Findex (TSE:3649) Days Inventory: 30.93 (As of Dec. 2025) — 23% Below Median

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TSE:3649 Findex Inc TSE:3649
98 GF Score
Price 円853.00
GF Value 円934.45
Valuation Fairly Valued
! 2 Warning Signs
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What is Findex Days Inventory?

Findex TSE:3649 -4.69% 98 Days Inventory is 30.93 as of Dec. 2025, which is 23% below its 10-year median of 40.32. GuruFocus rates TSE:3649 with a GF Score™ of 98/100 and a GF Value™ of 円934.45 (Fairly Valued). The stock has 2 warning signs investors should review. Among 496 Healthcare Providers & Services companies, Findex ranks worse than 50.2% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Findex's Average Total Inventories for the three months ended in Dec. 2025 was 円192 Mil. Findex's Cost of Goods Sold for the three months ended in Dec. 2025 was 円565 Mil. Hence, Findex's Days Inventory for the three months ended in Dec. 2025 was 30.93.

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

TSE:3649' s Days Inventory Range Over the Past 10 Years
Min: 15.27   Med: 40.32   Max: 64.21
Current: 29.26

During the past 13 years, Findex's highest Days Inventory was 64.21. The lowest was 15.27. And the median was 40.32.

TSE:3649's Days Inventory is ranked worse than
50.2% of 496 companies
in the Healthcare Providers & Services industry
Industry Median: 29.23 vs TSE:3649: 29.26

Findex's Days Inventory increased from Dec. 2024 (0.00) to Dec. 2025 (30.93). It might indicate that Findex's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Findex's Inventory Turnover for the three months ended in Dec. 2025 was 2.95.

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. Findex's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.11.


Findex  (TSE:3649) 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.

Findex's Inventory Turnover for the three months ended in Dec. 2025 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.

Findex's Inventory to Revenue for the three months ended in Dec. 2025 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.


Findex Days Inventory Related Terms


Findex Days Inventory Historical Data

* Premium members only.

The historical data trend for Findex'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.

Findex Days Inventory Chart

Findex Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.03 60.15 64.21 46.19 37.04

Findex Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 30.38 31.20 34.92 30.93 25.08

TSE:3649 vs VEEV, BTSG, HQY: Days Inventory Comparison

For the Health Information Services subindustry, Findex'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.


Findex Days Inventory vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Findex's Days Inventory distribution charts can be found below:

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


TSE:3649
98GF Score
Findex Inc TSE:3649
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Findex Days Inventory Calculation

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

Findex's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (239.884 + 191.362) / 2 ) / 2124.962*365
=215.623 / 2124.962*365
=37.04

Findex's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (191.78 + 191.362) / 2 ) / 565.2*365 / 4
=191.571 / 565.2*365 / 4
=30.93

* 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 30.93 mean?
Findex (TSE:3649) has a Days Inventory of 30.93 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Findex and its competitors. This is 23% below median its historical median of 40.32. Over the past decade, Findex's Days Inventory has ranged from 15.27 to 64.21. According to the industry distribution chart, Findex ranks #249 out of 496 companies in the Healthcare Providers & Services industry, placing it in the top 50.2%.
Is Findex's Days Inventory too high?
Findex's current Days Inventory of 30.93 is 23% below median its 10-year median of 40.32. Over the past 10 years, this metric has ranged from a low of 15.27 to a high of 64.21. The Healthcare Providers & Services industry median Days Inventory is 29.23. Findex's value of 30.93 is 5.8% above this industry median. Based on the distribution chart, Findex ranks #249 out of 496 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Findex has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Findex's Days Inventory compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Findex ranks #249 out of 496 companies for Days Inventory. This places Findex in the lower half of its industry. The industry median Days Inventory is 29.23. Findex's value of 30.93 is 5.8% above this benchmark. Historically, Findex's own Days Inventory has ranged from 15.27 to 64.21 over the past decade. While the company's 10-year median is 40.32 vs. the industry median of 29.23, Findex 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 Healthcare Providers & Services company?
The median Days Inventory among Healthcare Providers & Services companies is 29.23, based on 496 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. Findex's current Days Inventory of 30.93 is 5.8% 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 Findex and its competitors. For the Healthcare Providers & Services industry, the median Days Inventory is 29.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Findex's current Days Inventory is 30.93, which is 23% below median its own 10-year median of 40.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Findex stock overvalued right now?
Based on GuruFocus' analysis, Findex (TSE:3649) is currently considered Fairly Valued. The stock's GF Value™ is 円934.45, compared to a current price of 円853.00 — trading 8.7% below its estimated fair value. The current Days Inventory is 30.93, which is 23% below median its 10-year median of 40.32 and 5.8% above the Healthcare Providers & Services industry median of 29.23. Findex's overall GF Score™ is 98/100 with 2 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 Findex (TSE:3649), the current Days Inventory is 30.93 as of Dec. 2025. 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 Findex (TSE:3649) Overvalued in 2026?

Based on GuruFocus' analysis, Findex stock appears to be undervalued. The current stock price of 円853.00 is trading 8.7% below its estimated GF Value™ of 円934.45. GuruFocus considers Findex to be Fairly Valued.

Key valuation signals for TSE:3649:

  • Days Inventory: 30.93 (23% below median its 10-year median of 40.32)
  • GF Value™: 円934.45 vs. price of 円853.00 (8.7% below fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 5.8% above the Healthcare Providers & Services median (#249 of 496)

No single metric tells the full story. See the TSE:3649 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Findex Business Description

Address 1-7-2 Otemachi, Tokyo Sankei Building, 26th Floor, Chiyoda-Ku, Matsuyama, JPN, 100-0004
Findex Inc is engaged in the operation of the system development business and health tech business.
98GF Score

Get the complete analysis for TSE:3649

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

円853.00
Price
円934.45
GF Value