Shui-Mu International Co (TPE:8443) Days Inventory: 299.17 (As of Dec. 2025) — 19% Below Median

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TPE:8443 Shui-Mu International Co Ltd TPE:8443
68 GF Score
Price NT$11.35
GF Value NT$11.16
Valuation Fairly Valued
! 4 Warning Signs
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What is Shui-Mu International Co Days Inventory?

Shui-Mu International Co TPE:8443 -0.44% 68 Days Inventory is 299.17 as of Dec. 2025, which is 19% below its 10-year median of 368.51. GuruFocus rates TPE:8443 with a GF Score™ of 68/100 and a GF Value™ of NT$11.16 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Shui-Mu International Co ranks worse than 89.44% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shui-Mu International Co's Average Total Inventories for the three months ended in Dec. 2025 was NT$452 Mil. Shui-Mu International Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$138 Mil. Hence, Shui-Mu International Co's Days Inventory for the three months ended in Dec. 2025 was 299.17.

The historical rank and industry rank for Shui-Mu International Co's Days Inventory or its related term are showing as below:

TPE:8443' s Days Inventory Range Over the Past 10 Years
Min: 312.27   Med: 368.51   Max: 509.96
Current: 342.94

During the past 13 years, Shui-Mu International Co's highest Days Inventory was 509.96. The lowest was 312.27. And the median was 368.51.

TPE:8443's Days Inventory is ranked worse than
89.44% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.785 vs TPE:8443: 342.94

Shui-Mu International Co's Days Inventory increased from Dec. 2024 (282.05) to Dec. 2025 (299.17). It might indicate that Shui-Mu International Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shui-Mu International Co's Inventory Turnover for the three months ended in Dec. 2025 was 0.31.

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. Shui-Mu International Co's Inventory-to-Revenue for the three months ended in Dec. 2025 was 1.54.


Shui-Mu International Co  (TPE:8443) 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.

Shui-Mu International 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.

Shui-Mu International 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.


Shui-Mu International Co Days Inventory Related Terms


Shui-Mu International Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Shui-Mu International 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.

Shui-Mu International Co Days Inventory Chart

Shui-Mu International 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 357.54 312.27 384.26 324.87 336.16

Shui-Mu International 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 282.05 347.78 368.77 372.28 299.17

TPE:8443 vs NKE, DECK, ONON: Days Inventory Comparison

For the Footwear & Accessories subindustry, Shui-Mu International 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.


Shui-Mu International Co Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shui-Mu International Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shui-Mu International Co's Days Inventory falls into.


TPE:8443
68GF Score
Shui-Mu International Co Ltd TPE:8443
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shui-Mu International Co Days Inventory Calculation

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

Shui-Mu International 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
=( (460.229 + 435.29) / 2 ) / 486.169*365
=447.7595 / 486.169*365
=336.16

Shui-Mu International 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
=( (469.092 + 435.29) / 2 ) / 137.925*365 / 4
=452.191 / 137.925*365 / 4
=299.17

* 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 299.17 mean?
Shui-Mu International Co (TPE:8443) has a Days Inventory of 299.17 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shui-Mu International Co and its competitors. This is 19% below median its historical median of 368.51. Over the past decade, Shui-Mu International Co's Days Inventory has ranged from 312.27 to 509.96. According to the industry distribution chart, Shui-Mu International Co ranks #898 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 89.4%.
Is Shui-Mu International Co's Days Inventory too high?
Shui-Mu International Co's current Days Inventory of 299.17 is 19% below median its 10-year median of 368.51. Over the past 10 years, this metric has ranged from a low of 312.27 to a high of 509.96. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.79. Shui-Mu International Co's value of 299.17 is 125.3% above this industry median. Based on the distribution chart, Shui-Mu International Co ranks #898 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shui-Mu International Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shui-Mu International Co's Days Inventory compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shui-Mu International Co ranks #898 out of 1004 companies for Days Inventory. This places Shui-Mu International Co in the lower half of its industry. The industry median Days Inventory is 132.79. Shui-Mu International Co's value of 299.17 is 125.3% above this benchmark. Historically, Shui-Mu International Co's own Days Inventory has ranged from 312.27 to 509.96 over the past decade. While the company's 10-year median is 368.51 vs. the industry median of 132.79, Shui-Mu International 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.79, based on 1,004 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. Shui-Mu International Co's current Days Inventory of 299.17 is 125.3% 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 Shui-Mu International Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shui-Mu International Co's current Days Inventory is 299.17, which is 19% below median its own 10-year median of 368.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shui-Mu International Co stock overvalued right now?
Based on GuruFocus' analysis, Shui-Mu International Co (TPE:8443) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.16, compared to a current price of NT$11.35 — trading 1.7% above its estimated fair value. The current Days Inventory is 299.17, which is 19% below median its 10-year median of 368.51 and 125.3% above the Manufacturing - Apparel & Accessories industry median of 132.79. Shui-Mu International Co's overall GF Score™ is 68/100 with 4 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 Shui-Mu International Co (TPE:8443), the current Days Inventory is 299.17 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 Shui-Mu International Co (TPE:8443) Overvalued in 2026?

Based on GuruFocus' analysis, Shui-Mu International Co stock appears to be overvalued. The current stock price of NT$11.35 is trading 1.7% above its estimated GF Value™ of NT$11.16. GuruFocus considers Shui-Mu International Co to be Fairly Valued.

Key valuation signals for TPE:8443:

  • Days Inventory: 299.17 (19% below median its 10-year median of 368.51)
  • GF Value™: NT$11.16 vs. price of NT$11.35 (1.7% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 125.3% above the Manufacturing - Apparel & Accessories median (#898 of 1004)

No single metric tells the full story. See the TPE:8443 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shui-Mu International Co Business Description

Address Songjiang Road, 6th Floor, No.168, Zhongshan District, Taipei, TWN
Shui-Mu International Co Ltd is a Taiwan-based shoe retailing company, engaged in the wholesale and retail of shoes and bags. Its primary geographic market is Taiwan.
68GF Score

Get the complete analysis for TPE:8443

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

NT$11.35
Price
NT$11.16
GF Value