Step Co (TSE:9795) Inventory Turnover: 84.34 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9795 Step Co Ltd TSE:9795
74 GF Score
Price 円2,230.00
GF Value 円2,369.60
Valuation Fairly Valued
View Full Analysis

What is Step Co Inventory Turnover?

Step Co TSE:9795 +0.04% 74 Inventory Turnover is 84.34 as of Mar. 2026. GuruFocus rates TSE:9795 with a GF Score™ of 74/100 and a GF Value™ of 円2,369.60 (Fairly Valued).

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. Step Co's Cost of Goods Sold for the six months ended in Mar. 2026 was 円5,481 Mil. Step Co's Average Total Inventories for the quarter that ended in Mar. 2026 was 円65 Mil. Step Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 84.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Step Co's Days Inventory for the six months ended in Mar. 2026 was 2.16.

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

Step Co  (TSE:9795) 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.

Step Co'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
=64.9815/5480.596*365 / 2
=2.16

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.

Step 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 )
=64.9815 / 8356.911
=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.

Step Co Inventory Turnover Related Terms

Step Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Step 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.

Step Co Inventory Turnover Chart

Step Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 359.96 320.42 285.86 287.76 299.77

Step Co 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 89.93 102.94 92.73 99.54 84.34
TSE:9795
74GF Score
Step Co Ltd TSE:9795
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Step Co Inventory Turnover Calculation

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

Inventory Turnover (A: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2025 ) / ((Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count )
=11145.428 / ((36.703 + 37.657) / 2 )
=11145.428 / 37.18
=299.77

Step 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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=5480.596 / ((37.657 + 92.306) / 2 )
=5480.596 / 64.9815
=84.34

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 84.34 mean?
Step Co (TSE:9795) has a Inventory Turnover of 84.34 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Step Co and its competitors.
Is Step Co's Inventory Turnover too high?
Step Co's current Inventory Turnover is 84.34. Overall, Step Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Step Co's Inventory Turnover compare to EDU and TAL?
Step Co's Inventory Turnover of 84.34 can be compared against companies in the Education 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 Education company?
A good Inventory Turnover depends on the Education 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 Step Co and its competitors. Step Co's current Inventory Turnover is 84.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Step Co stock overvalued right now?
Based on GuruFocus' analysis, Step Co (TSE:9795) is currently considered Fairly Valued. The stock's GF Value™ is 円2,369.60, compared to a current price of 円2,230.00 — trading 5.9% below its estimated fair value. The current Inventory Turnover is 84.34. Step Co's overall GF Score™ is 74/100. 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 Step Co (TSE:9795), the current Inventory Turnover is 84.34 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 Step Co (TSE:9795) Overvalued in 2026?

Based on GuruFocus' analysis, Step Co stock appears to be undervalued. The current stock price of 円2,230.00 is trading 5.9% below its estimated GF Value™ of 円2,369.60. GuruFocus considers Step Co to be Fairly Valued.

Key valuation signals for TSE:9795:

  • Inventory Turnover: 84.34
  • GF Value™: 円2,369.60 vs. price of 円2,230.00 (5.9% below fair value)
  • GF Score™: 74/100

No single metric tells the full story. See the TSE:9795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Step Co Business Description

Address Fujisawa 602, Kanagawa Prefecture, Fujisawa, JPN, 251-0052
Step Co Ltd is a Japan-based company engaged in the operation of private preparatory schools. The company operates cram schools and after-school care facilities, and produces and edits educational materials, as well as prints and binds books. The company is engaged in providing high school entrance exam preparation courses, Teaching Materials Research Division produces manuscripts and original plates for teaching materials, academic programs, physical education, and shogi (Japanese chess), and other activities.
74GF Score

Get the complete analysis for TSE:9795

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

円2,230.00
Price
円2,369.60
GF Value