First Hi-Tec Co (ROCO:5439) Inventory Turnover: 1.43 (As of Mar. 2026)

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ROCO:5439 First Hi-Tec Co Ltd ROCO:5439
87 GF Score
Price NT$195.50
GF Value NT$301.33
Valuation Significantly Undervalued
! 4 Warning Signs
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What is First Hi-Tec Co Inventory Turnover?

First Hi-Tec Co ROCO:5439 -7.78% 87 Inventory Turnover is 1.43 as of Mar. 2026. GuruFocus rates ROCO:5439 with a GF Score™ of 87/100 and a GF Value™ of NT$301.33 (Significantly Undervalued). 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. First Hi-Tec Co's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$2,022 Mil. First Hi-Tec Co's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$1,412 Mil. First Hi-Tec Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. First Hi-Tec Co's Days Inventory for the three months ended in Mar. 2026 was 63.71.

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. First Hi-Tec Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.56.


First Hi-Tec Co  (ROCO:5439) 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.

First Hi-Tec Co'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
=1411.641/2021.831*365 / 4
=63.71

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.

First Hi-Tec Co'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 )
=1411.641 / 2537.737
=0.56

* 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.


First Hi-Tec Co Inventory Turnover Related Terms


First Hi-Tec Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for First Hi-Tec 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.

First Hi-Tec Co Inventory Turnover Chart

First Hi-Tec 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 4.18 3.21 4.07 3.40 6.10

First Hi-Tec Co 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 1.04 1.27 1.33 1.43
ROCO:5439
87GF Score
First Hi-Tec Co Ltd ROCO:5439
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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First Hi-Tec Co Inventory Turnover Calculation

First Hi-Tec 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 )
=7465.616 / ((1169.254 + 1278.072) / 2 )
=7465.616 / 1223.663
=6.10

First Hi-Tec Co'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 )
=2021.831 / ((1278.072 + 1545.21) / 2 )
=2021.831 / 1411.641
=1.43

* 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 1.43 mean?
First Hi-Tec Co (ROCO:5439) has a Inventory Turnover of 1.43 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on First Hi-Tec Co and its competitors.
Is First Hi-Tec Co's Inventory Turnover too high?
First Hi-Tec Co's current Inventory Turnover is 1.43. Overall, First Hi-Tec Co has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Hi-Tec Co's Inventory Turnover compare to APH and GLW?
First Hi-Tec Co's Inventory Turnover of 1.43 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 First Hi-Tec Co and its competitors. First Hi-Tec Co's current Inventory Turnover is 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hi-Tec Co stock overvalued right now?
Based on GuruFocus' analysis, First Hi-Tec Co (ROCO:5439) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$301.33, compared to a current price of NT$195.50 — trading 35.1% below its estimated fair value. The current Inventory Turnover is 1.43. First Hi-Tec Co's overall GF Score™ is 87/100 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 First Hi-Tec Co (ROCO:5439), the current Inventory Turnover is 1.43 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 First Hi-Tec Co (ROCO:5439) Overvalued in 2026?

Based on GuruFocus' analysis, First Hi-Tec Co stock appears to be undervalued. The current stock price of NT$195.50 is trading 35.1% below its estimated GF Value™ of NT$301.33. GuruFocus considers First Hi-Tec Co to be Significantly Undervalued.

Key valuation signals for ROCO:5439:

  • Inventory Turnover: 1.43
  • GF Value™: NT$301.33 vs. price of NT$195.50 (35.1% below fair value)
  • GF Score™: 87/100 with 4 warning signs

No single metric tells the full story. See the ROCO:5439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Hi-Tec Co Business Description

Address No.3, Lane 43, Xingbang Road, Taoyuan District, Taoyuan City, TWN, 330
First Hi-Tec Co Ltd main business is manufacture and sales of PCB and computer peripherals, etc. The Company is engaged in production and sales of electronic equipment and wholesale of components, etc. The group is only engaged in manufacturing and trading of PCB and computer peripherals, which belong to a single industry, the operating segments and reportable segments are single segment. The company has presence in Taiwan, Asia, and Others. The company generates majority of revenue from Taiwan. The company's products are Automotive, Semiconductor and others, Power Control Modules Robot, Telecom, Layer Counts, Application Type, Capability, and Roadmap.
87GF Score

Get the complete analysis for ROCO:5439

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

NT$195.50
Price
NT$301.33
GF Value