Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MeiwaTSE:8103 +0.56%76 Days Inventory is 15.86 as of Mar. 2026, which is 19% below its 10-year median of 19.70. GuruFocus rates TSE:8103 with a GF Score™ of 76/100 and a GF Value™ of 円755.49 (Modestly Overvalued). Among 154 Industrial Distribution companies, Meiwa ranks better than 92.86% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Meiwa's Average Total Inventories for the
six
months ended in Mar. 2026 was 円7,028 Mil. Meiwa's Cost of Goods Sold for the
six
months ended in Mar. 2026 was 円80,857 Mil.
Hence, Meiwa's Days Inventory for the
six
months ended in Mar. 2026 was 15.86.
The historical rank and industry rank for Meiwa's Days Inventory or its related term are showing as below:
TSE:8103'
s Days Inventory Range Over the Past 10 Years
Min: 15.58 Med: 19.7 Max: 22.51
Current: 17.02
During the past 13 years, Meiwa's highest Days Inventory was 22.51. The lowest was 15.58. And the median was 19.70.
TSE:8103's Days Inventory is ranked better than 92.86% of 154
companies
in the Industrial Distribution industry
Industry Median: 91.475
vs TSE:8103: 17.02
Meiwa's Days Inventory
declined
from Mar. 2025 (18.42) to Mar. 2026 (15.86).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Meiwa's Inventory Turnover for the
six
months ended in Mar. 2026 was 11.51.
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.
Meiwa's Inventory-to-Revenue for the
six
months ended in Mar. 2026 was 0.08.
Meiwa (TSE:8103) 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.
Meiwa'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.
Meiwa'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.
Meiwa Days Inventory Related Terms
Meiwa Days Inventory Historical Data
* Premium members only.
The historical data trend for Meiwa'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.
TSE:8103 vs GWW, FAST, FERG: Days Inventory Comparison
For the Industrial Distribution subindustry, Meiwa'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.
Meiwa Days Inventory vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Meiwa's Days Inventory distribution charts can be found below:
* The bar in red indicates where Meiwa'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.
Meiwa (TSE:8103) has a Days Inventory of 15.86 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Meiwa and its competitors. This is 19% below median its historical median of 19.70. Over the past decade, Meiwa's Days Inventory has ranged from 15.58 to 22.51. According to the industry distribution chart, Meiwa ranks #11 out of 154 companies in the Industrial Distribution industry, placing it in the top 7.1%.
Is Meiwa's Days Inventory too high?
Meiwa's current Days Inventory of 15.86 is 19% below median its 10-year median of 19.70. Over the past 10 years, this metric has ranged from a low of 15.58 to a high of 22.51. The Industrial Distribution industry median Days Inventory is 91.48. Meiwa's value of 15.86 is 82.7% below this industry median. Based on the distribution chart, Meiwa ranks #11 out of 154 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Meiwa has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meiwa's Days Inventory compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Meiwa ranks #11 out of 154 companies for Days Inventory. This places Meiwa in the top 7% of its industry — outperforming the majority of peers. The industry median Days Inventory is 91.48. Meiwa's value of 15.86 is 82.7% below this benchmark. Historically, Meiwa's own Days Inventory has ranged from 15.58 to 22.51 over the past decade. While the company's 10-year median is 19.70 vs. the industry median of 91.48, Meiwa 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 Distribution company?
The median Days Inventory among Industrial Distribution companies is 91.48, based on 154 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. Meiwa's current Days Inventory of 15.86 is 82.7% 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 Meiwa and its competitors. For the Industrial Distribution industry, the median Days Inventory is 91.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meiwa's current Days Inventory is 15.86, which is 19% below median its own 10-year median of 19.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meiwa stock overvalued right now?
Based on GuruFocus' analysis, Meiwa (TSE:8103) is currently considered Modestly Overvalued. The stock's GF Value™ is 円755.49, compared to a current price of 円905.00 — trading 19.8% above its estimated fair value. The current Days Inventory is 15.86, which is 19% below median its 10-year median of 19.70 and 82.7% below the Industrial Distribution industry median of 91.48. Meiwa's overall GF Score™ is 76/100. 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 Meiwa (TSE:8103), the current Days Inventory is 15.86 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 Meiwa (TSE:8103) Overvalued in 2026?
Based on GuruFocus' analysis, Meiwa stock appears to be overvalued.
The current stock price of 円905.00 is trading 19.8% above its estimated GF Value™ of 円755.49.
GuruFocus considers Meiwa to be Modestly Overvalued.
Key valuation signals for TSE:8103:
Days Inventory: 15.86 (19% below median its 10-year median of 19.70)
GF Value™: 円755.49 vs. price of 円905.00 (19.8% above fair value)
Industry Position: 82.7% below the Industrial Distribution median (#11 of 154)
No single metric tells the full story. See the TSE:8103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meiwa Corp is a Japan-based company. Along with its subsidiaries, the company operates in the following reportable segments: First Business, Second Business, Third Business, Battery and Automotive Business Division, and Others. Maximum revenue for the group is generated from the Third Business segment, which offers film products, papermaking chemicals, adhesives, synthetic resin raw materials, synthetic resin products, and inorganic chemicals. The First Business is engaged in trading earths and rare metals, flame retardants, heat insulation, waterproofing, and interior materials. Second Business represents its petroleum products business, covering lubricants to base oil, and additives, and the Battery and Automotive division invests in battery materials and offers automotive parts.
76GF Score
Get the complete analysis for TSE:8103
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8103 has been successfully added to your 
