Neturen Co (TSE:5976) Total Inventories: 円7,602 Mil (As of Mar. 2026)

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TSE:5976 Neturen Co Ltd TSE:5976
71 GF Score
Price 円1,323.00
GF Value 円1,188.20
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Neturen Co Total Inventories?

Neturen Co TSE:5976 +0.76% 71 Total Inventories is 円7,602 Mil as of Mar. 2026. GuruFocus rates TSE:5976 with a GF Score™ of 71/100 and a GF Value™ of 円1,188.20 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Neturen Co's total inventories for the quarter that ended in Mar. 2026 was 円7,602 Mil. Neturen Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was 円7,927 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Neturen Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was 円28.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Neturen Co's Days Inventory for the three months ended in Mar. 2026 was 52.57.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neturen Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.74.

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. Neturen Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.46.


Neturen Co  (TSE:5976) 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.

Neturen 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)
=(17492+0.75 * 12762+0.5 * 7602-22769
-0-7159)/32.605
=28.72

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

Neturen 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
=7926.5/13759*365 / 4
=52.57

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

Neturen 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 )
=13759 / 7926.5
=1.74

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.

Neturen 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 )
=7926.5 / 17098
=0.46

* 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.


Neturen Co Total Inventories Related Terms


Neturen Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Neturen 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.

Neturen Co Total Inventories Chart

Neturen 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 5,798.00 6,883.00 7,475.00 7,131.00 7,602.00

Neturen Co 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 7,131.00 7,515.00 7,772.00 8,251.00 7,602.00
TSE:5976
71GF Score
Neturen Co Ltd TSE:5976
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Neturen 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7,602 Mil mean?
Neturen Co (TSE:5976) has a Total Inventories of 円7,602 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Neturen Co and its competitors.
Is Neturen Co's Total Inventories too high?
Neturen Co's current Total Inventories is 円7,602 Mil. Overall, Neturen Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neturen Co's Total Inventories compare to NUE and STLD?
Neturen Co's Total Inventories of 円7,602 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 Neturen Co and its competitors. Neturen Co's current Total Inventories is 円7,602 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neturen Co stock overvalued right now?
Based on GuruFocus' analysis, Neturen Co (TSE:5976) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,188.20, compared to a current price of 円1,323.00 — trading 11.3% above its estimated fair value. The current Total Inventories is 円7,602 Mil. Neturen Co's overall GF Score™ is 71/100 with 6 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 Neturen Co (TSE:5976), the current Total Inventories is 円7,602 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 Neturen Co (TSE:5976) Overvalued in 2026?

Based on GuruFocus' analysis, Neturen Co stock appears to be overvalued. The current stock price of 円1,323.00 is trading 11.3% above its estimated GF Value™ of 円1,188.20. GuruFocus considers Neturen Co to be Modestly Overvalued.

Key valuation signals for TSE:5976:

  • Total Inventories: 円7,602 Mil
  • GF Value™: 円1,188.20 vs. price of 円1,323.00 (11.3% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the TSE:5976 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neturen Co Business Description

Address Oval Court Ohsaki Mark West, 2-17-1 Higashi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8639
Neturen Co Ltd is a steel and steel products manufacturing company. It manufactures and sells prestressing and deformed steel bars for prestressed concrete used in civil engineering and construction field; Induction Heated, Quenched and Tempered Wire used in suspension springs for auto parts and construction machine parts; and induction heating equipment for various industries. The company's segments consist of Specialty Steel and Wire Products Division and Induction Heat Treatment Service and Heating Machine Division. The majority of the revenue is derived from the manufacturing and sale of prestressing steel bars and shear reinforcement bars.
71GF Score

Get the complete analysis for TSE:5976

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

円1,323.00
Price
円1,188.20
GF Value