Chenming Electronic Technology (TPE:3013) Days Inventory: 46.75 (As of Jun. 2026) — 21% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3013 Chenming Electronic Technology Corp TPE:3013
84 GF Score
Price NT$89.50
GF Value NT$136.85
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Chenming Electronic Technology Days Inventory?

Chenming Electronic Technology TPE:3013 +0.74% 84 Days Inventory is 46.75 as of Jun. 2026, which is 21% below its 10-year median of 59.13. GuruFocus rates TPE:3013 with a GF Score™ of 84/100 and a GF Value™ of NT$136.85 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,412 Hardware companies, Chenming Electronic Technology ranks better than 83.67% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Chenming Electronic Technology's Average Total Inventories for the three months ended in Jun. 2026 was NT$1,311 Mil. Chenming Electronic Technology's Cost of Goods Sold for the three months ended in Jun. 2026 was NT$2,558 Mil. Hence, Chenming Electronic Technology's Days Inventory for the three months ended in Jun. 2026 was 46.75.

The historical rank and industry rank for Chenming Electronic Technology's Days Inventory or its related term are showing as below:

TPE:3013' s Days Inventory Range Over the Past 10 Years
Min: 46.25   Med: 59.13   Max: 84.54
Current: 46.25

During the past 13 years, Chenming Electronic Technology's highest Days Inventory was 84.54. The lowest was 46.25. And the median was 59.13.

TPE:3013's Days Inventory is ranked better than
83.67% of 2412 companies
in the Hardware industry
Industry Median: 96.385 vs TPE:3013: 46.25

Chenming Electronic Technology's Days Inventory declined from Jun. 2025 (47.82) to Jun. 2026 (46.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chenming Electronic Technology's Inventory Turnover for the three months ended in Jun. 2026 was 1.95.

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. Chenming Electronic Technology's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.41.


Chenming Electronic Technology  (TPE:3013) 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.

Chenming Electronic Technology's Inventory Turnover for the three months ended in Jun. 2026 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.

Chenming Electronic Technology's Inventory to Revenue for the three months ended in Jun. 2026 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.


Chenming Electronic Technology Days Inventory Related Terms


Chenming Electronic Technology Days Inventory Historical Data

* Premium members only.

The historical data trend for Chenming Electronic Technology'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.

Chenming Electronic Technology Days Inventory Chart

Chenming Electronic Technology 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 84.54 71.35 55.96 47.38 54.03

Chenming Electronic Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 47.82 45.55 42.96 52.45 46.75

TPE:3013 vs DELL, ANET, SNDK: Days Inventory Comparison

For the Computer Hardware subindustry, Chenming Electronic Technology'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.


Chenming Electronic Technology Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Chenming Electronic Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chenming Electronic Technology's Days Inventory falls into.


TPE:3013
84GF Score
Chenming Electronic Technology Corp TPE:3013
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chenming Electronic Technology Days Inventory Calculation

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

Chenming Electronic Technology'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
=( (1283.942 + 1261.322) / 2 ) / 8596.887*365
=1272.632 / 8596.887*365
=54.03

Chenming Electronic Technology's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (1393.489 + 1227.888) / 2 ) / 2558.265*365 / 4
=1310.6885 / 2558.265*365 / 4
=46.75

* 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 46.75 mean?
Chenming Electronic Technology (TPE:3013) has a Days Inventory of 46.75 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Chenming Electronic Technology and its competitors. This is 21% below median its historical median of 59.13. Over the past decade, Chenming Electronic Technology's Days Inventory has ranged from 46.25 to 84.54. According to the industry distribution chart, Chenming Electronic Technology ranks #394 out of 2412 companies in the Hardware industry, placing it in the top 16.3%.
Is Chenming Electronic Technology's Days Inventory too high?
Chenming Electronic Technology's current Days Inventory of 46.75 is 21% below median its 10-year median of 59.13. Over the past 10 years, this metric has ranged from a low of 46.25 to a high of 84.54. The Hardware industry median Days Inventory is 96.39. Chenming Electronic Technology's value of 46.75 is 51.5% below this industry median. Based on the distribution chart, Chenming Electronic Technology ranks #394 out of 2412 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Chenming Electronic Technology has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chenming Electronic Technology's Days Inventory compare to DELL and ANET?
According to the Hardware industry distribution chart, Chenming Electronic Technology ranks #394 out of 2412 companies for Days Inventory. This places Chenming Electronic Technology in the top 16% of its industry — outperforming the majority of peers. The industry median Days Inventory is 96.39. Chenming Electronic Technology's value of 46.75 is 51.5% below this benchmark. Historically, Chenming Electronic Technology's own Days Inventory has ranged from 46.25 to 84.54 over the past decade. While the company's 10-year median is 59.13 vs. the industry median of 96.39, Chenming Electronic Technology 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 Hardware company?
The median Days Inventory among Hardware companies is 96.39, based on 2,412 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. Chenming Electronic Technology's current Days Inventory of 46.75 is 51.5% 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 Chenming Electronic Technology and its competitors. For the Hardware industry, the median Days Inventory is 96.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenming Electronic Technology's current Days Inventory is 46.75, which is 21% below median its own 10-year median of 59.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenming Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Chenming Electronic Technology (TPE:3013) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$136.85, compared to a current price of NT$89.50 — trading 34.6% below its estimated fair value. The current Days Inventory is 46.75, which is 21% below median its 10-year median of 59.13 and 51.5% below the Hardware industry median of 96.39. Chenming Electronic Technology's overall GF Score™ is 84/100 with 1 warning sign 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 Chenming Electronic Technology (TPE:3013), the current Days Inventory is 46.75 as of Jun. 2026. 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 Chenming Electronic Technology (TPE:3013) Overvalued in 2026?

Based on GuruFocus' analysis, Chenming Electronic Technology stock appears to be undervalued. The current stock price of NT$89.50 is trading 34.6% below its estimated GF Value™ of NT$136.85. GuruFocus considers Chenming Electronic Technology to be Significantly Undervalued.

Key valuation signals for TPE:3013:

  • Days Inventory: 46.75 (21% below median its 10-year median of 59.13)
  • GF Value™: NT$136.85 vs. price of NT$89.50 (34.6% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 51.5% below the Hardware median (#394 of 2412)

No single metric tells the full story. See the TPE:3013 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chenming Electronic Technology Business Description

Address Section 6, Minquan East Road, 2-6 Floor, No. 27, Neihu District, Taipei, TWN, 114
Chenming Electronic Technology Corp is engaged in the manufacturing, research and development, and sale of server cases and computer cases. Geographically, it operates in China, Taiwan, the USA, and other countries. It generates the majority of its revenue from the USA, followed by Taiwan. The group has only one operating segment, which produces computer and mobile device components.
84GF Score

Get the complete analysis for TPE:3013

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

NT$89.50
Price
NT$136.85
GF Value