Kenda Rubber Industrial Co (TPE:2106) Inventory Turnover: 0.66 (As of Dec. 2025)


TPE:2106 Kenda Rubber Industrial Co Ltd TPE:2106
59 GF Score
Price NT$17.40
GF Value NT$27.64
Valuation Possible Value Trap
! 9 Warning Signs
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What is Kenda Rubber Industrial Co Inventory Turnover?

Kenda Rubber Industrial Co TPE:2106 59 Inventory Turnover is 0.66 as of Dec. 2025. GuruFocus rates TPE:2106 with a GF Score™ of 59/100 and a GF Value™ of NT$27.64 (Possible Value Trap). The stock has 9 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. Kenda Rubber Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$6,394 Mil. Kenda Rubber Industrial Co's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$9,709 Mil. Kenda Rubber Industrial Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kenda Rubber Industrial Co's Days Inventory for the three months ended in Dec. 2025 was 138.56.

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. Kenda Rubber Industrial Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 1.21.

Kenda Rubber Industrial Co  (TPE:2106) 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.

Kenda Rubber Industrial 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
=9709.027/6393.805*365 / 4
=138.56

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.

Kenda Rubber Industrial 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 )
=9709.027 / 8022.471
=1.21

* 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.

Kenda Rubber Industrial Co Inventory Turnover Related Terms

Kenda Rubber Industrial Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Kenda Rubber 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.

Kenda Rubber Industrial Co Inventory Turnover Chart

Kenda Rubber 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 2.74 2.65 2.52 2.54 2.56

Kenda Rubber Industrial 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 0.60 0.64 0.72 0.71 0.66
TPE:2106
59GF Score
Kenda Rubber Industrial Co Ltd TPE:2106
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kenda Rubber Industrial Co Inventory Turnover Calculation

Kenda Rubber 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 )
=27454.911 / ((11324.863 + 10117.992) / 2 )
=27454.911 / 10721.4275
=2.56

Kenda Rubber Industrial 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 )
=6393.805 / ((9300.062 + 10117.992) / 2 )
=6393.805 / 9709.027
=0.66

* 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 0.66 mean?
Kenda Rubber Industrial Co (TPE:2106) has a Inventory Turnover of 0.66 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kenda Rubber Industrial Co and its competitors.
Is Kenda Rubber Industrial Co's Inventory Turnover too high?
Kenda Rubber Industrial Co's current Inventory Turnover is 0.66. Overall, Kenda Rubber Industrial Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kenda Rubber Industrial Co's Inventory Turnover compare to ORLY and AZO?
Kenda Rubber Industrial Co's Inventory Turnover of 0.66 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Kenda Rubber Industrial Co and its competitors. Kenda Rubber Industrial Co's current Inventory Turnover is 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenda Rubber Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co (TPE:2106) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.64, compared to a current price of NT$17.40 — trading 37% below its estimated fair value. The current Inventory Turnover is 0.66. Kenda Rubber Industrial Co's overall GF Score™ is 59/100 with 9 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 Kenda Rubber Industrial Co (TPE:2106), the current Inventory Turnover is 0.66 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 Kenda Rubber Industrial Co (TPE:2106) Overvalued in 2026?

Based on GuruFocus' analysis, Kenda Rubber Industrial Co stock appears to be undervalued. The current stock price of NT$17.40 is trading 37% below its estimated GF Value™ of NT$27.64. GuruFocus considers Kenda Rubber Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:2106:

  • Inventory Turnover: 0.66
  • GF Value™: NT$27.64 vs. price of NT$17.40 (37% below fair value)
  • GF Score™: 59/100 with 9 warning signs

No single metric tells the full story. See the TPE:2106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kenda Rubber Industrial Co Business Description

Address Zhongshan Road, No. 146, Section 1, Changhua County, Yuanlin, TWN, 510
Kenda Rubber Industrial Co Ltd is engaged in the manufacturing and trading of rubber products such as inner tubes and tires of bicycles, scooters, industrial trucks, cars, and various products of carbon fiber. The company operates in four geographical areas such as China, the united states, Taiwan and Vietnam. The majority of the revenue is earn from united states.
59GF Score

Get the complete analysis for TPE:2106

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

NT$17.40
Price
NT$27.64
GF Value