Tokyo Electron Device (FRA:8VR) Inventory Turnover: 0.97 (As of Mar. 2026)


FRA:8VR Tokyo Electron Device Ltd FRA:8VR
66 GF Score
Price €20.64
GF Value €16.71
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Tokyo Electron Device Inventory Turnover?

Tokyo Electron Device FRA:8VR +0.24% 66 Inventory Turnover is 0.97 as of Mar. 2026. GuruFocus rates FRA:8VR with a GF Score™ of 66/100 and a GF Value™ of €16.71 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Tokyo Electron Device's Cost of Goods Sold for the three months ended in Mar. 2026 was €258 Mil. Tokyo Electron Device's Average Total Inventories for the quarter that ended in Mar. 2026 was €266 Mil. Tokyo Electron Device's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.97.

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 three months ended in Mar. 2026 was 93.89.

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) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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 three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=265.957/258.476*365 / 4
=93.89

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=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.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Tokyo Electron Device Inventory Turnover Related Terms

Tokyo Electron Device Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Tokyo Electron Device's Inventory Turnover 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 Inventory Turnover Chart

Tokyo Electron Device Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 5.63 3.90 3.36 3.16

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
Inventory Turnover 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 0.79 0.74 0.86 0.84 0.97
FRA:8VR
66GF Score
Tokyo Electron Device Ltd FRA:8VR
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Electron Device Inventory Turnover Calculation

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

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=938.723 / ((328.074 + 266.915) / 2 )
=938.723 / 297.4945
=3.16

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

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=258.476 / ((264.999 + 266.915) / 2 )
=258.476 / 265.957
=0.97

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.97 mean?
Tokyo Electron Device (FRA:8VR) has a Inventory Turnover of 0.97 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tokyo Electron Device and its competitors.
Is Tokyo Electron Device's Inventory Turnover too high?
Tokyo Electron Device's current Inventory Turnover is 0.97. Overall, Tokyo Electron Device has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron Device's Inventory Turnover compare to APH and GLW?
Tokyo Electron Device's Inventory Turnover of 0.97 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 Inventory Turnover for a Hardware company?
A good Inventory Turnover depends on the Hardware industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tokyo Electron Device and its competitors. Tokyo Electron Device's current Inventory Turnover is 0.97. 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 €16.71, compared to a current price of €20.64 — trading 23.5% above its estimated fair value. The current Inventory Turnover is 0.97. Tokyo Electron Device's overall GF Score™ is 66/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Tokyo Electron Device (FRA:8VR), the current Inventory Turnover is 0.97 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 €20.64 is trading 23.5% above its estimated GF Value™ of €16.71. GuruFocus considers Tokyo Electron Device to be Modestly Overvalued.

Key valuation signals for FRA:8VR:

  • Inventory Turnover: 0.97
  • GF Value™: €16.71 vs. price of €20.64 (23.5% above fair value)
  • GF Score™: 66/100 with 9 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.
66GF Score

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

€20.64
Price
€16.71
GF Value