New Asia Construction & Development (TPE:2516) Inventory Turnover: 6.66 (As of Dec. 2025)

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TPE:2516 New Asia Construction & Development Corp TPE:2516
79 GF Score
Price NT$13.90
GF Value NT$15.98
Valuation Modestly Undervalued
! 2 Warning Signs
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What is New Asia Construction & Development Inventory Turnover?

New Asia Construction & Development TPE:2516 +1.09% 79 Inventory Turnover is 6.66 as of Dec. 2025. GuruFocus rates TPE:2516 with a GF Score™ of 79/100 and a GF Value™ of NT$15.98 (Modestly Undervalued). The stock has 2 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. New Asia Construction & Development's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$2,734 Mil. New Asia Construction & Development's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$411 Mil. New Asia Construction & Development's Inventory Turnover for the quarter that ended in Dec. 2025 was 6.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New Asia Construction & Development's Days Inventory for the three months ended in Dec. 2025 was 13.71.

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. New Asia Construction & Development's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.14.


New Asia Construction & Development  (TPE:2516) 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.

New Asia Construction & Development'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
=410.7265/2734.361*365 / 4
=13.71

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.

New Asia Construction & Development'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 )
=410.7265 / 2929.74
=0.14

* 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.


New Asia Construction & Development Inventory Turnover Related Terms


New Asia Construction & Development Inventory Turnover Historical Data

* Premium members only.

The historical data trend for New Asia Construction & Development'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.

New Asia Construction & Development Inventory Turnover Chart

New Asia Construction & Development 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 0.00 0.00 0.00 23.38 24.54

New Asia Construction & Development 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 7.48 5.32 6.27 6.24 6.66
TPE:2516
79GF Score
New Asia Construction & Development Corp TPE:2516
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Asia Construction & Development Inventory Turnover Calculation

New Asia Construction & Development'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 )
=9928.288 / ((396.729 + 412.559) / 2 )
=9928.288 / 404.644
=24.54

New Asia Construction & Development'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 )
=2734.361 / ((408.894 + 412.559) / 2 )
=2734.361 / 410.7265
=6.66

* 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 6.66 mean?
New Asia Construction & Development (TPE:2516) has a Inventory Turnover of 6.66 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on New Asia Construction & Development and its competitors.
Is New Asia Construction & Development's Inventory Turnover too high?
New Asia Construction & Development's current Inventory Turnover is 6.66. Overall, New Asia Construction & Development has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Asia Construction & Development's Inventory Turnover compare to PWR and FIX?
New Asia Construction & Development's Inventory Turnover of 6.66 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 New Asia Construction & Development and its competitors. New Asia Construction & Development's current Inventory Turnover is 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Asia Construction & Development stock overvalued right now?
Based on GuruFocus' analysis, New Asia Construction & Development (TPE:2516) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.98, compared to a current price of NT$13.90 — trading 13% below its estimated fair value. The current Inventory Turnover is 6.66. New Asia Construction & Development's overall GF Score™ is 79/100 with 2 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 New Asia Construction & Development (TPE:2516), the current Inventory Turnover is 6.66 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 New Asia Construction & Development (TPE:2516) Overvalued in 2026?

Based on GuruFocus' analysis, New Asia Construction & Development stock appears to be undervalued. The current stock price of NT$13.90 is trading 13% below its estimated GF Value™ of NT$15.98. GuruFocus considers New Asia Construction & Development to be Modestly Undervalued.

Key valuation signals for TPE:2516:

  • Inventory Turnover: 6.66
  • GF Value™: NT$15.98 vs. price of NT$13.90 (13% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the TPE:2516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Asia Construction & Development Business Description

Address No. 760, Section 4, Bade Road, 15th & 16th Floor, Songshan District, Taipei, TWN
New Asia Construction & Development Corp and its subsidiaries are engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing or selling of public housing and office building, repairment, leasing and selling of heavy equipment, manufacturing and selling of ready mixed concrete and asphalt concrete, and investment. The Group operates in the construction segment, which is engaged in the construction of residential and commercial buildings and civil engineering contracts. The company operates in Taiwan and Asia, and the maximum revenue is generated from Taiwan.
79GF Score

Get the complete analysis for TPE:2516

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

NT$13.90
Price
NT$15.98
GF Value