Hikari Business Form Co (TSE:3948) Days Inventory: 14.91 (As of Dec. 2025) — 20% Above Median

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TSE:3948 Hikari Business Form Co Ltd TSE:3948
55 GF Score
Price 円1,135.00
GF Value 円672.85
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Hikari Business Form Co Days Inventory?

Hikari Business Form Co TSE:3948 +0.35% 55 Days Inventory is 14.91 as of Dec. 2025, which is 20% above its 10-year median of 12.38. GuruFocus rates TSE:3948 with a GF Score™ of 55/100 and a GF Value™ of 円672.85 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 673 Business Services companies, Hikari Business Form Co ranks better than 61.52% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Hikari Business Form Co's Average Total Inventories for the six months ended in Dec. 2025 was 円249 Mil. Hikari Business Form Co's Cost of Goods Sold for the six months ended in Dec. 2025 was 円3,050 Mil. Hence, Hikari Business Form Co's Days Inventory for the six months ended in Dec. 2025 was 14.91.

The historical rank and industry rank for Hikari Business Form Co's Days Inventory or its related term are showing as below:

TSE:3948' s Days Inventory Range Over the Past 10 Years
Min: 10.46   Med: 12.38   Max: 14.1
Current: 14.1

During the past 13 years, Hikari Business Form Co's highest Days Inventory was 14.10. The lowest was 10.46. And the median was 12.38.

TSE:3948's Days Inventory is ranked better than
61.52% of 673 companies
in the Business Services industry
Industry Median: 25.28 vs TSE:3948: 14.10

Hikari Business Form Co's Days Inventory increased from Dec. 2024 (11.93) to Dec. 2025 (14.91). It might indicate that Hikari Business Form Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hikari Business Form Co's Inventory Turnover for the six months ended in Dec. 2025 was 12.24.

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. Hikari Business Form Co's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.06.


Hikari Business Form Co  (TSE:3948) 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.

Hikari Business Form Co's Inventory Turnover for the six 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.

Hikari Business Form Co's Inventory to Revenue for the six 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.


Hikari Business Form Co Days Inventory Related Terms


Hikari Business Form Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Hikari Business Form 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.

Hikari Business Form Co Days Inventory Chart

Hikari Business Form Co 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 11.70 10.46 12.04 12.72 12.91

Hikari Business Form Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 12.66 13.70 11.93 14.49 14.91

TSE:3948 vs CTAS, CPRT, ULS: Days Inventory Comparison

For the Specialty Business Services subindustry, Hikari Business Form 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.


Hikari Business Form Co Days Inventory vs Business Services Industry

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

* The bar in red indicates where Hikari Business Form Co's Days Inventory falls into.


TSE:3948
55GF Score
Hikari Business Form Co Ltd TSE:3948
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hikari Business Form Co Days Inventory Calculation

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

Hikari Business Form Co'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
=( (207.995 + 222.972) / 2 ) / 6092.695*365
=215.4835 / 6092.695*365
=12.91

Hikari Business Form Co'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: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (275.267 + 222.972) / 2 ) / 3050.069*365 / 2
=249.1195 / 3050.069*365 / 2
=14.91

* 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 14.91 mean?
Hikari Business Form Co (TSE:3948) has a Days Inventory of 14.91 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hikari Business Form Co and its competitors. This is 20% above median its historical median of 12.38. Over the past decade, Hikari Business Form Co's Days Inventory has ranged from 10.46 to 14.10. According to the industry distribution chart, Hikari Business Form Co ranks #259 out of 673 companies in the Business Services industry, placing it in the top 38.5%.
Is Hikari Business Form Co's Days Inventory too high?
Hikari Business Form Co's current Days Inventory of 14.91 is 20% above median its 10-year median of 12.38. Over the past 10 years, this metric has ranged from a low of 10.46 to a high of 14.10. The Business Services industry median Days Inventory is 25.28. Hikari Business Form Co's value of 14.91 is 41% below this industry median. Based on the distribution chart, Hikari Business Form Co ranks #259 out of 673 companies in the Business Services industry, which is above the industry midpoint. Overall, Hikari Business Form Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hikari Business Form Co's Days Inventory compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Hikari Business Form Co ranks #259 out of 673 companies for Days Inventory. This puts Hikari Business Form Co in the upper half of its industry. The industry median Days Inventory is 25.28. Hikari Business Form Co's value of 14.91 is 41% below this benchmark. Historically, Hikari Business Form Co's own Days Inventory has ranged from 10.46 to 14.10 over the past decade. While the company's 10-year median is 12.38 vs. the industry median of 25.28, Hikari Business Form 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 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. Hikari Business Form Co's current Days Inventory of 14.91 is 41% 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 Hikari Business Form Co 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. Hikari Business Form Co's current Days Inventory is 14.91, which is 20% above median its own 10-year median of 12.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hikari Business Form Co stock overvalued right now?
Based on GuruFocus' analysis, Hikari Business Form Co (TSE:3948) is currently considered Significantly Overvalued. The stock's GF Value™ is 円672.85, compared to a current price of 円1,135.00 — trading 68.7% above its estimated fair value. The current Days Inventory is 14.91, which is 20% above median its 10-year median of 12.38 and 41% below the Business Services industry median of 25.28. Hikari Business Form Co's overall GF Score™ is 55/100 with 6 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 Hikari Business Form Co (TSE:3948), the current Days Inventory is 14.91 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 Hikari Business Form Co (TSE:3948) Overvalued in 2026?

Based on GuruFocus' analysis, Hikari Business Form Co stock appears to be overvalued. The current stock price of 円1,135.00 is trading 68.7% above its estimated GF Value™ of 円672.85. GuruFocus considers Hikari Business Form Co to be Significantly Overvalued.

Key valuation signals for TSE:3948:

  • Days Inventory: 14.91 (20% above median its 10-year median of 12.38)
  • GF Value™: 円672.85 vs. price of 円1,135.00 (68.7% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 41% below the Business Services median (#259 of 673)

No single metric tells the full story. See the TSE:3948 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hikari Business Form Co Business Description

Address 553, Higashiasakawa town, Hachioji, Tokyo, JPN, 193-0834
Hikari Business Form Co Ltd is engaged in providing printing services. The services offered by the company are commercial printing, business process outsourcing, post process, web solution, DPP, and others.
55GF Score

Get the complete analysis for TSE:3948

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

円1,135.00
Price
円672.85
GF Value