Tang Eng Iron Works Co (ROCO:2035) Inventory Turnover: 0.97 (As of Dec. 2025)

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ROCO:2035 Tang Eng Iron Works Co Ltd ROCO:2035
44 GF Score
Price NT$27.15
GF Value NT$23.73
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Tang Eng Iron Works Co Inventory Turnover?

Tang Eng Iron Works Co ROCO:2035 44 Inventory Turnover is 0.97 as of Dec. 2025. GuruFocus rates ROCO:2035 with a GF Score™ of 44/100 and a GF Value™ of NT$23.73 (Modestly Overvalued). The stock has 7 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. Tang Eng Iron Works Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$2,336 Mil. Tang Eng Iron Works Co's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$2,415 Mil. Tang Eng Iron Works Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tang Eng Iron Works Co's Days Inventory for the three months ended in Dec. 2025 was 94.35.

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. Tang Eng Iron Works Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 1.19.


Tang Eng Iron Works Co  (ROCO:2035) 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.

Tang Eng Iron Works Co's Days Inventory for the three months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=2414.996/2335.665*365 / 4
=94.35

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.

Tang Eng Iron Works Co's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=2414.996 / 2035.922
=1.19

* 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.


Tang Eng Iron Works Co Inventory Turnover Related Terms


Tang Eng Iron Works Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Tang Eng Iron Works 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.

Tang Eng Iron Works Co Inventory Turnover Chart

Tang Eng Iron Works 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 4.83 4.54 5.69 5.10 4.01

Tang Eng Iron Works Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.15 0.87 0.97 1.00 0.97
ROCO:2035
44GF Score
Tang Eng Iron Works Co Ltd ROCO:2035
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tang Eng Iron Works Co Inventory Turnover Calculation

Tang Eng Iron Works 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 )
=10854.717 / ((3104.135 + 2311.426) / 2 )
=10854.717 / 2707.7805
=4.01

Tang Eng Iron Works Co's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=2335.665 / ((2518.566 + 2311.426) / 2 )
=2335.665 / 2414.996
=0.97

* 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 0.97 mean?
Tang Eng Iron Works Co (ROCO:2035) has a Inventory Turnover of 0.97 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tang Eng Iron Works Co and its competitors.
Is Tang Eng Iron Works Co's Inventory Turnover too high?
Tang Eng Iron Works Co's current Inventory Turnover is 0.97. Overall, Tang Eng Iron Works Co has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tang Eng Iron Works Co's Inventory Turnover compare to NUE and STLD?
Tang Eng Iron Works Co's Inventory Turnover of 0.97 can be compared against companies in the Steel 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 Steel company?
A good Inventory Turnover depends on the Steel 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 Tang Eng Iron Works Co and its competitors. Tang Eng Iron Works Co's current Inventory Turnover is 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tang Eng Iron Works Co stock overvalued right now?
Based on GuruFocus' analysis, Tang Eng Iron Works Co (ROCO:2035) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.73, compared to a current price of NT$27.15 — trading 14.4% above its estimated fair value. The current Inventory Turnover is 0.97. Tang Eng Iron Works Co's overall GF Score™ is 44/100 with 7 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 Tang Eng Iron Works Co (ROCO:2035), the current Inventory Turnover is 0.97 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 Tang Eng Iron Works Co (ROCO:2035) Overvalued in 2026?

Based on GuruFocus' analysis, Tang Eng Iron Works Co stock appears to be overvalued. The current stock price of NT$27.15 is trading 14.4% above its estimated GF Value™ of NT$23.73. GuruFocus considers Tang Eng Iron Works Co to be Modestly Overvalued.

Key valuation signals for ROCO:2035:

  • Inventory Turnover: 0.97
  • GF Value™: NT$23.73 vs. price of NT$27.15 (14.4% above fair value)
  • GF Score™: 44/100 with 7 warning signs

No single metric tells the full story. See the ROCO:2035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tang Eng Iron Works Co Business Description

Address No.4 Yanhai 2nd Road, Xiaogang District, Hsiao Kang, Kaohsiung, TWN, 81260
Tang Eng Iron Works Co Ltd is engaged in the manufacture and trading of stainless steel products. Its products include Anti-bacterial Stainless-Steel Coils and Products; Crimped Steel Board; Anti-bacterial Stainless-Steel Products; Duplex Stainless Steel; and Precipitation Hardening Stainless Steel. The company has only one reportable segment: the stainless steel segment that mainly manufactures and trades stainless steel products.
44GF Score

Get the complete analysis for ROCO:2035

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

NT$27.15
Price
NT$23.73
GF Value