Nittoc Construction Co (TSE:1929) Days Inventory: 6.30 (As of Mar. 2026) — 36% Below Median

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TSE:1929 Nittoc Construction Co Ltd TSE:1929
75 GF Score
Price 円1,116.00
GF Value 円1,279.45
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Nittoc Construction Co Days Inventory?

Nittoc Construction Co TSE:1929 -0.27% 75 Days Inventory is 6.30 as of Mar. 2026, which is 36% below its 10-year median of 9.78. GuruFocus rates TSE:1929 with a GF Score™ of 75/100 and a GF Value™ of 円1,279.45 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,488 Construction companies, Nittoc Construction Co ranks better than 81.32% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nittoc Construction Co's Average Total Inventories for the six months ended in Mar. 2026 was 円1,277 Mil. Nittoc Construction Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円36,954 Mil. Hence, Nittoc Construction Co's Days Inventory for the six months ended in Mar. 2026 was 6.30.

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

TSE:1929' s Days Inventory Range Over the Past 10 Years
Min: 3.95   Med: 9.78   Max: 16.33
Current: 6.67

During the past 13 years, Nittoc Construction Co's highest Days Inventory was 16.33. The lowest was 3.95. And the median was 9.78.

TSE:1929's Days Inventory is ranked better than
81.32% of 1488 companies
in the Construction industry
Industry Median: 49.76 vs TSE:1929: 6.67

Nittoc Construction Co's Days Inventory declined from Mar. 2025 (7.75) to Mar. 2026 (6.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nittoc Construction Co's Inventory Turnover for the six months ended in Mar. 2026 was 28.95.

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. Nittoc Construction Co's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.03.


Nittoc Construction Co  (TSE:1929) 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.

Nittoc Construction 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.

Nittoc Construction 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.


Nittoc Construction Co Days Inventory Related Terms


Nittoc Construction Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Nittoc Construction 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.

Nittoc Construction Co Days Inventory Chart

Nittoc Construction 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 7.52 3.95 5.03 7.13 6.30

Nittoc Construction 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 6.79 8.35 7.75 7.52 6.30

TSE:1929 vs PWR, FIX, EME: Days Inventory Comparison

For the Engineering & Construction subindustry, Nittoc Construction 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.


Nittoc Construction Co Days Inventory vs Construction Industry

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

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


TSE:1929
75GF Score
Nittoc Construction Co Ltd TSE:1929
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nittoc Construction Co Days Inventory Calculation

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

Nittoc Construction 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
=( (1173 + 1172) / 2 ) / 67945*365
=1172.5 / 67945*365
=6.30

Nittoc Construction 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
=( (1381 + 1172) / 2 ) / 36954*365 / 2
=1276.5 / 36954*365 / 2
=6.30

* 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 6.30 mean?
Nittoc Construction Co (TSE:1929) has a Days Inventory of 6.30 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nittoc Construction Co and its competitors. This is 36% below median its historical median of 9.78. Over the past decade, Nittoc Construction Co's Days Inventory has ranged from 3.95 to 16.33. According to the industry distribution chart, Nittoc Construction Co ranks #278 out of 1488 companies in the Construction industry, placing it in the top 18.7%.
Is Nittoc Construction Co's Days Inventory too high?
Nittoc Construction Co's current Days Inventory of 6.30 is 36% below median its 10-year median of 9.78. Over the past 10 years, this metric has ranged from a low of 3.95 to a high of 16.33. The Construction industry median Days Inventory is 49.76. Nittoc Construction Co's value of 6.30 is 87.3% below this industry median. Based on the distribution chart, Nittoc Construction Co ranks #278 out of 1488 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nittoc Construction Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nittoc Construction Co's Days Inventory compare to PWR and FIX?
According to the Construction industry distribution chart, Nittoc Construction Co ranks #278 out of 1488 companies for Days Inventory. This places Nittoc Construction Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Inventory is 49.76. Nittoc Construction Co's value of 6.30 is 87.3% below this benchmark. Historically, Nittoc Construction Co's own Days Inventory has ranged from 3.95 to 16.33 over the past decade. While the company's 10-year median is 9.78 vs. the industry median of 49.76, Nittoc Construction 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 a Construction company?
The median Days Inventory among Construction companies is 49.76, based on 1,488 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. Nittoc Construction Co's current Days Inventory of 6.30 is 87.3% 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 Nittoc Construction Co and its competitors. For the Construction industry, the median Days Inventory is 49.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoc Construction Co's current Days Inventory is 6.30, which is 36% below median its own 10-year median of 9.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoc Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Nittoc Construction Co (TSE:1929) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,279.45, compared to a current price of 円1,116.00 — trading 12.8% below its estimated fair value. The current Days Inventory is 6.30, which is 36% below median its 10-year median of 9.78 and 87.3% below the Construction industry median of 49.76. Nittoc Construction Co's overall GF Score™ is 75/100 with 2 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 Nittoc Construction Co (TSE:1929), the current Days Inventory is 6.30 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 Nittoc Construction Co (TSE:1929) Overvalued in 2026?

Based on GuruFocus' analysis, Nittoc Construction Co stock appears to be undervalued. The current stock price of 円1,116.00 is trading 12.8% below its estimated GF Value™ of 円1,279.45. GuruFocus considers Nittoc Construction Co to be Modestly Undervalued.

Key valuation signals for TSE:1929:

  • Days Inventory: 6.30 (36% below median its 10-year median of 9.78)
  • GF Value™: 円1,279.45 vs. price of 円1,116.00 (12.8% below fair value)
  • GF Score™: 75/100 with 2 warning signs
  • Industry Position: 87.3% below the Construction median (#278 of 1488)

No single metric tells the full story. See the TSE:1929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittoc Construction Co Business Description

Address 10-6, 3-Chome, Higashi-nihonbashi, Daiwa Higashi-nihonbashi Building, 4th Floor 5th Floor 6th Floor, Chuo-ku, Tokyo, JPN, 103-0004
Nittoc Construction Co Ltd is engaged in the construction business as well as several other business activities such as sales of merchandise and materials. Its services include Revegetation Works, Temporary Anchoring Works, Riverbank and Shoreline Embankment Protection, Slope Stabilization and Vegetation Works, Slope Protection, Landslide Mitigation Works, Rock Slope Failure Prevention, Ground Anchors and Anchored Systems, Retaining Walls Construction, and Structural Diagnostics.
75GF Score

Get the complete analysis for TSE:1929

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

円1,116.00
Price
円1,279.45
GF Value