Taiwan Mask (TPE:2338) Change In Inventory: NT$264 Mil (TTM As of Mar. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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TPE:2338 Taiwan Mask Corp TPE:2338
68 GF Score
Price NT$38.20
GF Value NT$40.89
Valuation Fairly Valued
! 5 Warning Signs
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What is Taiwan Mask Change In Inventory?

Taiwan Mask TPE:2338 +1.06% 68 Change In Inventory is NT$264 Mil as of Mar. 2026. GuruFocus rates TPE:2338 with a GF Score™ of 68/100 and a GF Value™ of NT$40.89 (Fairly Valued). The stock has 5 warning signs investors should review.

Taiwan Mask's change in inventory for the quarter that ended in Mar. 2026 was NT$-2 Mil. It means Taiwan Mask's inventory increased by NT$2 Mil from Dec. 2025 to Mar. 2026 .

Taiwan Mask's change in inventory for the fiscal year that ended in Dec. 2025 was NT$254 Mil. It means Taiwan Mask's inventory declined by NT$254 Mil from Dec. 2024 to Dec. 2025 .

Taiwan Mask's Total Inventories for the quarter that ended in Mar. 2026 was NT$421 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Taiwan Mask's Days Inventory for the quarter that ended in Mar. 2026 was 30.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Taiwan Mask's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.02.

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. Taiwan Mask's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.27.


Taiwan Mask  (TPE:2338) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=420.1145/1268.629*365 / 4
=30.22

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

Taiwan Mask'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.

Taiwan Mask'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.


Taiwan Mask Change In Inventory Related Terms


Taiwan Mask Change In Inventory Historical Data

* Premium members only.

The historical data trend for Taiwan Mask'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.

Taiwan Mask Change In Inventory Chart

Taiwan Mask 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 -182.38 21.19 -250.77 -21.96 254.24

Taiwan Mask 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 -11.84 45.24 31.71 189.13 -1.79
TPE:2338
68GF Score
Taiwan Mask Corp TPE:2338
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Mask 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$264 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$264 Mil mean?
Taiwan Mask (TPE:2338) has a Change In Inventory of NT$264 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Taiwan Mask and its competitors.
Is Taiwan Mask's Change In Inventory too high?
Taiwan Mask's current Change In Inventory is NT$264 Mil. Overall, Taiwan Mask has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Mask's Change In Inventory compare to AMAT and LRCX?
Taiwan Mask's Change In Inventory of NT$264 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Change In Inventory depends on the Semiconductors 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 Taiwan Mask and its competitors. Taiwan Mask's current Change In Inventory is NT$264 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Mask stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Mask (TPE:2338) is currently considered Fairly Valued. The stock's GF Value™ is NT$40.89, compared to a current price of NT$38.20 — trading 6.6% below its estimated fair value. The current Change In Inventory is NT$264 Mil. Taiwan Mask's overall GF Score™ is 68/100 with 5 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 Taiwan Mask (TPE:2338), the current Change In Inventory is NT$264 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 Taiwan Mask (TPE:2338) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Mask stock appears to be undervalued. The current stock price of NT$38.20 is trading 6.6% below its estimated GF Value™ of NT$40.89. GuruFocus considers Taiwan Mask to be Fairly Valued.

Key valuation signals for TPE:2338:

  • Change In Inventory: NT$264 Mil
  • GF Value™: NT$40.89 vs. price of NT$38.20 (6.6% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the TPE:2338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Mask Business Description

Address No. 11, Chuangxin 1st Road, Hsinchu Science Park, Hsinchu, TWN
Taiwan Mask Corp manufactures and markets photomasks products for semiconductor production. The company also produces and sells products such as masks and integrated circuits used in semiconductors, and has a diversified sales base. The product segment of the company comprises Photomask and the semiconductor segment. The company generates its revenue from the Photomask and semiconductor segments.
68GF Score

Get the complete analysis for TPE:2338

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

NT$38.20
Price
NT$40.89
GF Value