Merit Medical SystemsFRA:MM3 -1.63%86 Days Inventory is 157.85 as of Mar. 2026, which is 15% above its 10-year median of 137.37. GuruFocus rates FRA:MM3 with a GF Score™ of 86/100 and a GF Value™ of €83.48 (Modestly Undervalued). Among 786 Medical Devices & Instruments companies, Merit Medical Systems ranks better than 61.2% on this metric.
The historical rank and industry rank for Merit Medical Systems's Days Inventory or its related term are showing as below:
FRA:MM3'
s Days Inventory Range Over the Past 10 Years
Min: 122.11 Med: 137.37 Max: 156.08
Current: 152.56
During the past 13 years, Merit Medical Systems's highest Days Inventory was 156.08. The lowest was 122.11. And the median was 137.37.
FRA:MM3's Days Inventory is ranked better than 61.2% of 786
companies
in the Medical Devices & Instruments industry
Industry Median: 179.6
vs FRA:MM3: 152.56
Inventory Turnover measures how fast the company turns over its inventory within a year.
Merit Medical Systems's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.58.
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.
Merit Medical Systems's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.89.
Merit Medical Systems (FRA:MM3) 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.
Merit Medical Systems'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.
Merit Medical Systems'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.
Merit Medical Systems Days Inventory Related Terms
Merit Medical Systems Days Inventory Historical Data
* Premium members only.
The historical data trend for Merit Medical Systems'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.
FRA:MM3 vs NVST, MMED, ICUI: Days Inventory Comparison
For the Medical Instruments & Supplies subindustry, Merit Medical Systems'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.
Merit Medical Systems Days Inventory vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Merit Medical Systems's Days Inventory distribution charts can be found below:
* The bar in red indicates where Merit Medical Systems's Days Inventory falls into.
* 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.
Merit Medical Systems (FRA:MM3) has a Days Inventory of 157.85 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Merit Medical Systems and its competitors. This is 15% above median its historical median of 137.37. Over the past decade, Merit Medical Systems' Days Inventory has ranged from 122.11 to 156.08. According to the industry distribution chart, Merit Medical Systems ranks #305 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 38.8%.
Is Merit Medical Systems' Days Inventory too high?
Merit Medical Systems' current Days Inventory of 157.85 is 15% above median its 10-year median of 137.37. Over the past 10 years, this metric has ranged from a low of 122.11 to a high of 156.08. The Medical Devices & Instruments industry median Days Inventory is 179.60. Merit Medical Systems' value of 157.85 is 12.1% below this industry median. Based on the distribution chart, Merit Medical Systems ranks #305 out of 786 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Merit Medical Systems has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merit Medical Systems' Days Inventory compare to NVST and MMED?
According to the Medical Devices & Instruments industry distribution chart, Merit Medical Systems ranks #305 out of 786 companies for Days Inventory. This puts Merit Medical Systems in the upper half of its industry. The industry median Days Inventory is 179.60. Merit Medical Systems' value of 157.85 is 12.1% below this benchmark. Historically, Merit Medical Systems' own Days Inventory has ranged from 122.11 to 156.08 over the past decade. While the company's 10-year median is 137.37 vs. the industry median of 179.60, Merit Medical Systems 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 Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.60, based on 786 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. Merit Medical Systems's current Days Inventory of 157.85 is 12.1% 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 Merit Medical Systems and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merit Medical Systems's current Days Inventory is 157.85, which is 15% above median its own 10-year median of 137.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merit Medical Systems stock overvalued right now?
Based on GuruFocus' analysis, Merit Medical Systems (FRA:MM3) is currently considered Modestly Undervalued. The stock's GF Value™ is €83.48, compared to a current price of €60.50 — trading 27.5% below its estimated fair value. The current Days Inventory is 157.85, which is 15% above median its 10-year median of 137.37 and 12.1% below the Medical Devices & Instruments industry median of 179.60. Merit Medical Systems' overall GF Score™ is 86/100. 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 Merit Medical Systems (FRA:MM3), the current Days Inventory is 157.85 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 Merit Medical Systems (FRA:MM3) Overvalued in 2026?
Based on GuruFocus' analysis, Merit Medical Systems stock appears to be undervalued.
The current stock price of €60.50 is trading 27.5% below its estimated GF Value™ of €83.48.
GuruFocus considers Merit Medical Systems to be Modestly Undervalued.
Key valuation signals for FRA:MM3:
Days Inventory: 157.85 (15% above median its 10-year median of 137.37)
GF Value™: €83.48 vs. price of €60.50 (27.5% below fair value)
Industry Position: 12.1% below the Medical Devices & Instruments median (#305 of 786)
No single metric tells the full story. See the FRA:MM3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. The majority of the revenue is earned from the Cardiovascular segment which consists of cardiology and radiology medical device products that assist in diagnosing and treating coronary artery disease, peripheral vascular disease, and other non-vascular diseases and includes embolotherapeutic, cardiac rhythm management, electrophysiology, critical care, and interventional oncology and spine devices.
86GF Score
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