Sincere Navigation (TPE:2605) Days Inventory: 2.37 (As of Dec. 2025) — 85% Below Median

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Director of Data and Quant Analytics at GuruFocus
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TPE:2605 Sincere Navigation Corp TPE:2605
84 GF Score
Price NT$31.25
GF Value NT$28.06
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sincere Navigation Days Inventory?

Sincere Navigation TPE:2605 -1.26% 84 Days Inventory is 2.37 as of Dec. 2025, which is 85% below its 10-year median of 15.59. GuruFocus rates TPE:2605 with a GF Score™ of 84/100 and a GF Value™ of NT$28.06 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 802 Transportation companies, Sincere Navigation ranks better than 73.44% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Sincere Navigation's Average Total Inventories for the three months ended in Dec. 2025 was NT$19 Mil. Sincere Navigation's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$748 Mil. Hence, Sincere Navigation's Days Inventory for the three months ended in Dec. 2025 was 2.37.

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

TPE:2605' s Days Inventory Range Over the Past 10 Years
Min: 3.41   Med: 15.59   Max: 27.83
Current: 4.97

During the past 13 years, Sincere Navigation's highest Days Inventory was 27.83. The lowest was 3.41. And the median was 15.59.

TPE:2605's Days Inventory is ranked better than
73.44% of 802 companies
in the Transportation industry
Industry Median: 12.4 vs TPE:2605: 4.97

Sincere Navigation's Days Inventory declined from Dec. 2024 (4.56) to Dec. 2025 (2.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sincere Navigation's Inventory Turnover for the three months ended in Dec. 2025 was 38.51.

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. Sincere Navigation's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.01.


Sincere Navigation  (TPE:2605) 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.

Sincere Navigation'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.

Sincere Navigation'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.


Sincere Navigation Days Inventory Related Terms


Sincere Navigation Days Inventory Historical Data

* Premium members only.

The historical data trend for Sincere Navigation'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.

Sincere Navigation Days Inventory Chart

Sincere Navigation 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 18.78 19.78 12.39 7.19 3.41

Sincere Navigation 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 4.56 5.44 7.13 6.27 2.37

Sincere Navigation Days Inventory Competitor Comparison

For the Marine Shipping subindustry, Sincere Navigation'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.


Sincere Navigation Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Sincere Navigation's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sincere Navigation's Days Inventory falls into.


TPE:2605
84GF Score
Sincere Navigation Corp TPE:2605
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sincere Navigation Days Inventory Calculation

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

Sincere Navigation'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
=( (50.991 + 10.008) / 2 ) / 3260.325*365
=30.4995 / 3260.325*365
=3.41

Sincere Navigation'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
=( (28.857 + 10.008) / 2 ) / 748.309*365 / 4
=19.4325 / 748.309*365 / 4
=2.37

* 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 2.37 mean?
Sincere Navigation (TPE:2605) has a Days Inventory of 2.37 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sincere Navigation and its competitors. This is 85% below median its historical median of 15.59. Over the past decade, Sincere Navigation's Days Inventory has ranged from 3.41 to 27.83. According to the industry distribution chart, Sincere Navigation ranks #213 out of 802 companies in the Transportation industry, placing it in the top 26.6%.
Is Sincere Navigation's Days Inventory too high?
Sincere Navigation's current Days Inventory of 2.37 is 85% below median its 10-year median of 15.59. Over the past 10 years, this metric has ranged from a low of 3.41 to a high of 27.83. The Transportation industry median Days Inventory is 12.40. Sincere Navigation's value of 2.37 is 80.9% below this industry median. Based on the distribution chart, Sincere Navigation ranks #213 out of 802 companies in the Transportation industry, which is above the industry midpoint. Overall, Sincere Navigation has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sincere Navigation's Days Inventory compare to competitors?
According to the Transportation industry distribution chart, Sincere Navigation ranks #213 out of 802 companies for Days Inventory. This puts Sincere Navigation in the upper half of its industry. The industry median Days Inventory is 12.40. Sincere Navigation's value of 2.37 is 80.9% below this benchmark. Historically, Sincere Navigation's own Days Inventory has ranged from 3.41 to 27.83 over the past decade. While the company's 10-year median is 15.59 vs. the industry median of 12.40, Sincere Navigation 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 Transportation company?
The median Days Inventory among Transportation companies is 12.40, based on 802 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. Sincere Navigation's current Days Inventory of 2.37 is 80.9% 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 Sincere Navigation and its competitors. For the Transportation industry, the median Days Inventory is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sincere Navigation's current Days Inventory is 2.37, which is 85% below median its own 10-year median of 15.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sincere Navigation stock overvalued right now?
Based on GuruFocus' analysis, Sincere Navigation (TPE:2605) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$28.06, compared to a current price of NT$31.25 — trading 11.4% above its estimated fair value. The current Days Inventory is 2.37, which is 85% below median its 10-year median of 15.59 and 80.9% below the Transportation industry median of 12.40. Sincere Navigation's overall GF Score™ is 84/100 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 Sincere Navigation (TPE:2605), the current Days Inventory is 2.37 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 Sincere Navigation (TPE:2605) Overvalued in 2026?

Based on GuruFocus' analysis, Sincere Navigation stock appears to be overvalued. The current stock price of NT$31.25 is trading 11.4% above its estimated GF Value™ of NT$28.06. GuruFocus considers Sincere Navigation to be Modestly Overvalued.

Key valuation signals for TPE:2605:

  • Days Inventory: 2.37 (85% below median its 10-year median of 15.59)
  • GF Value™: NT$28.06 vs. price of NT$31.25 (11.4% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 80.9% below the Transportation median (#213 of 802)

No single metric tells the full story. See the TPE:2605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sincere Navigation Business Description

Address Fuxing South Road, 14th Floor, No. 368, Section 1, Taipei, TWN, 10656
Sincere Navigation Corp is a bulk shipping transportation company in Taiwan. The company's main business line is to provide an integrated shipping solution. It provides a consistent, high-quality transportation service to customers around the world in key industries such as coal and iron ore mining, steel, energy, and paper. It provides tug and barge services. Its segment includes the Bulk carrier and Oil tanker segments. It derives the majority of the revenue from the Bulk carrier segment.
84GF Score

Get the complete analysis for TPE:2605

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

NT$31.25
Price
NT$28.06
GF Value