Niching Industrial (ROCO:3444) Total Inventories: NT$66 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3444 Niching Industrial Corp ROCO:3444
64 GF Score
Price NT$75.10
GF Value NT$89.50
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Niching Industrial Total Inventories?

Niching Industrial ROCO:3444 -3.72% 64 Total Inventories is NT$66 Mil as of Dec. 2025. GuruFocus rates ROCO:3444 with a GF Score™ of 64/100 and a GF Value™ of NT$89.50 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Niching Industrial's total inventories for the quarter that ended in Dec. 2025 was NT$66 Mil. Niching Industrial's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Dec. 2025 was NT$61 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Niching Industrial's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was NT$10.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Niching Industrial's Days Inventory for the three months ended in Dec. 2025 was 19.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Niching Industrial's Inventory Turnover for the quarter that ended in Dec. 2025 was 4.64.

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. Niching Industrial's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.18.


Niching Industrial  (ROCO:3444) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Niching Industrial's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(509.696+0.75 * 455.48+0.5 * 65.653-419.547
-0-0)/44.997
=10.32

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Niching Industrial'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
=60.7425/282.094*365 / 4
=19.65

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Niching Industrial's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=282.094 / 60.7425
=4.64

4. 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.

Niching Industrial'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 )
=60.7425 / 344.426
=0.18

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Niching Industrial Total Inventories Related Terms


Niching Industrial Total Inventories Historical Data

* Premium members only.

The historical data trend for Niching Industrial's Total Inventories 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.

Niching Industrial Total Inventories Chart

Niching Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.76 60.05 67.01 60.61 65.65

Niching Industrial Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Total Inventories 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 60.61 54.24 50.39 55.83 65.65
ROCO:3444
64GF Score
Niching Industrial Corp ROCO:3444
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niching Industrial Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of NT$66 Mil mean?
Niching Industrial (ROCO:3444) has a Total Inventories of NT$66 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Niching Industrial and its competitors.
Is Niching Industrial's Total Inventories too high?
Niching Industrial's current Total Inventories is NT$66 Mil. Overall, Niching Industrial has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Niching Industrial's Total Inventories compare to AMAT and LRCX?
Niching Industrial's Total Inventories of NT$66 Mil 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 Total Inventories for a Semiconductors company?
A good Total Inventories depends on the Semiconductors industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Niching Industrial and its competitors. Niching Industrial's current Total Inventories is NT$66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niching Industrial stock overvalued right now?
Based on GuruFocus' analysis, Niching Industrial (ROCO:3444) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$89.50, compared to a current price of NT$75.10 — trading 16.1% below its estimated fair value. The current Total Inventories is NT$66 Mil. Niching Industrial's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Niching Industrial (ROCO:3444), the current Total Inventories is NT$66 Mil 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 Niching Industrial (ROCO:3444) Overvalued in 2026?

Based on GuruFocus' analysis, Niching Industrial stock appears to be undervalued. The current stock price of NT$75.10 is trading 16.1% below its estimated GF Value™ of NT$89.50. GuruFocus considers Niching Industrial to be Modestly Undervalued.

Key valuation signals for ROCO:3444:

  • Total Inventories: NT$66 Mil
  • GF Value™: NT$89.50 vs. price of NT$75.10 (16.1% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the ROCO:3444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niching Industrial Business Description

Address Room 5E, No.767, Sec 4, Taiwan Boulevard, 5th Floor, Taichung, Xitun District, Taichung, TWN
Niching Industrial Corp main business activities include the import, export, trading, and manufacturing of various raw materials, components, and equipment required for the semiconductor and optoelectronic industries. Its revenue is generated from Semiconductor products, Optoelectronics products, and others. Semiconductor products generate maximum revenue.
64GF Score

Get the complete analysis for ROCO:3444

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

NT$75.10
Price
NT$89.50
GF Value