Ad-Sol Nissin (TSE:3837) Days Inventory: 0.46 (As of Mar. 2026) — 90% Below 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:3837 Ad-Sol Nissin Corp TSE:3837
93 GF Score
Price 円1,486.00
GF Value 円1,270.85
Valuation Modestly Overvalued
View Full Analysis

What is Ad-Sol Nissin Days Inventory?

Ad-Sol Nissin TSE:3837 -2.56% 93 Days Inventory is 0.46 as of Mar. 2026, which is 90% below its 10-year median of 4.55. GuruFocus rates TSE:3837 with a GF Score™ of 93/100 and a GF Value™ of 円1,270.85 (Modestly Overvalued). Among 1,652 Software companies, Ad-Sol Nissin ranks better than 88.08% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ad-Sol Nissin's Average Total Inventories for the six months ended in Mar. 2026 was 円16 Mil. Ad-Sol Nissin's Cost of Goods Sold for the six months ended in Mar. 2026 was 円6,208 Mil. Hence, Ad-Sol Nissin's Days Inventory for the six months ended in Mar. 2026 was 0.46.

The historical rank and industry rank for Ad-Sol Nissin's Days Inventory or its related term are showing as below:

TSE:3837' s Days Inventory Range Over the Past 10 Years
Min: 0.86   Med: 4.55   Max: 11.87
Current: 0.86

During the past 13 years, Ad-Sol Nissin's highest Days Inventory was 11.87. The lowest was 0.86. And the median was 4.55.

TSE:3837's Days Inventory is ranked better than
88.08% of 1652 companies
in the Software industry
Industry Median: 20.375 vs TSE:3837: 0.86

Ad-Sol Nissin's Days Inventory declined from Mar. 2025 (1.20) to Mar. 2026 (0.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ad-Sol Nissin's Inventory Turnover for the six months ended in Mar. 2026 was 397.88.

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. Ad-Sol Nissin's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.00.


Ad-Sol Nissin  (TSE:3837) 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.

Ad-Sol Nissin'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.

Ad-Sol Nissin'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.


Ad-Sol Nissin Days Inventory Related Terms


Ad-Sol Nissin Days Inventory Historical Data

* Premium members only.

The historical data trend for Ad-Sol Nissin'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.

Ad-Sol Nissin Days Inventory Chart

Ad-Sol Nissin 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 3.80 4.40 2.64 0.98 1.16

Ad-Sol Nissin Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 0.44 1.20 0.96 0.46

TSE:3837 vs IBM, ACN, FISV: Days Inventory Comparison

For the Information Technology Services subindustry, Ad-Sol Nissin'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.


Ad-Sol Nissin Days Inventory vs Software Industry

For the Software industry and Technology sector, Ad-Sol Nissin's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ad-Sol Nissin's Days Inventory falls into.


TSE:3837
93GF Score
Ad-Sol Nissin Corp TSE:3837
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ad-Sol Nissin Days Inventory Calculation

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

Ad-Sol Nissin'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
=( (54.628 + 23.067) / 2 ) / 12178.983*365
=38.8475 / 12178.983*365
=1.16

Ad-Sol Nissin'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
=( (8.14 + 23.067) / 2 ) / 6208.376*365 / 2
=15.6035 / 6208.376*365 / 2
=0.46

* 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 0.46 mean?
Ad-Sol Nissin (TSE:3837) has a Days Inventory of 0.46 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ad-Sol Nissin and its competitors. This is 90% below median its historical median of 4.55. Over the past decade, Ad-Sol Nissin's Days Inventory has ranged from 0.86 to 11.87. According to the industry distribution chart, Ad-Sol Nissin ranks #197 out of 1652 companies in the Software industry, placing it in the top 11.9%.
Is Ad-Sol Nissin's Days Inventory too high?
Ad-Sol Nissin's current Days Inventory of 0.46 is 90% below median its 10-year median of 4.55. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 11.87. The Software industry median Days Inventory is 20.38. Ad-Sol Nissin's value of 0.46 is 97.7% below this industry median. Based on the distribution chart, Ad-Sol Nissin ranks #197 out of 1652 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Ad-Sol Nissin has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ad-Sol Nissin's Days Inventory compare to IBM and ACN?
According to the Software industry distribution chart, Ad-Sol Nissin ranks #197 out of 1652 companies for Days Inventory. This places Ad-Sol Nissin in the top 12% of its industry — outperforming the majority of peers. The industry median Days Inventory is 20.38. Ad-Sol Nissin's value of 0.46 is 97.7% below this benchmark. Historically, Ad-Sol Nissin's own Days Inventory has ranged from 0.86 to 11.87 over the past decade. While the company's 10-year median is 4.55 vs. the industry median of 20.38, Ad-Sol Nissin 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. Ad-Sol Nissin's current Days Inventory of 0.46 is 97.7% 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 Ad-Sol Nissin 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. Ad-Sol Nissin's current Days Inventory is 0.46, which is 90% below median its own 10-year median of 4.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ad-Sol Nissin stock overvalued right now?
Based on GuruFocus' analysis, Ad-Sol Nissin (TSE:3837) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,270.85, compared to a current price of 円1,486.00 — trading 16.9% above its estimated fair value. The current Days Inventory is 0.46, which is 90% below median its 10-year median of 4.55 and 97.7% below the Software industry median of 20.38. Ad-Sol Nissin's overall GF Score™ is 93/100. 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 Ad-Sol Nissin (TSE:3837), the current Days Inventory is 0.46 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 Ad-Sol Nissin (TSE:3837) Overvalued in 2026?

Based on GuruFocus' analysis, Ad-Sol Nissin stock appears to be overvalued. The current stock price of 円1,486.00 is trading 16.9% above its estimated GF Value™ of 円1,270.85. GuruFocus considers Ad-Sol Nissin to be Modestly Overvalued.

Key valuation signals for TSE:3837:

  • Days Inventory: 0.46 (90% below median its 10-year median of 4.55)
  • GF Value™: 円1,270.85 vs. price of 円1,486.00 (16.9% above fair value)
  • GF Score™: 93/100
  • Industry Position: 97.7% below the Software median (#197 of 1652)

No single metric tells the full story. See the TSE:3837 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ad-Sol Nissin Business Description

Address 1-8 Konan 4-chome, Rivage Shinagawa, Minato-ku, Tokyo, JPN, 108-0075
Ad-Sol Nissin Corp develops information systems for enterprises. The company's segments include: Social Infrastructure Business, Advanced Industry Business. The Social Infrastructure Business develops system integration services in social infrastructures such as energy, road, aerospace, and others. Advanced Industry Business promotes Next Generation EV Vehicle, Industrial Equipment, and others.
93GF Score

Get the complete analysis for TSE:3837

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

円1,486.00
Price
円1,270.85
GF Value