DTNOF (DNO ASA) Days Inventory: 32.05 (As of Mar. 2026) — 10% Below Median


DTNOF DNO ASA DTNOF
71 GF Score
Price $1.65
GF Value $3.16
Valuation Possible Value Trap
! 4 Warning Signs
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What is DNO ASA Days Inventory?

DNO ASA DTNOF +2.24% 71 Days Inventory is 32.05 as of Mar. 2026, which is 10% below its 10-year median of 35.43. GuruFocus rates DTNOF with a GF Score™ of 71/100 and a GF Value™ of $3.16 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 687 Oil & Gas companies, DNO ASA ranks worse than 53.13% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). DNO ASA's Average Total Inventories for the three months ended in Mar. 2026 was $106 Mil. DNO ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was $301 Mil. Hence, DNO ASA's Days Inventory for the three months ended in Mar. 2026 was 32.05.

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

DTNOF' s Days Inventory Range Over the Past 10 Years
Min: 8.03   Med: 35.43   Max: 170.56
Current: 34.7

During the past 13 years, DNO ASA's highest Days Inventory was 170.56. The lowest was 8.03. And the median was 35.43.

DTNOF's Days Inventory is ranked worse than
53.13% of 687 companies
in the Oil & Gas industry
Industry Median: 31.01 vs DTNOF: 34.70

DNO ASA's Days Inventory declined from Mar. 2025 (55.50) to Mar. 2026 (32.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. DNO ASA's Inventory Turnover for the three months ended in Mar. 2026 was 2.85.

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. DNO ASA's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.17.


DNO ASA  (OTCPK:DTNOF) 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.

DNO 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.

DNO 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.


DNO ASA Days Inventory Related Terms


DNO ASA Days Inventory Historical Data

* Premium members only.

The historical data trend for DNO 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.

DNO ASA Days Inventory Chart

DNO ASA 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 32.00 32.78 62.43 68.44 37.64

DNO ASA 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 55.50 52.87 31.77 32.52 32.05

DTNOF vs COP, EOG, FANG: Days Inventory Comparison

For the Oil & Gas E&P subindustry, DNO 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.


DNO ASA Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DNO ASA's Days Inventory distribution charts can be found below:

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


DTNOF
71GF Score
DNO ASA DTNOF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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DNO ASA Days Inventory Calculation

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

DNO ASA'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
=( (74.8 + 105.7) / 2 ) / 875.2*365
=90.25 / 875.2*365
=37.64

DNO ASA'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
=( (105.7 + 105.4) / 2 ) / 300.5*365 / 4
=105.55 / 300.5*365 / 4
=32.05

* 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 32.05 mean?
DNO ASA (DTNOF) has a Days Inventory of 32.05 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on DNO ASA and its competitors. This is 10% below median its historical median of 35.43. Over the past decade, DNO ASA's Days Inventory has ranged from 8.03 to 170.56. According to the industry distribution chart, DNO ASA ranks #365 out of 687 companies in the Oil & Gas industry, placing it in the top 53.1%.
Is DNO ASA's Days Inventory too high?
DNO ASA's current Days Inventory of 32.05 is 10% below median its 10-year median of 35.43. Over the past 10 years, this metric has ranged from a low of 8.03 to a high of 170.56. The Oil & Gas industry median Days Inventory is 31.01. DNO ASA's value of 32.05 is 3.4% above this industry median. Based on the distribution chart, DNO ASA ranks #365 out of 687 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, DNO ASA has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DNO ASA's Days Inventory compare to COP and EOG?
According to the Oil & Gas industry distribution chart, DNO ASA ranks #365 out of 687 companies for Days Inventory. This places DNO ASA in the lower half of its industry. The industry median Days Inventory is 31.01. DNO ASA's value of 32.05 is 3.4% above this benchmark. Historically, DNO ASA's own Days Inventory has ranged from 8.03 to 170.56 over the past decade. While the company's 10-year median is 35.43 vs. the industry median of 31.01, DNO 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 an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.01, based on 687 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. DNO ASA's current Days Inventory of 32.05 is 3.4% 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 DNO ASA and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNO ASA's current Days Inventory is 32.05, which is 10% below median its own 10-year median of 35.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNO ASA stock overvalued right now?
Based on GuruFocus' analysis, DNO ASA (DTNOF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.16, compared to a current price of $1.65 — trading 47.9% below its estimated fair value. The current Days Inventory is 32.05, which is 10% below median its 10-year median of 35.43 and 3.4% above the Oil & Gas industry median of 31.01. DNO ASA's overall GF Score™ is 71/100 with 4 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 DNO ASA (DTNOF), the current Days Inventory is 32.05 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 DNO ASA (DTNOF) Overvalued in 2026?

Based on GuruFocus' analysis, DNO ASA stock appears to be undervalued. The current stock price of $1.65 is trading 47.9% below its estimated GF Value™ of $3.16. GuruFocus considers DNO ASA to be Possible Value Trap.

Key valuation signals for DTNOF:

  • Days Inventory: 32.05 (10% below median its 10-year median of 35.43)
  • GF Value™: $3.16 vs. price of $1.65 (47.9% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 3.4% above the Oil & Gas median (#365 of 687)

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


DNO ASA Business Description

Industry EnergyOil & Gas
Address Dokkveien 1, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. Its producing assets are located across the North Sea, which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, the sale of gas, and natural gas liquids.
71GF Score

Get the complete analysis for DTNOF

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

$1.65
Price
$3.16
GF Value