ASJ (TSE:2351) Days Inventory: 24.55 (As of Mar. 2026) — 47% Above Median

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TSE:2351 ASJ Inc TSE:2351
60 GF Score
Price 円346.00
GF Value 円390.30
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is ASJ Days Inventory?

ASJ TSE:2351 -2.81% 60 Days Inventory is 24.55 as of Mar. 2026, which is 47% above its 10-year median of 16.65. GuruFocus rates TSE:2351 with a GF Score™ of 60/100 and a GF Value™ of 円390.30 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,654 Software companies, ASJ ranks worse than 53.51% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). ASJ's Average Total Inventories for the six months ended in Mar. 2026 was 円116 Mil. ASJ's Cost of Goods Sold for the six months ended in Mar. 2026 was 円863 Mil. Hence, ASJ's Days Inventory for the six months ended in Mar. 2026 was 24.55.

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

TSE:2351' s Days Inventory Range Over the Past 10 Years
Min: 12.91   Med: 16.65   Max: 24.41
Current: 24.41

During the past 13 years, ASJ's highest Days Inventory was 24.41. The lowest was 12.91. And the median was 16.65.

TSE:2351's Days Inventory is ranked worse than
53.51% of 1654 companies
in the Software industry
Industry Median: 20.375 vs TSE:2351: 24.41

ASJ's Days Inventory declined from Mar. 2025 (24.59) to Mar. 2026 (24.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. ASJ's Inventory Turnover for the six months ended in Mar. 2026 was 7.44.

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. ASJ's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.08.


ASJ  (TSE:2351) 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.

ASJ'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.

ASJ'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.


ASJ Days Inventory Related Terms


ASJ Days Inventory Historical Data

* Premium members only.

The historical data trend for ASJ'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.

ASJ Days Inventory Chart

ASJ 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 16.17 15.12 17.13 21.78 22.72

ASJ 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 23.24 26.20 24.59 26.04 24.55

TSE:2351 vs MSFT, ORCL, PLTR: Days Inventory Comparison

For the Software - Infrastructure subindustry, ASJ'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.


ASJ Days Inventory vs Software Industry

For the Software industry and Technology sector, ASJ's Days Inventory distribution charts can be found below:

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


TSE:2351
60GF Score
ASJ Inc TSE:2351
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASJ Days Inventory Calculation

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

ASJ'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
=( (98.679 + 106.497) / 2 ) / 1648.407*365
=102.588 / 1648.407*365
=22.72

ASJ'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
=( (125.543 + 106.497) / 2 ) / 862.633*365 / 2
=116.02 / 862.633*365 / 2
=24.55

* 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 24.55 mean?
ASJ (TSE:2351) has a Days Inventory of 24.55 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on ASJ and its competitors. This is 47% above median its historical median of 16.65. Over the past decade, ASJ's Days Inventory has ranged from 12.91 to 24.41. According to the industry distribution chart, ASJ ranks #885 out of 1654 companies in the Software industry, placing it in the top 53.5%.
Is ASJ's Days Inventory too high?
ASJ's current Days Inventory of 24.55 is 47% above median its 10-year median of 16.65. Over the past 10 years, this metric has ranged from a low of 12.91 to a high of 24.41. The Software industry median Days Inventory is 20.38. ASJ's value of 24.55 is 20.5% above this industry median. Based on the distribution chart, ASJ ranks #885 out of 1654 companies in the Software industry, which is below the industry midpoint. Overall, ASJ has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASJ's Days Inventory compare to MSFT and ORCL?
According to the Software industry distribution chart, ASJ ranks #885 out of 1654 companies for Days Inventory. This places ASJ in the lower half of its industry. The industry median Days Inventory is 20.38. ASJ's value of 24.55 is 20.5% above this benchmark. Historically, ASJ's own Days Inventory has ranged from 12.91 to 24.41 over the past decade. While the company's 10-year median is 16.65 vs. the industry median of 20.38, ASJ 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 Software company?
The median Days Inventory among Software companies is 20.38, based on 1,654 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. ASJ's current Days Inventory of 24.55 is 20.5% 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 ASJ and its competitors. For the Software industry, the median Days Inventory is 20.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASJ's current Days Inventory is 24.55, which is 47% above median its own 10-year median of 16.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASJ stock overvalued right now?
Based on GuruFocus' analysis, ASJ (TSE:2351) is currently considered Modestly Undervalued. The stock's GF Value™ is 円390.30, compared to a current price of 円346.00 — trading 11.4% below its estimated fair value. The current Days Inventory is 24.55, which is 47% above median its 10-year median of 16.65 and 20.5% above the Software industry median of 20.38. ASJ's overall GF Score™ is 60/100 with 3 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 ASJ (TSE:2351), the current Days Inventory is 24.55 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 ASJ (TSE:2351) Overvalued in 2026?

Based on GuruFocus' analysis, ASJ stock appears to be undervalued. The current stock price of 円346.00 is trading 11.4% below its estimated GF Value™ of 円390.30. GuruFocus considers ASJ to be Modestly Undervalued.

Key valuation signals for TSE:2351:

  • Days Inventory: 24.55 (47% above median its 10-year median of 16.65)
  • GF Value™: 円390.30 vs. price of 円346.00 (11.4% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 20.5% above the Software median (#885 of 1654)

No single metric tells the full story. See the TSE:2351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ASJ Business Description

Other Exchanges 2351:Japan
Address 3-2-16 Sakaemachi, Saitama Prefecture, Kawaguchi, JPN, 332-0017
ASJ Inc is a core services provider company. It is engaged in Internet-related services such as hosting service and provision of groupware and domain service. Its business activities include cloud services, payment service, consulting on the Internet and development of computer software and smartphone applications.
60GF Score

Get the complete analysis for TSE:2351

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

円346.00
Price
円390.30
GF Value