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.
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.
Newmax Technology CoROCO:3630 -4.47%57 Days Inventory is 66.37 as of Dec. 2025, which is 41% above its 10-year median of 47.18. GuruFocus rates ROCO:3630 with a GF Score™ of 57/100 and a GF Value™ of NT$38.46 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,419 Hardware companies, Newmax Technology Co ranks better than 69.74% on this metric.
The historical rank and industry rank for Newmax Technology Co's Days Inventory or its related term are showing as below:
ROCO:3630'
s Days Inventory Range Over the Past 10 Years
Min: 27.13 Med: 47.18 Max: 73.28
Current: 64.9
During the past 13 years, Newmax Technology Co's highest Days Inventory was 73.28. The lowest was 27.13. And the median was 47.18.
ROCO:3630's Days Inventory is ranked better than 69.74% of 2419
companies
in the Hardware industry
Industry Median: 94.24
vs ROCO:3630: 64.90
Newmax Technology Co's Days Inventory
declined
from Dec. 2024 (75.33) to Dec. 2025 (66.37).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Newmax Technology Co's Inventory Turnover for the
three
months ended in Dec. 2025 was 1.37.
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.
Newmax Technology Co's Inventory-to-Revenue for the
three
months ended in Dec. 2025 was 0.70.
Newmax Technology Co (ROCO:3630) 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.
Newmax Technology Co's Inventory Turnover for the
three
months ended in Dec. 2025 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.
Newmax Technology Co's Inventory to Revenue for the
three
months ended in Dec. 2025 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.
Newmax Technology Co Days Inventory Related Terms
Newmax Technology Co Days Inventory Historical Data
* Premium members only.
The historical data trend for Newmax Technology Co'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.
For the Electronic Components subindustry, Newmax Technology Co'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.
Newmax Technology Co Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, Newmax Technology Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Newmax Technology Co's Days Inventory falls into.
* 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.
Newmax Technology Co (ROCO:3630) has a Days Inventory of 66.37 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Newmax Technology Co and its competitors. This is 41% above median its historical median of 47.18. Over the past decade, Newmax Technology Co's Days Inventory has ranged from 27.13 to 73.28. According to the industry distribution chart, Newmax Technology Co ranks #732 out of 2419 companies in the Hardware industry, placing it in the top 30.3%.
Is Newmax Technology Co's Days Inventory too high?
Newmax Technology Co's current Days Inventory of 66.37 is 41% above median its 10-year median of 47.18. Over the past 10 years, this metric has ranged from a low of 27.13 to a high of 73.28. The Hardware industry median Days Inventory is 94.24. Newmax Technology Co's value of 66.37 is 29.6% below this industry median. Based on the distribution chart, Newmax Technology Co ranks #732 out of 2419 companies in the Hardware industry, which is above the industry midpoint. Overall, Newmax Technology Co has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Newmax Technology Co's Days Inventory compare to APH and GLW?
According to the Hardware industry distribution chart, Newmax Technology Co ranks #732 out of 2419 companies for Days Inventory. This puts Newmax Technology Co in the upper half of its industry. The industry median Days Inventory is 94.24. Newmax Technology Co's value of 66.37 is 29.6% below this benchmark. Historically, Newmax Technology Co's own Days Inventory has ranged from 27.13 to 73.28 over the past decade. While the company's 10-year median is 47.18 vs. the industry median of 94.24, Newmax Technology Co 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 94.24, based on 2,419 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. Newmax Technology Co's current Days Inventory of 66.37 is 29.6% 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 Newmax Technology Co and its competitors. For the Hardware industry, the median Days Inventory is 94.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newmax Technology Co's current Days Inventory is 66.37, which is 41% above median its own 10-year median of 47.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmax Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Newmax Technology Co (ROCO:3630) is currently considered Possible Value Trap. The stock's GF Value™ is NT$38.46, compared to a current price of NT$25.65 — trading 33.3% below its estimated fair value. The current Days Inventory is 66.37, which is 41% above median its 10-year median of 47.18 and 29.6% below the Hardware industry median of 94.24. Newmax Technology Co's overall GF Score™ is 57/100 with 5 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 Newmax Technology Co (ROCO:3630), the current Days Inventory is 66.37 as of Dec. 2025. 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 Newmax Technology Co (ROCO:3630) Overvalued in 2026?
Based on GuruFocus' analysis, Newmax Technology Co stock appears to be undervalued.
The current stock price of NT$25.65 is trading 33.3% below its estimated GF Value™ of NT$38.46.
GuruFocus considers Newmax Technology Co to be Possible Value Trap.
Key valuation signals for ROCO:3630:
Days Inventory: 66.37 (41% above median its 10-year median of 47.18)
GF Value™: NT$38.46 vs. price of NT$25.65 (33.3% below fair value)
Industry Position: 29.6% below the Hardware median (#732 of 2419)
No single metric tells the full story. See the ROCO:3630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newmax Technology Co Ltd is a company mainly engaged in the research, design, development, manufacture, and marketing of optics application products. The company manufactures optics mirrors and plastic lenses and sells them to optical equipment manufacturers and computer peripheral digital imaging manufacturers. The company offers photographic/optical equipment, electronic parts/components, and electrical machinery/supplies. The company generates the majority of its revenue from China.
57GF Score
Get the complete analysis for ROCO:3630
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ROCO:3630 has been successfully added to your 
