FirstServiceTSX:FSV +3.43%86 Days Inventory is 29.21 as of Mar. 2026, which is 21% above its 10-year median of 24.23. GuruFocus rates TSX:FSV with a GF Score™ of 86/100 and a GF Value™ of C$275.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,319 Real Estate companies, FirstService ranks better than 86.73% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). FirstService's Average Total Inventories for the
three
months ended in Mar. 2026 was C$389 Mil. FirstService's Cost of Goods Sold for the
three
months ended in Mar. 2026 was C$1,216 Mil.
Hence, FirstService's Days Inventory for the
three
months ended in Mar. 2026 was 29.21.
The historical rank and industry rank for FirstService's Days Inventory or its related term are showing as below:
TSX:FSV'
s Days Inventory Range Over the Past 10 Years
Min: 8.05 Med: 24.23 Max: 30.44
Current: 28.23
During the past 13 years, FirstService's highest Days Inventory was 30.44. The lowest was 8.05. And the median was 24.23.
TSX:FSV's Days Inventory is ranked better than 86.73% of 1319
companies
in the Real Estate industry
Industry Median: 699.43
vs TSX:FSV: 28.23
FirstService's Days Inventory
declined
from Mar. 2025 (29.63) to Mar. 2026 (29.21).
Inventory Turnover measures how fast the company turns over its inventory within a year.
FirstService's Inventory Turnover for the
three
months ended in Mar. 2026 was 3.12.
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.
FirstService's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.22.
FirstService (TSX:FSV) 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.
FirstService'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.
FirstService'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.
FirstService Days Inventory Related Terms
FirstService Days Inventory Historical Data
* Premium members only.
The historical data trend for FirstService'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.
For the Real Estate Services subindustry, FirstService'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.
FirstService Days Inventory vs Real Estate Industry
For the Real Estate industry and Real Estate sector, FirstService's Days Inventory distribution charts can be found below:
* The bar in red indicates where FirstService'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.
FirstService (TSX:FSV) has a Days Inventory of 29.21 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on FirstService and its competitors. This is 21% above median its historical median of 24.23. Over the past decade, FirstService's Days Inventory has ranged from 8.05 to 30.44. According to the industry distribution chart, FirstService ranks #175 out of 1319 companies in the Real Estate industry, placing it in the top 13.3%.
Is FirstService's Days Inventory too high?
FirstService's current Days Inventory of 29.21 is 21% above median its 10-year median of 24.23. Over the past 10 years, this metric has ranged from a low of 8.05 to a high of 30.44. The Real Estate industry median Days Inventory is 699.43. FirstService's value of 29.21 is 95.8% below this industry median. Based on the distribution chart, FirstService ranks #175 out of 1319 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, FirstService has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FirstService's Days Inventory compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, FirstService ranks #175 out of 1319 companies for Days Inventory. This places FirstService in the top 13% of its industry — outperforming the majority of peers. The industry median Days Inventory is 699.43. FirstService's value of 29.21 is 95.8% below this benchmark. Historically, FirstService's own Days Inventory has ranged from 8.05 to 30.44 over the past decade. While the company's 10-year median is 24.23 vs. the industry median of 699.43, FirstService 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 Real Estate company?
The median Days Inventory among Real Estate companies is 699.43, based on 1,319 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. FirstService's current Days Inventory of 29.21 is 95.8% 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 FirstService and its competitors. For the Real Estate industry, the median Days Inventory is 699.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FirstService's current Days Inventory is 29.21, which is 21% above median its own 10-year median of 24.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FirstService stock overvalued right now?
Based on GuruFocus' analysis, FirstService (TSX:FSV) is currently considered Modestly Undervalued. The stock's GF Value™ is C$275.41, compared to a current price of C$199.77 — trading 27.5% below its estimated fair value. The current Days Inventory is 29.21, which is 21% above median its 10-year median of 24.23 and 95.8% below the Real Estate industry median of 699.43. FirstService's overall GF Score™ is 86/100 with 3 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 FirstService (TSX:FSV), the current Days Inventory is 29.21 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 FirstService (TSX:FSV) Overvalued in 2026?
Based on GuruFocus' analysis, FirstService stock appears to be undervalued.
The current stock price of C$199.77 is trading 27.5% below its estimated GF Value™ of C$275.41.
GuruFocus considers FirstService to be Modestly Undervalued.
Key valuation signals for TSX:FSV:
Days Inventory: 29.21 (21% above median its 10-year median of 24.23)
GF Value™: C$275.41 vs. price of C$199.77 (27.5% below fair value)
Industry Position: 95.8% below the Real Estate median (#175 of 1319)
No single metric tells the full story. See the TSX:FSV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FirstService Corp is engaged in outsourcing property services. The company operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high and low-rise condominiums and co-operatives. FirstService Brands generates the majority of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.
86GF Score
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