Tosei (TSE:8923) Days Inventory: 963.80 (As of May. 2026) — 49% Above Median


TSE:8923 Tosei Corp TSE:8923
87 GF Score
Price 円1,747.00
GF Value 円1,669.27
Valuation Fairly Valued
! 5 Warning Signs
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What is Tosei Days Inventory?

Tosei TSE:8923 +0.46% 87 Days Inventory is 963.80 as of May. 2026, which is 49% above its 10-year median of 646.24. GuruFocus rates TSE:8923 with a GF Score™ of 87/100 and a GF Value™ of 円1,669.27 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,320 Real Estate companies, Tosei ranks worse than 56.06% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Tosei's Average Total Inventories for the three months ended in May. 2026 was 円159,748 Mil. Tosei's Cost of Goods Sold for the three months ended in May. 2026 was 円15,125 Mil. Hence, Tosei's Days Inventory for the three months ended in May. 2026 was 963.80.

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

TSE:8923' s Days Inventory Range Over the Past 10 Years
Min: 516.19   Med: 646.24   Max: 1056.42
Current: 825.47

During the past 13 years, Tosei's highest Days Inventory was 1056.42. The lowest was 516.19. And the median was 646.24.

TSE:8923's Days Inventory is ranked worse than
56.06% of 1320 companies
in the Real Estate industry
Industry Median: 692.15 vs TSE:8923: 825.47

Tosei's Days Inventory declined from May. 2025 (1,225.62) to May. 2026 (963.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tosei's Inventory Turnover for the three months ended in May. 2026 was 0.09.

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. Tosei's Inventory-to-Revenue for the three months ended in May. 2026 was 6.27.


Tosei  (TSE:8923) 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.

Tosei's Inventory Turnover for the three months ended in May. 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.

Tosei's Inventory to Revenue for the three months ended in May. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=159747.854 / 25458.708
=6.27

* 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.


Tosei Days Inventory Related Terms


Tosei Days Inventory Historical Data

* Premium members only.

The historical data trend for Tosei'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.

Tosei Days Inventory Chart

Tosei Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 670.07 721.09 792.78 1,029.36 1,056.42

Tosei Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1,225.62 1,366.15 3,240.77 373.93 963.80

Tosei Days Inventory Competitor Comparison

For the Real Estate - Diversified subindustry, Tosei'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.


Tosei Days Inventory vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tosei's Days Inventory distribution charts can be found below:

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


TSE:8923
87GF Score
Tosei Corp TSE:8923
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Tosei Days Inventory Calculation

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

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

Days Inventory (A: Nov. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2024 ) + Total Inventories (A: Nov. 2025 )) / count ) / Cost of Goods Sold (A: Nov. 2025 )*Days in Period
=( (146817.328 + 170357.783) / 2 ) / 54793.054*365
=158587.5555 / 54793.054*365
=1,056.42

Tosei's Days Inventory for the quarter that ended in May. 2026 is calculated as:

Days Inventory (Q: May. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2026 ) + Total Inventories (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (159524.395 + 159971.313) / 2 ) / 15124.563*365 / 4
=159747.854 / 15124.563*365 / 4
=963.80

* 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 963.80 mean?
Tosei (TSE:8923) has a Days Inventory of 963.80 as of May. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tosei and its competitors. This is 49% above median its historical median of 646.24. Over the past decade, Tosei's Days Inventory has ranged from 516.19 to 1,056.42. According to the industry distribution chart, Tosei ranks #740 out of 1320 companies in the Real Estate industry, placing it in the top 56.1%.
Is Tosei's Days Inventory too high?
Tosei's current Days Inventory of 963.80 is 49% above median its 10-year median of 646.24. Over the past 10 years, this metric has ranged from a low of 516.19 to a high of 1,056.42. The Real Estate industry median Days Inventory is 692.15. Tosei's value of 963.80 is 39.2% above this industry median. Based on the distribution chart, Tosei ranks #740 out of 1320 companies in the Real Estate industry, which is below the industry midpoint. Overall, Tosei has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tosei's Days Inventory compare to competitors?
According to the Real Estate industry distribution chart, Tosei ranks #740 out of 1320 companies for Days Inventory. This places Tosei in the lower half of its industry. The industry median Days Inventory is 692.15. Tosei's value of 963.80 is 39.2% above this benchmark. Historically, Tosei's own Days Inventory has ranged from 516.19 to 1,056.42 over the past decade. While the company's 10-year median is 646.24 vs. the industry median of 692.15, Tosei 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 Real Estate company?
The median Days Inventory among Real Estate companies is 692.15, based on 1,320 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. Tosei's current Days Inventory of 963.80 is 39.2% 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 Tosei and its competitors. For the Real Estate industry, the median Days Inventory is 692.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tosei's current Days Inventory is 963.80, which is 49% above median its own 10-year median of 646.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosei stock overvalued right now?
Based on GuruFocus' analysis, Tosei (TSE:8923) is currently considered Fairly Valued. The stock's GF Value™ is 円1,669.27, compared to a current price of 円1,747.00 — trading 4.7% above its estimated fair value. The current Days Inventory is 963.80, which is 49% above median its 10-year median of 646.24 and 39.2% above the Real Estate industry median of 692.15. Tosei's overall GF Score™ is 87/100 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 Tosei (TSE:8923), the current Days Inventory is 963.80 as of May. 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 Tosei (TSE:8923) Overvalued in 2026?

Based on GuruFocus' analysis, Tosei stock appears to be overvalued. The current stock price of 円1,747.00 is trading 4.7% above its estimated GF Value™ of 円1,669.27. GuruFocus considers Tosei to be Fairly Valued.

Key valuation signals for TSE:8923:

  • Days Inventory: 963.80 (49% above median its 10-year median of 646.24)
  • GF Value™: 円1,669.27 vs. price of 円1,747.00 (4.7% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 39.2% above the Real Estate median (#740 of 1320)

No single metric tells the full story. See the TSE:8923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tosei Business Description

Other Exchanges TOETF:USA
Address 5-4 Shibaura 4-chome, Toranomon Tosei Building, Minato-ku, Tokyo, JPN, 105-0001
Tosei Corp is a diversified real estate company based in Japan. It is engaged in selling condominiums, detached houses, rental condominiums, and office buildings to individual customers and investors; providing asset management services for real estate funds, leasing properties; operating a real estate revitalization business; and operating hotels, among other activities. Along with its subsidiaries, the company operates in the following reportable segments: Real Estate Revitalization, Real Estate Development, Real Estate Leasing, Real Estate Fund and Consulting, Real Estate Management, and Hotel. Maximum revenue is generated from its Real Estate Revitalization Business, which revitalizes and sells properties with deteriorated asset value.
87GF Score

Get the complete analysis for TSE:8923

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

円1,747.00
Price
円1,669.27
GF Value