Morinaga Milk Industry Co (TSE:2264) Inventory Turnover: 1.14 (As of Mar. 2026)

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TSE:2264 Morinaga Milk Industry Co Ltd TSE:2264
70 GF Score
Price 円1,197.50
GF Value 円887.15
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Morinaga Milk Industry Co Inventory Turnover?

Morinaga Milk Industry Co TSE:2264 -0.42% 70 Inventory Turnover is 1.14 as of Mar. 2026. GuruFocus rates TSE:2264 with a GF Score™ of 70/100 and a GF Value™ of 円887.15 (Significantly Overvalued). 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. Morinaga Milk Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円101,403 Mil. Morinaga Milk Industry Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円89,267 Mil. Morinaga Milk Industry Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Morinaga Milk Industry Co's Days Inventory for the three months ended in Mar. 2026 was 80.33.

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. Morinaga Milk Industry Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.67.

Morinaga Milk Industry Co  (TSE:2264) 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.

Morinaga Milk Industry 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
=89267/101403*365 / 4
=80.33

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.

Morinaga Milk Industry 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 )
=89267 / 133636
=0.67

* 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.

Morinaga Milk Industry Co Inventory Turnover Related Terms

Morinaga Milk Industry Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Morinaga Milk Industry 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.

Morinaga Milk Industry Co Inventory Turnover Chart

Morinaga Milk Industry Co 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 5.56 5.62 5.37 5.13 4.76

Morinaga Milk Industry 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 1.22 1.26 1.31 1.29 1.14
TSE:2264
70GF Score
Morinaga Milk Industry Co Ltd TSE:2264
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Morinaga Milk Industry Co Inventory Turnover Calculation

Morinaga Milk Industry Co'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 )
=428198 / ((85907 + 94186) / 2 )
=428198 / 90046.5
=4.76

Morinaga Milk Industry 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 )
=101403 / ((84348 + 94186) / 2 )
=101403 / 89267
=1.14

* 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 1.14 mean?
Morinaga Milk Industry Co (TSE:2264) has a Inventory Turnover of 1.14 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Morinaga Milk Industry Co and its competitors.
Is Morinaga Milk Industry Co's Inventory Turnover too high?
Morinaga Milk Industry Co's current Inventory Turnover is 1.14. Overall, Morinaga Milk Industry Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga Milk Industry Co's Inventory Turnover compare to KHC and GIS?
Morinaga Milk Industry Co's Inventory Turnover of 1.14 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Morinaga Milk Industry Co and its competitors. Morinaga Milk Industry Co's current Inventory Turnover is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga Milk Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Morinaga Milk Industry Co (TSE:2264) is currently considered Significantly Overvalued. The stock's GF Value™ is 円887.15, compared to a current price of 円1,197.50 — trading 35% above its estimated fair value. The current Inventory Turnover is 1.14. Morinaga Milk Industry Co's overall GF Score™ is 70/100 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 Morinaga Milk Industry Co (TSE:2264), the current Inventory Turnover is 1.14 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 Morinaga Milk Industry Co (TSE:2264) Overvalued in 2026?

Based on GuruFocus' analysis, Morinaga Milk Industry Co stock appears to be overvalued. The current stock price of 円1,197.50 is trading 35% above its estimated GF Value™ of 円887.15. GuruFocus considers Morinaga Milk Industry Co to be Significantly Overvalued.

Key valuation signals for TSE:2264:

  • Inventory Turnover: 1.14
  • GF Value™: 円887.15 vs. price of 円1,197.50 (35% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TSE:2264 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Morinaga Milk Industry Co Business Description

Other Exchanges MO8:Germany
Address 33-1, Shiba 5-chome, Minato-ku, Tokyo, JPN, 108-8384
Morinaga Milk Industry Co Ltd is a Japanese company engaged in the production and distribution of dairy products. It produces a variety of milk and milk-based products such as dairy-based beverages, yogurt, desserts, condensed milk, powdered milk, butter, cheese, ice cream, clinical liquid diets. It also manufactures and sells animal feed, and constructs plant equipment. The company through its subsidiaries markets its products internationally.
70GF Score

Get the complete analysis for TSE:2264

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

円1,197.50
Price
円887.15
GF Value