FitTech Co (TPE:6706) Inventory Turnover: 0.10 (As of Dec. 2025)

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TPE:6706 FitTech Co Ltd TPE:6706
48 GF Score
Price NT$110.50
GF Value NT$44.23
Valuation Significantly Overvalued
! 9 Warning Signs
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What is FitTech Co Inventory Turnover?

FitTech Co TPE:6706 -9.43% 48 Inventory Turnover is 0.10 as of Dec. 2025. GuruFocus rates TPE:6706 with a GF Score™ of 48/100 and a GF Value™ of NT$44.23 (Significantly Overvalued). 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. FitTech Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$109.9 Mil. FitTech Co's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$1,104.5 Mil. FitTech Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. FitTech Co's Days Inventory for the three months ended in Dec. 2025 was 917.02.

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. FitTech Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 9.36.

FitTech Co  (TPE:6706) 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.

FitTech 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
=1104.4875/109.904*365 / 4
=917.02

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.

FitTech 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 )
=1104.4875 / 117.963
=9.36

* 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.

FitTech Co Inventory Turnover Related Terms

FitTech Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for FitTech 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.

FitTech Co Inventory Turnover Chart

FitTech 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 1.94 1.47 0.98 0.80 0.63

FitTech 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 0.30 0.33 0.24 0.07 0.10
TPE:6706
48GF Score
FitTech Co Ltd TPE:6706
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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FitTech Co Inventory Turnover Calculation

FitTech 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 )
=759.649 / ((1171.044 + 1231.952) / 2 )
=759.649 / 1201.498
=0.63

FitTech 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 )
=109.904 / ((977.023 + 1231.952) / 2 )
=109.904 / 1104.4875
=0.10

* 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 0.10 mean?
FitTech Co (TPE:6706) has a Inventory Turnover of 0.10 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on FitTech Co and its competitors.
Is FitTech Co's Inventory Turnover too high?
FitTech Co's current Inventory Turnover is 0.10. Overall, FitTech Co has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FitTech Co's Inventory Turnover compare to GEV and ETN?
FitTech Co's Inventory Turnover of 0.10 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 FitTech Co and its competitors. FitTech Co's current Inventory Turnover is 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FitTech Co stock overvalued right now?
Based on GuruFocus' analysis, FitTech Co (TPE:6706) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$44.23, compared to a current price of NT$110.50 — trading 149.8% above its estimated fair value. The current Inventory Turnover is 0.10. FitTech Co's overall GF Score™ is 48/100 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 FitTech Co (TPE:6706), the current Inventory Turnover is 0.10 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 FitTech Co (TPE:6706) Overvalued in 2026?

Based on GuruFocus' analysis, FitTech Co stock appears to be overvalued. The current stock price of NT$110.50 is trading 149.8% above its estimated GF Value™ of NT$44.23. GuruFocus considers FitTech Co to be Significantly Overvalued.

Key valuation signals for TPE:6706:

  • Inventory Turnover: 0.10
  • GF Value™: NT$44.23 vs. price of NT$110.50 (149.8% above fair value)
  • GF Score™: 48/100 with 9 warning signs

No single metric tells the full story. See the TPE:6706 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

FitTech Co Business Description

Address No. 3, Gongyequ 35th Road, 1st Floor, Hsinchu Industrial Park, Xitun District, Taichung, TWN, 407
FitTech Co Ltd mainly engages in the manufacture and wholesale of machinery equipment, general instruments, optical instruments, other optical and precision machinery, industry of intellectual property rights, information software services, research and development services, and international trade. The Group is mainly engaged in R&D, production, and sales of optics testing equipment, laser machining equipment, and OEM optics testing. Products and solutions are LED/MiniLED Test Solutions, MicroLED Test and Transfer Solution, Micro LED solutions, Laser Micromachining Solutions, and others. Its products and service revenue are sales of machines, OEM, and others. It generates maximum revenue from Asia.
48GF Score

Get the complete analysis for TPE:6706

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

NT$110.50
Price
NT$44.23
GF Value