HAV Group ASA (OSL:HAV) Days Inventory: 14.24 (As of Mar. 2026) — 105% Above Median


OSL:HAV HAV Group ASA OSL:HAV
64 GF Score
Price kr13.50
GF Value kr12.47
Valuation Fairly Valued
! 4 Warning Signs
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What is HAV Group ASA Days Inventory?

HAV Group ASA OSL:HAV 64 Days Inventory is 14.24 as of Mar. 2026, which is 105% above its 10-year median of 6.96. GuruFocus rates OSL:HAV with a GF Score™ of 64/100 and a GF Value™ of kr12.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 800 Transportation companies, HAV Group ASA ranks worse than 59.13% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). HAV Group ASA's Average Total Inventories for the three months ended in Mar. 2026 was kr31.3 Mil. HAV Group ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr200.3 Mil. Hence, HAV Group ASA's Days Inventory for the three months ended in Mar. 2026 was 14.24.

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

OSL:HAV' s Days Inventory Range Over the Past 10 Years
Min: 3.98   Med: 6.96   Max: 21.54
Current: 15.58

During the past 9 years, HAV Group ASA's highest Days Inventory was 21.54. The lowest was 3.98. And the median was 6.96.

OSL:HAV's Days Inventory is ranked worse than
59.13% of 800 companies
in the Transportation industry
Industry Median: 12.35 vs OSL:HAV: 15.58

HAV Group ASA's Days Inventory declined from Mar. 2025 (24.65) to Mar. 2026 (14.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. HAV Group ASA's Inventory Turnover for the three months ended in Mar. 2026 was 6.41.

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. HAV Group ASA's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.13.


HAV Group ASA  (OSL:HAV) 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.

HAV Group 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.

HAV Group 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.


HAV Group ASA Days Inventory Related Terms


HAV Group ASA Days Inventory Historical Data

* Premium members only.

The historical data trend for HAV Group 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.

HAV Group ASA Days Inventory Chart

HAV Group ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only 6.96 16.05 21.54 18.39 17.85

HAV Group 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 24.65 19.03 17.72 12.58 14.24

HAV Group ASA Days Inventory Competitor Comparison

For the Marine Shipping subindustry, HAV Group 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.


HAV Group ASA Days Inventory vs Transportation Industry

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

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


OSL:HAV
64GF Score
HAV Group ASA OSL:HAV
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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HAV Group ASA Days Inventory Calculation

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

HAV Group 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
=( (33.847 + 32.302) / 2 ) / 676.342*365
=33.0745 / 676.342*365
=17.85

HAV Group 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
=( (32.302 + 30.242) / 2 ) / 200.33*365 / 4
=31.272 / 200.33*365 / 4
=14.24

* 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 14.24 mean?
HAV Group ASA (OSL:HAV) has a Days Inventory of 14.24 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on HAV Group ASA and its competitors. This is 105% above median its historical median of 6.96. Over the past decade, HAV Group ASA's Days Inventory has ranged from 3.98 to 21.54. According to the industry distribution chart, HAV Group ASA ranks #473 out of 800 companies in the Transportation industry, placing it in the top 59.1%.
Is HAV Group ASA's Days Inventory too high?
HAV Group ASA's current Days Inventory of 14.24 is 105% above median its 10-year median of 6.96. Over the past 10 years, this metric has ranged from a low of 3.98 to a high of 21.54. The Transportation industry median Days Inventory is 12.35. HAV Group ASA's value of 14.24 is 15.3% above this industry median. Based on the distribution chart, HAV Group ASA ranks #473 out of 800 companies in the Transportation industry, which is below the industry midpoint. Overall, HAV Group ASA has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HAV Group ASA's Days Inventory compare to competitors?
According to the Transportation industry distribution chart, HAV Group ASA ranks #473 out of 800 companies for Days Inventory. This places HAV Group ASA in the lower half of its industry. The industry median Days Inventory is 12.35. HAV Group ASA's value of 14.24 is 15.3% above this benchmark. Historically, HAV Group ASA's own Days Inventory has ranged from 3.98 to 21.54 over the past decade. While the company's 10-year median is 6.96 vs. the industry median of 12.35, HAV Group 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 a Transportation company?
The median Days Inventory among Transportation companies is 12.35, based on 800 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. HAV Group ASA's current Days Inventory of 14.24 is 15.3% 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 HAV Group ASA and its competitors. For the Transportation industry, the median Days Inventory is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HAV Group ASA's current Days Inventory is 14.24, which is 105% above median its own 10-year median of 6.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAV Group ASA stock overvalued right now?
Based on GuruFocus' analysis, HAV Group ASA (OSL:HAV) is currently considered Fairly Valued. The stock's GF Value™ is kr12.47, compared to a current price of kr13.50 — trading 8.3% above its estimated fair value. The current Days Inventory is 14.24, which is 105% above median its 10-year median of 6.96 and 15.3% above the Transportation industry median of 12.35. HAV Group ASA's overall GF Score™ is 64/100 with 4 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 HAV Group ASA (OSL:HAV), the current Days Inventory is 14.24 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 HAV Group ASA (OSL:HAV) Overvalued in 2026?

Based on GuruFocus' analysis, HAV Group ASA stock appears to be overvalued. The current stock price of kr13.50 is trading 8.3% above its estimated GF Value™ of kr12.47. GuruFocus considers HAV Group ASA to be Fairly Valued.

Key valuation signals for OSL:HAV:

  • Days Inventory: 14.24 (105% above median its 10-year median of 6.96)
  • GF Value™: kr12.47 vs. price of kr13.50 (8.3% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 15.3% above the Transportation median (#473 of 800)

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


HAV Group ASA Business Description

Other Exchanges 6HH:Germany
Address Holmefjordvegen 1, Fosnavag, NOR, 6090
HAV Group ASA is a provider of solutions and technology to the marine and maritime industries. The group's vision is to contribute to the green shift through solutions and high-end products for the ocean industries. The Group's main activities are: HAV Design, i.e., providing ship design and system packages for offshore, transport, and fishing vessels; Norwegian Electric Systems, i.e., specializing in design, engineering, and installation of electric systems and delivery of control and automation systems for ships; Norwegian Greentech, i.e., specializing in the delivery of ballast water treatment systems. HAV Hydrogen, i.e., delivers complete and scalable hydrogen systems that are designed for operation in heavy seas. Other/Elimination includes intercompany and the mother company.
64GF Score

Get the complete analysis for OSL:HAV

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

kr13.50
Price
kr12.47
GF Value