Meiko Construction Co (NGO:1869) Days Inventory: 1.32 (As of Mar. 2026) — 53% Below Median

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NGO:1869 Meiko Construction Co Ltd NGO:1869
66 GF Score
Price 円1,898.00
GF Value 円1,414.40
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Meiko Construction Co Days Inventory?

Meiko Construction Co NGO:1869 -0.42% 66 Days Inventory is 1.32 as of Mar. 2026, which is 53% below its 10-year median of 2.80. GuruFocus rates NGO:1869 with a GF Score™ of 66/100 and a GF Value™ of 円1,414.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 87 Homebuilding & Construction companies, Meiko Construction Co ranks better than 98.85% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Meiko Construction Co's Average Total Inventories for the six months ended in Mar. 2026 was 円326 Mil. Meiko Construction Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円44,951 Mil. Hence, Meiko Construction Co's Days Inventory for the six months ended in Mar. 2026 was 1.32.

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

NGO:1869' s Days Inventory Range Over the Past 10 Years
Min: 0.94   Med: 2.8   Max: 6.84
Current: 1.23

During the past 13 years, Meiko Construction Co's highest Days Inventory was 6.84. The lowest was 0.94. And the median was 2.80.

NGO:1869's Days Inventory is ranked better than
98.85% of 87 companies
in the Homebuilding & Construction industry
Industry Median: 309.68 vs NGO:1869: 1.23

Meiko Construction Co's Days Inventory increased from Mar. 2025 (1.10) to Mar. 2026 (1.32). It might indicate that Meiko Construction Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meiko Construction Co's Inventory Turnover for the six months ended in Mar. 2026 was 137.89.

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. Meiko Construction Co's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.01.


Meiko Construction Co  (NGO:1869) 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.

Meiko Construction Co's Inventory Turnover for the six 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.

Meiko Construction Co's Inventory to Revenue for the six 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.


Meiko Construction Co Days Inventory Related Terms


Meiko Construction Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Meiko Construction Co'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.

Meiko Construction Co Days Inventory Chart

Meiko Construction Co 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 2.53 1.42 1.08 0.99 0.94

Meiko Construction Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.49 1.62 1.10 1.44 1.32

NGO:1869 vs DHI, PHM, LEN: Days Inventory Comparison

For the Residential Construction subindustry, Meiko Construction Co'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.


Meiko Construction Co Days Inventory vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Meiko Construction Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Meiko Construction Co's Days Inventory falls into.


NGO:1869
66GF Score
Meiko Construction Co Ltd NGO:1869
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meiko Construction Co Days Inventory Calculation

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

Meiko Construction Co'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
=( (191 + 238) / 2 ) / 83355*365
=214.5 / 83355*365
=0.94

Meiko Construction Co'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (414 + 238) / 2 ) / 44951*365 / 2
=326 / 44951*365 / 2
=1.32

* 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 1.32 mean?
Meiko Construction Co (NGO:1869) has a Days Inventory of 1.32 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Meiko Construction Co and its competitors. This is 53% below median its historical median of 2.80. Over the past decade, Meiko Construction Co's Days Inventory has ranged from 0.94 to 6.84. According to the industry distribution chart, Meiko Construction Co ranks #1 out of 87 companies in the Homebuilding & Construction industry, placing it in the top 1.1%.
Is Meiko Construction Co's Days Inventory too high?
Meiko Construction Co's current Days Inventory of 1.32 is 53% below median its 10-year median of 2.80. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 6.84. The Homebuilding & Construction industry median Days Inventory is 309.68. Meiko Construction Co's value of 1.32 is 99.6% below this industry median. Based on the distribution chart, Meiko Construction Co ranks #1 out of 87 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Meiko Construction Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiko Construction Co's Days Inventory compare to DHI and PHM?
According to the Homebuilding & Construction industry distribution chart, Meiko Construction Co ranks #1 out of 87 companies for Days Inventory. This places Meiko Construction Co in the top 1% of its industry — outperforming the majority of peers. The industry median Days Inventory is 309.68. Meiko Construction Co's value of 1.32 is 99.6% below this benchmark. Historically, Meiko Construction Co's own Days Inventory has ranged from 0.94 to 6.84 over the past decade. While the company's 10-year median is 2.80 vs. the industry median of 309.68, Meiko Construction Co 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 Homebuilding & Construction company?
The median Days Inventory among Homebuilding & Construction companies is 309.68, based on 87 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. Meiko Construction Co's current Days Inventory of 1.32 is 99.6% 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 Meiko Construction Co and its competitors. For the Homebuilding & Construction industry, the median Days Inventory is 309.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiko Construction Co's current Days Inventory is 1.32, which is 53% below median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiko Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Meiko Construction Co (NGO:1869) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,414.40, compared to a current price of 円1,898.00 — trading 34.2% above its estimated fair value. The current Days Inventory is 1.32, which is 53% below median its 10-year median of 2.80 and 99.6% below the Homebuilding & Construction industry median of 309.68. Meiko Construction Co's overall GF Score™ is 66/100 with 4 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 Meiko Construction Co (NGO:1869), the current Days Inventory is 1.32 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 Meiko Construction Co (NGO:1869) Overvalued in 2026?

Based on GuruFocus' analysis, Meiko Construction Co stock appears to be overvalued. The current stock price of 円1,898.00 is trading 34.2% above its estimated GF Value™ of 円1,414.40. GuruFocus considers Meiko Construction Co to be Significantly Overvalued.

Key valuation signals for NGO:1869:

  • Days Inventory: 1.32 (53% below median its 10-year median of 2.80)
  • GF Value™: 円1,414.40 vs. price of 円1,898.00 (34.2% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 99.6% below the Homebuilding & Construction median (#1 of 87)

No single metric tells the full story. See the NGO:1869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meiko Construction Co Business Description

Address 1-1-4 Meieki, JR Central Towers 34 Floor, Nakamura-ku, Nagoya, JPN, 450-6113
Meiko Construction Co Ltd is engaged in the construction industry. The company undertakes contract for civil works, construction work, track construction and construction work of the facility construction, supervision, planning, design, surveying and consulting. The company is also involved in the buying and selling of houses and real estate, lease, and brokerage. Construction materials on rental, warehousing, and management of education and cultural facilities are additional activities done by the company.
66GF Score

Get the complete analysis for NGO:1869

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

円1,898.00
Price
円1,414.40
GF Value