Te Chang (ROCO:5511) Days Inventory: 26.64 (As of Dec. 2025) — 51% Below Median

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Director of Data and Quant Analytics at GuruFocus
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ROCO:5511 Te Chang ROCO:5511
87 GF Score
Price NT$73.90
GF Value NT$62.62
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Te Chang Days Inventory?

Te Chang ROCO:5511 +3.21% 87 Days Inventory is 26.64 as of Dec. 2025, which is 51% below its 10-year median of 54.26. GuruFocus rates ROCO:5511 with a GF Score™ of 87/100 and a GF Value™ of NT$62.62 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,489 Construction companies, Te Chang ranks better than 58.97% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Te Chang's Average Total Inventories for the three months ended in Dec. 2025 was NT$817 Mil. Te Chang's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$2,798 Mil. Hence, Te Chang's Days Inventory for the three months ended in Dec. 2025 was 26.64.

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

ROCO:5511' s Days Inventory Range Over the Past 10 Years
Min: 31.98   Med: 54.26   Max: 84.69
Current: 31.98

During the past 13 years, Te Chang's highest Days Inventory was 84.69. The lowest was 31.98. And the median was 54.26.

ROCO:5511's Days Inventory is ranked better than
58.97% of 1489 companies
in the Construction industry
Industry Median: 49.78 vs ROCO:5511: 31.98

Te Chang's Days Inventory declined from Dec. 2024 (31.09) to Dec. 2025 (26.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Te Chang's Inventory Turnover for the three months ended in Dec. 2025 was 3.43.

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. Te Chang's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.24.


Te Chang  (ROCO:5511) 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.

Te Chang'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.

Te Chang'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.


Te Chang Days Inventory Related Terms


Te Chang Days Inventory Historical Data

* Premium members only.

The historical data trend for Te Chang'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.

Te Chang Days Inventory Chart

Te Chang 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 48.29 36.88 32.87 36.04 32.22

Te Chang 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 31.09 44.22 31.56 30.08 26.64

ROCO:5511 vs PWR, FIX, EME: Days Inventory Comparison

For the Engineering & Construction subindustry, Te Chang'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.


Te Chang Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Te Chang's Days Inventory distribution charts can be found below:

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


ROCO:5511
87GF Score
Te Chang ROCO:5511
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Te Chang Days Inventory Calculation

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

Te Chang'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
=( (790.554 + 822.419) / 2 ) / 9136.37*365
=806.4865 / 9136.37*365
=32.22

Te Chang'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
=( (811.11 + 822.419) / 2 ) / 2797.976*365 / 4
=816.7645 / 2797.976*365 / 4
=26.64

* 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 26.64 mean?
Te Chang (ROCO:5511) has a Days Inventory of 26.64 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Te Chang and its competitors. This is 51% below median its historical median of 54.26. Over the past decade, Te Chang's Days Inventory has ranged from 31.98 to 84.69. According to the industry distribution chart, Te Chang ranks #611 out of 1489 companies in the Construction industry, placing it in the top 41%.
Is Te Chang's Days Inventory too high?
Te Chang's current Days Inventory of 26.64 is 51% below median its 10-year median of 54.26. Over the past 10 years, this metric has ranged from a low of 31.98 to a high of 84.69. The Construction industry median Days Inventory is 49.78. Te Chang's value of 26.64 is 46.5% below this industry median. Based on the distribution chart, Te Chang ranks #611 out of 1489 companies in the Construction industry, which is above the industry midpoint. Overall, Te Chang has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Te Chang's Days Inventory compare to PWR and FIX?
According to the Construction industry distribution chart, Te Chang ranks #611 out of 1489 companies for Days Inventory. This puts Te Chang in the upper half of its industry. The industry median Days Inventory is 49.78. Te Chang's value of 26.64 is 46.5% below this benchmark. Historically, Te Chang's own Days Inventory has ranged from 31.98 to 84.69 over the past decade. While the company's 10-year median is 54.26 vs. the industry median of 49.78, Te Chang 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 Construction company?
The median Days Inventory among Construction companies is 49.78, based on 1,489 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. Te Chang's current Days Inventory of 26.64 is 46.5% 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 Te Chang and its competitors. For the Construction industry, the median Days Inventory is 49.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Te Chang's current Days Inventory is 26.64, which is 51% below median its own 10-year median of 54.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Te Chang stock overvalued right now?
Based on GuruFocus' analysis, Te Chang (ROCO:5511) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$62.62, compared to a current price of NT$73.90 — trading 18% above its estimated fair value. The current Days Inventory is 26.64, which is 51% below median its 10-year median of 54.26 and 46.5% below the Construction industry median of 49.78. Te Chang's overall GF Score™ is 87/100 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 Te Chang (ROCO:5511), the current Days Inventory is 26.64 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 Te Chang (ROCO:5511) Overvalued in 2026?

Based on GuruFocus' analysis, Te Chang stock appears to be overvalued. The current stock price of NT$73.90 is trading 18% above its estimated GF Value™ of NT$62.62. GuruFocus considers Te Chang to be Modestly Overvalued.

Key valuation signals for ROCO:5511:

  • Days Inventory: 26.64 (51% below median its 10-year median of 54.26)
  • GF Value™: NT$62.62 vs. price of NT$73.90 (18% above fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 46.5% below the Construction median (#611 of 1489)

No single metric tells the full story. See the ROCO:5511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Te Chang Business Description

Address Wuquan Road, 1st Floor, No.401-1, North District, Taichung, TWN, 40458
Te Chang main business operations include contracting for construction and civil engineering projects. The Group is engaged in the construction and real estate leasing business and is a single reportable segment. The company has presence in Taiwan, and Thailand. The company generates majority of revenue from Taiwan. The company's projects are Hospital Project, School Project, social housing, Factory building project, Commercial buildings, office building, civil Engineering, Other projects.
87GF Score

Get the complete analysis for ROCO:5511

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

NT$73.90
Price
NT$62.62
GF Value