Tokyo Electron Device (FRA:8VR) Change In Inventory: €25 Mil (TTM As of Mar. 2026)

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.

FRA:8VR Tokyo Electron Device Ltd FRA:8VR
69 GF Score
Price €20.19
GF Value €16.62
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tokyo Electron Device Change In Inventory?

Tokyo Electron Device FRA:8VR +4.57% 69 Change In Inventory is €25 Mil as of Mar. 2026. GuruFocus rates FRA:8VR with a GF Score™ of 69/100 and a GF Value™ of €16.62 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Tokyo Electron Device's change in inventory for the quarter that ended in Mar. 2026 was €-2 Mil. It means Tokyo Electron Device's inventory increased by €2 Mil from Dec. 2025 to Mar. 2026 .

Tokyo Electron Device's change in inventory for the fiscal year that ended in Mar. 2026 was €24 Mil. It means Tokyo Electron Device's inventory declined by €24 Mil from Mar. 2025 to Mar. 2026 .

Tokyo Electron Device's Total Inventories for the quarter that ended in Mar. 2026 was €267 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tokyo Electron Device's Days Inventory for the quarter that ended in Mar. 2026 was 93.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tokyo Electron Device's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.97.

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. Tokyo Electron Device's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.86.

Tokyo Electron Device  (FRA:8VR) Change In Inventory Explanation

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

Tokyo Electron Device's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=265.957/258.476*365 / 4
=93.89

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tokyo Electron Device's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=258.476 / 265.957
=0.97

3. 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.

Tokyo Electron Device's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=265.957 / 310.889
=0.86

* 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.

Tokyo Electron Device Change In Inventory Related Terms

Tokyo Electron Device Change In Inventory Historical Data

* Premium members only.

The historical data trend for Tokyo Electron Device's Change In 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.

Tokyo Electron Device Change In Inventory Chart

Tokyo Electron Device Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.44 -108.46 -76.56 23.38 23.83

Tokyo Electron Device Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In 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 50.67 19.29 -4.54 13.01 -2.35
FRA:8VR
69GF Score
Tokyo Electron Device Ltd FRA:8VR
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Electron Device Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €25 Mil.

* 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 Change In Inventory →
What does a Change In Inventory of €25 Mil mean?
Tokyo Electron Device (FRA:8VR) has a Change In Inventory of €25 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Tokyo Electron Device and its competitors.
Is Tokyo Electron Device's Change In Inventory too high?
Tokyo Electron Device's current Change In Inventory is €25 Mil. Overall, Tokyo Electron Device has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron Device's Change In Inventory compare to APH and GLW?
Tokyo Electron Device's Change In Inventory of €25 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Hardware company?
A good Change In Inventory depends on the Hardware industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Tokyo Electron Device and its competitors. Tokyo Electron Device's current Change In Inventory is €25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electron Device stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron Device (FRA:8VR) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.62, compared to a current price of €20.19 — trading 21.5% above its estimated fair value. The current Change In Inventory is €25 Mil. Tokyo Electron Device's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Tokyo Electron Device (FRA:8VR), the current Change In Inventory is €25 Mil 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 Tokyo Electron Device (FRA:8VR) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Electron Device stock appears to be overvalued. The current stock price of €20.19 is trading 21.5% above its estimated GF Value™ of €16.62. GuruFocus considers Tokyo Electron Device to be Modestly Overvalued.

Key valuation signals for FRA:8VR:

  • Change In Inventory: €25 Mil
  • GF Value™: €16.62 vs. price of €20.19 (21.5% above fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the FRA:8VR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tokyo Electron Device Business Description

Other Exchanges 2760:Japan
Address Yokohama East Square, 1-4, Kinko-cho, Kanagawa-ku, Yokohama, JPN, 221-0056
Tokyo Electron Device Ltd is engaged in the sales of semiconductor products, board computer products, software and other electronic components. It is also involved in the business of network and security solutions, storage solutions, and software solutions.
69GF Score

Get the complete analysis for FRA:8VR

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

€20.19
Price
€16.62
GF Value