NTN (NTTBF) Inventory Turnover: 0.70 (As of Mar. 2026)

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NTTBF NTN Corp NTTBF
52 GF Score
Price $2.33
GF Value $2.15
Valuation Fairly Valued
! 5 Warning Signs
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What is NTN Inventory Turnover?

NTN NTTBF 52 Inventory Turnover is 0.70 as of Mar. 2026. GuruFocus rates NTTBF with a GF Score™ of 52/100 and a GF Value™ of $2.15 (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. NTN's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,134 Mil. NTN's Average Total Inventories for the quarter that ended in Mar. 2026 was $1,611 Mil. NTN's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NTN's Days Inventory for the three months ended in Mar. 2026 was 129.57.

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. NTN's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.15.

NTN  (OTCPK:NTTBF) 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.

NTN'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
=1610.6725/1134.333*365 / 4
=129.57

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.

NTN'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 )
=1610.6725 / 1405.352
=1.15

* 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.

NTN Inventory Turnover Related Terms

NTN Inventory Turnover Historical Data

* Premium members only.

The historical data trend for NTN'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.

NTN Inventory Turnover Chart

NTN 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 2.63 2.69 2.59 2.69 2.67

NTN 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 0.69 0.68 0.68 0.63 0.70
NTTBF
52GF Score
NTN Corp NTTBF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NTN Inventory Turnover Calculation

NTN'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 )
=4251.062 / ((1639.407 + 1549.306) / 2 )
=4251.062 / 1594.3565
=2.67

NTN'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 )
=1134.333 / ((1672.039 + 1549.306) / 2 )
=1134.333 / 1610.6725
=0.70

* 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 0.70 mean?
NTN (NTTBF) has a Inventory Turnover of 0.70 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NTN and its competitors.
Is NTN's Inventory Turnover too high?
NTN's current Inventory Turnover is 0.70. Overall, NTN has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NTN's Inventory Turnover compare to SNA and RBC?
NTN's Inventory Turnover of 0.70 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 NTN and its competitors. NTN's current Inventory Turnover is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTN stock overvalued right now?
Based on GuruFocus' analysis, NTN (NTTBF) is currently considered Fairly Valued. The stock's GF Value™ is $2.15, compared to a current price of $2.33 — trading 8.4% above its estimated fair value. The current Inventory Turnover is 0.70. NTN's overall GF Score™ is 52/100 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 NTN (NTTBF), the current Inventory Turnover is 0.70 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 NTN (NTTBF) Overvalued in 2026?

Based on GuruFocus' analysis, NTN stock appears to be overvalued. The current stock price of $2.33 is trading 8.4% above its estimated GF Value™ of $2.15. GuruFocus considers NTN to be Fairly Valued.

Key valuation signals for NTTBF:

  • Inventory Turnover: 0.70
  • GF Value™: $2.15 vs. price of $2.33 (8.4% above fair value)
  • GF Score™: 52/100 with 5 warning signs

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

NTN Business Description

Other Exchanges 6472:JapanNTN:Germany
Address 3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003
NTN Corp is a Japan-based company that manufactures and sells bearings, constant velocity joints, precision equipment, aftermarket parts, and other mechanical parts. The company's products are used in a wide range of applications, including automobile, electric vehicle, rolling stock, wind turbine, construction and mining machinery, agricultural machinery, machine tools, office equipment, steel manufacturing machinery, paper manufacturing machinery, food machinery, medical equipment, aerospace, and robots. The company has a global presence, with Japan, the Americas, and Europe the three largest markets for the company.
52GF Score

Get the complete analysis for NTTBF

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

$2.33
Price
$2.15
GF Value