OJIPF (Oji Holdings) Inventory Turnover: 1.24 (As of Mar. 2026)

What is Oji Holdings Inventory Turnover?

Oji Holdings OJIPF 70 Inventory Turnover is 1.24 as of Mar. 2026. GuruFocus rates OJIPF with a GF Score™ of 70/100 and a GF Value™ of $5.41. The stock has 7 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. Oji Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $2,442 Mil. Oji Holdings's Average Total Inventories for the quarter that ended in Mar. 2026 was $1,963 Mil. Oji Holdings's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oji Holdings's Days Inventory for the three months ended in Mar. 2026 was 73.37.

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. Oji Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.66.

Oji Holdings (OTCPK:OJIPF) 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.

Oji Holdings'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
	=	1963.2575	/	2441.791	*	365 / 4
	=	73.37

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.

Oji Holdings'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 )
	=	1963.2575	/	2954.059
	=	0.66

* 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.

Oji Holdings Inventory Turnover Related Terms

Oji Holdings Inventory Turnover Historical Data

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The historical data trend for Oji Holdings's Inventory Turnover can be seen below:

Oji Holdings Inventory Turnover Chart

Oji Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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5.15

5.11

4.57

5.00

4.79

Oji Holdings 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															1.23	1.24	1.19	1.24	1.24

70GF Score

Oji Holdings Corp OJIPF

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Oji Holdings Inventory Turnover Calculation

Oji Holdings'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 )
=	9693.893	/ (	(2117.47	+	1927.022)	/	2 )
=	9693.893	/	2022.246
=	4.79

Oji Holdings'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 )
=	2441.791	/ (	(1999.493	+	1927.022)	/	2 )
=	2441.791	/	1963.2575
=	1.24

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.24 mean?

Oji Holdings (OJIPF) has a Inventory Turnover of 1.24 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Oji Holdings and its competitors.

Is Oji Holdings' Inventory Turnover too high?

Oji Holdings' current Inventory Turnover is 1.24. Overall, Oji Holdings has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.

How does Oji Holdings' Inventory Turnover compare to competitors?

Oji Holdings' Inventory Turnover of 1.24 can be compared against companies in the Forest 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 a Forest Products company?

A good Inventory Turnover depends on the Forest 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 Oji Holdings and its competitors. Oji Holdings's current Inventory Turnover is 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Oji Holdings stock overvalued right now?

Oji Holdings (OJIPF) has a current Inventory Turnover of 1.24. The stock's GF Value™ is $5.41, compared to a current price of $5.80 — trading 7.2% above its estimated fair value. The current Inventory Turnover is 1.24. Oji Holdings' overall GF Score™ is 70/100 with 7 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 Oji Holdings (OJIPF), the current Inventory Turnover is 1.24 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 Oji Holdings (OJIPF) Overvalued in 2026?

Based on GuruFocus' analysis, Oji Holdings stock appears to be overvalued. The current stock price of $5.80 is trading 7.2% above its estimated GF Value™ of $5.41.

Key valuation signals for OJIPF:

Inventory Turnover: 1.24
GF Value™: $5.41 vs. price of $5.80 (7.2% above fair value)
GF Score™: 70/100 with 7 warning signs

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

Oji Holdings Business Description

Industry Basic Materials Forest Products

Comparable Companies TSE:3863 TSE:3880 TSE:3865 TSE:8032 TSE:3708 TSE:9274 TSE:3864 TSE:3877 TSE:7487 TSE:3513 OHEL:UPM BSP:SUZB3 OSTO:SCA A SZSE:002078 OSTO:HOLM A LSE:MNDI BSP:KLBN3 HKSE:02689 XSGO:CMPC SHSE:603733

Other Exchanges 3861:Japan OJI:Germany

Address 7-5 Ginza, 4-chome, Chuo-ku, Tokyo, JPN, 104-0061

Website https://www.ojiholdings.co.jp

Oji Holdings Corp through its group companies, is engaged in the production and distribution of pulp, paper products, and converted paper products. The company operates through five segments. The Functional Materials segment covers specialty paper, thermal paper, adhesives, and films. The Living and Industrial Materials segment includes corrugated base paper, paperboard, packaging paper, household paper, and disposable diapers. The Print Information Media segment engages in newsprint, printing, publishing, and information paper. The Resource and Environmental Business segment spans pulp, energy, afforestation, and wood processing. The Others segment comprises trading, eco-friendly packaging, logistics, engineering, real estate, and liquid cartons.

70GF Score

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$5.80

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$5.41

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