ZTO Express (Cayman) (BSP:Z1TO34) Change In Inventory: R$0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:Z1TO34 ZTO Express (Cayman) Inc BSP:Z1TO34
95 GF Score
Price R$30.54
GF Value R$36.71
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is ZTO Express (Cayman) Change In Inventory?

ZTO Express (Cayman) BSP:Z1TO34 95 Change In Inventory is R$0 Mil as of Mar. 2026. GuruFocus rates BSP:Z1TO34 with a GF Score™ of 95/100 and a GF Value™ of R$36.71 (Modestly Undervalued). The stock has 3 warning signs investors should review.

ZTO Express (Cayman)'s change in inventory for the quarter that ended in Mar. 2026 was R$0 Mil. It means ZTO Express (Cayman)'s inventory stayed the same from Dec. 2025 to Mar. 2026 .

ZTO Express (Cayman)'s change in inventory for the fiscal year that ended in Dec. 2025 was R$-2 Mil. It means ZTO Express (Cayman)'s inventory increased by R$2 Mil from Dec. 2024 to Dec. 2025 .

ZTO Express (Cayman)'s Total Inventories for the quarter that ended in Mar. 2026 was R$30 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ZTO Express (Cayman)'s Days Inventory for the quarter that ended in Mar. 2026 was 0.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. ZTO Express (Cayman)'s Inventory Turnover for the quarter that ended in Mar. 2026 was 249.50.

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. ZTO Express (Cayman)'s Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.


ZTO Express (Cayman)  (BSP:Z1TO34) Change In Inventory Explanation

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

ZTO Express (Cayman)'s Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=30.555/7623.589*365 / 4
=0.37

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

ZTO Express (Cayman)'s Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

3. 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.

ZTO Express (Cayman)'s Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

* 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.


ZTO Express (Cayman) Change In Inventory Related Terms


ZTO Express (Cayman) Change In Inventory Historical Data

* Premium members only.

The historical data trend for ZTO Express (Cayman)'s Change In Inventory 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.

ZTO Express (Cayman) Change In Inventory Chart

ZTO Express (Cayman) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.60 21.79 8.55 -8.79 -1.61

ZTO Express (Cayman) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory 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 0.00 0.00 0.00 0.00 0.00
BSP:Z1TO34
95GF Score
ZTO Express (Cayman) Inc BSP:Z1TO34
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ZTO Express (Cayman) Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of R$0 Mil mean?
ZTO Express (Cayman) (BSP:Z1TO34) has a Change In Inventory of R$0 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for ZTO Express (Cayman) and its competitors.
Is ZTO Express (Cayman)'s Change In Inventory too high?
ZTO Express (Cayman)'s current Change In Inventory is R$0 Mil. Overall, ZTO Express (Cayman) has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s Change In Inventory compare to CHRW and EXPD?
ZTO Express (Cayman)'s Change In Inventory of R$0 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Transportation company?
A good Change In Inventory depends on the Transportation industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for ZTO Express (Cayman) and its competitors. ZTO Express (Cayman)'s current Change In Inventory is R$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTO Express (Cayman) stock overvalued right now?
Based on GuruFocus' analysis, ZTO Express (Cayman) (BSP:Z1TO34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$36.71, compared to a current price of R$30.54 — trading 16.8% below its estimated fair value. The current Change In Inventory is R$0 Mil. ZTO Express (Cayman)'s overall GF Score™ is 95/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For ZTO Express (Cayman) (BSP:Z1TO34), the current Change In Inventory is R$0 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 ZTO Express (Cayman) (BSP:Z1TO34) Overvalued in 2026?

Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued. The current stock price of R$30.54 is trading 16.8% below its estimated GF Value™ of R$36.71. GuruFocus considers ZTO Express (Cayman) to be Modestly Undervalued.

Key valuation signals for BSP:Z1TO34:

  • Change In Inventory: R$0 Mil
  • GF Value™: R$36.71 vs. price of R$30.54 (16.8% below fair value)
  • GF Score™: 95/100 with 3 warning signs

No single metric tells the full story. See the BSP:Z1TO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZTO Express (Cayman) Business Description

Address No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
95GF Score

Get the complete analysis for BSP:Z1TO34

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

R$30.54
Price
R$36.71
GF Value