RLX TechnologyRLX +2.11%68 Days Inventory is 31.37 as of Mar. 2026, which is 29% below its 10-year median of 44.01. GuruFocus rates RLX with a GF Score™ of 68/100 and a GF Value™ of $4.06 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 47 Tobacco Products companies, RLX Technology ranks better than 85.11% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). RLX Technology's Average Total Inventories for the
three
months ended in Mar. 2026 was $48.2 Mil. RLX Technology's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $140.1 Mil.
Hence, RLX Technology's Days Inventory for the
three
months ended in Mar. 2026 was 31.37.
The historical rank and industry rank for RLX Technology's Days Inventory or its related term are showing as below:
RLX'
s Days Inventory Range Over the Past 10 Years
Min: 30.21 Med: 44.01 Max: 70.4
Current: 31.26
During the past 8 years, RLX Technology's highest Days Inventory was 70.40. The lowest was 30.21. And the median was 44.01.
RLX's Days Inventory is ranked better than 85.11% of 47
companies
in the Tobacco Products industry
Industry Median: 134.79
vs RLX: 31.26
RLX Technology's Days Inventory
increased
from Mar. 2025 (24.69) to Mar. 2026 (31.37).
It might indicate that RLX Technology's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
RLX Technology's Inventory Turnover for the
three
months ended in Mar. 2026 was 2.91.
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.
RLX Technology's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.23.
RLX Technology (NYSE:RLX) 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.
RLX Technology'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.
RLX Technology'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.
RLX Technology Days Inventory Related Terms
RLX Technology Days Inventory Historical Data
* Premium members only.
The historical data trend for RLX Technology'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.
For the Tobacco subindustry, RLX Technology'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.
RLX Technology Days Inventory vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, RLX Technology's Days Inventory distribution charts can be found below:
* The bar in red indicates where RLX Technology's Days Inventory falls into.
* 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.
RLX Technology (RLX) has a Days Inventory of 31.37 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on RLX Technology and its competitors. This is 29% below median its historical median of 44.01. Over the past decade, RLX Technology's Days Inventory has ranged from 30.21 to 70.40. According to the industry distribution chart, RLX Technology ranks #7 out of 47 companies in the Tobacco Products industry, placing it in the top 14.9%.
Is RLX Technology's Days Inventory too high?
RLX Technology's current Days Inventory of 31.37 is 29% below median its 10-year median of 44.01. Over the past 10 years, this metric has ranged from a low of 30.21 to a high of 70.40. The Tobacco Products industry median Days Inventory is 134.79. RLX Technology's value of 31.37 is 76.7% below this industry median. Based on the distribution chart, RLX Technology ranks #7 out of 47 companies in the Tobacco Products industry, which is in the top quartile — a strong position relative to peers. Overall, RLX Technology has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RLX Technology's Days Inventory compare to TPB and UVV?
According to the Tobacco Products industry distribution chart, RLX Technology ranks #7 out of 47 companies for Days Inventory. This places RLX Technology in the top 15% of its industry — outperforming the majority of peers. The industry median Days Inventory is 134.79. RLX Technology's value of 31.37 is 76.7% below this benchmark. Historically, RLX Technology's own Days Inventory has ranged from 30.21 to 70.40 over the past decade. While the company's 10-year median is 44.01 vs. the industry median of 134.79, RLX Technology 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 Tobacco Products company?
The median Days Inventory among Tobacco Products companies is 134.79, based on 47 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. RLX Technology's current Days Inventory of 31.37 is 76.7% 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 RLX Technology and its competitors. For the Tobacco Products industry, the median Days Inventory is 134.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RLX Technology's current Days Inventory is 31.37, which is 29% below median its own 10-year median of 44.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RLX Technology stock overvalued right now?
Based on GuruFocus' analysis, RLX Technology (RLX) is currently considered Significantly Undervalued. The stock's GF Value™ is $4.06, compared to a current price of $1.94 — trading 52.2% below its estimated fair value. The current Days Inventory is 31.37, which is 29% below median its 10-year median of 44.01 and 76.7% below the Tobacco Products industry median of 134.79. RLX Technology's overall GF Score™ is 68/100 with 5 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 RLX Technology (RLX), the current Days Inventory is 31.37 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 RLX Technology (RLX) Overvalued in 2026?
Based on GuruFocus' analysis, RLX Technology stock appears to be undervalued.
The current stock price of $1.94 is trading 52.2% below its estimated GF Value™ of $4.06.
GuruFocus considers RLX Technology to be Significantly Undervalued.
Key valuation signals for RLX:
Days Inventory: 31.37 (29% below median its 10-year median of 44.01)
GF Value™: $4.06 vs. price of $1.94 (52.2% below fair value)
Industry Position: 76.7% below the Tobacco Products median (#7 of 47)
No single metric tells the full story. See the RLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RLX Technology Inc is engaged in the manufacturing of e-vapor products for adult smokers. It has an integrated offline distribution and "Branded store plus" retail model tailored to China's e-vapor market. The company has two reportable segments, Core Markets and Europe Acquisition. The majority of the revenue is earn from Core Markets segment.
68GF Score
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