Browave (ROCO:3163) Inventory Turnover: 1.24 (As of Mar. 2026)

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ROCO:3163 Browave Corp ROCO:3163
57 GF Score
Price NT$544.00
GF Value NT$119.61
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Browave Inventory Turnover?

Browave ROCO:3163 +9.90% 57 Inventory Turnover is 1.24 as of Mar. 2026. GuruFocus rates ROCO:3163 with a GF Score™ of 57/100 and a GF Value™ of NT$119.61 (Significantly Overvalued). The stock has 4 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. Browave's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$532 Mil. Browave's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$429 Mil. Browave's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Browave's Days Inventory for the three months ended in Mar. 2026 was 73.60.

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. Browave's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.65.

Browave  (ROCO:3163) 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.

Browave'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
=429.3795/532.385*365 / 4
=73.60

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.

Browave'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 )
=429.3795 / 656.095
=0.65

* 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.

Browave Inventory Turnover Related Terms

Browave Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Browave'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.

Browave Inventory Turnover Chart

Browave 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 6.99 8.19 7.93 5.77 5.17

Browave 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 1.34 1.35 1.33 1.38 1.24
ROCO:3163
57GF Score
Browave Corp ROCO:3163
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Browave Inventory Turnover Calculation

Browave'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 )
=1823.534 / ((304.939 + 400.554) / 2 )
=1823.534 / 352.7465
=5.17

Browave'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 )
=532.385 / ((400.554 + 458.205) / 2 )
=532.385 / 429.3795
=1.24

* 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 1.24 mean?
Browave (ROCO:3163) has a Inventory Turnover of 1.24 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Browave and its competitors.
Is Browave's Inventory Turnover too high?
Browave's current Inventory Turnover is 1.24. Overall, Browave has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Browave's Inventory Turnover compare to CSCO and MSI?
Browave's Inventory Turnover of 1.24 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 Browave and its competitors. Browave's current Inventory Turnover is 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Browave stock overvalued right now?
Based on GuruFocus' analysis, Browave (ROCO:3163) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$119.61, compared to a current price of NT$544.00 — trading 354.8% above its estimated fair value. The current Inventory Turnover is 1.24. Browave's overall GF Score™ is 57/100 with 4 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 Browave (ROCO:3163), the current Inventory Turnover is 1.24 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 Browave (ROCO:3163) Overvalued in 2026?

Based on GuruFocus' analysis, Browave stock appears to be overvalued. The current stock price of NT$544.00 is trading 354.8% above its estimated GF Value™ of NT$119.61. GuruFocus considers Browave to be Significantly Overvalued.

Key valuation signals for ROCO:3163:

  • Inventory Turnover: 1.24
  • GF Value™: NT$119.61 vs. price of NT$544.00 (354.8% above fair value)
  • GF Score™: 57/100 with 4 warning signs

No single metric tells the full story. See the ROCO:3163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Browave Business Description

Address No.30, Industry East Road IX, 3rd Floor, Hsinchu Science Park, Hsinchu County, Hsinchu, TWN, 30075
Browave Corp is mainly engaged in the design, production, and sales of optical fiber communication components. Its products include Modules, Components, MPO/MTP Cable, and Optical parts.
57GF Score

Get the complete analysis for ROCO:3163

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

NT$544.00
Price
NT$119.61
GF Value