Associated Industries China (TPE:9912) Inventory Turnover: 0.36 (As of Dec. 2025)

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TPE:9912 Associated Industries China Inc TPE:9912
61 GF Score
Price NT$12.70
GF Value NT$11.34
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Associated Industries China Inventory Turnover?

Associated Industries China TPE:9912 +1.20% 61 Inventory Turnover is 0.36 as of Dec. 2025. GuruFocus rates TPE:9912 with a GF Score™ of 61/100 and a GF Value™ of NT$11.34 (Modestly Overvalued). The stock has 7 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. Associated Industries China's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$81.4 Mil. Associated Industries China's Average Total Inventories for the quarter that ended in Dec. 2025 was NT$227.8 Mil. Associated Industries China's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Associated Industries China's Days Inventory for the three months ended in Dec. 2025 was 255.23.

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. Associated Industries China's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 1.58.

Associated Industries China  (TPE:9912) 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.

Associated Industries China'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
=227.8115/81.446*365 / 4
=255.23

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.

Associated Industries China'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 )
=227.8115 / 143.758
=1.58

* 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.

Associated Industries China Inventory Turnover Related Terms

Associated Industries China Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Associated Industries China'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.

Associated Industries China Inventory Turnover Chart

Associated Industries China 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 1.98 1.70 1.41 1.28 1.24

Associated Industries China 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 0.28 0.26 0.28 0.28 0.36
TPE:9912
61GF Score
Associated Industries China Inc TPE:9912
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Associated Industries China Inventory Turnover Calculation

Associated Industries China'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 )
=296.013 / ((267.154 + 210.068) / 2 )
=296.013 / 238.611
=1.24

Associated Industries China'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 )
=81.446 / ((245.555 + 210.068) / 2 )
=81.446 / 227.8115
=0.36

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.36 mean?
Associated Industries China (TPE:9912) has a Inventory Turnover of 0.36 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Associated Industries China and its competitors.
Is Associated Industries China's Inventory Turnover too high?
Associated Industries China's current Inventory Turnover is 0.36. Overall, Associated Industries China has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Associated Industries China's Inventory Turnover compare to APH and GLW?
Associated Industries China's Inventory Turnover of 0.36 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 Associated Industries China and its competitors. Associated Industries China's current Inventory Turnover is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Industries China stock overvalued right now?
Based on GuruFocus' analysis, Associated Industries China (TPE:9912) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$11.34, compared to a current price of NT$12.70 — trading 12% above its estimated fair value. The current Inventory Turnover is 0.36. Associated Industries China's overall GF Score™ is 61/100 with 7 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 Associated Industries China (TPE:9912), the current Inventory Turnover is 0.36 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 Associated Industries China (TPE:9912) Overvalued in 2026?

Based on GuruFocus' analysis, Associated Industries China stock appears to be overvalued. The current stock price of NT$12.70 is trading 12% above its estimated GF Value™ of NT$11.34. GuruFocus considers Associated Industries China to be Modestly Overvalued.

Key valuation signals for TPE:9912:

  • Inventory Turnover: 0.36
  • GF Value™: NT$11.34 vs. price of NT$12.70 (12% above fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the TPE:9912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Associated Industries China Business Description

Address No. 3-1, Park Street, 5th Floor-1, Nangang District, Taipei, TWN, 11503
Associated Industries China Inc is engaged in the research, development, and sale of LCD monitors, Medical equipment and Healthcare products, Other accessories, and the Real estate rental business. The company earns maximum revenue from LCD monitors, and geographically, the company earns maximum revenue from the Netherlands, followed by the United States, Taiwan, and others.
61GF Score

Get the complete analysis for TPE:9912

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

NT$12.70
Price
NT$11.34
GF Value