Co-Tech Development (ROCO:8358) Inventory Turnover: 1.62 (As of Mar. 2026)

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ROCO:8358 Co-Tech Development Corp ROCO:8358
75 GF Score
Price NT$367.00
GF Value NT$96.58
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Co-Tech Development Inventory Turnover?

Co-Tech Development ROCO:8358 -9.72% 75 Inventory Turnover is 1.62 as of Mar. 2026. GuruFocus rates ROCO:8358 with a GF Score™ of 75/100 and a GF Value™ of NT$96.58 (Significantly Overvalued). The stock has 2 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. Co-Tech Development's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$1,805 Mil. Co-Tech Development's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$1,117 Mil. Co-Tech Development's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Co-Tech Development's Days Inventory for the three months ended in Mar. 2026 was 56.49.

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. Co-Tech Development's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.44.


Co-Tech Development  (ROCO:8358) 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.

Co-Tech Development'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
=1117.4645/1805.002*365 / 4
=56.49

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.

Co-Tech Development'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 )
=1117.4645 / 2532.02
=0.44

* 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.


Co-Tech Development Inventory Turnover Related Terms


Co-Tech Development Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Co-Tech Development'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.

Co-Tech Development Inventory Turnover Chart

Co-Tech Development 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 10.79 8.37 7.69 7.73 7.44

Co-Tech Development 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 1.80 1.97 1.88 1.80 1.62
ROCO:8358
75GF Score
Co-Tech Development Corp ROCO:8358
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Co-Tech Development Inventory Turnover Calculation

Co-Tech Development'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 )
=6164.99 / ((715.155 + 941.086) / 2 )
=6164.99 / 828.1205
=7.44

Co-Tech Development'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 )
=1805.002 / ((941.086 + 1293.843) / 2 )
=1805.002 / 1117.4645
=1.62

* 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 1.62 mean?
Co-Tech Development (ROCO:8358) has a Inventory Turnover of 1.62 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Co-Tech Development and its competitors.
Is Co-Tech Development's Inventory Turnover too high?
Co-Tech Development's current Inventory Turnover is 1.62. Overall, Co-Tech Development has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Co-Tech Development's Inventory Turnover compare to APH and GLW?
Co-Tech Development's Inventory Turnover of 1.62 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 Co-Tech Development and its competitors. Co-Tech Development's current Inventory Turnover is 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Co-Tech Development stock overvalued right now?
Based on GuruFocus' analysis, Co-Tech Development (ROCO:8358) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$96.58, compared to a current price of NT$367.00 — trading 280% above its estimated fair value. The current Inventory Turnover is 1.62. Co-Tech Development's overall GF Score™ is 75/100 with 2 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 Co-Tech Development (ROCO:8358), the current Inventory Turnover is 1.62 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 Co-Tech Development (ROCO:8358) Overvalued in 2026?

Based on GuruFocus' analysis, Co-Tech Development stock appears to be overvalued. The current stock price of NT$367.00 is trading 280% above its estimated GF Value™ of NT$96.58. GuruFocus considers Co-Tech Development to be Significantly Overvalued.

Key valuation signals for ROCO:8358:

  • Inventory Turnover: 1.62
  • GF Value™: NT$96.58 vs. price of NT$367.00 (280% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the ROCO:8358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Co-Tech Development Business Description

Address No. 392, Ruiguang Road, 18th Floor, Neihu District, Taipei, TWN, 114
Co-Tech Development Corp manufactures and sells standard, low profile and high-performance series of copper foil products to supply the printed circuit board industry. Its products include IT, 3C Products HDI, LED car lighting module, Server, Switch, Storage, Rigid-Flex PCB, Touch module, 3D face recognition, Automotive market, 5G Antenna Radar, ADAS, HDI / Rigid-Flex Board, Touch module, Wearable devices / VR, Augmented Reality, Mobile terminal, 3D face recognition, Communication module. The group has only copper foil segment operating in two principal geographical areas - Taiwan and China.
75GF Score

Get the complete analysis for ROCO:8358

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

NT$367.00
Price
NT$96.58
GF Value