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Inventory Turnover measures how fast the company turns over its inventory within a year.
Meiji Electric Industries Co's Inventory Turnover for the
six
months ended in Mar. 2026 was 6.13.
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.
Meiji Electric Industries Co's Inventory-to-Revenue for the
six
months ended in Mar. 2026 was 0.14.
Meiji Electric Industries Co (TSE:3388) 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.
Meiji Electric Industries 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.
Meiji Electric Industries 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.
Meiji Electric Industries Co Days Inventory Related Terms
Meiji Electric Industries Co Days Inventory Historical Data
* 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:3388 vs COHR, KEYS, GRMN: Days Inventory Comparison
For the Scientific & Technical Instruments subindustry, Meiji Electric Industries 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.
Meiji Electric Industries Co Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, Meiji Electric Industries Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Meiji Electric Industries Co'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.
Meiji Electric Industries Co (TSE:3388) has a Days Inventory of 29.79 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Meiji Electric Industries Co and its competitors. This is 22% above median its historical median of 24.51. Over the past decade, Meiji Electric Industries Co's Days Inventory has ranged from 19.75 to 39.20. According to the industry distribution chart, Meiji Electric Industries Co ranks #216 out of 2419 companies in the Hardware industry, placing it in the top 8.9%.
Is Meiji Electric Industries Co's Days Inventory too high?
Meiji Electric Industries Co's current Days Inventory of 29.79 is 22% above median its 10-year median of 24.51. Over the past 10 years, this metric has ranged from a low of 19.75 to a high of 39.20. The Hardware industry median Days Inventory is 94.24. Meiji Electric Industries Co's value of 29.79 is 68.4% below this industry median. Based on the distribution chart, Meiji Electric Industries Co ranks #216 out of 2419 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Meiji Electric Industries Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiji Electric Industries Co's Days Inventory compare to COHR and KEYS?
According to the Hardware industry distribution chart, Meiji Electric Industries Co ranks #216 out of 2419 companies for Days Inventory. This places Meiji Electric Industries Co in the top 9% of its industry — outperforming the majority of peers. The industry median Days Inventory is 94.24. Meiji Electric Industries Co's value of 29.79 is 68.4% below this benchmark. Historically, Meiji Electric Industries Co's own Days Inventory has ranged from 19.75 to 39.20 over the past decade. While the company's 10-year median is 24.51 vs. the industry median of 94.24, Meiji Electric Industries 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 Hardware company?
The median Days Inventory among Hardware companies is 94.24, based on 2,419 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. Meiji Electric Industries Co's current Days Inventory of 29.79 is 68.4% 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 Meiji Electric Industries Co and its competitors. For the Hardware industry, the median Days Inventory is 94.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiji Electric Industries Co's current Days Inventory is 29.79, which is 22% above median its own 10-year median of 24.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiji Electric Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Meiji Electric Industries Co (TSE:3388) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,592.18, compared to a current price of 円2,224.00 — trading 39.7% above its estimated fair value. The current Days Inventory is 29.79, which is 22% above median its 10-year median of 24.51 and 68.4% below the Hardware industry median of 94.24. Meiji Electric Industries Co's overall GF Score™ is 69/100 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 Meiji Electric Industries Co (TSE:3388), the current Days Inventory is 29.79 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 Meiji Electric Industries Co (TSE:3388) Overvalued in 2026?
Based on GuruFocus' analysis, Meiji Electric Industries Co stock appears to be overvalued.
The current stock price of 円2,224.00 is trading 39.7% above its estimated GF Value™ of 円1,592.18.
GuruFocus considers Meiji Electric Industries Co to be Significantly Overvalued.
Key valuation signals for TSE:3388:
Days Inventory: 29.79 (22% above median its 10-year median of 24.51)
GF Value™: 円1,592.18 vs. price of 円2,224.00 (39.7% above fair value)
Industry Position: 68.4% below the Hardware median (#216 of 2419)
No single metric tells the full story. See the TSE:3388 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiji Electric Industries Co Ltd is a distributor of factory automation components. It also sells functional parts for electric equipment and automatic power saving electrical appliances and instruments.
69GF Score
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