Daitobo CoNGO:3202 56 Quick Ratio is 1.04 as of Mar. 2026, which is 2% below its 10-year median of 1.06. GuruFocus rates NGO:3202 with a GF Score™ of 56/100 and a GF Value™ of 円106.50 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Daitobo Co ranks worse than 52.01% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Daitobo Co's quick ratio for the quarter that ended in Mar. 2026 was 1.04.
Daitobo Co has a quick ratio of 1.04. It generally indicates good short-term financial strength.
The historical rank and industry rank for Daitobo Co's Quick Ratio or its related term are showing as below:
NGO:3202'
s Quick Ratio Range Over the Past 10 Years
Min: 0.24 Med: 1.06 Max: 1.68
Current: 1.04
During the past 13 years, Daitobo Co's highest Quick Ratio was 1.68. The lowest was 0.24. And the median was 1.06.
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Daitobo Co Quick Ratio Related Terms
Daitobo Co Quick Ratio Historical Data
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The historical data trend for Daitobo Co's Quick Ratio 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.
For the Textile Manufacturing subindustry, Daitobo Co's Quick Ratio, along with its competitors' market caps and Quick Ratio 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.
Daitobo Co Quick Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Daitobo Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Daitobo Co's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Daitobo Co's Quick Ratio for the fiscal year that 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.
Daitobo Co (NGO:3202) has a Quick Ratio of 1.04 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Daitobo Co and its competitors. This is near median its historical median of 1.06. Over the past decade, Daitobo Co's Quick Ratio has ranged from 0.24 to 1.68. According to the industry distribution chart, Daitobo Co ranks #555 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 52%.
Is Daitobo Co's Quick Ratio too high?
Daitobo Co's current Quick Ratio of 1.04 is near median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.68. The Manufacturing - Apparel & Accessories industry median Quick Ratio is 1.10. Daitobo Co's value of 1.04 is 5.5% below this industry median. Based on the distribution chart, Daitobo Co ranks #555 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Daitobo Co has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daitobo Co's Quick Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Daitobo Co ranks #555 out of 1067 companies for Quick Ratio. This places Daitobo Co in the lower half of its industry. The industry median Quick Ratio is 1.10. Daitobo Co's value of 1.04 is 5.5% below this benchmark. Historically, Daitobo Co's own Quick Ratio has ranged from 0.24 to 1.68 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.10, Daitobo 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 Quick Ratio for a Manufacturing - Apparel & Accessories company?
The median Quick Ratio among Manufacturing - Apparel & Accessories companies is 1.10, based on 1,067 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Daitobo Co's current Quick Ratio of 1.04 is 5.5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Daitobo Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Quick Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daitobo Co's current Quick Ratio is 1.04, which is near median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daitobo Co stock overvalued right now?
Based on GuruFocus' analysis, Daitobo Co (NGO:3202) is currently considered Modestly Overvalued. The stock's GF Value™ is 円106.50, compared to a current price of 円132.00 — trading 23.9% above its estimated fair value. The current Quick Ratio is 1.04, which is near median its 10-year median of 1.06 and 5.5% below the Manufacturing - Apparel & Accessories industry median of 1.10. Daitobo Co's overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Daitobo Co (NGO:3202), the current Quick Ratio is 1.04 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 Daitobo Co (NGO:3202) Overvalued in 2026?
Based on GuruFocus' analysis, Daitobo Co stock appears to be overvalued.
The current stock price of 円132.00 is trading 23.9% above its estimated GF Value™ of 円106.50.
GuruFocus considers Daitobo Co to be Modestly Overvalued.
Key valuation signals for NGO:3202:
Quick Ratio: 1.04 (near median its 10-year median of 1.06)
GF Value™: 円106.50 vs. price of 円132.00 (23.9% above fair value)
Industry Position: 5.5% below the Manufacturing - Apparel & Accessories median (#555 of 1067)
No single metric tells the full story. See the NGO:3202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daitobo Co Ltd is engaged as a manufacturer of apparel fashion products, healthcare products, commercial facility and real estate business, and overseas business development.
56GF Score
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