TOTO (NGO:5332) Days Inventory: 90.48 (As of Mar. 2026) — Near Median


NGO:5332 TOTO Ltd NGO:5332
67 GF Score
Price 円8,714.00
GF Value 円4,538.60
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is TOTO Days Inventory?

TOTO NGO:5332 67 Days Inventory is 90.48 as of Mar. 2026, which is 8% above its 10-year median of 84.16. GuruFocus rates NGO:5332 with a GF Score™ of 67/100 and a GF Value™ of 円4,538.60 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,485 Construction companies, TOTO ranks worse than 68.35% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). TOTO's Average Total Inventories for the three months ended in Mar. 2026 was 円121,937 Mil. TOTO's Cost of Goods Sold for the three months ended in Mar. 2026 was 円122,981 Mil. Hence, TOTO's Days Inventory for the three months ended in Mar. 2026 was 90.48.

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

NGO:5332' s Days Inventory Range Over the Past 10 Years
Min: 64.23   Med: 84.16   Max: 109.94
Current: 98.98

During the past 13 years, TOTO's highest Days Inventory was 109.94. The lowest was 64.23. And the median was 84.16.

NGO:5332's Days Inventory is ranked worse than
68.35% of 1485 companies
in the Construction industry
Industry Median: 49.78 vs NGO:5332: 98.98

TOTO's Days Inventory declined from Mar. 2025 (101.17) to Mar. 2026 (90.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. TOTO's Inventory Turnover for the three months ended in Mar. 2026 was 1.01.

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. TOTO's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.64.


TOTO  (NGO:5332) 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.

TOTO's Inventory Turnover for the three 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.

TOTO's Inventory to Revenue for the three 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.


TOTO Days Inventory Related Terms


TOTO Days Inventory Historical Data

* Premium members only.

The historical data trend for TOTO'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.

TOTO Days Inventory Chart

TOTO 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 85.63 101.59 109.94 104.02 98.48

TOTO Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 101.17 115.92 102.06 90.45 90.48

NGO:5332 vs TT, JCI, CARR: Days Inventory Comparison

For the Building Products & Equipment subindustry, TOTO'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.


TOTO Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, TOTO's Days Inventory distribution charts can be found below:

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


NGO:5332
67GF Score
TOTO Ltd NGO:5332
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOTO Days Inventory Calculation

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

TOTO'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
=( (134629 + 121615) / 2 ) / 474862*365
=128122 / 474862*365
=98.48

TOTO'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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (122259 + 121615) / 2 ) / 122981*365 / 4
=121937 / 122981*365 / 4
=90.48

* 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 90.48 mean?
TOTO (NGO:5332) has a Days Inventory of 90.48 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on TOTO and its competitors. This is near median its historical median of 84.16. Over the past decade, TOTO's Days Inventory has ranged from 64.23 to 109.94. According to the industry distribution chart, TOTO ranks #1015 out of 1485 companies in the Construction industry, placing it in the top 68.4%.
Is TOTO's Days Inventory too high?
TOTO's current Days Inventory of 90.48 is near median its 10-year median of 84.16. Over the past 10 years, this metric has ranged from a low of 64.23 to a high of 109.94. The Construction industry median Days Inventory is 49.78. TOTO's value of 90.48 is 81.8% above this industry median. Based on the distribution chart, TOTO ranks #1015 out of 1485 companies in the Construction industry, which is below the industry midpoint. Overall, TOTO has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOTO's Days Inventory compare to TT and JCI?
According to the Construction industry distribution chart, TOTO ranks #1015 out of 1485 companies for Days Inventory. This places TOTO in the lower half of its industry. The industry median Days Inventory is 49.78. TOTO's value of 90.48 is 81.8% above this benchmark. Historically, TOTO's own Days Inventory has ranged from 64.23 to 109.94 over the past decade. While the company's 10-year median is 84.16 vs. the industry median of 49.78, TOTO 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 Construction company?
The median Days Inventory among Construction companies is 49.78, based on 1,485 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. TOTO's current Days Inventory of 90.48 is 81.8% 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 TOTO and its competitors. For the Construction industry, the median Days Inventory is 49.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOTO's current Days Inventory is 90.48, which is near median its own 10-year median of 84.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOTO stock overvalued right now?
Based on GuruFocus' analysis, TOTO (NGO:5332) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,538.60, compared to a current price of 円8,714.00 — trading 92% above its estimated fair value. The current Days Inventory is 90.48, which is near median its 10-year median of 84.16 and 81.8% above the Construction industry median of 49.78. TOTO's overall GF Score™ is 67/100 with 8 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 TOTO (NGO:5332), the current Days Inventory is 90.48 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 TOTO (NGO:5332) Overvalued in 2026?

Based on GuruFocus' analysis, TOTO stock appears to be overvalued. The current stock price of 円8,714.00 is trading 92% above its estimated GF Value™ of 円4,538.60. GuruFocus considers TOTO to be Significantly Overvalued.

Key valuation signals for NGO:5332:

  • Days Inventory: 90.48 (near median its 10-year median of 84.16)
  • GF Value™: 円4,538.60 vs. price of 円8,714.00 (92% above fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 81.8% above the Construction median (#1015 of 1485)

No single metric tells the full story. See the NGO:5332 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOTO Business Description

Address 2-1-1 Nakajima, Kokurakita Ward, Fukuoka Prefecture, Kitakyushu, JPN, 802-8601
TOTO Ltd manufactures and sells bathroom materials for maintenance, improvement, construction, and home improvement projects. The company's product portfolio includes toilets, urinals, sinks, plumbing accessories, bathtubs, unit bathrooms, faucets, drain fittings, marble counters, and electric water heaters, and others.. The firm organizes itself based on geography and operates through six business segments, which include the Japan Housing Equipment Business segment, the Mainland China Business segment, the Asia and Oceania Business segment, the Americas Business segment, the Europe Business segment, and the New field business - Ceramic business.. It generates the majority of its revenue from the Japan Housing Equipment Business segment.
67GF Score

Get the complete analysis for NGO:5332

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

円8,714.00
Price
円4,538.60
GF Value