Shoei Yakuhin Co (TSE:3537) Inventory Turnover: 19.09 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3537 Shoei Yakuhin Co Ltd TSE:3537
72 GF Score
Price 円1,649.00
GF Value 円1,629.00
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Shoei Yakuhin Co Inventory Turnover?

Shoei Yakuhin Co TSE:3537 -0.36% 72 Inventory Turnover is 19.09 as of Mar. 2026. GuruFocus rates TSE:3537 with a GF Score™ of 72/100 and a GF Value™ of 円1,629.00 (Fairly Valued). The stock has 1 warning sign 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. Shoei Yakuhin Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円12,474 Mil. Shoei Yakuhin Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円653 Mil. Shoei Yakuhin Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 19.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shoei Yakuhin Co's Days Inventory for the six months ended in Mar. 2026 was 9.56.

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. Shoei Yakuhin Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.05.


Shoei Yakuhin Co  (TSE:3537) 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.

Shoei Yakuhin 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
=653.3565/12473.837*365 / 2
=9.56

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.

Shoei Yakuhin 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 )
=653.3565 / 13557.719
=0.05

* 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.


Shoei Yakuhin Co Inventory Turnover Related Terms


Shoei Yakuhin Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shoei Yakuhin 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.

Shoei Yakuhin Co Inventory Turnover Chart

Shoei Yakuhin 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 36.59 35.66 34.74 38.61 38.23

Shoei Yakuhin 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 19.62 21.12 21.26 19.93 19.09
TSE:3537
72GF Score
Shoei Yakuhin Co Ltd TSE:3537
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoei Yakuhin Co Inventory Turnover Calculation

Shoei Yakuhin 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 )
=24757.898 / ((610.621 + 684.66) / 2 )
=24757.898 / 647.6405
=38.23

Shoei Yakuhin 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 )
=12473.837 / ((622.053 + 684.66) / 2 )
=12473.837 / 653.3565
=19.09

* 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 19.09 mean?
Shoei Yakuhin Co (TSE:3537) has a Inventory Turnover of 19.09 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shoei Yakuhin Co and its competitors.
Is Shoei Yakuhin Co's Inventory Turnover too high?
Shoei Yakuhin Co's current Inventory Turnover is 19.09. Overall, Shoei Yakuhin Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoei Yakuhin Co's Inventory Turnover compare to LIN and SHW?
Shoei Yakuhin Co's Inventory Turnover of 19.09 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Shoei Yakuhin Co and its competitors. Shoei Yakuhin Co's current Inventory Turnover is 19.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei Yakuhin Co stock overvalued right now?
Based on GuruFocus' analysis, Shoei Yakuhin Co (TSE:3537) is currently considered Fairly Valued. The stock's GF Value™ is 円1,629.00, compared to a current price of 円1,649.00 — trading 1.2% above its estimated fair value. The current Inventory Turnover is 19.09. Shoei Yakuhin Co's overall GF Score™ is 72/100 with 1 warning sign 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 Shoei Yakuhin Co (TSE:3537), the current Inventory Turnover is 19.09 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 Shoei Yakuhin Co (TSE:3537) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei Yakuhin Co stock appears to be overvalued. The current stock price of 円1,649.00 is trading 1.2% above its estimated GF Value™ of 円1,629.00. GuruFocus considers Shoei Yakuhin Co to be Fairly Valued.

Key valuation signals for TSE:3537:

  • Inventory Turnover: 19.09
  • GF Value™: 円1,629.00 vs. price of 円1,649.00 (1.2% above fair value)
  • GF Score™: 72/100 with 1 warning sign

No single metric tells the full story. See the TSE:3537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoei Yakuhin Co Business Description

Address 5-1 Azuchimachi 1-Chome, Senba Shoei Building, Chuo-ku, Osaka, JPN, 541-0052
Shoei Yakuhin Co Ltd is engaged in the manufacture and sale of chemical products, daily goods, and civil engineering materials. The company operates under three main reporting segments: Chemical Products, Daily Goods, and Civil Engineering Materials. The Chemical Products segment includes items such as fatty alcohols, fatty acids, surfactants, and other chemical products. The Daily Goods segment focuses on detergents and various hygiene-related products. The Civil Engineering Materials segment provides soil improvement materials, repair agents, and environmental improvement materials.
72GF Score

Get the complete analysis for TSE:3537

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

円1,649.00
Price
円1,629.00
GF Value