Leader Electronics (TSE:6867) Inventory Turnover: 1.18 (As of Mar. 2026)

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Leader Electronics Corp TSE:6867

65 GF Score

Price 円415.00

GF Value 円510.51

Valuation Modestly Undervalued

5 Warning Signs

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What is Leader Electronics Inventory Turnover?

Leader Electronics TSE:6867 -1.19% 65 Inventory Turnover is 1.18 as of Mar. 2026. GuruFocus rates TSE:6867 with a GF Score™ of 65/100 and a GF Value™ of 円510.51 (Modestly Undervalued). The stock has 5 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. Leader Electronics's Cost of Goods Sold for the six months ended in Mar. 2026 was 円947 Mil. Leader Electronics's Average Total Inventories for the quarter that ended in Mar. 2026 was 円803 Mil. Leader Electronics's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Leader Electronics's Days Inventory for the six months ended in Mar. 2026 was 154.83.

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. Leader Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.34.

Leader Electronics (TSE:6867) 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.

Leader Electronics'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
	=	803.2725	/	946.817	*	365 / 2
	=	154.83

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.

Leader Electronics'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 )
	=	803.2725	/	2359.477
	=	0.34

* 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.

Leader Electronics Inventory Turnover Related Terms

Leader Electronics Inventory Turnover Historical Data

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The historical data trend for Leader Electronics's Inventory Turnover can be seen below:

Leader Electronics Inventory Turnover Chart

Leader Electronics Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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3.25

2.81

2.65

2.34

1.99

Leader Electronics 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															1.26	1.07	1.17	0.82	1.18

65GF Score

Leader Electronics Corp TSE:6867

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Leader Electronics Inventory Turnover Calculation

Leader Electronics'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 )
=	1551.204	/ (	(711.428	+	844.511)	/	2 )
=	1551.204	/	777.9695
=	1.99

Leader Electronics'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 )
=	946.817	/ (	(762.034	+	844.511)	/	2 )
=	946.817	/	803.2725
=	1.18

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.18 mean?

Leader Electronics (TSE:6867) has a Inventory Turnover of 1.18 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Leader Electronics and its competitors.

Is Leader Electronics' Inventory Turnover too high?

Leader Electronics' current Inventory Turnover is 1.18. Overall, Leader Electronics has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Leader Electronics' Inventory Turnover compare to COHR and KEYS?

Leader Electronics' Inventory Turnover of 1.18 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 Leader Electronics and its competitors. Leader Electronics's current Inventory Turnover is 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Leader Electronics stock overvalued right now?

Based on GuruFocus' analysis, Leader Electronics (TSE:6867) is currently considered Modestly Undervalued. The stock's GF Value™ is 円510.51, compared to a current price of 円415.00 — trading 18.7% below its estimated fair value. The current Inventory Turnover is 1.18. Leader Electronics' overall GF Score™ is 65/100 with 5 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 Leader Electronics (TSE:6867), the current Inventory Turnover is 1.18 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 Leader Electronics (TSE:6867) Overvalued in 2026?

Based on GuruFocus' analysis, Leader Electronics stock appears to be undervalued. The current stock price of 円415.00 is trading 18.7% below its estimated GF Value™ of 円510.51. GuruFocus considers Leader Electronics to be Modestly Undervalued.

Key valuation signals for TSE:6867:

Inventory Turnover: 1.18
GF Value™: 円510.51 vs. price of 円415.00 (18.7% below fair value)
GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the TSE:6867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Leader Electronics Business Description

Industry Technology Hardware

Comparable Companies TSE:2667 TSE:6664 TSE:6424 TSE:6721 TSE:6861 COHR KEYS GRMN TDY TPE:2360 MKSI OSTO:HEXA B FTV TRMB SZSE:300567 CGNX ESE SZSE:002414 TSE:6856 TSE:7701

Address 2-6-33 Tsunashima-Higashi, Kohoku-ku, Yokohama, JPN, 223-8505

Website https://www.leader.co.jp

Leader Electronics Corp is engaged in the research, development, manufacturing, and sales of electronic measuring instruments, including those for broadcasting stations, manufacturers of professional video-related equipment, and signal monitoring during live broadcasts of sporting events.

65GF Score

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

円415.00

Price

円510.51

GF Value

View TSE:6867 Analysis

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