Harima Chemicals Group (TSE:4410) Days Inventory: 107.38 (As of Mar. 2026) — 27% Above Median

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TSE:4410 Harima Chemicals Group Inc TSE:4410
70 GF Score
Price 円1,016.00
GF Value 円953.41
Valuation Fairly Valued
! 8 Warning Signs
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What is Harima Chemicals Group Days Inventory?

Harima Chemicals Group TSE:4410 -3.51% 70 Days Inventory is 107.38 as of Mar. 2026, which is 27% above its 10-year median of 84.63. GuruFocus rates TSE:4410 with a GF Score™ of 70/100 and a GF Value™ of 円953.41 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,541 Chemicals companies, Harima Chemicals Group ranks worse than 67.36% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Harima Chemicals Group's Average Total Inventories for the six months ended in Mar. 2026 was 円24,154 Mil. Harima Chemicals Group's Cost of Goods Sold for the six months ended in Mar. 2026 was 円41,051 Mil. Hence, Harima Chemicals Group's Days Inventory for the six months ended in Mar. 2026 was 107.38.

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

TSE:4410' s Days Inventory Range Over the Past 10 Years
Min: 70.9   Med: 84.63   Max: 109.72
Current: 109.52

During the past 13 years, Harima Chemicals Group's highest Days Inventory was 109.72. The lowest was 70.90. And the median was 84.63.

TSE:4410's Days Inventory is ranked worse than
67.36% of 1541 companies
in the Chemicals industry
Industry Median: 80.15 vs TSE:4410: 109.52

Harima Chemicals Group's Days Inventory declined from Mar. 2025 (108.69) to Mar. 2026 (107.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Harima Chemicals Group's Inventory Turnover for the six months ended in Mar. 2026 was 1.70.

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. Harima Chemicals Group's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.46.


Harima Chemicals Group  (TSE:4410) 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.

Harima Chemicals Group'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.

Harima Chemicals Group'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.


Harima Chemicals Group Days Inventory Related Terms


Harima Chemicals Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Harima Chemicals Group'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.

Harima Chemicals Group Days Inventory Chart

Harima Chemicals Group 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 86.12 83.14 103.25 109.72 109.51

Harima Chemicals Group 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 108.25 113.30 108.69 111.74 107.38

TSE:4410 vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, Harima Chemicals Group'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.


Harima Chemicals Group Days Inventory vs Chemicals Industry

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

* The bar in red indicates where Harima Chemicals Group's Days Inventory falls into.


TSE:4410
70GF Score
Harima Chemicals Group Inc TSE:4410
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Harima Chemicals Group Days Inventory Calculation

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

Harima Chemicals Group'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
=( (24449 + 24051) / 2 ) / 80824*365
=24250 / 80824*365
=109.51

Harima Chemicals Group'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
=( (24256 + 24051) / 2 ) / 41051*365 / 2
=24153.5 / 41051*365 / 2
=107.38

* 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 107.38 mean?
Harima Chemicals Group (TSE:4410) has a Days Inventory of 107.38 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Harima Chemicals Group and its competitors. This is 27% above median its historical median of 84.63. Over the past decade, Harima Chemicals Group's Days Inventory has ranged from 70.90 to 109.72. According to the industry distribution chart, Harima Chemicals Group ranks #1038 out of 1541 companies in the Chemicals industry, placing it in the top 67.4%.
Is Harima Chemicals Group's Days Inventory too high?
Harima Chemicals Group's current Days Inventory of 107.38 is 27% above median its 10-year median of 84.63. Over the past 10 years, this metric has ranged from a low of 70.90 to a high of 109.72. The Chemicals industry median Days Inventory is 80.15. Harima Chemicals Group's value of 107.38 is 34% above this industry median. Based on the distribution chart, Harima Chemicals Group ranks #1038 out of 1541 companies in the Chemicals industry, which is below the industry midpoint. Overall, Harima Chemicals Group has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Harima Chemicals Group's Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, Harima Chemicals Group ranks #1038 out of 1541 companies for Days Inventory. This places Harima Chemicals Group in the lower half of its industry. The industry median Days Inventory is 80.15. Harima Chemicals Group's value of 107.38 is 34% above this benchmark. Historically, Harima Chemicals Group's own Days Inventory has ranged from 70.90 to 109.72 over the past decade. While the company's 10-year median is 84.63 vs. the industry median of 80.15, Harima Chemicals Group 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 80.15, based on 1,541 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. Harima Chemicals Group's current Days Inventory of 107.38 is 34% 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 Harima Chemicals Group and its competitors. For the Chemicals industry, the median Days Inventory is 80.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harima Chemicals Group's current Days Inventory is 107.38, which is 27% above median its own 10-year median of 84.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harima Chemicals Group stock overvalued right now?
Based on GuruFocus' analysis, Harima Chemicals Group (TSE:4410) is currently considered Fairly Valued. The stock's GF Value™ is 円953.41, compared to a current price of 円1,016.00 — trading 6.6% above its estimated fair value. The current Days Inventory is 107.38, which is 27% above median its 10-year median of 84.63 and 34% above the Chemicals industry median of 80.15. Harima Chemicals Group's overall GF Score™ is 70/100 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 Harima Chemicals Group (TSE:4410), the current Days Inventory is 107.38 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 Harima Chemicals Group (TSE:4410) Overvalued in 2026?

Based on GuruFocus' analysis, Harima Chemicals Group stock appears to be overvalued. The current stock price of 円1,016.00 is trading 6.6% above its estimated GF Value™ of 円953.41. GuruFocus considers Harima Chemicals Group to be Fairly Valued.

Key valuation signals for TSE:4410:

  • Days Inventory: 107.38 (27% above median its 10-year median of 84.63)
  • GF Value™: 円953.41 vs. price of 円1,016.00 (6.6% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 34% above the Chemicals median (#1038 of 1541)

No single metric tells the full story. See the TSE:4410 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harima Chemicals Group Business Description

Address 3 - chome Nihonbashi 3 - chome Chuo - ku, Tokyo, JPN, 103-0027
Harima Chemicals Group Inc is a Japan-based chemical manufacturer. The company is mainly engaged in chemical products business, papermaking chemical business, and electronic materials business. Products offered by the company include resins for printing ink, paint, resin for adhesive and adhesive, emulsifier for synthetic rubber, sizing agent, paper strength enhancer, and coating agent. Electronic materials business develops, manufacture and sell conductive paste, brazing material for aluminum and printed wiring board related materials. Harima has a world-wide network with presence in Europe, Asia, Oceania, North America, and South America.
70GF Score

Get the complete analysis for TSE:4410

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

円1,016.00
Price
円953.41
GF Value