Sappi (FRA:SPI) Days Inventory: 55.86 (As of Mar. 2026) — Near Median


FRA:SPI Sappi Ltd FRA:SPI
52 GF Score
Price €0.46
GF Value €1.74
Valuation Possible Value Trap
! 6 Warning Signs
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What is Sappi Days Inventory?

Sappi FRA:SPI +0.88% 52 Days Inventory is 55.86 as of Mar. 2026, which is 2% above its 10-year median of 54.50. GuruFocus rates FRA:SPI with a GF Score™ of 52/100 and a GF Value™ of €1.74 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 271 Forest Products companies, Sappi ranks better than 73.06% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Sappi's Average Total Inventories for the three months ended in Mar. 2026 was €730 Mil. Sappi's Cost of Goods Sold for the three months ended in Mar. 2026 was €1,192 Mil. Hence, Sappi's Days Inventory for the three months ended in Mar. 2026 was 55.86.

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

FRA:SPI' s Days Inventory Range Over the Past 10 Years
Min: 45.5   Med: 54.5   Max: 65.23
Current: 62.07

During the past 13 years, Sappi's highest Days Inventory was 65.23. The lowest was 45.50. And the median was 54.50.

FRA:SPI's Days Inventory is ranked better than
73.06% of 271 companies
in the Forest Products industry
Industry Median: 90.54 vs FRA:SPI: 62.07

Sappi's Days Inventory declined from Mar. 2025 (65.55) to Mar. 2026 (55.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sappi's Inventory Turnover for the three months ended in Mar. 2026 was 1.63.

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. Sappi's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.63.


Sappi  (FRA:SPI) 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.

Sappi'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.

Sappi'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.


Sappi Days Inventory Related Terms


Sappi Days Inventory Historical Data

* Premium members only.

The historical data trend for Sappi'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.

Sappi Days Inventory Chart

Sappi Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.56 45.82 60.23 64.08 63.80

Sappi 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 65.55 66.29 62.24 64.13 55.86

FRA:SPI vs SLVM: Days Inventory Comparison

For the Paper & Paper Products subindustry, Sappi'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.


Sappi Days Inventory vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sappi's Days Inventory distribution charts can be found below:

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


FRA:SPI
52GF Score
Sappi Ltd FRA:SPI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sappi Days Inventory Calculation

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

Sappi's Days Inventory for the fiscal year that ended in Sep. 2025 is calculated as

Days Inventory (A: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (753.236 + 701.196) / 2 ) / 4160.316*365
=727.216 / 4160.316*365
=63.80

Sappi'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
=( (734.44 + 724.87) / 2 ) / 1191.97*365 / 4
=729.655 / 1191.97*365 / 4
=55.86

* 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 55.86 mean?
Sappi (FRA:SPI) has a Days Inventory of 55.86 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sappi and its competitors. This is near median its historical median of 54.50. Over the past decade, Sappi's Days Inventory has ranged from 45.50 to 65.23. According to the industry distribution chart, Sappi ranks #73 out of 271 companies in the Forest Products industry, placing it in the top 26.9%.
Is Sappi's Days Inventory too high?
Sappi's current Days Inventory of 55.86 is near median its 10-year median of 54.50. Over the past 10 years, this metric has ranged from a low of 45.50 to a high of 65.23. The Forest Products industry median Days Inventory is 90.54. Sappi's value of 55.86 is 38.3% below this industry median. Based on the distribution chart, Sappi ranks #73 out of 271 companies in the Forest Products industry, which is above the industry midpoint. Overall, Sappi has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sappi's Days Inventory compare to SLVM?
According to the Forest Products industry distribution chart, Sappi ranks #73 out of 271 companies for Days Inventory. This puts Sappi in the upper half of its industry. The industry median Days Inventory is 90.54. Sappi's value of 55.86 is 38.3% below this benchmark. Historically, Sappi's own Days Inventory has ranged from 45.50 to 65.23 over the past decade. While the company's 10-year median is 54.50 vs. the industry median of 90.54, Sappi 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 a Forest Products company?
The median Days Inventory among Forest Products companies is 90.54, based on 271 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. Sappi's current Days Inventory of 55.86 is 38.3% 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 Sappi and its competitors. For the Forest Products industry, the median Days Inventory is 90.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sappi's current Days Inventory is 55.86, which is near median its own 10-year median of 54.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sappi stock overvalued right now?
Based on GuruFocus' analysis, Sappi (FRA:SPI) is currently considered Possible Value Trap. The stock's GF Value™ is €1.74, compared to a current price of €0.46 — trading 73.8% below its estimated fair value. The current Days Inventory is 55.86, which is near median its 10-year median of 54.50 and 38.3% below the Forest Products industry median of 90.54. Sappi's overall GF Score™ is 52/100 with 6 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 Sappi (FRA:SPI), the current Days Inventory is 55.86 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 Sappi (FRA:SPI) Overvalued in 2026?

Based on GuruFocus' analysis, Sappi stock appears to be undervalued. The current stock price of €0.46 is trading 73.8% below its estimated GF Value™ of €1.74. GuruFocus considers Sappi to be Possible Value Trap.

Key valuation signals for FRA:SPI:

  • Days Inventory: 55.86 (near median its 10-year median of 54.50)
  • GF Value™: €1.74 vs. price of €0.46 (73.8% below fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 38.3% below the Forest Products median (#73 of 271)

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


Sappi Business Description

Address 108 Oxford Road, Ground Floor, Houghton Estate, Rosebank, Oxford Room, Johannesburg, GT, ZAF, 2198
Sappi Ltd is engaged in the manufacturing of sustainable woodfibre-based products including specialty and packaging papers, graphic papers, release papers, pulp, and biomaterials like lignin and furfural from renewable resources. The products and services include Dissolving pulp, Graphic papers, Packaging and specialty papers, Casting and release papers, Biomaterials and Bio-energy. The company's geographical segments include Europe, North America and South Africa. The majority of revenue is generated from South Africa.
52GF Score

Get the complete analysis for FRA:SPI

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

€0.46
Price
€1.74
GF Value