Norse Atlantic ASA (OSL:NORSE) Inventory Turnover: 23.50 (As of Mar. 2026)


OSL:NORSE Norse Atlantic ASA OSL:NORSE
29 GF Score
Price kr0.50
GF Value kr3.37
Valuation Possible Value Trap
! 3 Warning Signs
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What is Norse Atlantic ASA Inventory Turnover?

Norse Atlantic ASA OSL:NORSE +0.20% 29 Inventory Turnover is 23.50 as of Mar. 2026. GuruFocus rates OSL:NORSE with a GF Score™ of 29/100 and a GF Value™ of kr3.37 (Possible Value Trap). The stock has 3 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. Norse Atlantic ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was kr1,492 Mil. Norse Atlantic ASA's Average Total Inventories for the quarter that ended in Mar. 2026 was kr63 Mil. Norse Atlantic ASA's Inventory Turnover for the quarter that ended in Mar. 2026 was 23.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norse Atlantic ASA's Days Inventory for the three months ended in Mar. 2026 was 3.88.

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. Norse Atlantic ASA's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.04.

Norse Atlantic ASA  (OSL:NORSE) 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.

Norse Atlantic ASA's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=63.498/1492.109*365 / 4
=3.88

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.

Norse Atlantic ASA's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=63.498 / 1548.409
=0.04

* 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.

Norse Atlantic ASA Inventory Turnover Related Terms

Norse Atlantic ASA Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Norse Atlantic ASA'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.

Norse Atlantic ASA Inventory Turnover Chart

Norse Atlantic ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
0.00 87.26 166.51 146.00 113.32

Norse Atlantic ASA Quarterly Data
Feb20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.39 32.89 41.88 26.59 23.50
OSL:NORSE
29GF Score
Norse Atlantic ASA OSL:NORSE
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Norse Atlantic ASA Inventory Turnover Calculation

Norse Atlantic ASA'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 )
=6546.532 / ((51.625 + 63.916) / 2 )
=6546.532 / 57.7705
=113.32

Norse Atlantic ASA's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=1492.109 / ((63.916 + 63.08) / 2 )
=1492.109 / 63.498
=23.50

* 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 23.50 mean?
Norse Atlantic ASA (OSL:NORSE) has a Inventory Turnover of 23.50 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Norse Atlantic ASA and its competitors.
Is Norse Atlantic ASA's Inventory Turnover too high?
Norse Atlantic ASA's current Inventory Turnover is 23.50. Overall, Norse Atlantic ASA has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norse Atlantic ASA's Inventory Turnover compare to DAL and UAL?
Norse Atlantic ASA's Inventory Turnover of 23.50 can be compared against companies in the Transportation 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 a Transportation company?
A good Inventory Turnover depends on the Transportation 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 Norse Atlantic ASA and its competitors. Norse Atlantic ASA's current Inventory Turnover is 23.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norse Atlantic ASA stock overvalued right now?
Based on GuruFocus' analysis, Norse Atlantic ASA (OSL:NORSE) is currently considered Possible Value Trap. The stock's GF Value™ is kr3.37, compared to a current price of kr0.50 — trading 85.3% below its estimated fair value. The current Inventory Turnover is 23.50. Norse Atlantic ASA's overall GF Score™ is 29/100 with 3 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 Norse Atlantic ASA (OSL:NORSE), the current Inventory Turnover is 23.50 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 Norse Atlantic ASA (OSL:NORSE) Overvalued in 2026?

Based on GuruFocus' analysis, Norse Atlantic ASA stock appears to be undervalued. The current stock price of kr0.50 is trading 85.3% below its estimated GF Value™ of kr3.37. GuruFocus considers Norse Atlantic ASA to be Possible Value Trap.

Key valuation signals for OSL:NORSE:

  • Inventory Turnover: 23.50
  • GF Value™: kr3.37 vs. price of kr0.50 (85.3% below fair value)
  • GF Score™: 29/100 with 3 warning signs

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

Norse Atlantic ASA Business Description

Address Floyveien 14, Arendal, NOR, 4838
Norse Atlantic ASA is an airline offering affordable fares on direct, long-haul flights to popular destinations, along with specialized charter and ACMI services for tailored travel needs and extensive cargo operations. It operates a modern fleet of various fuel-efficient Boeing 787 Dreamliners, serving a network of destinations across North America, Europe, Africa, and Asia. Norse also provides charter flights for third parties, particularly during the lower-demand winter season. The company derives the majority of its revenue from passenger airfare income, followed by ancillary passenger income, lease rentals, charter income, and other sources. Geographically, it generates maximum revenue from the United States, and the rest from the United Kingdom, the Rest of Europe, Norway, and India.
29GF Score

Get the complete analysis for OSL:NORSE

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

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