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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. Taiwan Wax Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was NT$16.44 Mil. Taiwan Wax Co's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$10.31 Mil.
Taiwan Wax Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.59.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Taiwan Wax Co's Days Inventory for the
three
months ended in Mar. 2026 was 57.23.
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.
Taiwan Wax Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.58.
Taiwan Wax Co (ROCO:1742) 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.
Taiwan Wax Co's Days Inventory for the
three
months ended in Mar. 2026 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.
Taiwan Wax Co's Inventory to Revenue for the quarter that ended in Mar. 2026 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
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.
Taiwan Wax Co Inventory Turnover Related Terms
Taiwan Wax Co Inventory Turnover Historical Data
* Premium members only.
The historical data trend for Taiwan Wax 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.
* 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.
Taiwan Wax Co (ROCO:1742) has a Inventory Turnover of 1.59 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Taiwan Wax Co and its competitors.
Is Taiwan Wax Co's Inventory Turnover too high?
Taiwan Wax Co's current Inventory Turnover is 1.59. Overall, Taiwan Wax Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Wax Co's Inventory Turnover compare to LIN and SHW?
Taiwan Wax Co's Inventory Turnover of 1.59 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Taiwan Wax Co and its competitors. Taiwan Wax Co's current Inventory Turnover is 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Wax Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Wax Co (ROCO:1742) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$4.97, compared to a current price of NT$17.80 — trading 258.1% above its estimated fair value. The current Inventory Turnover is 1.59. Taiwan Wax Co's overall GF Score™ is 50/100 with 6 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 Taiwan Wax Co (ROCO:1742), the current Inventory Turnover is 1.59 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 Taiwan Wax Co (ROCO:1742) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Wax Co stock appears to be overvalued.
The current stock price of NT$17.80 is trading 258.1% above its estimated GF Value™ of NT$4.97.
GuruFocus considers Taiwan Wax Co to be Significantly Overvalued.
Key valuation signals for ROCO:1742:
Inventory Turnover: 1.59
GF Value™: NT$4.97 vs. price of NT$17.80 (258.1% above fair value)
No single metric tells the full story. See the ROCO:1742 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Wax Co Ltd is engaged in manufacturing, trading, importing, and exporting various wax raw materials and finished products, trading optoelectronic equipment, trading aquatic products, and providing brokerage services. The company derives revenue from sales of merchandise derived from sales of aquatic products, optoelectronic equipment, and various finished wax products.
50GF Score
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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