Granite Construction (FRA:GRG) Days Inventory: 17.63 (As of Mar. 2026) — 90% Above Median


FRA:GRG Granite Construction Inc FRA:GRG
73 GF Score
Price €106.00
GF Value €95.55
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Granite Construction Days Inventory?

Granite Construction FRA:GRG -14.52% 73 Days Inventory is 17.63 as of Mar. 2026, which is 90% above its 10-year median of 9.30. GuruFocus rates FRA:GRG with a GF Score™ of 73/100 and a GF Value™ of €95.55 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,483 Construction companies, Granite Construction ranks better than 72.22% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Granite Construction's Average Total Inventories for the three months ended in Mar. 2026 was €134 Mil. Granite Construction's Cost of Goods Sold for the three months ended in Mar. 2026 was €694 Mil. Hence, Granite Construction's Days Inventory for the three months ended in Mar. 2026 was 17.63.

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

FRA:GRG' s Days Inventory Range Over the Past 10 Years
Min: 7.23   Med: 9.3   Max: 13.33
Current: 13.33

During the past 13 years, Granite Construction's highest Days Inventory was 13.33. The lowest was 7.23. And the median was 9.30.

FRA:GRG's Days Inventory is ranked better than
72.22% of 1483 companies
in the Construction industry
Industry Median: 49.78 vs FRA:GRG: 13.33

Granite Construction's Days Inventory declined from Mar. 2025 (17.79) to Mar. 2026 (17.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. Granite Construction's Inventory Turnover for the three months ended in Mar. 2026 was 5.18.

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. Granite Construction's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.17.


Granite Construction  (FRA:GRG) 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.

Granite Construction'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.

Granite Construction'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.


Granite Construction Days Inventory Related Terms


Granite Construction Days Inventory Historical Data

* Premium members only.

The historical data trend for Granite Construction'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.

Granite Construction Days Inventory Chart

Granite Construction 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 6.98 9.02 11.33 11.05 12.98

Granite Construction 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 17.79 12.97 10.66 13.17 17.63

FRA:GRG vs ACA, ROAD, MYRG: Days Inventory Comparison

For the Engineering & Construction subindustry, Granite Construction'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.


Granite Construction Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Granite Construction's Days Inventory distribution charts can be found below:

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


FRA:GRG
73GF Score
Granite Construction Inc FRA:GRG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granite Construction Days Inventory Calculation

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

Granite Construction'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
=( (103.307 + 122.232) / 2 ) / 3171.042*365
=112.7695 / 3171.042*365
=12.98

Granite Construction'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
=( (122.232 + 146.002) / 2 ) / 694.214*365 / 4
=134.117 / 694.214*365 / 4
=17.63

* 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 17.63 mean?
Granite Construction (FRA:GRG) has a Days Inventory of 17.63 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Granite Construction and its competitors. This is 90% above median its historical median of 9.30. Over the past decade, Granite Construction's Days Inventory has ranged from 7.23 to 13.33. According to the industry distribution chart, Granite Construction ranks #412 out of 1483 companies in the Construction industry, placing it in the top 27.8%.
Is Granite Construction's Days Inventory too high?
Granite Construction's current Days Inventory of 17.63 is 90% above median its 10-year median of 9.30. Over the past 10 years, this metric has ranged from a low of 7.23 to a high of 13.33. The Construction industry median Days Inventory is 49.78. Granite Construction's value of 17.63 is 64.6% below this industry median. Based on the distribution chart, Granite Construction ranks #412 out of 1483 companies in the Construction industry, which is above the industry midpoint. Overall, Granite Construction has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Granite Construction's Days Inventory compare to ACA and ROAD?
According to the Construction industry distribution chart, Granite Construction ranks #412 out of 1483 companies for Days Inventory. This puts Granite Construction in the upper half of its industry. The industry median Days Inventory is 49.78. Granite Construction's value of 17.63 is 64.6% below this benchmark. Historically, Granite Construction's own Days Inventory has ranged from 7.23 to 13.33 over the past decade. While the company's 10-year median is 9.30 vs. the industry median of 49.78, Granite Construction 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 Construction company?
The median Days Inventory among Construction companies is 49.78, based on 1,483 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. Granite Construction's current Days Inventory of 17.63 is 64.6% 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 Granite Construction and its competitors. For the Construction industry, the median Days Inventory is 49.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Construction's current Days Inventory is 17.63, which is 90% above median its own 10-year median of 9.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Construction stock overvalued right now?
Based on GuruFocus' analysis, Granite Construction (FRA:GRG) is currently considered Modestly Overvalued. The stock's GF Value™ is €95.55, compared to a current price of €106.00 — trading 10.9% above its estimated fair value. The current Days Inventory is 17.63, which is 90% above median its 10-year median of 9.30 and 64.6% below the Construction industry median of 49.78. Granite Construction's overall GF Score™ is 73/100 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 Granite Construction (FRA:GRG), the current Days Inventory is 17.63 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 Granite Construction (FRA:GRG) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Construction stock appears to be overvalued. The current stock price of €106.00 is trading 10.9% above its estimated GF Value™ of €95.55. GuruFocus considers Granite Construction to be Modestly Overvalued.

Key valuation signals for FRA:GRG:

  • Days Inventory: 17.63 (90% above median its 10-year median of 9.30)
  • GF Value™: €95.55 vs. price of €106.00 (10.9% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 64.6% below the Construction median (#412 of 1483)

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


Granite Construction Business Description

Other Exchanges GVA:USAGRG:Germany
Address 585 West Beach Street, Watsonville, CA, USA, 95076
Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. The company focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, bridges, dams, tunnels, and other infrastructure projects. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's Construction operating segment, and rest from Materials segment.
73GF Score

Get the complete analysis for FRA:GRG

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

€106.00
Price
€95.55
GF Value