Alcon (XSWX:ALCE) Days Inventory: 187.68 (As of Mar. 2026) — Near Median


XSWX:ALCE Alcon Inc XSWX:ALCE
53 GF Score
Price CHF55.60
GF Value CHF73.46
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Alcon Days Inventory?

Alcon XSWX:ALCE +3.65% 53 Days Inventory is 187.68 as of Mar. 2026, which is 7% above its 10-year median of 174.77. GuruFocus rates XSWX:ALCE with a GF Score™ of 53/100 and a GF Value™ of CHF73.46 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 786 Medical Devices & Instruments companies, Alcon ranks worse than 53.31% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Alcon's Average Total Inventories for the three months ended in Mar. 2026 was CHF1,912 Mil. Alcon's Cost of Goods Sold for the three months ended in Mar. 2026 was CHF930 Mil. Hence, Alcon's Days Inventory for the three months ended in Mar. 2026 was 187.68.

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

XSWX:ALCE' s Days Inventory Range Over the Past 10 Years
Min: 126.09   Med: 174.77   Max: 199.24
Current: 188.34

During the past 10 years, Alcon's highest Days Inventory was 199.24. The lowest was 126.09. And the median was 174.77.

XSWX:ALCE's Days Inventory is ranked worse than
53.31% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 179.86 vs XSWX:ALCE: 188.34

Alcon's Days Inventory declined from Mar. 2025 (193.87) to Mar. 2026 (187.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alcon's Inventory Turnover for the three months ended in Mar. 2026 was 0.49.

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. Alcon's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.90.


Alcon  (XSWX:ALCE) 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.

Alcon'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.

Alcon'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.


Alcon Days Inventory Related Terms


Alcon Days Inventory Historical Data

* Premium members only.

The historical data trend for Alcon'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.

Alcon Days Inventory Chart

Alcon 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 174.77 183.30 199.24 187.53 193.18

Alcon 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 193.87 186.57 192.54 183.01 187.68

XSWX:ALCE vs ISRG, BDX, MDLN: Days Inventory Comparison

For the Medical Instruments & Supplies subindustry, Alcon'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.


Alcon Days Inventory vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Alcon's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alcon's Days Inventory falls into.


XSWX:ALCE
53GF Score
Alcon Inc XSWX:ALCE
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Alcon Days Inventory Calculation

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

Alcon'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
=( (2022.149 + 1905.388) / 2 ) / 3710.366*365
=1963.7685 / 3710.366*365
=193.18

Alcon'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
=( (1905.388 + 1919.437) / 2 ) / 929.801*365 / 4
=1912.4125 / 929.801*365 / 4
=187.68

* 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 187.68 mean?
Alcon (XSWX:ALCE) has a Days Inventory of 187.68 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Alcon and its competitors. This is near median its historical median of 174.77. Over the past decade, Alcon's Days Inventory has ranged from 126.09 to 199.24. According to the industry distribution chart, Alcon ranks #419 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 53.3%.
Is Alcon's Days Inventory too high?
Alcon's current Days Inventory of 187.68 is near median its 10-year median of 174.77. Over the past 10 years, this metric has ranged from a low of 126.09 to a high of 199.24. The Medical Devices & Instruments industry median Days Inventory is 179.86. Alcon's value of 187.68 is 4.3% above this industry median. Based on the distribution chart, Alcon ranks #419 out of 786 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Alcon has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alcon's Days Inventory compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Alcon ranks #419 out of 786 companies for Days Inventory. This places Alcon in the lower half of its industry. The industry median Days Inventory is 179.86. Alcon's value of 187.68 is 4.3% above this benchmark. Historically, Alcon's own Days Inventory has ranged from 126.09 to 199.24 over the past decade. While the company's 10-year median is 174.77 vs. the industry median of 179.86, Alcon 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 179.86, 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. Alcon's current Days Inventory of 187.68 is 4.3% 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 Alcon and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alcon's current Days Inventory is 187.68, which is near median its own 10-year median of 174.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcon stock overvalued right now?
Based on GuruFocus' analysis, Alcon (XSWX:ALCE) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF73.46, compared to a current price of CHF55.60 — trading 24.3% below its estimated fair value. The current Days Inventory is 187.68, which is near median its 10-year median of 174.77 and 4.3% above the Medical Devices & Instruments industry median of 179.86. Alcon's overall GF Score™ is 53/100 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 Alcon (XSWX:ALCE), the current Days Inventory is 187.68 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 Alcon (XSWX:ALCE) Overvalued in 2026?

Based on GuruFocus' analysis, Alcon stock appears to be undervalued. The current stock price of CHF55.60 is trading 24.3% below its estimated GF Value™ of CHF73.46. GuruFocus considers Alcon to be Modestly Undervalued.

Key valuation signals for XSWX:ALCE:

  • Days Inventory: 187.68 (near median its 10-year median of 174.77)
  • GF Value™: CHF73.46 vs. price of CHF55.60 (24.3% below fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 4.3% above the Medical Devices & Instruments median (#419 of 786)

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


Alcon Business Description

Address Chemin de Blandonnet 8, Vernier, Geneva, CHE, 1214
Alcon is one of the leading visioncare companies in the world. Following nine years as a Novartis subsidiary, it was spun off as a public company in April 2019. Alcon operates in two segments: visioncare and surgical. Visioncare comprises contact lenses, lenscare solutions, and a suite of ocular health products. With brands like Dailies, Total1, and Air Optix, Alcon controls about one fourth of the US contact lens market. Surgical comprises intraocular lenses, ophthalmic surgical equipment, and consumables used during surgeries. Its main products include Centurion, a phacoemulsification device used during cataract surgeries, and a portfolio of IOLs including PanOptix and Vivity. Alcon has one of the largest installed bases of eye surgical equipment in the world.
53GF Score

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

CHF55.60
Price
CHF73.46
GF Value