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Goobit Group ABNGM:BTCX -9.09% Days Inventory is 20.66 as of Apr. 2026, which is 508% above its 10-year median of 3.40. The stock has 2 warning signs investors should review. Among 229 Capital Markets companies, Goobit Group AB ranks better than 74.67% on this metric.
The historical rank and industry rank for Goobit Group AB's Days Inventory or its related term are showing as below:
NGM:BTCX'
s Days Inventory Range Over the Past 10 Years
Min: 1.91 Med: 3.4 Max: 22.41
Current: 5.77
During the past 8 years, Goobit Group AB's highest Days Inventory was 22.41. The lowest was 1.91. And the median was 3.40.
NGM:BTCX's Days Inventory is ranked better than 74.67% of 229
companies
in the Capital Markets industry
Industry Median: 63.5
vs NGM:BTCX: 5.77
Goobit Group AB's Days Inventory
increased
from Apr. 2025 (5.51) to Apr. 2026 (20.66).
It might indicate that Goobit Group AB's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Goobit Group AB's Inventory Turnover for the
three
months ended in Apr. 2026 was 4.42.
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.
Goobit Group AB's Inventory-to-Revenue for the
three
months ended in Apr. 2026 was 0.19.
Goobit Group AB (NGM:BTCX) 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.
Goobit Group AB's Inventory Turnover for the
three
months ended in Apr. 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.
Goobit Group AB's Inventory to Revenue for the
three
months ended in Apr. 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.
Goobit Group AB Days Inventory Related Terms
Goobit Group AB Days Inventory Historical Data
* Premium members only.
The historical data trend for Goobit Group AB'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.
NGM:BTCX vs SPGI, CME, MCO: Days Inventory Comparison
For the Financial Data & Stock Exchanges subindustry, Goobit Group AB'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.
Goobit Group AB Days Inventory vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Goobit Group AB's Days Inventory distribution charts can be found below:
* The bar in red indicates where Goobit Group AB's Days Inventory falls into.
* 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.
Goobit Group AB (NGM:BTCX) has a Days Inventory of 20.66 as of Apr. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Goobit Group AB and its competitors. This is 508% above median its historical median of 3.40. Over the past decade, Goobit Group AB's Days Inventory has ranged from 1.91 to 22.41. According to the industry distribution chart, Goobit Group AB ranks #58 out of 229 companies in the Capital Markets industry, placing it in the top 25.3%.
Is Goobit Group AB's Days Inventory too high?
Goobit Group AB's current Days Inventory of 20.66 is 508% above median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 22.41. The Capital Markets industry median Days Inventory is 63.50. Goobit Group AB's value of 20.66 is 67.5% below this industry median. Based on the distribution chart, Goobit Group AB ranks #58 out of 229 companies in the Capital Markets industry, which is above the industry midpoint.
How does Goobit Group AB's Days Inventory compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Goobit Group AB ranks #58 out of 229 companies for Days Inventory. This puts Goobit Group AB in the upper half of its industry. The industry median Days Inventory is 63.50. Goobit Group AB's value of 20.66 is 67.5% below this benchmark. Historically, Goobit Group AB's own Days Inventory has ranged from 1.91 to 22.41 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 63.50, Goobit Group AB 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 63.50, based on 229 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. Goobit Group AB's current Days Inventory of 20.66 is 67.5% 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 Goobit Group AB and its competitors. For the Capital Markets industry, the median Days Inventory is 63.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goobit Group AB's current Days Inventory is 20.66, which is 508% above median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goobit Group AB stock overvalued right now?
Based on GuruFocus' analysis, Goobit Group AB (NGM:BTCX) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.06, compared to a current price of kr0.04 — trading 33.3% below its estimated fair value. The current Days Inventory is 20.66, which is 508% above median its 10-year median of 3.40 and 67.5% below the Capital Markets industry median of 63.50. 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 Goobit Group AB (NGM:BTCX), the current Days Inventory is 20.66 as of Apr. 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.
Goobit Group AB is a Swedish cryptocurrency and blockchain company. The company operates BTCX, a Bitcoin exchange platform, offering exchange services in Swedish kronor and euros. It operates under the brands BTCX Express Exchange, BTCX Standard Exchange and BTCX OTC Service. The company also provides AML Desk, a compliance service focused on anti-money laundering and crypto-asset risk assessment.
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