Federal (TPE:2102) Total Inventories: NT$12.2 Mil (As of Dec. 2025)


TPE:2102 Federal Corp TPE:2102
63 GF Score
Price NT$18.10
GF Value NT$16.71
Valuation Fairly Valued
! 5 Warning Signs
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What is Federal Total Inventories?

Federal TPE:2102 -0.82% 63 Total Inventories is NT$12.2 Mil as of Dec. 2025. GuruFocus rates TPE:2102 with a GF Score™ of 63/100 and a GF Value™ of NT$16.71 (Fairly Valued). The stock has 5 warning signs investors should review.

Federal's total inventories for the quarter that ended in Dec. 2025 was NT$12.2 Mil. Federal's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Dec. 2025 was NT$16.7 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Federal's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was NT$0.75.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Federal's Days Inventory for the three months ended in Dec. 2025 was 29.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Federal's Inventory Turnover for the quarter that ended in Dec. 2025 was 3.15.

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. Federal's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.25.


Federal  (TPE:2102) 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.

Federal'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)
=(2919.719+0.75 * 72.419+0.5 * 12.221-2637.644
-0-0)/459.574
=0.75

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

Federal'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
=16.6935/52.51*365 / 4
=29.01

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

Federal'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 )
=52.51 / 16.6935
=3.15

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.

Federal'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 )
=16.6935 / 65.723
=0.25

* 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.


Federal Total Inventories Related Terms


Federal Total Inventories Historical Data

* Premium members only.

The historical data trend for Federal'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.

Federal Total Inventories Chart

Federal 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 554.84 424.65 74.52 31.69 12.22

Federal 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 31.69 22.40 19.22 21.17 12.22
TPE:2102
63GF Score
Federal Corp TPE:2102
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Federal 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$12.2 Mil mean?
Federal (TPE:2102) has a Total Inventories of NT$12.2 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Federal and its competitors.
Is Federal's Total Inventories too high?
Federal's current Total Inventories is NT$12.2 Mil. Overall, Federal has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal's Total Inventories compare to ORLY and AZO?
Federal's Total Inventories of NT$12.2 Mil 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 Total Inventories for a Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts 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 Federal and its competitors. Federal's current Total Inventories is NT$12.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal stock overvalued right now?
Based on GuruFocus' analysis, Federal (TPE:2102) is currently considered Fairly Valued. The stock's GF Value™ is NT$16.71, compared to a current price of NT$18.10 — trading 8.3% above its estimated fair value. The current Total Inventories is NT$12.2 Mil. Federal's overall GF Score™ is 63/100 with 5 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 Federal (TPE:2102), the current Total Inventories is NT$12.2 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 Federal (TPE:2102) Overvalued in 2026?

Based on GuruFocus' analysis, Federal stock appears to be overvalued. The current stock price of NT$18.10 is trading 8.3% above its estimated GF Value™ of NT$16.71. GuruFocus considers Federal to be Fairly Valued.

Key valuation signals for TPE:2102:

  • Total Inventories: NT$12.2 Mil
  • GF Value™: NT$16.71 vs. price of NT$18.10 (8.3% above fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the TPE:2102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Federal Business Description

Address No. 398, Huanbei Road, 2nd Floor-2, Zhongli District, Taoyuan, TWN
Federal Corp is a Taiwan-based company that engages in the manufacturing and sale of automobile tires and rubber, as well as real estate development and leasing. Its products include tires for ultra-high performance (UHP) vehicles and high-performance vehicles, tires for passenger cars, and tires for sports utility vehicles (SUVs), among others. It also provides light truck tires, drift tires, and all-season tires. The company derives its key revenue from the domestic market and the rest from Asia and America.
63GF Score

Get the complete analysis for TPE:2102

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

NT$18.10
Price
NT$16.71
GF Value