Norbit ASACHIX:NORBTO 77 Days Inventory is 192.55 as of Mar. 2026, which is 3% below its 10-year median of 199.51. GuruFocus rates CHIX:NORBTO with a GF Score™ of 77/100 and a GF Value™ of kr173.07 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,415 Hardware companies, Norbit ASA ranks worse than 81.99% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Norbit ASA's Average Total Inventories for the
three
months ended in Mar. 2026 was kr723 Mil. Norbit ASA's Cost of Goods Sold for the
three
months ended in Mar. 2026 was kr343 Mil.
Hence, Norbit ASA's Days Inventory for the
three
months ended in Mar. 2026 was 192.55.
The historical rank and industry rank for Norbit ASA's Days Inventory or its related term are showing as below:
CHIX:NORBTo'
s Days Inventory Range Over the Past 10 Years
Min: 136.33 Med: 199.51 Max: 293.42
Current: 192.22
During the past 11 years, Norbit ASA's highest Days Inventory was 293.42. The lowest was 136.33. And the median was 199.51.
CHIX:NORBTo's Days Inventory is ranked worse than 81.99% of 2415
companies
in the Hardware industry
Industry Median: 94.29
vs CHIX:NORBTo: 192.22
Norbit ASA's Days Inventory
declined
from Mar. 2025 (233.10) to Mar. 2026 (192.55).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Norbit ASA's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.47.
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.
Norbit ASA's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.99.
Norbit ASA (CHIX:NORBTo) 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.
Norbit ASA'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.
Norbit ASA'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.
Norbit ASA Days Inventory Related Terms
Norbit ASA Days Inventory Historical Data
* Premium members only.
The historical data trend for Norbit ASA'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.
CHIX:NORBTO vs COHR, KEYS, GRMN: Days Inventory Comparison
For the Scientific & Technical Instruments subindustry, Norbit ASA'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.
Norbit ASA Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, Norbit ASA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Norbit ASA's Days Inventory falls into.
* 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.
Norbit ASA (CHIX:NORBTO) has a Days Inventory of 192.55 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Norbit ASA and its competitors. This is near median its historical median of 199.51. Over the past decade, Norbit ASA's Days Inventory has ranged from 136.33 to 293.42. According to the industry distribution chart, Norbit ASA ranks #1980 out of 2415 companies in the Hardware industry, placing it in the top 82%.
Is Norbit ASA's Days Inventory too high?
Norbit ASA's current Days Inventory of 192.55 is near median its 10-year median of 199.51. Over the past 10 years, this metric has ranged from a low of 136.33 to a high of 293.42. The Hardware industry median Days Inventory is 94.29. Norbit ASA's value of 192.55 is 104.2% above this industry median. Based on the distribution chart, Norbit ASA ranks #1980 out of 2415 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Norbit ASA has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norbit ASA's Days Inventory compare to COHR and KEYS?
According to the Hardware industry distribution chart, Norbit ASA ranks #1980 out of 2415 companies for Days Inventory. This places Norbit ASA in the lower half of its industry. The industry median Days Inventory is 94.29. Norbit ASA's value of 192.55 is 104.2% above this benchmark. Historically, Norbit ASA's own Days Inventory has ranged from 136.33 to 293.42 over the past decade. While the company's 10-year median is 199.51 vs. the industry median of 94.29, Norbit ASA 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 Hardware company?
The median Days Inventory among Hardware companies is 94.29, based on 2,415 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. Norbit ASA's current Days Inventory of 192.55 is 104.2% 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 Norbit ASA and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norbit ASA's current Days Inventory is 192.55, which is near median its own 10-year median of 199.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norbit ASA stock overvalued right now?
Based on GuruFocus' analysis, Norbit ASA (CHIX:NORBTO) is currently considered Fairly Valued. The stock's GF Value™ is kr173.07, compared to a current price of kr168.30 — trading 2.8% below its estimated fair value. The current Days Inventory is 192.55, which is near median its 10-year median of 199.51 and 104.2% above the Hardware industry median of 94.29. Norbit ASA's overall GF Score™ is 77/100 with 1 warning sign 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 Norbit ASA (CHIX:NORBTO), the current Days Inventory is 192.55 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 Norbit ASA (CHIX:NORBTO) Overvalued in 2026?
Based on GuruFocus' analysis, Norbit ASA stock appears to be undervalued.
The current stock price of kr168.30 is trading 2.8% below its estimated GF Value™ of kr173.07.
GuruFocus considers Norbit ASA to be Fairly Valued.
Key valuation signals for CHIX:NORBTO:
Days Inventory: 192.55 (near median its 10-year median of 199.51)
GF Value™: kr173.07 vs. price of kr168.30 (2.8% below fair value)
Industry Position: 104.2% above the Hardware median (#1980 of 2415)
No single metric tells the full story. See the CHIX:NORBTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norbit ASA is a provider of tailored technology to selected applications by solving challenges through solutions. It is organised in three operating segments: Oceans, Connectivity and Product, Innovation & Realization (PIR). The Oceans segment delivers tailored technology solutions to the maritime markets, the Connectivity segment supplier of secure wireless technology for industrial and mission-critical applications - ranging from transportation infrastructure to navigation and defence-related environments, and the Product, Innovation & Realization (PIR) segment provides R&D products and services and contract manufacturing to key customers. The majority of the company's revenue is derived from the PIR segment.
77GF Score
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