HOFBF (Hofseth BioCare ASA) Change In Inventory: $-0.58 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HOFBF Hofseth BioCare ASA HOFBF
51 GF Score
Price $0.17
GF Value $0.26
! 6 Warning Signs
View Full Analysis

What is Hofseth BioCare ASA Change In Inventory?

Hofseth BioCare ASA HOFBF 51 Change In Inventory is $-0.58 Mil as of Mar. 2026. GuruFocus rates HOFBF with a GF Score™ of 51/100 and a GF Value™ of $0.26. The stock has 6 warning signs investors should review.

Hofseth BioCare ASA's change in inventory for the quarter that ended in Mar. 2026 was $-0.06 Mil. It means Hofseth BioCare ASA's inventory increased by $0.06 Mil from Dec. 2025 to Mar. 2026 .

Hofseth BioCare ASA's change in inventory for the fiscal year that ended in Dec. 2025 was $-0.39 Mil. It means Hofseth BioCare ASA's inventory increased by $0.39 Mil from Dec. 2024 to Dec. 2025 .

Hofseth BioCare ASA's Total Inventories for the quarter that ended in Mar. 2026 was $6.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hofseth BioCare ASA's Days Inventory for the quarter that ended in Mar. 2026 was 183.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hofseth BioCare ASA's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.50.

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. Hofseth BioCare ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.19.

Hofseth BioCare ASA  (OTCPK:HOFBF) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Hofseth BioCare ASA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=6.086/3.034*365 / 4
=183.04

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Hofseth BioCare ASA's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=3.034 / 6.086
=0.50

3. 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.

Hofseth BioCare ASA's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=6.086 / 5.122
=1.19

* 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.

Hofseth BioCare ASA Change In Inventory Related Terms

Hofseth BioCare ASA Change In Inventory Historical Data

* Premium members only.

The historical data trend for Hofseth BioCare ASA's Change In Inventory 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.

Hofseth BioCare ASA Change In Inventory Chart

Hofseth BioCare ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.95 -2.60 3.22 2.37 -0.39

Hofseth BioCare ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory 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 0.11 -1.25 -0.66 1.38 -0.06
HOFBF
51GF Score
Hofseth BioCare ASA HOFBF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hofseth BioCare ASA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.58 Mil.

* 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 Change In Inventory →
What does a Change In Inventory of $-0.58 Mil mean?
Hofseth BioCare ASA (HOFBF) has a Change In Inventory of $-0.58 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Hofseth BioCare ASA and its competitors.
Is Hofseth BioCare ASA's Change In Inventory too high?
Hofseth BioCare ASA's current Change In Inventory is $-0.58 Mil. Overall, Hofseth BioCare ASA has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Hofseth BioCare ASA's Change In Inventory compare to KHC and GIS?
Hofseth BioCare ASA's Change In Inventory of $-0.58 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Consumer Packaged Goods company?
A good Change In Inventory depends on the Consumer Packaged Goods industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Hofseth BioCare ASA and its competitors. Hofseth BioCare ASA's current Change In Inventory is $-0.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hofseth BioCare ASA stock overvalued right now?
Hofseth BioCare ASA (HOFBF) has a current Change In Inventory of $-0.58 Mil. The stock's GF Value™ is $0.26, compared to a current price of $0.17 — trading 35.9% below its estimated fair value. The current Change In Inventory is $-0.58 Mil. Hofseth BioCare ASA's overall GF Score™ is 51/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Hofseth BioCare ASA (HOFBF), the current Change In Inventory is $-0.58 Mil 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 Hofseth BioCare ASA (HOFBF) Overvalued in 2026?

Based on GuruFocus' analysis, Hofseth BioCare ASA stock appears to be undervalued. The current stock price of $0.17 is trading 35.9% below its estimated GF Value™ of $0.26.

Key valuation signals for HOFBF:

  • Change In Inventory: $-0.58 Mil
  • GF Value™: $0.26 vs. price of $0.17 (35.9% below fair value)
  • GF Score™: 51/100 with 6 warning signs

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

Hofseth BioCare ASA Business Description

Address Keiser Wilhelmsgate 24, Aalesund, NOR, 6003
Hofseth BioCare ASA is a Norway-based company engaged in the business of developing, manufacturing, marketing, and selling marine ingredients such as oil, calcium, and protein products. Its brands, which also generate revenue, include salmon oil (OmeGo), water-soluble protein (ProGo), calcium/collagen (CalGo and NT-II), and non-soluble protein (PetGo), all of which are produced in the Midsund plant. The firm sells its products to various segments of the human nutrition market, such as sports nutrition, supplements, and health foods, as well as to the market within nutrition for the pet and feed industry. Geographically, the company generates maximum revenue from Europe, followed by North America and Asia.
51GF Score

Get the complete analysis for HOFBF

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

$0.17
Price
$0.26
GF Value