Morn Sun Feed Mill Co (ROCO:1240) Inventory Turnover: 2.59 (As of Mar. 2026)

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ROCO:1240 Morn Sun Feed Mill Co Ltd ROCO:1240
84 GF Score
Price NT$53.60
GF Value NT$43.72
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Morn Sun Feed Mill Co Inventory Turnover?

Morn Sun Feed Mill Co ROCO:1240 -1.47% 84 Inventory Turnover is 2.59 as of Mar. 2026. GuruFocus rates ROCO:1240 with a GF Score™ of 84/100 and a GF Value™ of NT$43.72 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Morn Sun Feed Mill Co's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$607 Mil. Morn Sun Feed Mill Co's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$234 Mil. Morn Sun Feed Mill Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Morn Sun Feed Mill Co's Days Inventory for the three months ended in Mar. 2026 was 35.18.

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. Morn Sun Feed Mill Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.34.


Morn Sun Feed Mill Co  (ROCO:1240) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Morn Sun Feed Mill Co's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=233.9915/606.979*365 / 4
=35.18

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.

Morn Sun Feed Mill Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=233.9915 / 689.952
=0.34

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Morn Sun Feed Mill Co Inventory Turnover Related Terms


Morn Sun Feed Mill Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Morn Sun Feed Mill Co's Inventory Turnover 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.

Morn Sun Feed Mill Co Inventory Turnover Chart

Morn Sun Feed Mill Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.65 8.80 7.59 9.26 9.80

Morn Sun Feed Mill Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 2.38 2.29 2.37 2.45 2.59
ROCO:1240
84GF Score
Morn Sun Feed Mill Co Ltd ROCO:1240
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Morn Sun Feed Mill Co Inventory Turnover Calculation

Morn Sun Feed Mill Co's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=2420.336 / ((255.414 + 238.651) / 2 )
=2420.336 / 247.0325
=9.80

Morn Sun Feed Mill Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=606.979 / ((238.651 + 229.332) / 2 )
=606.979 / 233.9915
=2.59

* 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 Inventory Turnover →
What does a Inventory Turnover of 2.59 mean?
Morn Sun Feed Mill Co (ROCO:1240) has a Inventory Turnover of 2.59 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Morn Sun Feed Mill Co and its competitors.
Is Morn Sun Feed Mill Co's Inventory Turnover too high?
Morn Sun Feed Mill Co's current Inventory Turnover is 2.59. Overall, Morn Sun Feed Mill Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Morn Sun Feed Mill Co's Inventory Turnover compare to ADM and BG?
Morn Sun Feed Mill Co's Inventory Turnover of 2.59 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Morn Sun Feed Mill Co and its competitors. Morn Sun Feed Mill Co's current Inventory Turnover is 2.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morn Sun Feed Mill Co stock overvalued right now?
Based on GuruFocus' analysis, Morn Sun Feed Mill Co (ROCO:1240) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$43.72, compared to a current price of NT$53.60 — trading 22.6% above its estimated fair value. The current Inventory Turnover is 2.59. Morn Sun Feed Mill Co's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Morn Sun Feed Mill Co (ROCO:1240), the current Inventory Turnover is 2.59 as of Mar. 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 Morn Sun Feed Mill Co (ROCO:1240) Overvalued in 2026?

Based on GuruFocus' analysis, Morn Sun Feed Mill Co stock appears to be overvalued. The current stock price of NT$53.60 is trading 22.6% above its estimated GF Value™ of NT$43.72. GuruFocus considers Morn Sun Feed Mill Co to be Modestly Overvalued.

Key valuation signals for ROCO:1240:

  • Inventory Turnover: 2.59
  • GF Value™: NT$43.72 vs. price of NT$53.60 (22.6% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the ROCO:1240 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Morn Sun Feed Mill Co Business Description

Address No. 30, Heping West Road, 2nd Floor, Section 1, Zhongzheng District, Taipei, TWN
Morn Sun Feed Mill Co Ltd is engaged in the manufacture and processing and the sale of feed and raw materials trading of rice shells, flour, soybeans, barley and wheat and assorted grains, and feeding of domestic livestock and poultry, etc. Reportable segments of the Group are the Feed Segment, Egg Product Segment, Breeding Segment and other segments. The company generates maximum of its revenue from the Feed Segment. It also generates revenue from warehouse rental income and sales of breeding pigs.
84GF Score

Get the complete analysis for ROCO:1240

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

NT$53.60
Price
NT$43.72
GF Value