Lasertec (TSE:6920) Days Inventory: 811.16 (As of Mar. 2026) — 66% Above Median

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TSE:6920 Lasertec Corp TSE:6920
94 GF Score
Price 円44,770.00
GF Value 円30,407.38
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Lasertec Days Inventory?

Lasertec TSE:6920 +0.88% 94 Days Inventory is 811.16 as of Mar. 2026, which is 66% above its 10-year median of 487.19. GuruFocus rates TSE:6920 with a GF Score™ of 94/100 and a GF Value™ of 円30,407.38 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 982 Semiconductors companies, Lasertec ranks worse than 96.44% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Lasertec's Average Total Inventories for the three months ended in Mar. 2026 was 円163,157 Mil. Lasertec's Cost of Goods Sold for the three months ended in Mar. 2026 was 円18,354 Mil. Hence, Lasertec's Days Inventory for the three months ended in Mar. 2026 was 811.16.

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

TSE:6920' s Days Inventory Range Over the Past 10 Years
Min: 287.27   Med: 487.19   Max: 679.3
Current: 604.89

During the past 13 years, Lasertec's highest Days Inventory was 679.30. The lowest was 287.27. And the median was 487.19.

TSE:6920's Days Inventory is ranked worse than
96.44% of 982 companies
in the Semiconductors industry
Industry Median: 112.2 vs TSE:6920: 604.89

Lasertec's Days Inventory declined from Mar. 2025 (883.56) to Mar. 2026 (811.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lasertec's Inventory Turnover for the three months ended in Mar. 2026 was 0.11.

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. Lasertec's Inventory-to-Revenue for the three months ended in Mar. 2026 was 3.95.


Lasertec  (TSE:6920) 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.

Lasertec'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.

Lasertec'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.


Lasertec Days Inventory Related Terms


Lasertec Days Inventory Historical Data

* Premium members only.

The historical data trend for Lasertec'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.

Lasertec Days Inventory Chart

Lasertec Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 482.07 676.90 679.30 541.29 585.94

Lasertec 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 883.56 502.41 723.45 497.56 811.16

TSE:6920 vs AMAT, LRCX, KLAC: Days Inventory Comparison

For the Semiconductor Equipment & Materials subindustry, Lasertec'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.


Lasertec Days Inventory vs Semiconductors Industry

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

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


TSE:6920
94GF Score
Lasertec Corp TSE:6920
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lasertec Days Inventory Calculation

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

Lasertec's Days Inventory for the fiscal year that ended in Jun. 2025 is calculated as

Days Inventory (A: Jun. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (162401 + 169005) / 2 ) / 103221*365
=165703 / 103221*365
=585.94

Lasertec'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
=( (161838 + 164475) / 2 ) / 18354*365 / 4
=163156.5 / 18354*365 / 4
=811.16

* 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 811.16 mean?
Lasertec (TSE:6920) has a Days Inventory of 811.16 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lasertec and its competitors. This is 66% above median its historical median of 487.19. Over the past decade, Lasertec's Days Inventory has ranged from 287.27 to 679.30. According to the industry distribution chart, Lasertec ranks #947 out of 982 companies in the Semiconductors industry, placing it in the top 96.4%.
Is Lasertec's Days Inventory too high?
Lasertec's current Days Inventory of 811.16 is 66% above median its 10-year median of 487.19. Over the past 10 years, this metric has ranged from a low of 287.27 to a high of 679.30. The Semiconductors industry median Days Inventory is 112.20. Lasertec's value of 811.16 is 623% above this industry median. Based on the distribution chart, Lasertec ranks #947 out of 982 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Lasertec has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lasertec's Days Inventory compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Lasertec ranks #947 out of 982 companies for Days Inventory. This places Lasertec in the lower half of its industry. The industry median Days Inventory is 112.20. Lasertec's value of 811.16 is 623% above this benchmark. Historically, Lasertec's own Days Inventory has ranged from 287.27 to 679.30 over the past decade. While the company's 10-year median is 487.19 vs. the industry median of 112.20, Lasertec 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 Semiconductors company?
The median Days Inventory among Semiconductors companies is 112.20, based on 982 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. Lasertec's current Days Inventory of 811.16 is 623% 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 Lasertec and its competitors. For the Semiconductors industry, the median Days Inventory is 112.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lasertec's current Days Inventory is 811.16, which is 66% above median its own 10-year median of 487.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lasertec stock overvalued right now?
Based on GuruFocus' analysis, Lasertec (TSE:6920) is currently considered Significantly Overvalued. The stock's GF Value™ is 円30,407.38, compared to a current price of 円44,770.00 — trading 47.2% above its estimated fair value. The current Days Inventory is 811.16, which is 66% above median its 10-year median of 487.19 and 623% above the Semiconductors industry median of 112.20. Lasertec's overall GF Score™ is 94/100 with 1 warning sign 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 Lasertec (TSE:6920), the current Days Inventory is 811.16 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 Lasertec (TSE:6920) Overvalued in 2026?

Based on GuruFocus' analysis, Lasertec stock appears to be overvalued. The current stock price of 円44,770.00 is trading 47.2% above its estimated GF Value™ of 円30,407.38. GuruFocus considers Lasertec to be Significantly Overvalued.

Key valuation signals for TSE:6920:

  • Days Inventory: 811.16 (66% above median its 10-year median of 487.19)
  • GF Value™: 円30,407.38 vs. price of 円44,770.00 (47.2% above fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 623% above the Semiconductors median (#947 of 982)

No single metric tells the full story. See the TSE:6920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lasertec Business Description

Address 2-10-1 Shin-Yokohama, Kohoku-ku, Kanagawa Prefecture, Yokohama, JPN, 222-8552
Lasertec Corp is a Japan-based company mainly engaged in the design, manufacture, and sale of inspection and measurement equipment. The company focuses on providing optical inspection systems and related technologies. The company's main products include semiconductor-related equipment such as photomasks and wafer inspection or measurement systems, SiC wafer inspection equipment for the energy and environment sector, FPD photomask inspection systems, and hybrid laser microscopes.
94GF Score

Get the complete analysis for TSE:6920

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

円44,770.00
Price
円30,407.38
GF Value