Ardmore Shipping (FRA:A61) Days Inventory: 21.06 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:A61 Ardmore Shipping Corp FRA:A61
75 GF Score
Price €14.12
GF Value €11.06
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ardmore Shipping Days Inventory?

Ardmore Shipping FRA:A61 -3.88% 75 Days Inventory is 21.06 as of Jun. 2026, which is 5% above its 10-year median of 20.01. GuruFocus rates FRA:A61 with a GF Score™ of 75/100 and a GF Value™ of €11.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 800 Transportation companies, Ardmore Shipping ranks worse than 64.75% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ardmore Shipping's Average Total Inventories for the three months ended in Jun. 2026 was €11.7 Mil. Ardmore Shipping's Cost of Goods Sold for the three months ended in Jun. 2026 was €50.7 Mil. Hence, Ardmore Shipping's Days Inventory for the three months ended in Jun. 2026 was 21.06.

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

FRA:A61' s Days Inventory Range Over the Past 10 Years
Min: 16.55   Med: 20.01   Max: 22.55
Current: 17.98

During the past 13 years, Ardmore Shipping's highest Days Inventory was 22.55. The lowest was 16.55. And the median was 20.01.

FRA:A61's Days Inventory is ranked worse than
64.75% of 800 companies
in the Transportation industry
Industry Median: 12.32 vs FRA:A61: 17.98

Ardmore Shipping's Days Inventory increased from Jun. 2025 (19.53) to Jun. 2026 (21.06). It might indicate that Ardmore Shipping's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ardmore Shipping's Inventory Turnover for the three months ended in Jun. 2026 was 4.33.

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. Ardmore Shipping's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.12.


Ardmore Shipping  (FRA:A61) 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.

Ardmore Shipping's Inventory Turnover for the three 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.

Ardmore Shipping's Inventory to Revenue for the three 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.


Ardmore Shipping Days Inventory Related Terms


Ardmore Shipping Days Inventory Historical Data

* Premium members only.

The historical data trend for Ardmore Shipping'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.

Ardmore Shipping Days Inventory Chart

Ardmore Shipping 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 20.42 19.05 22.92 18.22 17.64

Ardmore Shipping Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 19.53 16.49 14.55 18.60 21.06

FRA:A61 vs SB, ESEA, PANL: Days Inventory Comparison

For the Marine Shipping subindustry, Ardmore Shipping'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.


Ardmore Shipping Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's Days Inventory distribution charts can be found below:

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


FRA:A61
75GF Score
Ardmore Shipping Corp FRA:A61
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ardmore Shipping Days Inventory Calculation

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

Ardmore Shipping'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
=( (10.799 + 7.611) / 2 ) / 190.443*365
=9.205 / 190.443*365
=17.64

Ardmore Shipping'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: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (11.279 + 12.122) / 2 ) / 50.698*365 / 4
=11.7005 / 50.698*365 / 4
=21.06

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 21.06 mean?
Ardmore Shipping (FRA:A61) has a Days Inventory of 21.06 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ardmore Shipping and its competitors. This is near median its historical median of 20.01. Over the past decade, Ardmore Shipping's Days Inventory has ranged from 16.55 to 22.55. According to the industry distribution chart, Ardmore Shipping ranks #518 out of 800 companies in the Transportation industry, placing it in the top 64.7%.
Is Ardmore Shipping's Days Inventory too high?
Ardmore Shipping's current Days Inventory of 21.06 is near median its 10-year median of 20.01. Over the past 10 years, this metric has ranged from a low of 16.55 to a high of 22.55. The Transportation industry median Days Inventory is 12.32. Ardmore Shipping's value of 21.06 is 70.9% above this industry median. Based on the distribution chart, Ardmore Shipping ranks #518 out of 800 companies in the Transportation industry, which is below the industry midpoint. Overall, Ardmore Shipping has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ardmore Shipping's Days Inventory compare to SB and ESEA?
According to the Transportation industry distribution chart, Ardmore Shipping ranks #518 out of 800 companies for Days Inventory. This places Ardmore Shipping in the lower half of its industry. The industry median Days Inventory is 12.32. Ardmore Shipping's value of 21.06 is 70.9% above this benchmark. Historically, Ardmore Shipping's own Days Inventory has ranged from 16.55 to 22.55 over the past decade. While the company's 10-year median is 20.01 vs. the industry median of 12.32, Ardmore Shipping 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 Transportation company?
The median Days Inventory among Transportation companies is 12.32, based on 800 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. Ardmore Shipping's current Days Inventory of 21.06 is 70.9% 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 Ardmore Shipping and its competitors. For the Transportation industry, the median Days Inventory is 12.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ardmore Shipping's current Days Inventory is 21.06, which is near median its own 10-year median of 20.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardmore Shipping stock overvalued right now?
Based on GuruFocus' analysis, Ardmore Shipping (FRA:A61) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.06, compared to a current price of €14.12 — trading 27.7% above its estimated fair value. The current Days Inventory is 21.06, which is near median its 10-year median of 20.01 and 70.9% above the Transportation industry median of 12.32. Ardmore Shipping's overall GF Score™ is 75/100 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 Ardmore Shipping (FRA:A61), the current Days Inventory is 21.06 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 Ardmore Shipping (FRA:A61) Overvalued in 2026?

Based on GuruFocus' analysis, Ardmore Shipping stock appears to be overvalued. The current stock price of €14.12 is trading 27.7% above its estimated GF Value™ of €11.06. GuruFocus considers Ardmore Shipping to be Modestly Overvalued.

Key valuation signals for FRA:A61:

  • Days Inventory: 21.06 (near median its 10-year median of 20.01)
  • GF Value™: €11.06 vs. price of €14.12 (27.7% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 70.9% above the Transportation median (#518 of 800)

No single metric tells the full story. See the FRA:A61 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ardmore Shipping Business Description

Other Exchanges ASC:USAA61:Germany
Address 7 Church Street, Dorchester House, Hamilton, BMU, HM11
Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The company markets its services directly to its customers and commercial pool operators and charters its vessels to them through a combination of spot, commercial pooling, and time-charter arrangements. The majority of its revenue is generated from spot voyages, which typically last less than three months.
75GF Score

Get the complete analysis for FRA:A61

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

€14.12
Price
€11.06
GF Value