Icelandair Group hf (OISE:ICEAIR) Change In Inventory: kr-302 Mil (TTM As of Jun. 2026)

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OISE:ICEAIR Icelandair Group hf OISE:ICEAIR
56 GF Score
Price kr0.74
GF Value kr1.33
Valuation Possible Value Trap
! 3 Warning Signs
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What is Icelandair Group hf Change In Inventory?

Icelandair Group hf OISE:ICEAIR +0.48% 56 Change In Inventory is kr-302 Mil as of Jun. 2026. GuruFocus rates OISE:ICEAIR with a GF Score™ of 56/100 and a GF Value™ of kr1.33 (Possible Value Trap). The stock has 3 warning signs investors should review.

Icelandair Group hf's change in inventory for the quarter that ended in Jun. 2026 was kr-53 Mil. It means Icelandair Group hf's inventory increased by kr53 Mil from Mar. 2026 to Jun. 2026 .

Icelandair Group hf's change in inventory for the fiscal year that ended in Dec. 2025 was kr-64 Mil. It means Icelandair Group hf's inventory increased by kr64 Mil from Dec. 2024 to Dec. 2025 .

Icelandair Group hf's Total Inventories for the quarter that ended in Jun. 2026 was kr3,770 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Icelandair Group hf's Days Inventory for the quarter that ended in Jun. 2026 was 7.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Icelandair Group hf's Inventory Turnover for the quarter that ended in Jun. 2026 was 12.89.

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. Icelandair Group hf's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.06.

Icelandair Group hf  (OISE:ICEAIR) Change In Inventory Explanation

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

Icelandair Group hf's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3743.545/48245.28*365 / 4
=7.08

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

Icelandair Group hf's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=48245.28 / 3743.545
=12.89

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.

Icelandair Group hf's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3743.545 / 60154.249
=0.06

* 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.

Icelandair Group hf Change In Inventory Related Terms

Icelandair Group hf Change In Inventory Historical Data

* Premium members only.

The historical data trend for Icelandair Group hf'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.

Icelandair Group hf Change In Inventory Chart

Icelandair Group hf 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 -156.41 366.18 -15.88 301.43 -63.66

Icelandair Group hf Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -8.61 -5.46 61.84 -305.43 -52.62
OISE:ICEAIR
56GF Score
Icelandair Group hf OISE:ICEAIR
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Icelandair Group hf 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-302 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 kr-302 Mil mean?
Icelandair Group hf (OISE:ICEAIR) has a Change In Inventory of kr-302 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Icelandair Group hf and its competitors.
Is Icelandair Group hf's Change In Inventory too high?
Icelandair Group hf's current Change In Inventory is kr-302 Mil. Overall, Icelandair Group hf has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's Change In Inventory compare to DAL and UAL?
Icelandair Group hf's Change In Inventory of kr-302 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Change In Inventory depends on the Transportation 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 Icelandair Group hf and its competitors. Icelandair Group hf's current Change In Inventory is kr-302 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.33, compared to a current price of kr0.74 — trading 44.5% below its estimated fair value. The current Change In Inventory is kr-302 Mil. Icelandair Group hf's overall GF Score™ is 56/100 with 3 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 Icelandair Group hf (OISE:ICEAIR), the current Change In Inventory is kr-302 Mil as of Jun. 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 Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?

Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued. The current stock price of kr0.74 is trading 44.5% below its estimated GF Value™ of kr1.33. GuruFocus considers Icelandair Group hf to be Possible Value Trap.

Key valuation signals for OISE:ICEAIR:

  • Change In Inventory: kr-302 Mil
  • GF Value™: kr1.33 vs. price of kr0.74 (44.5% below fair value)
  • GF Score™: 56/100 with 3 warning signs

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

Icelandair Group hf Business Description

Address Flugvellir 1, Hafnarfjordur, ISL, 221
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
56GF Score

Get the complete analysis for OISE:ICEAIR

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

kr0.74
Price
kr1.33
GF Value