FCEL (FuelCell Energy) Days Inventory: 168.07 (As of Apr. 2026) — 31% Below Median


FCEL FuelCell Energy Inc FCEL
60 GF Score
Price $29.80
GF Value $7.92
Valuation Significantly Overvalued
! 11 Warning Signs
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What is FuelCell Energy Days Inventory?

FuelCell Energy FCEL +24.17% 60 Days Inventory is 168.07 as of Apr. 2026, which is 31% below its 10-year median of 242.39. GuruFocus rates FCEL with a GF Score™ of 60/100 and a GF Value™ of $7.92 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 2,968 Industrial Products companies, FuelCell Energy ranks worse than 72.04% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). FuelCell Energy's Average Total Inventories for the three months ended in Apr. 2026 was $89.4 Mil. FuelCell Energy's Cost of Goods Sold for the three months ended in Apr. 2026 was $48.5 Mil. Hence, FuelCell Energy's Days Inventory for the three months ended in Apr. 2026 was 168.07.

The historical rank and industry rank for FuelCell Energy's Days Inventory or its related term are showing as below:

FCEL' s Days Inventory Range Over the Past 10 Years
Min: 180.13   Med: 242.39   Max: 291.24
Current: 181.39

During the past 13 years, FuelCell Energy's highest Days Inventory was 291.24. The lowest was 180.13. And the median was 242.39.

FCEL's Days Inventory is ranked worse than
72.04% of 2968 companies
in the Industrial Products industry
Industry Median: 119.47 vs FCEL: 181.39

FuelCell Energy's Days Inventory declined from Apr. 2025 (242.81) to Apr. 2026 (168.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. FuelCell Energy's Inventory Turnover for the three months ended in Apr. 2026 was 0.54.

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. FuelCell Energy's Inventory-to-Revenue for the three months ended in Apr. 2026 was 2.51.


FuelCell Energy  (NAS:FCEL) 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.

FuelCell Energy's Inventory Turnover for the three months ended in Apr. 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.

FuelCell Energy's Inventory to Revenue for the three months ended in Apr. 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.


FuelCell Energy Days Inventory Related Terms


FuelCell Energy Days Inventory Historical Data

* Premium members only.

The historical data trend for FuelCell Energy'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.

FuelCell Energy Days Inventory Chart

FuelCell Energy Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.78 180.13 238.96 244.27 197.66

FuelCell Energy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Days Inventory 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 Premium Member Only 242.81 200.64 141.20 221.27 168.07

FCEL vs ENR, AMPX, PLPC: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, FuelCell Energy'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.


FuelCell Energy Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FuelCell Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where FuelCell Energy's Days Inventory falls into.


FCEL
60GF Score
FuelCell Energy Inc FCEL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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FuelCell Energy Days Inventory Calculation

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

FuelCell Energy's Days Inventory for the fiscal year that ended in Oct. 2025 is calculated as

Days Inventory (A: Oct. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2024 ) + Total Inventories (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (113.703 + 86.196) / 2 ) / 184.57*365
=99.9495 / 184.57*365
=197.66

FuelCell Energy's Days Inventory for the quarter that ended in Apr. 2026 is calculated as:

Days Inventory (Q: Apr. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2026 ) + Total Inventories (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (90.275 + 88.449) / 2 ) / 48.518*365 / 4
=89.362 / 48.518*365 / 4
=168.07

* 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 Days Inventory →
What does a Days Inventory of 168.07 mean?
FuelCell Energy (FCEL) has a Days Inventory of 168.07 as of Apr. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on FuelCell Energy and its competitors. This is 31% below median its historical median of 242.39. Over the past decade, FuelCell Energy's Days Inventory has ranged from 180.13 to 291.24. According to the industry distribution chart, FuelCell Energy ranks #2138 out of 2968 companies in the Industrial Products industry, placing it in the top 72%.
Is FuelCell Energy's Days Inventory too high?
FuelCell Energy's current Days Inventory of 168.07 is 31% below median its 10-year median of 242.39. Over the past 10 years, this metric has ranged from a low of 180.13 to a high of 291.24. The Industrial Products industry median Days Inventory is 119.47. FuelCell Energy's value of 168.07 is 40.7% above this industry median. Based on the distribution chart, FuelCell Energy ranks #2138 out of 2968 companies in the Industrial Products industry, which is below the industry midpoint. Overall, FuelCell Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FuelCell Energy's Days Inventory compare to ENR and AMPX?
According to the Industrial Products industry distribution chart, FuelCell Energy ranks #2138 out of 2968 companies for Days Inventory. This places FuelCell Energy in the lower half of its industry. The industry median Days Inventory is 119.47. FuelCell Energy's value of 168.07 is 40.7% above this benchmark. Historically, FuelCell Energy's own Days Inventory has ranged from 180.13 to 291.24 over the past decade. While the company's 10-year median is 242.39 vs. the industry median of 119.47, FuelCell Energy 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 2,968 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. FuelCell Energy's current Days Inventory of 168.07 is 40.7% 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 FuelCell Energy 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. FuelCell Energy's current Days Inventory is 168.07, which is 31% below median its own 10-year median of 242.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FuelCell Energy stock overvalued right now?
Based on GuruFocus' analysis, FuelCell Energy (FCEL) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.92, compared to a current price of $29.80 — trading 276.3% above its estimated fair value. The current Days Inventory is 168.07, which is 31% below median its 10-year median of 242.39 and 40.7% above the Industrial Products industry median of 119.47. FuelCell Energy's overall GF Score™ is 60/100 with 11 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 FuelCell Energy (FCEL), the current Days Inventory is 168.07 as of Apr. 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 FuelCell Energy (FCEL) Overvalued in 2026?

Based on GuruFocus' analysis, FuelCell Energy stock appears to be overvalued. The current stock price of $29.80 is trading 276.3% above its estimated GF Value™ of $7.92. GuruFocus considers FuelCell Energy to be Significantly Overvalued.

Key valuation signals for FCEL:

  • Days Inventory: 168.07 (31% below median its 10-year median of 242.39)
  • GF Value™: $7.92 vs. price of $29.80 (276.3% above fair value)
  • GF Score™: 60/100 with 11 warning signs
  • Industry Position: 40.7% above the Industrial Products median (#2138 of 2968)

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


FuelCell Energy Business Description

Address 3 Great Pasture Road, Danbury, CT, USA, 06810
FuelCell Energy Inc is a clean energy technology company engaged in the development, design, production, and servicing of high temperature fuel cells for clean electric power generation. The Company provides proprietary molten carbonate fuel cell systems that generate electricity electrochemically with ultra low emissions and high efficiency, and operates as a solutions provider managing the design, manufacturing, installation, and maintenance of its systems under long term power purchase, service, and engineering procurement agreements. The Company serves utilities, data centers, and commercial and industrial customers, and operates in the United States, South Korea, Europe, and Canada, with maximum revenue generated from the United States.
60GF Score

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

$29.80
Price
$7.92
GF Value