Sincere Navigation (TPE:2605) Change In Inventory: NT$42 Mil (TTM As of Jun. 2026)

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TPE:2605 Sincere Navigation Corp TPE:2605
85 GF Score
Price NT$34.75
GF Value NT$31.49
Valuation Fairly Valued
! 5 Warning Signs
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What is Sincere Navigation Change In Inventory?

Sincere Navigation TPE:2605 -1.70% 85 Change In Inventory is NT$42 Mil as of Jun. 2026. GuruFocus rates TPE:2605 with a GF Score™ of 85/100 and a GF Value™ of NT$31.49 (Fairly Valued). The stock has 5 warning signs investors should review.

Sincere Navigation's change in inventory for the quarter that ended in Jun. 2026 was NT$40 Mil. It means Sincere Navigation's inventory declined by NT$40 Mil from Mar. 2026 to Jun. 2026 .

Sincere Navigation's change in inventory for the fiscal year that ended in Dec. 2025 was NT$41 Mil. It means Sincere Navigation's inventory declined by NT$41 Mil from Dec. 2024 to Dec. 2025 .

Sincere Navigation's Total Inventories for the quarter that ended in Jun. 2026 was NT$32 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sincere Navigation's Days Inventory for the quarter that ended in Jun. 2026 was 6.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sincere Navigation's Inventory Turnover for the quarter that ended in Jun. 2026 was 14.01.

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. Sincere Navigation's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.04.

Sincere Navigation  (TPE:2605) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=51.9025/727.341*365 / 4
=6.51

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

Sincere Navigation's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=727.341 / 51.9025
=14.01

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.

Sincere Navigation's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=51.9025 / 1330.244
=0.04

* 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.

Sincere Navigation Change In Inventory Related Terms

Sincere Navigation Change In Inventory Historical Data

* Premium members only.

The historical data trend for Sincere Navigation'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.

Sincere Navigation Change In Inventory Chart

Sincere Navigation 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 -109.51 53.23 61.33 19.40 40.98

Sincere Navigation Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -16.11 45.31 18.85 -62.01 40.23
TPE:2605
85GF Score
Sincere Navigation Corp TPE:2605
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Sincere Navigation 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$42 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$42 Mil mean?
Sincere Navigation (TPE:2605) has a Change In Inventory of NT$42 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Sincere Navigation and its competitors.
Is Sincere Navigation's Change In Inventory too high?
Sincere Navigation's current Change In Inventory is NT$42 Mil. Overall, Sincere Navigation has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sincere Navigation's Change In Inventory compare to competitors?
Sincere Navigation's Change In Inventory of NT$42 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Change In Inventory depends on the Transportation 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 Sincere Navigation and its competitors. Sincere Navigation's current Change In Inventory is NT$42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Navigation stock overvalued right now?
Based on GuruFocus' analysis, Sincere Navigation (TPE:2605) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.49, compared to a current price of NT$34.75 — trading 10.4% above its estimated fair value. The current Change In Inventory is NT$42 Mil. Sincere Navigation's overall GF Score™ is 85/100 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 Sincere Navigation (TPE:2605), the current Change In Inventory is NT$42 Mil as of Jun. 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 Sincere Navigation (TPE:2605) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Navigation stock appears to be overvalued. The current stock price of NT$34.75 is trading 10.4% above its estimated GF Value™ of NT$31.49. GuruFocus considers Sincere Navigation to be Fairly Valued.

Key valuation signals for TPE:2605:

  • Change In Inventory: NT$42 Mil
  • GF Value™: NT$31.49 vs. price of NT$34.75 (10.4% above fair value)
  • GF Score™: 85/100 with 5 warning signs

No single metric tells the full story. See the TPE:2605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sincere Navigation Business Description

Address Fuxing South Road, 14th Floor, No. 368, Section 1, Taipei, TWN, 10656
Sincere Navigation Corp is a bulk shipping transportation company in Taiwan. The company's main business line is to provide an integrated shipping solution. It provides a consistent, high-quality transportation service to customers around the world in key industries such as coal and iron ore mining, steel, energy, and paper. It provides tug and barge services. Its segment includes the Bulk carrier and Oil tanker segments. It derives the majority of the revenue from the Bulk carrier segment.
85GF Score

Get the complete analysis for TPE:2605

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

NT$34.75
Price
NT$31.49
GF Value