Havas NV (WBO:HAV2) Days Inventory: 354.26 (As of Dec. 2025) — 20% Above Median


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What is Havas NV Days Inventory?

Havas NV WBO:HAV2 +0.83% 20 Days Inventory is 354.26 as of Dec. 2025, which is 20% above its 10-year median of 296.02. GuruFocus rates WBO:HAV2 with a GF Score™ of 20/100. The stock has 7 warning signs investors should review. Among 663 Media - Diversified companies, Havas NV ranks worse than 92.16% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Havas NV's Average Total Inventories for the six months ended in Dec. 2025 was €132 Mil. Havas NV's Cost of Goods Sold for the six months ended in Dec. 2025 was €68 Mil. Hence, Havas NV's Days Inventory for the six months ended in Dec. 2025 was 354.26.

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

WBO:HAV2' s Days Inventory Range Over the Past 10 Years
Min: 211.37   Med: 296.02   Max: 471.31
Current: 354.71

During the past 6 years, Havas NV's highest Days Inventory was 471.31. The lowest was 211.37. And the median was 296.02.

WBO:HAV2's Days Inventory is ranked worse than
92.16% of 663 companies
in the Media - Diversified industry
Industry Median: 28.7 vs WBO:HAV2: 354.71

Havas NV's Days Inventory increased from Dec. 2024 (324.00) to Dec. 2025 (354.26). It might indicate that Havas NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Havas NV's Inventory Turnover for the six months ended in Dec. 2025 was 0.52.

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. Havas NV's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.09.


Havas NV  (WBO:HAV2) 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.

Havas NV'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.

Havas NV'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.


Havas NV Days Inventory Related Terms


Havas NV Days Inventory Historical Data

* Premium members only.

The historical data trend for Havas NV'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.

Havas NV Days Inventory Chart

Havas NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 471.31 231.51 211.37 296.02 343.94

Havas NV Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Inventory Get a 7-Day Free Trial Premium Member Only 133.93 347.69 324.00 366.47 354.26

WBO:HAV2 vs APP, OMC, TTD: Days Inventory Comparison

For the Advertising Agencies subindustry, Havas NV'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.


Havas NV Days Inventory vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Havas NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Havas NV's Days Inventory falls into.


WBO:HAV2
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Havas NV Days Inventory Calculation

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

Havas NV'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
=( (115 + 130) / 2 ) / 130*365
=122.5 / 130*365
=343.94

Havas NV's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (134 + 130) / 2 ) / 68*365 / 2
=132 / 68*365 / 2
=354.26

* 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 354.26 mean?
Havas NV (WBO:HAV2) has a Days Inventory of 354.26 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Havas NV and its competitors. This is 20% above median its historical median of 296.02. Over the past decade, Havas NV's Days Inventory has ranged from 211.37 to 471.31. According to the industry distribution chart, Havas NV ranks #611 out of 663 companies in the Media - Diversified industry, placing it in the top 92.2%.
Is Havas NV's Days Inventory too high?
Havas NV's current Days Inventory of 354.26 is 20% above median its 10-year median of 296.02. Over the past 10 years, this metric has ranged from a low of 211.37 to a high of 471.31. The Media - Diversified industry median Days Inventory is 28.70. Havas NV's value of 354.26 is 1134.4% above this industry median. Based on the distribution chart, Havas NV ranks #611 out of 663 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Havas NV has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Havas NV's Days Inventory compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Havas NV ranks #611 out of 663 companies for Days Inventory. This places Havas NV in the lower half of its industry. The industry median Days Inventory is 28.70. Havas NV's value of 354.26 is 1134.4% above this benchmark. Historically, Havas NV's own Days Inventory has ranged from 211.37 to 471.31 over the past decade. While the company's 10-year median is 296.02 vs. the industry median of 28.70, Havas NV has consistently been above 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 Media - Diversified company?
The median Days Inventory among Media - Diversified companies is 28.70, based on 663 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. Havas NV's current Days Inventory of 354.26 is 1134.4% above 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 Havas NV and its competitors. For the Media - Diversified industry, the median Days Inventory is 28.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Havas NV's current Days Inventory is 354.26, which is 20% above median its own 10-year median of 296.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havas NV stock overvalued right now?
Havas NV (WBO:HAV2) has a current Days Inventory of 354.26. The current Days Inventory is 354.26, which is 20% above median its 10-year median of 296.02 and 1134.4% above the Media - Diversified industry median of 28.70. Havas NV's overall GF Score™ is 20/100 with 7 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 Havas NV (WBO:HAV2), the current Days Inventory is 354.26 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.

Havas NV Business Description

Address 29-30, quai de Dion Bouton, Puteaux, FRA, 92800
Havas NV is a communications group providing integrated advertising, media, and healthcare-focused communication services. Its has three business lines: (i) Havas Creative, which delivers creative services, from advertising, brand strategy and business transformation to digital and social media solutions as well as public relations and events; (ii) Havas Media, which is dedicated to delivering comprehensive media experiences, through media planning and buying, fan engagement, retail media and e-commerce, as well as data analytics services to optimize client advertising investments; and (iii) Havas Health, which focuses on healthcare and wellness communications, providing specialized marketing services to pharmaceutical companies. The majority of revenue is derived from Havas Creative.
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