Ichikawa Co (TSE:3513) Days Inventory: 155.84 (As of Mar. 2026) — Near Median


TSE:3513 Ichikawa Co Ltd TSE:3513
49 GF Score
Price 円3,650.00
GF Value 円1,961.46
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Ichikawa Co Days Inventory?

Ichikawa Co TSE:3513 +1.11% 49 Days Inventory is 155.84 as of Mar. 2026, which is 3% below its 10-year median of 161.32. GuruFocus rates TSE:3513 with a GF Score™ of 49/100 and a GF Value™ of 円1,961.46 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 271 Forest Products companies, Ichikawa Co ranks worse than 81.55% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ichikawa Co's Average Total Inventories for the three months ended in Mar. 2026 was 円3,677 Mil. Ichikawa Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円2,153 Mil. Hence, Ichikawa Co's Days Inventory for the three months ended in Mar. 2026 was 155.84.

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

TSE:3513' s Days Inventory Range Over the Past 10 Years
Min: 152.54   Med: 161.32   Max: 170.65
Current: 164.38

During the past 13 years, Ichikawa Co's highest Days Inventory was 170.65. The lowest was 152.54. And the median was 161.32.

TSE:3513's Days Inventory is ranked worse than
81.55% of 271 companies
in the Forest Products industry
Industry Median: 89.94 vs TSE:3513: 164.38

Ichikawa Co's Days Inventory declined from Mar. 2025 (171.02) to Mar. 2026 (155.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ichikawa Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.59.

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. Ichikawa Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.93.


Ichikawa Co  (TSE:3513) 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.

Ichikawa Co'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.

Ichikawa Co'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.


Ichikawa Co Days Inventory Related Terms


Ichikawa Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Ichikawa 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.

Ichikawa Co Days Inventory Chart

Ichikawa 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 157.47 154.35 170.65 167.66 164.43

Ichikawa Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 171.02 169.84 158.97 174.33 155.84

Ichikawa Co Days Inventory Competitor Comparison

For the Paper & Paper Products subindustry, Ichikawa 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.


Ichikawa Co Days Inventory vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ichikawa Co's Days Inventory distribution charts can be found below:

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


TSE:3513
49GF Score
Ichikawa Co Ltd TSE:3513
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ichikawa Co Days Inventory Calculation

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

Ichikawa 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
=( (3581 + 3690) / 2 ) / 8070*365
=3635.5 / 8070*365
=164.43

Ichikawa 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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3664 + 3690) / 2 ) / 2153*365 / 4
=3677 / 2153*365 / 4
=155.84

* 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 155.84 mean?
Ichikawa Co (TSE:3513) has a Days Inventory of 155.84 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ichikawa Co and its competitors. This is near median its historical median of 161.32. Over the past decade, Ichikawa Co's Days Inventory has ranged from 152.54 to 170.65. According to the industry distribution chart, Ichikawa Co ranks #221 out of 271 companies in the Forest Products industry, placing it in the top 81.5%.
Is Ichikawa Co's Days Inventory too high?
Ichikawa Co's current Days Inventory of 155.84 is near median its 10-year median of 161.32. Over the past 10 years, this metric has ranged from a low of 152.54 to a high of 170.65. The Forest Products industry median Days Inventory is 89.94. Ichikawa Co's value of 155.84 is 73.3% above this industry median. Based on the distribution chart, Ichikawa Co ranks #221 out of 271 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Ichikawa Co has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ichikawa Co's Days Inventory compare to competitors?
According to the Forest Products industry distribution chart, Ichikawa Co ranks #221 out of 271 companies for Days Inventory. This places Ichikawa Co in the lower half of its industry. The industry median Days Inventory is 89.94. Ichikawa Co's value of 155.84 is 73.3% above this benchmark. Historically, Ichikawa Co's own Days Inventory has ranged from 152.54 to 170.65 over the past decade. While the company's 10-year median is 161.32 vs. the industry median of 89.94, Ichikawa Co 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 Forest Products company?
The median Days Inventory among Forest Products companies is 89.94, based on 271 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. Ichikawa Co's current Days Inventory of 155.84 is 73.3% 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 Ichikawa Co and its competitors. For the Forest Products industry, the median Days Inventory is 89.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichikawa Co's current Days Inventory is 155.84, which is near median its own 10-year median of 161.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichikawa Co stock overvalued right now?
Based on GuruFocus' analysis, Ichikawa Co (TSE:3513) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,961.46, compared to a current price of 円3,650.00 — trading 86.1% above its estimated fair value. The current Days Inventory is 155.84, which is near median its 10-year median of 161.32 and 73.3% above the Forest Products industry median of 89.94. Ichikawa Co's overall GF Score™ is 49/100 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 Ichikawa Co (TSE:3513), the current Days Inventory is 155.84 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 Ichikawa Co (TSE:3513) Overvalued in 2026?

Based on GuruFocus' analysis, Ichikawa Co stock appears to be overvalued. The current stock price of 円3,650.00 is trading 86.1% above its estimated GF Value™ of 円1,961.46. GuruFocus considers Ichikawa Co to be Significantly Overvalued.

Key valuation signals for TSE:3513:

  • Days Inventory: 155.84 (near median its 10-year median of 161.32)
  • GF Value™: 円1,961.46 vs. price of 円3,650.00 (86.1% above fair value)
  • GF Score™: 49/100 with 1 warning sign
  • Industry Position: 73.3% above the Forest Products median (#221 of 271)

No single metric tells the full story. See the TSE:3513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ichikawa Co Business Description

Address 2-14-15 Hongo, Bunkyo-ku, Hongo 2, Tokyo, JPN, 113-8442
Ichikawa Co Ltd is engaged in the manufacture and distribution of papermaking felts, papermaking belts, felts for slate and industrial felts in Japan. It offers papermaking press felts and belts, and shoe press and transfer belts; industrial products, such as heat-resistant conveyance equipment and cushioning material for use in the manufacture of car bodies, aluminum parts, and others.
49GF Score

Get the complete analysis for TSE:3513

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

円3,650.00
Price
円1,961.46
GF Value