Norske Skog ASA (OSL:NSKOG) Days Inventory: 82.64 (As of Mar. 2026) — 14% Above Median


OSL:NSKOG Norske Skog ASA OSL:NSKOG
75 GF Score
Price kr41.95
GF Value kr33.59
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Norske Skog ASA Days Inventory?

Norske Skog ASA OSL:NSKOG +1.21% 75 Days Inventory is 82.64 as of Mar. 2026, which is 14% above its 10-year median of 72.39. GuruFocus rates OSL:NSKOG with a GF Score™ of 75/100 and a GF Value™ of kr33.59 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 271 Forest Products companies, Norske Skog ASA ranks better than 53.87% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Norske Skog ASA's Average Total Inventories for the three months ended in Mar. 2026 was kr1,382 Mil. Norske Skog ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr1,526 Mil. Hence, Norske Skog ASA's Days Inventory for the three months ended in Mar. 2026 was 82.64.

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

OSL:NSKOG' s Days Inventory Range Over the Past 10 Years
Min: 59.41   Med: 72.39   Max: 93.81
Current: 86.18

During the past 13 years, Norske Skog ASA's highest Days Inventory was 93.81. The lowest was 59.41. And the median was 72.39.

OSL:NSKOG's Days Inventory is ranked better than
53.87% of 271 companies
in the Forest Products industry
Industry Median: 89.94 vs OSL:NSKOG: 86.18

Norske Skog ASA's Days Inventory increased from Mar. 2025 (80.53) to Mar. 2026 (82.64). It might indicate that Norske Skog ASA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Norske Skog ASA's Inventory Turnover for the three months ended in Mar. 2026 was 1.10.

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. Norske Skog ASA's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.58.


Norske Skog ASA  (OSL:NSKOG) 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.

Norske Skog 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.

Norske Skog 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.


Norske Skog ASA Days Inventory Related Terms


Norske Skog ASA Days Inventory Historical Data

* Premium members only.

The historical data trend for Norske Skog 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.

Norske Skog ASA Days Inventory Chart

Norske Skog 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 72.25 61.32 87.90 84.66 80.85

Norske Skog 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 80.53 97.05 92.99 75.92 82.64

OSL:NSKOG vs SLVM: Days Inventory Comparison

For the Paper & Paper Products subindustry, Norske Skog 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.


Norske Skog ASA Days Inventory vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Norske Skog ASA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Norske Skog ASA's Days Inventory falls into.


OSL:NSKOG
75GF Score
Norske Skog ASA OSL:NSKOG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Norske Skog ASA Days Inventory Calculation

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

Norske Skog 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
=( (1390 + 1371) / 2 ) / 6232*365
=1380.5 / 6232*365
=80.85

Norske Skog 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
=( (1371 + 1393) / 2 ) / 1526*365 / 4
=1382 / 1526*365 / 4
=82.64

* 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 82.64 mean?
Norske Skog ASA (OSL:NSKOG) has a Days Inventory of 82.64 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Norske Skog ASA and its competitors. This is 14% above median its historical median of 72.39. Over the past decade, Norske Skog ASA's Days Inventory has ranged from 59.41 to 93.81. According to the industry distribution chart, Norske Skog ASA ranks #125 out of 271 companies in the Forest Products industry, placing it in the top 46.1%.
Is Norske Skog ASA's Days Inventory too high?
Norske Skog ASA's current Days Inventory of 82.64 is 14% above median its 10-year median of 72.39. Over the past 10 years, this metric has ranged from a low of 59.41 to a high of 93.81. The Forest Products industry median Days Inventory is 89.94. Norske Skog ASA's value of 82.64 is 8.1% below this industry median. Based on the distribution chart, Norske Skog ASA ranks #125 out of 271 companies in the Forest Products industry, which is above the industry midpoint. Overall, Norske Skog ASA has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norske Skog ASA's Days Inventory compare to SLVM?
According to the Forest Products industry distribution chart, Norske Skog ASA ranks #125 out of 271 companies for Days Inventory. This puts Norske Skog ASA in the upper half of its industry. The industry median Days Inventory is 89.94. Norske Skog ASA's value of 82.64 is 8.1% below this benchmark. Historically, Norske Skog ASA's own Days Inventory has ranged from 59.41 to 93.81 over the past decade. While the company's 10-year median is 72.39 vs. the industry median of 89.94, Norske Skog 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 Forest Products company?
The median Days Inventory among Forest Products companies is 89.94, based on 271 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. Norske Skog ASA's current Days Inventory of 82.64 is 8.1% 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 Norske Skog ASA and its competitors. For the Forest Products industry, the median Days Inventory is 89.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norske Skog ASA's current Days Inventory is 82.64, which is 14% above median its own 10-year median of 72.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norske Skog ASA stock overvalued right now?
Based on GuruFocus' analysis, Norske Skog ASA (OSL:NSKOG) is currently considered Modestly Overvalued. The stock's GF Value™ is kr33.59, compared to a current price of kr41.95 — trading 24.9% above its estimated fair value. The current Days Inventory is 82.64, which is 14% above median its 10-year median of 72.39 and 8.1% below the Forest Products industry median of 89.94. Norske Skog ASA's overall GF Score™ is 75/100 with 8 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 Norske Skog ASA (OSL:NSKOG), the current Days Inventory is 82.64 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 Norske Skog ASA (OSL:NSKOG) Overvalued in 2026?

Based on GuruFocus' analysis, Norske Skog ASA stock appears to be overvalued. The current stock price of kr41.95 is trading 24.9% above its estimated GF Value™ of kr33.59. GuruFocus considers Norske Skog ASA to be Modestly Overvalued.

Key valuation signals for OSL:NSKOG:

  • Days Inventory: 82.64 (14% above median its 10-year median of 72.39)
  • GF Value™: kr33.59 vs. price of kr41.95 (24.9% above fair value)
  • GF Score™: 75/100 with 8 warning signs
  • Industry Position: 8.1% below the Forest Products median (#125 of 271)

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


Norske Skog ASA Business Description

Other Exchanges NSKOGo:Sweden0BQ:Germany
Address Sjolyst plass 2, Oslo, NOR, 0278
Norske Skog ASA is a European company focused on the production of publication and packaging paper. The publication paper includes the production and sale of newsprint and magazine paper under the NOR brands. Packaging paper includes the production and sale of recycled containerboard under the Strato brand. Its product portfolio includes publication paper, recycled packaging paper, energy, and bioproducts. The company's core bioproducts are the nanocellulose product CEBINA and the bio-composite product CEBICO. Its reportable segments are Publication paper, Packaging paper, and Other activities. The majority of revenue is derived from the Publication paper segment. Geographically, the company generates the maximum revenue from Europe.
75GF Score

Get the complete analysis for OSL:NSKOG

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

kr41.95
Price
kr33.59
GF Value