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.
ECOVE EnvironmentROCO:6803 -0.74%94 Days Inventory is 0.71 as of Dec. 2025, which is 88% below its 10-year median of 6.16. GuruFocus rates ROCO:6803 with a GF Score™ of 94/100 and a GF Value™ of NT$374.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 211 Waste Management companies, ECOVE Environment ranks better than 90.05% on this metric.
The historical rank and industry rank for ECOVE Environment's Days Inventory or its related term are showing as below:
ROCO:6803'
s Days Inventory Range Over the Past 10 Years
Min: 2.57 Med: 6.16 Max: 6.39
Current: 2.86
During the past 13 years, ECOVE Environment's highest Days Inventory was 6.39. The lowest was 2.57. And the median was 6.16.
ROCO:6803's Days Inventory is ranked better than 90.05% of 211
companies
in the Waste Management industry
Industry Median: 28.49
vs ROCO:6803: 2.86
ECOVE Environment's Days Inventory
declined
from Dec. 2024 (4.77) to Dec. 2025 (0.71).
Inventory Turnover measures how fast the company turns over its inventory within a year.
ECOVE Environment's Inventory Turnover for the
three
months ended in Dec. 2025 was 128.92.
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.
ECOVE Environment's Inventory-to-Revenue for the
three
months ended in Dec. 2025 was 0.01.
ECOVE Environment (ROCO:6803) 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.
ECOVE Environment'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.
ECOVE Environment'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.
ECOVE Environment Days Inventory Related Terms
ECOVE Environment Days Inventory Historical Data
* Premium members only.
The historical data trend for ECOVE Environment'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.
ROCO:6803 vs WM, RSG, WCN: Days Inventory Comparison
For the Waste Management subindustry, ECOVE Environment'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.
ECOVE Environment Days Inventory vs Waste Management Industry
For the Waste Management industry and Industrials sector, ECOVE Environment's Days Inventory distribution charts can be found below:
* The bar in red indicates where ECOVE Environment'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.
ECOVE Environment (ROCO:6803) has a Days Inventory of 0.71 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on ECOVE Environment and its competitors. This is 88% below median its historical median of 6.16. Over the past decade, ECOVE Environment's Days Inventory has ranged from 2.57 to 6.39. According to the industry distribution chart, ECOVE Environment ranks #21 out of 211 companies in the Waste Management industry, placing it in the top 10%.
Is ECOVE Environment's Days Inventory too high?
ECOVE Environment's current Days Inventory of 0.71 is 88% below median its 10-year median of 6.16. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 6.39. The Waste Management industry median Days Inventory is 28.49. ECOVE Environment's value of 0.71 is 97.5% below this industry median. Based on the distribution chart, ECOVE Environment ranks #21 out of 211 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, ECOVE Environment has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ECOVE Environment's Days Inventory compare to WM and RSG?
According to the Waste Management industry distribution chart, ECOVE Environment ranks #21 out of 211 companies for Days Inventory. This places ECOVE Environment in the top 10% of its industry — outperforming the majority of peers. The industry median Days Inventory is 28.49. ECOVE Environment's value of 0.71 is 97.5% below this benchmark. Historically, ECOVE Environment's own Days Inventory has ranged from 2.57 to 6.39 over the past decade. While the company's 10-year median is 6.16 vs. the industry median of 28.49, ECOVE Environment 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 Waste Management company?
The median Days Inventory among Waste Management companies is 28.49, based on 211 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. ECOVE Environment's current Days Inventory of 0.71 is 97.5% 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 ECOVE Environment and its competitors. For the Waste Management industry, the median Days Inventory is 28.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECOVE Environment's current Days Inventory is 0.71, which is 88% below median its own 10-year median of 6.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECOVE Environment stock overvalued right now?
Based on GuruFocus' analysis, ECOVE Environment (ROCO:6803) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$374.27, compared to a current price of NT$270.00 — trading 27.9% below its estimated fair value. The current Days Inventory is 0.71, which is 88% below median its 10-year median of 6.16 and 97.5% below the Waste Management industry median of 28.49. ECOVE Environment's overall GF Score™ is 94/100 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 ECOVE Environment (ROCO:6803), the current Days Inventory is 0.71 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 ECOVE Environment (ROCO:6803) Overvalued in 2026?
Based on GuruFocus' analysis, ECOVE Environment stock appears to be undervalued.
The current stock price of NT$270.00 is trading 27.9% below its estimated GF Value™ of NT$374.27.
GuruFocus considers ECOVE Environment to be Modestly Undervalued.
Key valuation signals for ROCO:6803:
Days Inventory: 0.71 (88% below median its 10-year median of 6.16)
GF Value™: NT$374.27 vs. price of NT$270.00 (27.9% below fair value)
Industry Position: 97.5% below the Waste Management median (#21 of 211)
No single metric tells the full story. See the ROCO:6803 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ECOVE Environment Corp is a resource management services provider serving public and private entities across Greater China, Southeast Asia, India, and the USA. The Company is mainly engaged in investment, power generation, and waste management. Its services include Energy-from-Waste, Mechatronics, and Waste Management, while its projects include Energy-from-Waste, Photovoltaic Energy, and Hazardous and Special Waste Treatment.
94GF Score
Get the complete analysis for ROCO:6803
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:6803 has been successfully added to your 
