Nitto Kogyo (TSE:6651) Total Inventories: 円26,066 Mil (As of Mar. 2026)

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TSE:6651 Nitto Kogyo Corp TSE:6651
94 GF Score
Price 円4,360.00
GF Value 円4,314.22
Valuation Fairly Valued
! 1 Warning Sign
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What is Nitto Kogyo Total Inventories?

Nitto Kogyo TSE:6651 +1.63% 94 Total Inventories is 円26,066 Mil as of Mar. 2026. GuruFocus rates TSE:6651 with a GF Score™ of 94/100 and a GF Value™ of 円4,314.22 (Fairly Valued). The stock has 1 warning sign investors should review.

Nitto Kogyo's total inventories for the quarter that ended in Mar. 2026 was 円26,066 Mil. Nitto Kogyo's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was 円27,150 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nitto Kogyo's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was 円327.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nitto Kogyo's Days Inventory for the three months ended in Mar. 2026 was 64.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nitto Kogyo's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.42.

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. Nitto Kogyo's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.51.


Nitto Kogyo  (TSE:6651) 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.

Nitto Kogyo'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)
=(35375+0.75 * 34125+0.5 * 26066-60064
-0-1522)/37.937
=327.27

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

Nitto Kogyo'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
=27150/38551*365 / 4
=64.26

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

Nitto Kogyo'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 )
=38551 / 27150
=1.42

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.

Nitto Kogyo'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 )
=27150 / 52763
=0.51

* 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.


Nitto Kogyo Total Inventories Related Terms


Nitto Kogyo Total Inventories Historical Data

* Premium members only.

The historical data trend for Nitto Kogyo'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.

Nitto Kogyo Total Inventories Chart

Nitto Kogyo 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 15,832.00 21,026.00 22,223.00 28,483.00 26,066.00

Nitto Kogyo 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 28,483.00 29,116.00 28,382.00 28,234.00 26,066.00
TSE:6651
94GF Score
Nitto Kogyo Corp TSE:6651
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitto Kogyo 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26,066 Mil mean?
Nitto Kogyo (TSE:6651) has a Total Inventories of 円26,066 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Nitto Kogyo and its competitors.
Is Nitto Kogyo's Total Inventories too high?
Nitto Kogyo's current Total Inventories is 円26,066 Mil. Overall, Nitto Kogyo has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nitto Kogyo's Total Inventories compare to VRT and BE?
Nitto Kogyo's Total Inventories of 円26,066 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Total Inventories depends on the Industrial Products 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 Nitto Kogyo and its competitors. Nitto Kogyo's current Total Inventories is 円26,066 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Kogyo stock overvalued right now?
Based on GuruFocus' analysis, Nitto Kogyo (TSE:6651) is currently considered Fairly Valued. The stock's GF Value™ is 円4,314.22, compared to a current price of 円4,360.00 — trading 1.1% above its estimated fair value. The current Total Inventories is 円26,066 Mil. Nitto Kogyo's overall GF Score™ is 94/100 with 1 warning sign 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 Nitto Kogyo (TSE:6651), the current Total Inventories is 円26,066 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 Nitto Kogyo (TSE:6651) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Kogyo stock appears to be overvalued. The current stock price of 円4,360.00 is trading 1.1% above its estimated GF Value™ of 円4,314.22. GuruFocus considers Nitto Kogyo to be Fairly Valued.

Key valuation signals for TSE:6651:

  • Total Inventories: 円26,066 Mil
  • GF Value™: 円4,314.22 vs. price of 円4,360.00 (1.1% above fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the TSE:6651 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitto Kogyo Business Description

Address 2201, Kanihara, Nagakute-cho, Aichi County, Tokyo, JPN, 480-1189
Nitto Kogyo Corp is a Japan-based company which provides a wide range of product materials, such as electric circuit panelboard powered high-pressure equipment, such as information and communications-related materials. It is engaged in manufacture and sales of electric and mechanical equipment such as high-voltage power-receiving equipment, panel boards, home panel boards, charging stations, optical junction boxes, metal enclosures, plastic enclosures, racks, breakers, switches, thermal management products, and so on. The company is also in Power Generation and sales business.
94GF Score

Get the complete analysis for TSE:6651

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

円4,360.00
Price
円4,314.22
GF Value