FRHC (Freedom Holding) Days Inventory: 8.11 (As of Mar. 2026) — 361% Above Median


FRHC Freedom Holding Corp FRHC
84 GF Score
Price $128.38
GF Value $153.27
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Freedom Holding Days Inventory?

Freedom Holding FRHC -0.53% 84 Days Inventory is 8.11 as of Mar. 2026, which is 361% above its 10-year median of 1.76. GuruFocus rates FRHC with a GF Score™ of 84/100 and a GF Value™ of $153.27 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 42 Diversified Financial Services companies, Freedom Holding ranks better than 88.1% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Freedom Holding's Average Total Inventories for the three months ended in Mar. 2026 was $18 Mil. Freedom Holding's Cost of Goods Sold for the three months ended in Mar. 2026 was $198 Mil. Hence, Freedom Holding's Days Inventory for the three months ended in Mar. 2026 was 8.11.

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

FRHC' s Days Inventory Range Over the Past 10 Years
Min: 1.71   Med: 1.76   Max: 4.46
Current: 4.46

During the past 13 years, Freedom Holding's highest Days Inventory was 4.46. The lowest was 1.71. And the median was 1.76.

FRHC's Days Inventory is ranked better than
88.1% of 42 companies
in the Diversified Financial Services industry
Industry Median: 70.815 vs FRHC: 4.46

Freedom Holding's Days Inventory increased from Mar. 2025 (2.63) to Mar. 2026 (8.11). It might indicate that Freedom Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Freedom Holding's Inventory Turnover for the three months ended in Mar. 2026 was 11.26.

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. Freedom Holding's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.03.


Freedom Holding  (NAS:FRHC) 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.

Freedom Holding'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.

Freedom Holding'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.


Freedom Holding Days Inventory Related Terms


Freedom Holding Days Inventory Historical Data

* Premium members only.

The historical data trend for Freedom Holding'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.

Freedom Holding Days Inventory Chart

Freedom Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.76 1.71 4.46

Freedom Holding 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 2.63 2.15 0.00 0.00 8.11

FRHC vs VOYA, HTH, TREE: Days Inventory Comparison

For the Financial Conglomerates subindustry, Freedom Holding'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.


Freedom Holding Days Inventory vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Freedom Holding's Days Inventory distribution charts can be found below:

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


FRHC
84GF Score
Freedom Holding Corp FRHC
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Freedom Holding Days Inventory Calculation

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

Freedom Holding's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (6.402 + 17.623) / 2 ) / 983.977*365
=12.0125 / 983.977*365
=4.46

Freedom Holding'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
=( (0 + 17.623) / 1 ) / 198.39*365 / 4
=17.623 / 198.39*365 / 4
=8.11

* 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 8.11 mean?
Freedom Holding (FRHC) has a Days Inventory of 8.11 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Freedom Holding and its competitors. This is 361% above median its historical median of 1.76. Over the past decade, Freedom Holding's Days Inventory has ranged from 1.71 to 4.46. According to the industry distribution chart, Freedom Holding ranks #5 out of 42 companies in the Diversified Financial Services industry, placing it in the top 11.9%.
Is Freedom Holding's Days Inventory too high?
Freedom Holding's current Days Inventory of 8.11 is 361% above median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 4.46. The Diversified Financial Services industry median Days Inventory is 70.82. Freedom Holding's value of 8.11 is 88.5% below this industry median. Based on the distribution chart, Freedom Holding ranks #5 out of 42 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Freedom Holding has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Freedom Holding's Days Inventory compare to VOYA and HTH?
According to the Diversified Financial Services industry distribution chart, Freedom Holding ranks #5 out of 42 companies for Days Inventory. This places Freedom Holding in the top 12% of its industry — outperforming the majority of peers. The industry median Days Inventory is 70.82. Freedom Holding's value of 8.11 is 88.5% below this benchmark. Historically, Freedom Holding's own Days Inventory has ranged from 1.71 to 4.46 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 70.82, Freedom Holding 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 Diversified Financial Services company?
The median Days Inventory among Diversified Financial Services companies is 70.82, based on 42 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. Freedom Holding's current Days Inventory of 8.11 is 88.5% 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 Freedom Holding and its competitors. For the Diversified Financial Services industry, the median Days Inventory is 70.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freedom Holding's current Days Inventory is 8.11, which is 361% above median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freedom Holding stock overvalued right now?
Based on GuruFocus' analysis, Freedom Holding (FRHC) is currently considered Modestly Undervalued. The stock's GF Value™ is $153.27, compared to a current price of $128.38 — trading 16.2% below its estimated fair value. The current Days Inventory is 8.11, which is 361% above median its 10-year median of 1.76 and 88.5% below the Diversified Financial Services industry median of 70.82. Freedom Holding's overall GF Score™ is 84/100 with 11 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 Freedom Holding (FRHC), the current Days Inventory is 8.11 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 Freedom Holding (FRHC) Overvalued in 2026?

Based on GuruFocus' analysis, Freedom Holding stock appears to be undervalued. The current stock price of $128.38 is trading 16.2% below its estimated GF Value™ of $153.27. GuruFocus considers Freedom Holding to be Modestly Undervalued.

Key valuation signals for FRHC:

  • Days Inventory: 8.11 (361% above median its 10-year median of 1.76)
  • GF Value™: $153.27 vs. price of $128.38 (16.2% below fair value)
  • GF Score™: 84/100 with 11 warning signs
  • Industry Position: 88.5% below the Diversified Financial Services median (#5 of 42)

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


Freedom Holding Business Description

Address 40 Wall Street, 58th Floor, New York, NY, USA, 10005
Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.
84GF Score

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

$128.38
Price
$153.27
GF Value