Nikko Co (TSE:6306) Days Inventory: 131.44 (As of Mar. 2026) — 32% Above Median

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TSE:6306 Nikko Co Ltd TSE:6306
87 GF Score
Price 円941.00
GF Value 円831.35
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Nikko Co Days Inventory?

Nikko Co TSE:6306 +0.64% 87 Days Inventory is 131.44 as of Mar. 2026, which is 32% above its 10-year median of 99.91. GuruFocus rates TSE:6306 with a GF Score™ of 87/100 and a GF Value™ of 円831.35 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Nikko Co ranks worse than 58.65% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nikko Co's Average Total Inventories for the six months ended in Mar. 2026 was 円14,117 Mil. Nikko Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円19,600 Mil. Hence, Nikko Co's Days Inventory for the six months ended in Mar. 2026 was 131.44.

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

TSE:6306' s Days Inventory Range Over the Past 10 Years
Min: 72.83   Med: 99.91   Max: 142.22
Current: 142.22

During the past 13 years, Nikko Co's highest Days Inventory was 142.22. The lowest was 72.83. And the median was 99.91.

TSE:6306's Days Inventory is ranked worse than
58.65% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 126.87 vs TSE:6306: 142.22

Nikko Co's Days Inventory increased from Mar. 2025 (120.99) to Mar. 2026 (131.44). It might indicate that Nikko Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nikko Co's Inventory Turnover for the six months ended in Mar. 2026 was 1.39.

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. Nikko Co's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.50.


Nikko Co  (TSE:6306) 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.

Nikko Co'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.

Nikko Co'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.


Nikko Co Days Inventory Related Terms


Nikko Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Nikko 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.

Nikko Co Days Inventory Chart

Nikko 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 108.52 127.66 128.48 121.23 137.31

Nikko Co 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 114.21 145.29 120.99 162.47 131.44

TSE:6306 vs CAT, DE, PCAR: Days Inventory Comparison

For the Farm & Heavy Construction Machinery subindustry, Nikko 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.


Nikko Co Days Inventory vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Nikko Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nikko Co's Days Inventory falls into.


TSE:6306
87GF Score
Nikko Co Ltd TSE:6306
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikko Co Days Inventory Calculation

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

Nikko 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
=( (11713 + 13999) / 2 ) / 34173*365
=12856 / 34173*365
=137.31

Nikko 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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (14234 + 13999) / 2 ) / 19600*365 / 2
=14116.5 / 19600*365 / 2
=131.44

* 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 131.44 mean?
Nikko Co (TSE:6306) has a Days Inventory of 131.44 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nikko Co and its competitors. This is 32% above median its historical median of 99.91. Over the past decade, Nikko Co's Days Inventory has ranged from 72.83 to 142.22. According to the industry distribution chart, Nikko Co ranks #122 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 58.7%.
Is Nikko Co's Days Inventory too high?
Nikko Co's current Days Inventory of 131.44 is 32% above median its 10-year median of 99.91. Over the past 10 years, this metric has ranged from a low of 72.83 to a high of 142.22. The Farm & Heavy Construction Machinery industry median Days Inventory is 126.87. Nikko Co's value of 131.44 is 3.6% above this industry median. Based on the distribution chart, Nikko Co ranks #122 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Nikko Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikko Co's Days Inventory compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Nikko Co ranks #122 out of 208 companies for Days Inventory. This places Nikko Co in the lower half of its industry. The industry median Days Inventory is 126.87. Nikko Co's value of 131.44 is 3.6% above this benchmark. Historically, Nikko Co's own Days Inventory has ranged from 72.83 to 142.22 over the past decade. While the company's 10-year median is 99.91 vs. the industry median of 126.87, Nikko Co 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 Farm & Heavy Construction Machinery company?
The median Days Inventory among Farm & Heavy Construction Machinery companies is 126.87, based on 208 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. Nikko Co's current Days Inventory of 131.44 is 3.6% 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 Nikko Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Inventory is 126.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nikko Co's current Days Inventory is 131.44, which is 32% above median its own 10-year median of 99.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikko Co stock overvalued right now?
Based on GuruFocus' analysis, Nikko Co (TSE:6306) is currently considered Modestly Overvalued. The stock's GF Value™ is 円831.35, compared to a current price of 円941.00 — trading 13.2% above its estimated fair value. The current Days Inventory is 131.44, which is 32% above median its 10-year median of 99.91 and 3.6% above the Farm & Heavy Construction Machinery industry median of 126.87. Nikko Co's overall GF Score™ is 87/100 with 7 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 Nikko Co (TSE:6306), the current Days Inventory is 131.44 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 Nikko Co (TSE:6306) Overvalued in 2026?

Based on GuruFocus' analysis, Nikko Co stock appears to be overvalued. The current stock price of 円941.00 is trading 13.2% above its estimated GF Value™ of 円831.35. GuruFocus considers Nikko Co to be Modestly Overvalued.

Key valuation signals for TSE:6306:

  • Days Inventory: 131.44 (32% above median its 10-year median of 99.91)
  • GF Value™: 円831.35 vs. price of 円941.00 (13.2% above fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 3.6% above the Farm & Heavy Construction Machinery median (#122 of 208)

No single metric tells the full story. See the TSE:6306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikko Co Business Description

Address 1013 Eijima, Okubo-cho, Hyogo, Akashi, JPN, 674-8585
Nikko Co Ltd manufactures and sells asphalt and concrete equipment in Japan. The products of the company are used in the construction industry.
87GF Score

Get the complete analysis for TSE:6306

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

円941.00
Price
円831.35
GF Value