Algoma Steel Group (TSX:ASTL) Inventory Turnover: 0.81 (As of Mar. 2026)


TSX:ASTL Algoma Steel Group Inc TSX:ASTL
61 GF Score
Price C$5.51
GF Value C$7.82
Valuation Possible Value Trap
! 7 Warning Signs
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What is Algoma Steel Group Inventory Turnover?

Algoma Steel Group TSX:ASTL +2.80% 61 Inventory Turnover is 0.81 as of Mar. 2026. GuruFocus rates TSX:ASTL with a GF Score™ of 61/100 and a GF Value™ of C$7.82 (Possible Value Trap). The stock has 7 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. Algoma Steel Group's Cost of Goods Sold for the three months ended in Mar. 2026 was C$424 Mil. Algoma Steel Group's Average Total Inventories for the quarter that ended in Mar. 2026 was C$522 Mil. Algoma Steel Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Algoma Steel Group's Days Inventory for the three months ended in Mar. 2026 was 112.57.

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. Algoma Steel Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.76.

Algoma Steel Group  (TSX:ASTL) 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.

Algoma Steel Group'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
=522.45/423.5*365 / 4
=112.57

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.

Algoma Steel Group'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 )
=522.45 / 296.9
=1.76

* 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.

Algoma Steel Group Inventory Turnover Related Terms

Algoma Steel Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Algoma Steel Group'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.

Algoma Steel Group Inventory Turnover Chart

Algoma Steel Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 3.84 5.12 3.97 3.28 3.99

Algoma Steel Group 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 0.80 0.90 0.84 1.24 0.81
TSX:ASTL
61GF Score
Algoma Steel Group Inc TSX:ASTL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Algoma Steel Group Inventory Turnover Calculation

Algoma Steel Group's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=2750.5 / ((807.8 + 569.3) / 2 )
=2750.5 / 688.55
=3.99

Algoma Steel Group'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 )
=423.5 / ((569.3 + 475.6) / 2 )
=423.5 / 522.45
=0.81

* 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 0.81 mean?
Algoma Steel Group (TSX:ASTL) has a Inventory Turnover of 0.81 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Algoma Steel Group and its competitors.
Is Algoma Steel Group's Inventory Turnover too high?
Algoma Steel Group's current Inventory Turnover is 0.81. Overall, Algoma Steel Group has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Algoma Steel Group's Inventory Turnover compare to NUE and STLD?
Algoma Steel Group's Inventory Turnover of 0.81 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 Algoma Steel Group and its competitors. Algoma Steel Group's current Inventory Turnover is 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Steel Group stock overvalued right now?
Based on GuruFocus' analysis, Algoma Steel Group (TSX:ASTL) is currently considered Possible Value Trap. The stock's GF Value™ is C$7.82, compared to a current price of C$5.51 — trading 29.5% below its estimated fair value. The current Inventory Turnover is 0.81. Algoma Steel Group's overall GF Score™ is 61/100 with 7 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 Algoma Steel Group (TSX:ASTL), the current Inventory Turnover is 0.81 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 Algoma Steel Group (TSX:ASTL) Overvalued in 2026?

Based on GuruFocus' analysis, Algoma Steel Group stock appears to be undervalued. The current stock price of C$5.51 is trading 29.5% below its estimated GF Value™ of C$7.82. GuruFocus considers Algoma Steel Group to be Possible Value Trap.

Key valuation signals for TSX:ASTL:

  • Inventory Turnover: 0.81
  • GF Value™: C$7.82 vs. price of C$5.51 (29.5% below fair value)
  • GF Score™: 61/100 with 7 warning signs

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

Algoma Steel Group Business Description

Other Exchanges ASTL:USA9ZY:Germany
Address 105 West Street, Sault Ste. Marie, ON, CAN, P6A 7B4
Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from United States. The company generates the majority of its revenue from the sale of Steel sheets and strips.
61GF Score

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

C$5.51
Price
C$7.82
GF Value