Zero Co (TSE:9028) Change In Inventory: 円5,121 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.

TSE:9028 Zero Co Ltd TSE:9028
92 GF Score
Price 円3,485.00
GF Value 円2,586.45
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Zero Co Change In Inventory?

Zero Co TSE:9028 +0.43% 92 Change In Inventory is 円5,121 Mil as of Mar. 2026. GuruFocus rates TSE:9028 with a GF Score™ of 92/100 and a GF Value™ of 円2,586.45 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Zero Co's change in inventory for the quarter that ended in Mar. 2026 was 円3,764 Mil. It means Zero Co's inventory declined by 円3,764 Mil from Dec. 2025 to Mar. 2026 .

Zero Co's change in inventory for the fiscal year that ended in Jun. 2025 was 円0 Mil. It means Zero Co's inventory stayed the same from Jun. 2024 to Jun. 2025 .

Zero Co's Total Inventories for the quarter that ended in Mar. 2026 was 円4,130 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zero Co's Days Inventory for the quarter that ended in Mar. 2026 was 13.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zero Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 6.65.

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. Zero Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.13.


Zero Co  (TSE:9028) Change In Inventory Explanation

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

Zero Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=6012.5/40003*365 / 4
=13.71

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

Zero Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

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.

Zero Co's Inventory to Revenue for the quarter 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.


Zero Co Change In Inventory Related Terms


Zero Co Change In Inventory Historical Data

* Premium members only.

The historical data trend for Zero Co'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.

Zero Co Change In Inventory Chart

Zero Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -415.00 -1,674.00 -2,127.00 1,754.00 0.00

Zero Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 5,426.00 0.00 1,357.00 0.00 3,764.00
TSE:9028
92GF Score
Zero Co Ltd TSE:9028
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zero Co 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 円5,121 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5,121 Mil mean?
Zero Co (TSE:9028) has a Change In Inventory of 円5,121 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Zero Co and its competitors.
Is Zero Co's Change In Inventory too high?
Zero Co's current Change In Inventory is 円5,121 Mil. Overall, Zero Co has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zero Co's Change In Inventory compare to CVNA and PAG?
Zero Co's Change In Inventory of 円5,121 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Change In Inventory depends on the Vehicles & Parts 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 Zero Co and its competitors. Zero Co's current Change In Inventory is 円5,121 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero Co stock overvalued right now?
Based on GuruFocus' analysis, Zero Co (TSE:9028) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,586.45, compared to a current price of 円3,485.00 — trading 34.7% above its estimated fair value. The current Change In Inventory is 円5,121 Mil. Zero Co's overall GF Score™ is 92/100 with 2 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 Zero Co (TSE:9028), the current Change In Inventory is 円5,121 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 Zero Co (TSE:9028) Overvalued in 2026?

Based on GuruFocus' analysis, Zero Co stock appears to be overvalued. The current stock price of 円3,485.00 is trading 34.7% above its estimated GF Value™ of 円2,586.45. GuruFocus considers Zero Co to be Significantly Overvalued.

Key valuation signals for TSE:9028:

  • Change In Inventory: 円5,121 Mil
  • GF Value™: 円2,586.45 vs. price of 円3,485.00 (34.7% above fair value)
  • GF Score™: 92/100 with 2 warning signs

No single metric tells the full story. See the TSE:9028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zero Co Business Description

Address Solid Square West Tower 6th floor, 580 Horikawa-cho, Saiwai-ku, Kawasaki, JPN, 212-0013
Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.
92GF Score

Get the complete analysis for TSE:9028

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

円3,485.00
Price
円2,586.45
GF Value