Nisshin Oillio Group (TSE:2602) Inventory Turnover: 1.04 (As of Mar. 2026)

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TSE:2602 Nisshin Oillio Group Ltd TSE:2602
69 GF Score
Price 円1,943.00
GF Value 円1,828.32
Valuation Fairly Valued
! 6 Warning Signs
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What is Nisshin Oillio Group Inventory Turnover?

Nisshin Oillio Group TSE:2602 +2.05% 69 Inventory Turnover is 1.04 as of Mar. 2026. GuruFocus rates TSE:2602 with a GF Score™ of 69/100 and a GF Value™ of 円1,828.32 (Fairly Valued). The stock has 6 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. Nisshin Oillio Group's Cost of Goods Sold for the three months ended in Mar. 2026 was 円118,948 Mil. Nisshin Oillio Group's Average Total Inventories for the quarter that ended in Mar. 2026 was 円114,338 Mil. Nisshin Oillio Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nisshin Oillio Group's Days Inventory for the three months ended in Mar. 2026 was 87.71.

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. Nisshin Oillio Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.83.

Nisshin Oillio Group  (TSE:2602) 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.

Nisshin Oillio Group'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
=114337.5/118948*365 / 4
=87.71

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.

Nisshin Oillio Group'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 )
=114337.5 / 137286
=0.83

* 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.

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.

Nisshin Oillio Group Inventory Turnover Related Terms

Nisshin Oillio Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nisshin Oillio Group'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.

Nisshin Oillio Group Inventory Turnover Chart

Nisshin Oillio Group 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 5.18 5.14 4.31 4.54 4.34

Nisshin Oillio Group 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 1.10 1.06 1.07 1.12 1.04
TSE:2602
69GF Score
Nisshin Oillio Group Ltd TSE:2602
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nisshin Oillio Group Inventory Turnover Calculation

Nisshin Oillio Group'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 )
=479463 / ((103282 + 117432) / 2 )
=479463 / 110357
=4.34

Nisshin Oillio Group'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 )
=118948 / ((111243 + 117432) / 2 )
=118948 / 114337.5
=1.04

* 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 1.04 mean?
Nisshin Oillio Group (TSE:2602) has a Inventory Turnover of 1.04 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nisshin Oillio Group and its competitors.
Is Nisshin Oillio Group's Inventory Turnover too high?
Nisshin Oillio Group's current Inventory Turnover is 1.04. Overall, Nisshin Oillio Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nisshin Oillio Group's Inventory Turnover compare to KHC and GIS?
Nisshin Oillio Group's Inventory Turnover of 1.04 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 Nisshin Oillio Group and its competitors. Nisshin Oillio Group's current Inventory Turnover is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshin Oillio Group stock overvalued right now?
Based on GuruFocus' analysis, Nisshin Oillio Group (TSE:2602) is currently considered Fairly Valued. The stock's GF Value™ is 円1,828.32, compared to a current price of 円1,943.00 — trading 6.3% above its estimated fair value. The current Inventory Turnover is 1.04. Nisshin Oillio Group's overall GF Score™ is 69/100 with 6 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 Nisshin Oillio Group (TSE:2602), the current Inventory Turnover is 1.04 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 Nisshin Oillio Group (TSE:2602) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshin Oillio Group stock appears to be overvalued. The current stock price of 円1,943.00 is trading 6.3% above its estimated GF Value™ of 円1,828.32. GuruFocus considers Nisshin Oillio Group to be Fairly Valued.

Key valuation signals for TSE:2602:

  • Inventory Turnover: 1.04
  • GF Value™: 円1,828.32 vs. price of 円1,943.00 (6.3% above fair value)
  • GF Score™: 69/100 with 6 warning signs

No single metric tells the full story. See the TSE:2602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nisshin Oillio Group Business Description

Address 1-23-1, Shinkawa, Chuo-ku, Tokyo, JPN, 104-8285
Nisshin Oillio Group Ltd is a Japanese company engaged in the manufacture of oil products. The company operates five reporting segments. The oils and meals business produces edible oils for household, commercial use, and food processing. The processed oils and fats business manufactures processed oil and fat products. The healthy foods business supplies dressings and healthcare products. The fine chemicals business provides raw materials for cosmetics, food ingredients, and chemical products. Finally the soy foods and materials business produces soy food ingredients and soy protein. The oils and meals business accounts for more than half of group revenue.
69GF Score

Get the complete analysis for TSE:2602

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

円1,943.00
Price
円1,828.32
GF Value