EnovixENVX -8.22%43 Days Inventory is 226.83 as of Mar. 2026, which is 210% above its 10-year median of 73.14. GuruFocus rates ENVX with a GF Score™ of 43/100 and a GF Value™ of $18.24 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,967 Industrial Products companies, Enovix ranks worse than 73.64% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Enovix's Average Total Inventories for the
three
months ended in Mar. 2026 was $15.03 Mil. Enovix's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $6.05 Mil.
Hence, Enovix's Days Inventory for the
three
months ended in Mar. 2026 was 226.83.
The historical rank and industry rank for Enovix's Days Inventory or its related term are showing as below:
ENVX'
s Days Inventory Range Over the Past 10 Years
Min: 9.96 Med: 73.14 Max: 187.5
Current: 187.5
During the past 6 years, Enovix's highest Days Inventory was 187.50. The lowest was 9.96. And the median was 73.14.
ENVX's Days Inventory is ranked worse than 73.64% of 2967
companies
in the Industrial Products industry
Industry Median: 119.47
vs ENVX: 187.50
Enovix's Days Inventory
increased
from Mar. 2025 (171.17) to Mar. 2026 (226.83).
It might indicate that Enovix's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Enovix's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.40.
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.
Enovix's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.98.
Enovix (NAS:ENVX) 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.
Enovix'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.
Enovix'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.
Enovix Days Inventory Related Terms
Enovix Days Inventory Historical Data
* Premium members only.
The historical data trend for Enovix'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.
For the Electrical Equipment & Parts subindustry, Enovix'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.
Enovix Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Enovix's Days Inventory distribution charts can be found below:
* The bar in red indicates where Enovix'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.
Enovix (ENVX) has a Days Inventory of 226.83 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Enovix and its competitors. This is 210% above median its historical median of 73.14. Over the past decade, Enovix's Days Inventory has ranged from 9.96 to 187.50. According to the industry distribution chart, Enovix ranks #2185 out of 2967 companies in the Industrial Products industry, placing it in the top 73.6%.
Is Enovix's Days Inventory too high?
Enovix's current Days Inventory of 226.83 is 210% above median its 10-year median of 73.14. Over the past 10 years, this metric has ranged from a low of 9.96 to a high of 187.50. The Industrial Products industry median Days Inventory is 119.47. Enovix's value of 226.83 is 89.9% above this industry median. Based on the distribution chart, Enovix ranks #2185 out of 2967 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Enovix has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Enovix's Days Inventory compare to FAC and ENR?
According to the Industrial Products industry distribution chart, Enovix ranks #2185 out of 2967 companies for Days Inventory. This places Enovix in the lower half of its industry. The industry median Days Inventory is 119.47. Enovix's value of 226.83 is 89.9% above this benchmark. Historically, Enovix's own Days Inventory has ranged from 9.96 to 187.50 over the past decade. While the company's 10-year median is 73.14 vs. the industry median of 119.47, Enovix 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,967 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. Enovix's current Days Inventory of 226.83 is 89.9% 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 Enovix and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enovix's current Days Inventory is 226.83, which is 210% above median its own 10-year median of 73.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enovix stock overvalued right now?
Based on GuruFocus' analysis, Enovix (ENVX) is currently considered Possible Value Trap. The stock's GF Value™ is $18.24, compared to a current price of $5.36 — trading 70.6% below its estimated fair value. The current Days Inventory is 226.83, which is 210% above median its 10-year median of 73.14 and 89.9% above the Industrial Products industry median of 119.47. Enovix's overall GF Score™ is 43/100 with 3 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 Enovix (ENVX), the current Days Inventory is 226.83 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 Enovix (ENVX) Overvalued in 2026?
Based on GuruFocus' analysis, Enovix stock appears to be undervalued.
The current stock price of $5.36 is trading 70.6% below its estimated GF Value™ of $18.24.
GuruFocus considers Enovix to be Possible Value Trap.
Key valuation signals for ENVX:
Days Inventory: 226.83 (210% above median its 10-year median of 73.14)
GF Value™: $18.24 vs. price of $5.36 (70.6% below fair value)
Industry Position: 89.9% above the Industrial Products median (#2185 of 2967)
No single metric tells the full story. See the ENVX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enovix Corp is engaged in designing, developing, manufacturing, and commercializing Lithium-ion, or Li-ion, battery cells. It uses BreakFlow and Encapsulation technologies to manufacture high capacity and resilient batteries. The company's product portfolio comprises power disc batteries, flexible lithium-ion polymer batteries, superior lithium-ion polymer batteries, active silicon lithium-ion cells, and others. Geographically, the company generates maximum revenue from its customers in South Korea, followed by Switzerland, the United States, Norway, Taiwan, and other regions.
43GF Score
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