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.
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.
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. Neturen Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was 円13,759 Mil. Neturen Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円7,927 Mil.
Neturen Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.74.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Neturen Co's Days Inventory for the
three
months ended in Mar. 2026 was 52.57.
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.
Neturen Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.46.
Neturen Co (TSE:5976) 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.
Neturen Co's Days Inventory for the
three
months ended in Mar. 2026 is calculated as:
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.
Neturen Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
Neturen Co Inventory Turnover Related Terms
Neturen Co Inventory Turnover Historical Data
* Premium members only.
The historical data trend for Neturen 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.
* 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.
Neturen Co (TSE:5976) has a Inventory Turnover of 1.74 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Neturen Co and its competitors.
Is Neturen Co's Inventory Turnover too high?
Neturen Co's current Inventory Turnover is 1.74. Overall, Neturen Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neturen Co's Inventory Turnover compare to NUE and STLD?
Neturen Co's Inventory Turnover of 1.74 can be compared against companies in the Steel 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 Steel company?
A good Inventory Turnover depends on the Steel 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 Neturen Co and its competitors. Neturen Co's current Inventory Turnover is 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neturen Co stock overvalued right now?
Based on GuruFocus' analysis, Neturen Co (TSE:5976) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,193.68, compared to a current price of 円1,494.00 — trading 25.2% above its estimated fair value. The current Inventory Turnover is 1.74. Neturen Co's overall GF Score™ is 69/100 with 8 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 Neturen Co (TSE:5976), the current Inventory Turnover is 1.74 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 Neturen Co (TSE:5976) Overvalued in 2026?
Based on GuruFocus' analysis, Neturen Co stock appears to be overvalued.
The current stock price of 円1,494.00 is trading 25.2% above its estimated GF Value™ of 円1,193.68.
GuruFocus considers Neturen Co to be Modestly Overvalued.
Key valuation signals for TSE:5976:
Inventory Turnover: 1.74
GF Value™: 円1,193.68 vs. price of 円1,494.00 (25.2% above fair value)
No single metric tells the full story. See the TSE:5976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Neturen Co Ltd is a steel and steel products manufacturing company. It manufactures and sells prestressing and deformed steel bars for prestressed concrete used in civil engineering and construction field; Induction Heated, Quenched and Tempered Wire used in suspension springs for auto parts and construction machine parts; and induction heating equipment for various industries. The company's segments consist of Specialty Steel and Wire Products Division and Induction Heat Treatment Service and Heating Machine Division. The majority of the revenue is derived from the manufacturing and sale of prestressing steel bars and shear reinforcement bars.
69GF Score
Get the complete analysis for TSE:5976
Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:5976 has been successfully added to your 
