Havas NV (WBO:HAV2) Inventory Turnover: 0.52 (As of Dec. 2025)


WBO:HAV2 Havas NV WBO:HAV2
20 GF Score
Price €18.15
! 7 Warning Signs
View Full Analysis

What is Havas NV Inventory Turnover?

Havas NV WBO:HAV2 +0.83% 20 Inventory Turnover is 0.52 as of Dec. 2025. GuruFocus rates WBO:HAV2 with a GF Score™ of 20/100. 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. Havas NV's Cost of Goods Sold for the six months ended in Dec. 2025 was €68 Mil. Havas NV's Average Total Inventories for the quarter that ended in Dec. 2025 was €132 Mil. Havas NV's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.52.

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 six months ended in Dec. 2025 was 354.26.

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 quarter that ended in Dec. 2025 was 0.09.

Havas NV  (WBO:HAV2) 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.

Havas NV'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
=132/68*365 / 2
=354.26

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 quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=132 / 1505
=0.09

* 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.

Havas NV Inventory Turnover Related Terms

Havas NV Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Havas NV'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.

Havas NV Inventory Turnover Chart

Havas NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 0.77 1.58 1.73 1.23 1.06

Havas NV Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 1.36 0.52 0.56 0.50 0.52
WBO:HAV2
20GF Score
Havas NV WBO:HAV2
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Havas NV Inventory Turnover Calculation

Havas NV'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 )
=130 / ((115 + 130) / 2 )
=130 / 122.5
=1.06

Havas NV'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 )
=68 / ((134 + 130) / 2 )
=68 / 132
=0.52

* 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 0.52 mean?
Havas NV (WBO:HAV2) has a Inventory Turnover of 0.52 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Havas NV and its competitors.
Is Havas NV's Inventory Turnover too high?
Havas NV's current Inventory Turnover is 0.52. 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 Inventory Turnover compare to APP and OMC?
Havas NV's Inventory Turnover of 0.52 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified 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 Havas NV and its competitors. Havas NV's current Inventory Turnover is 0.52. 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 Inventory Turnover of 0.52. The current Inventory Turnover is 0.52. 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 Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Havas NV (WBO:HAV2), the current Inventory Turnover is 0.52 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.
20GF Score

Get the complete analysis for WBO:HAV2

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

€18.15
Price