Tosho Co (TSE:8920) Inventory Turnover: 93.79 (As of Mar. 2026)

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TSE:8920 Tosho Co Ltd TSE:8920
87 GF Score
Price 円761.00
GF Value 円649.34
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Tosho Co Inventory Turnover?

Tosho Co TSE:8920 -1.30% 87 Inventory Turnover is 93.79 as of Mar. 2026. GuruFocus rates TSE:8920 with a GF Score™ of 87/100 and a GF Value™ of 円649.34 (Modestly Overvalued). 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. Tosho Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円4,702 Mil. Tosho Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円50 Mil. Tosho Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 93.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tosho Co's Days Inventory for the three months ended in Mar. 2026 was 0.97.

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. Tosho Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Tosho Co  (TSE:8920) 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.

Tosho 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
=50.1305/4701.579*365 / 4
=0.97

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.

Tosho 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 )
=50.1305 / 6644.422
=0.01

* 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.

Tosho Co Inventory Turnover Related Terms

Tosho Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Tosho 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.

Tosho Co Inventory Turnover Chart

Tosho 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 395.51 2.38 2.11 6.17 428.02

Tosho Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 105.67 120.51 101.81 88.89 93.79
TSE:8920
87GF Score
Tosho Co Ltd TSE:8920
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tosho Co Inventory Turnover Calculation

Tosho 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 )
=18395.456 / ((40.128 + 45.829) / 2 )
=18395.456 / 42.9785
=428.02

Tosho 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 )
=4701.579 / ((54.432 + 45.829) / 2 )
=4701.579 / 50.1305
=93.79

* 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 93.79 mean?
Tosho Co (TSE:8920) has a Inventory Turnover of 93.79 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tosho Co and its competitors.
Is Tosho Co's Inventory Turnover too high?
Tosho Co's current Inventory Turnover is 93.79. Overall, Tosho Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tosho Co's Inventory Turnover compare to HON and MMM?
Tosho Co's Inventory Turnover of 93.79 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Inventory Turnover depends on the Conglomerates 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 Tosho Co and its competitors. Tosho Co's current Inventory Turnover is 93.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tosho Co stock overvalued right now?
Based on GuruFocus' analysis, Tosho Co (TSE:8920) is currently considered Modestly Overvalued. The stock's GF Value™ is 円649.34, compared to a current price of 円761.00 — trading 17.2% above its estimated fair value. The current Inventory Turnover is 93.79. Tosho Co's overall GF Score™ is 87/100 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 Tosho Co (TSE:8920), the current Inventory Turnover is 93.79 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 Tosho Co (TSE:8920) Overvalued in 2026?

Based on GuruFocus' analysis, Tosho Co stock appears to be overvalued. The current stock price of 円761.00 is trading 17.2% above its estimated GF Value™ of 円649.34. GuruFocus considers Tosho Co to be Modestly Overvalued.

Key valuation signals for TSE:8920:

  • Inventory Turnover: 93.79
  • GF Value™: 円649.34 vs. price of 円761.00 (17.2% above fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the TSE:8920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tosho Co Business Description

Address 1-16-5, Mikawaanjocho, Anjo-Shi, Aichi, JPN, 446-0056
Tosho Co Ltd is mainly engaged in the operation of sports clubs in Japan. It mainly operates membership sports clubs under the name Holiday Sports Club and golf practice ranges under the name Holiday Golf Garden. The company's business segment includes Sports club business; Hotel business and Real estate business. It generates maximum revenue from the Sports club business segment.
87GF Score

Get the complete analysis for TSE:8920

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

円761.00
Price
円649.34
GF Value