Trend Micro (TSE:4704) Days Inventory: 55.51 (As of Mar. 2026) — 65% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:4704 Trend Micro Inc TSE:4704
83 GF Score
Price 円6,480.00
GF Value 円9,030.30
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Trend Micro Days Inventory?

Trend Micro TSE:4704 +0.15% 83 Days Inventory is 55.51 as of Mar. 2026, which is 65% above its 10-year median of 33.61. GuruFocus rates TSE:4704 with a GF Score™ of 83/100 and a GF Value™ of 円9,030.30 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,654 Software companies, Trend Micro ranks worse than 69.83% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Trend Micro's Average Total Inventories for the three months ended in Mar. 2026 was 円10,153 Mil. Trend Micro's Cost of Goods Sold for the three months ended in Mar. 2026 was 円16,691 Mil. Hence, Trend Micro's Days Inventory for the three months ended in Mar. 2026 was 55.51.

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

TSE:4704' s Days Inventory Range Over the Past 10 Years
Min: 19.97   Med: 33.61   Max: 56.22
Current: 56.22

During the past 13 years, Trend Micro's highest Days Inventory was 56.22. The lowest was 19.97. And the median was 33.61.

TSE:4704's Days Inventory is ranked worse than
69.83% of 1654 companies
in the Software industry
Industry Median: 20.375 vs TSE:4704: 56.22

Trend Micro's Days Inventory increased from Mar. 2025 (49.00) to Mar. 2026 (55.51). It might indicate that Trend Micro's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Trend Micro's Inventory Turnover for the three months ended in Mar. 2026 was 1.64.

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. Trend Micro's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.14.


Trend Micro  (TSE:4704) 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.

Trend Micro'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.

Trend Micro'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.


Trend Micro Days Inventory Related Terms


Trend Micro Days Inventory Historical Data

* Premium members only.

The historical data trend for Trend Micro'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.

Trend Micro Days Inventory Chart

Trend Micro 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 30.86 26.74 31.30 42.46 53.00

Trend Micro 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 49.00 55.20 58.47 56.55 55.51

TSE:4704 vs MSFT, ORCL, PLTR: Days Inventory Comparison

For the Software - Infrastructure subindustry, Trend Micro'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.


Trend Micro Days Inventory vs Software Industry

For the Software industry and Technology sector, Trend Micro's Days Inventory distribution charts can be found below:

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


TSE:4704
83GF Score
Trend Micro Inc TSE:4704
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trend Micro Days Inventory Calculation

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

Trend Micro'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
=( (8455 + 10048) / 2 ) / 63717*365
=9251.5 / 63717*365
=53.00

Trend Micro'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
=( (10048 + 10258) / 2 ) / 16691*365 / 4
=10153 / 16691*365 / 4
=55.51

* 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 55.51 mean?
Trend Micro (TSE:4704) has a Days Inventory of 55.51 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Trend Micro and its competitors. This is 65% above median its historical median of 33.61. Over the past decade, Trend Micro's Days Inventory has ranged from 19.97 to 56.22. According to the industry distribution chart, Trend Micro ranks #1155 out of 1654 companies in the Software industry, placing it in the top 69.8%.
Is Trend Micro's Days Inventory too high?
Trend Micro's current Days Inventory of 55.51 is 65% above median its 10-year median of 33.61. Over the past 10 years, this metric has ranged from a low of 19.97 to a high of 56.22. The Software industry median Days Inventory is 20.38. Trend Micro's value of 55.51 is 172.4% above this industry median. Based on the distribution chart, Trend Micro ranks #1155 out of 1654 companies in the Software industry, which is below the industry midpoint. Overall, Trend Micro has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trend Micro's Days Inventory compare to MSFT and ORCL?
According to the Software industry distribution chart, Trend Micro ranks #1155 out of 1654 companies for Days Inventory. This places Trend Micro in the lower half of its industry. The industry median Days Inventory is 20.38. Trend Micro's value of 55.51 is 172.4% above this benchmark. Historically, Trend Micro's own Days Inventory has ranged from 19.97 to 56.22 over the past decade. While the company's 10-year median is 33.61 vs. the industry median of 20.38, Trend Micro 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 Software company?
The median Days Inventory among Software companies is 20.38, based on 1,654 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. Trend Micro's current Days Inventory of 55.51 is 172.4% 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 Trend Micro and its competitors. For the Software industry, the median Days Inventory is 20.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trend Micro's current Days Inventory is 55.51, which is 65% above median its own 10-year median of 33.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trend Micro stock overvalued right now?
Based on GuruFocus' analysis, Trend Micro (TSE:4704) is currently considered Modestly Undervalued. The stock's GF Value™ is 円9,030.30, compared to a current price of 円6,480.00 — trading 28.2% below its estimated fair value. The current Days Inventory is 55.51, which is 65% above median its 10-year median of 33.61 and 172.4% above the Software industry median of 20.38. Trend Micro's overall GF Score™ is 83/100 with 2 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 Trend Micro (TSE:4704), the current Days Inventory is 55.51 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 Trend Micro (TSE:4704) Overvalued in 2026?

Based on GuruFocus' analysis, Trend Micro stock appears to be undervalued. The current stock price of 円6,480.00 is trading 28.2% below its estimated GF Value™ of 円9,030.30. GuruFocus considers Trend Micro to be Modestly Undervalued.

Key valuation signals for TSE:4704:

  • Days Inventory: 55.51 (65% above median its 10-year median of 33.61)
  • GF Value™: 円9,030.30 vs. price of 円6,480.00 (28.2% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 172.4% above the Software median (#1155 of 1654)

No single metric tells the full story. See the TSE:4704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trend Micro Business Description

Address 4-1-6 Shinjuku, JR Shinjuku Miraina Tower, Shinjuku-ku, Tokyo, JPN, 160-0022
Trend Micro Inc provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. The company operates through four geographic segments: Japan, North America, Europe, and Asia-Pacific.
83GF Score

Get the complete analysis for TSE:4704

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

円6,480.00
Price
円9,030.30
GF Value