Toyo Kanetsu KK (FRA:TQ2) Inventory Turnover: 2.01 (As of Mar. 2026)

Author:

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.

View Profile →

Reviewed by:

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.

View Profile →

Toyo Kanetsu KK FRA:TQ2

What is Toyo Kanetsu KK Inventory Turnover?

Toyo Kanetsu KK FRA:TQ2 80 Inventory Turnover is 2.01 as of Mar. 2026. GuruFocus rates FRA:TQ2 with a GF Score™ of 80/100 and a GF Value™ of €12.22. The stock has 2 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. Toyo Kanetsu KK's Cost of Goods Sold for the three months ended in Mar. 2026 was €75.7 Mil. Toyo Kanetsu KK's Average Total Inventories for the quarter that ended in Mar. 2026 was €37.7 Mil. Toyo Kanetsu KK's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Toyo Kanetsu KK's Days Inventory for the three months ended in Mar. 2026 was 45.40.

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. Toyo Kanetsu KK's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.41.

Toyo Kanetsu KK (FRA:TQ2) 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.

Toyo Kanetsu KK'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
	=	37.674	/	75.727	*	365 / 4
	=	45.40

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.

Toyo Kanetsu KK'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 )
	=	37.674	/	92.882
	=	0.41

* 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.

Toyo Kanetsu KK Inventory Turnover Related Terms

Toyo Kanetsu KK Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Toyo Kanetsu KK's Inventory Turnover can be seen below:

Toyo Kanetsu KK Inventory Turnover Chart

Toyo Kanetsu KK Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

Get a 7-Day Free Trial

7.67

7.59

6.27

7.59

6.93

Toyo Kanetsu KK 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															2.18	1.43	1.61	1.68	2.01

80GF Score

Toyo Kanetsu KK FRA:TQ2

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Toyo Kanetsu KK Inventory Turnover Calculation

Toyo Kanetsu KK'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 )
=	250.343	/ (	(36.334	+	35.917)	/	2 )
=	250.343	/	36.1255
=	6.93

Toyo Kanetsu KK'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 )
=	75.727	/ (	(39.431	+	35.917)	/	2 )
=	75.727	/	37.674
=	2.01

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.01 mean?

Toyo Kanetsu KK (FRA:TQ2) has a Inventory Turnover of 2.01 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Toyo Kanetsu KK and its competitors.

Is Toyo Kanetsu KK's Inventory Turnover too high?

Toyo Kanetsu KK's current Inventory Turnover is 2.01. Overall, Toyo Kanetsu KK has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.

How does Toyo Kanetsu KK's Inventory Turnover compare to GEV and ETN?

Toyo Kanetsu KK's Inventory Turnover of 2.01 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 Inventory Turnover for an Industrial Products company?

A good Inventory Turnover depends on the Industrial Products 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 Toyo Kanetsu KK and its competitors. Toyo Kanetsu KK's current Inventory Turnover is 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Toyo Kanetsu KK stock overvalued right now?

Toyo Kanetsu KK (FRA:TQ2) has a current Inventory Turnover of 2.01. The stock's GF Value™ is €12.22, compared to a current price of €13.00 — trading 6.4% above its estimated fair value. The current Inventory Turnover is 2.01. Toyo Kanetsu KK's overall GF Score™ is 80/100 with 2 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 Toyo Kanetsu KK (FRA:TQ2), the current Inventory Turnover is 2.01 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 Toyo Kanetsu KK (FRA:TQ2) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Kanetsu KK stock appears to be overvalued. The current stock price of €13.00 is trading 6.4% above its estimated GF Value™ of €12.22.

Key valuation signals for FRA:TQ2:

Inventory Turnover: 2.01
GF Value™: €12.22 vs. price of €13.00 (6.4% above fair value)
GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the FRA:TQ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Toyo Kanetsu KK Business Description

Industry Industrials Industrial Products

Comparable Companies TSE:6125 TSE:7438 TSE:6240 TSE:6272 TSE:9906 TSE:6151 TSE:6144 TSE:6137 TSE:6357 TSE:7607 GEV XTER:SIE XPAR:SU ETN XTER:ENR PH CMI OSTO:ATCO A EMR ITW

Other Exchanges 6369:Japan

Address 11-1, Minamisuna 2-chome, Koto-ku, Tokyo, JPN, 136-8666

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

Toyo Kanetsu KK produces and sells industrial furnaces. It operates in two reportable segments which include Plant and machinery segment and Material handling system segment. Plant and machinery comprise of designing, manufacturing, installation of storage tanks for LNG (Liquefied natural gas), crude oil and other gases and liquids whereas Material handling system segment is engaged in the development, designing and installation of distribution system especially for sorting, picking and conveyance. The business activity of the group is operated by Japan, Southeast Asia, Oceania, and Internationally.

80GF Score

Get the complete analysis for FRA:TQ2

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

€13.00

Price

€12.22

GF Value

View FRA:TQ2 Analysis

See Inventory Turnover data for all stocks →