e Ray Technology Co (ROCO:7932) Inventory Turnover: 1.21 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:7932 e Ray Technology Co Ltd ROCO:7932
14 GF Score
Price NT$465.00
! 1 Warning Sign
View Full Analysis

What is e Ray Technology Co Inventory Turnover?

e Ray Technology Co ROCO:7932 -7.55% 14 Inventory Turnover is 1.21 as of Jun. 2026. GuruFocus rates ROCO:7932 with a GF Score™ of 14/100. 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. e Ray Technology Co's Cost of Goods Sold for the six months ended in Jun. 2026 was NT$346.58 Mil. e Ray Technology Co's Average Total Inventories for the quarter that ended in Jun. 2026 was NT$361.01 Mil. e Ray Technology Co's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. e Ray Technology Co's Days Inventory for the six months ended in Jun. 2026 was 190.10.

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. e Ray Technology Co's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.78.

e Ray Technology Co  (ROCO:7932) 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.

e Ray Technology Co's Days Inventory for the six months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=361.009/346.584*365 / 2
=190.10

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.

e Ray Technology Co's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=361.009 / 463.358
=0.78

* 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.

e Ray Technology Co Inventory Turnover Related Terms

e Ray Technology Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for e Ray Technology 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.

e Ray Technology Co Inventory Turnover Chart

e Ray Technology Co Annual Data
Trend
Inventory Turnover

e Ray Technology Co Semi-Annual Data
Jun26
Inventory Turnover 1.21
ROCO:7932
14GF Score
e Ray Technology Co Ltd ROCO:7932
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

e Ray Technology Co Inventory Turnover Calculation

e Ray Technology Co's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

Inventory Turnover (A: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: . 20 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

e Ray Technology Co's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: . 20 ) + Total Inventories (Q: Jun. 2026 )) / count )
=346.584 / (( + 361.009) / 1 )
=346.584 / 361.009
=0.96

* 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 1.21 mean?
e Ray Technology Co (ROCO:7932) has a Inventory Turnover of 1.21 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on e Ray Technology Co and its competitors.
Is e Ray Technology Co's Inventory Turnover too high?
e Ray Technology Co's current Inventory Turnover is 1.21. Overall, e Ray Technology Co has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does e Ray Technology Co's Inventory Turnover compare to ?
e Ray Technology Co's Inventory Turnover of 1.21 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 e Ray Technology Co and its competitors. e Ray Technology Co's current Inventory Turnover is 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is e Ray Technology Co stock overvalued right now?
e Ray Technology Co (ROCO:7932) has a current Inventory Turnover of 1.21. The current Inventory Turnover is 1.21. e Ray Technology Co's overall GF Score™ is 14/100 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 e Ray Technology Co (ROCO:7932), the current Inventory Turnover is 1.21 as of Jun. 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.

e Ray Technology Co Business Description

Comparable Companies
Address Andong Road, 5th Floor, No. 5, Zhongli District, Taoyuan, TWN, 320
e Ray Technology Co Ltd specializing in the synthesis and purification of specialty materials, it provide the highest quality chemical material solutions for the semiconductor and PCB industries. The group built comprehensive R&D and mass production capabilities around the development of organic light-emitting diode (OLED) materials. It has focused on high-end electronic material resins and semiconductor packaging materials, providing diversified products and integrated services with robust technology and quality management to help customers enhance their market competitiveness. Its Products and Technologies are Advanced Semiconductor Process Materials, CCL Specialty Chemicals, and High-efficiency organometallic catalysts.
14GF Score

Get the complete analysis for ROCO:7932

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

NT$465.00
Price