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Tangshan Haitai New Energy Technology Co Ltd BJSE:920985
Tangshan Haitai New Energy Technology Co BJSE:920985 49 Days Inventory is 348.52 as of Mar. 2026, which is 688% above its 10-year median of 44.22. GuruFocus rates BJSE:920985 with a GF Score™ of 49/100 and a GF Value™ of ¥4.00 (Fairly Valued). The stock has 8 warning signs investors should review. Among 983 Semiconductors companies, Tangshan Haitai New Energy Technology Co ranks worse than 90.95% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Tangshan Haitai New Energy Technology Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥1,521 Mil. Tangshan Haitai New Energy Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥398 Mil. Hence, Tangshan Haitai New Energy Technology Co's Days Inventory for the three months ended in Mar. 2026 was 348.52.
The historical rank and industry rank for Tangshan Haitai New Energy Technology Co's Days Inventory or its related term are showing as below:
During the past 13 years, Tangshan Haitai New Energy Technology Co's highest Days Inventory was 357.99. The lowest was 25.28. And the median was 44.22.
Tangshan Haitai New Energy Technology Co's Days Inventory declined from Mar. 2025 (425.64) to Mar. 2026 (348.52).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year. Tangshan Haitai New Energy Technology Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.26.
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. Tangshan Haitai New Energy Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 3.51.
Tangshan Haitai New Energy Technology Co (BJSE:920985) 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.
Tangshan Haitai New Energy Technology Co's Inventory Turnover for the three months ended in Mar. 2026 is calculated as
| Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
| = | 398.334 | / | 1521.4135 | |
| = | 0.26 |
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.
Tangshan Haitai New Energy Technology Co's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as
| Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
| = | 1521.4135 | / | 433.342 | |
| = | 3.51 |
* 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.
The historical data trend for Tangshan Haitai New Energy Technology 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.
| Tangshan Haitai New Energy Technology Co Annual Data | |||||||||||||||||||||
| Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | Dec25 | |||||||||||
| Days Inventory | Get a 7-Day Free Trial |
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44.15 | 43.59 | 77.03 | 143.73 | 338.94 | |||||||||||||
| Tangshan Haitai New Energy Technology 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 |
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425.64 | 216.52 | 574.12 | 578.21 | 348.52 | ||
For the Solar subindustry, Tangshan Haitai New Energy Technology 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.
For the Semiconductors industry and Technology sector, Tangshan Haitai New Energy Technology Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tangshan Haitai New Energy Technology Co's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Tangshan Haitai New Energy Technology 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 |
| = | ( (1621.314 | + | 1599.111) | / | 2 ) | / | 1734.024 | * | 365 |
| = | 1610.2125 | / | 1734.024 | * | 365 | ||||
| = | 338.94 |
Tangshan Haitai New Energy Technology 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 |
| = | ( (1599.111 | + | 1443.716) | / | 2 ) | / | 398.334 | * | 365 / 4 |
| = | 1521.4135 | / | 398.334 | * | 365 / 4 | ||||
| = | 348.52 |
* 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.
Based on GuruFocus' analysis, Tangshan Haitai New Energy Technology Co stock appears to be overvalued. The current stock price of ¥4.34 is trading 8.5% above its estimated GF Value™ of ¥4.00. GuruFocus considers Tangshan Haitai New Energy Technology Co to be Fairly Valued.
Key valuation signals for BJSE:920985:
No single metric tells the full story. See the BJSE:920985 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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