Goodway Machine (TPE:1583) Inventory Turnover: 0.23 (As of Dec. 2025)

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TPE:1583 Goodway Machine Corp TPE:1583
60 GF Score
Price NT$48.70
GF Value NT$44.71
Valuation Fairly Valued
! 3 Warning Signs
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What is Goodway Machine Inventory Turnover?

Goodway Machine TPE:1583 -0.71% 60 Inventory Turnover is 0.23 as of Dec. 2025. GuruFocus rates TPE:1583 with a GF Score™ of 60/100 and a GF Value™ of NT$44.71 (Fairly Valued). The stock has 3 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. Goodway Machine's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$783 Mil. Goodway Machine's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$3,476 Mil. Goodway Machine's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goodway Machine's Days Inventory for the three months ended in Dec. 2025 was 405.16.

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. Goodway Machine's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 3.57.

Goodway Machine  (TPE:1583) 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.

Goodway Machine'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
=3475.8545/782.84*365 / 4
=405.16

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.

Goodway Machine'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 )
=3475.8545 / 974.446
=3.57

* 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.

Goodway Machine Inventory Turnover Related Terms

Goodway Machine Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Goodway Machine'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.

Goodway Machine Inventory Turnover Chart

Goodway Machine 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 1.65 1.34 1.12 0.97 0.90

Goodway Machine 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 0.25 0.19 0.24 0.25 0.23
TPE:1583
60GF Score
Goodway Machine Corp TPE:1583
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Goodway Machine Inventory Turnover Calculation

Goodway Machine'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 )
=3182.094 / ((3559.935 + 3474.855) / 2 )
=3182.094 / 3517.395
=0.90

Goodway Machine'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 )
=782.84 / ((3476.854 + 3474.855) / 2 )
=782.84 / 3475.8545
=0.23

* 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 0.23 mean?
Goodway Machine (TPE:1583) has a Inventory Turnover of 0.23 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Goodway Machine and its competitors.
Is Goodway Machine's Inventory Turnover too high?
Goodway Machine's current Inventory Turnover is 0.23. Overall, Goodway Machine has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goodway Machine's Inventory Turnover compare to GEV and ETN?
Goodway Machine's Inventory Turnover of 0.23 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 Goodway Machine and its competitors. Goodway Machine's current Inventory Turnover is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodway Machine stock overvalued right now?
Based on GuruFocus' analysis, Goodway Machine (TPE:1583) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.71, compared to a current price of NT$48.70 — trading 8.9% above its estimated fair value. The current Inventory Turnover is 0.23. Goodway Machine's overall GF Score™ is 60/100 with 3 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 Goodway Machine (TPE:1583), the current Inventory Turnover is 0.23 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 Goodway Machine (TPE:1583) Overvalued in 2026?

Based on GuruFocus' analysis, Goodway Machine stock appears to be overvalued. The current stock price of NT$48.70 is trading 8.9% above its estimated GF Value™ of NT$44.71. GuruFocus considers Goodway Machine to be Fairly Valued.

Key valuation signals for TPE:1583:

  • Inventory Turnover: 0.23
  • GF Value™: NT$44.71 vs. price of NT$48.70 (8.9% above fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the TPE:1583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Goodway Machine Business Description

Address No. 13, Gongyequ 5th Road, Taichung Industrial Park, Xitun District, Taichung, TWN, 40767
Goodway Machine Corp engaged in manufacturing, sales, and purchases of a variety of machine tools, automatic machinery and hardware, woodworking machinery, and woodworking lathes. The company has two reportable segments, the CNC Lathe segment and the Processing Machine segment, which are mainly engaged in the design, manufacturing, and trading of industrial machine tools. Geographically, the company generates a majority of its revenue from Asia (excluding Taiwan) and the rest from Europe, America, Taiwan, and other regions.
60GF Score

Get the complete analysis for TPE:1583

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

NT$48.70
Price
NT$44.71
GF Value