Hanon Advanced Technology Group Co (BJSE:920476) Days Inventory: 311.80 (As of Mar. 2026) — 29% Above Median

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.

BJSE:920476 Hanon Advanced Technology Group Co Ltd BJSE:920476
87 GF Score
Price ¥22.52
GF Value ¥17.34
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hanon Advanced Technology Group Co Days Inventory?

Hanon Advanced Technology Group Co BJSE:920476 87 Days Inventory is 311.80 as of Mar. 2026, which is 29% above its 10-year median of 242.35. GuruFocus rates BJSE:920476 with a GF Score™ of 87/100 and a GF Value™ of ¥17.34 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,414 Hardware companies, Hanon Advanced Technology Group Co ranks worse than 88.69% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Hanon Advanced Technology Group Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥84.0 Mil. Hanon Advanced Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥24.6 Mil. Hence, Hanon Advanced Technology Group Co's Days Inventory for the three months ended in Mar. 2026 was 311.80.

The historical rank and industry rank for Hanon Advanced Technology Group Co's Days Inventory or its related term are showing as below:

BJSE:920476' s Days Inventory Range Over the Past 10 Years
Min: 229.38   Med: 242.35   Max: 276.3
Current: 241.45

During the past 13 years, Hanon Advanced Technology Group Co's highest Days Inventory was 276.30. The lowest was 229.38. And the median was 242.35.

BJSE:920476's Days Inventory is ranked worse than
88.69% of 2414 companies
in the Hardware industry
Industry Median: 94.5 vs BJSE:920476: 241.45

Hanon Advanced Technology Group Co's Days Inventory declined from Mar. 2025 (401.96) to Mar. 2026 (311.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hanon Advanced Technology Group Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.29.

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. Hanon Advanced Technology Group Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.26.


Hanon Advanced Technology Group Co  (BJSE:920476) 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.

Hanon Advanced Technology Group Co's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

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.

Hanon Advanced Technology Group Co's Inventory to Revenue for the three months 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.


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.


Hanon Advanced Technology Group Co Days Inventory Related Terms


Hanon Advanced Technology Group Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Hanon Advanced Technology Group Co'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.

Hanon Advanced Technology Group Co Days Inventory Chart

Hanon Advanced Technology Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 229.38 266.36 240.21 268.84 241.22

Hanon Advanced Technology Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 401.96 274.48 239.40 178.58 311.80

BJSE:920476 vs COHR, KEYS, GRMN: Days Inventory Comparison

For the Scientific & Technical Instruments subindustry, Hanon Advanced Technology Group Co'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.


Hanon Advanced Technology Group Co Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Hanon Advanced Technology Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hanon Advanced Technology Group Co's Days Inventory falls into.


BJSE:920476
87GF Score
Hanon Advanced Technology Group Co Ltd BJSE:920476
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hanon Advanced Technology Group Co Days Inventory Calculation

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

Hanon Advanced Technology Group Co'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
=( (85.289 + 81.896) / 2 ) / 126.487*365
=83.5925 / 126.487*365
=241.22

Hanon Advanced Technology Group Co's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (81.896 + 86.092) / 2 ) / 24.581*365 / 4
=83.994 / 24.581*365 / 4
=311.80

* 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 311.80 mean?
Hanon Advanced Technology Group Co (BJSE:920476) has a Days Inventory of 311.80 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hanon Advanced Technology Group Co and its competitors. This is 29% above median its historical median of 242.35. Over the past decade, Hanon Advanced Technology Group Co's Days Inventory has ranged from 229.38 to 276.30. According to the industry distribution chart, Hanon Advanced Technology Group Co ranks #2141 out of 2414 companies in the Hardware industry, placing it in the top 88.7%.
Is Hanon Advanced Technology Group Co's Days Inventory too high?
Hanon Advanced Technology Group Co's current Days Inventory of 311.80 is 29% above median its 10-year median of 242.35. Over the past 10 years, this metric has ranged from a low of 229.38 to a high of 276.30. The Hardware industry median Days Inventory is 94.50. Hanon Advanced Technology Group Co's value of 311.80 is 229.9% above this industry median. Based on the distribution chart, Hanon Advanced Technology Group Co ranks #2141 out of 2414 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Hanon Advanced Technology Group Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hanon Advanced Technology Group Co's Days Inventory compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hanon Advanced Technology Group Co ranks #2141 out of 2414 companies for Days Inventory. This places Hanon Advanced Technology Group Co in the lower half of its industry. The industry median Days Inventory is 94.50. Hanon Advanced Technology Group Co's value of 311.80 is 229.9% above this benchmark. Historically, Hanon Advanced Technology Group Co's own Days Inventory has ranged from 229.38 to 276.30 over the past decade. While the company's 10-year median is 242.35 vs. the industry median of 94.50, Hanon Advanced Technology Group Co has consistently been above 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 Hardware company?
The median Days Inventory among Hardware companies is 94.50, based on 2,414 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. Hanon Advanced Technology Group Co's current Days Inventory of 311.80 is 229.9% above 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 Hanon Advanced Technology Group Co and its competitors. For the Hardware industry, the median Days Inventory is 94.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hanon Advanced Technology Group Co's current Days Inventory is 311.80, which is 29% above median its own 10-year median of 242.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hanon Advanced Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, Hanon Advanced Technology Group Co (BJSE:920476) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥17.34, compared to a current price of ¥22.52 — trading 29.9% above its estimated fair value. The current Days Inventory is 311.80, which is 29% above median its 10-year median of 242.35 and 229.9% above the Hardware industry median of 94.50. Hanon Advanced Technology Group Co's overall GF Score™ is 87/100 with 3 warning signs to review. 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 Hanon Advanced Technology Group Co (BJSE:920476), the current Days Inventory is 311.80 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 Hanon Advanced Technology Group Co (BJSE:920476) Overvalued in 2026?

Based on GuruFocus' analysis, Hanon Advanced Technology Group Co stock appears to be overvalued. The current stock price of ¥22.52 is trading 29.9% above its estimated GF Value™ of ¥17.34. GuruFocus considers Hanon Advanced Technology Group Co to be Modestly Overvalued.

Key valuation signals for BJSE:920476:

  • Days Inventory: 311.80 (29% above median its 10-year median of 242.35)
  • GF Value™: ¥17.34 vs. price of ¥22.52 (29.9% above fair value)
  • GF Score™: 87/100 with 3 warning signs
  • Industry Position: 229.9% above the Hardware median (#2141 of 2414)

No single metric tells the full story. See the BJSE:920476 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hanon Advanced Technology Group Co Business Description

Address No. 7000, Jingshi Road, 4th Floor, Building 1, Block A3, Hanyu Golden Valley, High-tech Zone, Shandong Province, Jinan City, CHN, 250101
Hanon Advanced Technology Group Co Ltd engages in research and development, production, and sales of experimental analysis instruments. Its product comprises High-Performance Liquid Chromatography, organic element analysis, sample pretreatment, physical optics, electrochemistry, general lab equipment, pumps, and valves.
87GF Score

Get the complete analysis for BJSE:920476

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

¥22.52
Price
¥17.34
GF Value