Oando (NSA:OANDO) Days Inventory: 6.89 (As of Dec. 2025) — Near Median


NSA:OANDO Oando PLC NSA:OANDO
39 GF Score
Price ₦40.85
GF Value ₦51.66
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Oando Days Inventory?

Oando NSA:OANDO +9.96% 39 Days Inventory is 6.89 as of Dec. 2025, which is 4% above its 10-year median of 6.65. GuruFocus rates NSA:OANDO with a GF Score™ of 39/100 and a GF Value™ of ₦51.66 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 687 Oil & Gas companies, Oando ranks better than 86.17% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Oando's Average Total Inventories for the three months ended in Dec. 2025 was ₦57,164 Mil. Oando's Cost of Goods Sold for the three months ended in Dec. 2025 was ₦756,785 Mil. Hence, Oando's Days Inventory for the three months ended in Dec. 2025 was 6.89.

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

NSA:OANDO' s Days Inventory Range Over the Past 10 Years
Min: 0.62   Med: 6.65   Max: 170.75
Current: 6.13

During the past 13 years, Oando's highest Days Inventory was 170.75. The lowest was 0.62. And the median was 6.65.

NSA:OANDO's Days Inventory is ranked better than
86.17% of 687 companies
in the Oil & Gas industry
Industry Median: 31.01 vs NSA:OANDO: 6.13

Oando's Days Inventory increased from Dec. 2024 (3.76) to Dec. 2025 (6.89). It might indicate that Oando's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oando's Inventory Turnover for the three months ended in Dec. 2025 was 13.24.

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. Oando's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.09.


Oando  (NSA:OANDO) 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.

Oando's Inventory Turnover for the three 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.

Oando's Inventory to Revenue for the three months ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=57163.7695 / 671503.536
=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.


Oando Days Inventory Related Terms


Oando Days Inventory Historical Data

* Premium members only.

The historical data trend for Oando'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.

Oando Days Inventory Chart

Oando Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.30 3.56 0.62 2.53 5.87

Oando Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 3.76 5.55 5.95 6.47 6.89

NSA:OANDO vs VLO, MPC, PSX: Days Inventory Comparison

For the Oil & Gas Refining & Marketing subindustry, Oando'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.


Oando Days Inventory vs Oil & Gas Industry

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

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


NSA:OANDO
39GF Score
Oando PLC NSA:OANDO
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Oando Days Inventory Calculation

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

Oando'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
=( (46847.25 + 55577.735) / 2 ) / 3185210.184*365
=51212.4925 / 3185210.184*365
=5.87

Oando'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: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (58749.804 + 55577.735) / 2 ) / 756784.574*365 / 4
=57163.7695 / 756784.574*365 / 4
=6.89

* 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 6.89 mean?
Oando (NSA:OANDO) has a Days Inventory of 6.89 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Oando and its competitors. This is near median its historical median of 6.65. Over the past decade, Oando's Days Inventory has ranged from 0.62 to 170.75. According to the industry distribution chart, Oando ranks #95 out of 687 companies in the Oil & Gas industry, placing it in the top 13.8%.
Is Oando's Days Inventory too high?
Oando's current Days Inventory of 6.89 is near median its 10-year median of 6.65. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 170.75. The Oil & Gas industry median Days Inventory is 31.01. Oando's value of 6.89 is 77.8% below this industry median. Based on the distribution chart, Oando ranks #95 out of 687 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Oando has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oando's Days Inventory compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Oando ranks #95 out of 687 companies for Days Inventory. This places Oando in the top 14% of its industry — outperforming the majority of peers. The industry median Days Inventory is 31.01. Oando's value of 6.89 is 77.8% below this benchmark. Historically, Oando's own Days Inventory has ranged from 0.62 to 170.75 over the past decade. While the company's 10-year median is 6.65 vs. the industry median of 31.01, Oando 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 an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.01, based on 687 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. Oando's current Days Inventory of 6.89 is 77.8% 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 Oando and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oando's current Days Inventory is 6.89, which is near median its own 10-year median of 6.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oando stock overvalued right now?
Based on GuruFocus' analysis, Oando (NSA:OANDO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₦51.66, compared to a current price of ₦40.85 — trading 20.9% below its estimated fair value. The current Days Inventory is 6.89, which is near median its 10-year median of 6.65 and 77.8% below the Oil & Gas industry median of 31.01. Oando's overall GF Score™ is 39/100 with 7 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 Oando (NSA:OANDO), the current Days Inventory is 6.89 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 Oando (NSA:OANDO) Overvalued in 2026?

Based on GuruFocus' analysis, Oando stock appears to be undervalued. The current stock price of ₦40.85 is trading 20.9% below its estimated GF Value™ of ₦51.66. GuruFocus considers Oando to be Modestly Undervalued.

Key valuation signals for NSA:OANDO:

  • Days Inventory: 6.89 (near median its 10-year median of 6.65)
  • GF Value™: ₦51.66 vs. price of ₦40.85 (20.9% below fair value)
  • GF Score™: 39/100 with 7 warning signs
  • Industry Position: 77.8% below the Oil & Gas median (#95 of 687)

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


Oando Business Description

Industry EnergyOil & Gas
Other Exchanges OAO:South Africa
Address Ozumba Mbadiwe Avenue, 17a The Wings Complex, Victoria Island, Lagos, NGA
Oando PLC makes strategic investments in energy companies. Through its subsidiaries, the company is engaged in exploration and production, Supply and trading of petroleum products, and Mining and infrastructure development. The group has four operating segments: (i) Exploration and production. (ii) Supply and Trading (iii) Mining & infrastructure development, (iv) Corporate, and others. The majority of its revenue is generated from Supply and Trading which involves trading crude, refined, and unrefined petroleum products.
39GF Score

Get the complete analysis for NSA:OANDO

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

₦40.85
Price
₦51.66
GF Value