Elite Advanced Laser (TPE:3450) Inventory Turnover: 1.48 (As of Dec. 2025)

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TPE:3450 Elite Advanced Laser Corp TPE:3450
76 GF Score
Price NT$476.00
GF Value NT$248.88
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Elite Advanced Laser Inventory Turnover?

Elite Advanced Laser TPE:3450 -7.57% 76 Inventory Turnover is 1.48 as of Dec. 2025. GuruFocus rates TPE:3450 with a GF Score™ of 76/100 and a GF Value™ of NT$248.88 (Significantly 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. Elite Advanced Laser's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$1,556 Mil. Elite Advanced Laser's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$1,055 Mil. Elite Advanced Laser's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.48.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elite Advanced Laser's Days Inventory for the three months ended in Dec. 2025 was 61.86.

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. Elite Advanced Laser's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.50.

Elite Advanced Laser  (TPE:3450) 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.

Elite Advanced Laser'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
=1054.839/1555.943*365 / 4
=61.86

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.

Elite Advanced Laser'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 )
=1054.839 / 2121.948
=0.50

* 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.

Elite Advanced Laser Inventory Turnover Related Terms

Elite Advanced Laser Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Elite Advanced Laser'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.

Elite Advanced Laser Inventory Turnover Chart

Elite Advanced Laser 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 13.68 10.97 10.13 10.47 7.18

Elite Advanced Laser 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 2.70 2.49 1.51 1.39 1.48
TPE:3450
76GF Score
Elite Advanced Laser Corp TPE:3450
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Elite Advanced Laser Inventory Turnover Calculation

Elite Advanced Laser'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 )
=6029.013 / ((671.935 + 1007.88) / 2 )
=6029.013 / 839.9075
=7.18

Elite Advanced Laser'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 )
=1555.943 / ((1101.798 + 1007.88) / 2 )
=1555.943 / 1054.839
=1.48

* 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 1.48 mean?
Elite Advanced Laser (TPE:3450) has a Inventory Turnover of 1.48 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Elite Advanced Laser and its competitors.
Is Elite Advanced Laser's Inventory Turnover too high?
Elite Advanced Laser's current Inventory Turnover is 1.48. Overall, Elite Advanced Laser has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite Advanced Laser's Inventory Turnover compare to AMAT and LRCX?
Elite Advanced Laser's Inventory Turnover of 1.48 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 Elite Advanced Laser and its competitors. Elite Advanced Laser's current Inventory Turnover is 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Advanced Laser stock overvalued right now?
Based on GuruFocus' analysis, Elite Advanced Laser (TPE:3450) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$248.88, compared to a current price of NT$476.00 — trading 91.3% above its estimated fair value. The current Inventory Turnover is 1.48. Elite Advanced Laser's overall GF Score™ is 76/100 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 Elite Advanced Laser (TPE:3450), the current Inventory Turnover is 1.48 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 Elite Advanced Laser (TPE:3450) Overvalued in 2026?

Based on GuruFocus' analysis, Elite Advanced Laser stock appears to be overvalued. The current stock price of NT$476.00 is trading 91.3% above its estimated GF Value™ of NT$248.88. GuruFocus considers Elite Advanced Laser to be Significantly Overvalued.

Key valuation signals for TPE:3450:

  • Inventory Turnover: 1.48
  • GF Value™: NT$248.88 vs. price of NT$476.00 (91.3% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the TPE:3450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elite Advanced Laser Business Description

Address 10th Floor, 35 Qiao\'an Street, Zhonghe District, New Taipei City, TWN, 235026
Elite Advanced Laser Corp is engaged in optical information and optical communication products. The reportable segments of the company are the Optoelectronics industry, the Semiconductor segment, and the Silicon Photonics segment. The company generates the majority of its revenue from the Semiconductor segment.
76GF Score

Get the complete analysis for TPE:3450

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

NT$476.00
Price
NT$248.88
GF Value