TMP Steel (ROCO:6248) Inventory Turnover: 1.94 (As of Mar. 2026)

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ROCO:6248 TMP Steel Corp ROCO:6248
76 GF Score
Price NT$17.30
GF Value NT$17.73
Valuation Fairly Valued
! 7 Warning Signs
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What is TMP Steel Inventory Turnover?

TMP Steel ROCO:6248 +0.58% 76 Inventory Turnover is 1.94 as of Mar. 2026. GuruFocus rates ROCO:6248 with a GF Score™ of 76/100 and a GF Value™ of NT$17.73 (Fairly Valued). The stock has 7 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. TMP Steel's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$1,425 Mil. TMP Steel's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$733 Mil. TMP Steel's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TMP Steel's Days Inventory for the three months ended in Mar. 2026 was 46.93.

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. TMP Steel's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.48.

TMP Steel  (ROCO:6248) 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.

TMP Steel'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
=733.0115/1425.149*365 / 4
=46.93

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.

TMP Steel'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 )
=733.0115 / 1513.648
=0.48

* 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.

TMP Steel Inventory Turnover Related Terms

TMP Steel Inventory Turnover Historical Data

* Premium members only.

The historical data trend for TMP Steel'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.

TMP Steel Inventory Turnover Chart

TMP Steel 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 21.85 29.35 15.74 10.00 8.32

TMP Steel 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 1.60 1.66 1.63 2.08 1.94
ROCO:6248
76GF Score
TMP Steel Corp ROCO:6248
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TMP Steel Inventory Turnover Calculation

TMP Steel'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 )
=7242.252 / ((1011.657 + 729.392) / 2 )
=7242.252 / 870.5245
=8.32

TMP Steel'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 )
=1425.149 / ((729.392 + 736.631) / 2 )
=1425.149 / 733.0115
=1.94

* 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 1.94 mean?
TMP Steel (ROCO:6248) has a Inventory Turnover of 1.94 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on TMP Steel and its competitors.
Is TMP Steel's Inventory Turnover too high?
TMP Steel's current Inventory Turnover is 1.94. Overall, TMP Steel has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TMP Steel's Inventory Turnover compare to NUE and STLD?
TMP Steel's Inventory Turnover of 1.94 can be compared against companies in the Steel 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 Steel company?
A good Inventory Turnover depends on the Steel 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 TMP Steel and its competitors. TMP Steel's current Inventory Turnover is 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMP Steel stock overvalued right now?
Based on GuruFocus' analysis, TMP Steel (ROCO:6248) is currently considered Fairly Valued. The stock's GF Value™ is NT$17.73, compared to a current price of NT$17.30 — trading 2.4% below its estimated fair value. The current Inventory Turnover is 1.94. TMP Steel's overall GF Score™ is 76/100 with 7 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 TMP Steel (ROCO:6248), the current Inventory Turnover is 1.94 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 TMP Steel (ROCO:6248) Overvalued in 2026?

Based on GuruFocus' analysis, TMP Steel stock appears to be undervalued. The current stock price of NT$17.30 is trading 2.4% below its estimated GF Value™ of NT$17.73. GuruFocus considers TMP Steel to be Fairly Valued.

Key valuation signals for ROCO:6248:

  • Inventory Turnover: 1.94
  • GF Value™: NT$17.73 vs. price of NT$17.30 (2.4% below fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the ROCO:6248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TMP Steel Business Description

Address No. 3, Jingjian 11th Road, Lukang Township, Changhua, TWN, 505029
TMP Steel Corp is a Taiwan-based company engaged in offering steel products. It is engaged in the wholesale of hardware and building materials and the manufacture and sale of its components. The company provides steel bars and reinforcement processing solutions to customers. Geographically, the company operates and derives revenue only from Taiwan.
76GF Score

Get the complete analysis for ROCO:6248

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

NT$17.30
Price
NT$17.73
GF Value