Merida Industry Co (TPE:9914) Total Inventories: NT$8,469 Mil (As of Dec. 2025)


TPE:9914 Merida Industry Co Ltd TPE:9914
67 GF Score
Price NT$73.60
GF Value NT$136.73
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Merida Industry Co Total Inventories?

Merida Industry Co TPE:9914 +1.10% 67 Total Inventories is NT$8,469 Mil as of Dec. 2025. GuruFocus rates TPE:9914 with a GF Score™ of 67/100 and a GF Value™ of NT$136.73 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Merida Industry Co's total inventories for the quarter that ended in Dec. 2025 was NT$8,469 Mil. Merida Industry Co's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Dec. 2025 was NT$8,318 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Merida Industry Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was NT$-17.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Merida Industry Co's Days Inventory for the three months ended in Dec. 2025 was 170.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Merida Industry Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.54.

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. Merida Industry Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 1.68.


Merida Industry Co  (TPE:9914) 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.

Merida Industry 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)
=(4157.927+0.75 * 3031.109+0.5 * 8469.139-15379.709
-0-430.45)/298.984
=-17.21

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

Merida Industry 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
=8318.024/4464.359*365 / 4
=170.02

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

Merida Industry 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 )
=4464.359 / 8318.024
=0.54

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.

Merida Industry 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 )
=8318.024 / 4961.591
=1.68

* 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.


Merida Industry Co Total Inventories Related Terms


Merida Industry Co Total Inventories Historical Data

* Premium members only.

The historical data trend for Merida Industry 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.

Merida Industry Co Total Inventories Chart

Merida Industry 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 7,726.13 10,235.05 9,531.94 10,720.85 8,469.14

Merida Industry 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 10,720.85 9,627.98 8,696.85 8,166.91 8,469.14
TPE:9914
67GF Score
Merida Industry Co Ltd TPE:9914
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Merida Industry 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$8,469 Mil mean?
Merida Industry Co (TPE:9914) has a Total Inventories of NT$8,469 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Merida Industry Co and its competitors.
Is Merida Industry Co's Total Inventories too high?
Merida Industry Co's current Total Inventories is NT$8,469 Mil. Overall, Merida Industry Co has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merida Industry Co's Total Inventories compare to AS and HAS?
Merida Industry Co's Total Inventories of NT$8,469 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 Merida Industry Co and its competitors. Merida Industry Co's current Total Inventories is NT$8,469 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merida Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Merida Industry Co (TPE:9914) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$136.73, compared to a current price of NT$73.60 — trading 46.2% below its estimated fair value. The current Total Inventories is NT$8,469 Mil. Merida Industry Co's overall GF Score™ is 67/100 with 6 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 Merida Industry Co (TPE:9914), the current Total Inventories is NT$8,469 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 Merida Industry Co (TPE:9914) Overvalued in 2026?

Based on GuruFocus' analysis, Merida Industry Co stock appears to be undervalued. The current stock price of NT$73.60 is trading 46.2% below its estimated GF Value™ of NT$136.73. GuruFocus considers Merida Industry Co to be Significantly Undervalued.

Key valuation signals for TPE:9914:

  • Total Inventories: NT$8,469 Mil
  • GF Value™: NT$136.73 vs. price of NT$73.60 (46.2% below fair value)
  • GF Score™: 67/100 with 6 warning signs

No single metric tells the full story. See the TPE:9914 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merida Industry Co Business Description

Address No. 116, Meigang Road, Dacun Township, Changhua County, Yuanlin, TWN
Merida Industry Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. It distributes bicycles and components both domestically and internationally, and products are largely sold under the Merida brand name.
67GF Score

Get the complete analysis for TPE:9914

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

NT$73.60
Price
NT$136.73
GF Value