IIJIF (Internet Initiative Japan) Total Inventories: $45 Mil (As of Mar. 2026)


IIJIF Internet Initiative Japan Inc IIJIF
94 GF Score
Price $18.51
GF Value $20.14
Valuation Fairly Valued
! 5 Warning Signs
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What is Internet Initiative Japan Total Inventories?

Internet Initiative Japan IIJIF -3.09% 94 Total Inventories is $45 Mil as of Mar. 2026. GuruFocus rates IIJIF with a GF Score™ of 94/100 and a GF Value™ of $20.14 (Fairly Valued). The stock has 5 warning signs investors should review.

Internet Initiative Japan's total inventories for the quarter that ended in Mar. 2026 was $45 Mil. Internet Initiative Japan's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $40 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Internet Initiative Japan's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-3.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Internet Initiative Japan's Days Inventory for the three months ended in Mar. 2026 was 7.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Internet Initiative Japan's Inventory Turnover for the quarter that ended in Mar. 2026 was 11.67.

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. Internet Initiative Japan's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.07.


Internet Initiative Japan  (OTCPK:IIJIF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Internet Initiative Japan's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(262.02+0.75 * 391.246+0.5 * 44.945-1181.364
-0-9.226)/177.262
=-3.46

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Internet Initiative Japan'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
=40.0175/466.988*365 / 4
=7.82

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Internet Initiative Japan's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=466.988 / 40.0175
=11.67

4. 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.

Internet Initiative Japan'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 )
=40.0175 / 605.384
=0.07

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Internet Initiative Japan Total Inventories Related Terms


Internet Initiative Japan Total Inventories Historical Data

* Premium members only.

The historical data trend for Internet Initiative Japan's Total Inventories 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.

Internet Initiative Japan Total Inventories Chart

Internet Initiative Japan Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.99 23.85 21.54 31.40 44.95

Internet Initiative Japan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 31.40 39.97 43.36 35.09 44.95
IIJIF
94GF Score
Internet Initiative Japan Inc IIJIF
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Internet Initiative Japan Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $45 Mil mean?
Internet Initiative Japan (IIJIF) has a Total Inventories of $45 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Internet Initiative Japan and its competitors.
Is Internet Initiative Japan's Total Inventories too high?
Internet Initiative Japan's current Total Inventories is $45 Mil. Overall, Internet Initiative Japan has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Internet Initiative Japan's Total Inventories compare to TMUS and VZ?
Internet Initiative Japan's Total Inventories of $45 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Telecommunication Services company?
A good Total Inventories depends on the Telecommunication Services industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Internet Initiative Japan and its competitors. Internet Initiative Japan's current Total Inventories is $45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internet Initiative Japan stock overvalued right now?
Based on GuruFocus' analysis, Internet Initiative Japan (IIJIF) is currently considered Fairly Valued. The stock's GF Value™ is $20.14, compared to a current price of $18.51 — trading 8.1% below its estimated fair value. The current Total Inventories is $45 Mil. Internet Initiative Japan's overall GF Score™ is 94/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Internet Initiative Japan (IIJIF), the current Total Inventories is $45 Mil 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 Internet Initiative Japan (IIJIF) Overvalued in 2026?

Based on GuruFocus' analysis, Internet Initiative Japan stock appears to be undervalued. The current stock price of $18.51 is trading 8.1% below its estimated GF Value™ of $20.14. GuruFocus considers Internet Initiative Japan to be Fairly Valued.

Key valuation signals for IIJIF:

  • Total Inventories: $45 Mil
  • GF Value™: $20.14 vs. price of $18.51 (8.1% below fair value)
  • GF Score™: 94/100 with 5 warning signs

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


Internet Initiative Japan Business Description

Address Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.
94GF Score

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

$18.51
Price
$20.14
GF Value