ZTO Express (Cayman) (MEX:ZTO N) Days Inventory: 0.36 (As of Mar. 2026) — 63% Below Median


MEX:ZTO N ZTO Express (Cayman) Inc MEX:ZTO N
88 GF Score
Price MXN426.00
GF Value MXN520.69
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What is ZTO Express (Cayman) Days Inventory?

ZTO Express (Cayman) MEX:ZTO N 88 Days Inventory is 0.36 as of Mar. 2026, which is 63% below its 10-year median of 0.97. GuruFocus rates MEX:ZTO N with a GF Score™ of 88/100 and a GF Value™ of MXN520.69. Among 799 Transportation companies, ZTO Express (Cayman) ranks better than 96.25% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). ZTO Express (Cayman)'s Average Total Inventories for the three months ended in Mar. 2026 was MXN103 Mil. ZTO Express (Cayman)'s Cost of Goods Sold for the three months ended in Mar. 2026 was MXN26,288 Mil. Hence, ZTO Express (Cayman)'s Days Inventory for the three months ended in Mar. 2026 was 0.36.

The historical rank and industry rank for ZTO Express (Cayman)'s Days Inventory or its related term are showing as below:

MEX:ZTO N' s Days Inventory Range Over the Past 10 Years
Min: 0.39   Med: 0.97   Max: 1.46
Current: 0.4

During the past 12 years, ZTO Express (Cayman)'s highest Days Inventory was 1.46. The lowest was 0.39. And the median was 0.97.

MEX:ZTO N's Days Inventory is ranked better than
96.25% of 799 companies
in the Transportation industry
Industry Median: 12.4 vs MEX:ZTO N: 0.40

ZTO Express (Cayman)'s Days Inventory declined from Mar. 2025 (0.42) to Mar. 2026 (0.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. ZTO Express (Cayman)'s Inventory Turnover for the three months ended in Mar. 2026 was 255.14.

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. ZTO Express (Cayman)'s Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.00.


ZTO Express (Cayman)  (MEX:ZTO N) 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.

ZTO Express (Cayman)'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.

ZTO Express (Cayman)'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.


ZTO Express (Cayman) Days Inventory Related Terms


ZTO Express (Cayman) Days Inventory Historical Data

* Premium members only.

The historical data trend for ZTO Express (Cayman)'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.

ZTO Express (Cayman) Days Inventory Chart

ZTO Express (Cayman) 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 1.02 0.94 0.52 0.37 0.42

ZTO Express (Cayman) 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 0.42 0.44 0.50 0.38 0.36

MEX:ZTO N vs EXPD, CHRW, FDXF: Days Inventory Comparison

For the Integrated Freight & Logistics subindustry, ZTO Express (Cayman)'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.


ZTO Express (Cayman) Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, ZTO Express (Cayman)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where ZTO Express (Cayman)'s Days Inventory falls into.


MEX:ZTO N
88GF Score
ZTO Express (Cayman) Inc MEX:ZTO N
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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ZTO Express (Cayman) Days Inventory Calculation

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

ZTO Express (Cayman)'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
=( (110.482 + 103.915) / 2 ) / 94147.545*365
=107.1985 / 94147.545*365
=0.42

ZTO Express (Cayman)'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
=( (103.915 + 102.151) / 2 ) / 26287.65*365 / 4
=103.033 / 26287.65*365 / 4
=0.36

* 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 0.36 mean?
ZTO Express (Cayman) (MEX:ZTO N) has a Days Inventory of 0.36 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on ZTO Express (Cayman) and its competitors. This is 63% below median its historical median of 0.97. Over the past decade, ZTO Express (Cayman)'s Days Inventory has ranged from 0.39 to 1.46. According to the industry distribution chart, ZTO Express (Cayman) ranks #30 out of 799 companies in the Transportation industry, placing it in the top 3.8%.
Is ZTO Express (Cayman)'s Days Inventory too high?
ZTO Express (Cayman)'s current Days Inventory of 0.36 is 63% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.46. The Transportation industry median Days Inventory is 12.40. ZTO Express (Cayman)'s value of 0.36 is 97.1% below this industry median. Based on the distribution chart, ZTO Express (Cayman) ranks #30 out of 799 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, ZTO Express (Cayman) has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s Days Inventory compare to EXPD and CHRW?
According to the Transportation industry distribution chart, ZTO Express (Cayman) ranks #30 out of 799 companies for Days Inventory. This places ZTO Express (Cayman) in the top 4% of its industry — outperforming the majority of peers. The industry median Days Inventory is 12.40. ZTO Express (Cayman)'s value of 0.36 is 97.1% below this benchmark. Historically, ZTO Express (Cayman)'s own Days Inventory has ranged from 0.39 to 1.46 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 12.40, ZTO Express (Cayman) 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 Transportation company?
The median Days Inventory among Transportation companies is 12.40, based on 799 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. ZTO Express (Cayman)'s current Days Inventory of 0.36 is 97.1% 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 ZTO Express (Cayman) and its competitors. For the Transportation industry, the median Days Inventory is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZTO Express (Cayman)'s current Days Inventory is 0.36, which is 63% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTO Express (Cayman) stock overvalued right now?
ZTO Express (Cayman) (MEX:ZTO N) has a current Days Inventory of 0.36. The stock's GF Value™ is MXN520.69, compared to a current price of MXN426.00 — trading 18.2% below its estimated fair value. The current Days Inventory is 0.36, which is 63% below median its 10-year median of 0.97 and 97.1% below the Transportation industry median of 12.40. ZTO Express (Cayman)'s overall GF Score™ is 88/100. 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 ZTO Express (Cayman) (MEX:ZTO N), the current Days Inventory is 0.36 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 ZTO Express (Cayman) (MEX:ZTO N) Overvalued in 2026?

Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued. The current stock price of MXN426.00 is trading 18.2% below its estimated GF Value™ of MXN520.69.

Key valuation signals for MEX:ZTO N:

  • Days Inventory: 0.36 (63% below median its 10-year median of 0.97)
  • GF Value™: MXN520.69 vs. price of MXN426.00 (18.2% below fair value)
  • GF Score™: 88/100
  • Industry Position: 97.1% below the Transportation median (#30 of 799)

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


ZTO Express (Cayman) Business Description

Address No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
88GF Score

Get the complete analysis for MEX:ZTO N

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

MXN426.00
Price
MXN520.69
GF Value