FedEx (XSWX:FDX) Days Inventory: 3.11 (As of Feb. 2026) — 14% Below Median


XSWX:FDX FedEx Corp XSWX:FDX
81 GF Score
Price CHF262.94
GF Value CHF191.07
! 9 Warning Signs
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What is FedEx Days Inventory?

FedEx XSWX:FDX -0.03% 81 Days Inventory is 3.11 as of Feb. 2026, which is 14% below its 10-year median of 3.63. GuruFocus rates XSWX:FDX with a GF Score™ of 81/100 and a GF Value™ of CHF191.07. The stock has 9 warning signs investors should review. Among 798 Transportation companies, FedEx ranks better than 78.7% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). FedEx's Average Total Inventories for the three months ended in Feb. 2026 was CHF497 Mil. FedEx's Cost of Goods Sold for the three months ended in Feb. 2026 was CHF14,590 Mil. Hence, FedEx's Days Inventory for the three months ended in Feb. 2026 was 3.11.

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

XSWX:FDX' s Days Inventory Range Over the Past 10 Years
Min: 3.05   Med: 3.63   Max: 4.53
Current: 3.14

During the past 13 years, FedEx's highest Days Inventory was 4.53. The lowest was 3.05. And the median was 3.63.

XSWX:FDX's Days Inventory is ranked better than
78.7% of 798 companies
in the Transportation industry
Industry Median: 12.35 vs XSWX:FDX: 3.14

FedEx's Days Inventory declined from Feb. 2025 (3.20) to Feb. 2026 (3.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. FedEx's Inventory Turnover for the three months ended in Feb. 2026 was 29.33.

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. FedEx's Inventory-to-Revenue for the three months ended in Feb. 2026 was 0.03.


FedEx  (XSWX:FDX) 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.

FedEx's Inventory Turnover for the three months ended in Feb. 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.

FedEx's Inventory to Revenue for the three months ended in Feb. 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.


FedEx Days Inventory Related Terms


FedEx Days Inventory Historical Data

* Premium members only.

The historical data trend for FedEx'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.

FedEx Days Inventory Chart

FedEx Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 3.32 2.93 3.34 3.21

FedEx Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 3.20 3.44 3.18 3.08 3.11

XSWX:FDX vs UPS, JBHT, FDXFw: Days Inventory Comparison

For the Integrated Freight & Logistics subindustry, FedEx'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.


FedEx Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, FedEx's Days Inventory distribution charts can be found below:

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


XSWX:FDX
81GF Score
FedEx Corp XSWX:FDX
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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FedEx Days Inventory Calculation

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

FedEx's Days Inventory for the fiscal year that ended in May. 2024 is calculated as

Days Inventory (A: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2023 ) + Total Inventories (A: May. 2024 )) / count ) / Cost of Goods Sold (A: May. 2024 )*Days in Period
=( (542.211 + 558.003) / 2 ) / 62471.82*365
=550.107 / 62471.82*365
=3.21

FedEx's Days Inventory for the quarter that ended in Feb. 2026 is calculated as:

Days Inventory (Q: Feb. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (507.135 + 487.7) / 2 ) / 14590.033*365 / 4
=497.4175 / 14590.033*365 / 4
=3.11

* 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 3.11 mean?
FedEx (XSWX:FDX) has a Days Inventory of 3.11 as of Feb. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on FedEx and its competitors. This is 14% below median its historical median of 3.63. Over the past decade, FedEx's Days Inventory has ranged from 3.05 to 4.53. According to the industry distribution chart, FedEx ranks #170 out of 798 companies in the Transportation industry, placing it in the top 21.3%.
Is FedEx's Days Inventory too high?
FedEx's current Days Inventory of 3.11 is 14% below median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 4.53. The Transportation industry median Days Inventory is 12.35. FedEx's value of 3.11 is 74.8% below this industry median. Based on the distribution chart, FedEx ranks #170 out of 798 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, FedEx has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does FedEx's Days Inventory compare to UPS and JBHT?
According to the Transportation industry distribution chart, FedEx ranks #170 out of 798 companies for Days Inventory. This places FedEx in the top 21% of its industry — outperforming the majority of peers. The industry median Days Inventory is 12.35. FedEx's value of 3.11 is 74.8% below this benchmark. Historically, FedEx's own Days Inventory has ranged from 3.05 to 4.53 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 12.35, FedEx 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 Transportation company?
The median Days Inventory among Transportation companies is 12.35, based on 798 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. FedEx's current Days Inventory of 3.11 is 74.8% 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 FedEx and its competitors. For the Transportation industry, the median Days Inventory is 12.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx's current Days Inventory is 3.11, which is 14% below median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FedEx stock overvalued right now?
FedEx (XSWX:FDX) has a current Days Inventory of 3.11. The stock's GF Value™ is CHF191.07, compared to a current price of CHF262.94 — trading 37.6% above its estimated fair value. The current Days Inventory is 3.11, which is 14% below median its 10-year median of 3.63 and 74.8% below the Transportation industry median of 12.35. FedEx's overall GF Score™ is 81/100 with 9 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 FedEx (XSWX:FDX), the current Days Inventory is 3.11 as of Feb. 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 FedEx (XSWX:FDX) Overvalued in 2026?

Based on GuruFocus' analysis, FedEx stock appears to be overvalued. The current stock price of CHF262.94 is trading 37.6% above its estimated GF Value™ of CHF191.07.

Key valuation signals for XSWX:FDX:

  • Days Inventory: 3.11 (14% below median its 10-year median of 3.63)
  • GF Value™: CHF191.07 vs. price of CHF262.94 (37.6% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 74.8% below the Transportation median (#170 of 798)

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


FedEx Business Description

Address 942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. Following the June 2026 spinoff of FedEx Freight (less-than-truckload shipping), the firm's Federal Express segment—which houses the core package delivery operations—makes up more than 95% of total revenue (previously 87%). The remainder stems from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
81GF Score

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

CHF262.94
Price
CHF191.07
GF Value