NTSGF (National Storage REIT) Days Inventory: 9.93 (As of Dec. 2025) — 24% Below Median


NTSGF National Storage REIT NTSGF
78 GF Score
Price $1.83
GF Value $1.72
! 11 Warning Signs
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What is National Storage REIT Days Inventory?

National Storage REIT NTSGF 78 Days Inventory is 9.93 as of Dec. 2025, which is 24% below its 10-year median of 13.02. GuruFocus rates NTSGF with a GF Score™ of 78/100 and a GF Value™ of $1.72. The stock has 11 warning signs investors should review. Among 166 REITs companies, National Storage REIT ranks better than 72.89% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). National Storage REIT's Average Total Inventories for the six months ended in Dec. 2025 was $1.0 Mil. National Storage REIT's Cost of Goods Sold for the six months ended in Dec. 2025 was $18.7 Mil. Hence, National Storage REIT's Days Inventory for the six months ended in Dec. 2025 was 9.93.

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

NTSGF' s Days Inventory Range Over the Past 10 Years
Min: 9.89   Med: 13.02   Max: 105.07
Current: 9.89

During the past 12 years, National Storage REIT's highest Days Inventory was 105.07. The lowest was 9.89. And the median was 13.02.

NTSGF's Days Inventory is ranked better than
72.89% of 166 companies
in the REITs industry
Industry Median: 165.54 vs NTSGF: 9.89

National Storage REIT's Days Inventory declined from Dec. 2024 (11.93) to Dec. 2025 (9.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. National Storage REIT's Inventory Turnover for the six months ended in Dec. 2025 was 18.37.

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. National Storage REIT's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.01.


National Storage REIT  (OTCPK:NTSGF) 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.

National Storage REIT'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.

National Storage REIT'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.


National Storage REIT Days Inventory Related Terms


National Storage REIT Days Inventory Historical Data

* Premium members only.

The historical data trend for National Storage REIT'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.

National Storage REIT Days Inventory Chart

National Storage REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.71 15.46 17.68 14.70 10.44

National Storage REIT 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 16.86 12.38 11.93 9.42 9.93

NTSGF vs PLD, PSA, EXR: Days Inventory Comparison

For the REIT - Industrial subindustry, National Storage REIT'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.


National Storage REIT Days Inventory vs REITs Industry

For the REITs industry and Real Estate sector, National Storage REIT's Days Inventory distribution charts can be found below:

* The bar in red indicates where National Storage REIT's Days Inventory falls into.


NTSGF
78GF Score
National Storage REIT NTSGF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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National Storage REIT Days Inventory Calculation

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

National Storage REIT's Days Inventory for the fiscal year that ended in Jun. 2025 is calculated as

Days Inventory (A: Jun. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (1.057 + 0.977) / 2 ) / 35.547*365
=1.017 / 35.547*365
=10.44

National Storage REIT'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
=( (0.977 + 1.063) / 2 ) / 18.737*365 / 2
=1.02 / 18.737*365 / 2
=9.93

* 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 9.93 mean?
National Storage REIT (NTSGF) has a Days Inventory of 9.93 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on National Storage REIT and its competitors. This is 24% below median its historical median of 13.02. Over the past decade, National Storage REIT's Days Inventory has ranged from 9.89 to 105.07. According to the industry distribution chart, National Storage REIT ranks #45 out of 166 companies in the REITs industry, placing it in the top 27.1%.
Is National Storage REIT's Days Inventory too high?
National Storage REIT's current Days Inventory of 9.93 is 24% below median its 10-year median of 13.02. Over the past 10 years, this metric has ranged from a low of 9.89 to a high of 105.07. The REITs industry median Days Inventory is 165.54. National Storage REIT's value of 9.93 is 94% below this industry median. Based on the distribution chart, National Storage REIT ranks #45 out of 166 companies in the REITs industry, which is above the industry midpoint. Overall, National Storage REIT has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does National Storage REIT's Days Inventory compare to PLD and PSA?
According to the REITs industry distribution chart, National Storage REIT ranks #45 out of 166 companies for Days Inventory. This puts National Storage REIT in the upper half of its industry. The industry median Days Inventory is 165.54. National Storage REIT's value of 9.93 is 94% below this benchmark. Historically, National Storage REIT's own Days Inventory has ranged from 9.89 to 105.07 over the past decade. While the company's 10-year median is 13.02 vs. the industry median of 165.54, National Storage REIT 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 REITs company?
The median Days Inventory among REITs companies is 165.54, based on 166 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. National Storage REIT's current Days Inventory of 9.93 is 94% 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 National Storage REIT and its competitors. For the REITs industry, the median Days Inventory is 165.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Storage REIT's current Days Inventory is 9.93, which is 24% below median its own 10-year median of 13.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Storage REIT stock overvalued right now?
National Storage REIT (NTSGF) has a current Days Inventory of 9.93. The stock's GF Value™ is $1.72, compared to a current price of $1.83 — trading 6.5% above its estimated fair value. The current Days Inventory is 9.93, which is 24% below median its 10-year median of 13.02 and 94% below the REITs industry median of 165.54. National Storage REIT's overall GF Score™ is 78/100 with 11 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 National Storage REIT (NTSGF), the current Days Inventory is 9.93 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 National Storage REIT (NTSGF) Overvalued in 2026?

Based on GuruFocus' analysis, National Storage REIT stock appears to be overvalued. The current stock price of $1.83 is trading 6.5% above its estimated GF Value™ of $1.72.

Key valuation signals for NTSGF:

  • Days Inventory: 9.93 (24% below median its 10-year median of 13.02)
  • GF Value™: $1.72 vs. price of $1.83 (6.5% above fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 94% below the REITs median (#45 of 166)

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


National Storage REIT Business Description

Industry Real EstateREITs
Address 1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000
National Storage REIT is the largest self-storage operator in Australia and New Zealand. Majority of its income is derived from rents. Additional revenue streams come from ancillary products and services such as packaging materials, locks, and insurance. The REIT owns most of the centers it operates, and leases roughly a dozen of the sites secured under long-term agreements. The self-storage industry is fragmented, with three large players in National Storage, the listed Abacus Storage King, and privately owned Kennards, accounting for about one-third of the market. The rest are independent operators, with a single center or a small state-based portfolio of assets. Besides organic rent increases, the company's key growth drivers are acquisitions and developments.
78GF Score

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

$1.83
Price
$1.72
GF Value