Lion Office Products (TSE:423A) Inventory Turnover: 2.44 (As of Mar. 2026)

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TSE:423A Lion Office Products Corp TSE:423A
15 GF Score
Price 円325.00
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What is Lion Office Products Inventory Turnover?

Lion Office Products TSE:423A +0.31% 15 Inventory Turnover is 2.44 as of Mar. 2026. GuruFocus rates TSE:423A with a GF Score™ of 15/100. 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. Lion Office Products's Cost of Goods Sold for the three months ended in Mar. 2026 was 円12,327 Mil. Lion Office Products's Average Total Inventories for the quarter that ended in Mar. 2026 was 円5,053 Mil. Lion Office Products's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lion Office Products's Days Inventory for the three months ended in Mar. 2026 was 37.40.

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. Lion Office Products's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.32.

Lion Office Products  (TSE:423A) 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.

Lion Office Products'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
=5052.5/12327*365 / 4
=37.40

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.

Lion Office Products'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 )
=5052.5 / 15999
=0.32

* 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.

Lion Office Products Inventory Turnover Related Terms

Lion Office Products Inventory Turnover Historical Data

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The historical data trend for Lion Office Products'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.

Lion Office Products Inventory Turnover Chart

Lion Office Products Annual Data
Trend Sep23 Sep24 Sep25
Inventory Turnover
6.49 6.63 5.77

Lion Office Products Quarterly Data
Sep23 Sep24 Jun25 Sep25 Dec25 Mar26 Jun26
Inventory Turnover Get a 7-Day Free Trial 1.09 1.37 1.16 2.44 1.45
TSE:423A
15GF Score
Lion Office Products Corp TSE:423A
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Lion Office Products Inventory Turnover Calculation

Lion Office Products's Inventory Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Inventory Turnover (A: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2025 ) / ((Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count )
=27964 / ((4083 + 5609) / 2 )
=27964 / 4846
=5.77

Lion Office Products'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 )
=12327 / ((6595 + 3510) / 2 )
=12327 / 5052.5
=2.44

* 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 2.44 mean?
Lion Office Products (TSE:423A) has a Inventory Turnover of 2.44 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Lion Office Products and its competitors.
Is Lion Office Products' Inventory Turnover too high?
Lion Office Products' current Inventory Turnover is 2.44. Overall, Lion Office Products has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Lion Office Products' Inventory Turnover compare to competitors?
Lion Office Products' Inventory Turnover of 2.44 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Lion Office Products and its competitors. Lion Office Products's current Inventory Turnover is 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lion Office Products stock overvalued right now?
Lion Office Products (TSE:423A) has a current Inventory Turnover of 2.44. The current Inventory Turnover is 2.44. Lion Office Products' overall GF Score™ is 15/100 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 Lion Office Products (TSE:423A), the current Inventory Turnover is 2.44 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.

Lion Office Products Business Description

Address 2-6-11 Higashinakano, Nakano-ku, Tokyo, JPN, 164-0003
Lion Office Products Corp is engaged in Manufacture and sales of stationery, office supplies and office furniture/Office space design, construction, interior finishing work/Sales of ICT devices in the education market/E-commerce.
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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