Hard Off Co (TSE:2674) Inventory Turnover: 0.68 (As of Mar. 2026)

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TSE:2674 Hard Off Corporation Co Ltd TSE:2674
76 GF Score
Price 円2,747.00
GF Value 円2,368.12
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Hard Off Co Inventory Turnover?

Hard Off Co TSE:2674 -0.15% 76 Inventory Turnover is 0.68 as of Mar. 2026. GuruFocus rates TSE:2674 with a GF Score™ of 76/100 and a GF Value™ of 円2,368.12 (Modestly Overvalued). 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. Hard Off Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円7,039 Mil. Hard Off Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円10,404 Mil. Hard Off Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hard Off Co's Days Inventory for the six months ended in Mar. 2026 was 269.73.

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. Hard Off Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.47.

Hard Off Co  (TSE:2674) 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.

Hard Off Co's Days Inventory for the six 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
=10403.9565/7039.465*365 / 2
=269.73

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.

Hard Off 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 )
=10403.9565 / 22019.656
=0.47

* 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.

Hard Off Co Inventory Turnover Related Terms

Hard Off Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hard Off 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.

Hard Off Co Inventory Turnover Chart

Hard Off 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 1.33 1.35 1.32 1.26 1.24

Hard Off Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.67 0.63 0.63 0.59 0.68
TSE:2674
76GF Score
Hard Off Corporation Co Ltd TSE:2674
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hard Off Co Inventory Turnover Calculation

Hard Off 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 )
=12486.748 / ((8972.496 + 11201.218) / 2 )
=12486.748 / 10086.857
=1.24

Hard Off 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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=7039.465 / ((9606.695 + 11201.218) / 2 )
=7039.465 / 10403.9565
=0.68

* 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 0.68 mean?
Hard Off Co (TSE:2674) has a Inventory Turnover of 0.68 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hard Off Co and its competitors.
Is Hard Off Co's Inventory Turnover too high?
Hard Off Co's current Inventory Turnover is 0.68. Overall, Hard Off Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hard Off Co's Inventory Turnover compare to CASY and WSM?
Hard Off Co's Inventory Turnover of 0.68 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Hard Off Co and its competitors. Hard Off Co's current Inventory Turnover is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hard Off Co stock overvalued right now?
Based on GuruFocus' analysis, Hard Off Co (TSE:2674) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,368.12, compared to a current price of 円2,747.00 — trading 16% above its estimated fair value. The current Inventory Turnover is 0.68. Hard Off Co's overall GF Score™ is 76/100 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 Hard Off Co (TSE:2674), the current Inventory Turnover is 0.68 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 Hard Off Co (TSE:2674) Overvalued in 2026?

Based on GuruFocus' analysis, Hard Off Co stock appears to be overvalued. The current stock price of 円2,747.00 is trading 16% above its estimated GF Value™ of 円2,368.12. GuruFocus considers Hard Off Co to be Modestly Overvalued.

Key valuation signals for TSE:2674:

  • Inventory Turnover: 0.68
  • GF Value™: 円2,368.12 vs. price of 円2,747.00 (16% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the TSE:2674 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hard Off Co Business Description

Address 3-1-13 Shin-Eicho, Shibata-shi, Niigata, JPN, 957-0063
Hard Off Corporation Co Ltd is a Japan-based company engaged in the reuse business. Its business activities include the purchase of used and unnecessary items from the customers, carry out repair, maintenance, inspection, and cleaning and sell to the customers. Products offered by the Hard Off Corporation include a personal computer, musical instruments, furniture, clothing for men; women; and children, trading cards, game, plastic model, toy, car supplies, bags and accessories, books, wine, champagne, beer, sake and shochu.
76GF Score

Get the complete analysis for TSE:2674

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

円2,747.00
Price
円2,368.12
GF Value