Danaher (FRA:DAP) Days Inventory: 97.93 (As of Mar. 2026) — Near Median


FRA:DAP Danaher Corp FRA:DAP
76 GF Score
Price €169.00
GF Value €207.79
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Danaher Days Inventory?

Danaher FRA:DAP -0.03% 76 Days Inventory is 97.93 as of Mar. 2026, which is 9% above its 10-year median of 90.25. GuruFocus rates FRA:DAP with a GF Score™ of 76/100 and a GF Value™ of €207.79 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 176 Medical Diagnostics & Research companies, Danaher ranks worse than 64.2% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Danaher's Average Total Inventories for the three months ended in Mar. 2026 was €2,191 Mil. Danaher's Cost of Goods Sold for the three months ended in Mar. 2026 was €2,041 Mil. Hence, Danaher's Days Inventory for the three months ended in Mar. 2026 was 97.93.

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

FRA:DAP' s Days Inventory Range Over the Past 10 Years
Min: 72.93   Med: 90.25   Max: 99.23
Current: 93.21

During the past 13 years, Danaher's highest Days Inventory was 99.23. The lowest was 72.93. And the median was 90.25.

FRA:DAP's Days Inventory is ranked worse than
64.2% of 176 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.88 vs FRA:DAP: 93.21

Danaher's Days Inventory declined from Mar. 2025 (101.02) to Mar. 2026 (97.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Danaher's Inventory Turnover for the three months ended in Mar. 2026 was 0.93.

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. Danaher's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.43.


Danaher  (FRA:DAP) 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.

Danaher'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.

Danaher'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.


Danaher Days Inventory Related Terms


Danaher Days Inventory Historical Data

* Premium members only.

The historical data trend for Danaher'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.

Danaher Days Inventory Chart

Danaher 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 93.43 93.55 100.74 90.99 92.56

Danaher 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 101.02 101.92 97.57 81.92 97.93

FRA:DAP vs TMO, IDXX, A: Days Inventory Comparison

For the Diagnostics & Research subindustry, Danaher'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.


Danaher Days Inventory vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Danaher's Days Inventory distribution charts can be found below:

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


FRA:DAP
76GF Score
Danaher Corp FRA:DAP
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Danaher Days Inventory Calculation

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

Danaher'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
=( (2225.15 + 2125.606) / 2 ) / 8578.43*365
=2175.378 / 8578.43*365
=92.56

Danaher'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
=( (2125.606 + 2255.92) / 2 ) / 2041.4*365 / 4
=2190.763 / 2041.4*365 / 4
=97.93

* 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 97.93 mean?
Danaher (FRA:DAP) has a Days Inventory of 97.93 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Danaher and its competitors. This is near median its historical median of 90.25. Over the past decade, Danaher's Days Inventory has ranged from 72.93 to 99.23. According to the industry distribution chart, Danaher ranks #113 out of 176 companies in the Medical Diagnostics & Research industry, placing it in the top 64.2%.
Is Danaher's Days Inventory too high?
Danaher's current Days Inventory of 97.93 is near median its 10-year median of 90.25. Over the past 10 years, this metric has ranged from a low of 72.93 to a high of 99.23. The Medical Diagnostics & Research industry median Days Inventory is 68.88. Danaher's value of 97.93 is 42.2% above this industry median. Based on the distribution chart, Danaher ranks #113 out of 176 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Danaher has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Danaher's Days Inventory compare to TMO and IDXX?
According to the Medical Diagnostics & Research industry distribution chart, Danaher ranks #113 out of 176 companies for Days Inventory. This places Danaher in the lower half of its industry. The industry median Days Inventory is 68.88. Danaher's value of 97.93 is 42.2% above this benchmark. Historically, Danaher's own Days Inventory has ranged from 72.93 to 99.23 over the past decade. While the company's 10-year median is 90.25 vs. the industry median of 68.88, Danaher 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 Medical Diagnostics & Research company?
The median Days Inventory among Medical Diagnostics & Research companies is 68.88, based on 176 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. Danaher's current Days Inventory of 97.93 is 42.2% 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 Danaher and its competitors. For the Medical Diagnostics & Research industry, the median Days Inventory is 68.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danaher's current Days Inventory is 97.93, which is near median its own 10-year median of 90.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danaher stock overvalued right now?
Based on GuruFocus' analysis, Danaher (FRA:DAP) is currently considered Modestly Undervalued. The stock's GF Value™ is €207.79, compared to a current price of €169.00 — trading 18.7% below its estimated fair value. The current Days Inventory is 97.93, which is near median its 10-year median of 90.25 and 42.2% above the Medical Diagnostics & Research industry median of 68.88. Danaher's overall GF Score™ is 76/100 with 4 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 Danaher (FRA:DAP), the current Days Inventory is 97.93 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 Danaher (FRA:DAP) Overvalued in 2026?

Based on GuruFocus' analysis, Danaher stock appears to be undervalued. The current stock price of €169.00 is trading 18.7% below its estimated GF Value™ of €207.79. GuruFocus considers Danaher to be Modestly Undervalued.

Key valuation signals for FRA:DAP:

  • Days Inventory: 97.93 (near median its 10-year median of 90.25)
  • GF Value™: €207.79 vs. price of €169.00 (18.7% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 42.2% above the Medical Diagnostics & Research median (#113 of 176)

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


Danaher Business Description

Address 2200 Pennsylvania Avenue, NW, Suite 800W, Washington, DC, USA, 20037-1701
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Then, through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in the life sciences and diagnostic industries after the late 2023 divestiture of its environmental and applied solutions group, Veralto.
76GF Score

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

€169.00
Price
€207.79
GF Value