Nippon Express Holdings (TSE:9147) Days Inventory: 2.06 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSE:9147 Nippon Express Holdings Inc TSE:9147
40 GF Score
Price 円5,588.00
GF Value 円3,024.19
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Nippon Express Holdings Days Inventory?

Nippon Express Holdings TSE:9147 +3.14% 40 Days Inventory is 2.06 as of Mar. 2026, which is 6% below its 10-year median of 2.18. GuruFocus rates TSE:9147 with a GF Score™ of 40/100 and a GF Value™ of 円3,024.19 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 802 Transportation companies, Nippon Express Holdings ranks better than 83.29% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nippon Express Holdings's Average Total Inventories for the three months ended in Mar. 2026 was 円13,367 Mil. Nippon Express Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was 円592,044 Mil. Hence, Nippon Express Holdings's Days Inventory for the three months ended in Mar. 2026 was 2.06.

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

TSE:9147' s Days Inventory Range Over the Past 10 Years
Min: 1.81   Med: 2.18   Max: 2.4
Current: 2.16

During the past 4 years, Nippon Express Holdings's highest Days Inventory was 2.40. The lowest was 1.81. And the median was 2.18.

TSE:9147's Days Inventory is ranked better than
83.29% of 802 companies
in the Transportation industry
Industry Median: 12.4 vs TSE:9147: 2.16

Nippon Express Holdings's Days Inventory declined from Mar. 2025 (2.09) to Mar. 2026 (2.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nippon Express Holdings's Inventory Turnover for the three months ended in Mar. 2026 was 44.29.

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 Express Holdings's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.02.


Nippon Express Holdings  (TSE:9147) 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 Express Holdings'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 Express Holdings'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 Express Holdings Days Inventory Related Terms


Nippon Express Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Nippon Express Holdings'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 Express Holdings Days Inventory Chart

Nippon Express Holdings Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Inventory
2.40 2.36 1.81 2.00

Nippon Express Holdings Quarterly Data
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 2.09 2.29 2.24 2.05 2.06

TSE:9147 vs UPS, FDX, JBHT: Days Inventory Comparison

For the Integrated Freight & Logistics subindustry, Nippon Express Holdings'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 Express Holdings Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Nippon Express Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nippon Express Holdings's Days Inventory falls into.


TSE:9147
40GF Score
Nippon Express Holdings Inc TSE:9147
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Express Holdings Days Inventory Calculation

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

Nippon Express Holdings's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (12650 + 12916) / 2 ) / 2334164*365
=12783 / 2334164*365
=2.00

Nippon Express Holdings'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
=( (12916 + 13817) / 2 ) / 592044*365 / 4
=13366.5 / 592044*365 / 4
=2.06

* 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 2.06 mean?
Nippon Express Holdings (TSE:9147) has a Days Inventory of 2.06 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nippon Express Holdings and its competitors. This is near median its historical median of 2.18. Over the past decade, Nippon Express Holdings' Days Inventory has ranged from 1.81 to 2.40. According to the industry distribution chart, Nippon Express Holdings ranks #134 out of 802 companies in the Transportation industry, placing it in the top 16.7%.
Is Nippon Express Holdings' Days Inventory too high?
Nippon Express Holdings' current Days Inventory of 2.06 is near median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 2.40. The Transportation industry median Days Inventory is 12.40. Nippon Express Holdings' value of 2.06 is 83.4% below this industry median. Based on the distribution chart, Nippon Express Holdings ranks #134 out of 802 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Express Holdings has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Express Holdings' Days Inventory compare to UPS and FDX?
According to the Transportation industry distribution chart, Nippon Express Holdings ranks #134 out of 802 companies for Days Inventory. This places Nippon Express Holdings in the top 17% of its industry — outperforming the majority of peers. The industry median Days Inventory is 12.40. Nippon Express Holdings' value of 2.06 is 83.4% below this benchmark. Historically, Nippon Express Holdings' own Days Inventory has ranged from 1.81 to 2.40 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 12.40, Nippon Express Holdings 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 Transportation company?
The median Days Inventory among Transportation companies is 12.40, based on 802 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 Express Holdings's current Days Inventory of 2.06 is 83.4% 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 Express Holdings and its competitors. For the Transportation industry, the median Days Inventory is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Express Holdings's current Days Inventory is 2.06, which is near median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Express Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nippon Express Holdings (TSE:9147) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,024.19, compared to a current price of 円5,588.00 — trading 84.8% above its estimated fair value. The current Days Inventory is 2.06, which is near median its 10-year median of 2.18 and 83.4% below the Transportation industry median of 12.40. Nippon Express Holdings' overall GF Score™ is 40/100 with 8 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 Express Holdings (TSE:9147), the current Days Inventory is 2.06 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 Express Holdings (TSE:9147) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Express Holdings stock appears to be overvalued. The current stock price of 円5,588.00 is trading 84.8% above its estimated GF Value™ of 円3,024.19. GuruFocus considers Nippon Express Holdings to be Significantly Overvalued.

Key valuation signals for TSE:9147:

  • Days Inventory: 2.06 (near median its 10-year median of 2.18)
  • GF Value™: 円3,024.19 vs. price of 円5,588.00 (84.8% above fair value)
  • GF Score™: 40/100 with 8 warning signs
  • Industry Position: 83.4% below the Transportation median (#134 of 802)

No single metric tells the full story. See the TSE:9147 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Express Holdings Business Description

Other Exchanges L3W:Germany
Address Kanda-Izumicho 2, Chiyoda-ku, Tokyo, JPN, 101-0024
Nippon Express Holdings Inc is engaged in the logistics business through five reportable segments: Japan, Americas, Europe, East Asia, and South Asia/Oceania. The company provides a wide range of logistics services, including railway, air, marine, and truck transportation, as well as warehousing, distribution, processing, and moving services. In addition to its core logistics operations, the group is also involved in security transport, heavy haulage and construction, and logistics support businesses, which include real estate, oil sales, and related services.
40GF Score

Get the complete analysis for TSE:9147

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

円5,588.00
Price
円3,024.19
GF Value