Naikai Zosen (TSE:7018) Inventory Turnover: 17.51 (As of Mar. 2026)

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TSE:7018 Naikai Zosen Corp TSE:7018
71 GF Score
Price 円9,540.00
GF Value 円5,626.94
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Naikai Zosen Inventory Turnover?

Naikai Zosen TSE:7018 -5.36% 71 Inventory Turnover is 17.51 as of Mar. 2026. GuruFocus rates TSE:7018 with a GF Score™ of 71/100 and a GF Value™ of 円5,626.94 (Significantly Overvalued). The stock has 1 warning sign 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. Naikai Zosen's Cost of Goods Sold for the six months ended in Mar. 2026 was 円23,022 Mil. Naikai Zosen's Average Total Inventories for the quarter that ended in Mar. 2026 was 円1,315 Mil. Naikai Zosen's Inventory Turnover for the quarter that ended in Mar. 2026 was 17.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Naikai Zosen's Days Inventory for the six months ended in Mar. 2026 was 10.42.

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. Naikai Zosen's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.05.

Naikai Zosen  (TSE:7018) 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.

Naikai Zosen'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
=1314.5/23022*365 / 2
=10.42

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.

Naikai Zosen'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 )
=1314.5 / 25364
=0.05

* 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.

Naikai Zosen Inventory Turnover Related Terms

Naikai Zosen Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Naikai Zosen'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.

Naikai Zosen Inventory Turnover Chart

Naikai Zosen 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 74.80 43.58 46.91 58.18 57.83

Naikai Zosen 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 30.64 35.20 28.94 14.08 17.51
TSE:7018
71GF Score
Naikai Zosen Corp TSE:7018
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Naikai Zosen Inventory Turnover Calculation

Naikai Zosen'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 )
=42624 / ((815 + 659) / 2 )
=42624 / 737
=57.83

Naikai Zosen'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 )
=23022 / ((1970 + 659) / 2 )
=23022 / 1314.5
=17.51

* 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 17.51 mean?
Naikai Zosen (TSE:7018) has a Inventory Turnover of 17.51 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Naikai Zosen and its competitors.
Is Naikai Zosen's Inventory Turnover too high?
Naikai Zosen's current Inventory Turnover is 17.51. Overall, Naikai Zosen has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naikai Zosen's Inventory Turnover compare to SPCX and GE?
Naikai Zosen's Inventory Turnover of 17.51 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 Naikai Zosen and its competitors. Naikai Zosen's current Inventory Turnover is 17.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naikai Zosen stock overvalued right now?
Based on GuruFocus' analysis, Naikai Zosen (TSE:7018) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5,626.94, compared to a current price of 円9,540.00 — trading 69.5% above its estimated fair value. The current Inventory Turnover is 17.51. Naikai Zosen's overall GF Score™ is 71/100 with 1 warning sign 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 Naikai Zosen (TSE:7018), the current Inventory Turnover is 17.51 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 Naikai Zosen (TSE:7018) Overvalued in 2026?

Based on GuruFocus' analysis, Naikai Zosen stock appears to be overvalued. The current stock price of 円9,540.00 is trading 69.5% above its estimated GF Value™ of 円5,626.94. GuruFocus considers Naikai Zosen to be Significantly Overvalued.

Key valuation signals for TSE:7018:

  • Inventory Turnover: 17.51
  • GF Value™: 円5,626.94 vs. price of 円9,540.00 (69.5% above fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the TSE:7018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Naikai Zosen Business Description

Address 226-6 swamp town Setoda Onomichi, Hiroshima, JPN, 722-2493
Naikai Zosen Corp is a shipbuilding company. The company constructs various ships, such as container ships, product tankers, car carriers, bulk carriers, chemical tankers, cargo ships, passenger ferries, and research vessels.
71GF Score

Get the complete analysis for TSE:7018

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

円9,540.00
Price
円5,626.94
GF Value