Nippon Shindo Co (TSE:5753) Inventory Turnover: 2.46 (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:5753 Nippon Shindo Co Ltd TSE:5753
78 GF Score
Price 円2,370.00
GF Value 円2,401.64
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Nippon Shindo Co Inventory Turnover?

Nippon Shindo Co TSE:5753 -1.13% 78 Inventory Turnover is 2.46 as of Mar. 2026. GuruFocus rates TSE:5753 with a GF Score™ of 78/100 and a GF Value™ of 円2,401.64 (Fairly Valued). The stock has 3 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. Nippon Shindo Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円13,974 Mil. Nippon Shindo Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円5,676 Mil. Nippon Shindo Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nippon Shindo Co's Days Inventory for the six months ended in Mar. 2026 was 74.12.

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. Nippon Shindo Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.35.

Nippon Shindo Co  (TSE:5753) 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.

Nippon Shindo 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
=5675.5/13974*365 / 2
=74.12

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.

Nippon Shindo 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 )
=5675.5 / 16321
=0.35

* 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.

Nippon Shindo Co Inventory Turnover Related Terms

Nippon Shindo Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Nippon Shindo 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.

Nippon Shindo Co Inventory Turnover Chart

Nippon Shindo 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 7.25 6.38 5.11 5.10 4.76

Nippon Shindo 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 2.38 2.71 2.57 2.43 2.46
TSE:5753
78GF Score
Nippon Shindo Co Ltd TSE:5753
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Shindo Co Inventory Turnover Calculation

Nippon Shindo 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 )
=26631 / ((5123 + 6074) / 2 )
=26631 / 5598.5
=4.76

Nippon Shindo 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 )
=13974 / ((5277 + 6074) / 2 )
=13974 / 5675.5
=2.46

* 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 2.46 mean?
Nippon Shindo Co (TSE:5753) has a Inventory Turnover of 2.46 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Nippon Shindo Co and its competitors.
Is Nippon Shindo Co's Inventory Turnover too high?
Nippon Shindo Co's current Inventory Turnover is 2.46. Overall, Nippon Shindo Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Shindo Co's Inventory Turnover compare to SCCO and FCX?
Nippon Shindo Co's Inventory Turnover of 2.46 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Inventory Turnover depends on the Metals & Mining 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 Nippon Shindo Co and its competitors. Nippon Shindo Co's current Inventory Turnover is 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Shindo Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Shindo Co (TSE:5753) is currently considered Fairly Valued. The stock's GF Value™ is 円2,401.64, compared to a current price of 円2,370.00 — trading 1.3% below its estimated fair value. The current Inventory Turnover is 2.46. Nippon Shindo Co's overall GF Score™ is 78/100 with 3 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 Nippon Shindo Co (TSE:5753), the current Inventory Turnover is 2.46 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 Nippon Shindo Co (TSE:5753) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Shindo Co stock appears to be undervalued. The current stock price of 円2,370.00 is trading 1.3% below its estimated GF Value™ of 円2,401.64. GuruFocus considers Nippon Shindo Co to be Fairly Valued.

Key valuation signals for TSE:5753:

  • Inventory Turnover: 2.46
  • GF Value™: 円2,401.64 vs. price of 円2,370.00 (1.3% below fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the TSE:5753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nippon Shindo Co Business Description

Address 3-1-1, Minamijima-cho, Sakai-ku, Sakai-shi, Osaka, JPN, 5900904
Nippon Shindo Co Ltd is involved in the manufacturing and distribution of copper alloys, brass rods, wire, forged products and others. The products are utilized in various fields including automobile and electric machinery industries.
78GF Score

Get the complete analysis for TSE:5753

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

円2,370.00
Price
円2,401.64
GF Value