Applied MaterialsXSWX:AMAT +1.08%87 Days Inventory is 142.23 as of Apr. 2026, which is 3% above its 10-year median of 138.55. GuruFocus rates XSWX:AMAT with a GF Score™ of 87/100 and a GF Value™ of CHF178.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 983 Semiconductors companies, Applied Materials ranks worse than 64.39% on this metric.
The historical rank and industry rank for Applied Materials's Days Inventory or its related term are showing as below:
XSWX:AMAT'
s Days Inventory Range Over the Past 10 Years
Min: 112.23 Med: 138.55 Max: 159.7
Current: 146.43
During the past 13 years, Applied Materials's highest Days Inventory was 159.70. The lowest was 112.23. And the median was 138.55.
XSWX:AMAT's Days Inventory is ranked worse than 64.39% of 983
companies
in the Semiconductors industry
Industry Median: 111.84
vs XSWX:AMAT: 146.43
Applied Materials's Days Inventory
declined
from Apr. 2025 (147.13) to Apr. 2026 (142.23).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Applied Materials's Inventory Turnover for the
three
months ended in Apr. 2026 was 0.64.
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.
Applied Materials's Inventory-to-Revenue for the
three
months ended in Apr. 2026 was 0.78.
Applied Materials (XSWX:AMAT) 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.
Applied Materials's Inventory Turnover for the
three
months ended in Apr. 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.
Applied Materials's Inventory to Revenue for the
three
months ended in Apr. 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.
Applied Materials Days Inventory Related Terms
Applied Materials Days Inventory Historical Data
* Premium members only.
The historical data trend for Applied Materials'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.
XSWX:AMAT vs LRCX, KLAC, TER: Days Inventory Comparison
For the Semiconductor Equipment & Materials subindustry, Applied Materials'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.
Applied Materials Days Inventory vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Applied Materials's Days Inventory distribution charts can be found below:
* The bar in red indicates where Applied Materials'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.
Applied Materials (XSWX:AMAT) has a Days Inventory of 142.23 as of Apr. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Applied Materials and its competitors. This is near median its historical median of 138.55. Over the past decade, Applied Materials' Days Inventory has ranged from 112.23 to 159.70. According to the industry distribution chart, Applied Materials ranks #633 out of 983 companies in the Semiconductors industry, placing it in the top 64.4%.
Is Applied Materials' Days Inventory too high?
Applied Materials' current Days Inventory of 142.23 is near median its 10-year median of 138.55. Over the past 10 years, this metric has ranged from a low of 112.23 to a high of 159.70. The Semiconductors industry median Days Inventory is 111.84. Applied Materials' value of 142.23 is 27.2% above this industry median. Based on the distribution chart, Applied Materials ranks #633 out of 983 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Applied Materials has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Materials' Days Inventory compare to LRCX and KLAC?
According to the Semiconductors industry distribution chart, Applied Materials ranks #633 out of 983 companies for Days Inventory. This places Applied Materials in the lower half of its industry. The industry median Days Inventory is 111.84. Applied Materials' value of 142.23 is 27.2% above this benchmark. Historically, Applied Materials' own Days Inventory has ranged from 112.23 to 159.70 over the past decade. While the company's 10-year median is 138.55 vs. the industry median of 111.84, Applied Materials 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 Semiconductors company?
The median Days Inventory among Semiconductors companies is 111.84, based on 983 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. Applied Materials's current Days Inventory of 142.23 is 27.2% 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 Applied Materials and its competitors. For the Semiconductors industry, the median Days Inventory is 111.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Materials's current Days Inventory is 142.23, which is near median its own 10-year median of 138.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, Applied Materials (XSWX:AMAT) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF178.31, compared to a current price of CHF513.28 — trading 187.9% above its estimated fair value. The current Days Inventory is 142.23, which is near median its 10-year median of 138.55 and 27.2% above the Semiconductors industry median of 111.84. Applied Materials' overall GF Score™ is 87/100 with 6 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 Applied Materials (XSWX:AMAT), the current Days Inventory is 142.23 as of Apr. 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 Applied Materials (XSWX:AMAT) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Materials stock appears to be overvalued.
The current stock price of CHF513.28 is trading 187.9% above its estimated GF Value™ of CHF178.31.
GuruFocus considers Applied Materials to be Significantly Overvalued.
Key valuation signals for XSWX:AMAT:
Days Inventory: 142.23 (near median its 10-year median of 138.55)
GF Value™: CHF178.31 vs. price of CHF513.28 (187.9% above fair value)
Industry Position: 27.2% above the Semiconductors median (#633 of 983)
No single metric tells the full story. See the XSWX:AMAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
87GF Score
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