Nippon Paper Industries Co (TSE:3863) Days Inventory: 87.27 (As of Mar. 2026) — 13% Above Median


TSE:3863 Nippon Paper Industries Co Ltd TSE:3863
54 GF Score
Price 円1,327.00
GF Value 円1,146.42
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Nippon Paper Industries Co Days Inventory?

Nippon Paper Industries Co TSE:3863 +0.61% 54 Days Inventory is 87.27 as of Mar. 2026, which is 13% above its 10-year median of 77.20. GuruFocus rates TSE:3863 with a GF Score™ of 54/100 and a GF Value™ of 円1,146.42 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 271 Forest Products companies, Nippon Paper Industries Co ranks better than 52.77% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nippon Paper Industries Co's Average Total Inventories for the three months ended in Mar. 2026 was 円239,492 Mil. Nippon Paper Industries Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円250,421 Mil. Hence, Nippon Paper Industries Co's Days Inventory for the three months ended in Mar. 2026 was 87.27.

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

TSE:3863' s Days Inventory Range Over the Past 10 Years
Min: 70.01   Med: 77.2   Max: 86.99
Current: 86.99

During the past 13 years, Nippon Paper Industries Co's highest Days Inventory was 86.99. The lowest was 70.01. And the median was 77.20.

TSE:3863's Days Inventory is ranked better than
52.77% of 271 companies
in the Forest Products industry
Industry Median: 89.94 vs TSE:3863: 86.99

Nippon Paper Industries Co's Days Inventory increased from Mar. 2025 (85.84) to Mar. 2026 (87.27). It might indicate that Nippon Paper Industries Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Paper Industries Co's Inventory Turnover for the three months ended in Mar. 2026 was 1.05.

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. Nippon Paper Industries Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.79.


Nippon Paper Industries Co  (TSE:3863) 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.

Nippon Paper Industries 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.

Nippon Paper Industries 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.


Nippon Paper Industries Co Days Inventory Related Terms


Nippon Paper Industries Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Nippon Paper Industries 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.

Nippon Paper Industries Co Days Inventory Chart

Nippon Paper Industries 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 76.28 77.71 85.76 83.74 85.84

Nippon Paper Industries 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 85.84 87.58 86.80 87.46 87.27

Nippon Paper Industries Co Days Inventory Competitor Comparison

For the Paper & Paper Products subindustry, Nippon Paper Industries 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.


Nippon Paper Industries Co Days Inventory vs Forest Products Industry

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

* The bar in red indicates where Nippon Paper Industries Co's Days Inventory falls into.


TSE:3863
54GF Score
Nippon Paper Industries Co Ltd TSE:3863
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Paper Industries Co Days Inventory Calculation

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

Nippon Paper Industries 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
=( (230068 + 237263) / 2 ) / 993594*365
=233665.5 / 993594*365
=85.84

Nippon Paper Industries 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
=( (241721 + 237263) / 2 ) / 250421*365 / 4
=239492 / 250421*365 / 4
=87.27

* 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 87.27 mean?
Nippon Paper Industries Co (TSE:3863) has a Days Inventory of 87.27 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nippon Paper Industries Co and its competitors. This is 13% above median its historical median of 77.20. Over the past decade, Nippon Paper Industries Co's Days Inventory has ranged from 70.01 to 86.99. According to the industry distribution chart, Nippon Paper Industries Co ranks #128 out of 271 companies in the Forest Products industry, placing it in the top 47.2%.
Is Nippon Paper Industries Co's Days Inventory too high?
Nippon Paper Industries Co's current Days Inventory of 87.27 is 13% above median its 10-year median of 77.20. Over the past 10 years, this metric has ranged from a low of 70.01 to a high of 86.99. The Forest Products industry median Days Inventory is 89.94. Nippon Paper Industries Co's value of 87.27 is 3% below this industry median. Based on the distribution chart, Nippon Paper Industries Co ranks #128 out of 271 companies in the Forest Products industry, which is above the industry midpoint. Overall, Nippon Paper Industries Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Paper Industries Co's Days Inventory compare to competitors?
According to the Forest Products industry distribution chart, Nippon Paper Industries Co ranks #128 out of 271 companies for Days Inventory. This puts Nippon Paper Industries Co in the upper half of its industry. The industry median Days Inventory is 89.94. Nippon Paper Industries Co's value of 87.27 is 3% below this benchmark. Historically, Nippon Paper Industries Co's own Days Inventory has ranged from 70.01 to 86.99 over the past decade. While the company's 10-year median is 77.20 vs. the industry median of 89.94, Nippon Paper Industries Co 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 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. Nippon Paper Industries Co's current Days Inventory of 87.27 is 3% 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 Nippon Paper Industries 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. Nippon Paper Industries Co's current Days Inventory is 87.27, which is 13% above median its own 10-year median of 77.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Paper Industries Co (TSE:3863) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,146.42, compared to a current price of 円1,327.00 — trading 15.8% above its estimated fair value. The current Days Inventory is 87.27, which is 13% above median its 10-year median of 77.20 and 3% below the Forest Products industry median of 89.94. Nippon Paper Industries Co's overall GF Score™ is 54/100 with 8 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 Nippon Paper Industries Co (TSE:3863), the current Days Inventory is 87.27 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 Nippon Paper Industries Co (TSE:3863) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Paper Industries Co stock appears to be overvalued. The current stock price of 円1,327.00 is trading 15.8% above its estimated GF Value™ of 円1,146.42. GuruFocus considers Nippon Paper Industries Co to be Modestly Overvalued.

Key valuation signals for TSE:3863:

  • Days Inventory: 87.27 (13% above median its 10-year median of 77.20)
  • GF Value™: 円1,146.42 vs. price of 円1,327.00 (15.8% above fair value)
  • GF Score™: 54/100 with 8 warning signs
  • Industry Position: 3% below the Forest Products median (#128 of 271)

No single metric tells the full story. See the TSE:3863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Paper Industries Co Business Description

Other Exchanges 9NI:Germany
Address 4-6, Kanda-Surugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
Nippon Paper Industries Co Ltd produces and sells a variety of paper products. The company's paper products include newsprint, printing, sanitary, and packaging paper, as well as container board and boxes. The firm also sells construction materials, and generates electric power. Nippon Paper organizes itself into four segments based on product type: pulp and paper; paper related; wood products and construction related; and other. The pulp and paper segment generates the majority of revenue. The majority of sales are made in Japan.
54GF Score

Get the complete analysis for TSE:3863

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

円1,327.00
Price
円1,146.42
GF Value