PATH (TSE:3840) Days Inventory: 225.77 (As of Mar. 2026) — 16% Above Median


TSE:3840 PATH Corp TSE:3840
53 GF Score
Price 円64.00
GF Value 円82.62
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PATH Days Inventory?

PATH TSE:3840 -1.54% 53 Days Inventory is 225.77 as of Mar. 2026, which is 16% above its 10-year median of 195.05. GuruFocus rates TSE:3840 with a GF Score™ of 53/100 and a GF Value™ of 円82.62 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 673 Business Services companies, PATH ranks worse than 93.31% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). PATH's Average Total Inventories for the six months ended in Mar. 2026 was 円751 Mil. PATH's Cost of Goods Sold for the six months ended in Mar. 2026 was 円607 Mil. Hence, PATH's Days Inventory for the six months ended in Mar. 2026 was 225.77.

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

TSE:3840' s Days Inventory Range Over the Past 10 Years
Min: 107.09   Med: 195.05   Max: 273.57
Current: 233.95

During the past 13 years, PATH's highest Days Inventory was 273.57. The lowest was 107.09. And the median was 195.05.

TSE:3840's Days Inventory is ranked worse than
93.31% of 673 companies
in the Business Services industry
Industry Median: 25.28 vs TSE:3840: 233.95

PATH's Days Inventory declined from Mar. 2025 (267.12) to Mar. 2026 (225.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. PATH's Inventory Turnover for the six months ended in Mar. 2026 was 0.81.

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. PATH's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.68.


PATH  (TSE:3840) 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.

PATH'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.

PATH'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.


PATH Days Inventory Related Terms


PATH Days Inventory Historical Data

* Premium members only.

The historical data trend for PATH'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.

PATH Days Inventory Chart

PATH 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 190.87 224.08 217.72 273.57 235.11

PATH 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 212.53 264.34 267.12 240.97 225.77

TSE:3840 vs CTAS, CPRT, ULS: Days Inventory Comparison

For the Specialty Business Services subindustry, PATH'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.


PATH Days Inventory vs Business Services Industry

For the Business Services industry and Industrials sector, PATH's Days Inventory distribution charts can be found below:

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


TSE:3840
53GF Score
PATH Corp TSE:3840
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PATH Days Inventory Calculation

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

PATH'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
=( (831.417 + 731.559) / 2 ) / 1213.219*365
=781.488 / 1213.219*365
=235.11

PATH'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
=( (769.874 + 731.559) / 2 ) / 606.839*365 / 2
=750.7165 / 606.839*365 / 2
=225.77

* 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 225.77 mean?
PATH (TSE:3840) has a Days Inventory of 225.77 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on PATH and its competitors. This is 16% above median its historical median of 195.05. Over the past decade, PATH's Days Inventory has ranged from 107.09 to 273.57. According to the industry distribution chart, PATH ranks #628 out of 673 companies in the Business Services industry, placing it in the top 93.3%.
Is PATH's Days Inventory too high?
PATH's current Days Inventory of 225.77 is 16% above median its 10-year median of 195.05. Over the past 10 years, this metric has ranged from a low of 107.09 to a high of 273.57. The Business Services industry median Days Inventory is 25.28. PATH's value of 225.77 is 793.1% above this industry median. Based on the distribution chart, PATH ranks #628 out of 673 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, PATH has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PATH's Days Inventory compare to CTAS and CPRT?
According to the Business Services industry distribution chart, PATH ranks #628 out of 673 companies for Days Inventory. This places PATH in the lower half of its industry. The industry median Days Inventory is 25.28. PATH's value of 225.77 is 793.1% above this benchmark. Historically, PATH's own Days Inventory has ranged from 107.09 to 273.57 over the past decade. While the company's 10-year median is 195.05 vs. the industry median of 25.28, PATH 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 Business Services company?
The median Days Inventory among Business Services companies is 25.28, based on 673 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. PATH's current Days Inventory of 225.77 is 793.1% 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 PATH and its competitors. For the Business Services industry, the median Days Inventory is 25.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PATH's current Days Inventory is 225.77, which is 16% above median its own 10-year median of 195.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PATH stock overvalued right now?
Based on GuruFocus' analysis, PATH (TSE:3840) is currently considered Modestly Undervalued. The stock's GF Value™ is 円82.62, compared to a current price of 円64.00 — trading 22.5% below its estimated fair value. The current Days Inventory is 225.77, which is 16% above median its 10-year median of 195.05 and 793.1% above the Business Services industry median of 25.28. PATH's overall GF Score™ is 53/100 with 5 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 PATH (TSE:3840), the current Days Inventory is 225.77 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 PATH (TSE:3840) Overvalued in 2026?

Based on GuruFocus' analysis, PATH stock appears to be undervalued. The current stock price of 円64.00 is trading 22.5% below its estimated GF Value™ of 円82.62. GuruFocus considers PATH to be Modestly Undervalued.

Key valuation signals for TSE:3840:

  • Days Inventory: 225.77 (16% above median its 10-year median of 195.05)
  • GF Value™: 円82.62 vs. price of 円64.00 (22.5% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 793.1% above the Business Services median (#628 of 673)

No single metric tells the full story. See the TSE:3840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PATH Business Description

Address 6-17-11 Jingumae, JPR Harajuku Building, Shibuya-ku, Tokyo, JPN, 150-0001
PATH Corp is a business service provider. The company offers consulting services which include planning and proposing new businesses using block chain technology, implementing and introducing systems, and procuring means for new business funds, and mail order related business.
53GF Score

Get the complete analysis for TSE:3840

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

円64.00
Price
円82.62
GF Value