Miris Holding AB (XSAT:MIR) Days Inventory: 63.64 (As of Mar. 2026) — 27% Below Median


XSAT:MIR Miris Holding AB XSAT:MIR
45 GF Score
Price kr23.20
GF Value kr15.63
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Miris Holding AB Days Inventory?

Miris Holding AB XSAT:MIR +5.45% 45 Days Inventory is 63.64 as of Mar. 2026, which is 27% below its 10-year median of 87.17. GuruFocus rates XSAT:MIR with a GF Score™ of 45/100 and a GF Value™ of kr15.63 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,413 Hardware companies, Miris Holding AB ranks better than 68.75% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Miris Holding AB's Average Total Inventories for the three months ended in Mar. 2026 was kr2.38 Mil. Miris Holding AB's Cost of Goods Sold for the three months ended in Mar. 2026 was kr3.41 Mil. Hence, Miris Holding AB's Days Inventory for the three months ended in Mar. 2026 was 63.64.

The historical rank and industry rank for Miris Holding AB's Days Inventory or its related term are showing as below:

XSAT:MIR' s Days Inventory Range Over the Past 10 Years
Min: 64.74   Med: 87.17   Max: 142.86
Current: 66.36

During the past 13 years, Miris Holding AB's highest Days Inventory was 142.86. The lowest was 64.74. And the median was 87.17.

XSAT:MIR's Days Inventory is ranked better than
68.75% of 2413 companies
in the Hardware industry
Industry Median: 94.24 vs XSAT:MIR: 66.36

Miris Holding AB's Days Inventory increased from Mar. 2025 (61.12) to Mar. 2026 (63.64). It might indicate that Miris Holding AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Miris Holding AB's Inventory Turnover for the three months ended in Mar. 2026 was 1.43.

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. Miris Holding AB's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.69.


Miris Holding AB  (XSAT:MIR) 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.

Miris Holding AB'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.

Miris Holding AB'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.


Miris Holding AB Days Inventory Related Terms


Miris Holding AB Days Inventory Historical Data

* Premium members only.

The historical data trend for Miris Holding AB'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.

Miris Holding AB Days Inventory Chart

Miris Holding AB 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 120.94 85.52 88.81 71.92 64.74

Miris Holding AB 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 61.12 64.10 60.48 71.22 63.64

XSAT:MIR vs COHR, KEYS, GRMN: Days Inventory Comparison

For the Scientific & Technical Instruments subindustry, Miris Holding AB'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.


Miris Holding AB Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Miris Holding AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Miris Holding AB's Days Inventory falls into.


XSAT:MIR
45GF Score
Miris Holding AB XSAT:MIR
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Miris Holding AB Days Inventory Calculation

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

Miris Holding AB'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
=( (2.872 + 2.043) / 2 ) / 13.855*365
=2.4575 / 13.855*365
=64.74

Miris Holding AB'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
=( (2.043 + 2.716) / 2 ) / 3.412*365 / 4
=2.3795 / 3.412*365 / 4
=63.64

* 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 63.64 mean?
Miris Holding AB (XSAT:MIR) has a Days Inventory of 63.64 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Miris Holding AB and its competitors. This is 27% below median its historical median of 87.17. Over the past decade, Miris Holding AB's Days Inventory has ranged from 64.74 to 142.86. According to the industry distribution chart, Miris Holding AB ranks #754 out of 2413 companies in the Hardware industry, placing it in the top 31.2%.
Is Miris Holding AB's Days Inventory too high?
Miris Holding AB's current Days Inventory of 63.64 is 27% below median its 10-year median of 87.17. Over the past 10 years, this metric has ranged from a low of 64.74 to a high of 142.86. The Hardware industry median Days Inventory is 94.24. Miris Holding AB's value of 63.64 is 32.5% below this industry median. Based on the distribution chart, Miris Holding AB ranks #754 out of 2413 companies in the Hardware industry, which is above the industry midpoint. Overall, Miris Holding AB has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miris Holding AB's Days Inventory compare to COHR and KEYS?
According to the Hardware industry distribution chart, Miris Holding AB ranks #754 out of 2413 companies for Days Inventory. This puts Miris Holding AB in the upper half of its industry. The industry median Days Inventory is 94.24. Miris Holding AB's value of 63.64 is 32.5% below this benchmark. Historically, Miris Holding AB's own Days Inventory has ranged from 64.74 to 142.86 over the past decade. While the company's 10-year median is 87.17 vs. the industry median of 94.24, Miris Holding AB 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 94.24, based on 2,413 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. Miris Holding AB's current Days Inventory of 63.64 is 32.5% 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 Miris Holding AB and its competitors. For the Hardware industry, the median Days Inventory is 94.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miris Holding AB's current Days Inventory is 63.64, which is 27% below median its own 10-year median of 87.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miris Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Miris Holding AB (XSAT:MIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.63, compared to a current price of kr23.20 — trading 48.4% above its estimated fair value. The current Days Inventory is 63.64, which is 27% below median its 10-year median of 87.17 and 32.5% below the Hardware industry median of 94.24. Miris Holding AB's overall GF Score™ is 45/100 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 Miris Holding AB (XSAT:MIR), the current Days Inventory is 63.64 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 Miris Holding AB (XSAT:MIR) Overvalued in 2026?

Based on GuruFocus' analysis, Miris Holding AB stock appears to be overvalued. The current stock price of kr23.20 is trading 48.4% above its estimated GF Value™ of kr15.63. GuruFocus considers Miris Holding AB to be Significantly Overvalued.

Key valuation signals for XSAT:MIR:

  • Days Inventory: 63.64 (27% below median its 10-year median of 87.17)
  • GF Value™: kr15.63 vs. price of kr23.20 (48.4% above fair value)
  • GF Score™: 45/100 with 4 warning signs
  • Industry Position: 32.5% below the Hardware median (#754 of 2413)

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


Miris Holding AB Business Description

Address Danmarksgatan 26, Uppsala, SWE, SE-753 23
Miris Holding AB develops, produces, markets and sells the Miris HMA - Human Milk Analyzer (HMA). It provides neonatal health through the development, manufacture and sale of equipment and consumables for human milk analysis to enable individual nutrition for premature infants. It is used in healthcare for the analysis of breast milk for premature babies and for the classification of donated breast milk at milk banks.
45GF Score

Get the complete analysis for XSAT:MIR

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

kr23.20
Price
kr15.63
GF Value