Mani (MNICF) Days Inventory: 221.91 (As of Feb. 2026) — 19% Below Median


MNICF Mani Inc MNICF
98 GF Score
Price $12.82
GF Value $15.90
! 6 Warning Signs
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What is Mani Days Inventory?

Mani MNICF 98 Days Inventory is 221.91 as of Feb. 2026, which is 19% below its 10-year median of 274.90. GuruFocus rates MNICF with a GF Score™ of 98/100 and a GF Value™ of $15.90. The stock has 6 warning signs investors should review. Among 786 Medical Devices & Instruments companies, Mani ranks worse than 63.87% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Mani's Average Total Inventories for the three months ended in Feb. 2026 was $42.6 Mil. Mani's Cost of Goods Sold for the three months ended in Feb. 2026 was $17.5 Mil. Hence, Mani's Days Inventory for the three months ended in Feb. 2026 was 221.91.

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

MNICF' s Days Inventory Range Over the Past 10 Years
Min: 217.57   Med: 274.9   Max: 429.4
Current: 220.49

During the past 13 years, Mani's highest Days Inventory was 429.40. The lowest was 217.57. And the median was 274.90.

MNICF's Days Inventory is ranked worse than
63.87% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 179.6 vs MNICF: 220.49

Mani's Days Inventory declined from Feb. 2025 (223.33) to Feb. 2026 (221.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mani's Inventory Turnover for the three months ended in Feb. 2026 was 0.41.

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. Mani's Inventory-to-Revenue for the three months ended in Feb. 2026 was 0.80.


Mani  (OTCPK:MNICF) 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.

Mani'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.

Mani'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.


Mani Days Inventory Related Terms


Mani Days Inventory Historical Data

* Premium members only.

The historical data trend for Mani'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.

Mani Days Inventory Chart

Mani Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 393.82 336.11 268.76 220.83 218.48

Mani 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 223.33 210.87 222.40 227.11 221.91

MNICF vs ISRG, BDX, MDLN: Days Inventory Comparison

For the Medical Instruments & Supplies subindustry, Mani'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.


Mani Days Inventory vs Medical Devices & Instruments Industry

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

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


MNICF
98GF Score
Mani Inc MNICF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Mani Days Inventory Calculation

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

Mani's Days Inventory for the fiscal year that ended in Aug. 2025 is calculated as

Days Inventory (A: Aug. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2024 ) + Total Inventories (A: Aug. 2025 )) / count ) / Cost of Goods Sold (A: Aug. 2025 )*Days in Period
=( (43.49 + 42.969) / 2 ) / 72.22*365
=43.2295 / 72.22*365
=218.48

Mani'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
=( (42.664 + 42.443) / 2 ) / 17.498*365 / 4
=42.5535 / 17.498*365 / 4
=221.91

* 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 221.91 mean?
Mani (MNICF) has a Days Inventory of 221.91 as of Feb. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mani and its competitors. This is 19% below median its historical median of 274.90. Over the past decade, Mani's Days Inventory has ranged from 217.57 to 429.40. According to the industry distribution chart, Mani ranks #502 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 63.9%.
Is Mani's Days Inventory too high?
Mani's current Days Inventory of 221.91 is 19% below median its 10-year median of 274.90. Over the past 10 years, this metric has ranged from a low of 217.57 to a high of 429.40. The Medical Devices & Instruments industry median Days Inventory is 179.60. Mani's value of 221.91 is 23.6% above this industry median. Based on the distribution chart, Mani ranks #502 out of 786 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Mani has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Mani's Days Inventory compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Mani ranks #502 out of 786 companies for Days Inventory. This places Mani in the lower half of its industry. The industry median Days Inventory is 179.60. Mani's value of 221.91 is 23.6% above this benchmark. Historically, Mani's own Days Inventory has ranged from 217.57 to 429.40 over the past decade. While the company's 10-year median is 274.90 vs. the industry median of 179.60, Mani 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. Mani's current Days Inventory of 221.91 is 23.6% 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 Mani 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. Mani's current Days Inventory is 221.91, which is 19% below median its own 10-year median of 274.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mani stock overvalued right now?
Mani (MNICF) has a current Days Inventory of 221.91. The stock's GF Value™ is $15.90, compared to a current price of $12.82 — trading 19.4% below its estimated fair value. The current Days Inventory is 221.91, which is 19% below median its 10-year median of 274.90 and 23.6% above the Medical Devices & Instruments industry median of 179.60. Mani's overall GF Score™ is 98/100 with 6 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 Mani (MNICF), the current Days Inventory is 221.91 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 Mani (MNICF) Overvalued in 2026?

Based on GuruFocus' analysis, Mani stock appears to be undervalued. The current stock price of $12.82 is trading 19.4% below its estimated GF Value™ of $15.90.

Key valuation signals for MNICF:

  • Days Inventory: 221.91 (19% below median its 10-year median of 274.90)
  • GF Value™: $15.90 vs. price of $12.82 (19.4% below fair value)
  • GF Score™: 98/100 with 6 warning signs
  • Industry Position: 23.6% above the Medical Devices & Instruments median (#502 of 786)

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


Mani Business Description

Other Exchanges 7730:Japan
Address 8-3 Kogyodanchi, Tochigi, JPN
Mani Inc manufactures medical devices and dental instruments. It sells products in four categories: surgical instruments, ophthalmic instruments, suture needles, and dental instruments. Mani's surgical products include instruments such as staplers, vessel knives, and bone saws. Its ophthalmic instruments include a range of knives used during eye surgery and ophthalmic sutures. Mani's suture needles business includes a variety of taper point and cutting eyeless needles, which require suture attachment and sterilization by the customer, as well as stainless-steel eyed needles. The firm's dental instruments include endodontic instruments and accessories, root canal equipment, and finishing and polishing instruments.
98GF Score

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

$12.82
Price
$15.90
GF Value