Calix (FRA:CXA) Days Inventory: 108.37 (As of Mar. 2026) — 45% Above Median


FRA:CXA Calix Inc FRA:CXA
79 GF Score
Price €34.40
GF Value €41.25
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Calix Days Inventory?

Calix FRA:CXA +4.88% 79 Days Inventory is 108.37 as of Mar. 2026, which is 45% above its 10-year median of 74.76. GuruFocus rates FRA:CXA with a GF Score™ of 79/100 and a GF Value™ of €41.25 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,651 Software companies, Calix ranks worse than 80.44% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Calix's Average Total Inventories for the three months ended in Mar. 2026 was €124.0 Mil. Calix's Cost of Goods Sold for the three months ended in Mar. 2026 was €104.4 Mil. Hence, Calix's Days Inventory for the three months ended in Mar. 2026 was 108.37.

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

FRA:CXA' s Days Inventory Range Over the Past 10 Years
Min: 41.14   Med: 74.76   Max: 113.83
Current: 97.53

During the past 13 years, Calix's highest Days Inventory was 113.83. The lowest was 41.14. And the median was 74.76.

FRA:CXA's Days Inventory is ranked worse than
80.44% of 1651 companies
in the Software industry
Industry Median: 20.41 vs FRA:CXA: 97.53

Calix's Days Inventory increased from Mar. 2025 (96.78) to Mar. 2026 (108.37). It might indicate that Calix's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Calix's Inventory Turnover for the three months ended in Mar. 2026 was 0.84.

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. Calix's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.51.


Calix  (FRA:CXA) 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.

Calix'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.

Calix'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.


Calix Days Inventory Related Terms


Calix Days Inventory Historical Data

* Premium members only.

The historical data trend for Calix'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.

Calix Days Inventory Chart

Calix 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 77.69 98.12 100.32 111.27 105.10

Calix 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 96.78 94.24 88.67 95.68 108.37

FRA:CXA vs RAMP, AVPT, NN: Days Inventory Comparison

For the Software - Infrastructure subindustry, Calix'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.


Calix Days Inventory vs Software Industry

For the Software industry and Technology sector, Calix's Days Inventory distribution charts can be found below:

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


FRA:CXA
79GF Score
Calix Inc FRA:CXA
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Calix Days Inventory Calculation

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

Calix'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
=( (98.104 + 114.211) / 2 ) / 368.667*365
=106.1575 / 368.667*365
=105.10

Calix'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
=( (114.211 + 133.751) / 2 ) / 104.395*365 / 4
=123.981 / 104.395*365 / 4
=108.37

* 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 108.37 mean?
Calix (FRA:CXA) has a Days Inventory of 108.37 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Calix and its competitors. This is 45% above median its historical median of 74.76. Over the past decade, Calix's Days Inventory has ranged from 41.14 to 113.83. According to the industry distribution chart, Calix ranks #1328 out of 1651 companies in the Software industry, placing it in the top 80.4%.
Is Calix's Days Inventory too high?
Calix's current Days Inventory of 108.37 is 45% above median its 10-year median of 74.76. Over the past 10 years, this metric has ranged from a low of 41.14 to a high of 113.83. The Software industry median Days Inventory is 20.41. Calix's value of 108.37 is 431% above this industry median. Based on the distribution chart, Calix ranks #1328 out of 1651 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Calix has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calix's Days Inventory compare to RAMP and AVPT?
According to the Software industry distribution chart, Calix ranks #1328 out of 1651 companies for Days Inventory. This places Calix in the lower half of its industry. The industry median Days Inventory is 20.41. Calix's value of 108.37 is 431% above this benchmark. Historically, Calix's own Days Inventory has ranged from 41.14 to 113.83 over the past decade. While the company's 10-year median is 74.76 vs. the industry median of 20.41, Calix 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 a Software company?
The median Days Inventory among Software companies is 20.41, based on 1,651 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. Calix's current Days Inventory of 108.37 is 431% 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 Calix and its competitors. For the Software industry, the median Days Inventory is 20.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calix's current Days Inventory is 108.37, which is 45% above median its own 10-year median of 74.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calix stock overvalued right now?
Based on GuruFocus' analysis, Calix (FRA:CXA) is currently considered Modestly Undervalued. The stock's GF Value™ is €41.25, compared to a current price of €34.40 — trading 16.6% below its estimated fair value. The current Days Inventory is 108.37, which is 45% above median its 10-year median of 74.76 and 431% above the Software industry median of 20.41. Calix's overall GF Score™ is 79/100 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 Calix (FRA:CXA), the current Days Inventory is 108.37 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 Calix (FRA:CXA) Overvalued in 2026?

Based on GuruFocus' analysis, Calix stock appears to be undervalued. The current stock price of €34.40 is trading 16.6% below its estimated GF Value™ of €41.25. GuruFocus considers Calix to be Modestly Undervalued.

Key valuation signals for FRA:CXA:

  • Days Inventory: 108.37 (45% above median its 10-year median of 74.76)
  • GF Value™: €41.25 vs. price of €34.40 (16.6% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 431% above the Software median (#1328 of 1651)

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


Calix Business Description

Other Exchanges CALX:USACXA:Germany
Address 3155 Olsen Drive, Suite 450, San Jose, CA, USA, 95117
Calix Inc develops, markets and sells its appliance-based platform, cloud and managed services that enable service providers of all types and sizes to innovate and transform their businesses. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers. The resulting growth in subscriber acquisition, loyalty and revenue creates more value for their businesses and communities. The Company's revenue is principally derived in the United States and it also has its presence in Europe, Americas excluding U.S., and Rest of World.
79GF Score

Get the complete analysis for FRA:CXA

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

€34.40
Price
€41.25
GF Value