IPG PhotonicsIPGP -2.75%79 Days Inventory is 173.82 as of Mar. 2026, which is 13% below its 10-year median of 199.61. GuruFocus rates IPGP with a GF Score™ of 79/100 and a GF Value™ of $84.97 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 983 Semiconductors companies, IPG Photonics ranks worse than 72.74% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). IPG Photonics's Average Total Inventories for the
three
months ended in Mar. 2026 was $316 Mil. IPG Photonics's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $166 Mil.
Hence, IPG Photonics's Days Inventory for the
three
months ended in Mar. 2026 was 173.82.
The historical rank and industry rank for IPG Photonics's Days Inventory or its related term are showing as below:
IPGP'
s Days Inventory Range Over the Past 10 Years
Min: 163.04 Med: 199.61 Max: 235.73
Current: 173.74
During the past 13 years, IPG Photonics's highest Days Inventory was 235.73. The lowest was 163.04. And the median was 199.61.
IPGP's Days Inventory is ranked worse than 72.74% of 983
companies
in the Semiconductors industry
Industry Median: 111.84
vs IPGP: 173.74
IPG Photonics's Days Inventory
declined
from Mar. 2025 (189.27) to Mar. 2026 (173.82).
Inventory Turnover measures how fast the company turns over its inventory within a year.
IPG Photonics's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.52.
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.
IPG Photonics's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.19.
IPG Photonics (NAS:IPGP) 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.
IPG Photonics'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.
IPG Photonics'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.
IPG Photonics Days Inventory Related Terms
IPG Photonics Days Inventory Historical Data
* Premium members only.
The historical data trend for IPG Photonics'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.
IPGP vs ACLS, KLIC, UCTT: Days Inventory Comparison
For the Semiconductor Equipment & Materials subindustry, IPG Photonics'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.
IPG Photonics Days Inventory vs Semiconductors Industry
For the Semiconductors industry and Technology sector, IPG Photonics's Days Inventory distribution charts can be found below:
* The bar in red indicates where IPG Photonics'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.
IPG Photonics (IPGP) has a Days Inventory of 173.82 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on IPG Photonics and its competitors. This is 13% below median its historical median of 199.61. Over the past decade, IPG Photonics' Days Inventory has ranged from 163.04 to 235.73. According to the industry distribution chart, IPG Photonics ranks #715 out of 983 companies in the Semiconductors industry, placing it in the top 72.7%.
Is IPG Photonics' Days Inventory too high?
IPG Photonics' current Days Inventory of 173.82 is 13% below median its 10-year median of 199.61. Over the past 10 years, this metric has ranged from a low of 163.04 to a high of 235.73. The Semiconductors industry median Days Inventory is 111.84. IPG Photonics' value of 173.82 is 55.4% above this industry median. Based on the distribution chart, IPG Photonics ranks #715 out of 983 companies in the Semiconductors industry, which is below the industry midpoint. Overall, IPG Photonics has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IPG Photonics' Days Inventory compare to ACLS and KLIC?
According to the Semiconductors industry distribution chart, IPG Photonics ranks #715 out of 983 companies for Days Inventory. This places IPG Photonics in the lower half of its industry. The industry median Days Inventory is 111.84. IPG Photonics' value of 173.82 is 55.4% above this benchmark. Historically, IPG Photonics' own Days Inventory has ranged from 163.04 to 235.73 over the past decade. While the company's 10-year median is 199.61 vs. the industry median of 111.84, IPG Photonics 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 983 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. IPG Photonics's current Days Inventory of 173.82 is 55.4% 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 IPG Photonics 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. IPG Photonics's current Days Inventory is 173.82, which is 13% below median its own 10-year median of 199.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPG Photonics stock overvalued right now?
Based on GuruFocus' analysis, IPG Photonics (IPGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $84.97, compared to a current price of $107.45 — trading 26.5% above its estimated fair value. The current Days Inventory is 173.82, which is 13% below median its 10-year median of 199.61 and 55.4% above the Semiconductors industry median of 111.84. IPG Photonics' overall GF Score™ is 79/100 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 IPG Photonics (IPGP), the current Days Inventory is 173.82 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 IPG Photonics (IPGP) Overvalued in 2026?
Based on GuruFocus' analysis, IPG Photonics stock appears to be overvalued.
The current stock price of $107.45 is trading 26.5% above its estimated GF Value™ of $84.97.
GuruFocus considers IPG Photonics to be Modestly Overvalued.
Key valuation signals for IPGP:
Days Inventory: 173.82 (13% below median its 10-year median of 199.61)
GF Value™: $84.97 vs. price of $107.45 (26.5% above fair value)
Industry Position: 55.4% above the Semiconductors median (#715 of 983)
No single metric tells the full story. See the IPGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, laser and non-laser systems, fiber amplifiers, diode lasers, and related optical components. Its products are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. The company sells its products globally to original equipment manufacturers (OEMs), system integrators, and end users. Additionally, it manufactures complementary products used with its lasers, including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors, and chillers. Geographically, the company generates maximum revenue from North America, followed by China, Japan, Germany, and other markets.
79GF Score
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