Mercuries & Associates (TPE:2905) Days Inventory: 26.12 (As of Dec. 2025) — 52% Above Median


TPE:2905 Mercuries & Associates Ltd TPE:2905
68 GF Score
Price NT$15.40
GF Value NT$11.57
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Mercuries & Associates Days Inventory?

Mercuries & Associates TPE:2905 68 Days Inventory is 26.12 as of Dec. 2025, which is 52% above its 10-year median of 17.13. GuruFocus rates TPE:2905 with a GF Score™ of 68/100 and a GF Value™ of NT$11.57 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 16 Insurance companies, Mercuries & Associates ranks worse than 75% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Mercuries & Associates's Average Total Inventories for the three months ended in Dec. 2025 was NT$6,373 Mil. Mercuries & Associates's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$22,259 Mil. Hence, Mercuries & Associates's Days Inventory for the three months ended in Dec. 2025 was 26.12.

The historical rank and industry rank for Mercuries & Associates's Days Inventory or its related term are showing as below:

TPE:2905' s Days Inventory Range Over the Past 10 Years
Min: 7.24   Med: 17.13   Max: 70.96
Current: 70.96

During the past 13 years, Mercuries & Associates's highest Days Inventory was 70.96. The lowest was 7.24. And the median was 17.13.

TPE:2905's Days Inventory is ranked worse than
75% of 16 companies
in the Insurance industry
Industry Median: 13.175 vs TPE:2905: 70.96

Mercuries & Associates's Days Inventory declined from Dec. 2024 (41.13) to Dec. 2025 (26.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mercuries & Associates's Inventory Turnover for the three months ended in Dec. 2025 was 3.49.

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. Mercuries & Associates's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.14.


Mercuries & Associates  (TPE:2905) 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.

Mercuries & Associates'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.

Mercuries & Associates'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.


Mercuries & Associates Days Inventory Related Terms


Mercuries & Associates Days Inventory Historical Data

* Premium members only.

The historical data trend for Mercuries & Associates'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.

Mercuries & Associates Days Inventory Chart

Mercuries & Associates 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 19.14 37.38 33.91 34.80 70.43

Mercuries & Associates 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 41.13 39.82 0.00 25.11 26.12

TPE:2905 vs AFL, MET, PRU: Days Inventory Comparison

For the Insurance - Life subindustry, Mercuries & Associates'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.


Mercuries & Associates Days Inventory vs Insurance Industry

For the Insurance industry and Financial Services sector, Mercuries & Associates's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mercuries & Associates's Days Inventory falls into.


TPE:2905
68GF Score
Mercuries & Associates Ltd TPE:2905
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercuries & Associates Days Inventory Calculation

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

Mercuries & Associates'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
=( (7345.432 + 5979.651) / 2 ) / 34528.902*365
=6662.5415 / 34528.902*365
=70.43

Mercuries & Associates'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
=( (6765.693 + 5979.651) / 2 ) / 22259.15*365 / 4
=6372.672 / 22259.15*365 / 4
=26.12

* 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 26.12 mean?
Mercuries & Associates (TPE:2905) has a Days Inventory of 26.12 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mercuries & Associates and its competitors. This is 52% above median its historical median of 17.13. Over the past decade, Mercuries & Associates' Days Inventory has ranged from 7.24 to 70.96. According to the industry distribution chart, Mercuries & Associates ranks #12 out of 16 companies in the Insurance industry, placing it in the top 75%.
Is Mercuries & Associates' Days Inventory too high?
Mercuries & Associates' current Days Inventory of 26.12 is 52% above median its 10-year median of 17.13. Over the past 10 years, this metric has ranged from a low of 7.24 to a high of 70.96. The Insurance industry median Days Inventory is 13.18. Mercuries & Associates' value of 26.12 is 98.3% above this industry median. Based on the distribution chart, Mercuries & Associates ranks #12 out of 16 companies in the Insurance industry, which is below the industry midpoint. Overall, Mercuries & Associates has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercuries & Associates' Days Inventory compare to AFL and MET?
According to the Insurance industry distribution chart, Mercuries & Associates ranks #12 out of 16 companies for Days Inventory. This places Mercuries & Associates in the lower half of its industry. The industry median Days Inventory is 13.18. Mercuries & Associates' value of 26.12 is 98.3% above this benchmark. Historically, Mercuries & Associates' own Days Inventory has ranged from 7.24 to 70.96 over the past decade. While the company's 10-year median is 17.13 vs. the industry median of 13.18, Mercuries & Associates 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 Insurance company?
The median Days Inventory among Insurance companies is 13.18, based on 16 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. Mercuries & Associates's current Days Inventory of 26.12 is 98.3% 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 Mercuries & Associates and its competitors. For the Insurance industry, the median Days Inventory is 13.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercuries & Associates's current Days Inventory is 26.12, which is 52% above median its own 10-year median of 17.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercuries & Associates stock overvalued right now?
Based on GuruFocus' analysis, Mercuries & Associates (TPE:2905) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$11.57, compared to a current price of NT$15.40 — trading 33.1% above its estimated fair value. The current Days Inventory is 26.12, which is 52% above median its 10-year median of 17.13 and 98.3% above the Insurance industry median of 13.18. Mercuries & Associates' overall GF Score™ is 68/100 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 Mercuries & Associates (TPE:2905), the current Days Inventory is 26.12 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 Mercuries & Associates (TPE:2905) Overvalued in 2026?

Based on GuruFocus' analysis, Mercuries & Associates stock appears to be overvalued. The current stock price of NT$15.40 is trading 33.1% above its estimated GF Value™ of NT$11.57. GuruFocus considers Mercuries & Associates to be Significantly Overvalued.

Key valuation signals for TPE:2905:

  • Days Inventory: 26.12 (52% above median its 10-year median of 17.13)
  • GF Value™: NT$11.57 vs. price of NT$15.40 (33.1% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 98.3% above the Insurance median (#12 of 16)

No single metric tells the full story. See the TPE:2905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercuries & Associates Business Description

Address No. 145, Section 2, Chien Kuo North Road, Taipei, TWN
Mercuries & Associates Ltd is mainly engaged in finance and investment. The company is engaged in diversified businesses such as insurance, food and beverage, pharmaceutical, and IT integration. The segment of the company include Life insurance, Retail, Food and beverage, Food, IT service, Pharmaceutical, and Others. The company derives maximum revenue from the Life Insurance segment. Geographically, the company operates in domestic regions only.
68GF Score

Get the complete analysis for TPE:2905

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

NT$15.40
Price
NT$11.57
GF Value