Ace Digital AS (FRA:ZR9) Days Inventory: 36.46 (As of Dec. 2025) — Near Median

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FRA:ZR9 Ace Digital AS FRA:ZR9
12 GF Score
Price €0.03
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What is Ace Digital AS Days Inventory?

Ace Digital AS FRA:ZR9 +3.92% 12 Days Inventory is 36.46 as of Dec. 2025, which is 0% above its 10-year median of 36.38. GuruFocus rates FRA:ZR9 with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 230 Capital Markets companies, Ace Digital AS ranks better than 58.26% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ace Digital AS's Average Total Inventories for the six months ended in Dec. 2025 was €0.75 Mil. Ace Digital AS's Cost of Goods Sold for the six months ended in Dec. 2025 was €7.50 Mil. Hence, Ace Digital AS's Days Inventory for the six months ended in Dec. 2025 was 18.23.

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

FRA:ZR9' s Days Inventory Range Over the Past 10 Years
Min: 27.51   Med: 36.38   Max: 302.24
Current: 36.38

During the past 4 years, Ace Digital AS's highest Days Inventory was 302.24. The lowest was 27.51. And the median was 36.38.

FRA:ZR9's Days Inventory is ranked better than
58.26% of 230 companies
in the Capital Markets industry
Industry Median: 63.24 vs FRA:ZR9: 36.38

Ace Digital AS's Days Inventory declined from Dec. 2023 (302.07) to Dec. 2025 (36.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ace Digital AS's Inventory Turnover for the six months ended in Dec. 2025 was 10.01.

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. Ace Digital AS's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.14.


Ace Digital AS  (FRA:ZR9) 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.

Ace Digital AS's Inventory Turnover for the six months ended in Dec. 2025 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.

Ace Digital AS's Inventory to Revenue for the six months ended in Dec. 2025 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.


Ace Digital AS Days Inventory Related Terms


Ace Digital AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Ace Digital AS'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.

Ace Digital AS Days Inventory Chart

Ace Digital AS Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Inventory
0.00 302.07 27.56 36.46

Ace Digital AS Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Days Inventory 0.00 302.07 27.56 36.46

FRA:ZR9 vs MS, GS, SCHW: Days Inventory Comparison

For the Capital Markets subindustry, Ace Digital AS'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.


Ace Digital AS Days Inventory vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ace Digital AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ace Digital AS's Days Inventory falls into.


FRA:ZR9
12GF Score
Ace Digital AS FRA:ZR9
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ace Digital AS Days Inventory Calculation

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

Ace Digital AS'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
=( (0.514 + 0.984) / 2 ) / 7.498*365
=0.749 / 7.498*365
=36.46

Ace Digital AS's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.514 + 0.984) / 2 ) / 7.498*365 / 2
=0.749 / 7.498*365 / 2
=18.23

* 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 36.46 mean?
Ace Digital AS (FRA:ZR9) has a Days Inventory of 36.46 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ace Digital AS and its competitors. This is near median its historical median of 36.38. Over the past decade, Ace Digital AS's Days Inventory has ranged from 27.51 to 302.24. According to the industry distribution chart, Ace Digital AS ranks #96 out of 230 companies in the Capital Markets industry, placing it in the top 41.7%.
Is Ace Digital AS's Days Inventory too high?
Ace Digital AS's current Days Inventory of 36.46 is near median its 10-year median of 36.38. Over the past 10 years, this metric has ranged from a low of 27.51 to a high of 302.24. The Capital Markets industry median Days Inventory is 63.24. Ace Digital AS's value of 36.46 is 42.3% below this industry median. Based on the distribution chart, Ace Digital AS ranks #96 out of 230 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Ace Digital AS has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ace Digital AS's Days Inventory compare to MS and GS?
According to the Capital Markets industry distribution chart, Ace Digital AS ranks #96 out of 230 companies for Days Inventory. This puts Ace Digital AS in the upper half of its industry. The industry median Days Inventory is 63.24. Ace Digital AS's value of 36.46 is 42.3% below this benchmark. Historically, Ace Digital AS's own Days Inventory has ranged from 27.51 to 302.24 over the past decade. While the company's 10-year median is 36.38 vs. the industry median of 63.24, Ace Digital AS 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 Capital Markets company?
The median Days Inventory among Capital Markets companies is 63.24, based on 230 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. Ace Digital AS's current Days Inventory of 36.46 is 42.3% 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 Ace Digital AS and its competitors. For the Capital Markets industry, the median Days Inventory is 63.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ace Digital AS's current Days Inventory is 36.46, which is near median its own 10-year median of 36.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ace Digital AS stock overvalued right now?
Ace Digital AS (FRA:ZR9) has a current Days Inventory of 36.46. The current Days Inventory is 36.46, which is near median its 10-year median of 36.38 and 42.3% below the Capital Markets industry median of 63.24. Ace Digital AS's overall GF Score™ is 12/100 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 Ace Digital AS (FRA:ZR9), the current Days Inventory is 36.46 as of Dec. 2025. 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.

Ace Digital AS Business Description

Other Exchanges ACED:Norway
Address Haakon VIIs gate 1, Oslo, NOR, 0161
Ace Digital AS is an investment holding company. The company focuses on investing in and managing businesses in the Bitcoin ecosystem. The company's purpose is to be an attractive way to participate in that thesis - through a structure designed to do more than hold Bitcoin passively. It is building a Bitcoin platform. The company uses Bitcoin as a main asset while offering products and services.
12GF Score

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