Nireco (TSE:6863) Days Inventory: 211.81 (As of Mar. 2026) — 41% Above Median


TSE:6863 Nireco Corp TSE:6863
86 GF Score
Price 円2,726.00
GF Value 円1,857.17
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nireco Days Inventory?

Nireco TSE:6863 86 Days Inventory is 211.81 as of Mar. 2026, which is 41% above its 10-year median of 149.80. GuruFocus rates TSE:6863 with a GF Score™ of 86/100 and a GF Value™ of 円1,857.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,414 Hardware companies, Nireco ranks worse than 86.66% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nireco's Average Total Inventories for the six months ended in Mar. 2026 was 円4,176 Mil. Nireco's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,598 Mil. Hence, Nireco's Days Inventory for the six months ended in Mar. 2026 was 211.81.

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

TSE:6863' s Days Inventory Range Over the Past 10 Years
Min: 119.7   Med: 149.8   Max: 228.69
Current: 226.26

During the past 13 years, Nireco's highest Days Inventory was 228.69. The lowest was 119.70. And the median was 149.80.

TSE:6863's Days Inventory is ranked worse than
86.66% of 2414 companies
in the Hardware industry
Industry Median: 94.18 vs TSE:6863: 226.26

Nireco's Days Inventory increased from Mar. 2025 (211.25) to Mar. 2026 (211.81). It might indicate that Nireco's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nireco's Inventory Turnover for the six months ended in Mar. 2026 was 0.86.

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. Nireco's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.70.


Nireco  (TSE:6863) 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.

Nireco'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.

Nireco'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.


Nireco Days Inventory Related Terms


Nireco Days Inventory Historical Data

* Premium members only.

The historical data trend for Nireco'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.

Nireco Days Inventory Chart

Nireco 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 157.73 182.73 203.26 217.57 228.69

Nireco 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 200.49 234.47 211.25 240.91 211.81

TSE:6863 vs COHR, KEYS, GRMN: Days Inventory Comparison

For the Scientific & Technical Instruments subindustry, Nireco'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.


Nireco Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Nireco's Days Inventory distribution charts can be found below:

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


TSE:6863
86GF Score
Nireco Corp TSE:6863
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nireco Days Inventory Calculation

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

Nireco'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
=( (3915.499 + 4350.797) / 2 ) / 6596.698*365
=4133.148 / 6596.698*365
=228.69

Nireco'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
=( (4001.187 + 4350.797) / 2 ) / 3598.064*365 / 2
=4175.992 / 3598.064*365 / 2
=211.81

* 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 211.81 mean?
Nireco (TSE:6863) has a Days Inventory of 211.81 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nireco and its competitors. This is 41% above median its historical median of 149.80. Over the past decade, Nireco's Days Inventory has ranged from 119.70 to 228.69. According to the industry distribution chart, Nireco ranks #2092 out of 2414 companies in the Hardware industry, placing it in the top 86.7%.
Is Nireco's Days Inventory too high?
Nireco's current Days Inventory of 211.81 is 41% above median its 10-year median of 149.80. Over the past 10 years, this metric has ranged from a low of 119.70 to a high of 228.69. The Hardware industry median Days Inventory is 94.18. Nireco's value of 211.81 is 124.9% above this industry median. Based on the distribution chart, Nireco ranks #2092 out of 2414 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nireco has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nireco's Days Inventory compare to COHR and KEYS?
According to the Hardware industry distribution chart, Nireco ranks #2092 out of 2414 companies for Days Inventory. This places Nireco in the lower half of its industry. The industry median Days Inventory is 94.18. Nireco's value of 211.81 is 124.9% above this benchmark. Historically, Nireco's own Days Inventory has ranged from 119.70 to 228.69 over the past decade. While the company's 10-year median is 149.80 vs. the industry median of 94.18, Nireco 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 Hardware company?
The median Days Inventory among Hardware companies is 94.18, based on 2,414 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. Nireco's current Days Inventory of 211.81 is 124.9% 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 Nireco and its competitors. For the Hardware industry, the median Days Inventory is 94.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nireco's current Days Inventory is 211.81, which is 41% above median its own 10-year median of 149.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nireco stock overvalued right now?
Based on GuruFocus' analysis, Nireco (TSE:6863) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,857.17, compared to a current price of 円2,726.00 — trading 46.8% above its estimated fair value. The current Days Inventory is 211.81, which is 41% above median its 10-year median of 149.80 and 124.9% above the Hardware industry median of 94.18. Nireco's overall GF Score™ is 86/100 with 4 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 Nireco (TSE:6863), the current Days Inventory is 211.81 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 Nireco (TSE:6863) Overvalued in 2026?

Based on GuruFocus' analysis, Nireco stock appears to be overvalued. The current stock price of 円2,726.00 is trading 46.8% above its estimated GF Value™ of 円1,857.17. GuruFocus considers Nireco to be Significantly Overvalued.

Key valuation signals for TSE:6863:

  • Days Inventory: 211.81 (41% above median its 10-year median of 149.80)
  • GF Value™: 円1,857.17 vs. price of 円2,726.00 (46.8% above fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 124.9% above the Hardware median (#2092 of 2414)

No single metric tells the full story. See the TSE:6863 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nireco Business Description

Address 2951-4 Ishikawacho, Hachioji, Tokyo, JPN
Nireco Corp is engaged in the development, manufacture and sale of control, measurement and inspection equipment for a wide range of industries, from steel and chemicals to food and printing. Its reportable segments include: Process business; Web business; Inspection machine business; and Optics business.
86GF Score

Get the complete analysis for TSE:6863

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

円2,726.00
Price
円1,857.17
GF Value