Techstep ASA (OSL:TECH) Days Inventory: 0.48 (As of Mar. 2026) — 95% Below Median


OSL:TECH Techstep ASA OSL:TECH
46 GF Score
Price kr8.08
GF Value kr9.52
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Techstep ASA Days Inventory?

Techstep ASA OSL:TECH +0.75% 46 Days Inventory is 0.48 as of Mar. 2026, which is 95% below its 10-year median of 9.14. GuruFocus rates OSL:TECH with a GF Score™ of 46/100 and a GF Value™ of kr9.52 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,413 Hardware companies, Techstep ASA ranks better than 99.63% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Techstep ASA's Average Total Inventories for the three months ended in Mar. 2026 was kr1.0 Mil. Techstep ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr185.9 Mil. Hence, Techstep ASA's Days Inventory for the three months ended in Mar. 2026 was 0.48.

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

OSL:TECH' s Days Inventory Range Over the Past 10 Years
Min: 1.35   Med: 9.14   Max: 10.27
Current: 1.35

During the past 13 years, Techstep ASA's highest Days Inventory was 10.27. The lowest was 1.35. And the median was 9.14.

OSL:TECH's Days Inventory is ranked better than
99.63% of 2413 companies
in the Hardware industry
Industry Median: 94.29 vs OSL:TECH: 1.35

Techstep ASA's Days Inventory declined from Mar. 2025 (2.04) to Mar. 2026 (0.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Techstep ASA's Inventory Turnover for the three months ended in Mar. 2026 was 189.82.

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. Techstep ASA's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.00.


Techstep ASA  (OSL:TECH) 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.

Techstep 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.

Techstep 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.


Techstep ASA Days Inventory Related Terms


Techstep ASA Days Inventory Historical Data

* Premium members only.

The historical data trend for Techstep 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.

Techstep ASA Days Inventory Chart

Techstep 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 10.27 9.61 9.61 4.42 1.49

Techstep 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 2.04 1.75 2.02 1.38 0.48

OSL:TECH vs CSCO, CIEN, MSI: Days Inventory Comparison

For the Communication Equipment subindustry, Techstep 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.


Techstep ASA Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Techstep ASA's Days Inventory distribution charts can be found below:

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


OSL:TECH
46GF Score
Techstep ASA OSL:TECH
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Techstep ASA Days Inventory Calculation

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

Techstep 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
=( (4.663 + 1.339) / 2 ) / 737.125*365
=3.001 / 737.125*365
=1.49

Techstep 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
=( (1.339 + 0.62) / 2 ) / 185.925*365 / 4
=0.9795 / 185.925*365 / 4
=0.48

* 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 0.48 mean?
Techstep ASA (OSL:TECH) has a Days Inventory of 0.48 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Techstep ASA and its competitors. This is 95% below median its historical median of 9.14. Over the past decade, Techstep ASA's Days Inventory has ranged from 1.35 to 10.27. According to the industry distribution chart, Techstep ASA ranks #9 out of 2413 companies in the Hardware industry, placing it in the top 0.40000000000001%.
Is Techstep ASA's Days Inventory too high?
Techstep ASA's current Days Inventory of 0.48 is 95% below median its 10-year median of 9.14. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 10.27. The Hardware industry median Days Inventory is 94.29. Techstep ASA's value of 0.48 is 99.5% below this industry median. Based on the distribution chart, Techstep ASA ranks #9 out of 2413 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Techstep ASA has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Techstep ASA's Days Inventory compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Techstep ASA ranks #9 out of 2413 companies for Days Inventory. This places Techstep ASA in the top 0% of its industry — outperforming the majority of peers. The industry median Days Inventory is 94.29. Techstep ASA's value of 0.48 is 99.5% below this benchmark. Historically, Techstep ASA's own Days Inventory has ranged from 1.35 to 10.27 over the past decade. While the company's 10-year median is 9.14 vs. the industry median of 94.29, Techstep 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 Hardware company?
The median Days Inventory among Hardware companies is 94.29, based on 2,413 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. Techstep ASA's current Days Inventory of 0.48 is 99.5% 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 Techstep ASA and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techstep ASA's current Days Inventory is 0.48, which is 95% below median its own 10-year median of 9.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstep ASA stock overvalued right now?
Based on GuruFocus' analysis, Techstep ASA (OSL:TECH) is currently considered Modestly Undervalued. The stock's GF Value™ is kr9.52, compared to a current price of kr8.08 — trading 15.1% below its estimated fair value. The current Days Inventory is 0.48, which is 95% below median its 10-year median of 9.14 and 99.5% below the Hardware industry median of 94.29. Techstep ASA's overall GF Score™ is 46/100 with 5 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 Techstep ASA (OSL:TECH), the current Days Inventory is 0.48 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 Techstep ASA (OSL:TECH) Overvalued in 2026?

Based on GuruFocus' analysis, Techstep ASA stock appears to be undervalued. The current stock price of kr8.08 is trading 15.1% below its estimated GF Value™ of kr9.52. GuruFocus considers Techstep ASA to be Modestly Undervalued.

Key valuation signals for OSL:TECH:

  • Days Inventory: 0.48 (95% below median its 10-year median of 9.14)
  • GF Value™: kr9.52 vs. price of kr8.08 (15.1% below fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 99.5% below the Hardware median (#9 of 2413)

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


Techstep ASA Business Description

Other Exchanges 0K2D:UK
Address Brynsalleen 4, Oslo, NOR, 0667
Techstep ASA is a Nordic enabler of the mobile workplace, delivering a full range of devices and services to facilitate mobile workplaces. The company bundles mobile devices, software, information security, and expertise for its customers. Its Device Lifecycle Management Platform enables IT vendors to scale and optimise their Device-as-a-Service business, enhancing efficiency, control, and user experience at every lifecycle stage. In addition, the company offers various workplace devices and services such as mobile devices and accessories, laptops, device management and security services, and others. A majority of its revenue is generated from the provision of workplace devices for its clients. Geographically, it derives maximum revenue from Norway, followed by Sweden, Denmark, and Poland.
46GF Score

Get the complete analysis for OSL:TECH

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

kr8.08
Price
kr9.52
GF Value