Techno Horizon Co (TSE:6629) Inventory Turnover: 1.62 (As of Mar. 2026)


TSE:6629 Techno Horizon Co Ltd TSE:6629
62 GF Score
Price 円1,041.00
GF Value 円528.17
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Techno Horizon Co Inventory Turnover?

Techno Horizon Co TSE:6629 +6.12% 62 Inventory Turnover is 1.62 as of Mar. 2026. GuruFocus rates TSE:6629 with a GF Score™ of 62/100 and a GF Value™ of 円528.17 (Significantly Overvalued). The stock has 4 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. Techno Horizon Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円13,079 Mil. Techno Horizon Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円8,062 Mil. Techno Horizon Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Techno Horizon Co's Days Inventory for the three months ended in Mar. 2026 was 56.25.

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. Techno Horizon Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.49.

Techno Horizon Co  (TSE:6629) 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.

Techno Horizon Co'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
=8061.616/13078.631*365 / 4
=56.25

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.

Techno Horizon 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 )
=8061.616 / 16555.415
=0.49

* 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.

Techno Horizon Co Inventory Turnover Related Terms

Techno Horizon Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Techno Horizon 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.

Techno Horizon Co Inventory Turnover Chart

Techno Horizon 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 5.02 4.39 4.29 4.86 5.06

Techno Horizon Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 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 1.02 1.39 0.00 1.08 1.62
TSE:6629
62GF Score
Techno Horizon Co Ltd TSE:6629
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Techno Horizon Co Inventory Turnover Calculation

Techno Horizon 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 )
=39584.502 / ((8011.746 + 7636.878) / 2 )
=39584.502 / 7824.312
=5.06

Techno Horizon 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: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=13078.631 / ((8486.354 + 7636.878) / 2 )
=13078.631 / 8061.616
=1.62

* 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 1.62 mean?
Techno Horizon Co (TSE:6629) has a Inventory Turnover of 1.62 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Techno Horizon Co and its competitors.
Is Techno Horizon Co's Inventory Turnover too high?
Techno Horizon Co's current Inventory Turnover is 1.62. Overall, Techno Horizon Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Techno Horizon Co's Inventory Turnover compare to APH and GLW?
Techno Horizon Co's Inventory Turnover of 1.62 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 Techno Horizon Co and its competitors. Techno Horizon Co's current Inventory Turnover is 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Horizon Co stock overvalued right now?
Based on GuruFocus' analysis, Techno Horizon Co (TSE:6629) is currently considered Significantly Overvalued. The stock's GF Value™ is 円528.17, compared to a current price of 円1,041.00 — trading 97.1% above its estimated fair value. The current Inventory Turnover is 1.62. Techno Horizon Co's overall GF Score™ is 62/100 with 4 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 Techno Horizon Co (TSE:6629), the current Inventory Turnover is 1.62 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 Techno Horizon Co (TSE:6629) Overvalued in 2026?

Based on GuruFocus' analysis, Techno Horizon Co stock appears to be overvalued. The current stock price of 円1,041.00 is trading 97.1% above its estimated GF Value™ of 円528.17. GuruFocus considers Techno Horizon Co to be Significantly Overvalued.

Key valuation signals for TSE:6629:

  • Inventory Turnover: 1.62
  • GF Value™: 円528.17 vs. price of 円1,041.00 (97.1% above fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the TSE:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Techno Horizon Co Business Description

Other Exchanges X5X:Germany
Address 2-13-1 Chikama-tori, Minami-ku, Nagoya, Aichi, JPN, 457-0071
Techno Horizon Co Ltd is a Japan-based company engaged in optical business and electronic business. The company manufactures and sells optical, electrical, medical, and precision equipment; develops, manufactures, and sells information and communication equipment, FA related equipment, and other electronic devices; and produces and sells various optical lenses and plastic moulded products, as well as provides system integration services.
62GF Score

Get the complete analysis for TSE:6629

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

円1,041.00
Price
円528.17
GF Value