Covalon TechnologiesCVALF -0.64%82 Days Inventory is 178.50 as of Mar. 2026, which is 13% below its 10-year median of 204.10. GuruFocus rates CVALF with a GF Score™ of 82/100 and a GF Value™ of $1.54 (Fairly Valued). The stock has 2 warning signs investors should review. Among 786 Medical Devices & Instruments companies, Covalon Technologies ranks worse than 51.78% on this metric.
The historical rank and industry rank for Covalon Technologies's Days Inventory or its related term are showing as below:
CVALF'
s Days Inventory Range Over the Past 10 Years
Min: 130.82 Med: 204.1 Max: 325.02
Current: 183.27
During the past 13 years, Covalon Technologies's highest Days Inventory was 325.02. The lowest was 130.82. And the median was 204.10.
CVALF's Days Inventory is ranked worse than 51.78% of 786
companies
in the Medical Devices & Instruments industry
Industry Median: 179.86
vs CVALF: 183.27
Covalon Technologies's Days Inventory
declined
from Mar. 2025 (232.61) to Mar. 2026 (178.50).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Covalon Technologies's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.51.
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.
Covalon Technologies's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.75.
Covalon Technologies (OTCPK:CVALF) 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.
Covalon Technologies'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.
Covalon Technologies'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.
Covalon Technologies Days Inventory Related Terms
Covalon Technologies Days Inventory Historical Data
* Premium members only.
The historical data trend for Covalon Technologies'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.
CVALF vs ISRG, BDX, MDLN: Days Inventory Comparison
For the Medical Instruments & Supplies subindustry, Covalon Technologies'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.
Covalon Technologies Days Inventory vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Covalon Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Covalon Technologies's Days Inventory falls into.
* 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.
Covalon Technologies (CVALF) has a Days Inventory of 178.50 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Covalon Technologies and its competitors. This is 13% below median its historical median of 204.10. Over the past decade, Covalon Technologies' Days Inventory has ranged from 130.82 to 325.02. According to the industry distribution chart, Covalon Technologies ranks #407 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 51.8%.
Is Covalon Technologies' Days Inventory too high?
Covalon Technologies' current Days Inventory of 178.50 is 13% below median its 10-year median of 204.10. Over the past 10 years, this metric has ranged from a low of 130.82 to a high of 325.02. The Medical Devices & Instruments industry median Days Inventory is 179.86. Covalon Technologies' value of 178.50 is 0.8% below this industry median. Based on the distribution chart, Covalon Technologies ranks #407 out of 786 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Covalon Technologies has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Covalon Technologies' Days Inventory compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Covalon Technologies ranks #407 out of 786 companies for Days Inventory. This places Covalon Technologies in the lower half of its industry. The industry median Days Inventory is 179.86. Covalon Technologies' value of 178.50 is 0.8% below this benchmark. Historically, Covalon Technologies' own Days Inventory has ranged from 130.82 to 325.02 over the past decade. While the company's 10-year median is 204.10 vs. the industry median of 179.86, Covalon Technologies 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 Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.86, based on 786 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. Covalon Technologies's current Days Inventory of 178.50 is 0.8% 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 Covalon Technologies and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covalon Technologies's current Days Inventory is 178.50, which is 13% below median its own 10-year median of 204.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covalon Technologies stock overvalued right now?
Based on GuruFocus' analysis, Covalon Technologies (CVALF) is currently considered Fairly Valued. The stock's GF Value™ is $1.54, compared to a current price of $1.56 — trading 1.3% above its estimated fair value. The current Days Inventory is 178.50, which is 13% below median its 10-year median of 204.10 and 0.8% below the Medical Devices & Instruments industry median of 179.86. Covalon Technologies' overall GF Score™ is 82/100 with 2 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 Covalon Technologies (CVALF), the current Days Inventory is 178.50 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 Covalon Technologies (CVALF) Overvalued in 2026?
Based on GuruFocus' analysis, Covalon Technologies stock appears to be overvalued.
The current stock price of $1.56 is trading 1.3% above its estimated GF Value™ of $1.54.
GuruFocus considers Covalon Technologies to be Fairly Valued.
Key valuation signals for CVALF:
Days Inventory: 178.50 (13% below median its 10-year median of 204.10)
GF Value™: $1.54 vs. price of $1.56 (1.3% above fair value)
Industry Position: 0.8% below the Medical Devices & Instruments median (#407 of 786)
No single metric tells the full story. See the CVALF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Covalon Technologies Ltd is engaged in the business of researching, developing, manufacturing, and marketing patent-protected medical products that improve patient outcomes in the areas of infection management, wound care, and surgical procedures. The company generates revenue through development contracts, licensing agreements, distribution contracts, and sales. Its products include IV dressings, surgical site protection products, vascular access protection products, and others, and its solutions include primary dressing cover, vascular access technologies, advanced wound care, sensitive skin solutions, custom medical coatings, and patient resource support.
82GF Score
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