TFBS Bioscience (ROCO:6939) Days Inventory: 22.66 (As of Dec. 2025) — 13% Above 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:6939 TFBS Bioscience Inc ROCO:6939
49 GF Score
Price NT$21.45
GF Value NT$32.02
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is TFBS Bioscience Days Inventory?

TFBS Bioscience ROCO:6939 +4.38% 49 Days Inventory is 22.66 as of Dec. 2025, which is 13% above its 10-year median of 20.02. GuruFocus rates ROCO:6939 with a GF Score™ of 49/100 and a GF Value™ of NT$32.02 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 178 Medical Diagnostics & Research companies, TFBS Bioscience ranks better than 78.09% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). TFBS Bioscience's Average Total Inventories for the six months ended in Dec. 2025 was NT$11.2 Mil. TFBS Bioscience's Cost of Goods Sold for the six months ended in Dec. 2025 was NT$90.2 Mil. Hence, TFBS Bioscience's Days Inventory for the six months ended in Dec. 2025 was 22.66.

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

ROCO:6939' s Days Inventory Range Over the Past 10 Years
Min: 14.18   Med: 20.02   Max: 31.27
Current: 27.45

During the past 6 years, TFBS Bioscience's highest Days Inventory was 31.27. The lowest was 14.18. And the median was 20.02.

ROCO:6939's Days Inventory is ranked better than
78.09% of 178 companies
in the Medical Diagnostics & Research industry
Industry Median: 64.86 vs ROCO:6939: 27.45

TFBS Bioscience's Days Inventory declined from Dec. 2024 (30.12) to Dec. 2025 (22.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. TFBS Bioscience's Inventory Turnover for the six months ended in Dec. 2025 was 8.05.

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. TFBS Bioscience's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.11.


TFBS Bioscience  (ROCO:6939) 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.

TFBS Bioscience's Inventory Turnover for the six 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.

TFBS Bioscience's Inventory to Revenue for the six 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.


TFBS Bioscience Days Inventory Related Terms


TFBS Bioscience Days Inventory Historical Data

* Premium members only.

The historical data trend for TFBS Bioscience'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.

TFBS Bioscience Days Inventory Chart

TFBS Bioscience Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 20.02 14.18 17.22 27.71 31.27

TFBS Bioscience Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.73 24.78 30.12 29.49 22.66

ROCO:6939 vs TMO, DHR, IDXX: Days Inventory Comparison

For the Diagnostics & Research subindustry, TFBS Bioscience'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.


TFBS Bioscience Days Inventory vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, TFBS Bioscience's Days Inventory distribution charts can be found below:

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


ROCO:6939
49GF Score
TFBS Bioscience Inc ROCO:6939
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TFBS Bioscience Days Inventory Calculation

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

TFBS Bioscience'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
=( (12.877 + 13.908) / 2 ) / 156.323*365
=13.3925 / 156.323*365
=31.27

TFBS Bioscience'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: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (8.49 + 13.908) / 2 ) / 90.2*365 / 2
=11.199 / 90.2*365 / 2
=22.66

* 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 22.66 mean?
TFBS Bioscience (ROCO:6939) has a Days Inventory of 22.66 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on TFBS Bioscience and its competitors. This is 13% above median its historical median of 20.02. Over the past decade, TFBS Bioscience's Days Inventory has ranged from 14.18 to 31.27. According to the industry distribution chart, TFBS Bioscience ranks #39 out of 178 companies in the Medical Diagnostics & Research industry, placing it in the top 21.9%.
Is TFBS Bioscience's Days Inventory too high?
TFBS Bioscience's current Days Inventory of 22.66 is 13% above median its 10-year median of 20.02. Over the past 10 years, this metric has ranged from a low of 14.18 to a high of 31.27. The Medical Diagnostics & Research industry median Days Inventory is 64.86. TFBS Bioscience's value of 22.66 is 65.1% below this industry median. Based on the distribution chart, TFBS Bioscience ranks #39 out of 178 companies in the Medical Diagnostics & Research industry, which is in the top quartile — a strong position relative to peers. Overall, TFBS Bioscience has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TFBS Bioscience's Days Inventory compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, TFBS Bioscience ranks #39 out of 178 companies for Days Inventory. This places TFBS Bioscience in the top 22% of its industry — outperforming the majority of peers. The industry median Days Inventory is 64.86. TFBS Bioscience's value of 22.66 is 65.1% below this benchmark. Historically, TFBS Bioscience's own Days Inventory has ranged from 14.18 to 31.27 over the past decade. While the company's 10-year median is 20.02 vs. the industry median of 64.86, TFBS Bioscience 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 Medical Diagnostics & Research company?
The median Days Inventory among Medical Diagnostics & Research companies is 64.86, based on 178 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. TFBS Bioscience's current Days Inventory of 22.66 is 65.1% 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 TFBS Bioscience and its competitors. For the Medical Diagnostics & Research industry, the median Days Inventory is 64.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFBS Bioscience's current Days Inventory is 22.66, which is 13% above median its own 10-year median of 20.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFBS Bioscience stock overvalued right now?
Based on GuruFocus' analysis, TFBS Bioscience (ROCO:6939) is currently considered Possible Value Trap. The stock's GF Value™ is NT$32.02, compared to a current price of NT$21.45 — trading 33% below its estimated fair value. The current Days Inventory is 22.66, which is 13% above median its 10-year median of 20.02 and 65.1% below the Medical Diagnostics & Research industry median of 64.86. TFBS Bioscience's overall GF Score™ is 49/100 with 6 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 TFBS Bioscience (ROCO:6939), the current Days Inventory is 22.66 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 TFBS Bioscience (ROCO:6939) Overvalued in 2026?

Based on GuruFocus' analysis, TFBS Bioscience stock appears to be undervalued. The current stock price of NT$21.45 is trading 33% below its estimated GF Value™ of NT$32.02. GuruFocus considers TFBS Bioscience to be Possible Value Trap.

Key valuation signals for ROCO:6939:

  • Days Inventory: 22.66 (13% above median its 10-year median of 20.02)
  • GF Value™: NT$32.02 vs. price of NT$21.45 (33% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 65.1% below the Medical Diagnostics & Research median (#39 of 178)

No single metric tells the full story. See the ROCO:6939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TFBS Bioscience Business Description

Address No. 103, Lane 169, Kang-ning Street, 3rd Floor, Xizhi District, New Taipei, TWN
TFBS Bioscience Inc is a Contract Research Organization (CRO) providing biological testing in Taiwan. Its services include viral vector manufacturing for cell and gene therapy products and biosafety testing and product release testing for cell and gene therapy products, vaccines, and biologic products.
49GF Score

Get the complete analysis for ROCO:6939

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

NT$21.45
Price
NT$32.02
GF Value