Norsk Hydro ASA (OSL:NHY) Days Inventory: 73.84 (As of Mar. 2026) — Near Median


OSL:NHY Norsk Hydro ASA OSL:NHY
88 GF Score
Price kr85.06
GF Value kr68.36
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Norsk Hydro ASA Days Inventory?

Norsk Hydro ASA OSL:NHY +0.26% 88 Days Inventory is 73.84 as of Mar. 2026, which is 9% below its 10-year median of 80.71. GuruFocus rates OSL:NHY with a GF Score™ of 88/100 and a GF Value™ of kr68.36 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 681 Metals & Mining companies, Norsk Hydro ASA ranks better than 61.09% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Norsk Hydro ASA's Average Total Inventories for the three months ended in Mar. 2026 was kr27,755 Mil. Norsk Hydro ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr34,300 Mil. Hence, Norsk Hydro ASA's Days Inventory for the three months ended in Mar. 2026 was 73.84.

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

OSL:NHY' s Days Inventory Range Over the Past 10 Years
Min: 70.85   Med: 80.71   Max: 96.63
Current: 70.85

During the past 13 years, Norsk Hydro ASA's highest Days Inventory was 96.63. The lowest was 70.85. And the median was 80.71.

OSL:NHY's Days Inventory is ranked better than
61.09% of 681 companies
in the Metals & Mining industry
Industry Median: 85.61 vs OSL:NHY: 70.85

Norsk Hydro ASA's Days Inventory increased from Mar. 2025 (68.40) to Mar. 2026 (73.84). It might indicate that Norsk Hydro ASA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Norsk Hydro ASA's Inventory Turnover for the three months ended in Mar. 2026 was 1.24.

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. Norsk Hydro ASA's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.55.


Norsk Hydro ASA  (OSL:NHY) 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.

Norsk Hydro 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.

Norsk Hydro 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.


Norsk Hydro ASA Days Inventory Related Terms


Norsk Hydro ASA Days Inventory Historical Data

* Premium members only.

The historical data trend for Norsk Hydro 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.

Norsk Hydro ASA Days Inventory Chart

Norsk Hydro 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 84.80 73.11 81.97 75.68 76.75

Norsk Hydro 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 68.40 67.95 69.12 72.19 73.84

OSL:NHY vs AA, CENX, CSTM: Days Inventory Comparison

For the Aluminum subindustry, Norsk Hydro 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.


Norsk Hydro ASA Days Inventory vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Days Inventory distribution charts can be found below:

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


OSL:NHY
88GF Score
Norsk Hydro ASA OSL:NHY
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Norsk Hydro ASA Days Inventory Calculation

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

Norsk Hydro 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
=( (28187 + 27798) / 2 ) / 133116*365
=27992.5 / 133116*365
=76.75

Norsk Hydro 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
=( (27798 + 27712) / 2 ) / 34300*365 / 4
=27755 / 34300*365 / 4
=73.84

* 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 73.84 mean?
Norsk Hydro ASA (OSL:NHY) has a Days Inventory of 73.84 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Norsk Hydro ASA and its competitors. This is near median its historical median of 80.71. Over the past decade, Norsk Hydro ASA's Days Inventory has ranged from 70.85 to 96.63. According to the industry distribution chart, Norsk Hydro ASA ranks #265 out of 681 companies in the Metals & Mining industry, placing it in the top 38.9%.
Is Norsk Hydro ASA's Days Inventory too high?
Norsk Hydro ASA's current Days Inventory of 73.84 is near median its 10-year median of 80.71. Over the past 10 years, this metric has ranged from a low of 70.85 to a high of 96.63. The Metals & Mining industry median Days Inventory is 85.61. Norsk Hydro ASA's value of 73.84 is 13.7% below this industry median. Based on the distribution chart, Norsk Hydro ASA ranks #265 out of 681 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Norsk Hydro ASA has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's Days Inventory compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Norsk Hydro ASA ranks #265 out of 681 companies for Days Inventory. This puts Norsk Hydro ASA in the upper half of its industry. The industry median Days Inventory is 85.61. Norsk Hydro ASA's value of 73.84 is 13.7% below this benchmark. Historically, Norsk Hydro ASA's own Days Inventory has ranged from 70.85 to 96.63 over the past decade. While the company's 10-year median is 80.71 vs. the industry median of 85.61, Norsk Hydro 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 Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 85.61, based on 681 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. Norsk Hydro ASA's current Days Inventory of 73.84 is 13.7% 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 Norsk Hydro ASA and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norsk Hydro ASA's current Days Inventory is 73.84, which is near median its own 10-year median of 80.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Hydro ASA stock overvalued right now?
Based on GuruFocus' analysis, Norsk Hydro ASA (OSL:NHY) is currently considered Modestly Overvalued. The stock's GF Value™ is kr68.36, compared to a current price of kr85.06 — trading 24.4% above its estimated fair value. The current Days Inventory is 73.84, which is near median its 10-year median of 80.71 and 13.7% below the Metals & Mining industry median of 85.61. Norsk Hydro ASA's overall GF Score™ is 88/100 with 2 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 Norsk Hydro ASA (OSL:NHY), the current Days Inventory is 73.84 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 Norsk Hydro ASA (OSL:NHY) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued. The current stock price of kr85.06 is trading 24.4% above its estimated GF Value™ of kr68.36. GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.

Key valuation signals for OSL:NHY:

  • Days Inventory: 73.84 (near median its 10-year median of 80.71)
  • GF Value™: kr68.36 vs. price of kr85.06 (24.4% above fair value)
  • GF Score™: 88/100 with 2 warning signs
  • Industry Position: 13.7% below the Metals & Mining median (#265 of 681)

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


Norsk Hydro ASA Business Description

Address Drammensveien 264, Oslo, NOR, NO-0283
Norsk Hydro ASA is an aluminium and renewable energy company. The company owns and operates businesses and holds investments in sustainable industries. Its operations span multiple market segments, including aluminum, energy, metal recycling, renewable energy, and batteries, providing expertise across these areas. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Energy, Hydro Aluminium Metal and Hydro Extrusions and Hydro Metal Markets activities. The majority of the company's revenue is derived from the Hydro Extrusions segment, which delivers products within extruded profiles, building systems and precision tubing, and operates several recycling facilities, both integrated with its extrusion plants and separate plants.
88GF Score

Get the complete analysis for OSL:NHY

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

kr85.06
Price
kr68.36
GF Value