Maruhachi Holdings Co (NGO:3504) Days Inventory: 132.04 (As of Mar. 2026) — 16% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:3504 Maruhachi Holdings Co Ltd NGO:3504
61 GF Score
Price 円1,358.00
GF Value 円907.65
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Maruhachi Holdings Co Days Inventory?

Maruhachi Holdings Co NGO:3504 +1.80% 61 Days Inventory is 132.04 as of Mar. 2026, which is 16% below its 10-year median of 156.27. GuruFocus rates NGO:3504 with a GF Score™ of 61/100 and a GF Value™ of 円907.65 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Maruhachi Holdings Co ranks worse than 72.53% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Maruhachi Holdings Co's Average Total Inventories for the six months ended in Mar. 2026 was 円1,632 Mil. Maruhachi Holdings Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円2,256 Mil. Hence, Maruhachi Holdings Co's Days Inventory for the six months ended in Mar. 2026 was 132.04.

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

NGO:3504' s Days Inventory Range Over the Past 10 Years
Min: 120.43   Med: 156.27   Max: 180.97
Current: 147.8

During the past 12 years, Maruhachi Holdings Co's highest Days Inventory was 180.97. The lowest was 120.43. And the median was 156.27.

NGO:3504's Days Inventory is ranked worse than
72.53% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 95.85 vs NGO:3504: 147.80

Maruhachi Holdings Co's Days Inventory declined from Mar. 2025 (141.55) to Mar. 2026 (132.04).

Inventory Turnover measures how fast the company turns over its inventory within a year. Maruhachi Holdings Co's Inventory Turnover for the six months ended in Mar. 2026 was 1.38.

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. Maruhachi Holdings Co's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.27.


Maruhachi Holdings Co  (NGO:3504) 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.

Maruhachi Holdings 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.

Maruhachi Holdings 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.


Maruhachi Holdings Co Days Inventory Related Terms


Maruhachi Holdings Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Maruhachi Holdings 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.

Maruhachi Holdings Co Days Inventory Chart

Maruhachi Holdings 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 120.43 137.56 159.68 152.86 146.95

Maruhachi Holdings 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 157.64 176.45 141.55 168.65 132.04

NGO:3504 vs SN, SGI, MHK: Days Inventory Comparison

For the Furnishings, Fixtures & Appliances subindustry, Maruhachi Holdings 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.


Maruhachi Holdings Co Days Inventory vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Maruhachi Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Maruhachi Holdings Co's Days Inventory falls into.


NGO:3504
61GF Score
Maruhachi Holdings Co Ltd NGO:3504
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruhachi Holdings Co Days Inventory Calculation

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

Maruhachi Holdings 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
=( (1648.259 + 1607.889) / 2 ) / 4043.924*365
=1628.074 / 4043.924*365
=146.95

Maruhachi Holdings 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
=( (1656.363 + 1607.889) / 2 ) / 2255.881*365 / 2
=1632.126 / 2255.881*365 / 2
=132.04

* 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 132.04 mean?
Maruhachi Holdings Co (NGO:3504) has a Days Inventory of 132.04 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Maruhachi Holdings Co and its competitors. This is 16% below median its historical median of 156.27. Over the past decade, Maruhachi Holdings Co's Days Inventory has ranged from 120.43 to 180.97. According to the industry distribution chart, Maruhachi Holdings Co ranks #301 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 72.5%.
Is Maruhachi Holdings Co's Days Inventory too high?
Maruhachi Holdings Co's current Days Inventory of 132.04 is 16% below median its 10-year median of 156.27. Over the past 10 years, this metric has ranged from a low of 120.43 to a high of 180.97. The Furnishings, Fixtures & Appliances industry median Days Inventory is 95.85. Maruhachi Holdings Co's value of 132.04 is 37.8% above this industry median. Based on the distribution chart, Maruhachi Holdings Co ranks #301 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Maruhachi Holdings Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maruhachi Holdings Co's Days Inventory compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Maruhachi Holdings Co ranks #301 out of 415 companies for Days Inventory. This places Maruhachi Holdings Co in the lower half of its industry. The industry median Days Inventory is 95.85. Maruhachi Holdings Co's value of 132.04 is 37.8% above this benchmark. Historically, Maruhachi Holdings Co's own Days Inventory has ranged from 120.43 to 180.97 over the past decade. While the company's 10-year median is 156.27 vs. the industry median of 95.85, Maruhachi Holdings 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 Furnishings, Fixtures & Appliances company?
The median Days Inventory among Furnishings, Fixtures & Appliances companies is 95.85, based on 415 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. Maruhachi Holdings Co's current Days Inventory of 132.04 is 37.8% 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 Maruhachi Holdings Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Inventory is 95.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruhachi Holdings Co's current Days Inventory is 132.04, which is 16% below median its own 10-year median of 156.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruhachi Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Maruhachi Holdings Co (NGO:3504) is currently considered Significantly Overvalued. The stock's GF Value™ is 円907.65, compared to a current price of 円1,358.00 — trading 49.6% above its estimated fair value. The current Days Inventory is 132.04, which is 16% below median its 10-year median of 156.27 and 37.8% above the Furnishings, Fixtures & Appliances industry median of 95.85. Maruhachi Holdings Co's overall GF Score™ is 61/100 with 7 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 Maruhachi Holdings Co (NGO:3504), the current Days Inventory is 132.04 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 Maruhachi Holdings Co (NGO:3504) Overvalued in 2026?

Based on GuruFocus' analysis, Maruhachi Holdings Co stock appears to be overvalued. The current stock price of 円1,358.00 is trading 49.6% above its estimated GF Value™ of 円907.65. GuruFocus considers Maruhachi Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:3504:

  • Days Inventory: 132.04 (16% below median its 10-year median of 156.27)
  • GF Value™: 円907.65 vs. price of 円1,358.00 (49.6% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 37.8% above the Furnishings, Fixtures & Appliances median (#301 of 415)

No single metric tells the full story. See the NGO:3504 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruhachi Holdings Co Business Description

Address Kohoku 3-8-12 8th Floor, Kanagawa-ku, Yokohama, Yubinbango, Yokohama, JPN, 222-0033
Maruhachi Holdings Co Ltd manufactures and sells bedding products including bedding feathers, wool bedding, & fur bedding; and also offers curtains. It is also engaged in real estate leasing business.
61GF Score

Get the complete analysis for NGO:3504

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

円1,358.00
Price
円907.65
GF Value