Denka Co (FRA:DIK) Inventory Turnover: 0.53 (As of Mar. 2026)

What is Denka Co Inventory Turnover?

Denka Co FRA:DIK -0.89% 54 Inventory Turnover is 0.53 as of Mar. 2026. GuruFocus rates FRA:DIK with a GF Score™ of 54/100 and a GF Value™ of €12.39 (Significantly Overvalued). The stock has 11 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. Denka Co's Cost of Goods Sold for the three months ended in Mar. 2026 was €376 Mil. Denka Co's Average Total Inventories for the quarter that ended in Mar. 2026 was €705 Mil. Denka Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Denka Co's Days Inventory for the three months ended in Mar. 2026 was 171.04.

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. Denka Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.38.

Denka Co (FRA:DIK) 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.

Denka Co'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
	=	704.6335	/	375.915	*	365 / 4
	=	171.04

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.

Denka Co'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 )
	=	704.6335	/	509.533
	=	1.38

* 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.

Denka Co Inventory Turnover Related Terms

Denka Co Inventory Turnover Historical Data

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The historical data trend for Denka Co's Inventory Turnover can be seen below:

Denka Co Inventory Turnover Chart

Denka Co Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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3.51

2.84

2.36

2.52

2.10

Denka Co 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															0.61	0.56	0.63	0.54	0.53

54GF Score

Denka Co Ltd FRA:DIK

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Denka Co Inventory Turnover Calculation

Denka Co'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 )
=	1580.778	/ (	(809.863	+	694.452)	/	2 )
=	1580.778	/	752.1575
=	2.10

Denka Co'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 )
=	375.915	/ (	(714.815	+	694.452)	/	2 )
=	375.915	/	704.6335
=	0.53

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.53 mean?

Denka Co (FRA:DIK) has a Inventory Turnover of 0.53 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Denka Co and its competitors.

Is Denka Co's Inventory Turnover too high?

Denka Co's current Inventory Turnover is 0.53. Overall, Denka Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Denka Co's Inventory Turnover compare to DOW?

Denka Co's Inventory Turnover of 0.53 can be compared against companies in the Chemicals 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 Chemicals company?

A good Inventory Turnover depends on the Chemicals 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 Denka Co and its competitors. Denka Co's current Inventory Turnover is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Denka Co stock overvalued right now?

Based on GuruFocus' analysis, Denka Co (FRA:DIK) is currently considered Significantly Overvalued. The stock's GF Value™ is €12.39, compared to a current price of €22.20 — trading 79.2% above its estimated fair value. The current Inventory Turnover is 0.53. Denka Co's overall GF Score™ is 54/100 with 11 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 Denka Co (FRA:DIK), the current Inventory Turnover is 0.53 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 Denka Co (FRA:DIK) Overvalued in 2026?

Based on GuruFocus' analysis, Denka Co stock appears to be overvalued. The current stock price of €22.20 is trading 79.2% above its estimated GF Value™ of €12.39. GuruFocus considers Denka Co to be Significantly Overvalued.

Key valuation signals for FRA:DIK:

Inventory Turnover: 0.53
GF Value™: €12.39 vs. price of €22.20 (79.2% above fair value)
GF Score™: 54/100 with 11 warning signs

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

Denka Co Business Description

Industry Basic Materials Chemicals

Comparable Companies TSE:4114 TSE:4272 TSE:4368 TSE:3405 TSE:4041 TSE:4970 TSE:4189 TSE:4220 TSE:4025 TSE:5013 TSE:4063 XTER:BAS SAU:2010 SZSE:002080 SHSE:600989 DOW SHSE:600160 TSE:4004 SHSE:600346 SZSE:002460

Other Exchanges 4061:Japan DIK:Germany

Address Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338

Website http://www.denka.co.jp

Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.

54GF Score

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€22.20

Price

€12.39

GF Value

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