Watts Co (TSE:2735) Total Inventories: 円11,763 Mil (As of Feb. 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:2735 Watts Co Ltd TSE:2735
61 GF Score
Price 円675.00
GF Value 円689.31
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Watts Co Total Inventories?

Watts Co TSE:2735 +1.50% 61 Total Inventories is 円11,763 Mil as of Feb. 2026. GuruFocus rates TSE:2735 with a GF Score™ of 61/100 and a GF Value™ of 円689.31 (Fairly Valued). The stock has 4 warning signs investors should review.

Watts Co's total inventories for the quarter that ended in Feb. 2026 was 円11,763 Mil. Watts Co's average total inventories from the quarter that ended in Nov. 2025 to the quarter that ended in Feb. 2026 was 円11,891 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Watts Co's Net-Net Working Capital per share for the quarter that ended in Feb. 2026 was 円19.16.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Watts Co's Days Inventory for the three months ended in Feb. 2026 was 111.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Watts Co's Inventory Turnover for the quarter that ended in Feb. 2026 was 0.82.

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. Watts Co's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.75.


Watts Co  (TSE:2735) 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.

Watts Co's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2026 is

Net-Net Working Capital Per Share (Q: Feb. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4840.562+0.75 * 3046.307+0.5 * 11763.362-12752.585
-0-0)/13.274
=19.16

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

Watts Co's Days Inventory for the three months ended in Feb. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=11890.9805/9749.866*365 / 4
=111.29

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

Watts Co's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2026 ) / Average Total Inventories (Q: Feb. 2026 )
=9749.866 / 11890.9805
=0.82

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.

Watts Co's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=11890.9805 / 15923.929
=0.75

* 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.


Watts Co Total Inventories Related Terms


Watts Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Watts Co'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.

Watts Co Total Inventories Chart

Watts Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,443.58 8,759.93 9,736.65 10,835.59 11,235.66

Watts Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 11,362.52 11,235.66 12,018.60 11,763.36 11,817.04
TSE:2735
61GF Score
Watts Co Ltd TSE:2735
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Watts Co 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 円11,763 Mil mean?
Watts Co (TSE:2735) has a Total Inventories of 円11,763 Mil as of Feb. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Watts Co and its competitors.
Is Watts Co's Total Inventories too high?
Watts Co's current Total Inventories is 円11,763 Mil. Overall, Watts Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Watts Co's Total Inventories compare to KR?
Watts Co's Total Inventories of 円11,763 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Total Inventories depends on the Retail - Defensive 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 Watts Co and its competitors. Watts Co's current Total Inventories is 円11,763 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watts Co stock overvalued right now?
Based on GuruFocus' analysis, Watts Co (TSE:2735) is currently considered Fairly Valued. The stock's GF Value™ is 円689.31, compared to a current price of 円675.00 — trading 2.1% below its estimated fair value. The current Total Inventories is 円11,763 Mil. Watts Co's overall GF Score™ is 61/100 with 4 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 Watts Co (TSE:2735), the current Total Inventories is 円11,763 Mil as of Feb. 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 Watts Co (TSE:2735) Overvalued in 2026?

Based on GuruFocus' analysis, Watts Co stock appears to be undervalued. The current stock price of 円675.00 is trading 2.1% below its estimated GF Value™ of 円689.31. GuruFocus considers Watts Co to be Fairly Valued.

Key valuation signals for TSE:2735:

  • Total Inventories: 円11,763 Mil
  • GF Value™: 円689.31 vs. price of 円675.00 (2.1% below fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the TSE:2735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Watts Co Business Description

Address Shiromi 1-4-70, Chuo-ku, Sumitomo Life Insurance OBP Plaza Building, 5th Floor, Osaka, JPN, 540-0001
Watts Co Ltd is engaged in the wholesale of daily necessities, grocery and food products, and other goods. The company's product profile includes Sanitary goods, Cleaning sheet, Water supply equipment, Lunch supplies, and other related products.
61GF Score

Get the complete analysis for TSE:2735

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

円675.00
Price
円689.31
GF Value