Densan Co (TSE:3640) Inventory Turnover: 11.60 (As of Mar. 2026)

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TSE:3640 Densan Co Ltd TSE:3640
69 GF Score
Price 円2,361.00
GF Value 円2,529.16
Valuation Fairly Valued
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What is Densan Co Inventory Turnover?

Densan Co TSE:3640 -1.63% 69 Inventory Turnover is 11.60 as of Mar. 2026. GuruFocus rates TSE:3640 with a GF Score™ of 69/100 and a GF Value™ of 円2,529.16 (Fairly Valued).

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. Densan Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円10,370 Mil. Densan Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円894 Mil. Densan Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 11.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Densan Co's Days Inventory for the six months ended in Mar. 2026 was 15.74.

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

Densan Co  (TSE:3640) 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.

Densan 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
=894.139/10370.02*365 / 2
=15.74

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.

Densan 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 )
=894.139 / 17391.884
=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.

Densan Co Inventory Turnover Related Terms

Densan Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Densan 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.

Densan Co Inventory Turnover Chart

Densan 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 64.37 58.50 62.72 51.86 72.98

Densan 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 19.42 16.71 18.04 6.96 11.60
TSE:3640
69GF Score
Densan Co Ltd TSE:3640
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Densan Co Inventory Turnover Calculation

Densan 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 )
=17396.207 / ((353.717 + 123.04) / 2 )
=17396.207 / 238.3785
=72.98

Densan 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 )
=10370.02 / ((1665.238 + 123.04) / 2 )
=10370.02 / 894.139
=11.60

* 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 11.60 mean?
Densan Co (TSE:3640) has a Inventory Turnover of 11.60 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Densan Co and its competitors.
Is Densan Co's Inventory Turnover too high?
Densan Co's current Inventory Turnover is 11.60. Overall, Densan Co has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Densan Co's Inventory Turnover compare to NVDA and AVGO?
Densan Co's Inventory Turnover of 11.60 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 Densan Co and its competitors. Densan Co's current Inventory Turnover is 11.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Densan Co stock overvalued right now?
Based on GuruFocus' analysis, Densan Co (TSE:3640) is currently considered Fairly Valued. The stock's GF Value™ is 円2,529.16, compared to a current price of 円2,361.00 — trading 6.6% below its estimated fair value. The current Inventory Turnover is 11.60. Densan Co's overall GF Score™ is 69/100. 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 Densan Co (TSE:3640), the current Inventory Turnover is 11.60 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 Densan Co (TSE:3640) Overvalued in 2026?

Based on GuruFocus' analysis, Densan Co stock appears to be undervalued. The current stock price of 円2,361.00 is trading 6.6% below its estimated GF Value™ of 円2,529.16. GuruFocus considers Densan Co to be Fairly Valued.

Key valuation signals for TSE:3640:

  • Inventory Turnover: 11.60
  • GF Value™: 円2,529.16 vs. price of 円2,361.00 (6.6% below fair value)
  • GF Score™: 69/100

No single metric tells the full story. See the TSE:3640 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Densan Co Business Description

Address 276-6 Tsuruga Nanase Nakamachi, Nagano Prefecture, Nagano, JPN, 380-0904
Densan Co Ltd is engaged in the development and provision of information systems and related services. Its reporting segments include the Public Sector and the Industrial Sector. In the Public Sector, it serves local governments and related organizations by developing, selling, and supporting package systems, as well as offering equipment sales and information processing services. The Industrial Sector focuses on private enterprises and medical and welfare institutions, offering software development, equipment sales, and various information services. It also includes internet connectivity services for general consumers. It generates the majority of its revenue from the Public Sector segment.
69GF Score

Get the complete analysis for TSE:3640

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

円2,361.00
Price
円2,529.16
GF Value