Shiny Chemical Industrial Co (TPE:1773) Inventory Turnover: 1.19 (As of Mar. 2026)

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TPE:1773 Shiny Chemical Industrial Co Ltd TPE:1773
95 GF Score
Price NT$174.00
GF Value NT$144.77
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Shiny Chemical Industrial Co Inventory Turnover?

Shiny Chemical Industrial Co TPE:1773 -1.42% 95 Inventory Turnover is 1.19 as of Mar. 2026. GuruFocus rates TPE:1773 with a GF Score™ of 95/100 and a GF Value™ of NT$144.77 (Modestly Overvalued). 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. Shiny Chemical Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2026 was NT$1,901 Mil. Shiny Chemical Industrial Co's Average Total Inventories for the quarter that ended in Mar. 2026 was NT$1,603 Mil. Shiny Chemical Industrial Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shiny Chemical Industrial Co's Days Inventory for the three months ended in Mar. 2026 was 76.92.

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. Shiny Chemical Industrial Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.53.

Shiny Chemical Industrial Co  (TPE:1773) 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.

Shiny Chemical Industrial Co'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
=1602.686/1901.163*365 / 4
=76.92

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.

Shiny Chemical Industrial Co'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 )
=1602.686 / 3044.317
=0.53

* 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.

Shiny Chemical Industrial Co Inventory Turnover Related Terms

Shiny Chemical Industrial Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shiny Chemical Industrial 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.

Shiny Chemical Industrial Co Inventory Turnover Chart

Shiny Chemical Industrial 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 6.49 4.80 3.94 4.62 4.59

Shiny Chemical Industrial Co 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 1.03 1.11 1.17 1.20 1.19
TPE:1773
95GF Score
Shiny Chemical Industrial Co Ltd TPE:1773
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shiny Chemical Industrial Co Inventory Turnover Calculation

Shiny Chemical Industrial 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 )
=7518.911 / ((1695.346 + 1581.921) / 2 )
=7518.911 / 1638.6335
=4.59

Shiny Chemical Industrial Co'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 )
=1901.163 / ((1581.921 + 1623.451) / 2 )
=1901.163 / 1602.686
=1.19

* 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 1.19 mean?
Shiny Chemical Industrial Co (TPE:1773) has a Inventory Turnover of 1.19 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shiny Chemical Industrial Co and its competitors.
Is Shiny Chemical Industrial Co's Inventory Turnover too high?
Shiny Chemical Industrial Co's current Inventory Turnover is 1.19. Overall, Shiny Chemical Industrial Co has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shiny Chemical Industrial Co's Inventory Turnover compare to DOW?
Shiny Chemical Industrial Co's Inventory Turnover of 1.19 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 Shiny Chemical Industrial Co and its competitors. Shiny Chemical Industrial Co's current Inventory Turnover is 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiny Chemical Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shiny Chemical Industrial Co (TPE:1773) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$144.77, compared to a current price of NT$174.00 — trading 20.2% above its estimated fair value. The current Inventory Turnover is 1.19. Shiny Chemical Industrial Co's overall GF Score™ is 95/100 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 Shiny Chemical Industrial Co (TPE:1773), the current Inventory Turnover is 1.19 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 Shiny Chemical Industrial Co (TPE:1773) Overvalued in 2026?

Based on GuruFocus' analysis, Shiny Chemical Industrial Co stock appears to be overvalued. The current stock price of NT$174.00 is trading 20.2% above its estimated GF Value™ of NT$144.77. GuruFocus considers Shiny Chemical Industrial Co to be Modestly Overvalued.

Key valuation signals for TPE:1773:

  • Inventory Turnover: 1.19
  • GF Value™: NT$144.77 vs. price of NT$174.00 (20.2% above fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the TPE:1773 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shiny Chemical Industrial Co Business Description

Address No. 5, Yonggong 1st Road, Yongan District, Kaohsiung, TWN, 82841
Shiny Chemical Industrial Co Ltd is a Taiwan-based company predominantly engaged in the manufacturing and distribution of chemical solvent series products including N-Butyl Acetate, and N-Propyl Acetate, Propylene Glycol Monomethyl Ether Propionate and Methanol, and among others. Geographically, the company generates a majority of its revenue from Taiwan and the rest from South Korea, Vietnam, Thailand, China, and other markets.
95GF Score

Get the complete analysis for TPE:1773

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

NT$174.00
Price
NT$144.77
GF Value