Bavarian Nordic AS (CHIX:BAVAC) Days Inventory: 404.67 (As of Mar. 2026) — 121% Above Median


CHIX:BAVAC Bavarian Nordic AS CHIX:BAVAC
84 GF Score
Price kr188.30
GF Value kr162.12
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Bavarian Nordic AS Days Inventory?

Bavarian Nordic AS CHIX:BAVAC 84 Days Inventory is 404.67 as of Mar. 2026, which is 121% above its 10-year median of 183.17. GuruFocus rates CHIX:BAVAC with a GF Score™ of 84/100 and a GF Value™ of kr162.12 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 638 Biotechnology companies, Bavarian Nordic AS ranks worse than 67.87% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Bavarian Nordic AS's Average Total Inventories for the three months ended in Mar. 2026 was kr2,588 Mil. Bavarian Nordic AS's Cost of Goods Sold for the three months ended in Mar. 2026 was kr584 Mil. Hence, Bavarian Nordic AS's Days Inventory for the three months ended in Mar. 2026 was 404.67.

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

CHIX:BAVAc' s Days Inventory Range Over the Past 10 Years
Min: 94.96   Med: 183.17   Max: 300.38
Current: 300.38

During the past 13 years, Bavarian Nordic AS's highest Days Inventory was 300.38. The lowest was 94.96. And the median was 183.17.

CHIX:BAVAc's Days Inventory is ranked worse than
67.87% of 638 companies
in the Biotechnology industry
Industry Median: 183.875 vs CHIX:BAVAc: 300.38

Bavarian Nordic AS's Days Inventory increased from Mar. 2025 (328.63) to Mar. 2026 (404.67). It might indicate that Bavarian Nordic AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bavarian Nordic AS's Inventory Turnover for the three months ended in Mar. 2026 was 0.23.

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. Bavarian Nordic AS's Inventory-to-Revenue for the three months ended in Mar. 2026 was 2.45.


Bavarian Nordic AS  (CHIX:BAVAc) 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.

Bavarian Nordic AS's Inventory Turnover for the three months ended in Mar. 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.

Bavarian Nordic AS's Inventory to Revenue for the three months ended in Mar. 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.


Bavarian Nordic AS Days Inventory Related Terms


Bavarian Nordic AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Bavarian Nordic AS'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.

Bavarian Nordic AS Days Inventory Chart

Bavarian Nordic AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.62 176.15 190.18 250.12 276.50

Bavarian Nordic AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 328.63 316.30 261.22 258.02 404.67

CHIX:BAVAC vs VRTX, REGN, ALNY: Days Inventory Comparison

For the Biotechnology subindustry, Bavarian Nordic AS'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.


Bavarian Nordic AS Days Inventory vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bavarian Nordic AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bavarian Nordic AS's Days Inventory falls into.


CHIX:BAVAC
84GF Score
Bavarian Nordic AS CHIX:BAVAC
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Bavarian Nordic AS Days Inventory Calculation

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

Bavarian Nordic AS's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (2327.309 + 2513.919) / 2 ) / 3195.343*365
=2420.614 / 3195.343*365
=276.50

Bavarian Nordic AS's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2513.919 + 2662.76) / 2 ) / 583.645*365 / 4
=2588.3395 / 583.645*365 / 4
=404.67

* 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 404.67 mean?
Bavarian Nordic AS (CHIX:BAVAC) has a Days Inventory of 404.67 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Bavarian Nordic AS and its competitors. This is 121% above median its historical median of 183.17. Over the past decade, Bavarian Nordic AS's Days Inventory has ranged from 94.96 to 300.38. According to the industry distribution chart, Bavarian Nordic AS ranks #433 out of 638 companies in the Biotechnology industry, placing it in the top 67.9%.
Is Bavarian Nordic AS's Days Inventory too high?
Bavarian Nordic AS's current Days Inventory of 404.67 is 121% above median its 10-year median of 183.17. Over the past 10 years, this metric has ranged from a low of 94.96 to a high of 300.38. The Biotechnology industry median Days Inventory is 183.88. Bavarian Nordic AS's value of 404.67 is 120.1% above this industry median. Based on the distribution chart, Bavarian Nordic AS ranks #433 out of 638 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Bavarian Nordic AS has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bavarian Nordic AS's Days Inventory compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Bavarian Nordic AS ranks #433 out of 638 companies for Days Inventory. This places Bavarian Nordic AS in the lower half of its industry. The industry median Days Inventory is 183.88. Bavarian Nordic AS's value of 404.67 is 120.1% above this benchmark. Historically, Bavarian Nordic AS's own Days Inventory has ranged from 94.96 to 300.38 over the past decade. While the company's 10-year median is 183.17 vs. the industry median of 183.88, Bavarian Nordic AS has consistently been above 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 a Biotechnology company?
The median Days Inventory among Biotechnology companies is 183.88, based on 638 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. Bavarian Nordic AS's current Days Inventory of 404.67 is 120.1% above 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 Bavarian Nordic AS and its competitors. For the Biotechnology industry, the median Days Inventory is 183.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bavarian Nordic AS's current Days Inventory is 404.67, which is 121% above median its own 10-year median of 183.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bavarian Nordic AS stock overvalued right now?
Based on GuruFocus' analysis, Bavarian Nordic AS (CHIX:BAVAC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr162.12, compared to a current price of kr188.30 — trading 16.1% above its estimated fair value. The current Days Inventory is 404.67, which is 121% above median its 10-year median of 183.17 and 120.1% above the Biotechnology industry median of 183.88. Bavarian Nordic AS's overall GF Score™ is 84/100 with 2 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 Bavarian Nordic AS (CHIX:BAVAC), the current Days Inventory is 404.67 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 Bavarian Nordic AS (CHIX:BAVAC) Overvalued in 2026?

Based on GuruFocus' analysis, Bavarian Nordic AS stock appears to be overvalued. The current stock price of kr188.30 is trading 16.1% above its estimated GF Value™ of kr162.12. GuruFocus considers Bavarian Nordic AS to be Modestly Overvalued.

Key valuation signals for CHIX:BAVAC:

  • Days Inventory: 404.67 (121% above median its 10-year median of 183.17)
  • GF Value™: kr162.12 vs. price of kr188.30 (16.1% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 120.1% above the Biotechnology median (#433 of 638)

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


Bavarian Nordic AS Business Description

Address Philip Heymans Alle 3, Hellerup, DNK, 2900
Bavarian Nordic AS is a biotechnology company focused on the research, development, manufacturing, and commercialization of life-saving vaccines. The group is a supplier of mpox and smallpox vaccines to governments to enhance public health preparedness and has a portfolio of travel vaccines. The vast majority of the company's revenue is generated in the United States, Germany, and other geographic markets. Its products include Encepur, Jynneos, Rabipur, Vaxchora, VIMKUNYA and Vivotif.
84GF Score

Get the complete analysis for CHIX:BAVAC

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

kr188.30
Price
kr162.12
GF Value