United Microelectronics (TPE:2303) Total Inventories: NT$38,645 Mil (As of Mar. 2026)


TPE:2303 United Microelectronics Corp TPE:2303
73 GF Score
Price NT$164.00
GF Value NT$50.78
Valuation Significantly Overvalued
! 9 Warning Signs
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What is United Microelectronics Total Inventories?

United Microelectronics TPE:2303 -8.12% 73 Total Inventories is NT$38,645 Mil as of Mar. 2026. GuruFocus rates TPE:2303 with a GF Score™ of 73/100 and a GF Value™ of NT$50.78 (Significantly Overvalued). The stock has 9 warning signs investors should review.

United Microelectronics's total inventories for the quarter that ended in Mar. 2026 was NT$38,645 Mil. United Microelectronics's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was NT$37,937 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. United Microelectronics's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was NT$-1.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Microelectronics's Days Inventory for the three months ended in Mar. 2026 was 80.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Microelectronics's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.14.

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. United Microelectronics's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.62.


United Microelectronics  (TPE:2303) 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.

United Microelectronics's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(134263.776+0.75 * 34703.319+0.5 * 38645.404-193195.75
-0-35.561)/12578.525
=-1.08

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

United Microelectronics'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
=37936.8935/43219.412*365 / 4
=80.10

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

United Microelectronics's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=43219.412 / 37936.8935
=1.14

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.

United Microelectronics'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 )
=37936.8935 / 61037.902
=0.62

* 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.


United Microelectronics Total Inventories Related Terms


United Microelectronics Total Inventories Historical Data

* Premium members only.

The historical data trend for United Microelectronics'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.

United Microelectronics Total Inventories Chart

United Microelectronics 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 23,011.18 31,069.96 35,712.56 35,782.46 37,228.38

United Microelectronics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 35,424.92 34,018.19 35,180.51 37,228.38 38,645.40
TPE:2303
73GF Score
United Microelectronics Corp TPE:2303
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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United Microelectronics 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$38,645 Mil mean?
United Microelectronics (TPE:2303) has a Total Inventories of NT$38,645 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for United Microelectronics and its competitors.
Is United Microelectronics' Total Inventories too high?
United Microelectronics' current Total Inventories is NT$38,645 Mil. Overall, United Microelectronics has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Microelectronics' Total Inventories compare to NVDA and AVGO?
United Microelectronics' Total Inventories of NT$38,645 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 United Microelectronics and its competitors. United Microelectronics's current Total Inventories is NT$38,645 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, United Microelectronics (TPE:2303) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$50.78, compared to a current price of NT$164.00 — trading 223% above its estimated fair value. The current Total Inventories is NT$38,645 Mil. United Microelectronics' overall GF Score™ is 73/100 with 9 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 United Microelectronics (TPE:2303), the current Total Inventories is NT$38,645 Mil 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 United Microelectronics (TPE:2303) Overvalued in 2026?

Based on GuruFocus' analysis, United Microelectronics stock appears to be overvalued. The current stock price of NT$164.00 is trading 223% above its estimated GF Value™ of NT$50.78. GuruFocus considers United Microelectronics to be Significantly Overvalued.

Key valuation signals for TPE:2303:

  • Total Inventories: NT$38,645 Mil
  • GF Value™: NT$50.78 vs. price of NT$164.00 (223% above fair value)
  • GF Score™: 73/100 with 9 warning signs

No single metric tells the full story. See the TPE:2303 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United Microelectronics Business Description

Address No. 3, Li-Hsin 2nd Road, Hsinchu Science Park, Hsinchu, TWN
Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with close to 5% market share in 2025 after TSMC and SMIC. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the US, and South Korea. UMC features a diverse customer base that includes Texas Instruments, MediaTek, Intel, Broadcom, Novatek, and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 19,000 people as of February 2025.
73GF Score

Get the complete analysis for TPE:2303

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

NT$164.00
Price
NT$50.78
GF Value