NCAB Group AB (STU:XB1) Days Inventory: 28.54 (As of Jun. 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:XB1 NCAB Group AB STU:XB1
89 GF Score
Price €7.39
GF Value €6.22
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is NCAB Group AB Days Inventory?

NCAB Group AB STU:XB1 -1.79% 89 Days Inventory is 28.54 as of Jun. 2026, which is 35% below its 10-year median of 43.84. GuruFocus rates STU:XB1 with a GF Score™ of 89/100 and a GF Value™ of €6.22 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,410 Hardware companies, NCAB Group AB ranks better than 85.77% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). NCAB Group AB's Average Total Inventories for the three months ended in Jun. 2026 was €29.8 Mil. NCAB Group AB's Cost of Goods Sold for the three months ended in Jun. 2026 was €95.4 Mil. Hence, NCAB Group AB's Days Inventory for the three months ended in Jun. 2026 was 28.54.

The historical rank and industry rank for NCAB Group AB's Days Inventory or its related term are showing as below:

STU:XB1' s Days Inventory Range Over the Past 10 Years
Min: 34.04   Med: 43.84   Max: 61.44
Current: 42.19

During the past 9 years, NCAB Group AB's highest Days Inventory was 61.44. The lowest was 34.04. And the median was 43.84.

STU:XB1's Days Inventory is ranked better than
85.77% of 2410 companies
in the Hardware industry
Industry Median: 96.385 vs STU:XB1: 42.19

NCAB Group AB's Days Inventory increased from Jun. 2025 (27.05) to Jun. 2026 (28.54). It might indicate that NCAB Group AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NCAB Group AB's Inventory Turnover for the three months ended in Jun. 2026 was 3.20.

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. NCAB Group AB's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.28.


NCAB Group AB  (STU:XB1) 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.

NCAB Group AB's Inventory Turnover for the three months ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=95.397754482213 / 29.832555010678
=3.20

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.

NCAB Group AB's Inventory to Revenue for the three months ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=29.832555010678 / 107.22718625011
=0.28

* 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.


NCAB Group AB Days Inventory Related Terms


NCAB Group AB Days Inventory Historical Data

* Premium members only.

The historical data trend for NCAB Group AB'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.

NCAB Group AB Days Inventory Chart

NCAB Group AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only 46.17 49.58 46.05 37.25 35.37

NCAB Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 27.05 29.14 33.17 29.14 28.54

STU:XB1 vs APH, GLW, TEL: Days Inventory Comparison

For the Electronic Components subindustry, NCAB Group AB'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.


NCAB Group AB Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, NCAB Group AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where NCAB Group AB's Days Inventory falls into.


STU:XB1
89GF Score
NCAB Group AB STU:XB1
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NCAB Group AB Days Inventory Calculation

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

NCAB Group AB'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
=( (25.690079250656 + 30.469234411642) / 2 ) / 289.79607873789*365
=28.079656831149 / 289.79607873789*365
=35.37

NCAB Group AB's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (26.95846248937 + 32.706647531986) / 2 ) / 95.397754482213*365 / 4
=29.832555010678 / 95.397754482213*365 / 4
=28.54

* 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 28.54 mean?
NCAB Group AB (STU:XB1) has a Days Inventory of 28.54 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NCAB Group AB and its competitors. This is 35% below median its historical median of 43.84. Over the past decade, NCAB Group AB's Days Inventory has ranged from 34.04 to 61.44. According to the industry distribution chart, NCAB Group AB ranks #343 out of 2410 companies in the Hardware industry, placing it in the top 14.2%.
Is NCAB Group AB's Days Inventory too high?
NCAB Group AB's current Days Inventory of 28.54 is 35% below median its 10-year median of 43.84. Over the past 10 years, this metric has ranged from a low of 34.04 to a high of 61.44. The Hardware industry median Days Inventory is 96.39. NCAB Group AB's value of 28.54 is 70.4% below this industry median. Based on the distribution chart, NCAB Group AB ranks #343 out of 2410 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, NCAB Group AB has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCAB Group AB's Days Inventory compare to APH and GLW?
According to the Hardware industry distribution chart, NCAB Group AB ranks #343 out of 2410 companies for Days Inventory. This places NCAB Group AB in the top 14% of its industry — outperforming the majority of peers. The industry median Days Inventory is 96.39. NCAB Group AB's value of 28.54 is 70.4% below this benchmark. Historically, NCAB Group AB's own Days Inventory has ranged from 34.04 to 61.44 over the past decade. While the company's 10-year median is 43.84 vs. the industry median of 96.39, NCAB Group AB 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 96.39, based on 2,410 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. NCAB Group AB's current Days Inventory of 28.54 is 70.4% 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 NCAB Group AB and its competitors. For the Hardware industry, the median Days Inventory is 96.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NCAB Group AB's current Days Inventory is 28.54, which is 35% below median its own 10-year median of 43.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCAB Group AB stock overvalued right now?
Based on GuruFocus' analysis, NCAB Group AB (STU:XB1) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.22, compared to a current price of €7.39 — trading 18.8% above its estimated fair value. The current Days Inventory is 28.54, which is 35% below median its 10-year median of 43.84 and 70.4% below the Hardware industry median of 96.39. NCAB Group AB's overall GF Score™ is 89/100 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 NCAB Group AB (STU:XB1), the current Days Inventory is 28.54 as of Jun. 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 NCAB Group AB (STU:XB1) Overvalued in 2026?

Based on GuruFocus' analysis, NCAB Group AB stock appears to be overvalued. The current stock price of €7.39 is trading 18.8% above its estimated GF Value™ of €6.22. GuruFocus considers NCAB Group AB to be Modestly Overvalued.

Key valuation signals for STU:XB1:

  • Days Inventory: 28.54 (35% below median its 10-year median of 43.84)
  • GF Value™: €6.22 vs. price of €7.39 (18.8% above fair value)
  • GF Score™: 89/100 with 8 warning signs
  • Industry Position: 70.4% below the Hardware median (#343 of 2410)

No single metric tells the full story. See the STU:XB1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCAB Group AB Business Description

Address Lofstroms alle 5, Sundbyberg, SWE, 172 66
NCAB Group AB is a Swedish company that supplies printed circuit boards (PCBs) to electronics manufacturers. It operates as a fabless distributor: rather than owning production facilities, it sources PCBs from a network of external manufacturers, primarily in China, and manages the process from design support and prototyping through volume production and quality control. Its product range includes multilayer, HDI, flex and rigid-flex PCBs, along with related technical services. Customers are mainly industrial and electronics companies across sectors such as automotive, telecom, medical and industrial equipment. The company organizes its operations into geographic segments covering the Nordics, Europe, East (Asia) and North America, with Europe representing its largest market. Revenue is generated through the sale of sourced PCBs and associated services, with local sales companies providing customer support close to the client.
89GF Score

Get the complete analysis for STU:XB1

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

€7.39
Price
€6.22
GF Value