CMC (NGO:2185) Days Inventory: 28.33 (As of Mar. 2026) — Near Median


NGO:2185 CMC Corp NGO:2185
64 GF Score
Price 円1,090.50
GF Value 円885.62
! 4 Warning Signs
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What is CMC Days Inventory?

CMC NGO:2185 64 Days Inventory is 28.33 as of Mar. 2026, which is 3% below its 10-year median of 29.15. GuruFocus rates NGO:2185 with a GF Score™ of 64/100 and a GF Value™ of 円885.62. The stock has 4 warning signs investors should review. Among 1,647 Software companies, CMC ranks worse than 56.47% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). CMC's Average Total Inventories for the six months ended in Mar. 2026 was 円971 Mil. CMC's Cost of Goods Sold for the six months ended in Mar. 2026 was 円6,256 Mil. Hence, CMC's Days Inventory for the six months ended in Mar. 2026 was 28.33.

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

NGO:2185' s Days Inventory Range Over the Past 10 Years
Min: 25.99   Med: 29.15   Max: 34.58
Current: 29.19

During the past 13 years, CMC's highest Days Inventory was 34.58. The lowest was 25.99. And the median was 29.15.

NGO:2185's Days Inventory is ranked worse than
56.47% of 1647 companies
in the Software industry
Industry Median: 20.13 vs NGO:2185: 29.19

CMC's Days Inventory increased from Mar. 2025 (28.26) to Mar. 2026 (28.33). It might indicate that CMC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CMC's Inventory Turnover for the six months ended in Mar. 2026 was 6.44.

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. CMC's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.09.


CMC  (NGO:2185) 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.

CMC'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.

CMC'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.


CMC Days Inventory Related Terms


CMC Days Inventory Historical Data

* Premium members only.

The historical data trend for CMC'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.

CMC Days Inventory Chart

CMC Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.26 31.21 34.58 28.97 31.02

CMC 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 30.07 26.61 28.26 32.03 28.33

NGO:2185 vs IBM, ACN, FISV: Days Inventory Comparison

For the Information Technology Services subindustry, CMC'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.


CMC Days Inventory vs Software Industry

For the Software industry and Technology sector, CMC's Days Inventory distribution charts can be found below:

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


NGO:2185
64GF Score
CMC Corp NGO:2185
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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CMC Days Inventory Calculation

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

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

Days Inventory (A: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (862.452 + 1067.066) / 2 ) / 11351.713*365
=964.759 / 11351.713*365
=31.02

CMC'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
=( (1067.066 + 875.326) / 2 ) / 6256.364*365 / 2
=971.196 / 6256.364*365 / 2
=28.33

* 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 28.33 mean?
CMC (NGO:2185) has a Days Inventory of 28.33 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on CMC and its competitors. This is near median its historical median of 29.15. Over the past decade, CMC's Days Inventory has ranged from 25.99 to 34.58. According to the industry distribution chart, CMC ranks #930 out of 1647 companies in the Software industry, placing it in the top 56.5%.
Is CMC's Days Inventory too high?
CMC's current Days Inventory of 28.33 is near median its 10-year median of 29.15. Over the past 10 years, this metric has ranged from a low of 25.99 to a high of 34.58. The Software industry median Days Inventory is 20.13. CMC's value of 28.33 is 40.7% above this industry median. Based on the distribution chart, CMC ranks #930 out of 1647 companies in the Software industry, which is below the industry midpoint. Overall, CMC has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does CMC's Days Inventory compare to IBM and ACN?
According to the Software industry distribution chart, CMC ranks #930 out of 1647 companies for Days Inventory. This places CMC in the lower half of its industry. The industry median Days Inventory is 20.13. CMC's value of 28.33 is 40.7% above this benchmark. Historically, CMC's own Days Inventory has ranged from 25.99 to 34.58 over the past decade. While the company's 10-year median is 29.15 vs. the industry median of 20.13, CMC 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 Software company?
The median Days Inventory among Software companies is 20.13, based on 1,647 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. CMC's current Days Inventory of 28.33 is 40.7% 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 CMC and its competitors. For the Software industry, the median Days Inventory is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC's current Days Inventory is 28.33, which is near median its own 10-year median of 29.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC stock overvalued right now?
CMC (NGO:2185) has a current Days Inventory of 28.33. The stock's GF Value™ is 円885.62, compared to a current price of 円1,090.50 — trading 23.1% above its estimated fair value. The current Days Inventory is 28.33, which is near median its 10-year median of 29.15 and 40.7% above the Software industry median of 20.13. CMC's overall GF Score™ is 64/100 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 CMC (NGO:2185), the current Days Inventory is 28.33 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 CMC (NGO:2185) Overvalued in 2026?

Based on GuruFocus' analysis, CMC stock appears to be overvalued. The current stock price of 円1,090.50 is trading 23.1% above its estimated GF Value™ of 円885.62.

Key valuation signals for NGO:2185:

  • Days Inventory: 28.33 (near median its 10-year median of 29.15)
  • GF Value™: 円885.62 vs. price of 円1,090.50 (23.1% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 40.7% above the Software median (#930 of 1647)

No single metric tells the full story. See the NGO:2185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMC Business Description

Other Exchanges 2185:Japan
Address 1-19 Heiwa 1-chome, Naka-ku, Nagoya, JPN, 460-0021
CMC Corp is a Japanese company engaged in writing and editing technical manuals for automakers in Japan. The business is comprised of marketing operations and system development operations.
64GF Score

Get the complete analysis for NGO:2185

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

円1,090.50
Price
円885.62
GF Value