Cheng Loong (TPE:1904) Days Inventory: 79.76 (As of Dec. 2025) — Near Median


TPE:1904 Cheng Loong Corp TPE:1904
70 GF Score
Price NT$23.40
GF Value NT$25.96
Valuation Modestly Undervalued
! 12 Warning Signs
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What is Cheng Loong Days Inventory?

Cheng Loong TPE:1904 70 Days Inventory is 79.76 as of Dec. 2025, which is 9% below its 10-year median of 87.46. GuruFocus rates TPE:1904 with a GF Score™ of 70/100 and a GF Value™ of NT$25.96 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 270 Forest Products companies, Cheng Loong ranks better than 55.93% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Cheng Loong's Average Total Inventories for the three months ended in Dec. 2025 was NT$7,854 Mil. Cheng Loong's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$8,986 Mil. Hence, Cheng Loong's Days Inventory for the three months ended in Dec. 2025 was 79.76.

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

TPE:1904' s Days Inventory Range Over the Past 10 Years
Min: 75.55   Med: 87.46   Max: 100.42
Current: 83.76

During the past 13 years, Cheng Loong's highest Days Inventory was 100.42. The lowest was 75.55. And the median was 87.46.

TPE:1904's Days Inventory is ranked better than
55.93% of 270 companies
in the Forest Products industry
Industry Median: 89.475 vs TPE:1904: 83.76

Cheng Loong's Days Inventory declined from Dec. 2024 (82.26) to Dec. 2025 (79.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cheng Loong's Inventory Turnover for the three months ended in Dec. 2025 was 1.14.

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. Cheng Loong's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.69.


Cheng Loong  (TPE:1904) 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.

Cheng Loong'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.

Cheng Loong's Inventory to Revenue for the three months ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=7854.0755 / 11372.497
=0.69

* 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.


Cheng Loong Days Inventory Related Terms


Cheng Loong Days Inventory Historical Data

* Premium members only.

The historical data trend for Cheng Loong'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.

Cheng Loong Days Inventory Chart

Cheng Loong 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 84.80 89.83 95.71 83.10 85.09

Cheng Loong 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 82.26 90.37 83.77 80.01 79.76

Cheng Loong Days Inventory Competitor Comparison

For the Paper & Paper Products subindustry, Cheng Loong'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.


Cheng Loong Days Inventory vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cheng Loong's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cheng Loong's Days Inventory falls into.


TPE:1904
70GF Score
Cheng Loong Corp TPE:1904
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheng Loong Days Inventory Calculation

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

Cheng Loong'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
=( (8487.616 + 7951.119) / 2 ) / 35255.978*365
=8219.3675 / 35255.978*365
=85.09

Cheng Loong'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
=( (7757.032 + 7951.119) / 2 ) / 8986.062*365 / 4
=7854.0755 / 8986.062*365 / 4
=79.76

* 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 79.76 mean?
Cheng Loong (TPE:1904) has a Days Inventory of 79.76 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cheng Loong and its competitors. This is near median its historical median of 87.46. Over the past decade, Cheng Loong's Days Inventory has ranged from 75.55 to 100.42. According to the industry distribution chart, Cheng Loong ranks #119 out of 270 companies in the Forest Products industry, placing it in the top 44.1%.
Is Cheng Loong's Days Inventory too high?
Cheng Loong's current Days Inventory of 79.76 is near median its 10-year median of 87.46. Over the past 10 years, this metric has ranged from a low of 75.55 to a high of 100.42. The Forest Products industry median Days Inventory is 89.48. Cheng Loong's value of 79.76 is 10.9% below this industry median. Based on the distribution chart, Cheng Loong ranks #119 out of 270 companies in the Forest Products industry, which is above the industry midpoint. Overall, Cheng Loong has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Loong's Days Inventory compare to competitors?
According to the Forest Products industry distribution chart, Cheng Loong ranks #119 out of 270 companies for Days Inventory. This puts Cheng Loong in the upper half of its industry. The industry median Days Inventory is 89.48. Cheng Loong's value of 79.76 is 10.9% below this benchmark. Historically, Cheng Loong's own Days Inventory has ranged from 75.55 to 100.42 over the past decade. While the company's 10-year median is 87.46 vs. the industry median of 89.48, Cheng Loong 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 Forest Products company?
The median Days Inventory among Forest Products companies is 89.48, based on 270 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. Cheng Loong's current Days Inventory of 79.76 is 10.9% 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 Cheng Loong and its competitors. For the Forest Products industry, the median Days Inventory is 89.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheng Loong's current Days Inventory is 79.76, which is near median its own 10-year median of 87.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Loong stock overvalued right now?
Based on GuruFocus' analysis, Cheng Loong (TPE:1904) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$25.96, compared to a current price of NT$23.40 — trading 9.9% below its estimated fair value. The current Days Inventory is 79.76, which is near median its 10-year median of 87.46 and 10.9% below the Forest Products industry median of 89.48. Cheng Loong's overall GF Score™ is 70/100 with 12 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 Cheng Loong (TPE:1904), the current Days Inventory is 79.76 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 Cheng Loong (TPE:1904) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Loong stock appears to be undervalued. The current stock price of NT$23.40 is trading 9.9% below its estimated GF Value™ of NT$25.96. GuruFocus considers Cheng Loong to be Modestly Undervalued.

Key valuation signals for TPE:1904:

  • Days Inventory: 79.76 (near median its 10-year median of 87.46)
  • GF Value™: NT$25.96 vs. price of NT$23.40 (9.9% below fair value)
  • GF Score™: 70/100 with 12 warning signs
  • Industry Position: 10.9% below the Forest Products median (#119 of 270)

No single metric tells the full story. See the TPE:1904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheng Loong Business Description

Address Min Sheng Road, No. 1, Section 1, Banqiao District, New Taipei, TWN, 220
Cheng Loong Corp manufactures and sells a variety of paper products. The company is engaged in the manufacturing and sale of paper products, materials for paper products, corrugated cartons, and related products. It is also engaged in building commercial and residential premises for rent and sale in partnership with construction companies. The company generates a majority of its revenue from the manufacturing and sale of industrial paper, corrugated containers, and related products. Its geographical segments are Taiwan, which generates key revenue, China, and Southeast Asia.
70GF Score

Get the complete analysis for TPE:1904

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

NT$23.40
Price
NT$25.96
GF Value