Inventory Turnover measures how fast the company turns over its inventory within a year.
Hokuriku Electric Industry Co's Inventory Turnover for the
six
months ended in Mar. 2026 was 2.10.
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.
Hokuriku Electric Industry Co's Inventory-to-Revenue for the
six
months ended in Mar. 2026 was 0.39.
Hokuriku Electric Industry Co (TSE:6989) 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.
Hokuriku Electric Industry 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.
Hokuriku Electric Industry 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.
Hokuriku Electric Industry Co Days Inventory Related Terms
Hokuriku Electric Industry Co Days Inventory Historical Data
* 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.
Hokuriku Electric Industry Co Days Inventory Chart
For the Electronic Components subindustry, Hokuriku Electric Industry 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.
Hokuriku Electric Industry Co Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, Hokuriku Electric Industry Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hokuriku Electric Industry Co's Days Inventory falls into.
* 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.
Hokuriku Electric Industry Co (TSE:6989) has a Days Inventory of 86.84 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hokuriku Electric Industry Co and its competitors. This is 27% above median its historical median of 68.57. Over the past decade, Hokuriku Electric Industry Co's Days Inventory has ranged from 59.23 to 105.73. According to the industry distribution chart, Hokuriku Electric Industry Co ranks #1139 out of 2413 companies in the Hardware industry, placing it in the top 47.2%.
Is Hokuriku Electric Industry Co's Days Inventory too high?
Hokuriku Electric Industry Co's current Days Inventory of 86.84 is 27% above median its 10-year median of 68.57. Over the past 10 years, this metric has ranged from a low of 59.23 to a high of 105.73. The Hardware industry median Days Inventory is 94.24. Hokuriku Electric Industry Co's value of 86.84 is 7.9% below this industry median. Based on the distribution chart, Hokuriku Electric Industry Co ranks #1139 out of 2413 companies in the Hardware industry, which is above the industry midpoint. Overall, Hokuriku Electric Industry Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electric Industry Co's Days Inventory compare to APH and GLW?
According to the Hardware industry distribution chart, Hokuriku Electric Industry Co ranks #1139 out of 2413 companies for Days Inventory. This puts Hokuriku Electric Industry Co in the upper half of its industry. The industry median Days Inventory is 94.24. Hokuriku Electric Industry Co's value of 86.84 is 7.9% below this benchmark. Historically, Hokuriku Electric Industry Co's own Days Inventory has ranged from 59.23 to 105.73 over the past decade. While the company's 10-year median is 68.57 vs. the industry median of 94.24, Hokuriku Electric Industry 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 a Hardware company?
The median Days Inventory among Hardware companies is 94.24, based on 2,413 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. Hokuriku Electric Industry Co's current Days Inventory of 86.84 is 7.9% 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 Hokuriku Electric Industry Co and its competitors. For the Hardware industry, the median Days Inventory is 94.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Electric Industry Co's current Days Inventory is 86.84, which is 27% above median its own 10-year median of 68.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Electric Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electric Industry Co (TSE:6989) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,561.31, compared to a current price of 円2,631.00 — trading 68.5% above its estimated fair value. The current Days Inventory is 86.84, which is 27% above median its 10-year median of 68.57 and 7.9% below the Hardware industry median of 94.24. Hokuriku Electric Industry Co's overall GF Score™ is 64/100 with 5 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 Hokuriku Electric Industry Co (TSE:6989), the current Days Inventory is 86.84 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 Hokuriku Electric Industry Co (TSE:6989) Overvalued in 2026?
Based on GuruFocus' analysis, Hokuriku Electric Industry Co stock appears to be overvalued.
The current stock price of 円2,631.00 is trading 68.5% above its estimated GF Value™ of 円1,561.31.
GuruFocus considers Hokuriku Electric Industry Co to be Significantly Overvalued.
Key valuation signals for TSE:6989:
Days Inventory: 86.84 (27% above median its 10-year median of 68.57)
GF Value™: 円1,561.31 vs. price of 円2,631.00 (68.5% above fair value)
Industry Position: 7.9% below the Hardware median (#1139 of 2413)
No single metric tells the full story. See the TSE:6989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokuriku Electric Industry Co Business Description
Hokuriku Electric Industry Co Ltd operates in development, manufacturing and sales of electronic components such as Resistors, Sensors, Modules Printed Circuit Boards, Piezoelectric Buzzers, Tactile Switches, Thermistors and Varistors.
64GF Score
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