Elite Material Co (TPE:2383) Total Inventories: NT$21,016 Mil (As of Mar. 2026)


TPE:2383 Elite Material Co Ltd TPE:2383
74 GF Score
Price NT$5,255.00
GF Value NT$1,304.22
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Elite Material Co Total Inventories?

Elite Material Co TPE:2383 -6.83% 74 Total Inventories is NT$21,016 Mil as of Mar. 2026. GuruFocus rates TPE:2383 with a GF Score™ of 74/100 and a GF Value™ of NT$1,304.22 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Elite Material Co's total inventories for the quarter that ended in Mar. 2026 was NT$21,016 Mil. Elite Material Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was NT$18,884 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Elite Material Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was NT$-43.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elite Material Co's Days Inventory for the three months ended in Mar. 2026 was 73.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elite Material Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.24.

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. Elite Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.57.


Elite Material Co  (TPE:2383) 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.

Elite Material Co'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)
=(22134.504+0.75 * 46419.871+0.5 * 21015.909-83055.788
-0--21.693)/358.321
=-43.47

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

Elite Material Co'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
=18883.7485/23338.108*365 / 4
=73.83

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

Elite Material Co'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 )
=23338.108 / 18883.7485
=1.24

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.

Elite Material Co'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 )
=18883.7485 / 33067.261
=0.57

* 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.


Elite Material Co Total Inventories Related Terms


Elite Material Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Elite Material 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.

Elite Material Co Total Inventories Chart

Elite Material 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 5,465.41 4,235.91 6,134.70 9,437.50 16,751.59

Elite Material Co 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 10,557.73 10,936.02 13,975.80 16,751.59 21,015.91
TPE:2383
74GF Score
Elite Material Co Ltd TPE:2383
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Elite Material 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$21,016 Mil mean?
Elite Material Co (TPE:2383) has a Total Inventories of NT$21,016 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Elite Material Co and its competitors.
Is Elite Material Co's Total Inventories too high?
Elite Material Co's current Total Inventories is NT$21,016 Mil. Overall, Elite Material Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elite Material Co's Total Inventories compare to APH and GLW?
Elite Material Co's Total Inventories of NT$21,016 Mil 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 Total Inventories for a Hardware company?
A good Total Inventories depends on the Hardware 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 Elite Material Co and its competitors. Elite Material Co's current Total Inventories is NT$21,016 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Material Co stock overvalued right now?
Based on GuruFocus' analysis, Elite Material Co (TPE:2383) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,304.22, compared to a current price of NT$5,255.00 — trading 302.9% above its estimated fair value. The current Total Inventories is NT$21,016 Mil. Elite Material Co's overall GF Score™ is 74/100 with 7 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 Elite Material Co (TPE:2383), the current Total Inventories is NT$21,016 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 Elite Material Co (TPE:2383) Overvalued in 2026?

Based on GuruFocus' analysis, Elite Material Co stock appears to be overvalued. The current stock price of NT$5,255.00 is trading 302.9% above its estimated GF Value™ of NT$1,304.22. GuruFocus considers Elite Material Co to be Significantly Overvalued.

Key valuation signals for TPE:2383:

  • Total Inventories: NT$21,016 Mil
  • GF Value™: NT$1,304.22 vs. price of NT$5,255.00 (302.9% above fair value)
  • GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the TPE:2383 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elite Material Co Business Description

Address No. 18, Datong 1st Road, Guanyin District, Taoyuan, TWN, 328
Elite Material Co Ltd is engaged in the manufacturing and selling of printed circuit boards, copper-clad laminates, electronic-industrial specialty chemicals, raw materials, work-in-progress, and finished goods of electronic components. The Group has three reportable segments: the domestic segment produces and sells various types of printed circuit board products, electronic-industrial specialty chemicals, and electronic components; the Foreign segment produces and sells prepreg for printed circuit boards and copper-clad laminates; and the Other segment includes investment and product exchange business. Geographically, it operates in Taiwan, China, and Other countries.
74GF Score

Get the complete analysis for TPE:2383

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

NT$5,255.00
Price
NT$1,304.22
GF Value