First Steamship Co (TPE:2601) Days Inventory: 3,841.40 (As of Dec. 2025) — 1744% Above Median


TPE:2601 First Steamship Co Ltd TPE:2601
50 GF Score
Price NT$7.98
GF Value NT$2.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is First Steamship Co Days Inventory?

First Steamship Co TPE:2601 +5.70% 50 Days Inventory is 3,841.40 as of Dec. 2025, which is 1744% above its 10-year median of 208.37. GuruFocus rates TPE:2601 with a GF Score™ of 50/100 and a GF Value™ of NT$2.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,084 Retail - Cyclical companies, First Steamship Co ranks worse than 94.83% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). First Steamship Co's Average Total Inventories for the three months ended in Dec. 2025 was NT$1,880 Mil. First Steamship Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$45 Mil. Hence, First Steamship Co's Days Inventory for the three months ended in Dec. 2025 was 3,841.40.

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

TPE:2601' s Days Inventory Range Over the Past 10 Years
Min: 110.2   Med: 208.37   Max: 569.92
Current: 556.09

During the past 13 years, First Steamship Co's highest Days Inventory was 569.92. The lowest was 110.20. And the median was 208.37.

TPE:2601's Days Inventory is ranked worse than
94.83% of 1084 companies
in the Retail - Cyclical industry
Industry Median: 104.7 vs TPE:2601: 556.09

First Steamship Co's Days Inventory increased from Dec. 2024 (0.00) to Dec. 2025 (3,841.40). It might indicate that First Steamship 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. First Steamship Co's Inventory Turnover for the three months ended in Dec. 2025 was 0.02.

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.


First Steamship Co  (TPE:2601) 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.

First Steamship 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.

First Steamship 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.


First Steamship Co Days Inventory Related Terms


First Steamship Co Days Inventory Historical Data

* Premium members only.

The historical data trend for First Steamship 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.

First Steamship Co Days Inventory Chart

First Steamship 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 243.95 328.05 378.67 569.92 551.56

First Steamship 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 0.00 421.95 443.93 449.19 3,841.40

TPE:2601 vs DDS, M: Days Inventory Comparison

For the Department Stores subindustry, First Steamship 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.


First Steamship Co Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, First Steamship Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where First Steamship Co's Days Inventory falls into.


TPE:2601
50GF Score
First Steamship Co Ltd TPE:2601
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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First Steamship Co Days Inventory Calculation

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

First Steamship 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
=( (2025.279 + 1822.18) / 2 ) / 1273.044*365
=1923.7295 / 1273.044*365
=551.56

First Steamship 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
=( (1938.141 + 1822.18) / 2 ) / 44.662*365 / 4
=1880.1605 / 44.662*365 / 4
=3,841.40

* 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 3,841.40 mean?
First Steamship Co (TPE:2601) has a Days Inventory of 3,841.40 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on First Steamship Co and its competitors. This is 1744% above median its historical median of 208.37. Over the past decade, First Steamship Co's Days Inventory has ranged from 110.20 to 569.92. According to the industry distribution chart, First Steamship Co ranks #1028 out of 1084 companies in the Retail - Cyclical industry, placing it in the top 94.8%.
Is First Steamship Co's Days Inventory too high?
First Steamship Co's current Days Inventory of 3,841.40 is 1744% above median its 10-year median of 208.37. Over the past 10 years, this metric has ranged from a low of 110.20 to a high of 569.92. The Retail - Cyclical industry median Days Inventory is 104.70. First Steamship Co's value of 3,841.40 is 3569% above this industry median. Based on the distribution chart, First Steamship Co ranks #1028 out of 1084 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, First Steamship Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Steamship Co's Days Inventory compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, First Steamship Co ranks #1028 out of 1084 companies for Days Inventory. This places First Steamship Co in the lower half of its industry. The industry median Days Inventory is 104.70. First Steamship Co's value of 3,841.40 is 3569% above this benchmark. Historically, First Steamship Co's own Days Inventory has ranged from 110.20 to 569.92 over the past decade. While the company's 10-year median is 208.37 vs. the industry median of 104.70, First Steamship 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 a Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 104.70, based on 1,084 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. First Steamship Co's current Days Inventory of 3,841.40 is 3569% 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 First Steamship Co and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 104.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Steamship Co's current Days Inventory is 3,841.40, which is 1744% above median its own 10-year median of 208.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Steamship Co stock overvalued right now?
Based on GuruFocus' analysis, First Steamship Co (TPE:2601) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2.06, compared to a current price of NT$7.98 — trading 287.4% above its estimated fair value. The current Days Inventory is 3,841.40, which is 1744% above median its 10-year median of 208.37 and 3569% above the Retail - Cyclical industry median of 104.70. First Steamship Co's overall GF Score™ is 50/100 with 7 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 First Steamship Co (TPE:2601), the current Days Inventory is 3,841.40 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 First Steamship Co (TPE:2601) Overvalued in 2026?

Based on GuruFocus' analysis, First Steamship Co stock appears to be overvalued. The current stock price of NT$7.98 is trading 287.4% above its estimated GF Value™ of NT$2.06. GuruFocus considers First Steamship Co to be Significantly Overvalued.

Key valuation signals for TPE:2601:

  • Days Inventory: 3,841.40 (1744% above median its 10-year median of 208.37)
  • GF Value™: NT$2.06 vs. price of NT$7.98 (287.4% above fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 3569% above the Retail - Cyclical median (#1028 of 1084)

No single metric tells the full story. See the TPE:2601 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Steamship Co Business Description

Address Section 2, Fuxing S. Road, 14th Floor., No.237, Da\'an District, Taipei, TWN, 106
First Steamship Co Ltd is engaged in business management consultancy, domestic and international investments, as well as development, rental and sale of residential and commercial buildings. It operates in four segments the Shipping department, the Investing department, the Department Store department, and the Rental department. The Shipping department engages in domestic and international marine transportation and related businesses. The Investing department engages in domestic and international investment business. The Department Store department engages in department store retail industry, and the Rental department engages in automobile finance leasing company businesses. The majority of revenue is derived from the Department Store department segment.
50GF Score

Get the complete analysis for TPE:2601

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

NT$7.98
Price
NT$2.06
GF Value