Nittoh (NGO:1738) Inventory Turnover: 4.31 (As of Mar. 2026)

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NGO:1738 Nittoh Corp NGO:1738
72 GF Score
Price 円568.00
GF Value 円596.44
Valuation Fairly Valued
! 3 Warning Signs
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What is Nittoh Inventory Turnover?

Nittoh NGO:1738 -0.70% 72 Inventory Turnover is 4.31 as of Mar. 2026. GuruFocus rates NGO:1738 with a GF Score™ of 72/100 and a GF Value™ of 円596.44 (Fairly Valued). The stock has 3 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. Nittoh's Cost of Goods Sold for the six months ended in Mar. 2026 was 円4,337 Mil. Nittoh's Average Total Inventories for the quarter that ended in Mar. 2026 was 円1,007 Mil. Nittoh's Inventory Turnover for the quarter that ended in Mar. 2026 was 4.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nittoh's Days Inventory for the six months ended in Mar. 2026 was 42.36.

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. Nittoh's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.18.

Nittoh  (NGO:1738) 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.

Nittoh's Days Inventory for the six 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
=1006.816/4337.227*365 / 2
=42.36

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.

Nittoh'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 )
=1006.816 / 5745.365
=0.18

* 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.

Nittoh Inventory Turnover Related Terms

Nittoh Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nittoh'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.

Nittoh Inventory Turnover Chart

Nittoh 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 7.65 7.50 7.18 7.21 8.07

Nittoh Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.57 3.83 3.71 3.61 4.31
NGO:1738
72GF Score
Nittoh Corp NGO:1738
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nittoh Inventory Turnover Calculation

Nittoh'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 )
=8298.642 / ((1119.322 + 938.422) / 2 )
=8298.642 / 1028.872
=8.07

Nittoh'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=4337.227 / ((1075.21 + 938.422) / 2 )
=4337.227 / 1006.816
=4.31

* 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 4.31 mean?
Nittoh (NGO:1738) has a Inventory Turnover of 4.31 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nittoh and its competitors.
Is Nittoh's Inventory Turnover too high?
Nittoh's current Inventory Turnover is 4.31. Overall, Nittoh has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoh's Inventory Turnover compare to PWR and FIX?
Nittoh's Inventory Turnover of 4.31 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Nittoh and its competitors. Nittoh's current Inventory Turnover is 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoh stock overvalued right now?
Based on GuruFocus' analysis, Nittoh (NGO:1738) is currently considered Fairly Valued. The stock's GF Value™ is 円596.44, compared to a current price of 円568.00 — trading 4.8% below its estimated fair value. The current Inventory Turnover is 4.31. Nittoh's overall GF Score™ is 72/100 with 3 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 Nittoh (NGO:1738), the current Inventory Turnover is 4.31 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 Nittoh (NGO:1738) Overvalued in 2026?

Based on GuruFocus' analysis, Nittoh stock appears to be undervalued. The current stock price of 円568.00 is trading 4.8% below its estimated GF Value™ of 円596.44. GuruFocus considers Nittoh to be Fairly Valued.

Key valuation signals for NGO:1738:

  • Inventory Turnover: 4.31
  • GF Value™: 円596.44 vs. price of 円568.00 (4.8% below fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the NGO:1738 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nittoh Business Description

Address 3-1-8 Hirokawacho, Nakagawa-ku, Nagoya, JPN, 454-0027
NITTOH Corp is engaged in civil engineering work. Its services include renovation business, new construction business, renewal construction business, equipment business, waterproofing business, and real estate business. The company also provides house maintenance services including pest and vermin control and house cleaning services.
72GF Score

Get the complete analysis for NGO:1738

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

円568.00
Price
円596.44
GF Value