Shangshan Gold International Holdings (HKSE:01939) Days Inventory: 1,134.65 (As of Mar. 2026) — 30% Below Median

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HKSE:01939 Shangshan Gold International Holdings Ltd HKSE:01939
60 GF Score
Price HK$0.53
GF Value HK$1.32
Valuation Possible Value Trap
! 4 Warning Signs
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What is Shangshan Gold International Holdings Days Inventory?

Shangshan Gold International Holdings HKSE:01939 60 Days Inventory is 1,134.65 as of Mar. 2026, which is 30% below its 10-year median of 1,622.99. GuruFocus rates HKSE:01939 with a GF Score™ of 60/100 and a GF Value™ of HK$1.32 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,089 Retail - Cyclical companies, Shangshan Gold International Holdings ranks worse than 96.69% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shangshan Gold International Holdings's Average Total Inventories for the six months ended in Mar. 2026 was HK$134.8 Mil. Shangshan Gold International Holdings's Cost of Goods Sold for the six months ended in Mar. 2026 was HK$21.7 Mil. Hence, Shangshan Gold International Holdings's Days Inventory for the six months ended in Mar. 2026 was 1,134.65.

The historical rank and industry rank for Shangshan Gold International Holdings's Days Inventory or its related term are showing as below:

HKSE:01939' s Days Inventory Range Over the Past 10 Years
Min: 157.14   Med: 1622.99   Max: 4249.53
Current: 759.12

During the past 11 years, Shangshan Gold International Holdings's highest Days Inventory was 4249.53. The lowest was 157.14. And the median was 1622.99.

HKSE:01939's Days Inventory is ranked worse than
96.69% of 1089 companies
in the Retail - Cyclical industry
Industry Median: 102.16 vs HKSE:01939: 759.12

Shangshan Gold International Holdings's Days Inventory declined from Mar. 2025 (2,814.44) to Mar. 2026 (1,134.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shangshan Gold International Holdings's Inventory Turnover for the six months ended in Mar. 2026 was 0.16.

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. Shangshan Gold International Holdings's Inventory-to-Revenue for the six months ended in Mar. 2026 was 4.35.


Shangshan Gold International Holdings  (HKSE:01939) 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.

Shangshan Gold International Holdings's Inventory Turnover for the six 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.

Shangshan Gold International Holdings's Inventory to Revenue for the six 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.


Shangshan Gold International Holdings Days Inventory Related Terms


Shangshan Gold International Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Shangshan Gold International Holdings'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.

Shangshan Gold International Holdings Days Inventory Chart

Shangshan Gold International Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,200.40 2,495.84 4,249.53 3,510.03 750.14

Shangshan Gold International Holdings Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2,784.20 4,848.69 2,814.44 575.39 1,134.65

HKSE:01939 vs CASY, WSM, ULTA: Days Inventory Comparison

For the Specialty Retail subindustry, Shangshan Gold International Holdings'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.


Shangshan Gold International Holdings Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shangshan Gold International Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shangshan Gold International Holdings's Days Inventory falls into.


HKSE:01939
60GF Score
Shangshan Gold International Holdings Ltd HKSE:01939
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Shangshan Gold International Holdings Days Inventory Calculation

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

Shangshan Gold International Holdings's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (132.347 + 132.449) / 2 ) / 64.422*365
=132.398 / 64.422*365
=750.14

Shangshan Gold International Holdings'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: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (137.157 + 132.449) / 2 ) / 21.682*365 / 2
=134.803 / 21.682*365 / 2
=1,134.65

* 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 1,134.65 mean?
Shangshan Gold International Holdings (HKSE:01939) has a Days Inventory of 1,134.65 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shangshan Gold International Holdings and its competitors. This is 30% below median its historical median of 1,622.99. Over the past decade, Shangshan Gold International Holdings' Days Inventory has ranged from 157.14 to 4,249.53. According to the industry distribution chart, Shangshan Gold International Holdings ranks #1053 out of 1089 companies in the Retail - Cyclical industry, placing it in the top 96.7%.
Is Shangshan Gold International Holdings' Days Inventory too high?
Shangshan Gold International Holdings' current Days Inventory of 1,134.65 is 30% below median its 10-year median of 1,622.99. Over the past 10 years, this metric has ranged from a low of 157.14 to a high of 4,249.53. The Retail - Cyclical industry median Days Inventory is 102.16. Shangshan Gold International Holdings' value of 1,134.65 is 1010.7% above this industry median. Based on the distribution chart, Shangshan Gold International Holdings ranks #1053 out of 1089 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shangshan Gold International Holdings has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shangshan Gold International Holdings' Days Inventory compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Shangshan Gold International Holdings ranks #1053 out of 1089 companies for Days Inventory. This places Shangshan Gold International Holdings in the lower half of its industry. The industry median Days Inventory is 102.16. Shangshan Gold International Holdings' value of 1,134.65 is 1010.7% above this benchmark. Historically, Shangshan Gold International Holdings' own Days Inventory has ranged from 157.14 to 4,249.53 over the past decade. While the company's 10-year median is 1,622.99 vs. the industry median of 102.16, Shangshan Gold International Holdings 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 Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 102.16, based on 1,089 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. Shangshan Gold International Holdings's current Days Inventory of 1,134.65 is 1010.7% 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 Shangshan Gold International Holdings and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 102.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shangshan Gold International Holdings's current Days Inventory is 1,134.65, which is 30% below median its own 10-year median of 1,622.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shangshan Gold International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Shangshan Gold International Holdings (HKSE:01939) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.32, compared to a current price of HK$0.53 — trading 59.8% below its estimated fair value. The current Days Inventory is 1,134.65, which is 30% below median its 10-year median of 1,622.99 and 1010.7% above the Retail - Cyclical industry median of 102.16. Shangshan Gold International Holdings' overall GF Score™ is 60/100 with 4 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 Shangshan Gold International Holdings (HKSE:01939), the current Days Inventory is 1,134.65 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 Shangshan Gold International Holdings (HKSE:01939) Overvalued in 2026?

Based on GuruFocus' analysis, Shangshan Gold International Holdings stock appears to be undervalued. The current stock price of HK$0.53 is trading 59.8% below its estimated GF Value™ of HK$1.32. GuruFocus considers Shangshan Gold International Holdings to be Possible Value Trap.

Key valuation signals for HKSE:01939:

  • Days Inventory: 1,134.65 (30% below median its 10-year median of 1,622.99)
  • GF Value™: HK$1.32 vs. price of HK$0.53 (59.8% below fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 1010.7% above the Retail - Cyclical median (#1053 of 1089)

No single metric tells the full story. See the HKSE:01939 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shangshan Gold International Holdings Business Description

Address 3-7-5 Kyobashi, 2nd and 3rd Floor, Kyobashi-Square, Chuo-ku, Tokyo, JPN, 104-0031
Shangshan Gold International Holdings Ltd Formerly Tokyo Chuo Auction Holdings Ltd is an investment holding company. The company's operating segment includes the Operation of art auction and related business and Artwork sales. The company is in auctioneering a wide variety of artworks with emphasis on Chinese and Japanese artworks, including Chinese paintings and calligraphies, Chinese antiques and Japanese and Chinese teawares. It generates maximum revenue from the Operation of art auction and related business and Artwork sales segment. Geographically, it derives a majority of revenue from Japan.
60GF Score

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

HK$0.53
Price
HK$1.32
GF Value