Toa Road (TSE:1882) Days Inventory: 19.13 (As of Mar. 2026) — 30% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

TSE:1882 Toa Road Corp TSE:1882
67 GF Score
Price 円1,599.00
GF Value 円1,407.75
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Toa Road Days Inventory?

Toa Road TSE:1882 -0.31% 67 Days Inventory is 19.13 as of Mar. 2026, which is 30% below its 10-year median of 27.44. GuruFocus rates TSE:1882 with a GF Score™ of 67/100 and a GF Value™ of 円1,407.75 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,489 Construction companies, Toa Road ranks better than 66.42% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Toa Road's Average Total Inventories for the six months ended in Mar. 2026 was 円6,302 Mil. Toa Road's Cost of Goods Sold for the six months ended in Mar. 2026 was 円60,126 Mil. Hence, Toa Road's Days Inventory for the six months ended in Mar. 2026 was 19.13.

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

TSE:1882' s Days Inventory Range Over the Past 10 Years
Min: 15.28   Med: 27.44   Max: 44.04
Current: 19.54

During the past 13 years, Toa Road's highest Days Inventory was 44.04. The lowest was 15.28. And the median was 27.44.

TSE:1882's Days Inventory is ranked better than
66.42% of 1489 companies
in the Construction industry
Industry Median: 49.78 vs TSE:1882: 19.54

Toa Road's Days Inventory increased from Mar. 2025 (15.41) to Mar. 2026 (19.13). It might indicate that Toa Road's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Toa Road's Inventory Turnover for the six months ended in Mar. 2026 was 9.54.

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. Toa Road's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.09.


Toa Road  (TSE:1882) 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.

Toa Road'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.

Toa Road'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.


Toa Road Days Inventory Related Terms


Toa Road Days Inventory Historical Data

* Premium members only.

The historical data trend for Toa Road'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.

Toa Road Days Inventory Chart

Toa Road 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 21.11 15.28 17.62 16.13 16.57

Toa Road 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 18.93 21.44 15.41 23.48 19.13

TSE:1882 vs PWR, FIX, EME: Days Inventory Comparison

For the Engineering & Construction subindustry, Toa Road'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.


Toa Road Days Inventory vs Construction Industry

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

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


TSE:1882
67GF Score
Toa Road Corp TSE:1882
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toa Road Days Inventory Calculation

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

Toa Road'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
=( (4552 + 5147) / 2 ) / 106802*365
=4849.5 / 106802*365
=16.57

Toa Road'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
=( (7457 + 5147) / 2 ) / 60126*365 / 2
=6302 / 60126*365 / 2
=19.13

* 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 19.13 mean?
Toa Road (TSE:1882) has a Days Inventory of 19.13 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Toa Road and its competitors. This is 30% below median its historical median of 27.44. Over the past decade, Toa Road's Days Inventory has ranged from 15.28 to 44.04. According to the industry distribution chart, Toa Road ranks #500 out of 1489 companies in the Construction industry, placing it in the top 33.6%.
Is Toa Road's Days Inventory too high?
Toa Road's current Days Inventory of 19.13 is 30% below median its 10-year median of 27.44. Over the past 10 years, this metric has ranged from a low of 15.28 to a high of 44.04. The Construction industry median Days Inventory is 49.78. Toa Road's value of 19.13 is 61.6% below this industry median. Based on the distribution chart, Toa Road ranks #500 out of 1489 companies in the Construction industry, which is above the industry midpoint. Overall, Toa Road has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toa Road's Days Inventory compare to PWR and FIX?
According to the Construction industry distribution chart, Toa Road ranks #500 out of 1489 companies for Days Inventory. This puts Toa Road in the upper half of its industry. The industry median Days Inventory is 49.78. Toa Road's value of 19.13 is 61.6% below this benchmark. Historically, Toa Road's own Days Inventory has ranged from 15.28 to 44.04 over the past decade. While the company's 10-year median is 27.44 vs. the industry median of 49.78, Toa Road 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 a Construction company?
The median Days Inventory among Construction companies is 49.78, based on 1,489 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. Toa Road's current Days Inventory of 19.13 is 61.6% 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 Toa Road 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. Toa Road's current Days Inventory is 19.13, which is 30% below median its own 10-year median of 27.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toa Road stock overvalued right now?
Based on GuruFocus' analysis, Toa Road (TSE:1882) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,407.75, compared to a current price of 円1,599.00 — trading 13.6% above its estimated fair value. The current Days Inventory is 19.13, which is 30% below median its 10-year median of 27.44 and 61.6% below the Construction industry median of 49.78. Toa Road's overall GF Score™ is 67/100 with 6 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 Toa Road (TSE:1882), the current Days Inventory is 19.13 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 Toa Road (TSE:1882) Overvalued in 2026?

Based on GuruFocus' analysis, Toa Road stock appears to be overvalued. The current stock price of 円1,599.00 is trading 13.6% above its estimated GF Value™ of 円1,407.75. GuruFocus considers Toa Road to be Modestly Overvalued.

Key valuation signals for TSE:1882:

  • Days Inventory: 19.13 (30% below median its 10-year median of 27.44)
  • GF Value™: 円1,407.75 vs. price of 円1,599.00 (13.6% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 61.6% below the Construction median (#500 of 1489)

No single metric tells the full story. See the TSE:1882 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toa Road Business Description

Address 7-3-7 Roppongi, Tokyo, Minato City, JPN, 106-0032
Toa Road Corp provides construction services. It is focused on constructing road networks and transportation infrastructure including expressways and national roads. The company also develops and sells asphalt products and provides environmental solutions and consultancy services like road maintenance plans that integrate pavement maintenance techniques with asset management.
67GF Score

Get the complete analysis for TSE:1882

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

円1,599.00
Price
円1,407.75
GF Value