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.
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.
IPAS IndexoFRA:S9S 71 Days Inventory is 67.34 as of Mar. 2026, which is 23% below its 10-year median of 87.35. GuruFocus rates FRA:S9S with a GF Score™ of 71/100 and a GF Value™ of €14.29. The stock has 8 warning signs investors should review. Among 165 Asset Management companies, IPAS Indexo ranks worse than 72.73% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). IPAS Indexo's Average Total Inventories for the
three
months ended in Mar. 2026 was €3.03 Mil. IPAS Indexo's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €4.11 Mil.
Hence, IPAS Indexo's Days Inventory for the
three
months ended in Mar. 2026 was 67.34.
The historical rank and industry rank for IPAS Indexo's Days Inventory or its related term are showing as below:
FRA:S9S'
s Days Inventory Range Over the Past 10 Years
Min: 6.94 Med: 87.35 Max: 195.41
Current: 195.41
During the past 8 years, IPAS Indexo's highest Days Inventory was 195.41. The lowest was 6.94. And the median was 87.35.
FRA:S9S's Days Inventory is ranked worse than 72.73% of 165
companies
in the Asset Management industry
Industry Median: 79.59
vs FRA:S9S: 195.41
IPAS Indexo's Days Inventory
increased
from Mar. 2025 (7.13) to Mar. 2026 (67.34).
It might indicate that IPAS Indexo's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
IPAS Indexo's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.35.
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.
IPAS Indexo's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.77.
IPAS Indexo (FRA:S9S) 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.
IPAS Indexo'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.
IPAS Indexo'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.
IPAS Indexo Days Inventory Related Terms
IPAS Indexo Days Inventory Historical Data
* Premium members only.
The historical data trend for IPAS Indexo'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.
FRA:S9S vs BLK, BX, KKR: Days Inventory Comparison
For the Asset Management subindustry, IPAS Indexo'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.
IPAS Indexo Days Inventory vs Asset Management Industry
For the Asset Management industry and Financial Services sector, IPAS Indexo's Days Inventory distribution charts can be found below:
* The bar in red indicates where IPAS Indexo'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.
IPAS Indexo (FRA:S9S) has a Days Inventory of 67.34 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on IPAS Indexo and its competitors. This is 23% below median its historical median of 87.35. Over the past decade, IPAS Indexo's Days Inventory has ranged from 6.94 to 195.41. According to the industry distribution chart, IPAS Indexo ranks #120 out of 165 companies in the Asset Management industry, placing it in the top 72.7%.
Is IPAS Indexo's Days Inventory too high?
IPAS Indexo's current Days Inventory of 67.34 is 23% below median its 10-year median of 87.35. Over the past 10 years, this metric has ranged from a low of 6.94 to a high of 195.41. The Asset Management industry median Days Inventory is 79.59. IPAS Indexo's value of 67.34 is 15.4% below this industry median. Based on the distribution chart, IPAS Indexo ranks #120 out of 165 companies in the Asset Management industry, which is below the industry midpoint. Overall, IPAS Indexo has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does IPAS Indexo's Days Inventory compare to BLK and BX?
According to the Asset Management industry distribution chart, IPAS Indexo ranks #120 out of 165 companies for Days Inventory. This places IPAS Indexo in the lower half of its industry. The industry median Days Inventory is 79.59. IPAS Indexo's value of 67.34 is 15.4% below this benchmark. Historically, IPAS Indexo's own Days Inventory has ranged from 6.94 to 195.41 over the past decade. While the company's 10-year median is 87.35 vs. the industry median of 79.59, IPAS Indexo 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 Asset Management company?
The median Days Inventory among Asset Management companies is 79.59, based on 165 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. IPAS Indexo's current Days Inventory of 67.34 is 15.4% 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 IPAS Indexo and its competitors. For the Asset Management industry, the median Days Inventory is 79.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPAS Indexo's current Days Inventory is 67.34, which is 23% below median its own 10-year median of 87.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPAS Indexo stock overvalued right now?
IPAS Indexo (FRA:S9S) has a current Days Inventory of 67.34. The stock's GF Value™ is €14.29, compared to a current price of €8.18 — trading 42.8% below its estimated fair value. The current Days Inventory is 67.34, which is 23% below median its 10-year median of 87.35 and 15.4% below the Asset Management industry median of 79.59. IPAS Indexo's overall GF Score™ is 71/100 with 8 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 IPAS Indexo (FRA:S9S), the current Days Inventory is 67.34 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 IPAS Indexo (FRA:S9S) Overvalued in 2026?
Based on GuruFocus' analysis, IPAS Indexo stock appears to be undervalued.
The current stock price of €8.18 is trading 42.8% below its estimated GF Value™ of €14.29.
Key valuation signals for FRA:S9S:
Days Inventory: 67.34 (23% below median its 10-year median of 87.35)
GF Value™: €14.29 vs. price of €8.18 (42.8% below fair value)
Industry Position: 15.4% below the Asset Management median (#120 of 165)
No single metric tells the full story. See the FRA:S9S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPAS Indexo is a licensed investment management company. Along with its subsidiaries, it operates in the following segments: Asset management, Bank development, and Non-bank lending. Maximum revenue is generated from the Asset Management segment, which includes management of the assets of state-funded pension scheme investment plans and private pension scheme investment plans. The Bank development segment represents the income generated from the provision of various banking services (including accepting deposits, granting loans, offering payment solutions, issuing credit cards, etc.) by its banking subsidiary, and the Non-bank lending represents its non-bank lending activities. Geographically, the group's maximum revenue is generated from Latvia, and rest from the European Economic Area.
71GF Score
Get the complete analysis for FRA:S9S
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:S9S has been successfully added to your 
