NKOKF (Noritsu Koki Co) Inventory Turnover: 0.79 (As of Mar. 2026)


NKOKF Noritsu Koki Co Ltd NKOKF
94 GF Score
Price $12.45
GF Value $12.16
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Noritsu Koki Co Inventory Turnover?

Noritsu Koki Co NKOKF 94 Inventory Turnover is 0.79 as of Mar. 2026. GuruFocus rates NKOKF with a GF Score™ of 94/100 and a GF Value™ of $12.16 (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. Noritsu Koki Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $128.3 Mil. Noritsu Koki Co's Average Total Inventories for the quarter that ended in Mar. 2026 was $162.3 Mil. Noritsu Koki Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Noritsu Koki Co's Days Inventory for the three months ended in Mar. 2026 was 115.43.

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. Noritsu Koki Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.64.

Noritsu Koki Co  (OTCPK:NKOKF) 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.

Noritsu Koki 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
=162.32/128.319*365 / 4
=115.43

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.

Noritsu Koki 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 )
=162.32 / 254.086
=0.64

* 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.

Noritsu Koki Co Inventory Turnover Related Terms

Noritsu Koki Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Noritsu Koki 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.

Noritsu Koki Co Inventory Turnover Chart

Noritsu Koki Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 2.63 2.91 2.61 2.54

Noritsu Koki 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 0.57 0.63 0.60 0.67 0.79
NKOKF
94GF Score
Noritsu Koki Co Ltd NKOKF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noritsu Koki Co Inventory Turnover Calculation

Noritsu Koki Co's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=381.785 / ((149.024 + 152.012) / 2 )
=381.785 / 150.518
=2.54

Noritsu Koki 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 )
=128.319 / ((152.012 + 172.628) / 2 )
=128.319 / 162.32
=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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.79 mean?
Noritsu Koki Co (NKOKF) has a Inventory Turnover of 0.79 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Noritsu Koki Co and its competitors.
Is Noritsu Koki Co's Inventory Turnover too high?
Noritsu Koki Co's current Inventory Turnover is 0.79. Overall, Noritsu Koki Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noritsu Koki Co's Inventory Turnover compare to AAPL?
Noritsu Koki Co's Inventory Turnover of 0.79 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 Noritsu Koki Co and its competitors. Noritsu Koki Co's current Inventory Turnover is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noritsu Koki Co stock overvalued right now?
Based on GuruFocus' analysis, Noritsu Koki Co (NKOKF) is currently considered Fairly Valued. The stock's GF Value™ is $12.16, compared to a current price of $12.45 — trading 2.3% above its estimated fair value. The current Inventory Turnover is 0.79. Noritsu Koki Co's overall GF Score™ is 94/100 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 Noritsu Koki Co (NKOKF), the current Inventory Turnover is 0.79 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 Noritsu Koki Co (NKOKF) Overvalued in 2026?

Based on GuruFocus' analysis, Noritsu Koki Co stock appears to be overvalued. The current stock price of $12.45 is trading 2.3% above its estimated GF Value™ of $12.16. GuruFocus considers Noritsu Koki Co to be Fairly Valued.

Key valuation signals for NKOKF:

  • Inventory Turnover: 0.79
  • GF Value™: $12.16 vs. price of $12.45 (2.3% above fair value)
  • GF Score™: 94/100 with 3 warning signs

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

Noritsu Koki Co Business Description

Other Exchanges 7744:Japan
Address Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company engaged in the development of the Automatic Photographic Paper Washing Machine. The company has developed and manufactured various photographic processing equipment and expanded its business globally. The Group mainly engages in manufacturing (parts and materials) and manufacturing (audioequipment-related) businesses utilizing globally competitive technologies. The company has two operating segments, which include Manufacturing (parts and materials) and Manufacturing (Audio Equipment Related).
94GF Score

Get the complete analysis for NKOKF

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

$12.45
Price
$12.16
GF Value