Etron Technology (ROCO:5351) Inventory Turnover: 0.61 (As of Mar. 2026)

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ROCO:5351 Etron Technology Inc ROCO:5351
46 GF Score
Price NT$72.70
GF Value NT$72.83
Valuation Fairly Valued
! 1 Warning Sign
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What is Etron Technology Inventory Turnover?

Etron Technology ROCO:5351 +9.98% 46 Inventory Turnover is 0.61 as of Mar. 2026. GuruFocus rates ROCO:5351 with a GF Score™ of 46/100 and a GF Value™ of NT$72.83 (Fairly Valued). The stock has 1 warning sign 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. Etron Technology's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$1,733 Mil. Etron Technology's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$2,843 Mil. Etron Technology's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Etron Technology's Days Inventory for the three months ended in Mar. 2026 was 149.69.

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. Etron Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.04.


Etron Technology  (ROCO:5351) 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.

Etron Technology'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
=2842.7695/1732.947*365 / 4
=149.69

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.

Etron Technology'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 )
=2842.7695 / 2735.412
=1.04

* 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.


Etron Technology Inventory Turnover Related Terms


Etron Technology Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Etron Technology'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.

Etron Technology Inventory Turnover Chart

Etron Technology 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 2.33 1.29 0.86 1.14 1.31

Etron Technology 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 0.22 0.26 0.36 0.47 0.61
ROCO:5351
46GF Score
Etron Technology Inc ROCO:5351
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Etron Technology Inventory Turnover Calculation

Etron Technology'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 )
=3418.415 / ((2536.856 + 2701.709) / 2 )
=3418.415 / 2619.2825
=1.31

Etron Technology'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 )
=1732.947 / ((2701.709 + 2983.83) / 2 )
=1732.947 / 2842.7695
=0.61

* 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 0.61 mean?
Etron Technology (ROCO:5351) has a Inventory Turnover of 0.61 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Etron Technology and its competitors.
Is Etron Technology's Inventory Turnover too high?
Etron Technology's current Inventory Turnover is 0.61. Overall, Etron Technology has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Etron Technology's Inventory Turnover compare to NVDA and AVGO?
Etron Technology's Inventory Turnover of 0.61 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 Etron Technology and its competitors. Etron Technology's current Inventory Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etron Technology stock overvalued right now?
Based on GuruFocus' analysis, Etron Technology (ROCO:5351) is currently considered Fairly Valued. The stock's GF Value™ is NT$72.83, compared to a current price of NT$72.70 — trading 0.2% below its estimated fair value. The current Inventory Turnover is 0.61. Etron Technology's overall GF Score™ is 46/100 with 1 warning sign 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 Etron Technology (ROCO:5351), the current Inventory Turnover is 0.61 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 Etron Technology (ROCO:5351) Overvalued in 2026?

Based on GuruFocus' analysis, Etron Technology stock appears to be undervalued. The current stock price of NT$72.70 is trading 0.2% below its estimated GF Value™ of NT$72.83. GuruFocus considers Etron Technology to be Fairly Valued.

Key valuation signals for ROCO:5351:

  • Inventory Turnover: 0.61
  • GF Value™: NT$72.83 vs. price of NT$72.70 (0.2% below fair value)
  • GF Score™: 46/100 with 1 warning sign

No single metric tells the full story. See the ROCO:5351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Etron Technology Business Description

Address No. 6 Technology Road 5, Hsinchu Science Park, Hsinchu, TWN, 30078
Etron Technology Inc is engaged in the manufacturing and design of various integrated circuits. The Company is mainly engaged in the design, manufacturing, and sale of niche memory chips. Its product portfolio consists of Memory ICs, which include Commercial DRAM, Industrial DRAM, Automotive DRAM, Known Good Die, DRAM, and Flash; and Logic ICs, which include USB and 3D Sensing. Geographically, the company operates in Taiwan, Asia, and other countries. The majority of its revenue is generated from the Asia region.
46GF Score

Get the complete analysis for ROCO:5351

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

NT$72.70
Price
NT$72.83
GF Value