New Era Electronics Co (ROCO:4909) Days Inventory: 48.73 (As of Dec. 2025) — 13% Below Median

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.

ROCO:4909 New Era Electronics Co Ltd ROCO:4909
45 GF Score
Price NT$38.35
GF Value NT$12.27
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is New Era Electronics Co Days Inventory?

New Era Electronics Co ROCO:4909 -6.80% 45 Days Inventory is 48.73 as of Dec. 2025, which is 13% below its 10-year median of 55.95. GuruFocus rates ROCO:4909 with a GF Score™ of 45/100 and a GF Value™ of NT$12.27 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,418 Hardware companies, New Era Electronics Co ranks better than 80.65% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). New Era Electronics Co's Average Total Inventories for the three months ended in Dec. 2025 was NT$37.4 Mil. New Era Electronics Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$70.0 Mil. Hence, New Era Electronics Co's Days Inventory for the three months ended in Dec. 2025 was 48.73.

The historical rank and industry rank for New Era Electronics Co's Days Inventory or its related term are showing as below:

ROCO:4909' s Days Inventory Range Over the Past 10 Years
Min: 21.92   Med: 55.95   Max: 84.64
Current: 49.59

During the past 13 years, New Era Electronics Co's highest Days Inventory was 84.64. The lowest was 21.92. And the median was 55.95.

ROCO:4909's Days Inventory is ranked better than
80.65% of 2418 companies
in the Hardware industry
Industry Median: 94.18 vs ROCO:4909: 49.59

New Era Electronics Co's Days Inventory increased from Dec. 2024 (46.31) to Dec. 2025 (48.73). It might indicate that New Era Electronics Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. New Era Electronics Co's Inventory Turnover for the three months ended in Dec. 2025 was 1.87.

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. New Era Electronics Co's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.68.


New Era Electronics Co  (ROCO:4909) 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.

New Era Electronics 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.

New Era Electronics 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.


New Era Electronics Co Days Inventory Related Terms


New Era Electronics Co Days Inventory Historical Data

* Premium members only.

The historical data trend for New Era Electronics 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.

New Era Electronics Co Days Inventory Chart

New Era Electronics Co 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 53.04 61.76 84.64 21.92 60.66

New Era Electronics Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 46.31 44.65 54.95 43.57 48.73

ROCO:4909 vs APH, GLW: Days Inventory Comparison

For the Electronic Components subindustry, New Era Electronics 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.


New Era Electronics Co Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, New Era Electronics Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where New Era Electronics Co's Days Inventory falls into.


ROCO:4909
45GF Score
New Era Electronics Co Ltd ROCO:4909
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Era Electronics Co Days Inventory Calculation

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

New Era Electronics Co'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
=( (74.552 + 33.997) / 2 ) / 326.58*365
=54.2745 / 326.58*365
=60.66

New Era Electronics Co's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (40.722 + 33.997) / 2 ) / 69.953*365 / 4
=37.3595 / 69.953*365 / 4
=48.73

* 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 48.73 mean?
New Era Electronics Co (ROCO:4909) has a Days Inventory of 48.73 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on New Era Electronics Co and its competitors. This is 13% below median its historical median of 55.95. Over the past decade, New Era Electronics Co's Days Inventory has ranged from 21.92 to 84.64. According to the industry distribution chart, New Era Electronics Co ranks #468 out of 2418 companies in the Hardware industry, placing it in the top 19.4%.
Is New Era Electronics Co's Days Inventory too high?
New Era Electronics Co's current Days Inventory of 48.73 is 13% below median its 10-year median of 55.95. Over the past 10 years, this metric has ranged from a low of 21.92 to a high of 84.64. The Hardware industry median Days Inventory is 94.18. New Era Electronics Co's value of 48.73 is 48.3% below this industry median. Based on the distribution chart, New Era Electronics Co ranks #468 out of 2418 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, New Era Electronics Co has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Era Electronics Co's Days Inventory compare to APH and GLW?
According to the Hardware industry distribution chart, New Era Electronics Co ranks #468 out of 2418 companies for Days Inventory. This places New Era Electronics Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Inventory is 94.18. New Era Electronics Co's value of 48.73 is 48.3% below this benchmark. Historically, New Era Electronics Co's own Days Inventory has ranged from 21.92 to 84.64 over the past decade. While the company's 10-year median is 55.95 vs. the industry median of 94.18, New Era Electronics 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 94.18, based on 2,418 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. New Era Electronics Co's current Days Inventory of 48.73 is 48.3% 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 New Era Electronics Co and its competitors. For the Hardware industry, the median Days Inventory is 94.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Era Electronics Co's current Days Inventory is 48.73, which is 13% below median its own 10-year median of 55.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Era Electronics Co stock overvalued right now?
Based on GuruFocus' analysis, New Era Electronics Co (ROCO:4909) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$12.27, compared to a current price of NT$38.35 — trading 212.6% above its estimated fair value. The current Days Inventory is 48.73, which is 13% below median its 10-year median of 55.95 and 48.3% below the Hardware industry median of 94.18. New Era Electronics Co's overall GF Score™ is 45/100 with 3 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 New Era Electronics Co (ROCO:4909), the current Days Inventory is 48.73 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 New Era Electronics Co (ROCO:4909) Overvalued in 2026?

Based on GuruFocus' analysis, New Era Electronics Co stock appears to be overvalued. The current stock price of NT$38.35 is trading 212.6% above its estimated GF Value™ of NT$12.27. GuruFocus considers New Era Electronics Co to be Significantly Overvalued.

Key valuation signals for ROCO:4909:

  • Days Inventory: 48.73 (13% below median its 10-year median of 55.95)
  • GF Value™: NT$12.27 vs. price of NT$38.35 (212.6% above fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 48.3% below the Hardware median (#468 of 2418)

No single metric tells the full story. See the ROCO:4909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Era Electronics Co Business Description

Address No. 45, Room 15, Wangjian Village, Xinwu District, Taoyuan, TWN, 327
New Era Electronics Co Ltd is a Taiwan-based company that engages in the manufacture, and sale of printed circuit boards (PCB). The company is also engaged in the import and export of electronic products, electronic component manufacturing, telecommunications construction, wholesale of telecommunications apparatus, and wholesale and retail sales of electronic materials. The products of the company include high-frequency (HF) microwave communication substrates and printed circuit boards (PCBs).
45GF Score

Get the complete analysis for ROCO:4909

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

NT$38.35
Price
NT$12.27
GF Value