Icelandair Group hf (LTS:0ERU) Days Inventory: 8.79 (As of Mar. 2026) — Near Median

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LTS:0ERU Icelandair Group hf LTS:0ERU
51 GF Score
Price kr5.87
GF Value kr10.40
! 2 Warning Signs
View Full Analysis

What is Icelandair Group hf Days Inventory?

Icelandair Group hf LTS:0ERU 51 Days Inventory is 8.79 as of Mar. 2026, which is 5% above its 10-year median of 8.34. GuruFocus rates LTS:0ERU with a GF Score™ of 51/100 and a GF Value™ of kr10.40. The stock has 2 warning signs investors should review. Among 802 Transportation companies, Icelandair Group hf ranks better than 63.59% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Icelandair Group hf's Average Total Inventories for the three months ended in Mar. 2026 was kr3,693 Mil. Icelandair Group hf's Cost of Goods Sold for the three months ended in Mar. 2026 was kr38,356 Mil. Hence, Icelandair Group hf's Days Inventory for the three months ended in Mar. 2026 was 8.79.

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

LTS:0ERU' s Days Inventory Range Over the Past 10 Years
Min: 7.09   Med: 8.34   Max: 16.45
Current: 7.44

During the past 13 years, Icelandair Group hf's highest Days Inventory was 16.45. The lowest was 7.09. And the median was 8.34.

LTS:0ERU's Days Inventory is ranked better than
63.59% of 802 companies
in the Transportation industry
Industry Median: 12.4 vs LTS:0ERU: 7.44

Icelandair Group hf's Days Inventory declined from Mar. 2025 (8.93) to Mar. 2026 (8.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Icelandair Group hf's Inventory Turnover for the three months ended in Mar. 2026 was 10.39.

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. Icelandair Group hf's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.09.


Icelandair Group hf  (LTS:0ERU) 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.

Icelandair Group hf'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.

Icelandair Group hf's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3693.2165 / 42512.415
=0.09

* 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.


Icelandair Group hf Days Inventory Related Terms


Icelandair Group hf Days Inventory Historical Data

* Premium members only.

The historical data trend for Icelandair Group hf'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.

Icelandair Group hf Days Inventory Chart

Icelandair Group hf 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 16.15 8.43 7.15 7.15 7.09

Icelandair Group hf 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 8.93 7.08 6.39 7.70 8.79

LTS:0ERU vs DAL, UAL, LUV: Days Inventory Comparison

For the Airlines subindustry, Icelandair Group hf'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.


Icelandair Group hf Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Icelandair Group hf's Days Inventory distribution charts can be found below:

* The bar in red indicates where Icelandair Group hf's Days Inventory falls into.


LTS:0ERU
51GF Score
Icelandair Group hf LTS:0ERU
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Icelandair Group hf Days Inventory Calculation

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

Icelandair Group hf'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
=( (3076.435 + 3534.985) / 2 ) / 170205.44*365
=3305.71 / 170205.44*365
=7.09

Icelandair Group hf'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
=( (3534.985 + 3851.448) / 2 ) / 38355.685*365 / 4
=3693.2165 / 38355.685*365 / 4
=8.79

* 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 8.79 mean?
Icelandair Group hf (LTS:0ERU) has a Days Inventory of 8.79 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Icelandair Group hf and its competitors. This is near median its historical median of 8.34. Over the past decade, Icelandair Group hf's Days Inventory has ranged from 7.09 to 16.45. According to the industry distribution chart, Icelandair Group hf ranks #292 out of 802 companies in the Transportation industry, placing it in the top 36.4%.
Is Icelandair Group hf's Days Inventory too high?
Icelandair Group hf's current Days Inventory of 8.79 is near median its 10-year median of 8.34. Over the past 10 years, this metric has ranged from a low of 7.09 to a high of 16.45. The Transportation industry median Days Inventory is 12.40. Icelandair Group hf's value of 8.79 is 29.1% below this industry median. Based on the distribution chart, Icelandair Group hf ranks #292 out of 802 companies in the Transportation industry, which is above the industry midpoint. Overall, Icelandair Group hf has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's Days Inventory compare to DAL and UAL?
According to the Transportation industry distribution chart, Icelandair Group hf ranks #292 out of 802 companies for Days Inventory. This puts Icelandair Group hf in the upper half of its industry. The industry median Days Inventory is 12.40. Icelandair Group hf's value of 8.79 is 29.1% below this benchmark. Historically, Icelandair Group hf's own Days Inventory has ranged from 7.09 to 16.45 over the past decade. While the company's 10-year median is 8.34 vs. the industry median of 12.40, Icelandair Group hf 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 Transportation company?
The median Days Inventory among Transportation companies is 12.40, based on 802 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. Icelandair Group hf's current Days Inventory of 8.79 is 29.1% 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 Icelandair Group hf and its competitors. For the Transportation industry, the median Days Inventory is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icelandair Group hf's current Days Inventory is 8.79, which is near median its own 10-year median of 8.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Icelandair Group hf (LTS:0ERU) has a current Days Inventory of 8.79. The stock's GF Value™ is kr10.40, compared to a current price of kr5.87 — trading 43.6% below its estimated fair value. The current Days Inventory is 8.79, which is near median its 10-year median of 8.34 and 29.1% below the Transportation industry median of 12.40. Icelandair Group hf's overall GF Score™ is 51/100 with 2 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 Icelandair Group hf (LTS:0ERU), the current Days Inventory is 8.79 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 Icelandair Group hf (LTS:0ERU) Overvalued in 2026?

Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued. The current stock price of kr5.87 is trading 43.6% below its estimated GF Value™ of kr10.40.

Key valuation signals for LTS:0ERU:

  • Days Inventory: 8.79 (near median its 10-year median of 8.34)
  • GF Value™: kr10.40 vs. price of kr5.87 (43.6% below fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 29.1% below the Transportation median (#292 of 802)

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


Icelandair Group hf Business Description

Other Exchanges ICEAIR:Iceland
Address Flugvellir 1, Hafnarfjordur, ISL, 221
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
51GF Score

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

kr5.87
Price
kr10.40
GF Value