Choei (TSE:2993) Days Inventory: 4.02 (As of Mar. 2026) — 91% Above Median


TSE:2993 Choei Inc TSE:2993
64 GF Score
Price 円2,152.00
GF Value 円2,472.66
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Choei Days Inventory?

Choei TSE:2993 +0.33% 64 Days Inventory is 4.02 as of Mar. 2026, which is 91% above its 10-year median of 2.11. GuruFocus rates TSE:2993 with a GF Score™ of 64/100 and a GF Value™ of 円2,472.66 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,320 Real Estate companies, Choei ranks better than 95% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Choei's Average Total Inventories for the six months ended in Mar. 2026 was 円85 Mil. Choei's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,876 Mil. Hence, Choei's Days Inventory for the six months ended in Mar. 2026 was 4.02.

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

TSE:2993' s Days Inventory Range Over the Past 10 Years
Min: 1.03   Med: 2.11   Max: 3.37
Current: 3.37

During the past 7 years, Choei's highest Days Inventory was 3.37. The lowest was 1.03. And the median was 2.11.

TSE:2993's Days Inventory is ranked better than
95% of 1320 companies
in the Real Estate industry
Industry Median: 692.15 vs TSE:2993: 3.37

Choei's Days Inventory increased from Mar. 2025 (2.38) to Mar. 2026 (4.02). It might indicate that Choei's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Choei's Inventory Turnover for the six months ended in Mar. 2026 was 45.37.

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. Choei's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.01.


Choei  (TSE:2993) 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.

Choei'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.

Choei'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.


Choei Days Inventory Related Terms


Choei Days Inventory Historical Data

* Premium members only.

The historical data trend for Choei'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.

Choei Days Inventory Chart

Choei Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial 1.95 3.28 3.10 2.11 2.74

Choei Semi-Annual Data
Mar20 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 2.49 2.88 2.38 3.32 4.02

TSE:2993 vs CBRE, BEKE, JLL: Days Inventory Comparison

For the Real Estate Services subindustry, Choei'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.


Choei Days Inventory vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Choei's Days Inventory distribution charts can be found below:

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


TSE:2993
64GF Score
Choei Inc TSE:2993
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Choei Days Inventory Calculation

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

Choei'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
=( (34.153 + 76.937) / 2 ) / 7393.06*365
=55.545 / 7393.06*365
=2.74

Choei'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
=( (93.92 + 76.937) / 2 ) / 3876.049*365 / 2
=85.4285 / 3876.049*365 / 2
=4.02

* 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 4.02 mean?
Choei (TSE:2993) has a Days Inventory of 4.02 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Choei and its competitors. This is 91% above median its historical median of 2.11. Over the past decade, Choei's Days Inventory has ranged from 1.03 to 3.37. According to the industry distribution chart, Choei ranks #66 out of 1320 companies in the Real Estate industry, placing it in the top 5%.
Is Choei's Days Inventory too high?
Choei's current Days Inventory of 4.02 is 91% above median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 3.37. The Real Estate industry median Days Inventory is 692.15. Choei's value of 4.02 is 99.4% below this industry median. Based on the distribution chart, Choei ranks #66 out of 1320 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Choei has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choei's Days Inventory compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Choei ranks #66 out of 1320 companies for Days Inventory. This places Choei in the top 5% of its industry — outperforming the majority of peers. The industry median Days Inventory is 692.15. Choei's value of 4.02 is 99.4% below this benchmark. Historically, Choei's own Days Inventory has ranged from 1.03 to 3.37 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 692.15, Choei 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 Real Estate company?
The median Days Inventory among Real Estate companies is 692.15, based on 1,320 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. Choei's current Days Inventory of 4.02 is 99.4% 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 Choei and its competitors. For the Real Estate industry, the median Days Inventory is 692.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choei's current Days Inventory is 4.02, which is 91% above median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choei stock overvalued right now?
Based on GuruFocus' analysis, Choei (TSE:2993) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,472.66, compared to a current price of 円2,152.00 — trading 13% below its estimated fair value. The current Days Inventory is 4.02, which is 91% above median its 10-year median of 2.11 and 99.4% below the Real Estate industry median of 692.15. Choei's overall GF Score™ is 64/100 with 6 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 Choei (TSE:2993), the current Days Inventory is 4.02 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 Choei (TSE:2993) Overvalued in 2026?

Based on GuruFocus' analysis, Choei stock appears to be undervalued. The current stock price of 円2,152.00 is trading 13% below its estimated GF Value™ of 円2,472.66. GuruFocus considers Choei to be Modestly Undervalued.

Key valuation signals for TSE:2993:

  • Days Inventory: 4.02 (91% above median its 10-year median of 2.11)
  • GF Value™: 円2,472.66 vs. price of 円2,152.00 (13% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 99.4% below the Real Estate median (#66 of 1320)

No single metric tells the full story. See the TSE:2993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Choei Business Description

Address 70 Fukakusa Nishiuracho 3-chome, 5th Choei Astro Building, Fushimi-ku, Kyoto, JPN
Choei Inc is engaged in the real estate management and real estate rental businesses. The real estate management business provides necessary services for rental property management, such as building maintenance, renovation work, and rental brokerage (leasing), in addition to tenant management, and the real estate rental business mainly handles the rental of its properties and subleased properties. The company's reportable segments are Property Rental Business, which generates the maximum revenue, and the Property Management Business.
64GF Score

Get the complete analysis for TSE:2993

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

円2,152.00
Price
円2,472.66
GF Value