HSYDF (Harmonic Drive Systems) Inventory Turnover: 0.91 (As of Mar. 2026)

What is Harmonic Drive Systems Inventory Turnover?

Harmonic Drive Systems HSYDF -6.92% 69 Inventory Turnover is 0.91 as of Mar. 2026. GuruFocus rates HSYDF with a GF Score™ of 69/100 and a GF Value™ of $24.20 (Significantly Overvalued). The stock has 10 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. Harmonic Drive Systems's Cost of Goods Sold for the three months ended in Mar. 2026 was $73.8 Mil. Harmonic Drive Systems's Average Total Inventories for the quarter that ended in Mar. 2026 was $80.7 Mil. Harmonic Drive Systems's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Harmonic Drive Systems's Days Inventory for the three months ended in Mar. 2026 was 99.73.

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. Harmonic Drive Systems's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.74.

Harmonic Drive Systems (OTCPK:HSYDF) 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.

Harmonic Drive Systems'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
	=	80.678	/	73.819	*	365 / 4
	=	99.73

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.

Harmonic Drive Systems'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 )
	=	80.678	/	109.49
	=	0.74

* 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.

Harmonic Drive Systems Inventory Turnover Related Terms

Harmonic Drive Systems Inventory Turnover Historical Data

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The historical data trend for Harmonic Drive Systems's Inventory Turnover can be seen below:

Harmonic Drive Systems Inventory Turnover Chart

Harmonic Drive Systems Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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4.39

3.96

3.02

3.25

3.22

Harmonic Drive Systems 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															0.89	0.78	0.81	0.76	0.91

69GF Score

Harmonic Drive Systems Inc HSYDF

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

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Harmonic Drive Systems Inventory Turnover Calculation

Harmonic Drive Systems'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 )
=	261.052	/ (	(83.888	+	78.179)	/	2 )
=	261.052	/	81.0335
=	3.22

Harmonic Drive Systems'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 )
=	73.819	/ (	(83.177	+	78.179)	/	2 )
=	73.819	/	80.678
=	0.91

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.91 mean?

Harmonic Drive Systems (HSYDF) has a Inventory Turnover of 0.91 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Harmonic Drive Systems and its competitors.

Is Harmonic Drive Systems' Inventory Turnover too high?

Harmonic Drive Systems' current Inventory Turnover is 0.91. Overall, Harmonic Drive Systems has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Harmonic Drive Systems' Inventory Turnover compare to GEV and ETN?

Harmonic Drive Systems' Inventory Turnover of 0.91 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 Harmonic Drive Systems and its competitors. Harmonic Drive Systems's current Inventory Turnover is 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Harmonic Drive Systems stock overvalued right now?

Based on GuruFocus' analysis, Harmonic Drive Systems (HSYDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.20, compared to a current price of $44.88 — trading 85.4% above its estimated fair value. The current Inventory Turnover is 0.91. Harmonic Drive Systems' overall GF Score™ is 69/100 with 10 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 Harmonic Drive Systems (HSYDF), the current Inventory Turnover is 0.91 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 Harmonic Drive Systems (HSYDF) Overvalued in 2026?

Based on GuruFocus' analysis, Harmonic Drive Systems stock appears to be overvalued. The current stock price of $44.88 is trading 85.4% above its estimated GF Value™ of $24.20. GuruFocus considers Harmonic Drive Systems to be Significantly Overvalued.

Key valuation signals for HSYDF:

Inventory Turnover: 0.91
GF Value™: $24.20 vs. price of $44.88 (85.4% above fair value)
GF Score™: 69/100 with 10 warning signs

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

Harmonic Drive Systems Business Description

Industry Industrials Industrial Products

Comparable Companies TSE:6465 TSE:6134 TSE:6268 TSE:6845 TSE:6302 TSE:6481 TSE:5631 TSE:6113 TSE:6141 TSE:6728 GEV XTER:SIE XPAR:SU XTER:ENR ETN PH OSTO:ATCO A CMI EMR TSE:7011

Other Exchanges 6324:Japan K3R:Germany

Address 6-25-3 Minami-Oi, Shinagawa-ku, Tokyo, JPN, 140-0013

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

Harmonic Drive Systems manufactures and sells high-precision reduction gears (harmonic reducers) under the Harmonic Drive brand as well as other mechatronics products, including rotary actuators, linear actuators, and AC servo motors. The company also provides planetary gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo, Japan.

69GF Score

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$44.88

Price

$24.20

GF Value

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