TOP ShipsTOPS +0.67%49 Days Inventory is 4.71 as of Dec. 2025, which is 33% below its 10-year median of 7.06. GuruFocus rates TOPS with a GF Score™ of 49/100 and a GF Value™ of $4.24 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 685 Oil & Gas companies, TOP Ships ranks better than 84.23% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). TOP Ships's Average Total Inventories for the
six
months ended in Dec. 2025 was $0.78 Mil. TOP Ships's Cost of Goods Sold for the
six
months ended in Dec. 2025 was $30.18 Mil.
Hence, TOP Ships's Days Inventory for the
six
months ended in Dec. 2025 was 4.71.
The historical rank and industry rank for TOP Ships's Days Inventory or its related term are showing as below:
TOPS'
s Days Inventory Range Over the Past 10 Years
Min: 5.73 Med: 7.06 Max: 8.17
Current: 7.11
During the past 13 years, TOP Ships's highest Days Inventory was 8.17. The lowest was 5.73. And the median was 7.06.
TOPS's Days Inventory is ranked better than 84.23% of 685
companies
in the Oil & Gas industry
Industry Median: 31.01
vs TOPS: 7.11
TOP Ships's Days Inventory
declined
from Dec. 2024 (5.49) to Dec. 2025 (4.71).
Inventory Turnover measures how fast the company turns over its inventory within a year.
TOP Ships's Inventory Turnover for the
six
months ended in Dec. 2025 was 38.77.
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.
TOP Ships's Inventory-to-Revenue for the
six
months ended in Dec. 2025 was 0.02.
TOP Ships (AMEX:TOPS) 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.
TOP Ships's Inventory Turnover for the
six
months ended in Dec. 2025 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.
TOP Ships's Inventory to Revenue for the
six
months ended in Dec. 2025 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.
TOP Ships Days Inventory Related Terms
TOP Ships Days Inventory Historical Data
* Premium members only.
The historical data trend for TOP Ships'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.
TOPS vs RBNE, CWPE, MARPS: Days Inventory Comparison
For the Oil & Gas Midstream subindustry, TOP Ships'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.
TOP Ships Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TOP Ships's Days Inventory distribution charts can be found below:
* The bar in red indicates where TOP Ships'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.
TOP Ships (TOPS) has a Days Inventory of 4.71 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on TOP Ships and its competitors. This is 33% below median its historical median of 7.06. Over the past decade, TOP Ships' Days Inventory has ranged from 5.73 to 8.17. According to the industry distribution chart, TOP Ships ranks #108 out of 685 companies in the Oil & Gas industry, placing it in the top 15.8%.
Is TOP Ships' Days Inventory too high?
TOP Ships' current Days Inventory of 4.71 is 33% below median its 10-year median of 7.06. Over the past 10 years, this metric has ranged from a low of 5.73 to a high of 8.17. The Oil & Gas industry median Days Inventory is 31.01. TOP Ships' value of 4.71 is 84.8% below this industry median. Based on the distribution chart, TOP Ships ranks #108 out of 685 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, TOP Ships has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TOP Ships' Days Inventory compare to RBNE and CWPE?
According to the Oil & Gas industry distribution chart, TOP Ships ranks #108 out of 685 companies for Days Inventory. This places TOP Ships in the top 16% of its industry — outperforming the majority of peers. The industry median Days Inventory is 31.01. TOP Ships' value of 4.71 is 84.8% below this benchmark. Historically, TOP Ships' own Days Inventory has ranged from 5.73 to 8.17 over the past decade. While the company's 10-year median is 7.06 vs. the industry median of 31.01, TOP Ships 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 31.01, 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. TOP Ships's current Days Inventory of 4.71 is 84.8% 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 TOP Ships and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOP Ships's current Days Inventory is 4.71, which is 33% below median its own 10-year median of 7.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOP Ships stock overvalued right now?
Based on GuruFocus' analysis, TOP Ships (TOPS) is currently considered Possible Value Trap. The stock's GF Value™ is $4.24, compared to a current price of $0.90 — trading 78.8% below its estimated fair value. The current Days Inventory is 4.71, which is 33% below median its 10-year median of 7.06 and 84.8% below the Oil & Gas industry median of 31.01. TOP Ships' overall GF Score™ is 49/100 with 6 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 TOP Ships (TOPS), the current Days Inventory is 4.71 as of Dec. 2025. 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 TOP Ships (TOPS) Overvalued in 2026?
Based on GuruFocus' analysis, TOP Ships stock appears to be undervalued.
The current stock price of $0.90 is trading 78.8% below its estimated GF Value™ of $4.24.
GuruFocus considers TOP Ships to be Possible Value Trap.
Key valuation signals for TOPS:
Days Inventory: 4.71 (33% below median its 10-year median of 7.06)
GF Value™: $4.24 vs. price of $0.90 (78.8% below fair value)
Industry Position: 84.8% below the Oil & Gas median (#108 of 685)
No single metric tells the full story. See the TOPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOP Ships Inc owns tanker vessels throughout the world. The Company is an international owner and operator of modern, fuel-efficient eco-tanker vessels, focusing on the transportation of crude oil, petroleum products (both clean and dirty), and bulk liquid chemicals. It generates revenue from the Time Charter agreements. The company operates in two reportable segments: (i) the tanker segment and (ii) the megayacht segment.
49GF Score
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