Techno Medica Co (TSE:6678) Inventory Turnover: 1.44 (As of Mar. 2026)

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TSE:6678 Techno Medica Co Ltd TSE:6678
86 GF Score
Price 円2,076.00
GF Value 円2,428.04
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Techno Medica Co Inventory Turnover?

Techno Medica Co TSE:6678 +0.29% 86 Inventory Turnover is 1.44 as of Mar. 2026. GuruFocus rates TSE:6678 with a GF Score™ of 86/100 and a GF Value™ of 円2,428.04 (Modestly Undervalued). The stock has 2 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 Medica Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円3,846 Mil. Techno Medica Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円2,667 Mil. Techno Medica Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Techno Medica Co's Days Inventory for the six months ended in Mar. 2026 was 126.53.

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 Medica Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.37.


Techno Medica Co  (TSE:6678) 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 Medica 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
=2666.7975/3846.364*365 / 2
=126.53

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 Medica 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 )
=2666.7975 / 7132.199
=0.37

* 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 Medica Co Inventory Turnover Related Terms


Techno Medica Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Techno Medica 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 Medica Co Inventory Turnover Chart

Techno Medica 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 3.40 3.06 2.55 2.09 2.45

Techno Medica 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 1.45 0.89 1.17 0.76 1.44
TSE:6678
86GF Score
Techno Medica Co Ltd TSE:6678
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Techno Medica Co Inventory Turnover Calculation

Techno Medica 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 )
=5993.877 / ((2607.383 + 2282.271) / 2 )
=5993.877 / 2444.827
=2.45

Techno Medica 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 )
=3846.364 / ((3051.324 + 2282.271) / 2 )
=3846.364 / 2666.7975
=1.44

* 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 1.44 mean?
Techno Medica Co (TSE:6678) has a Inventory Turnover of 1.44 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Techno Medica Co and its competitors.
Is Techno Medica Co's Inventory Turnover too high?
Techno Medica Co's current Inventory Turnover is 1.44. Overall, Techno Medica Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Techno Medica Co's Inventory Turnover compare to ABT and SYK?
Techno Medica Co's Inventory Turnover of 1.44 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Inventory Turnover depends on the Medical Devices & Instruments 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 Medica Co and its competitors. Techno Medica Co's current Inventory Turnover is 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techno Medica Co stock overvalued right now?
Based on GuruFocus' analysis, Techno Medica Co (TSE:6678) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,428.04, compared to a current price of 円2,076.00 — trading 14.5% below its estimated fair value. The current Inventory Turnover is 1.44. Techno Medica Co's overall GF Score™ is 86/100 with 2 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 Medica Co (TSE:6678), the current Inventory Turnover is 1.44 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.

Is Techno Medica Co (TSE:6678) Overvalued in 2026?

Based on GuruFocus' analysis, Techno Medica Co stock appears to be undervalued. The current stock price of 円2,076.00 is trading 14.5% below its estimated GF Value™ of 円2,428.04. GuruFocus considers Techno Medica Co to be Modestly Undervalued.

Key valuation signals for TSE:6678:

  • Inventory Turnover: 1.44
  • GF Value™: 円2,428.04 vs. price of 円2,076.00 (14.5% below fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the TSE:6678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Techno Medica Co Business Description

Address 5-5-1 Nakamachidai, Tsuzuki-ku, Yokohama, JPN, 224-0041
Techno Medica Co Ltd is engaged in the research, development, manufacturing, and sales of medical and in vitro diagnostic products. The company's products classified under Test Tube preparation systems. Additionally, company also import and export medical equipment and Analytical instrument for clinical examination.
86GF Score

Get the complete analysis for TSE:6678

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

円2,076.00
Price
円2,428.04
GF Value