Nitto Seimo Co (NGO:3524) Inventory Turnover: 1.03 (As of Apr. 2026)

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NGO:3524 Nitto Seimo Co Ltd NGO:3524
60 GF Score
Price 円1,472.00
GF Value 円1,655.52
! 7 Warning Signs
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What is Nitto Seimo Co Inventory Turnover?

Nitto Seimo Co NGO:3524 60 Inventory Turnover is 1.03 as of Apr. 2026. GuruFocus rates NGO:3524 with a GF Score™ of 60/100 and a GF Value™ of 円1,655.52. The stock has 7 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. Nitto Seimo Co's Cost of Goods Sold for the six months ended in Apr. 2026 was 円9,177 Mil. Nitto Seimo Co's Average Total Inventories for the quarter that ended in Apr. 2026 was 円8,914 Mil. Nitto Seimo Co's Inventory Turnover for the quarter that ended in Apr. 2026 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nitto Seimo Co's Days Inventory for the six months ended in Apr. 2026 was 177.27.

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. Nitto Seimo Co's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.79.

Nitto Seimo Co  (NGO:3524) 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.

Nitto Seimo Co's Days Inventory for the six months ended in Apr. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=8914.169/9177.077*365 / 2
=177.27

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.

Nitto Seimo Co's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=8914.169 / 11213.887
=0.79

* 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.

Nitto Seimo Co Inventory Turnover Related Terms

Nitto Seimo Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nitto Seimo Co'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.

Nitto Seimo Co Inventory Turnover Chart

Nitto Seimo Co Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.23 2.24 2.26 2.16 2.09

Nitto Seimo Co Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 1.15 1.04 1.08 1.02 1.03
NGO:3524
60GF Score
Nitto Seimo Co Ltd NGO:3524
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitto Seimo Co Inventory Turnover Calculation

Nitto Seimo Co's Inventory Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Inventory Turnover (A: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Apr. 2026 ) / ((Total Inventories (A: Apr. 2025 ) + Total Inventories (A: Apr. 2026 )) / count )
=18041.578 / ((8375.705 + 8884.217) / 2 )
=18041.578 / 8629.961
=2.09

Nitto Seimo Co's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover (Q: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2026 ) / ((Total Inventories (Q: Oct. 2025 ) + Total Inventories (Q: Apr. 2026 )) / count )
=9177.077 / ((8944.121 + 8884.217) / 2 )
=9177.077 / 8914.169
=1.03

* 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 1.03 mean?
Nitto Seimo Co (NGO:3524) has a Inventory Turnover of 1.03 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nitto Seimo Co and its competitors.
Is Nitto Seimo Co's Inventory Turnover too high?
Nitto Seimo Co's current Inventory Turnover is 1.03. Overall, Nitto Seimo Co has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Nitto Seimo Co's Inventory Turnover compare to competitors?
Nitto Seimo Co's Inventory Turnover of 1.03 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Nitto Seimo Co and its competitors. Nitto Seimo Co's current Inventory Turnover is 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Seimo Co stock overvalued right now?
Nitto Seimo Co (NGO:3524) has a current Inventory Turnover of 1.03. The stock's GF Value™ is 円1,655.52, compared to a current price of 円1,472.00 — trading 11.1% below its estimated fair value. The current Inventory Turnover is 1.03. Nitto Seimo Co's overall GF Score™ is 60/100 with 7 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 Nitto Seimo Co (NGO:3524), the current Inventory Turnover is 1.03 as of Apr. 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 Nitto Seimo Co (NGO:3524) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Seimo Co stock appears to be undervalued. The current stock price of 円1,472.00 is trading 11.1% below its estimated GF Value™ of 円1,655.52.

Key valuation signals for NGO:3524:

  • Inventory Turnover: 1.03
  • GF Value™: 円1,655.52 vs. price of 円1,472.00 (11.1% below fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the NGO:3524 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nitto Seimo Co Business Description

Other Exchanges 3524:Japan
Address 2-20-15 Shimbashi, Minato-ku, Tokyo, JPN
Nitto Seimo Co Ltd is engaged in manufacturing and sales of knotless nets, knotted nets, minnow nets, and ropes for fishery and onshore use and sales of laborsaving machinery and equipment for vessels and fishing operation as well as marine products.
60GF Score

Get the complete analysis for NGO:3524

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

円1,472.00
Price
円1,655.52
GF Value