Nikon (NINOY) Days Inventory: 273.93 (As of Mar. 2026) — Near Median


NINOY Nikon Corp NINOY
76 GF Score
Price $13.64
GF Value $10.39
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Nikon Days Inventory?

Nikon NINOY -2.71% 76 Days Inventory is 273.93 as of Mar. 2026, which is 5% above its 10-year median of 260.17. GuruFocus rates NINOY with a GF Score™ of 76/100 and a GF Value™ of $10.39 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 693 Travel & Leisure companies, Nikon ranks worse than 91.2% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nikon's Average Total Inventories for the three months ended in Mar. 2026 was $2,177 Mil. Nikon's Cost of Goods Sold for the three months ended in Mar. 2026 was $725 Mil. Hence, Nikon's Days Inventory for the three months ended in Mar. 2026 was 273.93.

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

NINOY' s Days Inventory Range Over the Past 10 Years
Min: 199.37   Med: 260.17   Max: 301.62
Current: 301.62

During the past 13 years, Nikon's highest Days Inventory was 301.62. The lowest was 199.37. And the median was 260.17.

NINOY's Days Inventory is ranked worse than
91.2% of 693 companies
in the Travel & Leisure industry
Industry Median: 30.86 vs NINOY: 301.62

Nikon's Days Inventory increased from Mar. 2025 (238.09) to Mar. 2026 (273.93). It might indicate that Nikon's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nikon's Inventory Turnover for the three months ended in Mar. 2026 was 0.33.

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. Nikon's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.79.


Nikon  (OTCPK:NINOY) 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.

Nikon'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.

Nikon'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.


Nikon Days Inventory Related Terms


Nikon Days Inventory Historical Data

* Premium members only.

The historical data trend for Nikon'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.

Nikon Days Inventory Chart

Nikon 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 298.29 294.34 267.13 267.57 301.32

Nikon 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 238.09 310.99 335.59 313.47 273.93

NINOY vs AS, HAS, LTH: Days Inventory Comparison

For the Leisure subindustry, Nikon'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.


Nikon Days Inventory vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Nikon's Days Inventory distribution charts can be found below:

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


NINOY
76GF Score
Nikon Corp NINOY
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikon Days Inventory Calculation

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

Nikon'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
=( (2063.182 + 2097.721) / 2 ) / 2520.136*365
=2080.4515 / 2520.136*365
=301.32

Nikon'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
=( (2255.428 + 2097.721) / 2 ) / 725.051*365 / 4
=2176.5745 / 725.051*365 / 4
=273.93

* 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 273.93 mean?
Nikon (NINOY) has a Days Inventory of 273.93 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nikon and its competitors. This is near median its historical median of 260.17. Over the past decade, Nikon's Days Inventory has ranged from 199.37 to 301.62. According to the industry distribution chart, Nikon ranks #632 out of 693 companies in the Travel & Leisure industry, placing it in the top 91.2%.
Is Nikon's Days Inventory too high?
Nikon's current Days Inventory of 273.93 is near median its 10-year median of 260.17. Over the past 10 years, this metric has ranged from a low of 199.37 to a high of 301.62. The Travel & Leisure industry median Days Inventory is 30.86. Nikon's value of 273.93 is 787.7% above this industry median. Based on the distribution chart, Nikon ranks #632 out of 693 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Nikon has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikon's Days Inventory compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Nikon ranks #632 out of 693 companies for Days Inventory. This places Nikon in the lower half of its industry. The industry median Days Inventory is 30.86. Nikon's value of 273.93 is 787.7% above this benchmark. Historically, Nikon's own Days Inventory has ranged from 199.37 to 301.62 over the past decade. While the company's 10-year median is 260.17 vs. the industry median of 30.86, Nikon 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 Travel & Leisure company?
The median Days Inventory among Travel & Leisure companies is 30.86, based on 693 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. Nikon's current Days Inventory of 273.93 is 787.7% 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 Nikon and its competitors. For the Travel & Leisure industry, the median Days Inventory is 30.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikon's current Days Inventory is 273.93, which is near median its own 10-year median of 260.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikon stock overvalued right now?
Based on GuruFocus' analysis, Nikon (NINOY) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.39, compared to a current price of $13.64 — trading 31.3% above its estimated fair value. The current Days Inventory is 273.93, which is near median its 10-year median of 260.17 and 787.7% above the Travel & Leisure industry median of 30.86. Nikon's overall GF Score™ is 76/100 with 9 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 Nikon (NINOY), the current Days Inventory is 273.93 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 Nikon (NINOY) Overvalued in 2026?

Based on GuruFocus' analysis, Nikon stock appears to be overvalued. The current stock price of $13.64 is trading 31.3% above its estimated GF Value™ of $10.39. GuruFocus considers Nikon to be Significantly Overvalued.

Key valuation signals for NINOY:

  • Days Inventory: 273.93 (near median its 10-year median of 260.17)
  • GF Value™: $10.39 vs. price of $13.64 (31.3% above fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 787.7% above the Travel & Leisure median (#632 of 693)

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


Nikon Business Description

Address 1-5-20 Nishioi, Shinagawa-ku, Tokyo, JPN, 140-8601
Nikon Corp is a Japan-based precision optics and imaging company. The group operates across five business segments: Component Business, providing industrial microscopes, measuring instruments, X-ray/CT inspection systems, optical components, and engineering services; Digital Manufacturing Business, offering metal 3D printers, encoders, digital solutions, EUV- and space-related components, and FPD photomask substrates; Healthcare Business, delivering life science, eye-care, and cell contract manufacturing solutions; Precision Machinery Business, focused on FPD and semiconductor lithography equipment; and Video Business, engaged in interchangeable-lens digital cameras, compact digital cameras, and interchangeable lenses. It generates majority of its revenue from the Video Business segment.
76GF Score

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

$13.64
Price
$10.39
GF Value