NA (Nano Labs) Change In Inventory: $-2.31 Mil (TTM As of Dec. 2025)

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.

NA Nano Labs Ltd NA
41 GF Score
Price $1.92
GF Value $0.88
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Nano Labs Change In Inventory?

Nano Labs NA +2.67% 41 Change In Inventory is $-2.31 Mil as of Dec. 2025. GuruFocus rates NA with a GF Score™ of 41/100 and a GF Value™ of $0.88 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Nano Labs's change in inventory for the quarter that ended in Dec. 2025 was $-0.68 Mil. It means Nano Labs's inventory increased by $0.68 Mil from Jun. 2025 to Dec. 2025 .

Nano Labs's change in inventory for the fiscal year that ended in Dec. 2025 was $-2.34 Mil. It means Nano Labs's inventory increased by $2.34 Mil from Dec. 2024 to Dec. 2025 .

Nano Labs's Total Inventories for the quarter that ended in Dec. 2025 was $1.94 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nano Labs's Days Inventory for the quarter that ended in Dec. 2025 was 93.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nano Labs's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.96.

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. Nano Labs's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 1.30.


Nano Labs  (NAS:NA) Change In Inventory Explanation

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

Nano Labs's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.4685/6.787*365 / 2
=93.27

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

Nano Labs's Inventory Turnover for the quarter that ended in Dec. 2025 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.

Nano Labs's Inventory to Revenue for the quarter that ended in Dec. 2025 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.


Nano Labs Change In Inventory Related Terms


Nano Labs Change In Inventory Historical Data

* Premium members only.

The historical data trend for Nano Labs'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.

Nano Labs Change In Inventory Chart

Nano Labs Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial -36.64 -10.25 4.03 -3.83 -2.34

Nano Labs Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.86 -1.14 -2.69 -1.63 -0.68
NA
41GF Score
Nano Labs Ltd NA
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nano Labs 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.31 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 $-2.31 Mil mean?
Nano Labs (NA) has a Change In Inventory of $-2.31 Mil as of Dec. 2025. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Nano Labs and its competitors.
Is Nano Labs' Change In Inventory too high?
Nano Labs' current Change In Inventory is $-2.31 Mil. Overall, Nano Labs has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nano Labs' Change In Inventory compare to PXLW and MOBX?
Nano Labs' Change In Inventory of $-2.31 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 Change In Inventory for a Semiconductors company?
A good Change In Inventory depends on the Semiconductors 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 Nano Labs and its competitors. Nano Labs's current Change In Inventory is $-2.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nano Labs stock overvalued right now?
Based on GuruFocus' analysis, Nano Labs (NA) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.88, compared to a current price of $1.92 — trading 118.2% above its estimated fair value. The current Change In Inventory is $-2.31 Mil. Nano Labs' overall GF Score™ is 41/100 with 10 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 Nano Labs (NA), the current Change In Inventory is $-2.31 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 Nano Labs (NA) Overvalued in 2026?

Based on GuruFocus' analysis, Nano Labs stock appears to be overvalued. The current stock price of $1.92 is trading 118.2% above its estimated GF Value™ of $0.88. GuruFocus considers Nano Labs to be Significantly Overvalued.

Key valuation signals for NA:

  • Change In Inventory: $-2.31 Mil
  • GF Value™: $0.88 vs. price of $1.92 (118.2% above fair value)
  • GF Score™: 41/100 with 10 warning signs

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


Nano Labs Business Description

Other Exchanges L7I:Germany
Address 509 Qianjiang Road, China Yuangu Hanggang Technology Building, Shangcheng District, Zhejiang, Hangzhou, CHN, 310000
Nano Labs Ltd is a Web 3.0 infrastructure and product solution provider, as well as a crypto treasury company. It is focused on the development of HTC chips and HPC chips. In addition, the company has established BNB value investment and adopted BNB (a crypto token) as the primary reserve asset. Furthermore, it has launched the iPollo Claw, a dedicated hardware solution for the OpenClaw AI Agent Ecosystem. Nano Labs derives revenue mainly from its HTC and HPC offerings, which comprise Darkbird series HPC chips that feature high performance and high energy consumption efficiency, and Cuckoo series chips, used in GPUs. Geographically, the company generates maximum revenue from the People's Republic of China (PRC), and the rest from Singapore, Hong Kong, the United States, and other markets.
41GF Score

Get the complete analysis for NA

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

$1.92
Price
$0.88
GF Value