Hiroshima Gas Co (TSE:9535) Inventory Turnover: 2.22 (As of Mar. 2026)

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TSE:9535 Hiroshima Gas Co Ltd TSE:9535
62 GF Score
Price 円422.00
GF Value 円351.78
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Hiroshima Gas Co Inventory Turnover?

Hiroshima Gas Co TSE:9535 +0.48% 62 Inventory Turnover is 2.22 as of Mar. 2026. GuruFocus rates TSE:9535 with a GF Score™ of 62/100 and a GF Value™ of 円351.78 (Modestly Overvalued). The stock has 6 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. Hiroshima Gas Co's Cost of Goods Sold for the three months ended in Mar. 2026 was 円18,075 Mil. Hiroshima Gas Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円8,147 Mil. Hiroshima Gas Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hiroshima Gas Co's Days Inventory for the three months ended in Mar. 2026 was 41.13.

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. Hiroshima Gas Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.

Hiroshima Gas Co  (TSE:9535) 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.

Hiroshima Gas 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
=8146.5/18075*365 / 4
=41.13

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.

Hiroshima Gas 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 )
=8146.5 / 26517
=0.31

* 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.

Hiroshima Gas Co Inventory Turnover Related Terms

Hiroshima Gas Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hiroshima Gas 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.

Hiroshima Gas Co Inventory Turnover Chart

Hiroshima Gas 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 9.17 8.18 6.25 6.93 7.13

Hiroshima Gas Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 1.86 1.76 2.01 2.22
TSE:9535
62GF Score
Hiroshima Gas Co Ltd TSE:9535
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hiroshima Gas Co Inventory Turnover Calculation

Hiroshima Gas 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 )
=62033 / ((8517 + 8880) / 2 )
=62033 / 8698.5
=7.13

Hiroshima Gas 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 )
=18075 / ((7413 + 8880) / 2 )
=18075 / 8146.5
=2.22

* 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 2.22 mean?
Hiroshima Gas Co (TSE:9535) has a Inventory Turnover of 2.22 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hiroshima Gas Co and its competitors.
Is Hiroshima Gas Co's Inventory Turnover too high?
Hiroshima Gas Co's current Inventory Turnover is 2.22. Overall, Hiroshima Gas Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiroshima Gas Co's Inventory Turnover compare to XOM and CVX?
Hiroshima Gas Co's Inventory Turnover of 2.22 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Inventory Turnover depends on the Oil & Gas 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 Hiroshima Gas Co and its competitors. Hiroshima Gas Co's current Inventory Turnover is 2.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiroshima Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hiroshima Gas Co (TSE:9535) is currently considered Modestly Overvalued. The stock's GF Value™ is 円351.78, compared to a current price of 円422.00 — trading 20% above its estimated fair value. The current Inventory Turnover is 2.22. Hiroshima Gas Co's overall GF Score™ is 62/100 with 6 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 Hiroshima Gas Co (TSE:9535), the current Inventory Turnover is 2.22 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 Hiroshima Gas Co (TSE:9535) Overvalued in 2026?

Based on GuruFocus' analysis, Hiroshima Gas Co stock appears to be overvalued. The current stock price of 円422.00 is trading 20% above its estimated GF Value™ of 円351.78. GuruFocus considers Hiroshima Gas Co to be Modestly Overvalued.

Key valuation signals for TSE:9535:

  • Inventory Turnover: 2.22
  • GF Value™: 円351.78 vs. price of 円422.00 (20% above fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the TSE:9535 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hiroshima Gas Co Business Description

Industry EnergyOil & Gas
Address 2-7-1 Minamimachi, Minami Ward, Hiroshima, JPN, 734-8555
Hiroshima Gas Co Ltd is a provider of gas in the Chugoku region of Japan. It engages in supply of gas business, sale of gas appliances, sales of liquefied natural gas, and electricity business. Its business segments include Gas business which includes production, supply and sale of city gas, wholesale supply of gas to other gas companies; LPG business includes sale of LPG, refilling of LPG tanks, sale of LPG devices and installation of LPG pipes, and Other activities include construction, engineering, installation of machinery, and information distribution.
62GF Score

Get the complete analysis for TSE:9535

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

円422.00
Price
円351.78
GF Value