Zyxel Group (TPE:3704) Change In Inventory: NT$-1,679 Mil (TTM As of Mar. 2026)

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TPE:3704 Zyxel Group Corp TPE:3704
73 GF Score
Price NT$43.85
GF Value NT$36.34
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Zyxel Group Change In Inventory?

Zyxel Group TPE:3704 +4.78% 73 Change In Inventory is NT$-1,679 Mil as of Mar. 2026. GuruFocus rates TPE:3704 with a GF Score™ of 73/100 and a GF Value™ of NT$36.34 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Zyxel Group's change in inventory for the quarter that ended in Mar. 2026 was NT$-1,565 Mil. It means Zyxel Group's inventory increased by NT$1,565 Mil from Dec. 2025 to Mar. 2026 .

Zyxel Group's change in inventory for the fiscal year that ended in Dec. 2025 was NT$-501 Mil. It means Zyxel Group's inventory increased by NT$501 Mil from Dec. 2024 to Dec. 2025 .

Zyxel Group's Total Inventories for the quarter that ended in Mar. 2026 was NT$7,147 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zyxel Group's Days Inventory for the quarter that ended in Mar. 2026 was 122.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zyxel Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.74.

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. Zyxel Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.02.


Zyxel Group  (TPE:3704) Change In Inventory Explanation

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

Zyxel Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=6462.1745/4795.05*365 / 4
=122.98

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

Zyxel Group'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.

Zyxel Group'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.


Zyxel Group Change In Inventory Related Terms


Zyxel Group Change In Inventory Historical Data

* Premium members only.

The historical data trend for Zyxel Group'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.

Zyxel Group Change In Inventory Chart

Zyxel Group 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 -1,245.72 -2,042.10 3,207.83 -833.60 -500.56

Zyxel Group 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 -386.24 -182.32 -78.04 146.04 -1,565.06
TPE:3704
73GF Score
Zyxel Group Corp TPE:3704
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Zyxel Group 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$-1,679 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$-1,679 Mil mean?
Zyxel Group (TPE:3704) has a Change In Inventory of NT$-1,679 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Zyxel Group and its competitors.
Is Zyxel Group's Change In Inventory too high?
Zyxel Group's current Change In Inventory is NT$-1,679 Mil. Overall, Zyxel Group has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zyxel Group's Change In Inventory compare to CSCO and MSI?
Zyxel Group's Change In Inventory of NT$-1,679 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Change In Inventory depends on the Hardware 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 Zyxel Group and its competitors. Zyxel Group's current Change In Inventory is NT$-1,679 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zyxel Group stock overvalued right now?
Based on GuruFocus' analysis, Zyxel Group (TPE:3704) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$36.34, compared to a current price of NT$43.85 — trading 20.7% above its estimated fair value. The current Change In Inventory is NT$-1,679 Mil. Zyxel Group's overall GF Score™ is 73/100 with 6 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 Zyxel Group (TPE:3704), the current Change In Inventory is NT$-1,679 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 Zyxel Group (TPE:3704) Overvalued in 2026?

Based on GuruFocus' analysis, Zyxel Group stock appears to be overvalued. The current stock price of NT$43.85 is trading 20.7% above its estimated GF Value™ of NT$36.34. GuruFocus considers Zyxel Group to be Modestly Overvalued.

Key valuation signals for TPE:3704:

  • Change In Inventory: NT$-1,679 Mil
  • GF Value™: NT$36.34 vs. price of NT$43.85 (20.7% above fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the TPE:3704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zyxel Group Business Description

Address Gongdao 5th Road, 3rd Floor, No. 363, Section 2, East District, Hsinchu, TWN
Zyxel Group Corp is a Taiwan-based company that offers communications and networking products. It produces wifi systems, wireless extenders, home routers, cloud access cameras, switches, power and adapters, personal cloud storage, and security appliances and services. Geographically, it covers the United States, France, and other countries. It has four reportable segments: brand business segment, channel business segment, product business segment, and investment segment.
73GF Score

Get the complete analysis for TPE:3704

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

NT$43.85
Price
NT$36.34
GF Value