Nihon Denkei Co (TSE:9908) Days Inventory: 14.88 (As of Mar. 2026) — 20% Above Median

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TSE:9908 Nihon Denkei Co Ltd TSE:9908
82 GF Score
Price 円2,871.00
GF Value 円2,543.65
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nihon Denkei Co Days Inventory?

Nihon Denkei Co TSE:9908 +2.06% 82 Days Inventory is 14.88 as of Mar. 2026, which is 20% above its 10-year median of 12.36. GuruFocus rates TSE:9908 with a GF Score™ of 82/100 and a GF Value™ of 円2,543.65 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 669 Business Services companies, Nihon Denkei Co ranks better than 54.86% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Nihon Denkei Co's Average Total Inventories for the three months ended in Mar. 2026 was 円6,526 Mil. Nihon Denkei Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円40,026 Mil. Hence, Nihon Denkei Co's Days Inventory for the three months ended in Mar. 2026 was 14.88.

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

TSE:9908' s Days Inventory Range Over the Past 10 Years
Min: 9.09   Med: 12.36   Max: 20.4
Current: 20.4

During the past 13 years, Nihon Denkei Co's highest Days Inventory was 20.40. The lowest was 9.09. And the median was 12.36.

TSE:9908's Days Inventory is ranked better than
54.86% of 669 companies
in the Business Services industry
Industry Median: 25.69 vs TSE:9908: 20.40

Nihon Denkei Co's Days Inventory increased from Mar. 2025 (0.00) to Mar. 2026 (14.88). It might indicate that Nihon Denkei Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nihon Denkei Co's Inventory Turnover for the three months ended in Mar. 2026 was 6.13.

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. Nihon Denkei Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.14.


Nihon Denkei Co  (TSE:9908) 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.

Nihon Denkei 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.

Nihon Denkei 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.


Nihon Denkei Co Days Inventory Related Terms


Nihon Denkei Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Nihon Denkei 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.

Nihon Denkei Co Days Inventory Chart

Nihon Denkei Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.67 17.99 20.18 19.70 16.78

Nihon Denkei Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 26.74 25.18 22.94 14.88 21.14

TSE:9908 vs URI, SUNB, AER: Days Inventory Comparison

For the Rental & Leasing Services subindustry, Nihon Denkei 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.


Nihon Denkei Co Days Inventory vs Business Services Industry

For the Business Services industry and Industrials sector, Nihon Denkei Co's Days Inventory distribution charts can be found below:

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


TSE:9908
82GF Score
Nihon Denkei Co Ltd TSE:9908
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Denkei Co Days Inventory Calculation

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

Nihon Denkei Co's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (5653.138 + 4889.039) / 2 ) / 114679.062*365
=5271.0885 / 114679.062*365
=16.78

Nihon Denkei 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
=( (8163.951 + 4889.039) / 2 ) / 40025.85*365 / 4
=6526.495 / 40025.85*365 / 4
=14.88

* 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 14.88 mean?
Nihon Denkei Co (TSE:9908) has a Days Inventory of 14.88 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nihon Denkei Co and its competitors. This is 20% above median its historical median of 12.36. Over the past decade, Nihon Denkei Co's Days Inventory has ranged from 9.09 to 20.40. According to the industry distribution chart, Nihon Denkei Co ranks #302 out of 669 companies in the Business Services industry, placing it in the top 45.1%.
Is Nihon Denkei Co's Days Inventory too high?
Nihon Denkei Co's current Days Inventory of 14.88 is 20% above median its 10-year median of 12.36. Over the past 10 years, this metric has ranged from a low of 9.09 to a high of 20.40. The Business Services industry median Days Inventory is 25.69. Nihon Denkei Co's value of 14.88 is 42.1% below this industry median. Based on the distribution chart, Nihon Denkei Co ranks #302 out of 669 companies in the Business Services industry, which is above the industry midpoint. Overall, Nihon Denkei Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Denkei Co's Days Inventory compare to URI and SUNB?
According to the Business Services industry distribution chart, Nihon Denkei Co ranks #302 out of 669 companies for Days Inventory. This puts Nihon Denkei Co in the upper half of its industry. The industry median Days Inventory is 25.69. Nihon Denkei Co's value of 14.88 is 42.1% below this benchmark. Historically, Nihon Denkei Co's own Days Inventory has ranged from 9.09 to 20.40 over the past decade. While the company's 10-year median is 12.36 vs. the industry median of 25.69, Nihon Denkei 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 Business Services company?
The median Days Inventory among Business Services companies is 25.69, based on 669 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. Nihon Denkei Co's current Days Inventory of 14.88 is 42.1% 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 Nihon Denkei Co and its competitors. For the Business Services industry, the median Days Inventory is 25.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nihon Denkei Co's current Days Inventory is 14.88, which is 20% above median its own 10-year median of 12.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Denkei Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Denkei Co (TSE:9908) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,543.65, compared to a current price of 円2,871.00 — trading 12.9% above its estimated fair value. The current Days Inventory is 14.88, which is 20% above median its 10-year median of 12.36 and 42.1% below the Business Services industry median of 25.69. Nihon Denkei Co's overall GF Score™ is 82/100 with 2 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 Nihon Denkei Co (TSE:9908), the current Days Inventory is 14.88 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 Nihon Denkei Co (TSE:9908) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Denkei Co stock appears to be overvalued. The current stock price of 円2,871.00 is trading 12.9% above its estimated GF Value™ of 円2,543.65. GuruFocus considers Nihon Denkei Co to be Modestly Overvalued.

Key valuation signals for TSE:9908:

  • Days Inventory: 14.88 (20% above median its 10-year median of 12.36)
  • GF Value™: 円2,543.65 vs. price of 円2,871.00 (12.9% above fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 42.1% below the Business Services median (#302 of 669)

No single metric tells the full story. See the TSE:9908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Denkei Co Business Description

Address ND Building 5-14-12 ueno, Taito-ku, Tokyo, JPN, 110-0005
Nihon Denkei Co Ltd is engaged in the leasing and rental business of electronic measuring instruments, system equipment, electronic parts, and others. Its three reportable segments being Japan, China, and Other, including Southeast Asia. It derives maximum revenue from Japan.
82GF Score

Get the complete analysis for TSE:9908

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

円2,871.00
Price
円2,543.65
GF Value