Live Nation Entertainment (FRA:3LN) Days Inventory: 2.06 (As of Mar. 2026) — 110% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:3LN Live Nation Entertainment Inc FRA:3LN
83 GF Score
Price €156.35
GF Value €120.01
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Live Nation Entertainment Days Inventory?

Live Nation Entertainment FRA:3LN -1.82% 83 Days Inventory is 2.06 as of Mar. 2026, which is 110% above its 10-year median of 0.98. GuruFocus rates FRA:3LN with a GF Score™ of 83/100 and a GF Value™ of €120.01 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 665 Media - Diversified companies, Live Nation Entertainment ranks better than 92.33% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Live Nation Entertainment's Average Total Inventories for the three months ended in Mar. 2026 was €48 Mil. Live Nation Entertainment's Cost of Goods Sold for the three months ended in Mar. 2026 was €2,144 Mil. Hence, Live Nation Entertainment's Days Inventory for the three months ended in Mar. 2026 was 2.06.

The historical rank and industry rank for Live Nation Entertainment's Days Inventory or its related term are showing as below:

FRA:3LN' s Days Inventory Range Over the Past 10 Years
Min: 0.62   Med: 0.98   Max: 4.96
Current: 1.03

During the past 13 years, Live Nation Entertainment's highest Days Inventory was 4.96. The lowest was 0.62. And the median was 0.98.

FRA:3LN's Days Inventory is ranked better than
92.33% of 665 companies
in the Media - Diversified industry
Industry Median: 28.7 vs FRA:3LN: 1.03

Live Nation Entertainment's Days Inventory declined from Mar. 2025 (2.09) to Mar. 2026 (2.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Live Nation Entertainment's Inventory Turnover for the three months ended in Mar. 2026 was 44.37.

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. Live Nation Entertainment's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.01.


Live Nation Entertainment  (FRA:3LN) 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.

Live Nation Entertainment'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.

Live Nation Entertainment'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.


Live Nation Entertainment Days Inventory Related Terms


Live Nation Entertainment Days Inventory Historical Data

* Premium members only.

The historical data trend for Live Nation Entertainment'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.

Live Nation Entertainment Days Inventory Chart

Live Nation Entertainment 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 2.27 1.04 0.90 0.98 1.10

Live Nation Entertainment 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 2.09 0.00 0.00 1.06 2.06

FRA:3LN vs FWONA, FOXA, ROKU: Days Inventory Comparison

For the Entertainment subindustry, Live Nation Entertainment'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.


Live Nation Entertainment Days Inventory vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Days Inventory distribution charts can be found below:

* The bar in red indicates where Live Nation Entertainment's Days Inventory falls into.


FRA:3LN
83GF Score
Live Nation Entertainment Inc FRA:3LN
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Live Nation Entertainment Days Inventory Calculation

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

Live Nation Entertainment'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
=( (47.888 + 48.316) / 2 ) / 16023.906*365
=48.102 / 16023.906*365
=1.10

Live Nation Entertainment'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
=( (48.316 + 0) / 1 ) / 2143.866*365 / 4
=48.316 / 2143.866*365 / 4
=2.06

* 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 2.06 mean?
Live Nation Entertainment (FRA:3LN) has a Days Inventory of 2.06 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Live Nation Entertainment and its competitors. This is 110% above median its historical median of 0.98. Over the past decade, Live Nation Entertainment's Days Inventory has ranged from 0.62 to 4.96. According to the industry distribution chart, Live Nation Entertainment ranks #51 out of 665 companies in the Media - Diversified industry, placing it in the top 7.7%.
Is Live Nation Entertainment's Days Inventory too high?
Live Nation Entertainment's current Days Inventory of 2.06 is 110% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 4.96. The Media - Diversified industry median Days Inventory is 28.70. Live Nation Entertainment's value of 2.06 is 92.8% below this industry median. Based on the distribution chart, Live Nation Entertainment ranks #51 out of 665 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Live Nation Entertainment has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Live Nation Entertainment's Days Inventory compare to FWONA and FOXA?
According to the Media - Diversified industry distribution chart, Live Nation Entertainment ranks #51 out of 665 companies for Days Inventory. This places Live Nation Entertainment in the top 8% of its industry — outperforming the majority of peers. The industry median Days Inventory is 28.70. Live Nation Entertainment's value of 2.06 is 92.8% below this benchmark. Historically, Live Nation Entertainment's own Days Inventory has ranged from 0.62 to 4.96 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 28.70, Live Nation Entertainment 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 Media - Diversified company?
The median Days Inventory among Media - Diversified companies is 28.70, based on 665 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. Live Nation Entertainment's current Days Inventory of 2.06 is 92.8% 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 Live Nation Entertainment and its competitors. For the Media - Diversified industry, the median Days Inventory is 28.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Live Nation Entertainment's current Days Inventory is 2.06, which is 110% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Live Nation Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Live Nation Entertainment (FRA:3LN) is currently considered Modestly Overvalued. The stock's GF Value™ is €120.01, compared to a current price of €156.35 — trading 30.3% above its estimated fair value. The current Days Inventory is 2.06, which is 110% above median its 10-year median of 0.98 and 92.8% below the Media - Diversified industry median of 28.70. Live Nation Entertainment's overall GF Score™ is 83/100 with 9 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 Live Nation Entertainment (FRA:3LN), the current Days Inventory is 2.06 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 Live Nation Entertainment (FRA:3LN) Overvalued in 2026?

Based on GuruFocus' analysis, Live Nation Entertainment stock appears to be overvalued. The current stock price of €156.35 is trading 30.3% above its estimated GF Value™ of €120.01. GuruFocus considers Live Nation Entertainment to be Modestly Overvalued.

Key valuation signals for FRA:3LN:

  • Days Inventory: 2.06 (110% above median its 10-year median of 0.98)
  • GF Value™: €120.01 vs. price of €156.35 (30.3% above fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 92.8% below the Media - Diversified median (#51 of 665)

No single metric tells the full story. See the FRA:3LN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Live Nation Entertainment Business Description

Address 9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 51 countries, Live Nation promotes concerts globally and it owned, operated, or had exclusive booking rights to more than 400 venues worldwide at the end of 2025, which the firm says makes it the second-largest operator of music venues globally. In 2025, Live Nation promoted nearly 55,000 events, drawing roughly 160 million fans. Ticketmaster is a dominant global ticketing service, selling nearly 650 million tickets in 2025.
83GF Score

Get the complete analysis for FRA:3LN

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

€156.35
Price
€120.01
GF Value