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Var Energi ASAOSL:VAR +3.02%80 Days Inventory is 25.89 as of Mar. 2026, which is 27% below its 10-year median of 35.67. GuruFocus rates OSL:VAR with a GF Score™ of 80/100 and a GF Value™ of kr44.84 (Fairly Valued). The stock has 4 warning signs investors should review. Among 685 Oil & Gas companies, Var Energi ASA ranks better than 56.2% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Var Energi ASA's Average Total Inventories for the
three
months ended in Mar. 2026 was kr3,366 Mil. Var Energi ASA's Cost of Goods Sold for the
three
months ended in Mar. 2026 was kr11,860 Mil.
Hence, Var Energi ASA's Days Inventory for the
three
months ended in Mar. 2026 was 25.89.
The historical rank and industry rank for Var Energi ASA's Days Inventory or its related term are showing as below:
OSL:VAR'
s Days Inventory Range Over the Past 10 Years
Min: 25.9 Med: 35.67 Max: 72.19
Current: 25.9
During the past 8 years, Var Energi ASA's highest Days Inventory was 72.19. The lowest was 25.90. And the median was 35.67.
OSL:VAR's Days Inventory is ranked better than 56.2% of 685
companies
in the Oil & Gas industry
Industry Median: 30.99
vs OSL:VAR: 25.90
Var Energi ASA's Days Inventory
declined
from Mar. 2025 (31.45) to Mar. 2026 (25.89).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Var Energi ASA's Inventory Turnover for the
three
months ended in Mar. 2026 was 3.52.
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.
Var Energi ASA's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.13.
Var Energi ASA (OSL:VAR) 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.
Var Energi 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.
Var Energi 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.
Var Energi ASA Days Inventory Related Terms
Var Energi ASA Days Inventory Historical Data
* Premium members only.
The historical data trend for Var Energi 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.
OSL:VAR vs COP, EOG, FANG: Days Inventory Comparison
For the Oil & Gas E&P subindustry, Var Energi 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.
Var Energi ASA Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Var Energi ASA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Var Energi ASA's Days Inventory falls into.
* 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.
Var Energi ASA (OSL:VAR) has a Days Inventory of 25.89 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Var Energi ASA and its competitors. This is 27% below median its historical median of 35.67. Over the past decade, Var Energi ASA's Days Inventory has ranged from 25.90 to 72.19. According to the industry distribution chart, Var Energi ASA ranks #300 out of 685 companies in the Oil & Gas industry, placing it in the top 43.8%.
Is Var Energi ASA's Days Inventory too high?
Var Energi ASA's current Days Inventory of 25.89 is 27% below median its 10-year median of 35.67. Over the past 10 years, this metric has ranged from a low of 25.90 to a high of 72.19. The Oil & Gas industry median Days Inventory is 30.99. Var Energi ASA's value of 25.89 is 16.5% below this industry median. Based on the distribution chart, Var Energi ASA ranks #300 out of 685 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Var Energi ASA has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Var Energi ASA's Days Inventory compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Var Energi ASA ranks #300 out of 685 companies for Days Inventory. This puts Var Energi ASA in the upper half of its industry. The industry median Days Inventory is 30.99. Var Energi ASA's value of 25.89 is 16.5% below this benchmark. Historically, Var Energi ASA's own Days Inventory has ranged from 25.90 to 72.19 over the past decade. While the company's 10-year median is 35.67 vs. the industry median of 30.99, Var Energi 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 an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 30.99, based on 685 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. Var Energi ASA's current Days Inventory of 25.89 is 16.5% 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 Var Energi ASA and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Var Energi ASA's current Days Inventory is 25.89, which is 27% below median its own 10-year median of 35.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Var Energi ASA stock overvalued right now?
Based on GuruFocus' analysis, Var Energi ASA (OSL:VAR) is currently considered Fairly Valued. The stock's GF Value™ is kr44.84, compared to a current price of kr43.33 — trading 3.4% below its estimated fair value. The current Days Inventory is 25.89, which is 27% below median its 10-year median of 35.67 and 16.5% below the Oil & Gas industry median of 30.99. Var Energi ASA's overall GF Score™ is 80/100 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 Var Energi ASA (OSL:VAR), the current Days Inventory is 25.89 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 Var Energi ASA (OSL:VAR) Overvalued in 2026?
Based on GuruFocus' analysis, Var Energi ASA stock appears to be undervalued.
The current stock price of kr43.33 is trading 3.4% below its estimated GF Value™ of kr44.84.
GuruFocus considers Var Energi ASA to be Fairly Valued.
Key valuation signals for OSL:VAR:
Days Inventory: 25.89 (27% below median its 10-year median of 35.67)
GF Value™: kr44.84 vs. price of kr43.33 (3.4% below fair value)
Industry Position: 16.5% below the Oil & Gas median (#300 of 685)
No single metric tells the full story. See the OSL:VAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Var Energi ASA is an independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL. Var Energi is the operator of the following producing fields: Goliat (Barents Sea), Fenja (Norwegian Sea), Gjoa, Duva, Balder, and Ringhorne (North Sea).
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