Mie CoNGO:3442 +0.31%65 Days Inventory is 116.21 as of Mar. 2026, which is 26% above its 10-year median of 91.88. GuruFocus rates NGO:3442 with a GF Score™ of 65/100 and a GF Value™ of 円1,450.31 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 581 Steel companies, Mie Co ranks worse than 65.4% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Mie Co's Average Total Inventories for the
six
months ended in Mar. 2026 was 円1,820 Mil. Mie Co's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円2,858 Mil.
Hence, Mie Co's Days Inventory for the
six
months ended in Mar. 2026 was 116.21.
The historical rank and industry rank for Mie Co's Days Inventory or its related term are showing as below:
NGO:3442'
s Days Inventory Range Over the Past 10 Years
Min: 70.97 Med: 91.88 Max: 120.28
Current: 114.45
During the past 13 years, Mie Co's highest Days Inventory was 120.28. The lowest was 70.97. And the median was 91.88.
NGO:3442's Days Inventory is ranked worse than 65.4% of 581
companies
in the Steel industry
Industry Median: 86.42
vs NGO:3442: 114.45
Mie Co's Days Inventory
increased
from Mar. 2025 (101.34) to Mar. 2026 (116.21).
It might indicate that Mie Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mie Co's Inventory Turnover for the
six
months ended in Mar. 2026 was 1.57.
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.
Mie Co's Inventory-to-Revenue for the
six
months ended in Mar. 2026 was 0.49.
Mie Co (NGO:3442) 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.
Mie 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.
Mie 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.
Mie Co Days Inventory Related Terms
Mie Co Days Inventory Historical Data
* Premium members only.
The historical data trend for Mie 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.
NGO:3442 vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Mie 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.
Mie Co Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Mie Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mie Co'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.
Mie Co (NGO:3442) has a Days Inventory of 116.21 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mie Co and its competitors. This is 26% above median its historical median of 91.88. Over the past decade, Mie Co's Days Inventory has ranged from 70.97 to 120.28. According to the industry distribution chart, Mie Co ranks #380 out of 581 companies in the Steel industry, placing it in the top 65.4%.
Is Mie Co's Days Inventory too high?
Mie Co's current Days Inventory of 116.21 is 26% above median its 10-year median of 91.88. Over the past 10 years, this metric has ranged from a low of 70.97 to a high of 120.28. The Steel industry median Days Inventory is 86.42. Mie Co's value of 116.21 is 34.5% above this industry median. Based on the distribution chart, Mie Co ranks #380 out of 581 companies in the Steel industry, which is below the industry midpoint. Overall, Mie Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mie Co's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Mie Co ranks #380 out of 581 companies for Days Inventory. This places Mie Co in the lower half of its industry. The industry median Days Inventory is 86.42. Mie Co's value of 116.21 is 34.5% above this benchmark. Historically, Mie Co's own Days Inventory has ranged from 70.97 to 120.28 over the past decade. While the company's 10-year median is 91.88 vs. the industry median of 86.42, Mie Co 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 Steel company?
The median Days Inventory among Steel companies is 86.42, based on 581 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. Mie Co's current Days Inventory of 116.21 is 34.5% 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 Mie Co and its competitors. For the Steel industry, the median Days Inventory is 86.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mie Co's current Days Inventory is 116.21, which is 26% above median its own 10-year median of 91.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Co stock overvalued right now?
Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,450.31, compared to a current price of 円1,612.00 — trading 11.1% above its estimated fair value. The current Days Inventory is 116.21, which is 26% above median its 10-year median of 91.88 and 34.5% above the Steel industry median of 86.42. Mie Co's overall GF Score™ is 65/100 with 5 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 Mie Co (NGO:3442), the current Days Inventory is 116.21 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 Mie Co (NGO:3442) Overvalued in 2026?
Based on GuruFocus' analysis, Mie Co stock appears to be overvalued.
The current stock price of 円1,612.00 is trading 11.1% above its estimated GF Value™ of 円1,450.31.
GuruFocus considers Mie Co to be Modestly Overvalued.
Key valuation signals for NGO:3442:
Days Inventory: 116.21 (26% above median its 10-year median of 91.88)
GF Value™: 円1,450.31 vs. price of 円1,612.00 (11.1% above fair value)
Industry Position: 34.5% above the Steel median (#380 of 581)
No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.
65GF Score
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