Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Inventory Turnover: 0.90 (As of Mar. 2026)

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TPE:9110 Vietnam Manufacturing and Export Processing (Holdings) Ltd TPE:9110
58 GF Score
Price NT$3.13
GF Value NT$5.23
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Vietnam Manufacturing and Export Processing (Holdings) Inventory Turnover?

Vietnam Manufacturing and Export Processing (Holdings) TPE:9110 +4.33% 58 Inventory Turnover is 0.90 as of Mar. 2026. GuruFocus rates TPE:9110 with a GF Score™ of 58/100 and a GF Value™ of NT$5.23 (Significantly Undervalued). 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. Vietnam Manufacturing and Export Processing (Holdings)'s Cost of Goods Sold for the three months ended in Mar. 2026 was NT$551 Mil. Vietnam Manufacturing and Export Processing (Holdings)'s Average Total Inventories for the quarter that ended in Mar. 2026 was NT$613 Mil. Vietnam Manufacturing and Export Processing (Holdings)'s Inventory Turnover for the quarter that ended in Mar. 2026 was 0.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vietnam Manufacturing and Export Processing (Holdings)'s Days Inventory for the three months ended in Mar. 2026 was 101.65.

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. Vietnam Manufacturing and Export Processing (Holdings)'s Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.03.


Vietnam Manufacturing and Export Processing (Holdings)  (TPE:9110) 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.

Vietnam Manufacturing and Export Processing (Holdings)'s Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=613.455/550.682*365 / 4
=101.65

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.

Vietnam Manufacturing and Export Processing (Holdings)'s Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=613.455 / 595.555
=1.03

* 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.


Vietnam Manufacturing and Export Processing (Holdings) Inventory Turnover Related Terms


Vietnam Manufacturing and Export Processing (Holdings) Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Vietnam Manufacturing and Export Processing (Holdings)'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.

Vietnam Manufacturing and Export Processing (Holdings) Inventory Turnover Chart

Vietnam Manufacturing and Export Processing (Holdings) 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 3.15 4.53 3.71 3.34 3.59

Vietnam Manufacturing and Export Processing (Holdings) Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.73 0.89 0.76 0.86 0.90
TPE:9110
58GF Score
Vietnam Manufacturing and Export Processing (Holdings) Ltd TPE:9110
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vietnam Manufacturing and Export Processing (Holdings) Inventory Turnover Calculation

Vietnam Manufacturing and Export Processing (Holdings)'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 )
=2491.129 / ((726.179 + 661.377) / 2 )
=2491.129 / 693.778
=3.59

Vietnam Manufacturing and Export Processing (Holdings)'s Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=550.682 / ((661.377 + 565.533) / 2 )
=550.682 / 613.455
=0.90

* 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 0.90 mean?
Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) has a Inventory Turnover of 0.90 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Vietnam Manufacturing and Export Processing (Holdings) and its competitors.
Is Vietnam Manufacturing and Export Processing (Holdings)'s Inventory Turnover too high?
Vietnam Manufacturing and Export Processing (Holdings)'s current Inventory Turnover is 0.90. Overall, Vietnam Manufacturing and Export Processing (Holdings) has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vietnam Manufacturing and Export Processing (Holdings)'s Inventory Turnover compare to BC and PII?
Vietnam Manufacturing and Export Processing (Holdings)'s Inventory Turnover of 0.90 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Vietnam Manufacturing and Export Processing (Holdings) and its competitors. Vietnam Manufacturing and Export Processing (Holdings)'s current Inventory Turnover is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Manufacturing and Export Processing (Holdings) stock overvalued right now?
Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$5.23, compared to a current price of NT$3.13 — trading 40.2% below its estimated fair value. The current Inventory Turnover is 0.90. Vietnam Manufacturing and Export Processing (Holdings)'s overall GF Score™ is 58/100 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110), the current Inventory Turnover is 0.90 as of Mar. 2026. 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 Vietnam Manufacturing and Export Processing (Holdings) (TPE:9110) Overvalued in 2026?

Based on GuruFocus' analysis, Vietnam Manufacturing and Export Processing (Holdings) stock appears to be undervalued. The current stock price of NT$3.13 is trading 40.2% below its estimated GF Value™ of NT$5.23. GuruFocus considers Vietnam Manufacturing and Export Processing (Holdings) to be Significantly Undervalued.

Key valuation signals for TPE:9110:

  • Inventory Turnover: 0.90
  • GF Value™: NT$5.23 vs. price of NT$3.13 (40.2% below fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the TPE:9110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vietnam Manufacturing and Export Processing (Holdings) Business Description

Other Exchanges 00422:Hong Kong
Address Section 5, Tam Hiep Ward, Dong Nai, Bien Hoa, VNM
Vietnam Manufacturing and Export Processing (Holdings) Ltd is engaged in manufacturing and sales of motorbikes, and related spare parts and engines. Its segments include Manufacturing and sale of motorbikes segment that includes motorbikes manufactured for the Vietnamese market and exports it to other countries including Malaysia, the Philippines, Thailand, Italy, Greece, United Arab Emirates and Singapore; and Manufacturing; and Sale of spare parts and engines segment manufactures engines for use in the group's motorbikes, while the group also exports engines to third parties. It manufactures parts for use in repair servicing and product assembly. Geographically, it operates in Vietnam, Malaysia, Philippines, United Arab Emirates, Greece, Thailand, Italy, Singapore, and Other Countries.
58GF Score

Get the complete analysis for TPE:9110

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

NT$3.13
Price
NT$5.23
GF Value