Tainan Spinning Co (TPE:1440) Inventory Turnover: 0.93 (As of Dec. 2025)

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.

TPE:1440 Tainan Spinning Co Ltd TPE:1440
59 GF Score
Price NT$13.40
GF Value NT$10.81
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Tainan Spinning Co Inventory Turnover?

Tainan Spinning Co TPE:1440 -0.37% 59 Inventory Turnover is 0.93 as of Dec. 2025. GuruFocus rates TPE:1440 with a GF Score™ of 59/100 and a GF Value™ of NT$10.81 (Modestly Overvalued). The stock has 5 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. Tainan Spinning Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$3,033 Mil. Tainan Spinning Co's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$3,274 Mil. Tainan Spinning Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tainan Spinning Co's Days Inventory for the three months ended in Dec. 2025 was 98.50.

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. Tainan Spinning Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 1.00.

Tainan Spinning Co  (TPE:1440) 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.

Tainan Spinning Co's Days Inventory for the three months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=3273.774/3032.815*365 / 4
=98.50

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.

Tainan Spinning Co's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=3273.774 / 3276.837
=1.00

* 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.

Tainan Spinning Co Inventory Turnover Related Terms

Tainan Spinning Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Tainan Spinning 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.

Tainan Spinning Co Inventory Turnover Chart

Tainan Spinning 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 3.56 3.38 3.23 3.01 3.20

Tainan Spinning Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.74 0.84 0.85 0.87 0.93
TPE:1440
59GF Score
Tainan Spinning Co Ltd TPE:1440
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tainan Spinning Co Inventory Turnover Calculation

Tainan Spinning 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 )
=13365.274 / ((5101.454 + 3248.468) / 2 )
=13365.274 / 4174.961
=3.20

Tainan Spinning Co's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=3032.815 / ((3299.08 + 3248.468) / 2 )
=3032.815 / 3273.774
=0.93

* 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 0.93 mean?
Tainan Spinning Co (TPE:1440) has a Inventory Turnover of 0.93 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tainan Spinning Co and its competitors.
Is Tainan Spinning Co's Inventory Turnover too high?
Tainan Spinning Co's current Inventory Turnover is 0.93. Overall, Tainan Spinning Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tainan Spinning Co's Inventory Turnover compare to competitors?
Tainan Spinning Co's Inventory Turnover of 0.93 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Inventory Turnover depends on the Manufacturing - Apparel & Accessories 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 Tainan Spinning Co and its competitors. Tainan Spinning Co's current Inventory Turnover is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainan Spinning Co stock overvalued right now?
Based on GuruFocus' analysis, Tainan Spinning Co (TPE:1440) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$10.81, compared to a current price of NT$13.40 — trading 24% above its estimated fair value. The current Inventory Turnover is 0.93. Tainan Spinning Co's overall GF Score™ is 59/100 with 5 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 Tainan Spinning Co (TPE:1440), the current Inventory Turnover is 0.93 as of Dec. 2025. 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 Tainan Spinning Co (TPE:1440) Overvalued in 2026?

Based on GuruFocus' analysis, Tainan Spinning Co stock appears to be overvalued. The current stock price of NT$13.40 is trading 24% above its estimated GF Value™ of NT$10.81. GuruFocus considers Tainan Spinning Co to be Modestly Overvalued.

Key valuation signals for TPE:1440:

  • Inventory Turnover: 0.93
  • GF Value™: NT$10.81 vs. price of NT$13.40 (24% above fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the TPE:1440 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tainan Spinning Co Business Description

Address No. 398, Zhonghua East Road, 10th Floor, Section 1, East District, Tainan, TWN, 701
Tainan Spinning Co Ltd is a Taiwan-based company that is principally engaged in manufacturing, processing, sale of textile products, woven textile products and synthetic fiber materials, construction of public housing, and the rental and sale of commercial property. The company's products include yarn, polyester, polyester filament, pet granules (spinning), processed yarn, and others. The company also operates a real estate business. The company generates the majority of its total revenue from textile products.
59GF Score

Get the complete analysis for TPE:1440

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

NT$13.40
Price
NT$10.81
GF Value