuruFocus considers MSP Steel & Power to be Significantly Overvalued.

Key valuation signals for NSE:MSPL:

  • Inventory Turnover: 1.06
  • GF Value™: ₹21.23 vs. price of ₹39.14 (84.4% above fair value)
  • GF Score™: 62/100 with 3 warning signs

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

MSP Steel & Power Business Description

Other Exchanges 532650:India
Address 770 Anandapur Road, South City Business Park, 10th Floor, Kolkata, WB, IND, 700107
MSP Steel & Power Ltd is engaged in the manufacturing of iron and steel products. It is also engaged in the generation and sale of power. Geographically, it derives a majority of its revenue from India. The company's product offerings include TMT Bar, structural steel, and pipes.
62GF Score

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

₹39.14
Price
₹21.23
GF Value