Cheng Mei Materials Technology (TPE:4960) Change In Inventory: NT$456 Mil (TTM As of Mar. 2026)

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TPE:4960 Cheng Mei Materials Technology Corp TPE:4960
48 GF Score
Price NT$21.85
GF Value NT$12.88
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Cheng Mei Materials Technology Change In Inventory?

Cheng Mei Materials Technology TPE:4960 -0.46% 48 Change In Inventory is NT$456 Mil as of Mar. 2026. GuruFocus rates TPE:4960 with a GF Score™ of 48/100 and a GF Value™ of NT$12.88 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Cheng Mei Materials Technology's change in inventory for the quarter that ended in Mar. 2026 was NT$-48 Mil. It means Cheng Mei Materials Technology's inventory increased by NT$48 Mil from Dec. 2025 to Mar. 2026 .

Cheng Mei Materials Technology's change in inventory for the fiscal year that ended in Dec. 2025 was NT$724 Mil. It means Cheng Mei Materials Technology's inventory declined by NT$724 Mil from Dec. 2024 to Dec. 2025 .

Cheng Mei Materials Technology's Total Inventories for the quarter that ended in Mar. 2026 was NT$2,160 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cheng Mei Materials Technology's Days Inventory for the quarter that ended in Mar. 2026 was 103.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cheng Mei Materials Technology's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.89.

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. Cheng Mei Materials Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.17.


Cheng Mei Materials Technology  (TPE:4960) Change In Inventory Explanation

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

Cheng Mei Materials Technology's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2135.733/1891.418*365 / 4
=103.04

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

Cheng Mei Materials Technology'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.

Cheng Mei Materials Technology'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.


Cheng Mei Materials Technology Change In Inventory Related Terms


Cheng Mei Materials Technology Change In Inventory Historical Data

* Premium members only.

The historical data trend for Cheng Mei Materials Technology'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.

Cheng Mei Materials Technology Change In Inventory Chart

Cheng Mei Materials Technology 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 73.96 -32.40 -186.20 -185.58 723.73

Cheng Mei Materials Technology 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 219.07 -13.85 166.66 351.85 -48.30
TPE:4960
48GF Score
Cheng Mei Materials Technology Corp TPE:4960
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheng Mei Materials Technology 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$456 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$456 Mil mean?
Cheng Mei Materials Technology (TPE:4960) has a Change In Inventory of NT$456 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Cheng Mei Materials Technology and its competitors.
Is Cheng Mei Materials Technology's Change In Inventory too high?
Cheng Mei Materials Technology's current Change In Inventory is NT$456 Mil. Overall, Cheng Mei Materials Technology has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Mei Materials Technology's Change In Inventory compare to APH and GLW?
Cheng Mei Materials Technology's Change In Inventory of NT$456 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 Cheng Mei Materials Technology and its competitors. Cheng Mei Materials Technology's current Change In Inventory is NT$456 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Mei Materials Technology stock overvalued right now?
Based on GuruFocus' analysis, Cheng Mei Materials Technology (TPE:4960) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$12.88, compared to a current price of NT$21.85 — trading 69.6% above its estimated fair value. The current Change In Inventory is NT$456 Mil. Cheng Mei Materials Technology's overall GF Score™ is 48/100 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 Cheng Mei Materials Technology (TPE:4960), the current Change In Inventory is NT$456 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 Cheng Mei Materials Technology (TPE:4960) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Mei Materials Technology stock appears to be overvalued. The current stock price of NT$21.85 is trading 69.6% above its estimated GF Value™ of NT$12.88. GuruFocus considers Cheng Mei Materials Technology to be Significantly Overvalued.

Key valuation signals for TPE:4960:

  • Change In Inventory: NT$456 Mil
  • GF Value™: NT$12.88 vs. price of NT$21.85 (69.6% above fair value)
  • GF Score™: 48/100 with 4 warning signs

No single metric tells the full story. See the TPE:4960 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheng Mei Materials Technology Business Description

Address No. 13, Muzhagang West Road, Shanhua District, Tainan City, TWN, 741
Cheng Mei Materials Technology Corp is engaged in manufacturing and selling optoelectronic material and components (polarizing film). The company derives the majority of its revenue from China, and the rest from Taiwan and other Asian areas.
48GF Score

Get the complete analysis for TPE:4960

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

NT$21.85
Price
NT$12.88
GF Value