MorinagaTSE:2201 -1.85%85 Days Inventory is 107.63 as of Mar. 2026, which is 47% above its 10-year median of 73.15. GuruFocus rates TSE:2201 with a GF Score™ of 85/100 and a GF Value™ of 円3,103.58 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,862 Consumer Packaged Goods companies, Morinaga ranks worse than 61.22% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Morinaga's Average Total Inventories for the
three
months ended in Mar. 2026 was 円39,629 Mil. Morinaga's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円33,599 Mil.
Hence, Morinaga's Days Inventory for the
three
months ended in Mar. 2026 was 107.63.
The historical rank and industry rank for Morinaga's Days Inventory or its related term are showing as below:
TSE:2201'
s Days Inventory Range Over the Past 10 Years
Min: 55.89 Med: 73.15 Max: 101.28
Current: 101.28
During the past 13 years, Morinaga's highest Days Inventory was 101.28. The lowest was 55.89. And the median was 73.15.
TSE:2201's Days Inventory is ranked worse than 61.22% of 1862
companies
in the Consumer Packaged Goods industry
Industry Median: 82.755
vs TSE:2201: 101.28
Morinaga's Days Inventory
increased
from Mar. 2025 (99.02) to Mar. 2026 (107.63).
It might indicate that Morinaga's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Morinaga's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.85.
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.
Morinaga's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.72.
Morinaga (TSE:2201) 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.
Morinaga'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.
Morinaga'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.
Morinaga Days Inventory Related Terms
Morinaga Days Inventory Historical Data
* Premium members only.
The historical data trend for Morinaga'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.
TSE:2201 vs MDLZ, HSY, TR: Days Inventory Comparison
For the Confectioners subindustry, Morinaga'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.
Morinaga Days Inventory vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga's Days Inventory distribution charts can be found below:
* The bar in red indicates where Morinaga's Days Inventory falls into.
* 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.
Morinaga (TSE:2201) has a Days Inventory of 107.63 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Morinaga and its competitors. This is 47% above median its historical median of 73.15. Over the past decade, Morinaga's Days Inventory has ranged from 55.89 to 101.28. According to the industry distribution chart, Morinaga ranks #1140 out of 1862 companies in the Consumer Packaged Goods industry, placing it in the top 61.2%.
Is Morinaga's Days Inventory too high?
Morinaga's current Days Inventory of 107.63 is 47% above median its 10-year median of 73.15. Over the past 10 years, this metric has ranged from a low of 55.89 to a high of 101.28. The Consumer Packaged Goods industry median Days Inventory is 82.76. Morinaga's value of 107.63 is 30.1% above this industry median. Based on the distribution chart, Morinaga ranks #1140 out of 1862 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Morinaga has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga's Days Inventory compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Morinaga ranks #1140 out of 1862 companies for Days Inventory. This places Morinaga in the lower half of its industry. The industry median Days Inventory is 82.76. Morinaga's value of 107.63 is 30.1% above this benchmark. Historically, Morinaga's own Days Inventory has ranged from 55.89 to 101.28 over the past decade. While the company's 10-year median is 73.15 vs. the industry median of 82.76, Morinaga 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 Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.76, based on 1,862 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. Morinaga's current Days Inventory of 107.63 is 30.1% 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 Morinaga and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morinaga's current Days Inventory is 107.63, which is 47% above median its own 10-year median of 73.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga stock overvalued right now?
Based on GuruFocus' analysis, Morinaga (TSE:2201) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,103.58, compared to a current price of 円2,656.00 — trading 14.4% below its estimated fair value. The current Days Inventory is 107.63, which is 47% above median its 10-year median of 73.15 and 30.1% above the Consumer Packaged Goods industry median of 82.76. Morinaga's overall GF Score™ is 85/100 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 Morinaga (TSE:2201), the current Days Inventory is 107.63 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 Morinaga (TSE:2201) Overvalued in 2026?
Based on GuruFocus' analysis, Morinaga stock appears to be undervalued.
The current stock price of 円2,656.00 is trading 14.4% below its estimated GF Value™ of 円3,103.58.
GuruFocus considers Morinaga to be Modestly Undervalued.
Key valuation signals for TSE:2201:
Days Inventory: 107.63 (47% above median its 10-year median of 73.15)
GF Value™: 円3,103.58 vs. price of 円2,656.00 (14.4% below fair value)
Industry Position: 30.1% above the Consumer Packaged Goods median (#1140 of 1862)
No single metric tells the full story. See the TSE:2201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morinaga & Co Ltd is a Japan-based confectionery company. It has developed a diverse range of confectionery products, canned soft drinks and ice cream that are delicious, fun, and healthy. The company's products are divided into five main divisions, Confectioneries, Foods, Frozen Desserts, Weider, and Healthcare. Confectionaries include Morinaga Biscuits, Chocoball chocolate, Dars chocolate, Koeda chocolate, and HI-CHEW candy. Foods include Morinaga Cocoa; Frozen Desserts include Choco Monaka Jumbo; Weider products include Weider in Jelly; and Healthcare products include Seisho-sabo, Kenpo-shukan, and Collagen drink.
85GF Score
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