Sinkang Industries Co (TPE:2032) Days Inventory: 63.63 (As of Dec. 2025) — 50% Above Median


TPE:2032 Sinkang Industries Co Ltd TPE:2032
71 GF Score
Price NT$16.40
GF Value NT$16.70
Valuation Fairly Valued
! 10 Warning Signs
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What is Sinkang Industries Co Days Inventory?

Sinkang Industries Co TPE:2032 71 Days Inventory is 63.63 as of Dec. 2025, which is 50% above its 10-year median of 42.31. GuruFocus rates TPE:2032 with a GF Score™ of 71/100 and a GF Value™ of NT$16.70 (Fairly Valued). The stock has 10 warning signs investors should review. Among 581 Steel companies, Sinkang Industries Co ranks better than 74.01% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Sinkang Industries Co's Average Total Inventories for the three months ended in Dec. 2025 was NT$459 Mil. Sinkang Industries Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$659 Mil. Hence, Sinkang Industries Co's Days Inventory for the three months ended in Dec. 2025 was 63.63.

The historical rank and industry rank for Sinkang Industries Co's Days Inventory or its related term are showing as below:

TPE:2032' s Days Inventory Range Over the Past 10 Years
Min: 34.74   Med: 42.31   Max: 56.41
Current: 56.41

During the past 13 years, Sinkang Industries Co's highest Days Inventory was 56.41. The lowest was 34.74. And the median was 42.31.

TPE:2032's Days Inventory is ranked better than
74.01% of 581 companies
in the Steel industry
Industry Median: 86.42 vs TPE:2032: 56.41

Sinkang Industries Co's Days Inventory increased from Dec. 2024 (40.50) to Dec. 2025 (63.63). It might indicate that Sinkang Industries Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinkang Industries Co's Inventory Turnover for the three months ended in Dec. 2025 was 1.43.

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. Sinkang Industries Co's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.65.


Sinkang Industries Co  (TPE:2032) 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.

Sinkang Industries 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.

Sinkang Industries 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.


Sinkang Industries Co Days Inventory Related Terms


Sinkang Industries Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Sinkang Industries Co'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.

Sinkang Industries Co Days Inventory Chart

Sinkang Industries Co 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 47.86 43.37 34.74 38.61 47.45

Sinkang Industries Co 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 40.50 52.19 58.72 60.48 63.63

TPE:2032 vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Sinkang Industries 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.


Sinkang Industries Co Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Sinkang Industries Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sinkang Industries Co's Days Inventory falls into.


TPE:2032
71GF Score
Sinkang Industries Co Ltd TPE:2032
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinkang Industries Co Days Inventory Calculation

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

Sinkang Industries Co'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
=( (353.747 + 404.173) / 2 ) / 2914.953*365
=378.96 / 2914.953*365
=47.45

Sinkang Industries Co'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
=( (514.426 + 404.173) / 2 ) / 658.69*365 / 4
=459.2995 / 658.69*365 / 4
=63.63

* 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 63.63 mean?
Sinkang Industries Co (TPE:2032) has a Days Inventory of 63.63 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sinkang Industries Co and its competitors. This is 50% above median its historical median of 42.31. Over the past decade, Sinkang Industries Co's Days Inventory has ranged from 34.74 to 56.41. According to the industry distribution chart, Sinkang Industries Co ranks #151 out of 581 companies in the Steel industry, placing it in the top 26%.
Is Sinkang Industries Co's Days Inventory too high?
Sinkang Industries Co's current Days Inventory of 63.63 is 50% above median its 10-year median of 42.31. Over the past 10 years, this metric has ranged from a low of 34.74 to a high of 56.41. The Steel industry median Days Inventory is 86.42. Sinkang Industries Co's value of 63.63 is 26.4% below this industry median. Based on the distribution chart, Sinkang Industries Co ranks #151 out of 581 companies in the Steel industry, which is above the industry midpoint. Overall, Sinkang Industries Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinkang Industries Co's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Sinkang Industries Co ranks #151 out of 581 companies for Days Inventory. This puts Sinkang Industries Co in the upper half of its industry. The industry median Days Inventory is 86.42. Sinkang Industries Co's value of 63.63 is 26.4% below this benchmark. Historically, Sinkang Industries Co's own Days Inventory has ranged from 34.74 to 56.41 over the past decade. While the company's 10-year median is 42.31 vs. the industry median of 86.42, Sinkang Industries Co 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 Steel company?
The median Days Inventory among Steel companies is 86.42, based on 581 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. Sinkang Industries Co's current Days Inventory of 63.63 is 26.4% 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 Sinkang Industries Co and its competitors. For the Steel industry, the median Days Inventory is 86.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinkang Industries Co's current Days Inventory is 63.63, which is 50% above median its own 10-year median of 42.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinkang Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Sinkang Industries Co (TPE:2032) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.70, compared to a current price of NT$16.40 — trading 1.8% below its estimated fair value. The current Days Inventory is 63.63, which is 50% above median its 10-year median of 42.31 and 26.4% below the Steel industry median of 86.42. Sinkang Industries Co's overall GF Score™ is 71/100 with 10 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 Sinkang Industries Co (TPE:2032), the current Days Inventory is 63.63 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 Sinkang Industries Co (TPE:2032) Overvalued in 2026?

Based on GuruFocus' analysis, Sinkang Industries Co stock appears to be undervalued. The current stock price of NT$16.40 is trading 1.8% below its estimated GF Value™ of NT$16.70. GuruFocus considers Sinkang Industries Co to be Fairly Valued.

Key valuation signals for TPE:2032:

  • Days Inventory: 63.63 (50% above median its 10-year median of 42.31)
  • GF Value™: NT$16.70 vs. price of NT$16.40 (1.8% below fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 26.4% below the Steel median (#151 of 581)

No single metric tells the full story. See the TPE:2032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinkang Industries Co Business Description

Address No. 8 Da\'an Road, Xinzhuang District, New Taipei City, Taipei, TWN, 242065
Sinkang Industries Co Ltd is engaged in cutting and processing surface treatments for stainless steel. Its business activities include Steel secondary processing, Scrap iron and steel metal processing, Metal structure and architectural components manufacturing, Metal wire products manufacturing, Other fabricated metal products manufacturing, Surface treatments, and Mechanical equipment manufacturing.
71GF Score

Get the complete analysis for TPE:2032

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

NT$16.40
Price
NT$16.70
GF Value