Cheng Uei Precision Industry Co (TPE:2392) Inventory Turnover: 2.19 (As of Dec. 2025)

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TPE:2392 Cheng Uei Precision Industry Co Ltd TPE:2392
60 GF Score
Price NT$36.55
GF Value NT$49.23
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Cheng Uei Precision Industry Co Inventory Turnover?

Cheng Uei Precision Industry Co TPE:2392 +2.38% 60 Inventory Turnover is 2.19 as of Dec. 2025. GuruFocus rates TPE:2392 with a GF Score™ of 60/100 and a GF Value™ of NT$49.23 (Modestly Undervalued). The stock has 7 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. Cheng Uei Precision Industry Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$26,217 Mil. Cheng Uei Precision Industry Co's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$11,974 Mil. Cheng Uei Precision Industry Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 2.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cheng Uei Precision Industry Co's Days Inventory for the three months ended in Dec. 2025 was 41.67.

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. Cheng Uei Precision Industry Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.46.


Cheng Uei Precision Industry Co  (TPE:2392) 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.

Cheng Uei Precision Industry 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
=11973.5455/26217.227*365 / 4
=41.67

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.

Cheng Uei Precision Industry 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 )
=11973.5455 / 25797.22
=0.46

* 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.


Cheng Uei Precision Industry Co Inventory Turnover Related Terms


Cheng Uei Precision Industry Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Cheng Uei Precision Industry 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.

Cheng Uei Precision Industry Co Inventory Turnover Chart

Cheng Uei Precision Industry 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 5.37 4.93 4.91 6.54 9.22

Cheng Uei Precision Industry 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 2.23 1.42 1.80 2.31 2.19
TPE:2392
60GF Score
Cheng Uei Precision Industry Co Ltd TPE:2392
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheng Uei Precision Industry Co Inventory Turnover Calculation

Cheng Uei Precision Industry 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 )
=102109.921 / ((11967.832 + 10175.753) / 2 )
=102109.921 / 11071.7925
=9.22

Cheng Uei Precision Industry 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 )
=26217.227 / ((13771.338 + 10175.753) / 2 )
=26217.227 / 11973.5455
=2.19

* 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 2.19 mean?
Cheng Uei Precision Industry Co (TPE:2392) has a Inventory Turnover of 2.19 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cheng Uei Precision Industry Co and its competitors.
Is Cheng Uei Precision Industry Co's Inventory Turnover too high?
Cheng Uei Precision Industry Co's current Inventory Turnover is 2.19. Overall, Cheng Uei Precision Industry Co has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cheng Uei Precision Industry Co's Inventory Turnover compare to APH and GLW?
Cheng Uei Precision Industry Co's Inventory Turnover of 2.19 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 Cheng Uei Precision Industry Co and its competitors. Cheng Uei Precision Industry Co's current Inventory Turnover is 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheng Uei Precision Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Cheng Uei Precision Industry Co (TPE:2392) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$49.23, compared to a current price of NT$36.55 — trading 25.8% below its estimated fair value. The current Inventory Turnover is 2.19. Cheng Uei Precision Industry Co's overall GF Score™ is 60/100 with 7 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 Cheng Uei Precision Industry Co (TPE:2392), the current Inventory Turnover is 2.19 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 Cheng Uei Precision Industry Co (TPE:2392) Overvalued in 2026?

Based on GuruFocus' analysis, Cheng Uei Precision Industry Co stock appears to be undervalued. The current stock price of NT$36.55 is trading 25.8% below its estimated GF Value™ of NT$49.23. GuruFocus considers Cheng Uei Precision Industry Co to be Modestly Undervalued.

Key valuation signals for TPE:2392:

  • Inventory Turnover: 2.19
  • GF Value™: NT$49.23 vs. price of NT$36.55 (25.8% below fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the TPE:2392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheng Uei Precision Industry Co Business Description

Address No.18, Zhongshan Road, Tucheng District, New Taipei City, TWN, 236
Cheng Uei Precision Industry Co Ltd is engaged in the manufacture of cable assemblies, connectors, battery packs, and power modules. Its main clients are producers of communications devices, computers, and consumer electronics. Its product portfolio consists of cables, connectors, accessories, battery packs, power modules, wireless and Bluetooth products, camera modules, audio products, wearable devices, and gaming products. The company's reportable operating segments include Systems and peripheral products, which derive maximum revenue, 3C component, 3C product retail, Energy service management, and Others. Geographically, it derives maximum revenue from America, followed by Taiwan, China, Vietnam, Hong Kong, India, and other regions.
60GF Score

Get the complete analysis for TPE:2392

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

NT$36.55
Price
NT$49.23
GF Value