NLLSY (NEL ASA) Days Inventory: 1,520.98 (As of Mar. 2026) — 660% Above Median


NLLSY NEL ASA NLLSY
79 GF Score
Price $7.76
GF Value $8.56
Valuation Fairly Valued
! 5 Warning Signs
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What is NEL ASA Days Inventory?

NEL ASA NLLSY 79 Days Inventory is 1,520.98 as of Mar. 2026, which is 660% above its 10-year median of 200.04. GuruFocus rates NLLSY with a GF Score™ of 79/100 and a GF Value™ of $8.56 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,968 Industrial Products companies, NEL ASA ranks worse than 98.62% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). NEL ASA's Average Total Inventories for the three months ended in Mar. 2026 was $92.31 Mil. NEL ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was $5.54 Mil. Hence, NEL ASA's Days Inventory for the three months ended in Mar. 2026 was 1,520.98.

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

NLLSY' s Days Inventory Range Over the Past 10 Years
Min: 153.85   Med: 200.04   Max: 833.15
Current: 833.15

During the past 13 years, NEL ASA's highest Days Inventory was 833.15. The lowest was 153.85. And the median was 200.04.

NLLSY's Days Inventory is ranked worse than
98.62% of 2968 companies
in the Industrial Products industry
Industry Median: 119.47 vs NLLSY: 833.15

NEL ASA's Days Inventory increased from Mar. 2025 (1,159.54) to Mar. 2026 (1,520.98). It might indicate that NEL ASA's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. NEL ASA's Inventory Turnover for the three months ended in Mar. 2026 was 0.06.

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. NEL ASA's Inventory-to-Revenue for the three months ended in Mar. 2026 was 6.02.


NEL ASA  (OTCPK:NLLSY) 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.

NEL ASA'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.

NEL ASA'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.


NEL ASA Days Inventory Related Terms


NEL ASA Days Inventory Historical Data

* Premium members only.

The historical data trend for NEL ASA'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.

NEL ASA Days Inventory Chart

NEL ASA 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 189.57 270.23 317.15 463.70 636.74

NEL ASA 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 1,159.54 1,051.49 630.27 621.00 1,520.98

NLLSY vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, NEL ASA'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.


NEL ASA Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NEL ASA's Days Inventory distribution charts can be found below:

* The bar in red indicates where NEL ASA's Days Inventory falls into.


NLLSY
79GF Score
NEL ASA NLLSY
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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NEL ASA Days Inventory Calculation

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

NEL ASA'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
=( (47.391 + 90.908) / 2 ) / 39.639*365
=69.1495 / 39.639*365
=636.74

NEL ASA'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
=( (90.908 + 93.71) / 2 ) / 5.538*365 / 4
=92.309 / 5.538*365 / 4
=1,520.98

* 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 1,520.98 mean?
NEL ASA (NLLSY) has a Days Inventory of 1,520.98 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NEL ASA and its competitors. This is 660% above median its historical median of 200.04. Over the past decade, NEL ASA's Days Inventory has ranged from 153.85 to 833.15. According to the industry distribution chart, NEL ASA ranks #2927 out of 2968 companies in the Industrial Products industry, placing it in the top 98.6%.
Is NEL ASA's Days Inventory too high?
NEL ASA's current Days Inventory of 1,520.98 is 660% above median its 10-year median of 200.04. Over the past 10 years, this metric has ranged from a low of 153.85 to a high of 833.15. The Industrial Products industry median Days Inventory is 119.47. NEL ASA's value of 1,520.98 is 1173.1% above this industry median. Based on the distribution chart, NEL ASA ranks #2927 out of 2968 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NEL ASA has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NEL ASA's Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NEL ASA ranks #2927 out of 2968 companies for Days Inventory. This places NEL ASA in the lower half of its industry. The industry median Days Inventory is 119.47. NEL ASA's value of 1,520.98 is 1173.1% above this benchmark. Historically, NEL ASA's own Days Inventory has ranged from 153.85 to 833.15 over the past decade. While the company's 10-year median is 200.04 vs. the industry median of 119.47, NEL ASA has consistently been above 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,968 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. NEL ASA's current Days Inventory of 1,520.98 is 1173.1% above 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 NEL ASA and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEL ASA's current Days Inventory is 1,520.98, which is 660% above median its own 10-year median of 200.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEL ASA stock overvalued right now?
Based on GuruFocus' analysis, NEL ASA (NLLSY) is currently considered Fairly Valued. The stock's GF Value™ is $8.56, compared to a current price of $7.76 — trading 9.3% below its estimated fair value. The current Days Inventory is 1,520.98, which is 660% above median its 10-year median of 200.04 and 1173.1% above the Industrial Products industry median of 119.47. NEL ASA's overall GF Score™ is 79/100 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 NEL ASA (NLLSY), the current Days Inventory is 1,520.98 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 NEL ASA (NLLSY) Overvalued in 2026?

Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued. The current stock price of $7.76 is trading 9.3% below its estimated GF Value™ of $8.56. GuruFocus considers NEL ASA to be Fairly Valued.

Key valuation signals for NLLSY:

  • Days Inventory: 1,520.98 (660% above median its 10-year median of 200.04)
  • GF Value™: $8.56 vs. price of $7.76 (9.3% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 1173.1% above the Industrial Products median (#2927 of 2968)

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


NEL ASA Business Description

Address Karenslyst alle 49, Oslo, NOR, N-0279
NEL ASA is a hydrogen company delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser. Nel Alkaline Electrolyser is a supplier of hydrogen production equipment based on alkaline water electrolysis technology.
79GF Score

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

$7.76
Price
$8.56
GF Value