Nippon Rietec Co (TSE:1938) Days Inventory: 8.28 (As of Mar. 2026) — Near Median

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TSE:1938 Nippon Rietec Co Ltd TSE:1938
73 GF Score
Price 円2,470.00
GF Value 円1,873.12
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Nippon Rietec Co Days Inventory?

Nippon Rietec Co TSE:1938 -0.40% 73 Days Inventory is 8.28 as of Mar. 2026, which is 1% below its 10-year median of 8.38. GuruFocus rates TSE:1938 with a GF Score™ of 73/100 and a GF Value™ of 円1,873.12 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,493 Construction companies, Nippon Rietec Co ranks better than 70.73% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nippon Rietec Co's Average Total Inventories for the three months ended in Mar. 2026 was 円1,803 Mil. Nippon Rietec Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円19,872 Mil. Hence, Nippon Rietec Co's Days Inventory for the three months ended in Mar. 2026 was 8.28.

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

TSE:1938' s Days Inventory Range Over the Past 10 Years
Min: 6.38   Med: 8.38   Max: 14.7
Current: 14.7

During the past 13 years, Nippon Rietec Co's highest Days Inventory was 14.70. The lowest was 6.38. And the median was 8.38.

TSE:1938's Days Inventory is ranked better than
70.73% of 1493 companies
in the Construction industry
Industry Median: 49.26 vs TSE:1938: 14.70

Nippon Rietec Co's Days Inventory increased from Mar. 2025 (0.00) to Mar. 2026 (8.28). It might indicate that Nippon Rietec Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Rietec Co's Inventory Turnover for the three months ended in Mar. 2026 was 11.02.

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. Nippon Rietec Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.07.


Nippon Rietec Co  (TSE:1938) 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.

Nippon Rietec 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.

Nippon Rietec 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.


Nippon Rietec Co Days Inventory Related Terms


Nippon Rietec Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Nippon Rietec 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.

Nippon Rietec Co Days Inventory Chart

Nippon Rietec 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 9.23 8.38 8.25 8.44 8.82

Nippon Rietec Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 19.60 21.95 15.27 8.28 14.32

TSE:1938 vs PWR, FIX, EME: Days Inventory Comparison

For the Engineering & Construction subindustry, Nippon Rietec 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.


Nippon Rietec Co Days Inventory vs Construction Industry

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

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


TSE:1938
73GF Score
Nippon Rietec Co Ltd TSE:1938
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Rietec Co Days Inventory Calculation

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

Nippon Rietec 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
=( (1523.059 + 1427.232) / 2 ) / 61017.089*365
=1475.1455 / 61017.089*365
=8.82

Nippon Rietec 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
=( (2178.876 + 1427.232) / 2 ) / 19872.284*365 / 4
=1803.054 / 19872.284*365 / 4
=8.28

* 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 8.28 mean?
Nippon Rietec Co (TSE:1938) has a Days Inventory of 8.28 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nippon Rietec Co and its competitors. This is near median its historical median of 8.38. Over the past decade, Nippon Rietec Co's Days Inventory has ranged from 6.38 to 14.70. According to the industry distribution chart, Nippon Rietec Co ranks #437 out of 1493 companies in the Construction industry, placing it in the top 29.3%.
Is Nippon Rietec Co's Days Inventory too high?
Nippon Rietec Co's current Days Inventory of 8.28 is near median its 10-year median of 8.38. Over the past 10 years, this metric has ranged from a low of 6.38 to a high of 14.70. The Construction industry median Days Inventory is 49.26. Nippon Rietec Co's value of 8.28 is 83.2% below this industry median. Based on the distribution chart, Nippon Rietec Co ranks #437 out of 1493 companies in the Construction industry, which is above the industry midpoint. Overall, Nippon Rietec Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Rietec Co's Days Inventory compare to PWR and FIX?
According to the Construction industry distribution chart, Nippon Rietec Co ranks #437 out of 1493 companies for Days Inventory. This puts Nippon Rietec Co in the upper half of its industry. The industry median Days Inventory is 49.26. Nippon Rietec Co's value of 8.28 is 83.2% below this benchmark. Historically, Nippon Rietec Co's own Days Inventory has ranged from 6.38 to 14.70 over the past decade. While the company's 10-year median is 8.38 vs. the industry median of 49.26, Nippon Rietec 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 49.26, based on 1,493 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. Nippon Rietec Co's current Days Inventory of 8.28 is 83.2% 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 Nippon Rietec Co and its competitors. For the Construction industry, the median Days Inventory is 49.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Rietec Co's current Days Inventory is 8.28, which is near median its own 10-year median of 8.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Rietec Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Rietec Co (TSE:1938) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,873.12, compared to a current price of 円2,470.00 — trading 31.9% above its estimated fair value. The current Days Inventory is 8.28, which is near median its 10-year median of 8.38 and 83.2% below the Construction industry median of 49.26. Nippon Rietec Co's overall GF Score™ is 73/100 with 1 warning sign 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 Nippon Rietec Co (TSE:1938), the current Days Inventory is 8.28 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 Nippon Rietec Co (TSE:1938) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Rietec Co stock appears to be overvalued. The current stock price of 円2,470.00 is trading 31.9% above its estimated GF Value™ of 円1,873.12. GuruFocus considers Nippon Rietec Co to be Significantly Overvalued.

Key valuation signals for TSE:1938:

  • Days Inventory: 8.28 (near median its 10-year median of 8.38)
  • GF Value™: 円1,873.12 vs. price of 円2,470.00 (31.9% above fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 83.2% below the Construction median (#437 of 1493)

No single metric tells the full story. See the TSE:1938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Rietec Co Business Description

Address 6, Kanda Jincho-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Nippon Rietec Co Ltd manufactures and sales electrical equipment for various divisions. The company operates in four business divisions including Railway electrical equipment construction, Road equipment, Indoor and outdoor electrical equipment construction and Transmission line construction. Its product offering includes signal equipment, train line equipment, power generation equipment, electric power equipment, distribution line equipment, telecommunication equipment, road information control system, road signs, sound insulation walls, road lighting equipment, aircraft lighting equipment, disaster prevention equipment construction, sanitation equipment construction, machinery equipment facility construction, civil engineering work, and waterproofing construction.
73GF Score

Get the complete analysis for TSE:1938

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

円2,470.00
Price
円1,873.12
GF Value