Merida Industry CoTPE:9914 67 Days Inventory is 170.02 as of Dec. 2025, which is 103% above its 10-year median of 83.65. GuruFocus rates TPE:9914 with a GF Score™ of 67/100 and a GF Value™ of NT$136.26 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 691 Travel & Leisure companies, Merida Industry Co ranks worse than 78.44% on this metric.
The historical rank and industry rank for Merida Industry Co's Days Inventory or its related term are showing as below:
TPE:9914'
s Days Inventory Range Over the Past 10 Years
Min: 58.64 Med: 83.65 Max: 162.89
Current: 145.09
During the past 13 years, Merida Industry Co's highest Days Inventory was 162.89. The lowest was 58.64. And the median was 83.65.
TPE:9914's Days Inventory is ranked worse than 78.44% of 691
companies
in the Travel & Leisure industry
Industry Median: 30.86
vs TPE:9914: 145.09
Merida Industry Co's Days Inventory
declined
from Dec. 2024 (187.77) to Dec. 2025 (170.02).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Merida Industry Co's Inventory Turnover for the
three
months ended in Dec. 2025 was 0.54.
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.
Merida Industry Co's Inventory-to-Revenue for the
three
months ended in Dec. 2025 was 1.68.
Merida Industry Co (TPE:9914) 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.
Merida Industry 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.
Merida Industry 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.
Merida Industry Co Days Inventory Related Terms
Merida Industry Co Days Inventory Historical Data
* Premium members only.
The historical data trend for Merida Industry 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.
TPE:9914 vs AS, HAS, LTH: Days Inventory Comparison
For the Leisure subindustry, Merida Industry 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.
Merida Industry Co Days Inventory vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Merida Industry Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Merida Industry 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.
Merida Industry Co (TPE:9914) has a Days Inventory of 170.02 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Merida Industry Co and its competitors. This is 103% above median its historical median of 83.65. Over the past decade, Merida Industry Co's Days Inventory has ranged from 58.64 to 162.89. According to the industry distribution chart, Merida Industry Co ranks #542 out of 691 companies in the Travel & Leisure industry, placing it in the top 78.4%.
Is Merida Industry Co's Days Inventory too high?
Merida Industry Co's current Days Inventory of 170.02 is 103% above median its 10-year median of 83.65. Over the past 10 years, this metric has ranged from a low of 58.64 to a high of 162.89. The Travel & Leisure industry median Days Inventory is 30.86. Merida Industry Co's value of 170.02 is 450.9% above this industry median. Based on the distribution chart, Merida Industry Co ranks #542 out of 691 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Merida Industry Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merida Industry Co's Days Inventory compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Merida Industry Co ranks #542 out of 691 companies for Days Inventory. This places Merida Industry Co in the lower half of its industry. The industry median Days Inventory is 30.86. Merida Industry Co's value of 170.02 is 450.9% above this benchmark. Historically, Merida Industry Co's own Days Inventory has ranged from 58.64 to 162.89 over the past decade. While the company's 10-year median is 83.65 vs. the industry median of 30.86, Merida Industry 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 Travel & Leisure company?
The median Days Inventory among Travel & Leisure companies is 30.86, based on 691 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. Merida Industry Co's current Days Inventory of 170.02 is 450.9% 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 Merida Industry Co and its competitors. For the Travel & Leisure industry, the median Days Inventory is 30.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merida Industry Co's current Days Inventory is 170.02, which is 103% above median its own 10-year median of 83.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merida Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Merida Industry Co (TPE:9914) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$136.26, compared to a current price of NT$72.80 — trading 46.6% below its estimated fair value. The current Days Inventory is 170.02, which is 103% above median its 10-year median of 83.65 and 450.9% above the Travel & Leisure industry median of 30.86. Merida Industry Co's overall GF Score™ is 67/100 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 Merida Industry Co (TPE:9914), the current Days Inventory is 170.02 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 Merida Industry Co (TPE:9914) Overvalued in 2026?
Based on GuruFocus' analysis, Merida Industry Co stock appears to be undervalued.
The current stock price of NT$72.80 is trading 46.6% below its estimated GF Value™ of NT$136.26.
GuruFocus considers Merida Industry Co to be Significantly Undervalued.
Key valuation signals for TPE:9914:
Days Inventory: 170.02 (103% above median its 10-year median of 83.65)
GF Value™: NT$136.26 vs. price of NT$72.80 (46.6% below fair value)
Industry Position: 450.9% above the Travel & Leisure median (#542 of 691)
No single metric tells the full story. See the TPE:9914 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merida Industry Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. It distributes bicycles and components both domestically and internationally, and products are largely sold under the Merida brand name.
67GF Score
Get the complete analysis for TPE:9914
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:9914 has been successfully added to your 
