Elite Advanced Laser (TPE:3450) Change In Inventory: NT$-448 Mil (TTM As of Mar. 2026)

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TPE:3450 Elite Advanced Laser Corp TPE:3450
69 GF Score
Price NT$510.00
GF Value NT$254.87
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Elite Advanced Laser Change In Inventory?

Elite Advanced Laser TPE:3450 -3.23% 69 Change In Inventory is NT$-448 Mil as of Mar. 2026. GuruFocus rates TPE:3450 with a GF Score™ of 69/100 and a GF Value™ of NT$254.87 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Elite Advanced Laser's change in inventory for the quarter that ended in Mar. 2026 was NT$-70 Mil. It means Elite Advanced Laser's inventory increased by NT$70 Mil from Dec. 2025 to Mar. 2026 .

Elite Advanced Laser's change in inventory for the fiscal year that ended in Dec. 2025 was NT$-457 Mil. It means Elite Advanced Laser's inventory increased by NT$457 Mil from Dec. 2024 to Dec. 2025 .

Elite Advanced Laser's Total Inventories for the quarter that ended in Mar. 2026 was NT$1,067 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elite Advanced Laser's Days Inventory for the quarter that ended in Mar. 2026 was 60.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elite Advanced Laser's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.51.

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. Elite Advanced Laser's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.50.

Elite Advanced Laser  (TPE:3450) Change In Inventory Explanation

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

Elite Advanced Laser's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1037.3695/1569.244*365 / 4
=60.32

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1569.244 / 1037.3695
=1.51

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=1037.3695 / 2086.881
=0.50

* 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.

Elite Advanced Laser Change In Inventory Related Terms

Elite Advanced Laser Change In Inventory Historical Data

* Premium members only.

The historical data trend for Elite Advanced Laser'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.

Elite Advanced Laser Change In Inventory Chart

Elite Advanced Laser 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 -174.48 113.71 75.62 -424.52 -456.92

Elite Advanced Laser 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 -79.37 -266.72 -178.66 67.83 -70.22
TPE:3450
69GF Score
Elite Advanced Laser Corp TPE:3450
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Elite Advanced Laser 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$-448 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$-448 Mil mean?
Elite Advanced Laser (TPE:3450) has a Change In Inventory of NT$-448 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Elite Advanced Laser and its competitors.
Is Elite Advanced Laser's Change In Inventory too high?
Elite Advanced Laser's current Change In Inventory is NT$-448 Mil. Overall, Elite Advanced Laser has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite Advanced Laser's Change In Inventory compare to AMAT and LRCX?
Elite Advanced Laser's Change In Inventory of NT$-448 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 Elite Advanced Laser and its competitors. Elite Advanced Laser's current Change In Inventory is NT$-448 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Advanced Laser stock overvalued right now?
Based on GuruFocus' analysis, Elite Advanced Laser (TPE:3450) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$254.87, compared to a current price of NT$510.00 — trading 100.1% above its estimated fair value. The current Change In Inventory is NT$-448 Mil. Elite Advanced Laser's overall GF Score™ is 69/100 with 4 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 Elite Advanced Laser (TPE:3450), the current Change In Inventory is NT$-448 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 Elite Advanced Laser (TPE:3450) Overvalued in 2026?

Based on GuruFocus' analysis, Elite Advanced Laser stock appears to be overvalued. The current stock price of NT$510.00 is trading 100.1% above its estimated GF Value™ of NT$254.87. GuruFocus considers Elite Advanced Laser to be Significantly Overvalued.

Key valuation signals for TPE:3450:

  • Change In Inventory: NT$-448 Mil
  • GF Value™: NT$254.87 vs. price of NT$510.00 (100.1% above fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the TPE:3450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elite Advanced Laser Business Description

Address 10th Floor, 35 Qiao\'an Street, Zhonghe District, New Taipei City, TWN, 235026
Elite Advanced Laser Corp is engaged in optical information and optical communication products. The reportable segments of the company are the Optoelectronics industry, the Semiconductor segment, and the Silicon Photonics segment. The company generates the majority of its revenue from the Semiconductor segment.
69GF Score

Get the complete analysis for TPE:3450

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

NT$510.00
Price
NT$254.87
GF Value