Veeco InstrumentsFRA:VEO -1.26%56 Days Inventory is 246.58 as of Mar. 2026, which is 31% above its 10-year median of 187.97. GuruFocus rates FRA:VEO with a GF Score™ of 56/100 and a GF Value™ of €32.02 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 981 Semiconductors companies, Veeco Instruments ranks worse than 84.4% on this metric.
The historical rank and industry rank for Veeco Instruments's Days Inventory or its related term are showing as below:
FRA:VEO'
s Days Inventory Range Over the Past 10 Years
Min: 120.26 Med: 187.97 Max: 241.88
Current: 241.88
During the past 13 years, Veeco Instruments's highest Days Inventory was 241.88. The lowest was 120.26. And the median was 187.97.
FRA:VEO's Days Inventory is ranked worse than 84.4% of 981
companies
in the Semiconductors industry
Industry Median: 111.84
vs FRA:VEO: 241.88
Veeco Instruments's Days Inventory
increased
from Mar. 2025 (234.89) to Mar. 2026 (246.58).
It might indicate that Veeco Instruments's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Veeco Instruments's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.37.
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.
Veeco Instruments's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.75.
Veeco Instruments (FRA:VEO) 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.
Veeco Instruments'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.
Veeco Instruments'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.
Veeco Instruments Days Inventory Related Terms
Veeco Instruments Days Inventory Historical Data
* Premium members only.
The historical data trend for Veeco Instruments'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:VEO vs IPGP, AXTI, ACLS: Days Inventory Comparison
For the Semiconductor Equipment & Materials subindustry, Veeco Instruments'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.
Veeco Instruments Days Inventory vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Veeco Instruments's Days Inventory distribution charts can be found below:
* The bar in red indicates where Veeco Instruments'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.
Veeco Instruments (FRA:VEO) has a Days Inventory of 246.58 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Veeco Instruments and its competitors. This is 31% above median its historical median of 187.97. Over the past decade, Veeco Instruments' Days Inventory has ranged from 120.26 to 241.88. According to the industry distribution chart, Veeco Instruments ranks #828 out of 981 companies in the Semiconductors industry, placing it in the top 84.4%.
Is Veeco Instruments' Days Inventory too high?
Veeco Instruments' current Days Inventory of 246.58 is 31% above median its 10-year median of 187.97. Over the past 10 years, this metric has ranged from a low of 120.26 to a high of 241.88. The Semiconductors industry median Days Inventory is 111.84. Veeco Instruments' value of 246.58 is 120.5% above this industry median. Based on the distribution chart, Veeco Instruments ranks #828 out of 981 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Veeco Instruments has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veeco Instruments' Days Inventory compare to IPGP and AXTI?
According to the Semiconductors industry distribution chart, Veeco Instruments ranks #828 out of 981 companies for Days Inventory. This places Veeco Instruments in the lower half of its industry. The industry median Days Inventory is 111.84. Veeco Instruments' value of 246.58 is 120.5% above this benchmark. Historically, Veeco Instruments' own Days Inventory has ranged from 120.26 to 241.88 over the past decade. While the company's 10-year median is 187.97 vs. the industry median of 111.84, Veeco Instruments 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 Semiconductors company?
The median Days Inventory among Semiconductors companies is 111.84, based on 981 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. Veeco Instruments's current Days Inventory of 246.58 is 120.5% 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 Veeco Instruments and its competitors. For the Semiconductors industry, the median Days Inventory is 111.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veeco Instruments's current Days Inventory is 246.58, which is 31% above median its own 10-year median of 187.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veeco Instruments stock overvalued right now?
Based on GuruFocus' analysis, Veeco Instruments (FRA:VEO) is currently considered Significantly Overvalued. The stock's GF Value™ is €32.02, compared to a current price of €61.22 — trading 91.2% above its estimated fair value. The current Days Inventory is 246.58, which is 31% above median its 10-year median of 187.97 and 120.5% above the Semiconductors industry median of 111.84. Veeco Instruments' overall GF Score™ is 56/100 with 5 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 Veeco Instruments (FRA:VEO), the current Days Inventory is 246.58 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 Veeco Instruments (FRA:VEO) Overvalued in 2026?
Based on GuruFocus' analysis, Veeco Instruments stock appears to be overvalued.
The current stock price of €61.22 is trading 91.2% above its estimated GF Value™ of €32.02.
GuruFocus considers Veeco Instruments to be Significantly Overvalued.
Key valuation signals for FRA:VEO:
Days Inventory: 246.58 (31% above median its 10-year median of 187.97)
GF Value™: €32.02 vs. price of €61.22 (91.2% above fair value)
Industry Position: 120.5% above the Semiconductors median (#828 of 981)
No single metric tells the full story. See the FRA:VEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veeco Instruments Inc is a United States-based company engaged in designing, developing, and manufacturing thin-film process equipment, mainly used for producing electronic devices. The company focuses on semiconductor process equipment that addresses a range of challenging materials engineering problems for its customers. Its products include Laser Processing Systems, Lithography Systems, Ion Beam Systems, SiC CVD Systems, MOCVD Systems, Wet Processing Systems, MBE Technologies, Atomic Layer Deposition Systems, Physical Vapor Deposition Systems, Dicing and Lapping Systems, as well as Gas & Vapor Delivery Systems. The maximum of the company's revenue is generated from sales to the Semiconductor Industry and within China.
56GF Score
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