Primax Electronics (TPE:4915) Inventory Turnover: 1.22 (As of Dec. 2025)

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TPE:4915 Primax Electronics Ltd TPE:4915
83 GF Score
Price NT$64.90
GF Value NT$81.60
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Primax Electronics Inventory Turnover?

Primax Electronics TPE:4915 -2.99% 83 Inventory Turnover is 1.22 as of Dec. 2025. GuruFocus rates TPE:4915 with a GF Score™ of 83/100 and a GF Value™ of NT$81.60 (Modestly Undervalued). The stock has 4 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. Primax Electronics's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$12,312 Mil. Primax Electronics's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$10,116 Mil. Primax Electronics's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Primax Electronics's Days Inventory for the three months ended in Dec. 2025 was 74.98.

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. Primax Electronics's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.68.

Primax Electronics  (TPE:4915) 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.

Primax Electronics'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
=10116.14/12311.906*365 / 4
=74.98

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.

Primax Electronics'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 )
=10116.14 / 14942.756
=0.68

* 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.

Primax Electronics Inventory Turnover Related Terms

Primax Electronics Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Primax Electronics'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.

Primax Electronics Inventory Turnover Chart

Primax Electronics 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 5.32 6.06 5.87 5.50 4.89

Primax Electronics 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 1.23 1.33 1.39 1.47 1.22
TPE:4915
83GF Score
Primax Electronics Ltd TPE:4915
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Primax Electronics Inventory Turnover Calculation

Primax Electronics'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 )
=49760.11 / ((9603.682 + 10756.563) / 2 )
=49760.11 / 10180.1225
=4.89

Primax Electronics'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 )
=12311.906 / ((9475.717 + 10756.563) / 2 )
=12311.906 / 10116.14
=1.22

* 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 1.22 mean?
Primax Electronics (TPE:4915) has a Inventory Turnover of 1.22 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Primax Electronics and its competitors.
Is Primax Electronics' Inventory Turnover too high?
Primax Electronics' current Inventory Turnover is 1.22. Overall, Primax Electronics has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Primax Electronics' Inventory Turnover compare to AAPL?
Primax Electronics' Inventory Turnover of 1.22 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 Primax Electronics and its competitors. Primax Electronics's current Inventory Turnover is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primax Electronics stock overvalued right now?
Based on GuruFocus' analysis, Primax Electronics (TPE:4915) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$81.60, compared to a current price of NT$64.90 — trading 20.5% below its estimated fair value. The current Inventory Turnover is 1.22. Primax Electronics' overall GF Score™ is 83/100 with 4 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 Primax Electronics (TPE:4915), the current Inventory Turnover is 1.22 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 Primax Electronics (TPE:4915) Overvalued in 2026?

Based on GuruFocus' analysis, Primax Electronics stock appears to be undervalued. The current stock price of NT$64.90 is trading 20.5% below its estimated GF Value™ of NT$81.60. GuruFocus considers Primax Electronics to be Modestly Undervalued.

Key valuation signals for TPE:4915:

  • Inventory Turnover: 1.22
  • GF Value™: NT$81.60 vs. price of NT$64.90 (20.5% below fair value)
  • GF Score™: 83/100 with 4 warning signs

No single metric tells the full story. See the TPE:4915 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Primax Electronics Business Description

Address No. 669, Ruey Kuang Road, Neihu District, Taipei, TWN, 11492
Primax Electronics Ltd is a manufacturer of components for mobile devices, personal computer peripherals, business equipment, and the digital home, that operates in two business segments; The division for computer peripherals specializes in the manufacture and sale of computer mice, keyboards, trackpads, etc. The division for non-computer peripherals specializes in the manufacture and sale of digital camera modules, mobile phone accessories, multi-function printers, scanners, shredders, amplifiers, speakers and audio systems, etc. The company derives the maximum of its revenue from the non-computer peripherals segment. Geographically, it derives maximum revenue from China.
83GF Score

Get the complete analysis for TPE:4915

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

NT$64.90
Price
NT$81.60
GF Value