Toda Kogyo (TSE:4100) Days Inventory: 128.89 (As of Mar. 2026) — 21% 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:4100 Toda Kogyo Corp TSE:4100
51 GF Score
Price 円1,446.00
GF Value 円1,394.65
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Toda Kogyo Days Inventory?

Toda Kogyo TSE:4100 -3.79% 51 Days Inventory is 128.89 as of Mar. 2026, which is 21% above its 10-year median of 106.72. GuruFocus rates TSE:4100 with a GF Score™ of 51/100 and a GF Value™ of 円1,394.65 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,540 Chemicals companies, Toda Kogyo ranks worse than 76.23% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Toda Kogyo's Average Total Inventories for the six months ended in Mar. 2026 was 円7,446 Mil. Toda Kogyo's Cost of Goods Sold for the six months ended in Mar. 2026 was 円10,542 Mil. Hence, Toda Kogyo's Days Inventory for the six months ended in Mar. 2026 was 128.89.

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

TSE:4100' s Days Inventory Range Over the Past 10 Years
Min: 87.69   Med: 106.72   Max: 198.09
Current: 130.66

During the past 13 years, Toda Kogyo's highest Days Inventory was 198.09. The lowest was 87.69. And the median was 106.72.

TSE:4100's Days Inventory is ranked worse than
76.23% of 1540 companies
in the Chemicals industry
Industry Median: 80.59 vs TSE:4100: 130.66

Toda Kogyo's Days Inventory increased from Mar. 2025 (122.51) to Mar. 2026 (128.89). It might indicate that Toda Kogyo's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Toda Kogyo's Inventory Turnover for the six months ended in Mar. 2026 was 1.42.

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. Toda Kogyo's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.54.


Toda Kogyo  (TSE:4100) 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.

Toda Kogyo'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.

Toda Kogyo'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.


Toda Kogyo Days Inventory Related Terms


Toda Kogyo Days Inventory Historical Data

* Premium members only.

The historical data trend for Toda Kogyo'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.

Toda Kogyo Days Inventory Chart

Toda Kogyo 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 109.09 130.66 198.09 139.09 130.61

Toda Kogyo 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 196.66 184.45 122.51 132.44 128.89

TSE:4100 vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, Toda Kogyo'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.


Toda Kogyo Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toda Kogyo's Days Inventory distribution charts can be found below:

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


TSE:4100
51GF Score
Toda Kogyo Corp TSE:4100
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toda Kogyo Days Inventory Calculation

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

Toda Kogyo'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
=( (7984 + 7260) / 2 ) / 21301*365
=7622 / 21301*365
=130.61

Toda Kogyo'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
=( (7631 + 7260) / 2 ) / 10542*365 / 2
=7445.5 / 10542*365 / 2
=128.89

* 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 128.89 mean?
Toda Kogyo (TSE:4100) has a Days Inventory of 128.89 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Toda Kogyo and its competitors. This is 21% above median its historical median of 106.72. Over the past decade, Toda Kogyo's Days Inventory has ranged from 87.69 to 198.09. According to the industry distribution chart, Toda Kogyo ranks #1174 out of 1540 companies in the Chemicals industry, placing it in the top 76.2%.
Is Toda Kogyo's Days Inventory too high?
Toda Kogyo's current Days Inventory of 128.89 is 21% above median its 10-year median of 106.72. Over the past 10 years, this metric has ranged from a low of 87.69 to a high of 198.09. The Chemicals industry median Days Inventory is 80.59. Toda Kogyo's value of 128.89 is 59.9% above this industry median. Based on the distribution chart, Toda Kogyo ranks #1174 out of 1540 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Toda Kogyo has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toda Kogyo's Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, Toda Kogyo ranks #1174 out of 1540 companies for Days Inventory. This places Toda Kogyo in the lower half of its industry. The industry median Days Inventory is 80.59. Toda Kogyo's value of 128.89 is 59.9% above this benchmark. Historically, Toda Kogyo's own Days Inventory has ranged from 87.69 to 198.09 over the past decade. While the company's 10-year median is 106.72 vs. the industry median of 80.59, Toda Kogyo 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.59, based on 1,540 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. Toda Kogyo's current Days Inventory of 128.89 is 59.9% 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 Toda Kogyo and its competitors. For the Chemicals industry, the median Days Inventory is 80.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toda Kogyo's current Days Inventory is 128.89, which is 21% above median its own 10-year median of 106.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toda Kogyo stock overvalued right now?
Based on GuruFocus' analysis, Toda Kogyo (TSE:4100) is currently considered Fairly Valued. The stock's GF Value™ is 円1,394.65, compared to a current price of 円1,446.00 — trading 3.7% above its estimated fair value. The current Days Inventory is 128.89, which is 21% above median its 10-year median of 106.72 and 59.9% above the Chemicals industry median of 80.59. Toda Kogyo's overall GF Score™ is 51/100 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 Toda Kogyo (TSE:4100), the current Days Inventory is 128.89 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 Toda Kogyo (TSE:4100) Overvalued in 2026?

Based on GuruFocus' analysis, Toda Kogyo stock appears to be overvalued. The current stock price of 円1,446.00 is trading 3.7% above its estimated GF Value™ of 円1,394.65. GuruFocus considers Toda Kogyo to be Fairly Valued.

Key valuation signals for TSE:4100:

  • Days Inventory: 128.89 (21% above median its 10-year median of 106.72)
  • GF Value™: 円1,394.65 vs. price of 円1,446.00 (3.7% above fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 59.9% above the Chemicals median (#1174 of 1540)

No single metric tells the full story. See the TSE:4100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toda Kogyo Business Description

Address 1-23 Kyobashi-cho, Taiju Seimei Hiroshima Ekimae Building, 9th Floor, Minami-ku, Hiroshima, JPN, 732-0828
Toda Kogyo Corp trades in functional pigments and electronic materials. It offers electronic printing materials, such as toner materials for printers and copying machines, carriers for color printers and copying machines, and magnetic materials for printers and copying machines. It also provides electromagnetic compatibility/immunity solutions, including electric-wave absorber materials/electromagnetic interference. In addition, the firm offers lithium cobaltate, lithium-nickel oxide, and lithium manganate battery materials for personal computers, mobile phones. Additionally, it offers pigments for colored pavements, reflective pigments, and pigments for coatings and resins; and magnetic recording materials for digital recording media used with computers and videotapes for broadcasting.
51GF Score

Get the complete analysis for TSE:4100

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

円1,446.00
Price
円1,394.65
GF Value