Horai Co (TSE:9679) Days Inventory: 19.19 (As of Mar. 2026) — 20% Above Median

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TSE:9679 Horai Co Ltd TSE:9679
74 GF Score
Price 円2,306.00
GF Value 円1,964.73
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Horai Co Days Inventory?

Horai Co TSE:9679 +0.13% 74 Days Inventory is 19.19 as of Mar. 2026, which is 20% above its 10-year median of 16.03. GuruFocus rates TSE:9679 with a GF Score™ of 74/100 and a GF Value™ of 円1,964.73 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 16 Insurance companies, Horai Co ranks worse than 56.25% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Horai Co's Average Total Inventories for the three months ended in Mar. 2026 was 円248 Mil. Horai Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円1,181 Mil. Hence, Horai Co's Days Inventory for the three months ended in Mar. 2026 was 19.19.

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

TSE:9679' s Days Inventory Range Over the Past 10 Years
Min: 15.22   Med: 16.03   Max: 17.47
Current: 17.47

During the past 13 years, Horai Co's highest Days Inventory was 17.47. The lowest was 15.22. And the median was 16.03.

TSE:9679's Days Inventory is ranked worse than
56.25% of 16 companies
in the Insurance industry
Industry Median: 13.175 vs TSE:9679: 17.47

Horai Co's Days Inventory increased from Mar. 2025 (0.00) to Mar. 2026 (19.19). It might indicate that Horai Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Horai Co's Inventory Turnover for the three months ended in Mar. 2026 was 4.75.

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. Horai Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.17.


Horai Co  (TSE:9679) 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.

Horai 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.

Horai 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.


Horai Co Days Inventory Related Terms


Horai Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Horai 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.

Horai Co Days Inventory Chart

Horai Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.23 15.22 16.72 17.04 15.99

Horai Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 18.38 14.84 17.60 19.19

TSE:9679 vs BRK.A, AIG, HIG: Days Inventory Comparison

For the Insurance - Diversified subindustry, Horai 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.


Horai Co Days Inventory vs Insurance Industry

For the Insurance industry and Financial Services sector, Horai Co's Days Inventory distribution charts can be found below:

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


TSE:9679
74GF Score
Horai Co Ltd TSE:9679
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Horai Co Days Inventory Calculation

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

Horai Co's Days Inventory for the fiscal year that ended in Sep. 2025 is calculated as

Days Inventory (A: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (196.417 + 213.043) / 2 ) / 4672.727*365
=204.73 / 4672.727*365
=15.99

Horai 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
=( (251.093 + 245.749) / 2 ) / 1180.991*365 / 4
=248.421 / 1180.991*365 / 4
=19.19

* 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 19.19 mean?
Horai Co (TSE:9679) has a Days Inventory of 19.19 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Horai Co and its competitors. This is 20% above median its historical median of 16.03. Over the past decade, Horai Co's Days Inventory has ranged from 15.22 to 17.47. According to the industry distribution chart, Horai Co ranks #9 out of 16 companies in the Insurance industry, placing it in the top 56.2%.
Is Horai Co's Days Inventory too high?
Horai Co's current Days Inventory of 19.19 is 20% above median its 10-year median of 16.03. Over the past 10 years, this metric has ranged from a low of 15.22 to a high of 17.47. The Insurance industry median Days Inventory is 13.18. Horai Co's value of 19.19 is 45.7% above this industry median. Based on the distribution chart, Horai Co ranks #9 out of 16 companies in the Insurance industry, which is below the industry midpoint. Overall, Horai Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horai Co's Days Inventory compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Horai Co ranks #9 out of 16 companies for Days Inventory. This places Horai Co in the lower half of its industry. The industry median Days Inventory is 13.18. Horai Co's value of 19.19 is 45.7% above this benchmark. Historically, Horai Co's own Days Inventory has ranged from 15.22 to 17.47 over the past decade. While the company's 10-year median is 16.03 vs. the industry median of 13.18, Horai Co 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 an Insurance company?
The median Days Inventory among Insurance companies is 13.18, based on 16 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. Horai Co's current Days Inventory of 19.19 is 45.7% 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 Horai Co and its competitors. For the Insurance industry, the median Days Inventory is 13.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horai Co's current Days Inventory is 19.19, which is 20% above median its own 10-year median of 16.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horai Co stock overvalued right now?
Based on GuruFocus' analysis, Horai Co (TSE:9679) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,964.73, compared to a current price of 円2,306.00 — trading 17.4% above its estimated fair value. The current Days Inventory is 19.19, which is 20% above median its 10-year median of 16.03 and 45.7% above the Insurance industry median of 13.18. Horai Co's overall GF Score™ is 74/100 with 4 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 Horai Co (TSE:9679), the current Days Inventory is 19.19 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 Horai Co (TSE:9679) Overvalued in 2026?

Based on GuruFocus' analysis, Horai Co stock appears to be overvalued. The current stock price of 円2,306.00 is trading 17.4% above its estimated GF Value™ of 円1,964.73. GuruFocus considers Horai Co to be Modestly Overvalued.

Key valuation signals for TSE:9679:

  • Days Inventory: 19.19 (20% above median its 10-year median of 16.03)
  • GF Value™: 円1,964.73 vs. price of 円2,306.00 (17.4% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 45.7% above the Insurance median (#9 of 16)

No single metric tells the full story. See the TSE:9679 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Horai Co Business Description

Address 1-8-12, Nihonbashi-Horidome-cho, Chuo-ku, Tokyo, JPN, 103-0012
Horai Co Ltd is engaged in the insurance agency business, rental property operation and management, real estate buying and selling and brokerage, feed production, dairy cow breeding, production and sales of milk and dairy products, operation of restaurants and tourist facilities, and operation of golf courses. The company is mainly engaged in Insurance business.
74GF Score

Get the complete analysis for TSE:9679

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

円2,306.00
Price
円1,964.73
GF Value