NHBAF (Nichiban Co) Days Inventory: 97.54 (As of Mar. 2026) — Near Median


NHBAF Nichiban Co Ltd NHBAF
73 GF Score
Price $12.70
GF Value $13.89
! 4 Warning Signs
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What is Nichiban Co Days Inventory?

Nichiban Co NHBAF 73 Days Inventory is 97.54 as of Mar. 2026, which is 4% above its 10-year median of 93.90. GuruFocus rates NHBAF with a GF Score™ of 73/100 and a GF Value™ of $13.89. The stock has 4 warning signs investors should review. Among 2,967 Industrial Products companies, Nichiban Co ranks better than 59.93% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nichiban Co's Average Total Inventories for the three months ended in Mar. 2026 was $60.6 Mil. Nichiban Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $56.7 Mil. Hence, Nichiban Co's Days Inventory for the three months ended in Mar. 2026 was 97.54.

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

NHBAF' s Days Inventory Range Over the Past 10 Years
Min: 78.69   Med: 93.9   Max: 102.13
Current: 100.87

During the past 13 years, Nichiban Co's highest Days Inventory was 102.13. The lowest was 78.69. And the median was 93.90.

NHBAF's Days Inventory is ranked better than
59.93% of 2967 companies
in the Industrial Products industry
Industry Median: 119.47 vs NHBAF: 100.87

Nichiban Co's Days Inventory increased from Mar. 2025 (97.52) to Mar. 2026 (97.54). It might indicate that Nichiban Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nichiban Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.94.

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. Nichiban Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.76.


Nichiban Co  (OTCPK:NHBAF) 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.

Nichiban Co'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.

Nichiban Co'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.


Nichiban Co Days Inventory Related Terms


Nichiban Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Nichiban 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.

Nichiban Co Days Inventory Chart

Nichiban 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 93.95 96.53 105.46 98.74 99.79

Nichiban Co 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 97.52 107.35 108.97 98.18 97.54

Nichiban Co Days Inventory Competitor Comparison

For the Business Equipment & Supplies subindustry, Nichiban 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.


Nichiban Co Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nichiban Co's Days Inventory distribution charts can be found below:

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


NHBAF
73GF Score
Nichiban Co Ltd NHBAF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Nichiban Co Days Inventory Calculation

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

Nichiban 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
=( (63.506 + 58.626) / 2 ) / 223.37*365
=61.066 / 223.37*365
=99.79

Nichiban 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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (62.553 + 58.626) / 2 ) / 56.685*365 / 4
=60.5895 / 56.685*365 / 4
=97.54

* 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 97.54 mean?
Nichiban Co (NHBAF) has a Days Inventory of 97.54 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nichiban Co and its competitors. This is near median its historical median of 93.90. Over the past decade, Nichiban Co's Days Inventory has ranged from 78.69 to 102.13. According to the industry distribution chart, Nichiban Co ranks #1189 out of 2967 companies in the Industrial Products industry, placing it in the top 40.1%.
Is Nichiban Co's Days Inventory too high?
Nichiban Co's current Days Inventory of 97.54 is near median its 10-year median of 93.90. Over the past 10 years, this metric has ranged from a low of 78.69 to a high of 102.13. The Industrial Products industry median Days Inventory is 119.47. Nichiban Co's value of 97.54 is 18.4% below this industry median. Based on the distribution chart, Nichiban Co ranks #1189 out of 2967 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nichiban Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Nichiban Co's Days Inventory compare to competitors?
According to the Industrial Products industry distribution chart, Nichiban Co ranks #1189 out of 2967 companies for Days Inventory. This puts Nichiban Co in the upper half of its industry. The industry median Days Inventory is 119.47. Nichiban Co's value of 97.54 is 18.4% below this benchmark. Historically, Nichiban Co's own Days Inventory has ranged from 78.69 to 102.13 over the past decade. While the company's 10-year median is 93.90 vs. the industry median of 119.47, Nichiban 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,967 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. Nichiban Co's current Days Inventory of 97.54 is 18.4% 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 Nichiban Co and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichiban Co's current Days Inventory is 97.54, which is near median its own 10-year median of 93.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichiban Co stock overvalued right now?
Nichiban Co (NHBAF) has a current Days Inventory of 97.54. The stock's GF Value™ is $13.89, compared to a current price of $12.70 — trading 8.6% below its estimated fair value. The current Days Inventory is 97.54, which is near median its 10-year median of 93.90 and 18.4% below the Industrial Products industry median of 119.47. Nichiban Co's overall GF Score™ is 73/100 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 Nichiban Co (NHBAF), the current Days Inventory is 97.54 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 Nichiban Co (NHBAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nichiban Co stock appears to be undervalued. The current stock price of $12.70 is trading 8.6% below its estimated GF Value™ of $13.89.

Key valuation signals for NHBAF:

  • Days Inventory: 97.54 (near median its 10-year median of 93.90)
  • GF Value™: $13.89 vs. price of $12.70 (8.6% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 18.4% below the Industrial Products median (#1189 of 2967)

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


Nichiban Co Business Description

Other Exchanges 4218:Japan
Address 2-3-3, Sekiguchi, Bunkyo-ku, Tokyo, JPN, 112-8663
Nichiban Co Ltd is a Japan based company engaged in the business of manufacturing and selling products in the field of medical supplies, healthcare, industrial products and industrial products. It offers hemostatic solutions, wound care dressing and surgical tapes, industrial products for manufacturing and distribution and automotive industry, stationery products, TDS pharmaceutical pain relief plaster and foot care products, sports medical battlewin taping tape and first aid bandage.
73GF Score

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

$12.70
Price
$13.89
GF Value