Seiko Group (FRA:89M) Days Inventory: 172.09 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:89M Seiko Group Corp FRA:89M
32 GF Score
Price €56.50
GF Value €13.79
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Seiko Group Days Inventory?

Seiko Group FRA:89M -2.59% 32 Days Inventory is 172.09 as of Mar. 2026, which is 2% below its 10-year median of 174.92. GuruFocus rates FRA:89M with a GF Score™ of 32/100 and a GF Value™ of €13.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,009 Manufacturing - Apparel & Accessories companies, Seiko Group ranks worse than 61.74% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Seiko Group's Average Total Inventories for the three months ended in Mar. 2026 was €462 Mil. Seiko Group's Cost of Goods Sold for the three months ended in Mar. 2026 was €245 Mil. Hence, Seiko Group's Days Inventory for the three months ended in Mar. 2026 was 172.09.

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

FRA:89M' s Days Inventory Range Over the Past 10 Years
Min: 135.24   Med: 174.92   Max: 199.37
Current: 162.42

During the past 13 years, Seiko Group's highest Days Inventory was 199.37. The lowest was 135.24. And the median was 174.92.

FRA:89M's Days Inventory is ranked worse than
61.74% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.46 vs FRA:89M: 162.42

Seiko Group's Days Inventory declined from Mar. 2025 (185.80) to Mar. 2026 (172.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Seiko Group's Inventory Turnover for the three months ended in Mar. 2026 was 0.53.

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. Seiko Group's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.04.


Seiko Group  (FRA:89M) 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.

Seiko Group'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.

Seiko Group'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.


Seiko Group Days Inventory Related Terms


Seiko Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Seiko Group'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.

Seiko Group Days Inventory Chart

Seiko Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 187.64 201.05 212.80 179.76 180.54

Seiko Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 185.18 173.57 159.66 172.09 154.05

FRA:89M vs NKE, DECK, ONON: Days Inventory Comparison

For the Footwear & Accessories subindustry, Seiko Group'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.


Seiko Group Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiko Group's Days Inventory distribution charts can be found below:

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


FRA:89M
32GF Score
Seiko Group Corp FRA:89M
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seiko Group Days Inventory Calculation

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

Seiko Group's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (506.772 + 466.497) / 2 ) / 983.836*365
=486.6345 / 983.836*365
=180.54

Seiko Group'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
=( (457.654 + 466.497) / 2 ) / 245.012*365 / 4
=462.0755 / 245.012*365 / 4
=172.09

* 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 172.09 mean?
Seiko Group (FRA:89M) has a Days Inventory of 172.09 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Seiko Group and its competitors. This is near median its historical median of 174.92. Over the past decade, Seiko Group's Days Inventory has ranged from 135.24 to 199.37. According to the industry distribution chart, Seiko Group ranks #623 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 61.7%.
Is Seiko Group's Days Inventory too high?
Seiko Group's current Days Inventory of 172.09 is near median its 10-year median of 174.92. Over the past 10 years, this metric has ranged from a low of 135.24 to a high of 199.37. The Manufacturing - Apparel & Accessories industry median Days Inventory is 131.46. Seiko Group's value of 172.09 is 30.9% above this industry median. Based on the distribution chart, Seiko Group ranks #623 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Seiko Group has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seiko Group's Days Inventory compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Seiko Group ranks #623 out of 1009 companies for Days Inventory. This places Seiko Group in the lower half of its industry. The industry median Days Inventory is 131.46. Seiko Group's value of 172.09 is 30.9% above this benchmark. Historically, Seiko Group's own Days Inventory has ranged from 135.24 to 199.37 over the past decade. While the company's 10-year median is 174.92 vs. the industry median of 131.46, Seiko Group 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 131.46, based on 1,009 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. Seiko Group's current Days Inventory of 172.09 is 30.9% 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 Seiko Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 131.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seiko Group's current Days Inventory is 172.09, which is near median its own 10-year median of 174.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seiko Group stock overvalued right now?
Based on GuruFocus' analysis, Seiko Group (FRA:89M) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.79, compared to a current price of €56.50 — trading 309.7% above its estimated fair value. The current Days Inventory is 172.09, which is near median its 10-year median of 174.92 and 30.9% above the Manufacturing - Apparel & Accessories industry median of 131.46. Seiko Group's overall GF Score™ is 32/100 with 5 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 Seiko Group (FRA:89M), the current Days Inventory is 172.09 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 Seiko Group (FRA:89M) Overvalued in 2026?

Based on GuruFocus' analysis, Seiko Group stock appears to be overvalued. The current stock price of €56.50 is trading 309.7% above its estimated GF Value™ of €13.79. GuruFocus considers Seiko Group to be Significantly Overvalued.

Key valuation signals for FRA:89M:

  • Days Inventory: 172.09 (near median its 10-year median of 174.92)
  • GF Value™: €13.79 vs. price of €56.50 (309.7% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 30.9% above the Manufacturing - Apparel & Accessories median (#623 of 1009)

No single metric tells the full story. See the FRA:89M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seiko Group Business Description

Other Exchanges 8050:Japan
Address 8-10, Toranomon 2-chome, Minato-ku, Tokyo, JPN, 105-8505
Seiko Group Corp is a Japanese manufacturer of watches and electronic devices. The company organizes itself into four segments, based on product type: watches, electronic devices, systems solutions, and others. The watches business, which contributes more than half of the company's revenue, manufactures men's and ladies' fashion watches. The electronic devices business, the next most significant contributor to revenue, produces components such as semiconductors, camera shutters, inkjet print heads, thermal printers, micro-batteries, and radiation-measuring equipment. Combined sales in the watches and electronic devices segments constitute the vast majority of consolidated revenue. The company derives approximately half its revenue domestically.
32GF Score

Get the complete analysis for FRA:89M

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

€56.50
Price
€13.79
GF Value