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Test Rite International Co's change in inventory for the fiscal year that ended in Dec. 2025 was NT$115 Mil. It means Test Rite International Co's inventory
declined by NT$115 Mil
from Dec. 2024 to Dec. 2025 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Test Rite International Co's Days Inventory for the quarter that ended in Mar. 2026 was 101.02.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Test Rite International Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.90.
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.
Test Rite International Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.78.
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.
Test Rite International Co'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.
Test Rite International Co Change In Inventory Related Terms
Test Rite International Co Change In Inventory Historical Data
* 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.
Test Rite International Co Change In Inventory Chart
Test Rite International Co 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$358 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.
What does a Change In Inventory of NT$358 Mil mean?
Test Rite International Co (TPE:2908) has a Change In Inventory of NT$358 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Test Rite International Co and its competitors.
Is Test Rite International Co's Change In Inventory too high?
Test Rite International Co's current Change In Inventory is NT$358 Mil. Overall, Test Rite International Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Test Rite International Co's Change In Inventory compare to HD and LOW?
Test Rite International Co's Change In Inventory of NT$358 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Change In Inventory depends on the Retail - Cyclical 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 Test Rite International Co and its competitors. Test Rite International Co's current Change In Inventory is NT$358 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Test Rite International Co stock overvalued right now?
Based on GuruFocus' analysis, Test Rite International Co (TPE:2908) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$19.05, compared to a current price of NT$21.85 — trading 14.7% above its estimated fair value. The current Change In Inventory is NT$358 Mil. Test Rite International Co's overall GF Score™ is 63/100 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 Test Rite International Co (TPE:2908), the current Change In Inventory is NT$358 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 Test Rite International Co (TPE:2908) Overvalued in 2026?
Based on GuruFocus' analysis, Test Rite International Co stock appears to be overvalued.
The current stock price of NT$21.85 is trading 14.7% above its estimated GF Value™ of NT$19.05.
GuruFocus considers Test Rite International Co to be Modestly Overvalued.
Key valuation signals for TPE:2908:
Change In Inventory: NT$358 Mil
GF Value™: NT$19.05 vs. price of NT$21.85 (14.7% above fair value)
No single metric tells the full story. See the TPE:2908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Test Rite International Co Ltd is a Taiwan-based company that is principally engaged in the trading business and retail business. It mainly imports and exports hand tools, auto parts, machinery, furniture, and various home appliances. Test-Rite's marketplaces are located in the United States of America, Canada, Great Britain, France, Germany, Australia, etc.
63GF Score
Get the complete analysis for TPE:2908
Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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