Giga Solar Materials (ROCO:3691) Inventory Turnover: 1.42 (As of Mar. 2026)

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ROCO:3691 Giga Solar Materials Corp ROCO:3691
44 GF Score
Price NT$114.50
GF Value NT$135.93
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Giga Solar Materials Inventory Turnover?

Giga Solar Materials ROCO:3691 +0.44% 44 Inventory Turnover is 1.42 as of Mar. 2026. GuruFocus rates ROCO:3691 with a GF Score™ of 44/100 and a GF Value™ of NT$135.93 (Modestly Undervalued). The stock has 5 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. Giga Solar Materials's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$2,049 Mil. Giga Solar Materials's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$1,438 Mil. Giga Solar Materials's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Giga Solar Materials's Days Inventory for the three months ended in Mar. 2026 was 64.05.

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. Giga Solar Materials's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.57.


Giga Solar Materials  (ROCO:3691) 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.

Giga Solar Materials'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
=1437.8815/2048.554*365 / 4
=64.05

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.

Giga Solar Materials'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 )
=1437.8815 / 2506.7
=0.57

* 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.


Giga Solar Materials Inventory Turnover Related Terms


Giga Solar Materials Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Giga Solar Materials'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.

Giga Solar Materials Inventory Turnover Chart

Giga Solar Materials 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 4.48 4.44 2.71 5.02 4.79

Giga Solar Materials 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 0.78 1.21 1.31 1.81 1.42
ROCO:3691
44GF Score
Giga Solar Materials Corp ROCO:3691
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Giga Solar Materials Inventory Turnover Calculation

Giga Solar Materials'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 )
=5309.134 / ((1159.958 + 1058.358) / 2 )
=5309.134 / 1109.158
=4.79

Giga Solar Materials'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 )
=2048.554 / ((1058.358 + 1817.405) / 2 )
=2048.554 / 1437.8815
=1.42

* 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 1.42 mean?
Giga Solar Materials (ROCO:3691) has a Inventory Turnover of 1.42 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Giga Solar Materials and its competitors.
Is Giga Solar Materials' Inventory Turnover too high?
Giga Solar Materials' current Inventory Turnover is 1.42. Overall, Giga Solar Materials has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Giga Solar Materials' Inventory Turnover compare to FSLR and NXT?
Giga Solar Materials' Inventory Turnover of 1.42 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 Giga Solar Materials and its competitors. Giga Solar Materials's current Inventory Turnover is 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giga Solar Materials stock overvalued right now?
Based on GuruFocus' analysis, Giga Solar Materials (ROCO:3691) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$135.93, compared to a current price of NT$114.50 — trading 15.8% below its estimated fair value. The current Inventory Turnover is 1.42. Giga Solar Materials' overall GF Score™ is 44/100 with 5 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 Giga Solar Materials (ROCO:3691), the current Inventory Turnover is 1.42 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 Giga Solar Materials (ROCO:3691) Overvalued in 2026?

Based on GuruFocus' analysis, Giga Solar Materials stock appears to be undervalued. The current stock price of NT$114.50 is trading 15.8% below its estimated GF Value™ of NT$135.93. GuruFocus considers Giga Solar Materials to be Modestly Undervalued.

Key valuation signals for ROCO:3691:

  • Inventory Turnover: 1.42
  • GF Value™: NT$135.93 vs. price of NT$114.50 (15.8% below fair value)
  • GF Score™: 44/100 with 5 warning signs

No single metric tells the full story. See the ROCO:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Giga Solar Materials Business Description

Address 122-18, Zhonghua Road, Hukou Township, Hsinchu County, Hukou Township, Hsinchu, TWN, 30351
Giga Solar Materials Corp is engaged in the research and development (R&D), manufacturing, and sales of solar conductive plasma. Its product includes Conductive Paste for Photovoltaic Cells, Quality Assurance System for Conductive Paste, Solutions to Solar Energy Cells and Li-ion Battery Materials.
44GF Score

Get the complete analysis for ROCO:3691

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

NT$114.50
Price
NT$135.93
GF Value