Vraj Iron and Steel (NSE:VRAJ) Inventory Turnover: 1.85 (As of Mar. 2026)

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NSE:VRAJ Vraj Iron and Steel Ltd NSE:VRAJ
39 GF Score
Price ₹122.55
! 3 Warning Signs
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What is Vraj Iron and Steel Inventory Turnover?

Vraj Iron and Steel NSE:VRAJ -0.91% 39 Inventory Turnover is 1.85 as of Mar. 2026. GuruFocus rates NSE:VRAJ with a GF Score™ of 39/100. 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. Vraj Iron and Steel's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹1,252 Mil. Vraj Iron and Steel's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹676 Mil. Vraj Iron and Steel's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vraj Iron and Steel's Days Inventory for the three months ended in Mar. 2026 was 49.30.

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. Vraj Iron and Steel's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.40.

Vraj Iron and Steel  (NSE:VRAJ) 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.

Vraj Iron and Steel'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
=676.21/1251.66*365 / 4
=49.30

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.

Vraj Iron and Steel'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 )
=676.21 / 1702.08
=0.40

* 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.

Vraj Iron and Steel Inventory Turnover Related Terms

Vraj Iron and Steel Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Vraj Iron and 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.

Vraj Iron and Steel Inventory Turnover Chart

Vraj Iron and Steel Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 12.35 12.65 8.17 7.41 7.70

Vraj Iron and Steel Quarterly Data
Mar21 Mar22 Mar23 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 2.29 2.10 1.50 1.84 1.85
NSE:VRAJ
39GF Score
Vraj Iron and Steel Ltd NSE:VRAJ
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vraj Iron and Steel Inventory Turnover Calculation

Vraj Iron and 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 )
=4556.54 / ((507.43 + 676.21) / 2 )
=4556.54 / 591.82
=7.70

Vraj Iron and Steel'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 )
=1251.66 / ((0 + 676.21) / 1 )
=1251.66 / 676.21
=1.85

* 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 1.85 mean?
Vraj Iron and Steel (NSE:VRAJ) has a Inventory Turnover of 1.85 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Vraj Iron and Steel and its competitors.
Is Vraj Iron and Steel's Inventory Turnover too high?
Vraj Iron and Steel's current Inventory Turnover is 1.85. Overall, Vraj Iron and Steel has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Vraj Iron and Steel's Inventory Turnover compare to NUE and STLD?
Vraj Iron and Steel's Inventory Turnover of 1.85 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 Vraj Iron and Steel and its competitors. Vraj Iron and Steel's current Inventory Turnover is 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vraj Iron and Steel stock overvalued right now?
Vraj Iron and Steel (NSE:VRAJ) has a current Inventory Turnover of 1.85. The current Inventory Turnover is 1.85. Vraj Iron and Steel's overall GF Score™ is 39/100 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 Vraj Iron and Steel (NSE:VRAJ), the current Inventory Turnover is 1.85 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.

Vraj Iron and Steel Business Description

Other Exchanges 544204:India
Address First Floor, Plot No 63 & 66, Ph No 113, Mother Teresa Ward No. 43, Jalvihar Colony, Raipur, CT, IND, 492001
Vraj Iron and Steel Ltd is a subsidiary of Gopal Sponge and Power Private Limited, with two manufacturing units located at Raipur and Bilaspur in Chhattisgarh. The company is engaged in the manufacture of iron and steel in Central India. It produces Sponge Iron, TMT Bars, and MS Billets under the brand "Vraj." Vraj Iron And Steel focuses on manufacturing and trading iron, steel, and power, which is its primary business segment. The company offers integrated steel plants with manufacturing setups, including DRI unit, EAF, continuous billet casting mill, high-speed rolling mill, and quality assurance laboratories.
39GF Score

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

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