Carlsberg AS (LTS:0AI4) Days Inventory: 57.25 (As of Dec. 2025) — 12% Above Median


LTS:0AI4 Carlsberg AS LTS:0AI4
81 GF Score
Price kr877.00
GF Value kr1,087.85
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Carlsberg AS Days Inventory?

Carlsberg AS LTS:0AI4 +1.89% 81 Days Inventory is 57.25 as of Dec. 2025, which is 12% above its 10-year median of 51.02. GuruFocus rates LTS:0AI4 with a GF Score™ of 81/100 and a GF Value™ of kr1,087.85 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 203 Beverages - Alcoholic companies, Carlsberg AS ranks better than 90.15% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Carlsberg AS's Average Total Inventories for the six months ended in Dec. 2025 was kr7,565 Mil. Carlsberg AS's Cost of Goods Sold for the six months ended in Dec. 2025 was kr24,112 Mil. Hence, Carlsberg AS's Days Inventory for the six months ended in Dec. 2025 was 57.25.

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

LTS:0AI4' s Days Inventory Range Over the Past 10 Years
Min: 45.52   Med: 51.02   Max: 57.91
Current: 52.5

During the past 13 years, Carlsberg AS's highest Days Inventory was 57.91. The lowest was 45.52. And the median was 51.02.

LTS:0AI4's Days Inventory is ranked better than
90.15% of 203 companies
in the Beverages - Alcoholic industry
Industry Median: 163.82 vs LTS:0AI4: 52.50

Carlsberg AS's Days Inventory declined from Dec. 2024 (57.69) to Dec. 2025 (57.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Carlsberg AS's Inventory Turnover for the six months ended in Dec. 2025 was 3.19.

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. Carlsberg AS's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.17.


Carlsberg AS  (LTS:0AI4) 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.

Carlsberg 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.

Carlsberg 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.


Carlsberg AS Days Inventory Related Terms


Carlsberg AS Days Inventory Historical Data

* Premium members only.

The historical data trend for Carlsberg 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.

Carlsberg AS Days Inventory Chart

Carlsberg AS 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 57.91 53.08 51.63 52.84 48.79

Carlsberg AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 57.52 53.84 57.69 51.53 57.25

LTS:0AI4 vs BUD, STZ, TAP: Days Inventory Comparison

For the Beverages - Brewers subindustry, Carlsberg 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.


Carlsberg AS Days Inventory vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg AS's Days Inventory distribution charts can be found below:

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


LTS:0AI4
81GF Score
Carlsberg AS LTS:0AI4
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Carlsberg AS Days Inventory Calculation

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

Carlsberg 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
=( (5953 + 7110) / 2 ) / 48859*365
=6531.5 / 48859*365
=48.79

Carlsberg 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: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (8019 + 7110) / 2 ) / 24112*365 / 2
=7564.5 / 24112*365 / 2
=57.25

* 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 57.25 mean?
Carlsberg AS (LTS:0AI4) has a Days Inventory of 57.25 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Carlsberg AS and its competitors. This is 12% above median its historical median of 51.02. Over the past decade, Carlsberg AS's Days Inventory has ranged from 45.52 to 57.91. According to the industry distribution chart, Carlsberg AS ranks #20 out of 203 companies in the Beverages - Alcoholic industry, placing it in the top 9.9%.
Is Carlsberg AS's Days Inventory too high?
Carlsberg AS's current Days Inventory of 57.25 is 12% above median its 10-year median of 51.02. Over the past 10 years, this metric has ranged from a low of 45.52 to a high of 57.91. The Beverages - Alcoholic industry median Days Inventory is 163.82. Carlsberg AS's value of 57.25 is 65.1% below this industry median. Based on the distribution chart, Carlsberg AS ranks #20 out of 203 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Carlsberg AS has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlsberg AS's Days Inventory compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Carlsberg AS ranks #20 out of 203 companies for Days Inventory. This places Carlsberg AS in the top 10% of its industry — outperforming the majority of peers. The industry median Days Inventory is 163.82. Carlsberg AS's value of 57.25 is 65.1% below this benchmark. Historically, Carlsberg AS's own Days Inventory has ranged from 45.52 to 57.91 over the past decade. While the company's 10-year median is 51.02 vs. the industry median of 163.82, Carlsberg 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 Beverages - Alcoholic company?
The median Days Inventory among Beverages - Alcoholic companies is 163.82, based on 203 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. Carlsberg AS's current Days Inventory of 57.25 is 65.1% 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 Carlsberg AS and its competitors. For the Beverages - Alcoholic industry, the median Days Inventory is 163.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlsberg AS's current Days Inventory is 57.25, which is 12% above median its own 10-year median of 51.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlsberg AS stock overvalued right now?
Based on GuruFocus' analysis, Carlsberg AS (LTS:0AI4) is currently considered Modestly Undervalued. The stock's GF Value™ is kr1,087.85, compared to a current price of kr877.00 — trading 19.4% below its estimated fair value. The current Days Inventory is 57.25, which is 12% above median its 10-year median of 51.02 and 65.1% below the Beverages - Alcoholic industry median of 163.82. Carlsberg AS's overall GF Score™ is 81/100 with 4 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 Carlsberg AS (LTS:0AI4), the current Days Inventory is 57.25 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.

Is Carlsberg AS (LTS:0AI4) Overvalued in 2026?

Based on GuruFocus' analysis, Carlsberg AS stock appears to be undervalued. The current stock price of kr877.00 is trading 19.4% below its estimated GF Value™ of kr1,087.85. GuruFocus considers Carlsberg AS to be Modestly Undervalued.

Key valuation signals for LTS:0AI4:

  • Days Inventory: 57.25 (12% above median its 10-year median of 51.02)
  • GF Value™: kr1,087.85 vs. price of kr877.00 (19.4% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 65.1% below the Beverages - Alcoholic median (#20 of 203)

No single metric tells the full story. See the LTS:0AI4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carlsberg AS Business Description

Address J.C. Jacobsens Gade 1, Copenhagen, DNK, 1799
Carlsberg is the third-largest brewer in the world after Anheuser-Busch InBev and Heineken. It holds leading share in Scandinavia, western China, and several other markets in Asia. Its key brands include Carlsberg, 1664, Tuborg, Holsten, and Somersby. The company's 2025 beverage volume was split among Western Europe (42%), Eastern Europe and India (28%), and Asia (30%).
81GF Score

Get the complete analysis for LTS:0AI4

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

kr877.00
Price
kr1,087.85
GF Value