HOKUETSU METAL Co (TSE:5446) Total Inventories: 円4,012 Mil (As of Mar. 2026)

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TSE:5446 HOKUETSU METAL Co Ltd TSE:5446
53 GF Score
Price 円1,080.00
GF Value 円1,029.15
Valuation Fairly Valued
! 3 Warning Signs
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What is HOKUETSU METAL Co Total Inventories?

HOKUETSU METAL Co TSE:5446 -0.18% 53 Total Inventories is 円4,012 Mil as of Mar. 2026. GuruFocus rates TSE:5446 with a GF Score™ of 53/100 and a GF Value™ of 円1,029.15 (Fairly Valued). The stock has 3 warning signs investors should review.

HOKUETSU METAL Co's total inventories for the quarter that ended in Mar. 2026 was 円4,012 Mil. HOKUETSU METAL Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was 円3,960 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. HOKUETSU METAL Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was 円-492.58.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HOKUETSU METAL Co's Days Inventory for the three months ended in Mar. 2026 was 77.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. HOKUETSU METAL Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.18.

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. HOKUETSU METAL Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.75.


HOKUETSU METAL Co  (TSE:5446) 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.

HOKUETSU METAL Co'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)
=(2289.458+0.75 * 2317.877+0.5 * 4011.949-7934.232
-0-0)/3.858
=-492.58

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

HOKUETSU METAL 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
=3960.186/4689.322*365 / 4
=77.06

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

HOKUETSU METAL Co'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 )
=4689.322 / 3960.186
=1.18

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.

HOKUETSU METAL 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 )
=3960.186 / 5258.461
=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.


HOKUETSU METAL Co Total Inventories Related Terms


HOKUETSU METAL Co Total Inventories Historical Data

* Premium members only.

The historical data trend for HOKUETSU METAL 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.

HOKUETSU METAL Co Total Inventories Chart

HOKUETSU METAL Co 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 5,116.05 5,441.49 4,238.27 4,333.57 4,011.95

HOKUETSU METAL Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4,165.33 3,881.40 3,908.42 4,011.95 4,407.35
TSE:5446
53GF Score
HOKUETSU METAL Co Ltd TSE:5446
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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HOKUETSU METAL 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4,012 Mil mean?
HOKUETSU METAL Co (TSE:5446) has a Total Inventories of 円4,012 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for HOKUETSU METAL Co and its competitors.
Is HOKUETSU METAL Co's Total Inventories too high?
HOKUETSU METAL Co's current Total Inventories is 円4,012 Mil. Overall, HOKUETSU METAL Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HOKUETSU METAL Co's Total Inventories compare to NUE and STLD?
HOKUETSU METAL Co's Total Inventories of 円4,012 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Inventories depends on the Steel 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 HOKUETSU METAL Co and its competitors. HOKUETSU METAL Co's current Total Inventories is 円4,012 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HOKUETSU METAL Co stock overvalued right now?
Based on GuruFocus' analysis, HOKUETSU METAL Co (TSE:5446) is currently considered Fairly Valued. The stock's GF Value™ is 円1,029.15, compared to a current price of 円1,080.00 — trading 4.9% above its estimated fair value. The current Total Inventories is 円4,012 Mil. HOKUETSU METAL Co's overall GF Score™ is 53/100 with 3 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 HOKUETSU METAL Co (TSE:5446), the current Total Inventories is 円4,012 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 HOKUETSU METAL Co (TSE:5446) Overvalued in 2026?

Based on GuruFocus' analysis, HOKUETSU METAL Co stock appears to be overvalued. The current stock price of 円1,080.00 is trading 4.9% above its estimated GF Value™ of 円1,029.15. GuruFocus considers HOKUETSU METAL Co to be Fairly Valued.

Key valuation signals for TSE:5446:

  • Total Inventories: 円4,012 Mil
  • GF Value™: 円1,029.15 vs. price of 円1,080.00 (4.9% above fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the TSE:5446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HOKUETSU METAL Co Business Description

Address 3-3-1, Zao Nagaoka shi, Niigata-ken, JPN, 9400028
HOKUETSU METAL Co Ltd operates in the iron and steel industry. The principal business activities of the company include the manufacturing and processing of primary products such as steel, non-base metals and alloys, steel structures, and various other mechanical devices.
53GF Score

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

円1,080.00
Price
円1,029.15
GF Value