Zero Co (TSE:9028) Inventory Turnover: 6.65 (As of Mar. 2026)


TSE:9028 Zero Co Ltd TSE:9028
75 GF Score
Price 円3,670.00
GF Value 円2,580.84
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Zero Co Inventory Turnover?

Zero Co TSE:9028 -0.14% 75 Inventory Turnover is 6.65 as of Mar. 2026. GuruFocus rates TSE:9028 with a GF Score™ of 75/100 and a GF Value™ of 円2,580.84 (Significantly 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. Zero Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円40,003 Mil. Zero Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円6,013 Mil. Zero Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 6.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zero Co's Days Inventory for the three months ended in Mar. 2026 was 13.71.

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. Zero Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.13.

Zero Co  (TSE:9028) 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.

Zero 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
=6012.5/40003*365 / 4
=13.71

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.

Zero 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 )
=6012.5 / 46084
=0.13

* 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.

Zero Co Inventory Turnover Related Terms

Zero Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Zero 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.

Zero Co Inventory Turnover Chart

Zero Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.55 53.21 32.09 31.93 41.23

Zero Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 7.85 11.13 12.30 0.00 6.65
TSE:9028
75GF Score
Zero Co Ltd TSE:9028
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Zero Co Inventory Turnover Calculation

Zero Co's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Inventory Turnover (A: Jun. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2025 ) / ((Total Inventories (A: Jun. 2024 ) + Total Inventories (A: Jun. 2025 )) / count )
=126090 / ((2979 + 3137) / 2 )
=126090 / 3058
=41.23

Zero 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 )
=40003 / ((7895 + 4130) / 2 )
=40003 / 6012.5
=6.65

* 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 6.65 mean?
Zero Co (TSE:9028) has a Inventory Turnover of 6.65 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Zero Co and its competitors.
Is Zero Co's Inventory Turnover too high?
Zero Co's current Inventory Turnover is 6.65. Overall, Zero Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zero Co's Inventory Turnover compare to CVNA and PAG?
Zero Co's Inventory Turnover of 6.65 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Zero Co and its competitors. Zero Co's current Inventory Turnover is 6.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zero Co stock overvalued right now?
Based on GuruFocus' analysis, Zero Co (TSE:9028) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,580.84, compared to a current price of 円3,670.00 — trading 42.2% above its estimated fair value. The current Inventory Turnover is 6.65. Zero Co's overall GF Score™ is 75/100 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 Zero Co (TSE:9028), the current Inventory Turnover is 6.65 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 Zero Co (TSE:9028) Overvalued in 2026?

Based on GuruFocus' analysis, Zero Co stock appears to be overvalued. The current stock price of 円3,670.00 is trading 42.2% above its estimated GF Value™ of 円2,580.84. GuruFocus considers Zero Co to be Significantly Overvalued.

Key valuation signals for TSE:9028:

  • Inventory Turnover: 6.65
  • GF Value™: 円2,580.84 vs. price of 円3,670.00 (42.2% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TSE:9028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Zero Co Business Description

Address Solid Square West Tower 6th floor, 580 Horikawa-cho, Saiwai-ku, Kawasaki, JPN, 212-0013
Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.
75GF Score

Get the complete analysis for TSE:9028

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

円3,670.00
Price
円2,580.84
GF Value