TSRC (TPE:2103) Change In Inventory: NT$297 Mil (TTM As of Mar. 2026)

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TPE:2103 TSRC Corp TPE:2103
65 GF Score
Price NT$21.25
GF Value NT$24.42
Valuation Modestly Undervalued
! 11 Warning Signs
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What is TSRC Change In Inventory?

TSRC TPE:2103 +3.66% 65 Change In Inventory is NT$297 Mil as of Mar. 2026. GuruFocus rates TPE:2103 with a GF Score™ of 65/100 and a GF Value™ of NT$24.42 (Modestly Undervalued). The stock has 11 warning signs investors should review.

TSRC's change in inventory for the quarter that ended in Mar. 2026 was NT$-112 Mil. It means TSRC's inventory increased by NT$112 Mil from Dec. 2025 to Mar. 2026 .

TSRC's change in inventory for the fiscal year that ended in Dec. 2025 was NT$-255 Mil. It means TSRC's inventory increased by NT$255 Mil from Dec. 2024 to Dec. 2025 .

TSRC's Total Inventories for the quarter that ended in Mar. 2026 was NT$7,950 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TSRC's Days Inventory for the quarter that ended in Mar. 2026 was 79.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. TSRC's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.15.

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. TSRC's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.76.


TSRC  (TPE:2103) Change In Inventory Explanation

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

TSRC's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=7894.001/9065.134*365 / 4
=79.46

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

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

3. 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.

TSRC's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

* 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.


TSRC Change In Inventory Related Terms


TSRC Change In Inventory Historical Data

* Premium members only.

The historical data trend for TSRC's Change In Inventory 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.

TSRC Change In Inventory Chart

TSRC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -857.35 -1,862.22 839.17 -930.46 -254.87

TSRC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory 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 -663.71 1,642.51 -412.38 -821.29 -111.61
TPE:2103
65GF Score
TSRC Corp TPE:2103
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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TSRC Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$297 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of NT$297 Mil mean?
TSRC (TPE:2103) has a Change In Inventory of NT$297 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for TSRC and its competitors.
Is TSRC's Change In Inventory too high?
TSRC's current Change In Inventory is NT$297 Mil. Overall, TSRC has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TSRC's Change In Inventory compare to LIN and SHW?
TSRC's Change In Inventory of NT$297 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Chemicals company?
A good Change In Inventory depends on the Chemicals industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for TSRC and its competitors. TSRC's current Change In Inventory is NT$297 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSRC stock overvalued right now?
Based on GuruFocus' analysis, TSRC (TPE:2103) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$24.42, compared to a current price of NT$21.25 — trading 13% below its estimated fair value. The current Change In Inventory is NT$297 Mil. TSRC's overall GF Score™ is 65/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For TSRC (TPE:2103), the current Change In Inventory is NT$297 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 TSRC (TPE:2103) Overvalued in 2026?

Based on GuruFocus' analysis, TSRC stock appears to be undervalued. The current stock price of NT$21.25 is trading 13% below its estimated GF Value™ of NT$24.42. GuruFocus considers TSRC to be Modestly Undervalued.

Key valuation signals for TPE:2103:

  • Change In Inventory: NT$297 Mil
  • GF Value™: NT$24.42 vs. price of NT$21.25 (13% below fair value)
  • GF Score™: 65/100 with 11 warning signs

No single metric tells the full story. See the TPE:2103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSRC Business Description

Address No. 2, Singgong Road, Dashe District, Kaohsiung, TWN
TSRC Corporation is a rubber manufacturer based out of Taiwan. The company offers tire products globally, with Asian markets accounting for the majority of the company's sales. Product offerings are divided into the Synthetic Rubber business and Applied polymer business. Under the Synthetic Rubber business, tires are built to improve abrasion resistance and provide low rolling resistance and wet grip resistance. Consumers of TSRC Corp tire products depend on products to deliver reduced fuel consumption and meet a host of regulations and environmental conditions. Products under the Applied Polymers business are often used in high-grade shoe soles, asphalt modification, plastic modification, adhesives, and other end markets. Its geographical segments are Asia, America, Europe, and Others.
65GF Score

Get the complete analysis for TPE:2103

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

NT$21.25
Price
NT$24.42
GF Value