Techking Tires (BJSE:920020) Days Inventory: 22.20 (As of Jun. 2026) — 34% Above Median

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BJSE:920020 Techking Tires Ltd BJSE:920020
18 GF Score
Price ¥14.69
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What is Techking Tires Days Inventory?

Techking Tires BJSE:920020 18 Days Inventory is 22.20 as of Jun. 2026, which is 34% above its 10-year median of 16.54. GuruFocus rates BJSE:920020 with a GF Score™ of 18/100. Among 1,303 Vehicles & Parts companies, Techking Tires ranks better than 95.17% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Techking Tires's Average Total Inventories for the three months ended in Jun. 2026 was ¥169 Mil. Techking Tires's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥696 Mil. Hence, Techking Tires's Days Inventory for the three months ended in Jun. 2026 was 22.20.

The historical rank and industry rank for Techking Tires's Days Inventory or its related term are showing as below:

BJSE:920020' s Days Inventory Range Over the Past 10 Years
Min: 14.72   Med: 16.54   Max: 23.27
Current: 23.27

During the past 4 years, Techking Tires's highest Days Inventory was 23.27. The lowest was 14.72. And the median was 16.54.

BJSE:920020's Days Inventory is ranked better than
95.17% of 1303 companies
in the Vehicles & Parts industry
Industry Median: 79.95 vs BJSE:920020: 23.27

Techking Tires's Days Inventory increased from . 20 (0.00) to Jun. 2026 (22.20). It might indicate that Techking Tires's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Techking Tires's Inventory Turnover for the three months ended in Jun. 2026 was 4.11.

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. Techking Tires's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.20.


Techking Tires  (BJSE:920020) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Techking Tires's Inventory Turnover for the three months ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=695.98738334 / 169.311699445
=4.11

2. 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.

Techking Tires's Inventory to Revenue for the three months ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=169.311699445 / 844.58583128
=0.20

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Techking Tires Days Inventory Related Terms


Techking Tires Days Inventory Historical Data

* Premium members only.

The historical data trend for Techking Tires's Days 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.

Techking Tires Days Inventory Chart

Techking Tires Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Inventory
15.10 14.66 16.47 22.36

Techking Tires Quarterly Data
Dec24 Mar25 Mar26 Jun26
Days Inventory - 18.37 26.35 22.20

BJSE:920020 vs ORLY, AZO, GPC: Days Inventory Comparison

For the Auto Parts subindustry, Techking Tires's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Techking Tires Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Techking Tires's Days Inventory distribution charts can be found below:

* The bar in red indicates where Techking Tires's Days Inventory falls into.


BJSE:920020
18GF Score
Techking Tires Ltd BJSE:920020
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Techking Tires Days Inventory Calculation

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

Techking Tires's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (97.90258799 + 160.88218623) / 2 ) / 2111.8715795*365
=129.39238711 / 2111.8715795*365
=22.36

Techking Tires's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (174.18687369 + 164.4365252) / 2 ) / 695.98738334*365 / 4
=169.311699445 / 695.98738334*365 / 4
=22.20

* 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 Days Inventory →
What does a Days Inventory of 22.20 mean?
Techking Tires (BJSE:920020) has a Days Inventory of 22.20 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Techking Tires and its competitors. This is 34% above median its historical median of 16.54. Over the past decade, Techking Tires' Days Inventory has ranged from 14.72 to 23.27. According to the industry distribution chart, Techking Tires ranks #63 out of 1303 companies in the Vehicles & Parts industry, placing it in the top 4.8%.
Is Techking Tires' Days Inventory too high?
Techking Tires' current Days Inventory of 22.20 is 34% above median its 10-year median of 16.54. Over the past 10 years, this metric has ranged from a low of 14.72 to a high of 23.27. The Vehicles & Parts industry median Days Inventory is 79.95. Techking Tires' value of 22.20 is 72.2% below this industry median. Based on the distribution chart, Techking Tires ranks #63 out of 1303 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Techking Tires has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Techking Tires' Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Techking Tires ranks #63 out of 1303 companies for Days Inventory. This places Techking Tires in the top 5% of its industry — outperforming the majority of peers. The industry median Days Inventory is 79.95. Techking Tires' value of 22.20 is 72.2% below this benchmark. Historically, Techking Tires' own Days Inventory has ranged from 14.72 to 23.27 over the past decade. While the company's 10-year median is 16.54 vs. the industry median of 79.95, Techking Tires has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 79.95, based on 1,303 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Techking Tires's current Days Inventory of 22.20 is 72.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Techking Tires and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 79.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techking Tires's current Days Inventory is 22.20, which is 34% above median its own 10-year median of 16.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techking Tires stock overvalued right now?
Techking Tires (BJSE:920020) has a current Days Inventory of 22.20. The current Days Inventory is 22.20, which is 34% above median its 10-year median of 16.54 and 72.2% below the Vehicles & Parts industry median of 79.95. Techking Tires' overall GF Score™ is 18/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Techking Tires (BJSE:920020), the current Days Inventory is 22.20 as of Jun. 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.

Techking Tires Business Description

Address Keyuanjingsan Road, Building 2, No. 6, Laoshan District, Qingdao, Shandong, CHN, 266061
Techking Tires Ltd is a company specializing in the design, development, sales, and service of tires for mining and construction equipment. The company offers various products and technical services, including tire manufacturing and rubber product sales. It also engages in technical consulting, development, and technology transfer, alongside import and export activities related to goods and technology. Techking serves both domestic and international markets with a focus on providing tires designed for specific applications, supported by an integrated product development system and localized marketing and service teams. The company aims to support the operational needs of the mining and construction industries by offering tailored tire solutions and related technical services.
18GF Score

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

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