Goodway Machine (TPE:1583) Days Inventory: 411.83 (As of Mar. 2026) — 49% Above Median

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TPE:1583 Goodway Machine Corp TPE:1583
61 GF Score
Price NT$51.70
GF Value NT$46.76
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Goodway Machine Days Inventory?

Goodway Machine TPE:1583 -3.54% 61 Days Inventory is 411.83 as of Mar. 2026, which is 49% above its 10-year median of 276.91. GuruFocus rates TPE:1583 with a GF Score™ of 61/100 and a GF Value™ of NT$46.76 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,970 Industrial Products companies, Goodway Machine ranks worse than 94.21% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Goodway Machine's Average Total Inventories for the three months ended in Mar. 2026 was NT$3,449 Mil. Goodway Machine's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$764 Mil. Hence, Goodway Machine's Days Inventory for the three months ended in Mar. 2026 was 411.83.

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

TPE:1583' s Days Inventory Range Over the Past 10 Years
Min: 221.06   Med: 276.91   Max: 403.46
Current: 389.75

During the past 13 years, Goodway Machine's highest Days Inventory was 403.46. The lowest was 221.06. And the median was 276.91.

TPE:1583's Days Inventory is ranked worse than
94.21% of 2970 companies
in the Industrial Products industry
Industry Median: 118.715 vs TPE:1583: 389.75

Goodway Machine's Days Inventory declined from Mar. 2025 (473.58) to Mar. 2026 (411.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Goodway Machine's Inventory Turnover for the three months ended in Mar. 2026 was 0.22.

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. Goodway Machine's Inventory-to-Revenue for the three months ended in Mar. 2026 was 3.70.


Goodway Machine  (TPE:1583) 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.

Goodway Machine's Inventory Turnover for the three months ended in Mar. 2026 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.

Goodway Machine's Inventory to Revenue for the three months ended in Mar. 2026 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.


Goodway Machine Days Inventory Related Terms


Goodway Machine Days Inventory Historical Data

* Premium members only.

The historical data trend for Goodway Machine'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.

Goodway Machine Days Inventory Chart

Goodway Machine 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 221.06 272.80 326.92 375.28 403.46

Goodway Machine Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 473.58 373.53 367.29 405.16 411.83

TPE:1583 vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Goodway Machine'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.


Goodway Machine Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goodway Machine's Days Inventory distribution charts can be found below:

* The bar in red indicates where Goodway Machine's Days Inventory falls into.


TPE:1583
61GF Score
Goodway Machine Corp TPE:1583
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goodway Machine Days Inventory Calculation

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

Goodway Machine'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
=( (3559.935 + 3474.855) / 2 ) / 3182.094*365
=3517.395 / 3182.094*365
=403.46

Goodway Machine's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3474.855 + 3424.11) / 2 ) / 764.305*365 / 4
=3449.4825 / 764.305*365 / 4
=411.83

* 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 411.83 mean?
Goodway Machine (TPE:1583) has a Days Inventory of 411.83 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Goodway Machine and its competitors. This is 49% above median its historical median of 276.91. Over the past decade, Goodway Machine's Days Inventory has ranged from 221.06 to 403.46. According to the industry distribution chart, Goodway Machine ranks #2798 out of 2970 companies in the Industrial Products industry, placing it in the top 94.2%.
Is Goodway Machine's Days Inventory too high?
Goodway Machine's current Days Inventory of 411.83 is 49% above median its 10-year median of 276.91. Over the past 10 years, this metric has ranged from a low of 221.06 to a high of 403.46. The Industrial Products industry median Days Inventory is 118.72. Goodway Machine's value of 411.83 is 246.9% above this industry median. Based on the distribution chart, Goodway Machine ranks #2798 out of 2970 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Goodway Machine has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodway Machine's Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Goodway Machine ranks #2798 out of 2970 companies for Days Inventory. This places Goodway Machine in the lower half of its industry. The industry median Days Inventory is 118.72. Goodway Machine's value of 411.83 is 246.9% above this benchmark. Historically, Goodway Machine's own Days Inventory has ranged from 221.06 to 403.46 over the past decade. While the company's 10-year median is 276.91 vs. the industry median of 118.72, Goodway Machine 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 118.72, based on 2,970 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. Goodway Machine's current Days Inventory of 411.83 is 246.9% 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 Goodway Machine and its competitors. For the Industrial Products industry, the median Days Inventory is 118.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodway Machine's current Days Inventory is 411.83, which is 49% above median its own 10-year median of 276.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodway Machine stock overvalued right now?
Based on GuruFocus' analysis, Goodway Machine (TPE:1583) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$46.76, compared to a current price of NT$51.70 — trading 10.6% above its estimated fair value. The current Days Inventory is 411.83, which is 49% above median its 10-year median of 276.91 and 246.9% above the Industrial Products industry median of 118.72. Goodway Machine's overall GF Score™ is 61/100 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 Goodway Machine (TPE:1583), the current Days Inventory is 411.83 as of Mar. 2026. 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 Goodway Machine (TPE:1583) Overvalued in 2026?

Based on GuruFocus' analysis, Goodway Machine stock appears to be overvalued. The current stock price of NT$51.70 is trading 10.6% above its estimated GF Value™ of NT$46.76. GuruFocus considers Goodway Machine to be Modestly Overvalued.

Key valuation signals for TPE:1583:

  • Days Inventory: 411.83 (49% above median its 10-year median of 276.91)
  • GF Value™: NT$46.76 vs. price of NT$51.70 (10.6% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 246.9% above the Industrial Products median (#2798 of 2970)

No single metric tells the full story. See the TPE:1583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goodway Machine Business Description

Address No. 13, Gongyequ 5th Road, Taichung Industrial Park, Xitun District, Taichung, TWN, 40767
Goodway Machine Corp engaged in manufacturing, sales, and purchases of a variety of machine tools, automatic machinery and hardware, woodworking machinery, and woodworking lathes. The company has two reportable segments, the CNC Lathe segment and the Processing Machine segment, which are mainly engaged in the design, manufacturing, and trading of industrial machine tools. Geographically, the company generates a majority of its revenue from Asia (excluding Taiwan) and the rest from Europe, America, Taiwan, and other regions.
61GF Score

Get the complete analysis for TPE:1583

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

NT$51.70
Price
NT$46.76
GF Value