Cheer Time Enterprise Co (TPE:3229) Days Inventory: 58.10 (As of Dec. 2025) — 58% Above Median


TPE:3229 Cheer Time Enterprise Co Ltd TPE:3229
55 GF Score
Price NT$39.10
GF Value NT$15.16
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Cheer Time Enterprise Co Days Inventory?

Cheer Time Enterprise Co TPE:3229 -6.24% 55 Days Inventory is 58.10 as of Dec. 2025, which is 58% above its 10-year median of 36.70. GuruFocus rates TPE:3229 with a GF Score™ of 55/100 and a GF Value™ of NT$15.16 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,413 Hardware companies, Cheer Time Enterprise Co ranks better than 71.49% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Cheer Time Enterprise Co's Average Total Inventories for the three months ended in Dec. 2025 was NT$175 Mil. Cheer Time Enterprise Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$274 Mil. Hence, Cheer Time Enterprise Co's Days Inventory for the three months ended in Dec. 2025 was 58.10.

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

TPE:3229' s Days Inventory Range Over the Past 10 Years
Min: 27.02   Med: 36.7   Max: 322.83
Current: 61.99

During the past 13 years, Cheer Time Enterprise Co's highest Days Inventory was 322.83. The lowest was 27.02. And the median was 36.70.

TPE:3229's Days Inventory is ranked better than
71.49% of 2413 companies
in the Hardware industry
Industry Median: 94.29 vs TPE:3229: 61.99

Cheer Time Enterprise Co's Days Inventory declined from Dec. 2024 (76.95) to Dec. 2025 (58.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cheer Time Enterprise Co's Inventory Turnover for the three months ended in Dec. 2025 was 1.57.

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. Cheer Time Enterprise Co's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.57.


Cheer Time Enterprise Co  (TPE:3229) 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.

Cheer Time Enterprise 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.

Cheer Time Enterprise 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.


Cheer Time Enterprise Co Days Inventory Related Terms


Cheer Time Enterprise Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Cheer Time Enterprise 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.

Cheer Time Enterprise Co Days Inventory Chart

Cheer Time Enterprise 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 28.46 84.50 322.83 79.03 67.36

Cheer Time Enterprise 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 76.95 68.49 58.61 58.46 58.10

TPE:3229 vs APH, GLW: Days Inventory Comparison

For the Electronic Components subindustry, Cheer Time Enterprise 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.


Cheer Time Enterprise Co Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Cheer Time Enterprise Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cheer Time Enterprise Co's Days Inventory falls into.


TPE:3229
55GF Score
Cheer Time Enterprise Co Ltd TPE:3229
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheer Time Enterprise Co Days Inventory Calculation

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

Cheer Time Enterprise 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
=( (177.274 + 181.953) / 2 ) / 973.293*365
=179.6135 / 973.293*365
=67.36

Cheer Time Enterprise 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
=( (167.596 + 181.953) / 2 ) / 274.473*365 / 4
=174.7745 / 274.473*365 / 4
=58.10

* 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 58.10 mean?
Cheer Time Enterprise Co (TPE:3229) has a Days Inventory of 58.10 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cheer Time Enterprise Co and its competitors. This is 58% above median its historical median of 36.70. Over the past decade, Cheer Time Enterprise Co's Days Inventory has ranged from 27.02 to 322.83. According to the industry distribution chart, Cheer Time Enterprise Co ranks #688 out of 2413 companies in the Hardware industry, placing it in the top 28.5%.
Is Cheer Time Enterprise Co's Days Inventory too high?
Cheer Time Enterprise Co's current Days Inventory of 58.10 is 58% above median its 10-year median of 36.70. Over the past 10 years, this metric has ranged from a low of 27.02 to a high of 322.83. The Hardware industry median Days Inventory is 94.29. Cheer Time Enterprise Co's value of 58.10 is 38.4% below this industry median. Based on the distribution chart, Cheer Time Enterprise Co ranks #688 out of 2413 companies in the Hardware industry, which is above the industry midpoint. Overall, Cheer Time Enterprise Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheer Time Enterprise Co's Days Inventory compare to APH and GLW?
According to the Hardware industry distribution chart, Cheer Time Enterprise Co ranks #688 out of 2413 companies for Days Inventory. This puts Cheer Time Enterprise Co in the upper half of its industry. The industry median Days Inventory is 94.29. Cheer Time Enterprise Co's value of 58.10 is 38.4% below this benchmark. Historically, Cheer Time Enterprise Co's own Days Inventory has ranged from 27.02 to 322.83 over the past decade. While the company's 10-year median is 36.70 vs. the industry median of 94.29, Cheer Time Enterprise 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 Hardware company?
The median Days Inventory among Hardware companies is 94.29, based on 2,413 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. Cheer Time Enterprise Co's current Days Inventory of 58.10 is 38.4% 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 Cheer Time Enterprise Co and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheer Time Enterprise Co's current Days Inventory is 58.10, which is 58% above median its own 10-year median of 36.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheer Time Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Cheer Time Enterprise Co (TPE:3229) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$15.16, compared to a current price of NT$39.10 — trading 157.9% above its estimated fair value. The current Days Inventory is 58.10, which is 58% above median its 10-year median of 36.70 and 38.4% below the Hardware industry median of 94.29. Cheer Time Enterprise Co's overall GF Score™ is 55/100 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 Cheer Time Enterprise Co (TPE:3229), the current Days Inventory is 58.10 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 Cheer Time Enterprise Co (TPE:3229) Overvalued in 2026?

Based on GuruFocus' analysis, Cheer Time Enterprise Co stock appears to be overvalued. The current stock price of NT$39.10 is trading 157.9% above its estimated GF Value™ of NT$15.16. GuruFocus considers Cheer Time Enterprise Co to be Significantly Overvalued.

Key valuation signals for TPE:3229:

  • Days Inventory: 58.10 (58% above median its 10-year median of 36.70)
  • GF Value™: NT$15.16 vs. price of NT$39.10 (157.9% above fair value)
  • GF Score™: 55/100 with 1 warning sign
  • Industry Position: 38.4% below the Hardware median (#688 of 2413)

No single metric tells the full story. See the TPE:3229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheer Time Enterprise Co Business Description

Address No. 2, Lane 305, South Cyonglin Road, Sinjhuang District, New Taipei, TWN, 242
Cheer Time Enterprise Co Ltd is engaged in the manufacturing, processing and sales of rigid Printed Circuit Board (PCB), as well as international trade. The company's products include HDI, Teflon, ceramic plate, ceramic plate + FR-4, Load Board PCB, Aluminum substrate, rigid-flex PCB, Special process images, PCB drilling, Phosphor bronze balls, and Electronic components. It derives the majority of revenue from Manufacturing and sales of printed circuit boards. Geographically, it derives the majority of revenue from Taiwan, Asia (excluding Taiwan), North America, Oceania, and Europe with the majority of revenue deriving from Taiwan.
55GF Score

Get the complete analysis for TPE:3229

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

NT$39.10
Price
NT$15.16
GF Value