MillerKnoll (FRA:MHR) Days Inventory: 73.05 (As of May. 2026) — 34% Above Median


FRA:MHR MillerKnoll Inc FRA:MHR
65 GF Score
Price €18.00
GF Value €20.23
Valuation Modestly Undervalued
! 7 Warning Signs
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What is MillerKnoll Days Inventory?

MillerKnoll FRA:MHR -2.70% 65 Days Inventory is 73.05 as of May. 2026, which is 34% above its 10-year median of 54.38. GuruFocus rates FRA:MHR with a GF Score™ of 65/100 and a GF Value™ of €20.23 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 413 Furnishings, Fixtures & Appliances companies, MillerKnoll ranks better than 66.34% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). MillerKnoll's Average Total Inventories for the three months ended in May. 2026 was €417 Mil. MillerKnoll's Cost of Goods Sold for the three months ended in May. 2026 was €521 Mil. Hence, MillerKnoll's Days Inventory for the three months ended in May. 2026 was 73.05.

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

FRA:MHR' s Days Inventory Range Over the Past 10 Years
Min: 36.22   Med: 54.38   Max: 75.68
Current: 73.57

During the past 13 years, MillerKnoll's highest Days Inventory was 75.68. The lowest was 36.22. And the median was 54.38.

FRA:MHR's Days Inventory is ranked better than
66.34% of 413 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 95.92 vs FRA:MHR: 73.57

MillerKnoll's Days Inventory increased from May. 2025 (70.83) to May. 2026 (73.05). It might indicate that MillerKnoll's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MillerKnoll's Inventory Turnover for the three months ended in May. 2026 was 1.25.

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. MillerKnoll's Inventory-to-Revenue for the three months ended in May. 2026 was 0.49.


MillerKnoll  (FRA:MHR) 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.

MillerKnoll's Inventory Turnover for the three months ended in May. 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.

MillerKnoll's Inventory to Revenue for the three months ended in May. 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.


MillerKnoll Days Inventory Related Terms


MillerKnoll Days Inventory Historical Data

* Premium members only.

The historical data trend for MillerKnoll'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.

MillerKnoll Days Inventory Chart

MillerKnoll Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.33 74.95 75.46 72.64 73.85

MillerKnoll Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 70.83 72.05 73.59 77.96 73.05

FRA:MHR vs MBC, LEG, LZB: Days Inventory Comparison

For the Furnishings, Fixtures & Appliances subindustry, MillerKnoll'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.


MillerKnoll Days Inventory vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, MillerKnoll's Days Inventory distribution charts can be found below:

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


FRA:MHR
65GF Score
MillerKnoll Inc FRA:MHR
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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MillerKnoll Days Inventory Calculation

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

MillerKnoll's Days Inventory for the fiscal year that ended in May. 2026 is calculated as

Days Inventory (A: May. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2025 ) + Total Inventories (A: May. 2026 )) / count ) / Cost of Goods Sold (A: May. 2026 )*Days in Period
=( (396.932 + 418.07) / 2 ) / 2014.082*365
=407.501 / 2014.082*365
=73.85

MillerKnoll's Days Inventory for the quarter that ended in May. 2026 is calculated as:

Days Inventory (Q: May. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2026 ) + Total Inventories (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (416.063 + 418.07) / 2 ) / 520.961*365 / 4
=417.0665 / 520.961*365 / 4
=73.05

* 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 73.05 mean?
MillerKnoll (FRA:MHR) has a Days Inventory of 73.05 as of May. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MillerKnoll and its competitors. This is 34% above median its historical median of 54.38. Over the past decade, MillerKnoll's Days Inventory has ranged from 36.22 to 75.68. According to the industry distribution chart, MillerKnoll ranks #139 out of 413 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 33.7%.
Is MillerKnoll's Days Inventory too high?
MillerKnoll's current Days Inventory of 73.05 is 34% above median its 10-year median of 54.38. Over the past 10 years, this metric has ranged from a low of 36.22 to a high of 75.68. The Furnishings, Fixtures & Appliances industry median Days Inventory is 95.92. MillerKnoll's value of 73.05 is 23.8% below this industry median. Based on the distribution chart, MillerKnoll ranks #139 out of 413 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, MillerKnoll has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MillerKnoll's Days Inventory compare to MBC and LEG?
According to the Furnishings, Fixtures & Appliances industry distribution chart, MillerKnoll ranks #139 out of 413 companies for Days Inventory. This puts MillerKnoll in the upper half of its industry. The industry median Days Inventory is 95.92. MillerKnoll's value of 73.05 is 23.8% below this benchmark. Historically, MillerKnoll's own Days Inventory has ranged from 36.22 to 75.68 over the past decade. While the company's 10-year median is 54.38 vs. the industry median of 95.92, MillerKnoll 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 Furnishings, Fixtures & Appliances company?
The median Days Inventory among Furnishings, Fixtures & Appliances companies is 95.92, based on 413 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. MillerKnoll's current Days Inventory of 73.05 is 23.8% 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 MillerKnoll and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Inventory is 95.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MillerKnoll's current Days Inventory is 73.05, which is 34% above median its own 10-year median of 54.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MillerKnoll stock overvalued right now?
Based on GuruFocus' analysis, MillerKnoll (FRA:MHR) is currently considered Modestly Undervalued. The stock's GF Value™ is €20.23, compared to a current price of €18.00 — trading 11% below its estimated fair value. The current Days Inventory is 73.05, which is 34% above median its 10-year median of 54.38 and 23.8% below the Furnishings, Fixtures & Appliances industry median of 95.92. MillerKnoll's overall GF Score™ is 65/100 with 7 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 MillerKnoll (FRA:MHR), the current Days Inventory is 73.05 as of May. 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 MillerKnoll (FRA:MHR) Overvalued in 2026?

Based on GuruFocus' analysis, MillerKnoll stock appears to be undervalued. The current stock price of €18.00 is trading 11% below its estimated GF Value™ of €20.23. GuruFocus considers MillerKnoll to be Modestly Undervalued.

Key valuation signals for FRA:MHR:

  • Days Inventory: 73.05 (34% above median its 10-year median of 54.38)
  • GF Value™: €20.23 vs. price of €18.00 (11% below fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 23.8% below the Furnishings, Fixtures & Appliances median (#139 of 413)

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


MillerKnoll Business Description

Other Exchanges MLKN:USA
Address 855 East Main Avenue, P.O. Box 302, Zeeland, MI, USA, 49464
MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract, International Contract, and Global Retail. The company's products are sold through a variety of sources, including owned and independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. The independent retailer division generates the majority of the firm's overall sales.
65GF Score

Get the complete analysis for FRA:MHR

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

€18.00
Price
€20.23
GF Value