Bull-Doguce Co (TSE:2804) Days Inventory: 39.42 (As of Mar. 2026) — 30% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:2804 Bull-Dog Sauce Co Ltd TSE:2804
66 GF Score
Price 円1,798.00
GF Value 円2,049.23
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Bull-Doguce Co Days Inventory?

Bull-Doguce Co TSE:2804 -0.17% 66 Days Inventory is 39.42 as of Mar. 2026, which is 30% above its 10-year median of 30.41. GuruFocus rates TSE:2804 with a GF Score™ of 66/100 and a GF Value™ of 円2,049.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,870 Consumer Packaged Goods companies, Bull-Doguce Co ranks better than 84.12% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Bull-Doguce Co's Average Total Inventories for the six months ended in Mar. 2026 was 円1,070 Mil. Bull-Doguce Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円4,953 Mil. Hence, Bull-Doguce Co's Days Inventory for the six months ended in Mar. 2026 was 39.42.

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

TSE:2804' s Days Inventory Range Over the Past 10 Years
Min: 25.91   Med: 30.41   Max: 51.96
Current: 38.85

During the past 13 years, Bull-Doguce Co's highest Days Inventory was 51.96. The lowest was 25.91. And the median was 30.41.

TSE:2804's Days Inventory is ranked better than
84.12% of 1870 companies
in the Consumer Packaged Goods industry
Industry Median: 82.945 vs TSE:2804: 38.85

Bull-Doguce Co's Days Inventory increased from Mar. 2025 (36.27) to Mar. 2026 (39.42). It might indicate that Bull-Doguce Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bull-Doguce Co's Inventory Turnover for the six months ended in Mar. 2026 was 4.63.

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. Bull-Doguce Co's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.15.


Bull-Doguce Co  (TSE:2804) 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.

Bull-Doguce 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.

Bull-Doguce 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.


Bull-Doguce Co Days Inventory Related Terms


Bull-Doguce Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Bull-Doguce 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.

Bull-Doguce Co Days Inventory Chart

Bull-Doguce 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 31.00 51.79 51.96 36.40 39.02

Bull-Doguce 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 45.24 34.33 36.27 38.12 39.42

TSE:2804 vs KHC, GIS: Days Inventory Comparison

For the Packaged Foods subindustry, Bull-Doguce 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.


Bull-Doguce Co Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bull-Doguce Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bull-Doguce Co's Days Inventory falls into.


TSE:2804
66GF Score
Bull-Dog Sauce Co Ltd TSE:2804
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bull-Doguce Co Days Inventory Calculation

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

Bull-Doguce 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
=( (1037.368 + 1089.701) / 2 ) / 9947.977*365
=1063.5345 / 9947.977*365
=39.02

Bull-Doguce 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
=( (1049.765 + 1089.701) / 2 ) / 4952.51*365 / 2
=1069.733 / 4952.51*365 / 2
=39.42

* 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 39.42 mean?
Bull-Doguce Co (TSE:2804) has a Days Inventory of 39.42 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Bull-Doguce Co and its competitors. This is 30% above median its historical median of 30.41. Over the past decade, Bull-Doguce Co's Days Inventory has ranged from 25.91 to 51.96. According to the industry distribution chart, Bull-Doguce Co ranks #297 out of 1870 companies in the Consumer Packaged Goods industry, placing it in the top 15.9%.
Is Bull-Doguce Co's Days Inventory too high?
Bull-Doguce Co's current Days Inventory of 39.42 is 30% above median its 10-year median of 30.41. Over the past 10 years, this metric has ranged from a low of 25.91 to a high of 51.96. The Consumer Packaged Goods industry median Days Inventory is 82.95. Bull-Doguce Co's value of 39.42 is 52.5% below this industry median. Based on the distribution chart, Bull-Doguce Co ranks #297 out of 1870 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Bull-Doguce Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bull-Doguce Co's Days Inventory compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Bull-Doguce Co ranks #297 out of 1870 companies for Days Inventory. This places Bull-Doguce Co in the top 16% of its industry — outperforming the majority of peers. The industry median Days Inventory is 82.95. Bull-Doguce Co's value of 39.42 is 52.5% below this benchmark. Historically, Bull-Doguce Co's own Days Inventory has ranged from 25.91 to 51.96 over the past decade. While the company's 10-year median is 30.41 vs. the industry median of 82.95, Bull-Doguce 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 Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.95, based on 1,870 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. Bull-Doguce Co's current Days Inventory of 39.42 is 52.5% 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 Bull-Doguce Co and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bull-Doguce Co's current Days Inventory is 39.42, which is 30% above median its own 10-year median of 30.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bull-Doguce Co stock overvalued right now?
Based on GuruFocus' analysis, Bull-Doguce Co (TSE:2804) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,049.23, compared to a current price of 円1,798.00 — trading 12.3% below its estimated fair value. The current Days Inventory is 39.42, which is 30% above median its 10-year median of 30.41 and 52.5% below the Consumer Packaged Goods industry median of 82.95. Bull-Doguce Co's overall GF Score™ is 66/100 with 5 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 Bull-Doguce Co (TSE:2804), the current Days Inventory is 39.42 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 Bull-Doguce Co (TSE:2804) Overvalued in 2026?

Based on GuruFocus' analysis, Bull-Doguce Co stock appears to be undervalued. The current stock price of 円1,798.00 is trading 12.3% below its estimated GF Value™ of 円2,049.23. GuruFocus considers Bull-Doguce Co to be Modestly Undervalued.

Key valuation signals for TSE:2804:

  • Days Inventory: 39.42 (30% above median its 10-year median of 30.41)
  • GF Value™: 円2,049.23 vs. price of 円1,798.00 (12.3% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 52.5% below the Consumer Packaged Goods median (#297 of 1870)

No single metric tells the full story. See the TSE:2804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bull-Doguce Co Business Description

Address 11-5 Kabuto-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0026
Bull-Dog Sauce Co Ltd is engaged in the business to manufacture and sale sauces and other seasonings. The product line includes - Okonomiyaki sauce, Yakisoba sauce, Takoyaki sauce, and Cooking sauce.
66GF Score

Get the complete analysis for TSE:2804

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

円1,798.00
Price
円2,049.23
GF Value