Morpho (TSE:3653) Days Inventory: 5.80 (As of Apr. 2026) — 48% 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:3653 Morpho Inc TSE:3653
57 GF Score
Price 円628.00
GF Value 円1,460.13
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Morpho Days Inventory?

Morpho TSE:3653 57 Days Inventory is 5.80 as of Apr. 2026, which is 48% above its 10-year median of 3.91. GuruFocus rates TSE:3653 with a GF Score™ of 57/100 and a GF Value™ of 円1,460.13 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,652 Software companies, Morpho ranks better than 70.1% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Morpho's Average Total Inventories for the six months ended in Apr. 2026 was 円24 Mil. Morpho's Cost of Goods Sold for the six months ended in Apr. 2026 was 円769 Mil. Hence, Morpho's Days Inventory for the six months ended in Apr. 2026 was 5.80.

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

TSE:3653' s Days Inventory Range Over the Past 10 Years
Min: 1.11   Med: 3.91   Max: 10.22
Current: 5.24

During the past 13 years, Morpho's highest Days Inventory was 10.22. The lowest was 1.11. And the median was 3.91.

TSE:3653's Days Inventory is ranked better than
70.1% of 1652 companies
in the Software industry
Industry Median: 20.375 vs TSE:3653: 5.24

Morpho's Days Inventory increased from Apr. 2025 (2.35) to Apr. 2026 (5.80). It might indicate that Morpho's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Morpho's Inventory Turnover for the six months ended in Apr. 2026 was 31.44.

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. Morpho's Inventory-to-Revenue for the six months ended in Apr. 2026 was 0.02.


Morpho  (TSE:3653) 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.

Morpho's Inventory Turnover for the six months ended in Apr. 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.

Morpho's Inventory to Revenue for the six months ended in Apr. 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.


Morpho Days Inventory Related Terms


Morpho Days Inventory Historical Data

* Premium members only.

The historical data trend for Morpho'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.

Morpho Days Inventory Chart

Morpho Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.14 3.87 7.77 4.57 2.37

Morpho Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 12.52 6.51 2.35 4.22 5.80

TSE:3653 vs UBER, SHOP, CRM: Days Inventory Comparison

For the Software - Application subindustry, Morpho'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.


Morpho Days Inventory vs Software Industry

For the Software industry and Technology sector, Morpho's Days Inventory distribution charts can be found below:

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


TSE:3653
57GF Score
Morpho Inc TSE:3653
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Morpho Days Inventory Calculation

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

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

Days Inventory (A: Oct. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2024 ) + Total Inventories (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (1.522 + 18.18) / 2 ) / 1515.921*365
=9.851 / 1515.921*365
=2.37

Morpho's Days Inventory for the quarter that ended in Apr. 2026 is calculated as:

Days Inventory (Q: Apr. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2025 ) + Total Inventories (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (18.18 + 30.725) / 2 ) / 768.75*365 / 2
=24.4525 / 768.75*365 / 2
=5.80

* 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 5.80 mean?
Morpho (TSE:3653) has a Days Inventory of 5.80 as of Apr. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Morpho and its competitors. This is 48% above median its historical median of 3.91. Over the past decade, Morpho's Days Inventory has ranged from 1.11 to 10.22. According to the industry distribution chart, Morpho ranks #494 out of 1652 companies in the Software industry, placing it in the top 29.9%.
Is Morpho's Days Inventory too high?
Morpho's current Days Inventory of 5.80 is 48% above median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 10.22. The Software industry median Days Inventory is 20.38. Morpho's value of 5.80 is 71.5% below this industry median. Based on the distribution chart, Morpho ranks #494 out of 1652 companies in the Software industry, which is above the industry midpoint. Overall, Morpho has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morpho's Days Inventory compare to UBER and SHOP?
According to the Software industry distribution chart, Morpho ranks #494 out of 1652 companies for Days Inventory. This puts Morpho in the upper half of its industry. The industry median Days Inventory is 20.38. Morpho's value of 5.80 is 71.5% below this benchmark. Historically, Morpho's own Days Inventory has ranged from 1.11 to 10.22 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 20.38, Morpho 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 Software company?
The median Days Inventory among Software companies is 20.38, based on 1,652 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. Morpho's current Days Inventory of 5.80 is 71.5% 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 Morpho and its competitors. For the Software industry, the median Days Inventory is 20.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morpho's current Days Inventory is 5.80, which is 48% above median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morpho stock overvalued right now?
Based on GuruFocus' analysis, Morpho (TSE:3653) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,460.13, compared to a current price of 円628.00 — trading 57% below its estimated fair value. The current Days Inventory is 5.80, which is 48% above median its 10-year median of 3.91 and 71.5% below the Software industry median of 20.38. Morpho's overall GF Score™ is 57/100 with 4 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 Morpho (TSE:3653), the current Days Inventory is 5.80 as of Apr. 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 Morpho (TSE:3653) Overvalued in 2026?

Based on GuruFocus' analysis, Morpho stock appears to be undervalued. The current stock price of 円628.00 is trading 57% below its estimated GF Value™ of 円1,460.13. GuruFocus considers Morpho to be Significantly Undervalued.

Key valuation signals for TSE:3653:

  • Days Inventory: 5.80 (48% above median its 10-year median of 3.91)
  • GF Value™: 円1,460.13 vs. price of 円628.00 (57% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 71.5% below the Software median (#494 of 1652)

No single metric tells the full story. See the TSE:3653 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morpho Business Description

Address 2-2-1 Kanda-Nishikicho, 11th Floor, Kanda Sqaure, Chiyoda-ku, Tokyo, JPN, 101-0054
Morpho Inc is engaged in the research and development of image processing technology, product development, and licensing.
57GF Score

Get the complete analysis for TSE:3653

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

円628.00
Price
円1,460.13
GF Value