Nichia Steel Works (TSE:5658) Change In Inventory: 円984 Mil (TTM As of Mar. 2026)

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TSE:5658 Nichia Steel Works Ltd TSE:5658
68 GF Score
Price 円382.00
GF Value 円326.77
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Nichia Steel Works Change In Inventory?

Nichia Steel Works TSE:5658 +2.69% 68 Change In Inventory is 円984 Mil as of Mar. 2026. GuruFocus rates TSE:5658 with a GF Score™ of 68/100 and a GF Value™ of 円326.77 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Nichia Steel Works's change in inventory for the quarter that ended in Mar. 2026 was 円442 Mil. It means Nichia Steel Works's inventory declined by 円442 Mil from Sep. 2025 to Mar. 2026 .

Nichia Steel Works's change in inventory for the fiscal year that ended in Mar. 2026 was 円984 Mil. It means Nichia Steel Works's inventory declined by 円984 Mil from Mar. 2025 to Mar. 2026 .

Nichia Steel Works's Total Inventories for the quarter that ended in Mar. 2026 was 円10,361 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nichia Steel Works's Days Inventory for the quarter that ended in Mar. 2026 was 138.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nichia Steel Works's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.31.

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. Nichia Steel Works's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.61.

Nichia Steel Works  (TSE:5658) Change In Inventory Explanation

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

Nichia Steel Works's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=10578.409/13908.385*365 / 2
=138.81

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

Nichia Steel Works's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=13908.385 / 10578.409
=1.31

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.

Nichia Steel Works's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=10578.409 / 17248.681
=0.61

* 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.

Nichia Steel Works Change In Inventory Related Terms

Nichia Steel Works Change In Inventory Historical Data

* Premium members only.

The historical data trend for Nichia Steel Works'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.

Nichia Steel Works Change In Inventory Chart

Nichia Steel Works 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 -2,285.49 -1,577.92 886.73 -327.92 984.17

Nichia Steel Works Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1,088.50 -726.35 398.43 541.68 442.49
TSE:5658
68GF Score
Nichia Steel Works Ltd TSE:5658
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Nichia Steel Works 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 semi-annually data reported by the company within the most recent 12 months, which was 円984 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 円984 Mil mean?
Nichia Steel Works (TSE:5658) has a Change In Inventory of 円984 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Nichia Steel Works and its competitors.
Is Nichia Steel Works' Change In Inventory too high?
Nichia Steel Works' current Change In Inventory is 円984 Mil. Overall, Nichia Steel Works has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nichia Steel Works' Change In Inventory compare to SNA and RBC?
Nichia Steel Works' Change In Inventory of 円984 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Inventory depends on the Industrial Products 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 Nichia Steel Works and its competitors. Nichia Steel Works's current Change In Inventory is 円984 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichia Steel Works stock overvalued right now?
Based on GuruFocus' analysis, Nichia Steel Works (TSE:5658) is currently considered Modestly Overvalued. The stock's GF Value™ is 円326.77, compared to a current price of 円382.00 — trading 16.9% above its estimated fair value. The current Change In Inventory is 円984 Mil. Nichia Steel Works' overall GF Score™ is 68/100 with 7 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 Nichia Steel Works (TSE:5658), the current Change In Inventory is 円984 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 Nichia Steel Works (TSE:5658) Overvalued in 2026?

Based on GuruFocus' analysis, Nichia Steel Works stock appears to be overvalued. The current stock price of 円382.00 is trading 16.9% above its estimated GF Value™ of 円326.77. GuruFocus considers Nichia Steel Works to be Modestly Overvalued.

Key valuation signals for TSE:5658:

  • Change In Inventory: 円984 Mil
  • GF Value™: 円326.77 vs. price of 円382.00 (16.9% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the TSE:5658 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nichia Steel Works Business Description

Address 6-74 Doui, Hyogo, Amagasaki, JPN, 660-0083
Nichia Steel Works Ltd is a manufacturer of steel wire products, fasteners and related products. The products are used in various fields such as construction and civil infrastructure. It offers low carbon steel wire products, hard drawn steel wire products, fasteners & special products and other special finished products.
68GF Score

Get the complete analysis for TSE:5658

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

円382.00
Price
円326.77
GF Value