Ratnamani Metals & Tubes (NSE:RATNAMANI) Inventory Turnover: 0.50 (As of Mar. 2026)

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NSE:RATNAMANI Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
96 GF Score
Price ₹2,425.20
GF Value ₹2,639.37
Valuation Fairly Valued
! 3 Warning Signs
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What is Ratnamani Metals & Tubes Inventory Turnover?

Ratnamani Metals & Tubes NSE:RATNAMANI -2.17% 96 Inventory Turnover is 0.50 as of Mar. 2026. GuruFocus rates NSE:RATNAMANI with a GF Score™ of 96/100 and a GF Value™ of ₹2,639.37 (Fairly Valued). 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. Ratnamani Metals & Tubes's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,423 Mil. Ratnamani Metals & Tubes's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹12,749 Mil. Ratnamani Metals & Tubes's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ratnamani Metals & Tubes's Days Inventory for the three months ended in Mar. 2026 was 181.11.

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. Ratnamani Metals & Tubes's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.18.


Ratnamani Metals & Tubes  (NSE:RATNAMANI) 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.

Ratnamani Metals & Tubes'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
=12748.603/6423.33*365 / 4
=181.11

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.

Ratnamani Metals & Tubes'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 )
=12748.603 / 10848.225
=1.18

* 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.


Ratnamani Metals & Tubes Inventory Turnover Related Terms


Ratnamani Metals & Tubes Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ratnamani Metals & Tubes'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.

Ratnamani Metals & Tubes Inventory Turnover Chart

Ratnamani Metals & Tubes 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 2.65 2.58 2.65 2.46 2.02

Ratnamani Metals & Tubes 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 0.74 0.47 0.60 0.50 0.50
NSE:RATNAMANI
96GF Score
Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ratnamani Metals & Tubes Inventory Turnover Calculation

Ratnamani Metals & Tubes'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 )
=28152.601 / ((15059.966 + 12748.603) / 2 )
=28152.601 / 13904.2845
=2.02

Ratnamani Metals & Tubes'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 )
=6423.33 / ((0 + 12748.603) / 1 )
=6423.33 / 12748.603
=0.50

* 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 0.50 mean?
Ratnamani Metals & Tubes (NSE:RATNAMANI) has a Inventory Turnover of 0.50 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ratnamani Metals & Tubes and its competitors.
Is Ratnamani Metals & Tubes' Inventory Turnover too high?
Ratnamani Metals & Tubes' current Inventory Turnover is 0.50. Overall, Ratnamani Metals & Tubes has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ratnamani Metals & Tubes' Inventory Turnover compare to NUE and STLD?
Ratnamani Metals & Tubes' Inventory Turnover of 0.50 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 Ratnamani Metals & Tubes and its competitors. Ratnamani Metals & Tubes's current Inventory Turnover is 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnamani Metals & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Ratnamani Metals & Tubes (NSE:RATNAMANI) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,639.37, compared to a current price of ₹2,425.20 — trading 8.1% below its estimated fair value. The current Inventory Turnover is 0.50. Ratnamani Metals & Tubes' overall GF Score™ is 96/100 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 Ratnamani Metals & Tubes (NSE:RATNAMANI), the current Inventory Turnover is 0.50 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 Ratnamani Metals & Tubes (NSE:RATNAMANI) Overvalued in 2026?

Based on GuruFocus' analysis, Ratnamani Metals & Tubes stock appears to be undervalued. The current stock price of ₹2,425.20 is trading 8.1% below its estimated GF Value™ of ₹2,639.37. GuruFocus considers Ratnamani Metals & Tubes to be Fairly Valued.

Key valuation signals for NSE:RATNAMANI:

  • Inventory Turnover: 0.50
  • GF Value™: ₹2,639.37 vs. price of ₹2,425.20 (8.1% below fair value)
  • GF Score™: 96/100 with 3 warning signs

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


Ratnamani Metals & Tubes Business Description

Other Exchanges 520111:India
Address The First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.
96GF Score

Get the complete analysis for NSE:RATNAMANI

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

₹2,425.20
Price
₹2,639.37
GF Value