Korvest (ASX:KOV) Days Inventory: 96.41 (As of Jun. 2026) — Near Median

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ASX:KOV Korvest Ltd ASX:KOV
76 GF Score
Price A$16.80
GF Value A$12.88
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Korvest Days Inventory?

Korvest ASX:KOV -2.61% 76 Days Inventory is 96.41 as of Jun. 2026, which is 1% below its 10-year median of 97.61. GuruFocus rates ASX:KOV with a GF Score™ of 76/100 and a GF Value™ of A$12.88 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,971 Industrial Products companies, Korvest ranks better than 62.98% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Korvest's Average Total Inventories for the six months ended in Jun. 2026 was A$22.1 Mil. Korvest's Cost of Goods Sold for the six months ended in Jun. 2026 was A$41.8 Mil. Hence, Korvest's Days Inventory for the six months ended in Jun. 2026 was 96.41.

The historical rank and industry rank for Korvest's Days Inventory or its related term are showing as below:

ASX:KOV' s Days Inventory Range Over the Past 10 Years
Min: 87.8   Med: 97.61   Max: 126.97
Current: 96.17

During the past 13 years, Korvest's highest Days Inventory was 126.97. The lowest was 87.80. And the median was 97.61.

ASX:KOV's Days Inventory is ranked better than
62.98% of 2971 companies
in the Industrial Products industry
Industry Median: 118.63 vs ASX:KOV: 96.17

Korvest's Days Inventory increased from Jun. 2025 (83.12) to Jun. 2026 (96.41). It might indicate that Korvest's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Korvest's Inventory Turnover for the six months ended in Jun. 2026 was 1.89.

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. Korvest's Inventory-to-Revenue for the six months ended in Jun. 2026 was 0.32.


Korvest  (ASX:KOV) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Korvest's Inventory Turnover for the six months ended in Jun. 2026 is calculated as

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.

Korvest's Inventory to Revenue for the six months ended in Jun. 2026 is calculated as

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Korvest Days Inventory Related Terms


Korvest Days Inventory Historical Data

* Premium members only.

The historical data trend for Korvest's Days 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.

Korvest Days Inventory Chart

Korvest Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.99 99.39 98.44 87.80 94.89

Korvest Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days 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 97.93 101.61 83.12 97.26 96.41

ASX:KOV vs CRS, ATI, MLI: Days Inventory Comparison

For the Metal Fabrication subindustry, Korvest's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Korvest Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Korvest's Days Inventory distribution charts can be found below:

* The bar in red indicates where Korvest's Days Inventory falls into.


ASX:KOV
76GF Score
Korvest Ltd ASX:KOV
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Korvest Days Inventory Calculation

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

Korvest's Days Inventory for the fiscal year that ended in Jun. 2026 is calculated as

Days Inventory (A: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2025 ) + Total Inventories (A: Jun. 2026 )) / count ) / Cost of Goods Sold (A: Jun. 2026 )*Days in Period
=( (18.496 + 22.736) / 2 ) / 79.303*365
=20.616 / 79.303*365
=94.89

Korvest's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (21.453 + 22.736) / 2 ) / 41.823*365 / 2
=22.0945 / 41.823*365 / 2
=96.41

* 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 Days Inventory →
What does a Days Inventory of 96.41 mean?
Korvest (ASX:KOV) has a Days Inventory of 96.41 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Korvest and its competitors. This is near median its historical median of 97.61. Over the past decade, Korvest's Days Inventory has ranged from 87.80 to 126.97. According to the industry distribution chart, Korvest ranks #1100 out of 2971 companies in the Industrial Products industry, placing it in the top 37%.
Is Korvest's Days Inventory too high?
Korvest's current Days Inventory of 96.41 is near median its 10-year median of 97.61. Over the past 10 years, this metric has ranged from a low of 87.80 to a high of 126.97. The Industrial Products industry median Days Inventory is 118.63. Korvest's value of 96.41 is 18.7% below this industry median. Based on the distribution chart, Korvest ranks #1100 out of 2971 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Korvest has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Korvest's Days Inventory compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Korvest ranks #1100 out of 2971 companies for Days Inventory. This puts Korvest in the upper half of its industry. The industry median Days Inventory is 118.63. Korvest's value of 96.41 is 18.7% below this benchmark. Historically, Korvest's own Days Inventory has ranged from 87.80 to 126.97 over the past decade. While the company's 10-year median is 97.61 vs. the industry median of 118.63, Korvest has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 118.63, based on 2,971 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Korvest's current Days Inventory of 96.41 is 18.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Korvest and its competitors. For the Industrial Products industry, the median Days Inventory is 118.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korvest's current Days Inventory is 96.41, which is near median its own 10-year median of 97.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korvest stock overvalued right now?
Based on GuruFocus' analysis, Korvest (ASX:KOV) is currently considered Modestly Overvalued. The stock's GF Value™ is A$12.88, compared to a current price of A$16.80 — trading 30.4% above its estimated fair value. The current Days Inventory is 96.41, which is near median its 10-year median of 97.61 and 18.7% below the Industrial Products industry median of 118.63. Korvest's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Korvest (ASX:KOV), the current Days Inventory is 96.41 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 Korvest (ASX:KOV) Overvalued in 2026?

Based on GuruFocus' analysis, Korvest stock appears to be overvalued. The current stock price of A$16.80 is trading 30.4% above its estimated GF Value™ of A$12.88. GuruFocus considers Korvest to be Modestly Overvalued.

Key valuation signals for ASX:KOV:

  • Days Inventory: 96.41 (near median its 10-year median of 97.61)
  • GF Value™: A$12.88 vs. price of A$16.80 (30.4% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 18.7% below the Industrial Products median (#1100 of 2971)

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


Korvest Business Description

Address 580 Prospect Road, Kilburn, Adelaide, SA, AUS, 5084
Korvest Ltd is an Australia-based company principally engaged in the industrial products manufacturing business. The activities of the Company consist of hot dip galvanizing, sheet metal fabrication, and the manufacture of cable and pipe support systems and fittings. The group has two reportable segments: The Industrial products Segment includes the manufacture of electrical and cable support systems, steel fabrication, and access systems which also includes the sale, hire, and repair of high torque tools; and the Production Segment, which provides hot dip galvanizing services. The company drives a majority of its revenue from the Industrial products segment.
76GF Score

Get the complete analysis for ASX:KOV

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

A$16.80
Price
A$12.88
GF Value