Cognor Holding (WAR:COG) Days Inventory: 83.29 (As of Mar. 2026) — 20% Above Median


WAR:COG Cognor Holding SA WAR:COG
74 GF Score
Price zł5.65
GF Value zł5.61
Valuation Fairly Valued
! 6 Warning Signs
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What is Cognor Holding Days Inventory?

Cognor Holding WAR:COG -2.59% 74 Days Inventory is 83.29 as of Mar. 2026, which is 20% above its 10-year median of 69.27. GuruFocus rates WAR:COG with a GF Score™ of 74/100 and a GF Value™ of zł5.61 (Fairly Valued). The stock has 6 warning signs investors should review. Among 582 Steel companies, Cognor Holding ranks worse than 51.37% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Cognor Holding's Average Total Inventories for the three months ended in Mar. 2026 was zł506 Mil. Cognor Holding's Cost of Goods Sold for the three months ended in Mar. 2026 was zł554 Mil. Hence, Cognor Holding's Days Inventory for the three months ended in Mar. 2026 was 83.29.

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

WAR:COG' s Days Inventory Range Over the Past 10 Years
Min: 57.48   Med: 69.27   Max: 88.55
Current: 88.55

During the past 13 years, Cognor Holding's highest Days Inventory was 88.55. The lowest was 57.48. And the median was 69.27.

WAR:COG's Days Inventory is ranked worse than
51.37% of 582 companies
in the Steel industry
Industry Median: 86.57 vs WAR:COG: 88.55

Cognor Holding's Days Inventory declined from Mar. 2025 (87.98) to Mar. 2026 (83.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cognor Holding'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. Cognor Holding's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.86.


Cognor Holding  (WAR:COG) 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.

Cognor Holding'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.

Cognor Holding'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.


Cognor Holding Days Inventory Related Terms


Cognor Holding Days Inventory Historical Data

* Premium members only.

The historical data trend for Cognor Holding'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.

Cognor Holding Days Inventory Chart

Cognor Holding 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 57.48 64.17 80.21 80.61 84.73

Cognor Holding 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 87.98 83.87 91.00 91.60 83.29

WAR:COG vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Cognor Holding'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.


Cognor Holding Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Cognor Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cognor Holding's Days Inventory falls into.


WAR:COG
74GF Score
Cognor Holding SA WAR:COG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Cognor Holding Days Inventory Calculation

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

Cognor Holding'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
=( (470.531 + 474.12) / 2 ) / 2034.65*365
=472.3255 / 2034.65*365
=84.73

Cognor Holding'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
=( (474.12 + 537.077) / 2 ) / 553.887*365 / 4
=505.5985 / 553.887*365 / 4
=83.29

* 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 83.29 mean?
Cognor Holding (WAR:COG) has a Days Inventory of 83.29 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cognor Holding and its competitors. This is 20% above median its historical median of 69.27. Over the past decade, Cognor Holding's Days Inventory has ranged from 57.48 to 88.55. According to the industry distribution chart, Cognor Holding ranks #299 out of 582 companies in the Steel industry, placing it in the top 51.4%.
Is Cognor Holding's Days Inventory too high?
Cognor Holding's current Days Inventory of 83.29 is 20% above median its 10-year median of 69.27. Over the past 10 years, this metric has ranged from a low of 57.48 to a high of 88.55. The Steel industry median Days Inventory is 86.57. Cognor Holding's value of 83.29 is 3.8% below this industry median. Based on the distribution chart, Cognor Holding ranks #299 out of 582 companies in the Steel industry, which is below the industry midpoint. Overall, Cognor Holding has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cognor Holding's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Cognor Holding ranks #299 out of 582 companies for Days Inventory. This places Cognor Holding in the lower half of its industry. The industry median Days Inventory is 86.57. Cognor Holding's value of 83.29 is 3.8% below this benchmark. Historically, Cognor Holding's own Days Inventory has ranged from 57.48 to 88.55 over the past decade. While the company's 10-year median is 69.27 vs. the industry median of 86.57, Cognor Holding 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 Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 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. Cognor Holding's current Days Inventory of 83.29 is 3.8% 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 Cognor Holding and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cognor Holding's current Days Inventory is 83.29, which is 20% above median its own 10-year median of 69.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognor Holding stock overvalued right now?
Based on GuruFocus' analysis, Cognor Holding (WAR:COG) is currently considered Fairly Valued. The stock's GF Value™ is zł5.61, compared to a current price of zł5.65 — trading 0.7% above its estimated fair value. The current Days Inventory is 83.29, which is 20% above median its 10-year median of 69.27 and 3.8% below the Steel industry median of 86.57. Cognor Holding's overall GF Score™ is 74/100 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 Cognor Holding (WAR:COG), the current Days Inventory is 83.29 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 Cognor Holding (WAR:COG) Overvalued in 2026?

Based on GuruFocus' analysis, Cognor Holding stock appears to be overvalued. The current stock price of zł5.65 is trading 0.7% above its estimated GF Value™ of zł5.61. GuruFocus considers Cognor Holding to be Fairly Valued.

Key valuation signals for WAR:COG:

  • Days Inventory: 83.29 (20% above median its 10-year median of 69.27)
  • GF Value™: zł5.61 vs. price of zł5.65 (0.7% above fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 3.8% below the Steel median (#299 of 582)

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


Cognor Holding Business Description

Other Exchanges WO9:Germany
Address ul. Zielona 26, Poraj, POL, 42-360
Cognor Holding SA operates in the steel industry. Along with its subsidiaries, the company is engaged in the business of scrap collection, scrap processing into steel billets, and steel products. Its product portfolio comprises metal bars, steel scrap, steel slabs, flat plates, round bars, and steel alloys, among others. The group operates in the following business segments: Zlomrex Metal (ZLMET), HSJ, Ferrostal (FER), OMS, JAP, and Others. The majority of its revenue is generated from the Ferrostal (FER) segment, which is involved in the production and sale of semi-finished steel products (raw steel) and final steel products to external customers. Geographically, the group generates maximum revenue from Poland, followed by Germany, Czechia, and other countries.
74GF Score

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

zł5.65
Price
zł5.61
GF Value