NMS Holdings (TSE:2162) Inventory Turnover: 2.24 (As of Mar. 2026)

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TSE:2162 NMS Holdings Corp TSE:2162
46 GF Score
Price 円534.00
GF Value 円335.14
Valuation Significantly Overvalued
! 9 Warning Signs
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What is NMS Holdings Inventory Turnover?

NMS Holdings TSE:2162 +0.19% 46 Inventory Turnover is 2.24 as of Mar. 2026. GuruFocus rates TSE:2162 with a GF Score™ of 46/100 and a GF Value™ of 円335.14 (Significantly Overvalued). The stock has 9 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. NMS Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was 円17,434 Mil. NMS Holdings's Average Total Inventories for the quarter that ended in Mar. 2026 was 円7,768 Mil. NMS Holdings's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NMS Holdings's Days Inventory for the three months ended in Mar. 2026 was 40.66.

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. NMS Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.39.

NMS Holdings  (TSE:2162) 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.

NMS 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
=7767.8965/17433.843*365 / 4
=40.66

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.

NMS 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 )
=7767.8965 / 20031.825
=0.39

* 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.

NMS Holdings Inventory Turnover Related Terms

NMS Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for NMS Holdings'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.

NMS Holdings Inventory Turnover Chart

NMS Holdings 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 8.27 6.84 5.93 7.76 8.14

NMS 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 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 2.18 2.25 2.15 2.26 2.24
TSE:2162
46GF Score
NMS Holdings Corp TSE:2162
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NMS Holdings Inventory Turnover Calculation

NMS 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 )
=65506.441 / ((7868.771 + 8217.718) / 2 )
=65506.441 / 8043.2445
=8.14

NMS 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 )
=17433.843 / ((7318.075 + 8217.718) / 2 )
=17433.843 / 7767.8965
=2.24

* 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 2.24 mean?
NMS Holdings (TSE:2162) has a Inventory Turnover of 2.24 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NMS Holdings and its competitors.
Is NMS Holdings' Inventory Turnover too high?
NMS Holdings' current Inventory Turnover is 2.24. Overall, NMS Holdings has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NMS Holdings' Inventory Turnover compare to APH and GLW?
NMS Holdings' Inventory Turnover of 2.24 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 NMS Holdings and its competitors. NMS Holdings's current Inventory Turnover is 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMS Holdings stock overvalued right now?
Based on GuruFocus' analysis, NMS Holdings (TSE:2162) is currently considered Significantly Overvalued. The stock's GF Value™ is 円335.14, compared to a current price of 円534.00 — trading 59.3% above its estimated fair value. The current Inventory Turnover is 2.24. NMS Holdings' overall GF Score™ is 46/100 with 9 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 NMS Holdings (TSE:2162), the current Inventory Turnover is 2.24 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 NMS Holdings (TSE:2162) Overvalued in 2026?

Based on GuruFocus' analysis, NMS Holdings stock appears to be overvalued. The current stock price of 円534.00 is trading 59.3% above its estimated GF Value™ of 円335.14. GuruFocus considers NMS Holdings to be Significantly Overvalued.

Key valuation signals for TSE:2162:

  • Inventory Turnover: 2.24
  • GF Value™: 円335.14 vs. price of 円534.00 (59.3% above fair value)
  • GF Score™: 46/100 with 9 warning signs

No single metric tells the full story. See the TSE:2162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NMS Holdings Business Description

Address 3-20-2 Nishi-Shinjuku, 45th floor, Tokyo Opera City Tower, Shinjuku-ku, Tokyo, JPN, 163-1445
NMS Holdings Corp is a Japan-based company. Its business activities are divided into four operating segments including Human resource solution business, Electronics manufacturing service (EMS) business, Vision ( neo EMS ), and Power supply business. The company offers staff members for contract manufacturing, engineer dispatch service, repairs and customer service. Its EMS business offers a wide range of services concerning board assembly through an integrated production process and firm management system. NMS also offers solutions for power supply and power supply-related products.
46GF Score

Get the complete analysis for TSE:2162

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

円534.00
Price
円335.14
GF Value