Browave (ROCO:3163) Days Inventory: 73.60 (As of Mar. 2026) — 20% Above Median

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ROCO:3163 Browave Corp ROCO:3163
57 GF Score
Price NT$705.00
GF Value NT$140.87
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Browave Days Inventory?

Browave ROCO:3163 -7.36% 57 Days Inventory is 73.60 as of Mar. 2026, which is 20% above its 10-year median of 61.51. GuruFocus rates ROCO:3163 with a GF Score™ of 57/100 and a GF Value™ of NT$140.87 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,417 Hardware companies, Browave ranks better than 65.95% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Browave's Average Total Inventories for the three months ended in Mar. 2026 was NT$429 Mil. Browave's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$532 Mil. Hence, Browave's Days Inventory for the three months ended in Mar. 2026 was 73.60.

The historical rank and industry rank for Browave's Days Inventory or its related term are showing as below:

ROCO:3163' s Days Inventory Range Over the Past 10 Years
Min: 41.75   Med: 61.51   Max: 85.96
Current: 70.32

During the past 13 years, Browave's highest Days Inventory was 85.96. The lowest was 41.75. And the median was 61.51.

ROCO:3163's Days Inventory is ranked better than
65.95% of 2417 companies
in the Hardware industry
Industry Median: 94.06 vs ROCO:3163: 70.32

Browave's Days Inventory increased from Mar. 2025 (68.22) to Mar. 2026 (73.60). It might indicate that Browave's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Browave's Inventory Turnover for the three months ended in Mar. 2026 was 1.24.

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. Browave's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.65.


Browave  (ROCO:3163) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Browave's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. 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.

Browave's Inventory to Revenue for the three months 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Browave Days Inventory Related Terms


Browave Days Inventory Historical Data

* Premium members only.

The historical data trend for Browave's Days 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.

Browave Days Inventory Chart

Browave Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.19 44.56 46.03 63.25 70.61

Browave Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 68.22 67.62 68.43 65.90 73.60

ROCO:3163 vs CSCO, CIEN, MSI: Days Inventory Comparison

For the Communication Equipment subindustry, Browave's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Browave Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Browave's Days Inventory distribution charts can be found below:

* The bar in red indicates where Browave's Days Inventory falls into.


ROCO:3163
57GF Score
Browave Corp ROCO:3163
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Browave Days Inventory Calculation

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

Browave's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (304.939 + 400.554) / 2 ) / 1823.534*365
=352.7465 / 1823.534*365
=70.61

Browave's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (400.554 + 458.205) / 2 ) / 532.385*365 / 4
=429.3795 / 532.385*365 / 4
=73.60

* 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 Days Inventory →
What does a Days Inventory of 73.60 mean?
Browave (ROCO:3163) has a Days Inventory of 73.60 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Browave and its competitors. This is 20% above median its historical median of 61.51. Over the past decade, Browave's Days Inventory has ranged from 41.75 to 85.96. According to the industry distribution chart, Browave ranks #823 out of 2417 companies in the Hardware industry, placing it in the top 34.1%.
Is Browave's Days Inventory too high?
Browave's current Days Inventory of 73.60 is 20% above median its 10-year median of 61.51. Over the past 10 years, this metric has ranged from a low of 41.75 to a high of 85.96. The Hardware industry median Days Inventory is 94.06. Browave's value of 73.60 is 21.8% below this industry median. Based on the distribution chart, Browave ranks #823 out of 2417 companies in the Hardware industry, which is above the industry midpoint. Overall, Browave has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Browave's Days Inventory compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Browave ranks #823 out of 2417 companies for Days Inventory. This puts Browave in the upper half of its industry. The industry median Days Inventory is 94.06. Browave's value of 73.60 is 21.8% below this benchmark. Historically, Browave's own Days Inventory has ranged from 41.75 to 85.96 over the past decade. While the company's 10-year median is 61.51 vs. the industry median of 94.06, Browave has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Hardware company?
The median Days Inventory among Hardware companies is 94.06, based on 2,417 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Browave's current Days Inventory of 73.60 is 21.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Browave and its competitors. For the Hardware industry, the median Days Inventory is 94.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Browave's current Days Inventory is 73.60, which is 20% above median its own 10-year median of 61.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Browave stock overvalued right now?
Based on GuruFocus' analysis, Browave (ROCO:3163) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$140.87, compared to a current price of NT$705.00 — trading 400.5% above its estimated fair value. The current Days Inventory is 73.60, which is 20% above median its 10-year median of 61.51 and 21.8% below the Hardware industry median of 94.06. Browave's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Browave (ROCO:3163), the current Days Inventory is 73.60 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 Browave (ROCO:3163) Overvalued in 2026?

Based on GuruFocus' analysis, Browave stock appears to be overvalued. The current stock price of NT$705.00 is trading 400.5% above its estimated GF Value™ of NT$140.87. GuruFocus considers Browave to be Significantly Overvalued.

Key valuation signals for ROCO:3163:

  • Days Inventory: 73.60 (20% above median its 10-year median of 61.51)
  • GF Value™: NT$140.87 vs. price of NT$705.00 (400.5% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 21.8% below the Hardware median (#823 of 2417)

No single metric tells the full story. See the ROCO:3163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Browave Business Description

Address No.30, Industry East Road IX, 3rd Floor, Hsinchu Science Park, Hsinchu County, Hsinchu, TWN, 30075
Browave Corp is mainly engaged in the design, production, and sales of optical fiber communication components. Its products include Modules, Components, MPO/MTP Cable, and Optical parts.
57GF Score

Get the complete analysis for ROCO:3163

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

NT$705.00
Price
NT$140.87
GF Value