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Inventory Turnover measures how fast the company turns over its inventory within a year.
Tong Ming Enterprise Co's Inventory Turnover for the
three
months ended in Dec. 2025 was 0.61.
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.
Tong Ming Enterprise Co's Inventory-to-Revenue for the
three
months ended in Dec. 2025 was 1.47.
Tong Ming Enterprise Co (TPE:5538) 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.
Tong Ming 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.
Tong Ming 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.
Tong Ming Enterprise Co Days Inventory Related Terms
Tong Ming Enterprise Co Days Inventory Historical Data
* 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.
TPE:5538 vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Tong Ming 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.
Tong Ming Enterprise Co Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Tong Ming Enterprise Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tong Ming Enterprise Co's Days Inventory falls into.
* 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.
Tong Ming Enterprise Co (TPE:5538) has a Days Inventory of 150.71 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tong Ming Enterprise Co and its competitors. This is 14% above median its historical median of 131.98. Over the past decade, Tong Ming Enterprise Co's Days Inventory has ranged from 120.11 to 160.66. According to the industry distribution chart, Tong Ming Enterprise Co ranks #477 out of 582 companies in the Steel industry, placing it in the top 82%.
Is Tong Ming Enterprise Co's Days Inventory too high?
Tong Ming Enterprise Co's current Days Inventory of 150.71 is 14% above median its 10-year median of 131.98. Over the past 10 years, this metric has ranged from a low of 120.11 to a high of 160.66. The Steel industry median Days Inventory is 86.57. Tong Ming Enterprise Co's value of 150.71 is 74.1% above this industry median. Based on the distribution chart, Tong Ming Enterprise Co ranks #477 out of 582 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tong Ming Enterprise Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tong Ming Enterprise Co's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Tong Ming Enterprise Co ranks #477 out of 582 companies for Days Inventory. This places Tong Ming Enterprise Co in the lower half of its industry. The industry median Days Inventory is 86.57. Tong Ming Enterprise Co's value of 150.71 is 74.1% above this benchmark. Historically, Tong Ming Enterprise Co's own Days Inventory has ranged from 120.11 to 160.66 over the past decade. While the company's 10-year median is 131.98 vs. the industry median of 86.57, Tong Ming Enterprise 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 Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 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. Tong Ming Enterprise Co's current Days Inventory of 150.71 is 74.1% 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 Tong Ming Enterprise Co and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tong Ming Enterprise Co's current Days Inventory is 150.71, which is 14% above median its own 10-year median of 131.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tong Ming Enterprise Co stock overvalued right now?
Based on GuruFocus' analysis, Tong Ming Enterprise Co (TPE:5538) is currently considered Fairly Valued. The stock's GF Value™ is NT$30.68, compared to a current price of NT$33.45 — trading 9% above its estimated fair value. The current Days Inventory is 150.71, which is 14% above median its 10-year median of 131.98 and 74.1% above the Steel industry median of 86.57. Tong Ming Enterprise Co's overall GF Score™ is 81/100 with 6 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 Tong Ming Enterprise Co (TPE:5538), the current Days Inventory is 150.71 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 Tong Ming Enterprise Co (TPE:5538) Overvalued in 2026?
Based on GuruFocus' analysis, Tong Ming Enterprise Co stock appears to be overvalued.
The current stock price of NT$33.45 is trading 9% above its estimated GF Value™ of NT$30.68.
GuruFocus considers Tong Ming Enterprise Co to be Fairly Valued.
Key valuation signals for TPE:5538:
Days Inventory: 150.71 (14% above median its 10-year median of 131.98)
GF Value™: NT$30.68 vs. price of NT$33.45 (9% above fair value)
Industry Position: 74.1% above the Steel median (#477 of 582)
No single metric tells the full story. See the TPE:5538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tong Ming Enterprise Co Ltd is specialized in manufacturing and selling brand stainless steel fasteners and wires. The company derives the maximum revenue from Fasteners products. Geographically, the company operates in China. The company serves industries such as curtain wall, high-speed railways, communication, new energy, shipbuilding, animal husbandry, and foreign engineering projects. It derives maximum revenue from Fasteners followed by Wire, Strategic products, and others.
81GF Score
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