Hoya (HOCPF) Days Inventory: 314.85 (As of Mar. 2026) — Near Median


HOCPF Hoya Corp HOCPF
97 GF Score
Price $154.58
GF Value $145.91
Valuation Fairly Valued
! 1 Warning Sign
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What is Hoya Days Inventory?

Hoya HOCPF 97 Days Inventory is 314.85 as of Mar. 2026, which is 6% below its 10-year median of 333.24. GuruFocus rates HOCPF with a GF Score™ of 97/100 and a GF Value™ of $145.91 (Fairly Valued). The stock has 1 warning sign investors should review. Among 786 Medical Devices & Instruments companies, Hoya ranks worse than 82.57% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Hoya's Average Total Inventories for the three months ended in Mar. 2026 was $846 Mil. Hoya's Cost of Goods Sold for the three months ended in Mar. 2026 was $245 Mil. Hence, Hoya's Days Inventory for the three months ended in Mar. 2026 was 314.85.

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

HOCPF' s Days Inventory Range Over the Past 10 Years
Min: 295.69   Med: 333.24   Max: 391.07
Current: 343.49

During the past 13 years, Hoya's highest Days Inventory was 391.07. The lowest was 295.69. And the median was 333.24.

HOCPF's Days Inventory is ranked worse than
82.57% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 179.6 vs HOCPF: 343.49

Hoya's Days Inventory declined from Mar. 2025 (395.32) to Mar. 2026 (314.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hoya's Inventory Turnover for the three months ended in Mar. 2026 was 0.29.

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. Hoya's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.53.


Hoya  (OTCPK:HOCPF) 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.

Hoya'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.

Hoya'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.


Hoya Days Inventory Related Terms


Hoya Days Inventory Historical Data

* Premium members only.

The historical data trend for Hoya'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.

Hoya Days Inventory Chart

Hoya 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 311.43 371.68 413.24 370.94 355.96

Hoya Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 395.32 364.18 350.93 360.10 314.85

HOCPF vs ISRG, BDX, MDLN: Days Inventory Comparison

For the Medical Instruments & Supplies subindustry, Hoya'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.


Hoya Days Inventory vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hoya's Days Inventory distribution charts can be found below:

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


HOCPF
97GF Score
Hoya Corp HOCPF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Hoya Days Inventory Calculation

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

Hoya'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
=( (835.583 + 834.886) / 2 ) / 856.452*365
=835.2345 / 856.452*365
=355.96

Hoya'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
=( (857.762 + 834.886) / 2 ) / 245.281*365 / 4
=846.324 / 245.281*365 / 4
=314.85

* 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 314.85 mean?
Hoya (HOCPF) has a Days Inventory of 314.85 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hoya and its competitors. This is near median its historical median of 333.24. Over the past decade, Hoya's Days Inventory has ranged from 295.69 to 391.07. According to the industry distribution chart, Hoya ranks #649 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 82.6%.
Is Hoya's Days Inventory too high?
Hoya's current Days Inventory of 314.85 is near median its 10-year median of 333.24. Over the past 10 years, this metric has ranged from a low of 295.69 to a high of 391.07. The Medical Devices & Instruments industry median Days Inventory is 179.60. Hoya's value of 314.85 is 75.3% above this industry median. Based on the distribution chart, Hoya ranks #649 out of 786 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Hoya has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hoya's Days Inventory compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Hoya ranks #649 out of 786 companies for Days Inventory. This places Hoya in the lower half of its industry. The industry median Days Inventory is 179.60. Hoya's value of 314.85 is 75.3% above this benchmark. Historically, Hoya's own Days Inventory has ranged from 295.69 to 391.07 over the past decade. While the company's 10-year median is 333.24 vs. the industry median of 179.60, Hoya 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 Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.60, based on 786 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. Hoya's current Days Inventory of 314.85 is 75.3% 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 Hoya and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoya's current Days Inventory is 314.85, which is near median its own 10-year median of 333.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoya stock overvalued right now?
Based on GuruFocus' analysis, Hoya (HOCPF) is currently considered Fairly Valued. The stock's GF Value™ is $145.91, compared to a current price of $154.58 — trading 5.9% above its estimated fair value. The current Days Inventory is 314.85, which is near median its 10-year median of 333.24 and 75.3% above the Medical Devices & Instruments industry median of 179.60. Hoya's overall GF Score™ is 97/100 with 1 warning sign 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 Hoya (HOCPF), the current Days Inventory is 314.85 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 Hoya (HOCPF) Overvalued in 2026?

Based on GuruFocus' analysis, Hoya stock appears to be overvalued. The current stock price of $154.58 is trading 5.9% above its estimated GF Value™ of $145.91. GuruFocus considers Hoya to be Fairly Valued.

Key valuation signals for HOCPF:

  • Days Inventory: 314.85 (near median its 10-year median of 333.24)
  • GF Value™: $145.91 vs. price of $154.58 (5.9% above fair value)
  • GF Score™: 97/100 with 1 warning sign
  • Industry Position: 75.3% above the Medical Devices & Instruments median (#649 of 786)

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


Hoya Business Description

Address 6-10-1, Nishi-Shinjuku, 20th Floor, Nittochi Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-8347
Founded in 1941 in Tokyo as an optical glass production plant, Hoya is one of the largest eyeglass lens manufacturers in the world. Leveraging its technology know-how in glass manufacturing, Hoya entered the mask blanks business in 1974. Now although its life care business accounts for more than 60% of its total revenue, majority of its profit before tax comes from its higher-margin IT business.
97GF Score

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

$154.58
Price
$145.91
GF Value