FINMF (Leonardo SpA) Days Inventory: 84.06 (As of Mar. 2026) — 30% Below Median


FINMF Leonardo SpA FINMF
84 GF Score
Price $54.08
GF Value $34.92
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Leonardo SpA Days Inventory?

Leonardo SpA FINMF +2.19% 84 Days Inventory is 84.06 as of Mar. 2026, which is 30% below its 10-year median of 119.86. GuruFocus rates FINMF with a GF Score™ of 84/100 and a GF Value™ of $34.92 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 325 Aerospace & Defense companies, Leonardo SpA ranks better than 73.85% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Leonardo SpA's Average Total Inventories for the three months ended in Mar. 2026 was $4,272 Mil. Leonardo SpA's Cost of Goods Sold for the three months ended in Mar. 2026 was $4,638 Mil. Hence, Leonardo SpA's Days Inventory for the three months ended in Mar. 2026 was 84.06.

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

FINMF' s Days Inventory Range Over the Past 10 Years
Min: 74.59   Med: 119.86   Max: 125.07
Current: 74.59

During the past 13 years, Leonardo SpA's highest Days Inventory was 125.07. The lowest was 74.59. And the median was 119.86.

FINMF's Days Inventory is ranked better than
73.85% of 325 companies
in the Aerospace & Defense industry
Industry Median: 141.54 vs FINMF: 74.59

Leonardo SpA's Days Inventory declined from Mar. 2025 (85.03) to Mar. 2026 (84.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Leonardo SpA's Inventory Turnover for the three months ended in Mar. 2026 was 1.09.

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. Leonardo SpA's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.83.


Leonardo SpA  (OTCPK:FINMF) 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.

Leonardo SpA'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.

Leonardo SpA'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.


Leonardo SpA Days Inventory Related Terms


Leonardo SpA Days Inventory Historical Data

* Premium members only.

The historical data trend for Leonardo SpA'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.

Leonardo SpA Days Inventory Chart

Leonardo SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.25 118.16 118.10 122.24 118.74

Leonardo SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 85.03 90.84 100.20 71.50 84.06

FINMF vs GE, RTX, BA: Days Inventory Comparison

For the Aerospace & Defense subindustry, Leonardo SpA'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.


Leonardo SpA Days Inventory vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Leonardo SpA's Days Inventory falls into.


FINMF
84GF Score
Leonardo SpA FINMF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leonardo SpA Days Inventory Calculation

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

Leonardo SpA's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (5921.466 + 7213.115) / 2 ) / 20187.354*365
=6567.2905 / 20187.354*365
=118.74

Leonardo SpA's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (7213.115 + 1331.792) / 2 ) / 4638.151*365 / 4
=4272.4535 / 4638.151*365 / 4
=84.06

* 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 84.06 mean?
Leonardo SpA (FINMF) has a Days Inventory of 84.06 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Leonardo SpA and its competitors. This is 30% below median its historical median of 119.86. Over the past decade, Leonardo SpA's Days Inventory has ranged from 74.59 to 125.07. According to the industry distribution chart, Leonardo SpA ranks #85 out of 325 companies in the Aerospace & Defense industry, placing it in the top 26.2%.
Is Leonardo SpA's Days Inventory too high?
Leonardo SpA's current Days Inventory of 84.06 is 30% below median its 10-year median of 119.86. Over the past 10 years, this metric has ranged from a low of 74.59 to a high of 125.07. The Aerospace & Defense industry median Days Inventory is 141.54. Leonardo SpA's value of 84.06 is 40.6% below this industry median. Based on the distribution chart, Leonardo SpA ranks #85 out of 325 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Leonardo SpA has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo SpA's Days Inventory compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Leonardo SpA ranks #85 out of 325 companies for Days Inventory. This puts Leonardo SpA in the upper half of its industry. The industry median Days Inventory is 141.54. Leonardo SpA's value of 84.06 is 40.6% below this benchmark. Historically, Leonardo SpA's own Days Inventory has ranged from 74.59 to 125.07 over the past decade. While the company's 10-year median is 119.86 vs. the industry median of 141.54, Leonardo SpA 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 an Aerospace & Defense company?
The median Days Inventory among Aerospace & Defense companies is 141.54, based on 325 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. Leonardo SpA's current Days Inventory of 84.06 is 40.6% 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 Leonardo SpA and its competitors. For the Aerospace & Defense industry, the median Days Inventory is 141.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonardo SpA's current Days Inventory is 84.06, which is 30% below median its own 10-year median of 119.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo SpA stock overvalued right now?
Based on GuruFocus' analysis, Leonardo SpA (FINMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $34.92, compared to a current price of $54.08 — trading 54.9% above its estimated fair value. The current Days Inventory is 84.06, which is 30% below median its 10-year median of 119.86 and 40.6% below the Aerospace & Defense industry median of 141.54. Leonardo SpA's overall GF Score™ is 84/100 with 1 warning sign 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 Leonardo SpA (FINMF), the current Days Inventory is 84.06 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 Leonardo SpA (FINMF) Overvalued in 2026?

Based on GuruFocus' analysis, Leonardo SpA stock appears to be overvalued. The current stock price of $54.08 is trading 54.9% above its estimated GF Value™ of $34.92. GuruFocus considers Leonardo SpA to be Significantly Overvalued.

Key valuation signals for FINMF:

  • Days Inventory: 84.06 (30% below median its 10-year median of 119.86)
  • GF Value™: $34.92 vs. price of $54.08 (54.9% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 40.6% below the Aerospace & Defense median (#85 of 325)

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


Leonardo SpA Business Description

Address Piazza Monte Grappa 4, Rome, ITA, 00195
Leonardo is a leading European security firm, with 30.2% of shares owned by the Italian government. Divisions include helicopters, defence electronics & security, aeronautics, cyber & security solutions, and space.The helicopter division serves both military and civil markets. Defence electronics & security accesses the US market through the Leonardo DRS subsidiary. Aeronautics integrates aircraft and aerostructures, participating in major programs like Eurofighter, F-35, and the Global Combat Air Programme, or GCAP. It also supplies large structural components to major commercial aircraft programs. Leonardo is currently evolving from a defense firm into a data-driven global security company.
84GF Score

Get the complete analysis for FINMF

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

$54.08
Price
$34.92
GF Value