Asix Electronics (ROCO:3169) Inventory Turnover: 1.28 (As of Mar. 2026)

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ROCO:3169 Asix Electronics Corp Ltd ROCO:3169
71 GF Score
Price NT$102.00
GF Value NT$99.01
Valuation Fairly Valued
! 4 Warning Signs
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What is Asix Electronics Inventory Turnover?

Asix Electronics ROCO:3169 -0.97% 71 Inventory Turnover is 1.28 as of Mar. 2026. GuruFocus rates ROCO:3169 with a GF Score™ of 71/100 and a GF Value™ of NT$99.01 (Fairly Valued). 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. Asix Electronics's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$110.8 Mil. Asix Electronics's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$86.5 Mil. Asix Electronics's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asix Electronics's Days Inventory for the three months ended in Mar. 2026 was 71.26.

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. Asix Electronics's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.36.


Asix Electronics  (ROCO:3169) 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.

Asix Electronics'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
=86.5365/110.814*365 / 4
=71.26

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.

Asix Electronics'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 )
=86.5365 / 241.956
=0.36

* 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.


Asix Electronics Inventory Turnover Related Terms


Asix Electronics Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Asix Electronics'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.

Asix Electronics Inventory Turnover Chart

Asix Electronics 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 5.16 3.04 2.48 4.81 6.06

Asix Electronics 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 1.94 2.08 1.59 1.23 1.28
ROCO:3169
71GF Score
Asix Electronics Corp Ltd ROCO:3169
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Asix Electronics Inventory Turnover Calculation

Asix Electronics'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 )
=434.732 / ((60.361 + 83.047) / 2 )
=434.732 / 71.704
=6.06

Asix Electronics'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 )
=110.814 / ((83.047 + 90.026) / 2 )
=110.814 / 86.5365
=1.28

* 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 1.28 mean?
Asix Electronics (ROCO:3169) has a Inventory Turnover of 1.28 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Asix Electronics and its competitors.
Is Asix Electronics' Inventory Turnover too high?
Asix Electronics' current Inventory Turnover is 1.28. Overall, Asix Electronics has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asix Electronics' Inventory Turnover compare to NVDA and AVGO?
Asix Electronics' Inventory Turnover of 1.28 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 Asix Electronics and its competitors. Asix Electronics's current Inventory Turnover is 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asix Electronics stock overvalued right now?
Based on GuruFocus' analysis, Asix Electronics (ROCO:3169) is currently considered Fairly Valued. The stock's GF Value™ is NT$99.01, compared to a current price of NT$102.00 — trading 3% above its estimated fair value. The current Inventory Turnover is 1.28. Asix Electronics' overall GF Score™ is 71/100 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 Asix Electronics (ROCO:3169), the current Inventory Turnover is 1.28 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 Asix Electronics (ROCO:3169) Overvalued in 2026?

Based on GuruFocus' analysis, Asix Electronics stock appears to be overvalued. The current stock price of NT$102.00 is trading 3% above its estimated GF Value™ of NT$99.01. GuruFocus considers Asix Electronics to be Fairly Valued.

Key valuation signals for ROCO:3169:

  • Inventory Turnover: 1.28
  • GF Value™: NT$99.01 vs. price of NT$102.00 (3% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the ROCO:3169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asix Electronics Business Description

Address No. 8, Hsin Ann Road, 4th Floor, Hsinchu Science Park, Hsinchu, TWN, 30078
Asix Electronics Corp Ltd is engaged in the research, development, manufacture and sale of communication and mixed-signal receiving and processing chips, multimedia graphics IC and graphics boards, asynchronous transmission mode chips, interface transmission chips, display driver chips and white light emitting diode driver chips. Geographically, the company generates the majority of its revenue from Taiwan and the rest from China and other regions.
71GF Score

Get the complete analysis for ROCO:3169

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

NT$102.00
Price
NT$99.01
GF Value