NHBAF (Nichiban Co) Inventory Turnover: 0.94 (As of Mar. 2026)


NHBAF Nichiban Co Ltd NHBAF
73 GF Score
Price $12.70
GF Value $13.89
! 4 Warning Signs
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What is Nichiban Co Inventory Turnover?

Nichiban Co NHBAF 73 Inventory Turnover is 0.94 as of Mar. 2026. GuruFocus rates NHBAF with a GF Score™ of 73/100 and a GF Value™ of $13.89. The stock has 4 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. Nichiban Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $56.7 Mil. Nichiban Co's Average Total Inventories for the quarter that ended in Mar. 2026 was $60.6 Mil. Nichiban Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nichiban Co's Days Inventory for the three months ended in Mar. 2026 was 97.54.

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. Nichiban Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.76.

Nichiban Co  (OTCPK:NHBAF) 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.

Nichiban Co'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
=60.5895/56.685*365 / 4
=97.54

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.

Nichiban 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 )
=60.5895 / 80.141
=0.76

* 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.

Nichiban Co Inventory Turnover Related Terms

Nichiban Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nichiban 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.

Nichiban Co Inventory Turnover Chart

Nichiban 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 3.89 3.78 3.46 3.70 3.66

Nichiban Co 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 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 0.94 0.85 0.84 0.93 0.94
NHBAF
73GF Score
Nichiban Co Ltd NHBAF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nichiban Co Inventory Turnover Calculation

Nichiban 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 )
=223.37 / ((63.506 + 58.626) / 2 )
=223.37 / 61.066
=3.66

Nichiban 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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=56.685 / ((62.553 + 58.626) / 2 )
=56.685 / 60.5895
=0.94

* 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 0.94 mean?
Nichiban Co (NHBAF) has a Inventory Turnover of 0.94 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nichiban Co and its competitors.
Is Nichiban Co's Inventory Turnover too high?
Nichiban Co's current Inventory Turnover is 0.94. Overall, Nichiban Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Nichiban Co's Inventory Turnover compare to competitors?
Nichiban Co's Inventory Turnover of 0.94 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 Nichiban Co and its competitors. Nichiban Co's current Inventory Turnover is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichiban Co stock overvalued right now?
Nichiban Co (NHBAF) has a current Inventory Turnover of 0.94. The stock's GF Value™ is $13.89, compared to a current price of $12.70 — trading 8.6% below its estimated fair value. The current Inventory Turnover is 0.94. Nichiban Co's overall GF Score™ is 73/100 with 4 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 Nichiban Co (NHBAF), the current Inventory Turnover is 0.94 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 Nichiban Co (NHBAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nichiban Co stock appears to be undervalued. The current stock price of $12.70 is trading 8.6% below its estimated GF Value™ of $13.89.

Key valuation signals for NHBAF:

  • Inventory Turnover: 0.94
  • GF Value™: $13.89 vs. price of $12.70 (8.6% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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

Nichiban Co Business Description

Other Exchanges 4218:Japan
Address 2-3-3, Sekiguchi, Bunkyo-ku, Tokyo, JPN, 112-8663
Nichiban Co Ltd is a Japan based company engaged in the business of manufacturing and selling products in the field of medical supplies, healthcare, industrial products and industrial products. It offers hemostatic solutions, wound care dressing and surgical tapes, industrial products for manufacturing and distribution and automotive industry, stationery products, TDS pharmaceutical pain relief plaster and foot care products, sports medical battlewin taping tape and first aid bandage.
73GF Score

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

$12.70
Price
$13.89
GF Value