United Renewable Energy Co (TPE:3576) Change In Inventory: NT$-54 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3576 United Renewable Energy Co Ltd TPE:3576
36 GF Score
Price NT$17.40
GF Value NT$3.39
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is United Renewable Energy Co Change In Inventory?

United Renewable Energy Co TPE:3576 -4.66% 36 Change In Inventory is NT$-54 Mil as of Mar. 2026. GuruFocus rates TPE:3576 with a GF Score™ of 36/100 and a GF Value™ of NT$3.39 (Significantly Overvalued). The stock has 4 warning signs investors should review.

United Renewable Energy Co's change in inventory for the quarter that ended in Mar. 2026 was NT$-265 Mil. It means United Renewable Energy Co's inventory increased by NT$265 Mil from Dec. 2025 to Mar. 2026 .

United Renewable Energy Co's change in inventory for the fiscal year that ended in Dec. 2025 was NT$259 Mil. It means United Renewable Energy Co's inventory declined by NT$259 Mil from Dec. 2024 to Dec. 2025 .

United Renewable Energy Co's Total Inventories for the quarter that ended in Mar. 2026 was NT$1,117 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Renewable Energy Co's Days Inventory for the quarter that ended in Mar. 2026 was 133.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Renewable Energy Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.69.

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. United Renewable Energy Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 2.12.


United Renewable Energy Co  (TPE:3576) Change In Inventory Explanation

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

United Renewable Energy Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1104.7545/757.409*365 / 4
=133.10

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

United Renewable Energy Co'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.

United Renewable Energy 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.


United Renewable Energy Co Change In Inventory Related Terms


United Renewable Energy Co Change In Inventory Historical Data

* Premium members only.

The historical data trend for United Renewable Energy Co'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.

United Renewable Energy Co Change In Inventory Chart

United Renewable Energy Co 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 739.09 -1,954.72 1,065.69 463.87 258.66

United Renewable Energy Co 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 47.44 -201.26 280.79 131.70 -264.88
TPE:3576
36GF Score
United Renewable Energy Co Ltd TPE:3576
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Renewable Energy 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$-54 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$-54 Mil mean?
United Renewable Energy Co (TPE:3576) has a Change In Inventory of NT$-54 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for United Renewable Energy Co and its competitors.
Is United Renewable Energy Co's Change In Inventory too high?
United Renewable Energy Co's current Change In Inventory is NT$-54 Mil. Overall, United Renewable Energy Co has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Renewable Energy Co's Change In Inventory compare to FSLR and NXT?
United Renewable Energy Co's Change In Inventory of NT$-54 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 United Renewable Energy Co and its competitors. United Renewable Energy Co's current Change In Inventory is NT$-54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Renewable Energy Co stock overvalued right now?
Based on GuruFocus' analysis, United Renewable Energy Co (TPE:3576) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$3.39, compared to a current price of NT$17.40 — trading 413.3% above its estimated fair value. The current Change In Inventory is NT$-54 Mil. United Renewable Energy Co's overall GF Score™ is 36/100 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 United Renewable Energy Co (TPE:3576), the current Change In Inventory is NT$-54 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 United Renewable Energy Co (TPE:3576) Overvalued in 2026?

Based on GuruFocus' analysis, United Renewable Energy Co stock appears to be overvalued. The current stock price of NT$17.40 is trading 413.3% above its estimated GF Value™ of NT$3.39. GuruFocus considers United Renewable Energy Co to be Significantly Overvalued.

Key valuation signals for TPE:3576:

  • Change In Inventory: NT$-54 Mil
  • GF Value™: NT$3.39 vs. price of NT$17.40 (413.3% above fair value)
  • GF Score™: 36/100 with 4 warning signs

No single metric tells the full story. See the TPE:3576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Renewable Energy Co Business Description

Address No. 7, Lixing 3rd Road, Hsinchu Science Park, East District, Hsinchu, TWN, 300
United Renewable Energy Co Ltd specializes in manufacturing solar cells, solar cell modules, and wafers. The Company's main business activities include researching, developing, designing, manufacturing, and selling solar cells, as well as participating in other solar-related businesses. Its services include solar, solar systems, energy, and energy solution services. Its products include Life Power and Solar Module.
36GF Score

Get the complete analysis for TPE:3576

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

NT$17.40
Price
NT$3.39
GF Value