Northern Oil & Gas (HAM:4LT1) Days Inventory: 0.00 (As of Mar. 2026)

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.

HAM:4LT1 Northern Oil & Gas Inc HAM:4LT1
56 GF Score
Price €17.92
GF Value €26.53
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Northern Oil & Gas Days Inventory?

Northern Oil & Gas HAM:4LT1 +1.33% 56 Days Inventory is 0.00 as of Mar. 2026. GuruFocus rates HAM:4LT1 with a GF Score™ of 56/100 and a GF Value™ of €26.53 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 685 Oil & Gas companies, Northern Oil & Gas ranks worse than 145985.26% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Northern Oil & Gas's Average Total Inventories for the three months ended in Mar. 2026 was €0 Mil. Northern Oil & Gas's Cost of Goods Sold for the three months ended in Mar. 2026 was €316 Mil. Hence, Northern Oil & Gas's Days Inventory for the three months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Northern Oil & Gas's Days Inventory or its related term are showing as below:

HAM:4LT1's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 30.99
* Ranked among companies with meaningful Days Inventory only.

Northern Oil & Gas's Days Inventory stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Northern Oil & Gas's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.00.


Northern Oil & Gas  (HAM:4LT1) 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.

Northern Oil & Gas'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.

Northern Oil & Gas'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.


Northern Oil & Gas Days Inventory Related Terms


Northern Oil & Gas Days Inventory Historical Data

* Premium members only.

The historical data trend for Northern Oil & Gas'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.

Northern Oil & Gas Days Inventory Chart

Northern Oil & Gas 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 0.00 0.00 0.00 0.00 0.00

Northern Oil & Gas 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 0.00 0.00 0.00 0.00 0.00

HAM:4LT1 vs MNR, TALO, KRP: Days Inventory Comparison

For the Oil & Gas E&P subindustry, Northern Oil & Gas'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.


Northern Oil & Gas Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Northern Oil & Gas's Days Inventory distribution charts can be found below:

* The bar in red indicates where Northern Oil & Gas's Days Inventory falls into.


HAM:4LT1
56GF Score
Northern Oil & Gas Inc HAM:4LT1
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Oil & Gas Days Inventory Calculation

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

Northern Oil & Gas'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 + 0) / 1 ) / 1212.559*365
=0 / 1212.559*365
=0.00

Northern Oil & Gas'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 + 0) / 1 ) / 315.888*365 / 4
=0 / 315.888*365 / 4
=0.00

* 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 0.00 mean?
Northern Oil & Gas (HAM:4LT1) has a Days Inventory of 0.00 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Northern Oil & Gas and its competitors. According to the industry distribution chart, Northern Oil & Gas ranks #999999 out of 685 companies in the Oil & Gas industry.
Is Northern Oil & Gas' Days Inventory too high?
Northern Oil & Gas' current Days Inventory is 0.00. Based on the distribution chart, Northern Oil & Gas ranks #999999 out of 685 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Northern Oil & Gas has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Oil & Gas' Days Inventory compare to MNR and TALO?
According to the Oil & Gas industry distribution chart, Northern Oil & Gas ranks #999999 out of 685 companies for Days Inventory. This places Northern Oil & Gas in the lower half of its industry. The industry median Days Inventory is 30.99. 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 Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 30.99, based on 685 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. 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 Northern Oil & Gas and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Oil & Gas's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Oil & Gas stock overvalued right now?
Based on GuruFocus' analysis, Northern Oil & Gas (HAM:4LT1) is currently considered Possible Value Trap. The stock's GF Value™ is €26.53, compared to a current price of €17.92 — trading 32.5% below its estimated fair value. The current Days Inventory is 0.00. Northern Oil & Gas' overall GF Score™ is 56/100 with 5 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 Northern Oil & Gas (HAM:4LT1), the current Days Inventory is 0.00 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 Northern Oil & Gas (HAM:4LT1) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Oil & Gas stock appears to be undervalued. The current stock price of €17.92 is trading 32.5% below its estimated GF Value™ of €26.53. GuruFocus considers Northern Oil & Gas to be Possible Value Trap.

Key valuation signals for HAM:4LT1:

  • Days Inventory: 0.00
  • GF Value™: €26.53 vs. price of €17.92 (32.5% below fair value)
  • GF Score™: 56/100 with 5 warning signs

No single metric tells the full story. See the HAM:4LT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges NOG:USA4LT1:Germany
Address 4350 Baker Road, Suite 400, Minnetonka, MN, USA, 55343
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production. The company's oil and natural gas sales come from three geographic areas in the United States: the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), the Uinta Basin, and the Appalachian Basin (Pennsylvania and Ohio).
56GF Score

Get the complete analysis for HAM:4LT1

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

€17.92
Price
€26.53
GF Value