Direct answer
LR1120/191 and SR1120SW/381 both measure 11.6 × 2.05 mm. LR1120 is 1.5 V alkaline, while 381 is 1.55 V silver oxide with an SW low-drain designation. They are same-size electrical alternatives, not exact equivalents.
Both are 11.6 mm in diameter; heights are 2.05 mm and 2.05 mm. The 11.6 × 2.05 mm envelope matches, but the electrical families do not: Alkaline manganese dioxide / zinc at 1.5 V nominal versus Silver oxide / zinc at 1.55 V nominal. Physical fit is not equivalence.
Do not infer acceptability from fit alone. The device maker’s complete code and current instructions remain authoritative.