LECO (Lincoln Electric Holdings) Days Inventory: 83.84 (As of Mar. 2026) — Near Median


LECO Lincoln Electric Holdings Inc LECO
98 GF Score
Price $264.49
GF Value $236.95
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Lincoln Electric Holdings Days Inventory?

Lincoln Electric Holdings LECO +0.13% 98 Days Inventory is 83.84 as of Mar. 2026, which is 7% above its 10-year median of 78.46. GuruFocus rates LECO with a GF Score™ of 98/100 and a GF Value™ of $236.95 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,968 Industrial Products companies, Lincoln Electric Holdings ranks better than 70.89% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Lincoln Electric Holdings's Average Total Inventories for the three months ended in Mar. 2026 was $664 Mil. Lincoln Electric Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $722 Mil. Hence, Lincoln Electric Holdings's Days Inventory for the three months ended in Mar. 2026 was 83.84.

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

LECO' s Days Inventory Range Over the Past 10 Years
Min: 63.02   Med: 78.46   Max: 88.69
Current: 83.82

During the past 13 years, Lincoln Electric Holdings's highest Days Inventory was 88.69. The lowest was 63.02. And the median was 78.46.

LECO's Days Inventory is ranked better than
70.89% of 2968 companies
in the Industrial Products industry
Industry Median: 119.47 vs LECO: 83.82

Lincoln Electric Holdings's Days Inventory increased from Mar. 2025 (79.86) to Mar. 2026 (83.84). It might indicate that Lincoln Electric Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lincoln Electric Holdings's Inventory Turnover for the three months ended in Mar. 2026 was 1.09.

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. Lincoln Electric Holdings's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.59.


Lincoln Electric Holdings  (NAS:LECO) 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.

Lincoln Electric Holdings'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.

Lincoln Electric Holdings'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.


Lincoln Electric Holdings Days Inventory Related Terms


Lincoln Electric Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Lincoln Electric Holdings'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.

Lincoln Electric Holdings Days Inventory Chart

Lincoln Electric Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.63 88.69 82.23 79.66 79.62

Lincoln Electric Holdings 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 79.86 79.86 87.80 84.47 83.84

LECO vs SWK, TKR, RBC: Days Inventory Comparison

For the Tools & Accessories subindustry, Lincoln Electric Holdings'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.


Lincoln Electric Holdings Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lincoln Electric Holdings's Days Inventory falls into.


LECO
98GF Score
Lincoln Electric Holdings Inc LECO
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln Electric Holdings Days Inventory Calculation

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

Lincoln Electric Holdings's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (544.037 + 633.364) / 2 ) / 2698.751*365
=588.7005 / 2698.751*365
=79.62

Lincoln Electric Holdings'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
=( (633.364 + 693.938) / 2 ) / 722.302*365 / 4
=663.651 / 722.302*365 / 4
=83.84

* 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 83.84 mean?
Lincoln Electric Holdings (LECO) has a Days Inventory of 83.84 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lincoln Electric Holdings and its competitors. This is near median its historical median of 78.46. Over the past decade, Lincoln Electric Holdings' Days Inventory has ranged from 63.02 to 88.69. According to the industry distribution chart, Lincoln Electric Holdings ranks #864 out of 2968 companies in the Industrial Products industry, placing it in the top 29.1%.
Is Lincoln Electric Holdings' Days Inventory too high?
Lincoln Electric Holdings' current Days Inventory of 83.84 is near median its 10-year median of 78.46. Over the past 10 years, this metric has ranged from a low of 63.02 to a high of 88.69. The Industrial Products industry median Days Inventory is 119.47. Lincoln Electric Holdings' value of 83.84 is 29.8% below this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #864 out of 2968 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Lincoln Electric Holdings has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' Days Inventory compare to SWK and TKR?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #864 out of 2968 companies for Days Inventory. This puts Lincoln Electric Holdings in the upper half of its industry. The industry median Days Inventory is 119.47. Lincoln Electric Holdings' value of 83.84 is 29.8% below this benchmark. Historically, Lincoln Electric Holdings' own Days Inventory has ranged from 63.02 to 88.69 over the past decade. While the company's 10-year median is 78.46 vs. the industry median of 119.47, Lincoln Electric Holdings 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,968 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. Lincoln Electric Holdings's current Days Inventory of 83.84 is 29.8% 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 Lincoln Electric Holdings and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current Days Inventory is 83.84, which is near median its own 10-year median of 78.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln Electric Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lincoln Electric Holdings (LECO) is currently considered Modestly Overvalued. The stock's GF Value™ is $236.95, compared to a current price of $264.49 — trading 11.6% above its estimated fair value. The current Days Inventory is 83.84, which is near median its 10-year median of 78.46 and 29.8% below the Industrial Products industry median of 119.47. Lincoln Electric Holdings' overall GF Score™ is 98/100 with 2 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 Lincoln Electric Holdings (LECO), the current Days Inventory is 83.84 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 Lincoln Electric Holdings (LECO) Overvalued in 2026?

Based on GuruFocus' analysis, Lincoln Electric Holdings stock appears to be overvalued. The current stock price of $264.49 is trading 11.6% above its estimated GF Value™ of $236.95. GuruFocus considers Lincoln Electric Holdings to be Modestly Overvalued.

Key valuation signals for LECO:

  • Days Inventory: 83.84 (near median its 10-year median of 78.46)
  • GF Value™: $236.95 vs. price of $264.49 (11.6% above fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 29.8% below the Industrial Products median (#864 of 2968)

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


Lincoln Electric Holdings Business Description

Other Exchanges LNE:Germany
Address 22801 Saint Clair Avenue, Cleveland, OH, USA, 44117
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. Its portfolio includes arc-welding solutions, plasma and oxy-fuel cutting systems, brazing and soldering alloys, and automation solutions. Lincoln Electric serves clients across general fabrication, heavy industries, automotive, construction, shipbuilding, energy, and process industries, among others. The company generated roughly $4.2 billion in sales in 2025.
98GF Score

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

$264.49
Price
$236.95
GF Value