FortiveLTS:0IRE +1.33%74 Days Inventory is 69.18 as of Mar. 2026, which is 12% below its 10-year median of 78.58. GuruFocus rates LTS:0IRE with a GF Score™ of 74/100 and a GF Value™ of $59.70 (Fairly Valued). The stock has 9 warning signs investors should review. Among 2,415 Hardware companies, Fortive ranks better than 56.4% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Fortive's Average Total Inventories for the
three
months ended in Mar. 2026 was $299 Mil. Fortive's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $394 Mil.
Hence, Fortive's Days Inventory for the
three
months ended in Mar. 2026 was 69.18.
The historical rank and industry rank for Fortive's Days Inventory or its related term are showing as below:
LTS:0IRE'
s Days Inventory Range Over the Past 10 Years
Min: 67.52 Med: 78.58 Max: 136.37
Current: 84.21
During the past 13 years, Fortive's highest Days Inventory was 136.37. The lowest was 67.52. And the median was 78.58.
LTS:0IRE's Days Inventory is ranked better than 56.4% of 2415
companies
in the Hardware industry
Industry Median: 94.29
vs LTS:0IRE: 84.21
Fortive's Days Inventory
declined
from Mar. 2025 (107.49) to Mar. 2026 (69.18).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Fortive's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.32.
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.
Fortive's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.28.
Fortive (LTS:0IRE) 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.
Fortive'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.
Fortive'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.
Fortive Days Inventory Related Terms
Fortive Days Inventory Historical Data
* Premium members only.
The historical data trend for Fortive'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.
LTS:0IRE vs TRMB, MKSI, CGNX: Days Inventory Comparison
For the Scientific & Technical Instruments subindustry, Fortive'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.
Fortive Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, Fortive's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fortive'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.
Fortive (LTS:0IRE) has a Days Inventory of 69.18 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Fortive and its competitors. This is 12% below median its historical median of 78.58. Over the past decade, Fortive's Days Inventory has ranged from 67.52 to 136.37. According to the industry distribution chart, Fortive ranks #1053 out of 2415 companies in the Hardware industry, placing it in the top 43.6%.
Is Fortive's Days Inventory too high?
Fortive's current Days Inventory of 69.18 is 12% below median its 10-year median of 78.58. Over the past 10 years, this metric has ranged from a low of 67.52 to a high of 136.37. The Hardware industry median Days Inventory is 94.29. Fortive's value of 69.18 is 26.6% below this industry median. Based on the distribution chart, Fortive ranks #1053 out of 2415 companies in the Hardware industry, which is above the industry midpoint. Overall, Fortive has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fortive's Days Inventory compare to TRMB and MKSI?
According to the Hardware industry distribution chart, Fortive ranks #1053 out of 2415 companies for Days Inventory. This puts Fortive in the upper half of its industry. The industry median Days Inventory is 94.29. Fortive's value of 69.18 is 26.6% below this benchmark. Historically, Fortive's own Days Inventory has ranged from 67.52 to 136.37 over the past decade. While the company's 10-year median is 78.58 vs. the industry median of 94.29, Fortive 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 Hardware company?
The median Days Inventory among Hardware companies is 94.29, based on 2,415 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. Fortive's current Days Inventory of 69.18 is 26.6% 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 Fortive and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortive's current Days Inventory is 69.18, which is 12% below median its own 10-year median of 78.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortive stock overvalued right now?
Based on GuruFocus' analysis, Fortive (LTS:0IRE) is currently considered Fairly Valued. The stock's GF Value™ is $59.70, compared to a current price of $61.89 — trading 3.7% above its estimated fair value. The current Days Inventory is 69.18, which is 12% below median its 10-year median of 78.58 and 26.6% below the Hardware industry median of 94.29. Fortive's overall GF Score™ is 74/100 with 9 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 Fortive (LTS:0IRE), the current Days Inventory is 69.18 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 Fortive (LTS:0IRE) Overvalued in 2026?
Based on GuruFocus' analysis, Fortive stock appears to be overvalued.
The current stock price of $61.89 is trading 3.7% above its estimated GF Value™ of $59.70.
GuruFocus considers Fortive to be Fairly Valued.
Key valuation signals for LTS:0IRE:
Days Inventory: 69.18 (12% below median its 10-year median of 78.58)
GF Value™: $59.70 vs. price of $61.89 (3.7% above fair value)
Industry Position: 26.6% below the Hardware median (#1053 of 2415)
No single metric tells the full story. See the LTS:0IRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortive Corp is a diversified industrial technology firm offering essential technologies, software, and services globally across several industries, such as manufacturing, utilities, medical, electronics, etc. It has two reportable segments: Intelligent Operating Solutions and Advanced Healthcare Solutions. Maximum revenue is generated from the Intelligent Operating Solutions segment, which offers professional instruments used in applications like maintenance, repair, measurement, and condition monitoring, connected worker safety, compliance solutions, etc. The products and services in this segment are marketed under various brands, including Fluke, Servicechannel, Gordian, Accruent, Industrial Scientific, and Intelex. Geographically, the firm generates maximum revenue from North America.
74GF Score
Get the complete analysis for LTS:0IRE
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0IRE has been successfully added to your 
