Nippon Avionics Co (TSE:6946) Days Inventory: 73.21 (As of Mar. 2026) — 30% Below Median


TSE:6946 Nippon Avionics Co Ltd TSE:6946
85 GF Score
Price 円4,945.00
GF Value 円4,245.31
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nippon Avionics Co Days Inventory?

Nippon Avionics Co TSE:6946 +1.02% 85 Days Inventory is 73.21 as of Mar. 2026, which is 30% below its 10-year median of 104.93. GuruFocus rates TSE:6946 with a GF Score™ of 85/100 and a GF Value™ of 円4,245.31 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,962 Industrial Products companies, Nippon Avionics Co ranks better than 67.83% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nippon Avionics Co's Average Total Inventories for the three months ended in Mar. 2026 was 円5,024 Mil. Nippon Avionics Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円6,262 Mil. Hence, Nippon Avionics Co's Days Inventory for the three months ended in Mar. 2026 was 73.21.

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

TSE:6946' s Days Inventory Range Over the Past 10 Years
Min: 84.74   Med: 104.93   Max: 112.83
Current: 88.4

During the past 13 years, Nippon Avionics Co's highest Days Inventory was 112.83. The lowest was 84.74. And the median was 104.93.

TSE:6946's Days Inventory is ranked better than
67.83% of 2962 companies
in the Industrial Products industry
Industry Median: 119.47 vs TSE:6946: 88.40

Nippon Avionics Co's Days Inventory declined from Mar. 2025 (91.90) to Mar. 2026 (73.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Avionics Co's Inventory Turnover for the three months ended in Mar. 2026 was 1.25.

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. Nippon Avionics Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.53.


Nippon Avionics Co  (TSE:6946) 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.

Nippon Avionics Co'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.

Nippon Avionics Co'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.


Nippon Avionics Co Days Inventory Related Terms


Nippon Avionics Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Nippon Avionics 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.

Nippon Avionics Co Days Inventory Chart

Nippon Avionics 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 102.96 100.34 106.90 109.23 84.74

Nippon Avionics Co 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 91.90 116.30 82.40 98.47 73.21

TSE:6946 vs VRT, BE: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, Nippon Avionics 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.


Nippon Avionics Co Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nippon Avionics Co's Days Inventory distribution charts can be found below:

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


TSE:6946
85GF Score
Nippon Avionics Co Ltd TSE:6946
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Avionics Co Days Inventory Calculation

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

Nippon Avionics 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
=( (4246 + 4893) / 2 ) / 19682*365
=4569.5 / 19682*365
=84.74

Nippon Avionics 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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5155 + 4893) / 2 ) / 6262*365 / 4
=5024 / 6262*365 / 4
=73.21

* 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 73.21 mean?
Nippon Avionics Co (TSE:6946) has a Days Inventory of 73.21 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nippon Avionics Co and its competitors. This is 30% below median its historical median of 104.93. Over the past decade, Nippon Avionics Co's Days Inventory has ranged from 84.74 to 112.83. According to the industry distribution chart, Nippon Avionics Co ranks #953 out of 2962 companies in the Industrial Products industry, placing it in the top 32.2%.
Is Nippon Avionics Co's Days Inventory too high?
Nippon Avionics Co's current Days Inventory of 73.21 is 30% below median its 10-year median of 104.93. Over the past 10 years, this metric has ranged from a low of 84.74 to a high of 112.83. The Industrial Products industry median Days Inventory is 119.47. Nippon Avionics Co's value of 73.21 is 38.7% below this industry median. Based on the distribution chart, Nippon Avionics Co ranks #953 out of 2962 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nippon Avionics Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Avionics Co's Days Inventory compare to VRT and BE?
According to the Industrial Products industry distribution chart, Nippon Avionics Co ranks #953 out of 2962 companies for Days Inventory. This puts Nippon Avionics Co in the upper half of its industry. The industry median Days Inventory is 119.47. Nippon Avionics Co's value of 73.21 is 38.7% below this benchmark. Historically, Nippon Avionics Co's own Days Inventory has ranged from 84.74 to 112.83 over the past decade. While the company's 10-year median is 104.93 vs. the industry median of 119.47, Nippon Avionics Co has consistently been below 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,962 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. Nippon Avionics Co's current Days Inventory of 73.21 is 38.7% below 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 Nippon Avionics Co and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Avionics Co's current Days Inventory is 73.21, which is 30% below median its own 10-year median of 104.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Avionics Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Avionics Co (TSE:6946) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,245.31, compared to a current price of 円4,945.00 — trading 16.5% above its estimated fair value. The current Days Inventory is 73.21, which is 30% below median its 10-year median of 104.93 and 38.7% below the Industrial Products industry median of 119.47. Nippon Avionics Co's overall GF Score™ is 85/100 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 Nippon Avionics Co (TSE:6946), the current Days Inventory is 73.21 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 Nippon Avionics Co (TSE:6946) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Avionics Co stock appears to be overvalued. The current stock price of 円4,945.00 is trading 16.5% above its estimated GF Value™ of 円4,245.31. GuruFocus considers Nippon Avionics Co to be Modestly Overvalued.

Key valuation signals for TSE:6946:

  • Days Inventory: 73.21 (30% below median its 10-year median of 104.93)
  • GF Value™: 円4,245.31 vs. price of 円4,945.00 (16.5% above fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 38.7% below the Industrial Products median (#953 of 2962)

No single metric tells the full story. See the TSE:6946 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Avionics Co Business Description

Address Gotanda Kowa Building, 8-1-5, Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-0031
Nippon Avionics Co Ltd is a manufacturer of electronics equipment. The company is organized into three major business segments - Information System, Joining Equipment, and Infrared Thermography. Information System business provides device products and packaging technologies adopted for the development, manufacture and maintenance of various defence system equipment. The Micro Joining Equipment business active in the manufacture of electronic equipment and electronic parts. It offers a wide range of solutions including welding, soldering, thermocompression bonding, thermal caulking, sealing and ultrasonic bonding. The Infrared Thermography business develops, manufactures and sells infrared thermography camera that visualizes heat.
85GF Score

Get the complete analysis for TSE:6946

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

円4,945.00
Price
円4,245.31
GF Value