NORSF (Norsk Titanium AS) Inventory Turnover: 0.44 (As of Dec. 2025)

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.

NORSF Norsk Titanium AS NORSF
44 GF Score
Price $0.11
GF Value $0.10
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Norsk Titanium AS Inventory Turnover?

Norsk Titanium AS NORSF 44 Inventory Turnover is 0.44 as of Dec. 2025. GuruFocus rates NORSF with a GF Score™ of 44/100 and a GF Value™ of $0.10 (Fairly Valued). The stock has 7 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Norsk Titanium AS's Cost of Goods Sold for the six months ended in Dec. 2025 was $3.83 Mil. Norsk Titanium AS's Average Total Inventories for the quarter that ended in Dec. 2025 was $8.72 Mil. Norsk Titanium AS's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norsk Titanium AS's Days Inventory for the six months ended in Dec. 2025 was 415.54.

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. Norsk Titanium AS's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 5.90.


Norsk Titanium AS  (OTCPK:NORSF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Norsk Titanium AS's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=8.716/3.828*365 / 2
=415.54

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.

Norsk Titanium AS's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=8.716 / 1.477
=5.90

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Norsk Titanium AS Inventory Turnover Related Terms


Norsk Titanium AS Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Norsk Titanium AS's Inventory Turnover 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.

Norsk Titanium AS Inventory Turnover Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 0.76 0.70 0.91 1.19 1.14

Norsk Titanium AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.61 0.68 0.64 0.44
NORSF
44GF Score
Norsk Titanium AS NORSF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norsk Titanium AS Inventory Turnover Calculation

Norsk Titanium AS's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=8.605 / ((6.274 + 8.784) / 2 )
=8.605 / 7.529
=1.14

Norsk Titanium AS's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=3.828 / ((8.648 + 8.784) / 2 )
=3.828 / 8.716
=0.44

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.44 mean?
Norsk Titanium AS (NORSF) has a Inventory Turnover of 0.44 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Norsk Titanium AS and its competitors.
Is Norsk Titanium AS's Inventory Turnover too high?
Norsk Titanium AS's current Inventory Turnover is 0.44. Overall, Norsk Titanium AS has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Norsk Titanium AS's Inventory Turnover compare to SPCX and GE?
Norsk Titanium AS's Inventory Turnover of 0.44 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Norsk Titanium AS and its competitors. Norsk Titanium AS's current Inventory Turnover is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Titanium AS stock overvalued right now?
Based on GuruFocus' analysis, Norsk Titanium AS (NORSF) is currently considered Fairly Valued. The stock's GF Value™ is $0.10, compared to a current price of $0.11 — trading 10% above its estimated fair value. The current Inventory Turnover is 0.44. Norsk Titanium AS's overall GF Score™ is 44/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Norsk Titanium AS (NORSF), the current Inventory Turnover is 0.44 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 Norsk Titanium AS (NORSF) Overvalued in 2026?

Based on GuruFocus' analysis, Norsk Titanium AS stock appears to be overvalued. The current stock price of $0.11 is trading 10% above its estimated GF Value™ of $0.10. GuruFocus considers Norsk Titanium AS to be Fairly Valued.

Key valuation signals for NORSF:

  • Inventory Turnover: 0.44
  • GF Value™: $0.10 vs. price of $0.11 (10% above fair value)
  • GF Score™: 44/100 with 7 warning signs

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


Norsk Titanium AS Business Description

Other Exchanges NTI:Norway84F:Germany
Address Flyplassveien 20, Honefoss, NOR, 3514
Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows it to deliver value propositions and position itself for expansion into other markets. Geographically, the company generates revenue from Norway, Europe, and the USA.
44GF Score

Get the complete analysis for NORSF

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

$0.11
Price
$0.10
GF Value