IDEXX Laboratories (FRA:IX1) Days Inventory: 82.43 (As of Mar. 2026) — 12% Above Median


FRA:IX1 IDEXX Laboratories Inc FRA:IX1
96 GF Score
Price €469.00
GF Value €562.69
Valuation Modestly Undervalued
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What is IDEXX Laboratories Days Inventory?

IDEXX Laboratories FRA:IX1 -0.11% 96 Days Inventory is 82.43 as of Mar. 2026, which is 12% above its 10-year median of 73.31. GuruFocus rates FRA:IX1 with a GF Score™ of 96/100 and a GF Value™ of €562.69 (Modestly Undervalued). Among 176 Medical Diagnostics & Research companies, IDEXX Laboratories ranks worse than 59.66% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). IDEXX Laboratories's Average Total Inventories for the three months ended in Mar. 2026 was €327 Mil. IDEXX Laboratories's Cost of Goods Sold for the three months ended in Mar. 2026 was €362 Mil. Hence, IDEXX Laboratories's Days Inventory for the three months ended in Mar. 2026 was 82.43.

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

FRA:IX1' s Days Inventory Range Over the Past 10 Years
Min: 63.41   Med: 73.31   Max: 92.81
Current: 83.95

During the past 13 years, IDEXX Laboratories's highest Days Inventory was 92.81. The lowest was 63.41. And the median was 73.31.

FRA:IX1's Days Inventory is ranked worse than
59.66% of 176 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.88 vs FRA:IX1: 83.95

IDEXX Laboratories's Days Inventory declined from Mar. 2025 (96.13) to Mar. 2026 (82.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. IDEXX Laboratories's Inventory Turnover for the three months ended in Mar. 2026 was 1.11.

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. IDEXX Laboratories's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.33.


IDEXX Laboratories  (FRA:IX1) 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.

IDEXX Laboratories'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.

IDEXX Laboratories'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.


IDEXX Laboratories Days Inventory Related Terms


IDEXX Laboratories Days Inventory Historical Data

* Premium members only.

The historical data trend for IDEXX Laboratories'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.

IDEXX Laboratories Days Inventory Chart

IDEXX Laboratories 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 63.86 83.02 94.16 89.78 89.33

IDEXX Laboratories 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 96.13 89.67 85.55 81.07 82.43

FRA:IX1 vs A, NTRA, WAT: Days Inventory Comparison

For the Diagnostics & Research subindustry, IDEXX Laboratories'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.


IDEXX Laboratories Days Inventory vs Medical Diagnostics & Research Industry

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

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


FRA:IX1
96GF Score
IDEXX Laboratories Inc FRA:IX1
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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IDEXX Laboratories Days Inventory Calculation

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

IDEXX Laboratories'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
=( (364.693 + 322.604) / 2 ) / 1404.082*365
=343.6485 / 1404.082*365
=89.33

IDEXX Laboratories'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
=( (322.604 + 330.776) / 2 ) / 361.64*365 / 4
=326.69 / 361.64*365 / 4
=82.43

* 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 82.43 mean?
IDEXX Laboratories (FRA:IX1) has a Days Inventory of 82.43 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on IDEXX Laboratories and its competitors. This is 12% above median its historical median of 73.31. Over the past decade, IDEXX Laboratories' Days Inventory has ranged from 63.41 to 92.81. According to the industry distribution chart, IDEXX Laboratories ranks #105 out of 176 companies in the Medical Diagnostics & Research industry, placing it in the top 59.7%.
Is IDEXX Laboratories' Days Inventory too high?
IDEXX Laboratories' current Days Inventory of 82.43 is 12% above median its 10-year median of 73.31. Over the past 10 years, this metric has ranged from a low of 63.41 to a high of 92.81. The Medical Diagnostics & Research industry median Days Inventory is 68.88. IDEXX Laboratories' value of 82.43 is 19.7% above this industry median. Based on the distribution chart, IDEXX Laboratories ranks #105 out of 176 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, IDEXX Laboratories has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IDEXX Laboratories' Days Inventory compare to A and NTRA?
According to the Medical Diagnostics & Research industry distribution chart, IDEXX Laboratories ranks #105 out of 176 companies for Days Inventory. This places IDEXX Laboratories in the lower half of its industry. The industry median Days Inventory is 68.88. IDEXX Laboratories' value of 82.43 is 19.7% above this benchmark. Historically, IDEXX Laboratories' own Days Inventory has ranged from 63.41 to 92.81 over the past decade. While the company's 10-year median is 73.31 vs. the industry median of 68.88, IDEXX Laboratories 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. IDEXX Laboratories's current Days Inventory of 82.43 is 19.7% 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 IDEXX Laboratories 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. IDEXX Laboratories's current Days Inventory is 82.43, which is 12% above median its own 10-year median of 73.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDEXX Laboratories stock overvalued right now?
Based on GuruFocus' analysis, IDEXX Laboratories (FRA:IX1) is currently considered Modestly Undervalued. The stock's GF Value™ is €562.69, compared to a current price of €469.00 — trading 16.7% below its estimated fair value. The current Days Inventory is 82.43, which is 12% above median its 10-year median of 73.31 and 19.7% above the Medical Diagnostics & Research industry median of 68.88. IDEXX Laboratories' overall GF Score™ is 96/100. 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 IDEXX Laboratories (FRA:IX1), the current Days Inventory is 82.43 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 IDEXX Laboratories (FRA:IX1) Overvalued in 2026?

Based on GuruFocus' analysis, IDEXX Laboratories stock appears to be undervalued. The current stock price of €469.00 is trading 16.7% below its estimated GF Value™ of €562.69. GuruFocus considers IDEXX Laboratories to be Modestly Undervalued.

Key valuation signals for FRA:IX1:

  • Days Inventory: 82.43 (12% above median its 10-year median of 73.31)
  • GF Value™: €562.69 vs. price of €469.00 (16.7% below fair value)
  • GF Score™: 96/100
  • Industry Position: 19.7% above the Medical Diagnostics & Research median (#105 of 176)

No single metric tells the full story. See the FRA:IX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IDEXX Laboratories Business Description

Address One IDEXX Drive, Westbrook, ME, USA, 04092
Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx derives roughly 35% of its revenue from outside the United States.
96GF Score

Get the complete analysis for FRA:IX1

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

€469.00
Price
€562.69
GF Value