Toyo Electric (NGO:6655) Inventory Turnover: 2.54 (As of Mar. 2026)

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NGO:6655 Toyo Electric Corp NGO:6655
64 GF Score
Price 円792.00
GF Value 円805.32
Valuation Fairly Valued
! 3 Warning Signs
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What is Toyo Electric Inventory Turnover?

Toyo Electric NGO:6655 -1.86% 64 Inventory Turnover is 2.54 as of Mar. 2026. GuruFocus rates NGO:6655 with a GF Score™ of 64/100 and a GF Value™ of 円805.32 (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. Toyo Electric's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,661 Mil. Toyo Electric's Average Total Inventories for the quarter that ended in Mar. 2026 was 円1,443 Mil. Toyo Electric's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Toyo Electric's Days Inventory for the six months ended in Mar. 2026 was 71.91.

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 Electric's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.28.

Toyo Electric  (NGO:6655) 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 Electric'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
=1442.696/3661.27*365 / 2
=71.91

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 Electric'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 )
=1442.696 / 5116.847
=0.28

* 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 Electric Inventory Turnover Related Terms

Toyo Electric Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Toyo Electric'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.

Toyo Electric Inventory Turnover Chart

Toyo Electric 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 5.58 4.23 3.82 4.42 4.49

Toyo Electric 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 1.96 1.92 2.24 1.84 2.54
NGO:6655
64GF Score
Toyo Electric Corp NGO:6655
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Toyo Electric Inventory Turnover Calculation

Toyo Electric'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 )
=6347.871 / ((1432.296 + 1395.88) / 2 )
=6347.871 / 1414.088
=4.49

Toyo Electric'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 )
=3661.27 / ((1489.512 + 1395.88) / 2 )
=3661.27 / 1442.696
=2.54

* 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 2.54 mean?
Toyo Electric (NGO:6655) has a Inventory Turnover of 2.54 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 Electric and its competitors.
Is Toyo Electric's Inventory Turnover too high?
Toyo Electric's current Inventory Turnover is 2.54. Overall, Toyo Electric has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Electric's Inventory Turnover compare to VRT and BE?
Toyo Electric's Inventory Turnover of 2.54 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 Electric and its competitors. Toyo Electric's current Inventory Turnover is 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Electric stock overvalued right now?
Based on GuruFocus' analysis, Toyo Electric (NGO:6655) is currently considered Fairly Valued. The stock's GF Value™ is 円805.32, compared to a current price of 円792.00 — trading 1.7% below its estimated fair value. The current Inventory Turnover is 2.54. Toyo Electric's overall GF Score™ is 64/100 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 Toyo Electric (NGO:6655), the current Inventory Turnover is 2.54 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 Electric (NGO:6655) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Electric stock appears to be undervalued. The current stock price of 円792.00 is trading 1.7% below its estimated GF Value™ of 円805.32. GuruFocus considers Toyo Electric to be Fairly Valued.

Key valuation signals for NGO:6655:

  • Inventory Turnover: 2.54
  • GF Value™: 円805.32 vs. price of 円792.00 (1.7% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the NGO:6655 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Toyo Electric Business Description

Address 2-156 Ajiyoshi-cho, Aichi, Kasugai, JPN, 486-8585
Toyo Electric Corp is a Japan based company engaged in the manufacture and maintenance of switchboards and transformers. The company provides monitoring and control equipment, distribution boards, transformers, sensors, equipment for solutions, and manufactures and sells switchboards and elevator sensors, and the Company outsources the manufacturing of products and sells and purchases raw materials.
64GF Score

Get the complete analysis for NGO:6655

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

円792.00
Price
円805.32
GF Value