Nippon Road Co (TSE:1884) Inventory Turnover: 27.83 (As of Mar. 2025)

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TSE:1884 Nippon Road Co Ltd TSE:1884
17 GF Score
Price 円2,511.00
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What is Nippon Road Co Inventory Turnover?

Nippon Road Co TSE:1884 -0.16% 17 Inventory Turnover is 27.83 as of Mar. 2025. GuruFocus rates TSE:1884 with a GF Score™ of 17/100.

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. Nippon Road Co's Cost of Goods Sold for the three months ended in Mar. 2025 was 円37,488 Mil. Nippon Road Co's Average Total Inventories for the quarter that ended in Mar. 2025 was 円1,347 Mil. Nippon Road Co's Inventory Turnover for the quarter that ended in Mar. 2025 was 27.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nippon Road Co's Days Inventory for the three months ended in Mar. 2025 was 3.28.

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. Nippon Road Co's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.03.

Nippon Road Co  (TSE:1884) 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.

Nippon Road Co's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=1347/37488*365 / 4
=3.28

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.

Nippon Road Co's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=1347 / 43450
=0.03

* 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.

Nippon Road Co Inventory Turnover Related Terms

Nippon Road Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nippon Road 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.

Nippon Road Co Inventory Turnover Chart

Nippon Road Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.91 77.54 106.04 103.68 103.91

Nippon Road Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 22.90 25.03 30.65 27.83 21.81
TSE:1884
17GF Score
Nippon Road Co Ltd TSE:1884
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Road Co Inventory Turnover Calculation

Nippon Road Co's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=143545 / ((1381 + 1382) / 2 )
=143545 / 1381.5
=103.91

Nippon Road Co's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=37488 / ((1312 + 1382) / 2 )
=37488 / 1347
=27.83

* 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 27.83 mean?
Nippon Road Co (TSE:1884) has a Inventory Turnover of 27.83 as of Mar. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nippon Road Co and its competitors.
Is Nippon Road Co's Inventory Turnover too high?
Nippon Road Co's current Inventory Turnover is 27.83. Overall, Nippon Road Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Road Co's Inventory Turnover compare to PWR and EME?
Nippon Road Co's Inventory Turnover of 27.83 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Nippon Road Co and its competitors. Nippon Road Co's current Inventory Turnover is 27.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Road Co stock overvalued right now?
Nippon Road Co (TSE:1884) has a current Inventory Turnover of 27.83. The current Inventory Turnover is 27.83. Nippon Road Co's overall GF Score™ is 17/100. 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 Nippon Road Co (TSE:1884), the current Inventory Turnover is 27.83 as of Mar. 2025. 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.

Nippon Road Co Business Description

Address 6-5, Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0004
Nippon Road Co Ltd is engaged in the business of general construction. The company is involved in the construction design, supervision, and management activities, road construction and paving work, general civil engineering works, building construction, construction of environmental, and sport and leisure facilities. In addition, it also manufactures and sells asphalt mixture materials and is also in the consulting business.
17GF Score

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

円2,511.00
Price