Coherent (HAM:H7B) Days Inventory: 160.15 (As of Mar. 2026) — 34% Above Median


HAM:H7B Coherent Corp HAM:H7B
80 GF Score
Price €286.80
GF Value €74.46
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Coherent Days Inventory?

Coherent HAM:H7B -0.21% 80 Days Inventory is 160.15 as of Mar. 2026, which is 34% above its 10-year median of 119.46. GuruFocus rates HAM:H7B with a GF Score™ of 80/100 and a GF Value™ of €74.46 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,414 Hardware companies, Coherent ranks worse than 72.95% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Coherent's Average Total Inventories for the three months ended in Mar. 2026 was €1,709 Mil. Coherent's Cost of Goods Sold for the three months ended in Mar. 2026 was €974 Mil. Hence, Coherent's Days Inventory for the three months ended in Mar. 2026 was 160.15.

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

HAM:H7B' s Days Inventory Range Over the Past 10 Years
Min: 105.22   Med: 119.46   Max: 147.55
Current: 147.55

During the past 13 years, Coherent's highest Days Inventory was 147.55. The lowest was 105.22. And the median was 119.46.

HAM:H7B's Days Inventory is ranked worse than
72.95% of 2414 companies
in the Hardware industry
Industry Median: 94.18 vs HAM:H7B: 147.55

Coherent's Days Inventory increased from Mar. 2025 (130.72) to Mar. 2026 (160.15). It might indicate that Coherent's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Coherent's Inventory Turnover for the three months ended in Mar. 2026 was 0.57.

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. Coherent's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.09.


Coherent  (HAM:H7B) 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.

Coherent'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.

Coherent'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.


Coherent Days Inventory Related Terms


Coherent Days Inventory Historical Data

* Premium members only.

The historical data trend for Coherent'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.

Coherent Days Inventory Chart

Coherent Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.61 134.63 113.23 143.15 136.44

Coherent 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 130.72 135.59 140.93 149.25 160.15

HAM:H7B vs KEYS, GRMN, TDY: Days Inventory Comparison

For the Scientific & Technical Instruments subindustry, Coherent'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.


Coherent Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Coherent's Days Inventory distribution charts can be found below:

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


HAM:H7B
80GF Score
Coherent Corp HAM:H7B
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Coherent Days Inventory Calculation

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

Coherent's Days Inventory for the fiscal year that ended in Jun. 2025 is calculated as

Days Inventory (A: Jun. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (1195.069 + 1246.43) / 2 ) / 3265.81*365
=1220.7495 / 3265.81*365
=136.44

Coherent'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
=( (1578.113 + 1839.702) / 2 ) / 973.727*365 / 4
=1708.9075 / 973.727*365 / 4
=160.15

* 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 160.15 mean?
Coherent (HAM:H7B) has a Days Inventory of 160.15 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Coherent and its competitors. This is 34% above median its historical median of 119.46. Over the past decade, Coherent's Days Inventory has ranged from 105.22 to 147.55. According to the industry distribution chart, Coherent ranks #1761 out of 2414 companies in the Hardware industry, placing it in the top 72.9%.
Is Coherent's Days Inventory too high?
Coherent's current Days Inventory of 160.15 is 34% above median its 10-year median of 119.46. Over the past 10 years, this metric has ranged from a low of 105.22 to a high of 147.55. The Hardware industry median Days Inventory is 94.18. Coherent's value of 160.15 is 70% above this industry median. Based on the distribution chart, Coherent ranks #1761 out of 2414 companies in the Hardware industry, which is below the industry midpoint. Overall, Coherent has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coherent's Days Inventory compare to KEYS and GRMN?
According to the Hardware industry distribution chart, Coherent ranks #1761 out of 2414 companies for Days Inventory. This places Coherent in the lower half of its industry. The industry median Days Inventory is 94.18. Coherent's value of 160.15 is 70% above this benchmark. Historically, Coherent's own Days Inventory has ranged from 105.22 to 147.55 over the past decade. While the company's 10-year median is 119.46 vs. the industry median of 94.18, Coherent 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 Hardware company?
The median Days Inventory among Hardware companies is 94.18, based on 2,414 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. Coherent's current Days Inventory of 160.15 is 70% 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 Coherent and its competitors. For the Hardware industry, the median Days Inventory is 94.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coherent's current Days Inventory is 160.15, which is 34% above median its own 10-year median of 119.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coherent stock overvalued right now?
Based on GuruFocus' analysis, Coherent (HAM:H7B) is currently considered Significantly Overvalued. The stock's GF Value™ is €74.46, compared to a current price of €286.80 — trading 285.2% above its estimated fair value. The current Days Inventory is 160.15, which is 34% above median its 10-year median of 119.46 and 70% above the Hardware industry median of 94.18. Coherent's overall GF Score™ is 80/100 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 Coherent (HAM:H7B), the current Days Inventory is 160.15 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 Coherent (HAM:H7B) Overvalued in 2026?

Based on GuruFocus' analysis, Coherent stock appears to be overvalued. The current stock price of €286.80 is trading 285.2% above its estimated GF Value™ of €74.46. GuruFocus considers Coherent to be Significantly Overvalued.

Key valuation signals for HAM:H7B:

  • Days Inventory: 160.15 (34% above median its 10-year median of 119.46)
  • GF Value™: €74.46 vs. price of €286.80 (285.2% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 70% above the Hardware median (#1761 of 2414)

No single metric tells the full story. See the HAM:H7B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coherent Business Description

Address 375 Saxonburg Boulevard, Saxonburg, PA, USA, 16056
Coherent Corp is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the communications, industrial, instrumentation, and electronics markets. Its reporting segments are Datacenter Communications and Industrial. Its geographic areas are North America, Europe, China, Japan, and the rest of the world.
80GF Score

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

€286.80
Price
€74.46
GF Value