Topkey (TPE:4536) Total Inventories: NT$1,363 Mil (As of Dec. 2025)


TPE:4536 Topkey Corp TPE:4536
85 GF Score
Price NT$164.00
GF Value NT$175.89
Valuation Fairly Valued
! 4 Warning Signs
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What is Topkey Total Inventories?

Topkey TPE:4536 -1.20% 85 Total Inventories is NT$1,363 Mil as of Dec. 2025. GuruFocus rates TPE:4536 with a GF Score™ of 85/100 and a GF Value™ of NT$175.89 (Fairly Valued). The stock has 4 warning signs investors should review.

Topkey's total inventories for the quarter that ended in Dec. 2025 was NT$1,363 Mil. Topkey's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Dec. 2025 was NT$1,176 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Topkey's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was NT$30.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Topkey's Days Inventory for the three months ended in Dec. 2025 was 85.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Topkey's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.07.

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. Topkey's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.63.


Topkey  (TPE:4536) 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.

Topkey'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)
=(5502.491+0.75 * 1561.712+0.5 * 1363.488-4123.406
-0-438.847)/90.820
=30.76

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

Topkey'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
=1175.688/1258.724*365 / 4
=85.23

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

Topkey'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 )
=1258.724 / 1175.688
=1.07

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.

Topkey'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 )
=1175.688 / 1868.82
=0.63

* 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.


Topkey Total Inventories Related Terms


Topkey Total Inventories Historical Data

* Premium members only.

The historical data trend for Topkey'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.

Topkey Total Inventories Chart

Topkey 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 1,941.83 2,704.91 1,508.17 1,525.73 1,363.49

Topkey 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 1,525.73 1,334.49 1,115.24 987.89 1,363.49
TPE:4536
85GF Score
Topkey Corp TPE:4536
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Topkey 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$1,363 Mil mean?
Topkey (TPE:4536) has a Total Inventories of NT$1,363 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Topkey and its competitors.
Is Topkey's Total Inventories too high?
Topkey's current Total Inventories is NT$1,363 Mil. Overall, Topkey has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Topkey's Total Inventories compare to AS and HAS?
Topkey's Total Inventories of NT$1,363 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Total Inventories depends on the Travel & Leisure 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 Topkey and its competitors. Topkey's current Total Inventories is NT$1,363 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topkey stock overvalued right now?
Based on GuruFocus' analysis, Topkey (TPE:4536) is currently considered Fairly Valued. The stock's GF Value™ is NT$175.89, compared to a current price of NT$164.00 — trading 6.8% below its estimated fair value. The current Total Inventories is NT$1,363 Mil. Topkey's overall GF Score™ is 85/100 with 4 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 Topkey (TPE:4536), the current Total Inventories is NT$1,363 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 Topkey (TPE:4536) Overvalued in 2026?

Based on GuruFocus' analysis, Topkey stock appears to be undervalued. The current stock price of NT$164.00 is trading 6.8% below its estimated GF Value™ of NT$175.89. GuruFocus considers Topkey to be Fairly Valued.

Key valuation signals for TPE:4536:

  • Total Inventories: NT$1,363 Mil
  • GF Value™: NT$175.89 vs. price of NT$164.00 (6.8% below fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the TPE:4536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topkey Business Description

Address No. 18, 20th Road, Industrial Park, Taichung, TWN
Topkey Corp is mainly engaged in the production, processing, sale, international trading, and agency services of sporting goods, carbon fiber products, glass fiber products, and composite materials. Revenue from the sales of goods comes from the sales of sporting goods which accounts for the majority of the company's revenue, aviation products, and medical products. Revenue from the rendering of services comes from professional labor services. The company operates in Asia which is also its key revenue-generating market, Europe, America, and other regions.
85GF Score

Get the complete analysis for TPE:4536

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

NT$164.00
Price
NT$175.89
GF Value