Midac Holdings Co (NGO:6564) Inventory Turnover: 23.10 (As of Mar. 2026)

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NGO:6564 Midac Holdings Co Ltd NGO:6564
93 GF Score
Price 円2,160.00
GF Value 円2,243.98
Valuation Fairly Valued
! 5 Warning Signs
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What is Midac Holdings Co Inventory Turnover?

Midac Holdings Co NGO:6564 93 Inventory Turnover is 23.10 as of Mar. 2026. GuruFocus rates NGO:6564 with a GF Score™ of 93/100 and a GF Value™ of 円2,243.98 (Fairly Valued). The stock has 5 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. Midac Holdings Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円2,317 Mil. Midac Holdings Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円100 Mil. Midac Holdings Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 23.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Midac Holdings Co's Days Inventory for the six months ended in Mar. 2026 was 7.90.

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. Midac Holdings Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.02.


Midac Holdings Co  (NGO:6564) 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.

Midac Holdings Co'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
=100.301/2316.738*365 / 2
=7.90

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.

Midac Holdings 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 )
=100.301 / 6447.791
=0.02

* 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.


Midac Holdings Co Inventory Turnover Related Terms


Midac Holdings Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Midac Holdings 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.

Midac Holdings Co Inventory Turnover Chart

Midac Holdings Co 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 44.61 40.21 44.29 52.07 47.42

Midac Holdings Co Semi-Annual Data
Mar16 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 26.62 28.21 25.15 23.77 23.10
NGO:6564
93GF Score
Midac Holdings Co Ltd NGO:6564
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Midac Holdings Co Inventory Turnover Calculation

Midac Holdings 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 )
=4444.446 / ((82.93 + 104.513) / 2 )
=4444.446 / 93.7215
=47.42

Midac Holdings 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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=2316.738 / ((96.089 + 104.513) / 2 )
=2316.738 / 100.301
=23.10

* 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 23.10 mean?
Midac Holdings Co (NGO:6564) has a Inventory Turnover of 23.10 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Midac Holdings Co and its competitors.
Is Midac Holdings Co's Inventory Turnover too high?
Midac Holdings Co's current Inventory Turnover is 23.10. Overall, Midac Holdings Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Midac Holdings Co's Inventory Turnover compare to WM and RSG?
Midac Holdings Co's Inventory Turnover of 23.10 can be compared against companies in the Waste Management 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 Waste Management company?
A good Inventory Turnover depends on the Waste Management 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 Midac Holdings Co and its competitors. Midac Holdings Co's current Inventory Turnover is 23.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midac Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Midac Holdings Co (NGO:6564) is currently considered Fairly Valued. The stock's GF Value™ is 円2,243.98, compared to a current price of 円2,160.00 — trading 3.7% below its estimated fair value. The current Inventory Turnover is 23.10. Midac Holdings Co's overall GF Score™ is 93/100 with 5 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 Midac Holdings Co (NGO:6564), the current Inventory Turnover is 23.10 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 Midac Holdings Co (NGO:6564) Overvalued in 2026?

Based on GuruFocus' analysis, Midac Holdings Co stock appears to be undervalued. The current stock price of 円2,160.00 is trading 3.7% below its estimated GF Value™ of 円2,243.98. GuruFocus considers Midac Holdings Co to be Fairly Valued.

Key valuation signals for NGO:6564:

  • Inventory Turnover: 23.10
  • GF Value™: 円2,243.98 vs. price of 円2,160.00 (3.7% below fair value)
  • GF Score™: 93/100 with 5 warning signs

No single metric tells the full story. See the NGO:6564 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Midac Holdings Co Business Description

Other Exchanges 6564:Japan
Address 2163 Aritama Minamimachi, Higashi-ku, Shizuoka Prefecture, Hamamastu, JPN, 431-3122
Midac Holdings Co Ltd is engaged in the waste disposal business. It engages in the collection, transportation, and disposal of industrial waste, specially controlled industrial waste, and business-related general waste, household-related general waste, and consignment from local governments. It is also engaged in the recycling business.
93GF Score

Get the complete analysis for NGO:6564

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

円2,160.00
Price
円2,243.98
GF Value