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Inventory Turnover measures how fast the company turns over its inventory within a year.
Changs Ascending Enterprise Co's Inventory Turnover for the
three
months ended in Dec. 2025 was 0.74.
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.
Changs Ascending Enterprise Co's Inventory-to-Revenue for the
three
months ended in Dec. 2025 was 1.11.
Changs Ascending Enterprise Co (ROCO:8038) 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.
Changs Ascending Enterprise 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.
Changs Ascending Enterprise 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.
Changs Ascending Enterprise Co Days Inventory Related Terms
Changs Ascending Enterprise Co Days Inventory Historical Data
* 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.
Changs Ascending Enterprise Co Days Inventory Chart
For the Electrical Equipment & Parts subindustry, Changs Ascending Enterprise 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.
Changs Ascending Enterprise Co Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Changs Ascending Enterprise Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Changs Ascending Enterprise 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.
Changs Ascending Enterprise Co (ROCO:8038) has a Days Inventory of 123.15 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Changs Ascending Enterprise Co and its competitors. This is 49% below median its historical median of 243.07. Over the past decade, Changs Ascending Enterprise Co's Days Inventory has ranged from 123.94 to 646.05. According to the industry distribution chart, Changs Ascending Enterprise Co ranks #1959 out of 2968 companies in the Industrial Products industry, placing it in the top 66%.
Is Changs Ascending Enterprise Co's Days Inventory too high?
Changs Ascending Enterprise Co's current Days Inventory of 123.15 is 49% below median its 10-year median of 243.07. Over the past 10 years, this metric has ranged from a low of 123.94 to a high of 646.05. The Industrial Products industry median Days Inventory is 119.51. Changs Ascending Enterprise Co's value of 123.15 is 3% above this industry median. Based on the distribution chart, Changs Ascending Enterprise Co ranks #1959 out of 2968 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Changs Ascending Enterprise Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Changs Ascending Enterprise Co's Days Inventory compare to VRT and BE?
According to the Industrial Products industry distribution chart, Changs Ascending Enterprise Co ranks #1959 out of 2968 companies for Days Inventory. This places Changs Ascending Enterprise Co in the lower half of its industry. The industry median Days Inventory is 119.51. Changs Ascending Enterprise Co's value of 123.15 is 3% above this benchmark. Historically, Changs Ascending Enterprise Co's own Days Inventory has ranged from 123.94 to 646.05 over the past decade. While the company's 10-year median is 243.07 vs. the industry median of 119.51, Changs Ascending Enterprise Co has consistently been above 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.51, based on 2,968 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. Changs Ascending Enterprise Co's current Days Inventory of 123.15 is 3% above 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 Changs Ascending Enterprise Co and its competitors. For the Industrial Products industry, the median Days Inventory is 119.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Changs Ascending Enterprise Co's current Days Inventory is 123.15, which is 49% below median its own 10-year median of 243.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Changs Ascending Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Changs Ascending Enterprise Co (ROCO:8038) is currently considered Possible Value Trap. The stock's GF Value™ is NT$92.42, compared to a current price of NT$37.50 — trading 59.4% below its estimated fair value. The current Days Inventory is 123.15, which is 49% below median its 10-year median of 243.07 and 3% above the Industrial Products industry median of 119.51. Changs Ascending Enterprise Co's overall GF Score™ is 60/100 with 8 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 Changs Ascending Enterprise Co (ROCO:8038), the current Days Inventory is 123.15 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 Changs Ascending Enterprise Co (ROCO:8038) Overvalued in 2026?
Based on GuruFocus' analysis, Changs Ascending Enterprise Co stock appears to be undervalued.
The current stock price of NT$37.50 is trading 59.4% below its estimated GF Value™ of NT$92.42.
GuruFocus considers Changs Ascending Enterprise Co to be Possible Value Trap.
Key valuation signals for ROCO:8038:
Days Inventory: 123.15 (49% below median its 10-year median of 243.07)
GF Value™: NT$92.42 vs. price of NT$37.50 (59.4% below fair value)
Industry Position: 3% above the Industrial Products median (#1959 of 2968)
No single metric tells the full story. See the ROCO:8038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Changs Ascending Enterprise Co Business Description
Changs Ascending Enterprise Co Ltd is engaged in the manufacturing, research, and development of lithium-iron batteries and its materials, as well as technology transfer and leasing, and sales of battery modules. The company derives maximum revenue from Lithium-iron battery modules.
60GF Score
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