TSG Development Co (ROCO:3521) Total Inventories: NT$284.2 Mil (As of Dec. 2025)


ROCO:3521 TSG Development Co Ltd ROCO:3521
58 GF Score
Price NT$13.30
GF Value NT$10.10
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is TSG Development Co Total Inventories?

TSG Development Co ROCO:3521 +9.92% 58 Total Inventories is NT$284.2 Mil as of Dec. 2025. GuruFocus rates ROCO:3521 with a GF Score™ of 58/100 and a GF Value™ of NT$10.10 (Significantly Overvalued). The stock has 2 warning signs investors should review.

TSG Development Co's total inventories for the quarter that ended in Dec. 2025 was NT$284.2 Mil. TSG Development Co's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Dec. 2025 was NT$291.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. TSG Development Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was NT$4.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TSG Development Co's Days Inventory for the three months ended in Dec. 2025 was 1,693.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. TSG Development Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.05.

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. TSG Development Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 26.03.


TSG Development Co  (ROCO:3521) 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.

TSG Development Co'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)
=(822.229+0.75 * 11.503+0.5 * 284.16-328.641
-0-0)/145.766
=4.42

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

TSG Development 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
=290.97/15.677*365 / 4
=1,693.63

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

TSG Development Co'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 )
=15.677 / 290.97
=0.05

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.

TSG Development 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 )
=290.97 / 11.179
=26.03

* 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

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.


TSG Development Co Total Inventories Related Terms


TSG Development Co Total Inventories Historical Data

* Premium members only.

The historical data trend for TSG Development Co'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.

TSG Development Co Total Inventories Chart

TSG Development Co 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 691.91 637.15 520.81 412.66 284.16

TSG Development Co 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 412.66 447.84 331.63 297.78 284.16
ROCO:3521
58GF Score
TSG Development Co Ltd ROCO:3521
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSG Development Co 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$284.2 Mil mean?
TSG Development Co (ROCO:3521) has a Total Inventories of NT$284.2 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for TSG Development Co and its competitors.
Is TSG Development Co's Total Inventories too high?
TSG Development Co's current Total Inventories is NT$284.2 Mil. Overall, TSG Development Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TSG Development Co's Total Inventories compare to PWR and FIX?
TSG Development Co's Total Inventories of NT$284.2 Mil can be compared against companies in the Construction 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 Construction company?
A good Total Inventories depends on the Construction 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 TSG Development Co and its competitors. TSG Development Co's current Total Inventories is NT$284.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSG Development Co stock overvalued right now?
Based on GuruFocus' analysis, TSG Development Co (ROCO:3521) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$10.10, compared to a current price of NT$13.30 — trading 31.7% above its estimated fair value. The current Total Inventories is NT$284.2 Mil. TSG Development Co's overall GF Score™ is 58/100 with 2 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 TSG Development Co (ROCO:3521), the current Total Inventories is NT$284.2 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 TSG Development Co (ROCO:3521) Overvalued in 2026?

Based on GuruFocus' analysis, TSG Development Co stock appears to be overvalued. The current stock price of NT$13.30 is trading 31.7% above its estimated GF Value™ of NT$10.10. GuruFocus considers TSG Development Co to be Significantly Overvalued.

Key valuation signals for ROCO:3521:

  • Total Inventories: NT$284.2 Mil
  • GF Value™: NT$10.10 vs. price of NT$13.30 (31.7% above fair value)
  • GF Score™: 58/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSG Development Co Business Description

Address 25th Floor, No. 502, Jiuru 1st Road, Sanmin District, Kaohsiung City, Taipei, TWN, 235
TSG Development Co Ltd Formerly Datavan International Corp is engaged in the research and development, design, manufacture and sale of endpoint sales system software and hardware, import and export of computer information equipment and its peripheral equipment parts and accessories, and development and sale of residential and buildings for lease, investment in construction of public works and real estate trading. It operates in two reportable operating segments: Technology Business Division; and Construction Business Division, which earns majority of the revenue from real estate construction and related sales management services and other businesses. Geographically, its operations are spread across Asia, Europe, Americas and Other with majority of the revenue generating from Asia.
58GF Score

Get the complete analysis for ROCO:3521

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

NT$13.30
Price
NT$10.10
GF Value