Tokyo Electron DeviceFRA:8VR +2.27%66 Days Inventory is 93.89 as of Mar. 2026, which is 33% above its 10-year median of 70.84. GuruFocus rates FRA:8VR with a GF Score™ of 66/100 and a GF Value™ of €16.76 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,416 Hardware companies, Tokyo Electron Device ranks worse than 56.75% on this metric.
The historical rank and industry rank for Tokyo Electron Device's Days Inventory or its related term are showing as below:
FRA:8VR'
s Days Inventory Range Over the Past 10 Years
Min: 61.84 Med: 70.84 Max: 109.22
Current: 105.95
During the past 13 years, Tokyo Electron Device's highest Days Inventory was 109.22. The lowest was 61.84. And the median was 70.84.
FRA:8VR's Days Inventory is ranked worse than 56.75% of 2416
companies
in the Hardware industry
Industry Median: 94.31
vs FRA:8VR: 105.95
Tokyo Electron Device's Days Inventory
declined
from Mar. 2025 (115.10) to Mar. 2026 (93.89).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tokyo Electron Device's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.97.
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.
Tokyo Electron Device's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.86.
Tokyo Electron Device (FRA:8VR) 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.
Tokyo Electron Device'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.
Tokyo Electron Device'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.
Tokyo Electron Device Days Inventory Related Terms
Tokyo Electron Device Days Inventory Historical Data
* Premium members only.
The historical data trend for Tokyo Electron Device'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.
For the Electronic Components subindustry, Tokyo Electron Device'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.
Tokyo Electron Device Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, Tokyo Electron Device's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tokyo Electron Device'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.
Tokyo Electron Device (FRA:8VR) has a Days Inventory of 93.89 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tokyo Electron Device and its competitors. This is 33% above median its historical median of 70.84. Over the past decade, Tokyo Electron Device's Days Inventory has ranged from 61.84 to 109.22. According to the industry distribution chart, Tokyo Electron Device ranks #1371 out of 2416 companies in the Hardware industry, placing it in the top 56.7%.
Is Tokyo Electron Device's Days Inventory too high?
Tokyo Electron Device's current Days Inventory of 93.89 is 33% above median its 10-year median of 70.84. Over the past 10 years, this metric has ranged from a low of 61.84 to a high of 109.22. The Hardware industry median Days Inventory is 94.31. Tokyo Electron Device's value of 93.89 is 0.4% below this industry median. Based on the distribution chart, Tokyo Electron Device ranks #1371 out of 2416 companies in the Hardware industry, which is below the industry midpoint. Overall, Tokyo Electron Device has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron Device's Days Inventory compare to APH and GLW?
According to the Hardware industry distribution chart, Tokyo Electron Device ranks #1371 out of 2416 companies for Days Inventory. This places Tokyo Electron Device in the lower half of its industry. The industry median Days Inventory is 94.31. Tokyo Electron Device's value of 93.89 is 0.4% below this benchmark. Historically, Tokyo Electron Device's own Days Inventory has ranged from 61.84 to 109.22 over the past decade. While the company's 10-year median is 70.84 vs. the industry median of 94.31, Tokyo Electron Device 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 Hardware company?
The median Days Inventory among Hardware companies is 94.31, based on 2,416 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. Tokyo Electron Device's current Days Inventory of 93.89 is 0.4% 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 Tokyo Electron Device and its competitors. For the Hardware industry, the median Days Inventory is 94.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Electron Device's current Days Inventory is 93.89, which is 33% above median its own 10-year median of 70.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electron Device stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron Device (FRA:8VR) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.76, compared to a current price of €20.73 — trading 23.7% above its estimated fair value. The current Days Inventory is 93.89, which is 33% above median its 10-year median of 70.84 and 0.4% below the Hardware industry median of 94.31. Tokyo Electron Device's overall GF Score™ is 66/100 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 Tokyo Electron Device (FRA:8VR), the current Days Inventory is 93.89 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 Tokyo Electron Device (FRA:8VR) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Electron Device stock appears to be overvalued.
The current stock price of €20.73 is trading 23.7% above its estimated GF Value™ of €16.76.
GuruFocus considers Tokyo Electron Device to be Modestly Overvalued.
Key valuation signals for FRA:8VR:
Days Inventory: 93.89 (33% above median its 10-year median of 70.84)
GF Value™: €16.76 vs. price of €20.73 (23.7% above fair value)
Industry Position: 0.4% below the Hardware median (#1371 of 2416)
No single metric tells the full story. See the FRA:8VR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Electron Device Ltd is engaged in the sales of semiconductor products, board computer products, software and other electronic components. It is also involved in the business of network and security solutions, storage solutions, and software solutions.
66GF Score
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