Havila Shipping ASA (OSL:HAVI) Days Inventory: 2.17 (As of Mar. 2026) — 75% Below Median


OSL:HAVI Havila Shipping ASA OSL:HAVI
50 GF Score
Price kr1.12
GF Value kr2.65
Valuation Possible Value Trap
! 3 Warning Signs
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What is Havila Shipping ASA Days Inventory?

Havila Shipping ASA OSL:HAVI +0.90% 50 Days Inventory is 2.17 as of Mar. 2026, which is 75% below its 10-year median of 8.65. GuruFocus rates OSL:HAVI with a GF Score™ of 50/100 and a GF Value™ of kr2.65 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 800 Transportation companies, Havila Shipping ASA ranks better than 85.75% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Havila Shipping ASA's Average Total Inventories for the three months ended in Mar. 2026 was kr3.1 Mil. Havila Shipping ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr132.7 Mil. Hence, Havila Shipping ASA's Days Inventory for the three months ended in Mar. 2026 was 2.17.

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

OSL:HAVI' s Days Inventory Range Over the Past 10 Years
Min: 1.54   Med: 8.65   Max: 12.44
Current: 1.67

During the past 13 years, Havila Shipping ASA's highest Days Inventory was 12.44. The lowest was 1.54. And the median was 8.65.

OSL:HAVI's Days Inventory is ranked better than
85.75% of 800 companies
in the Transportation industry
Industry Median: 12.35 vs OSL:HAVI: 1.67

Havila Shipping ASA's Days Inventory increased from Mar. 2025 (1.41) to Mar. 2026 (2.17). It might indicate that Havila Shipping ASA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Havila Shipping ASA's Inventory Turnover for the three months ended in Mar. 2026 was 42.15.

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. Havila Shipping ASA's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.03.


Havila Shipping ASA  (OSL:HAVI) 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.

Havila Shipping 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.

Havila Shipping 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.


Havila Shipping ASA Days Inventory Related Terms


Havila Shipping ASA Days Inventory Historical Data

* Premium members only.

The historical data trend for Havila Shipping 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.

Havila Shipping ASA Days Inventory Chart

Havila Shipping 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 12.44 12.24 6.97 1.54 2.76

Havila Shipping 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 1.41 1.26 1.26 2.00 2.17

Havila Shipping ASA Days Inventory Competitor Comparison

For the Marine Shipping subindustry, Havila Shipping 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.


Havila Shipping ASA Days Inventory vs Transportation Industry

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

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


OSL:HAVI
50GF Score
Havila Shipping ASA OSL:HAVI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Havila Shipping ASA Days Inventory Calculation

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

Havila Shipping 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
=( (1.907 + 3.613) / 2 ) / 365.313*365
=2.76 / 365.313*365
=2.76

Havila Shipping 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
=( (3.613 + 2.684) / 2 ) / 132.696*365 / 4
=3.1485 / 132.696*365 / 4
=2.17

* 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 2.17 mean?
Havila Shipping ASA (OSL:HAVI) has a Days Inventory of 2.17 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Havila Shipping ASA and its competitors. This is 75% below median its historical median of 8.65. Over the past decade, Havila Shipping ASA's Days Inventory has ranged from 1.54 to 12.44. According to the industry distribution chart, Havila Shipping ASA ranks #114 out of 800 companies in the Transportation industry, placing it in the top 14.2%.
Is Havila Shipping ASA's Days Inventory too high?
Havila Shipping ASA's current Days Inventory of 2.17 is 75% below median its 10-year median of 8.65. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 12.44. The Transportation industry median Days Inventory is 12.35. Havila Shipping ASA's value of 2.17 is 82.4% below this industry median. Based on the distribution chart, Havila Shipping ASA ranks #114 out of 800 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Havila Shipping ASA has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Havila Shipping ASA's Days Inventory compare to competitors?
According to the Transportation industry distribution chart, Havila Shipping ASA ranks #114 out of 800 companies for Days Inventory. This places Havila Shipping ASA in the top 14% of its industry — outperforming the majority of peers. The industry median Days Inventory is 12.35. Havila Shipping ASA's value of 2.17 is 82.4% below this benchmark. Historically, Havila Shipping ASA's own Days Inventory has ranged from 1.54 to 12.44 over the past decade. While the company's 10-year median is 8.65 vs. the industry median of 12.35, Havila Shipping ASA 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 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. Havila Shipping ASA's current Days Inventory of 2.17 is 82.4% 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 Havila Shipping 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. Havila Shipping ASA's current Days Inventory is 2.17, which is 75% below median its own 10-year median of 8.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Shipping ASA stock overvalued right now?
Based on GuruFocus' analysis, Havila Shipping ASA (OSL:HAVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.65, compared to a current price of kr1.12 — trading 57.9% below its estimated fair value. The current Days Inventory is 2.17, which is 75% below median its 10-year median of 8.65 and 82.4% below the Transportation industry median of 12.35. Havila Shipping ASA's overall GF Score™ is 50/100 with 3 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 Havila Shipping ASA (OSL:HAVI), the current Days Inventory is 2.17 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 Havila Shipping ASA (OSL:HAVI) Overvalued in 2026?

Based on GuruFocus' analysis, Havila Shipping ASA stock appears to be undervalued. The current stock price of kr1.12 is trading 57.9% below its estimated GF Value™ of kr2.65. GuruFocus considers Havila Shipping ASA to be Possible Value Trap.

Key valuation signals for OSL:HAVI:

  • Days Inventory: 2.17 (75% below median its 10-year median of 8.65)
  • GF Value™: kr2.65 vs. price of kr1.12 (57.9% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 82.4% below the Transportation median (#114 of 800)

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


Havila Shipping ASA Business Description

Address Mjolstadnesvegen 24, Heroy, Fosnavag, NOR, 6092
Havila Shipping ASA is a supplier of quality assured supply services to the offshore industry, nationally as well as internationally. Its segment includes Platform Supply Vessel, Rescue recovery Vessel, Subsea operations vessels, and Non-allocated. The group generates revenue mainly from customers located in Norway, the UK, Denmark, Belgium, Iceland, and the Netherlands. The group generates the majority of its revenue from the Platform Supply Vessel segment.
50GF Score

Get the complete analysis for OSL:HAVI

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

kr1.12
Price
kr2.65
GF Value