Innovative EyewearLUCY +63.16%56 Days Inventory is 239.93 as of Mar. 2026, which is 154% above its 10-year median of 94.34. GuruFocus rates LUCY with a GF Score™ of 56/100 and a GF Value™ of $1.81 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 786 Medical Devices & Instruments companies, Innovative Eyewear ranks worse than 65.01% on this metric.
The historical rank and industry rank for Innovative Eyewear's Days Inventory or its related term are showing as below:
LUCY'
s Days Inventory Range Over the Past 10 Years
Min: 19.73 Med: 94.34 Max: 225.26
Current: 225.26
During the past 7 years, Innovative Eyewear's highest Days Inventory was 225.26. The lowest was 19.73. And the median was 94.34.
LUCY's Days Inventory is ranked worse than 65.01% of 786
companies
in the Medical Devices & Instruments industry
Industry Median: 179.6
vs LUCY: 225.26
Innovative Eyewear's Days Inventory
declined
from Mar. 2025 (382.16) to Mar. 2026 (239.93).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Innovative Eyewear's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.38.
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.
Innovative Eyewear's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 2.03.
Innovative Eyewear (NAS:LUCY) 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.
Innovative Eyewear'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.
Innovative Eyewear'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.
Innovative Eyewear Days Inventory Related Terms
Innovative Eyewear Days Inventory Historical Data
* Premium members only.
The historical data trend for Innovative Eyewear'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.
LUCY vs NXGL, CBSC, RSCF: Days Inventory Comparison
For the Medical Instruments & Supplies subindustry, Innovative Eyewear'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.
Innovative Eyewear Days Inventory vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Innovative Eyewear's Days Inventory distribution charts can be found below:
* The bar in red indicates where Innovative Eyewear'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.
Innovative Eyewear (LUCY) has a Days Inventory of 239.93 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Innovative Eyewear and its competitors. This is 154% above median its historical median of 94.34. Over the past decade, Innovative Eyewear's Days Inventory has ranged from 19.73 to 225.26. According to the industry distribution chart, Innovative Eyewear ranks #511 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 65%.
Is Innovative Eyewear's Days Inventory too high?
Innovative Eyewear's current Days Inventory of 239.93 is 154% above median its 10-year median of 94.34. Over the past 10 years, this metric has ranged from a low of 19.73 to a high of 225.26. The Medical Devices & Instruments industry median Days Inventory is 179.60. Innovative Eyewear's value of 239.93 is 33.6% above this industry median. Based on the distribution chart, Innovative Eyewear ranks #511 out of 786 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Innovative Eyewear has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Innovative Eyewear's Days Inventory compare to NXGL and CBSC?
According to the Medical Devices & Instruments industry distribution chart, Innovative Eyewear ranks #511 out of 786 companies for Days Inventory. This places Innovative Eyewear in the lower half of its industry. The industry median Days Inventory is 179.60. Innovative Eyewear's value of 239.93 is 33.6% above this benchmark. Historically, Innovative Eyewear's own Days Inventory has ranged from 19.73 to 225.26 over the past decade. While the company's 10-year median is 94.34 vs. the industry median of 179.60, Innovative Eyewear 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 Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.60, based on 786 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. Innovative Eyewear's current Days Inventory of 239.93 is 33.6% 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 Innovative Eyewear and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Eyewear's current Days Inventory is 239.93, which is 154% above median its own 10-year median of 94.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Eyewear stock overvalued right now?
Based on GuruFocus' analysis, Innovative Eyewear (LUCY) is currently considered Possible Value Trap. The stock's GF Value™ is $1.81, compared to a current price of $1.21 — trading 33.1% below its estimated fair value. The current Days Inventory is 239.93, which is 154% above median its 10-year median of 94.34 and 33.6% above the Medical Devices & Instruments industry median of 179.60. Innovative Eyewear's overall GF Score™ is 56/100 with 4 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 Innovative Eyewear (LUCY), the current Days Inventory is 239.93 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 Innovative Eyewear (LUCY) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Eyewear stock appears to be undervalued.
The current stock price of $1.21 is trading 33.1% below its estimated GF Value™ of $1.81.
GuruFocus considers Innovative Eyewear to be Possible Value Trap.
Key valuation signals for LUCY:
Days Inventory: 239.93 (154% above median its 10-year median of 94.34)
GF Value™: $1.81 vs. price of $1.21 (33.1% below fair value)
Industry Position: 33.6% above the Medical Devices & Instruments median (#511 of 786)
No single metric tells the full story. See the LUCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Eyewear Inc is engaged in developing and selling eyeglasses and sunglasses, which are designed to allow customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. Its products include Lucyd Lyte, Nautica, Eddie Bauer, Lucyd Armor line, and Reebok. The firm derive substantially all of its revenue from the sale of smart glasses and custom lenses.
56GF Score
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