Henan Zhongyuan Expressway Co (SHSE:600020) Days Inventory: 473.68 (As of Mar. 2026) — 27% 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.

SHSE:600020 Henan Zhongyuan Expressway Co Ltd SHSE:600020
56 GF Score
Price ¥3.86
GF Value ¥4.77
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Henan Zhongyuan Expressway Co Days Inventory?

Henan Zhongyuan Expressway Co SHSE:600020 +2.66% 56 Days Inventory is 473.68 as of Mar. 2026, which is 27% above its 10-year median of 372.42. GuruFocus rates SHSE:600020 with a GF Score™ of 56/100 and a GF Value™ of ¥4.77 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,488 Construction companies, Henan Zhongyuan Expressway Co ranks worse than 93.48% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Henan Zhongyuan Expressway Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥3,888 Mil. Henan Zhongyuan Expressway Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥749 Mil. Hence, Henan Zhongyuan Expressway Co's Days Inventory for the three months ended in Mar. 2026 was 473.68.

The historical rank and industry rank for Henan Zhongyuan Expressway Co's Days Inventory or its related term are showing as below:

SHSE:600020' s Days Inventory Range Over the Past 10 Years
Min: 219.64   Med: 372.42   Max: 526.66
Current: 375.4

During the past 13 years, Henan Zhongyuan Expressway Co's highest Days Inventory was 526.66. The lowest was 219.64. And the median was 372.42.

SHSE:600020's Days Inventory is ranked worse than
93.48% of 1488 companies
in the Construction industry
Industry Median: 49.805 vs SHSE:600020: 375.40

Henan Zhongyuan Expressway Co's Days Inventory declined from Mar. 2025 (640.53) to Mar. 2026 (473.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Henan Zhongyuan Expressway Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.19.

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. Henan Zhongyuan Expressway Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 2.70.


Henan Zhongyuan Expressway Co  (SHSE:600020) 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.

Henan Zhongyuan Expressway 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.

Henan Zhongyuan Expressway 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.


Henan Zhongyuan Expressway Co Days Inventory Related Terms


Henan Zhongyuan Expressway Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Henan Zhongyuan Expressway 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.

Henan Zhongyuan Expressway Co Days Inventory Chart

Henan Zhongyuan Expressway 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 422.65 267.38 526.66 373.72 371.12

Henan Zhongyuan Expressway 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 640.53 358.96 389.76 324.56 473.68

Henan Zhongyuan Expressway Co Days Inventory Competitor Comparison

For the Infrastructure Operations subindustry, Henan Zhongyuan Expressway 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.


Henan Zhongyuan Expressway Co Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Henan Zhongyuan Expressway Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Henan Zhongyuan Expressway Co's Days Inventory falls into.


SHSE:600020
56GF Score
Henan Zhongyuan Expressway Co Ltd SHSE:600020
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Henan Zhongyuan Expressway Co Days Inventory Calculation

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

Henan Zhongyuan Expressway 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
=( (4742.152 + 3870.334) / 2 ) / 4235.238*365
=4306.243 / 4235.238*365
=371.12

Henan Zhongyuan Expressway 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
=( (3870.334 + 3905.502) / 2 ) / 748.966*365 / 4
=3887.918 / 748.966*365 / 4
=473.68

* 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 473.68 mean?
Henan Zhongyuan Expressway Co (SHSE:600020) has a Days Inventory of 473.68 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Henan Zhongyuan Expressway Co and its competitors. This is 27% above median its historical median of 372.42. Over the past decade, Henan Zhongyuan Expressway Co's Days Inventory has ranged from 219.64 to 526.66. According to the industry distribution chart, Henan Zhongyuan Expressway Co ranks #1391 out of 1488 companies in the Construction industry, placing it in the top 93.5%.
Is Henan Zhongyuan Expressway Co's Days Inventory too high?
Henan Zhongyuan Expressway Co's current Days Inventory of 473.68 is 27% above median its 10-year median of 372.42. Over the past 10 years, this metric has ranged from a low of 219.64 to a high of 526.66. The Construction industry median Days Inventory is 49.81. Henan Zhongyuan Expressway Co's value of 473.68 is 851.1% above this industry median. Based on the distribution chart, Henan Zhongyuan Expressway Co ranks #1391 out of 1488 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Henan Zhongyuan Expressway Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Henan Zhongyuan Expressway Co's Days Inventory compare to competitors?
According to the Construction industry distribution chart, Henan Zhongyuan Expressway Co ranks #1391 out of 1488 companies for Days Inventory. This places Henan Zhongyuan Expressway Co in the lower half of its industry. The industry median Days Inventory is 49.81. Henan Zhongyuan Expressway Co's value of 473.68 is 851.1% above this benchmark. Historically, Henan Zhongyuan Expressway Co's own Days Inventory has ranged from 219.64 to 526.66 over the past decade. While the company's 10-year median is 372.42 vs. the industry median of 49.81, Henan Zhongyuan Expressway 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 Construction company?
The median Days Inventory among Construction companies is 49.81, based on 1,488 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. Henan Zhongyuan Expressway Co's current Days Inventory of 473.68 is 851.1% 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 Henan Zhongyuan Expressway Co and its competitors. For the Construction industry, the median Days Inventory is 49.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Henan Zhongyuan Expressway Co's current Days Inventory is 473.68, which is 27% above median its own 10-year median of 372.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Henan Zhongyuan Expressway Co stock overvalued right now?
Based on GuruFocus' analysis, Henan Zhongyuan Expressway Co (SHSE:600020) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.77, compared to a current price of ¥3.86 — trading 19.1% below its estimated fair value. The current Days Inventory is 473.68, which is 27% above median its 10-year median of 372.42 and 851.1% above the Construction industry median of 49.81. Henan Zhongyuan Expressway Co's overall GF Score™ is 56/100 with 7 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 Henan Zhongyuan Expressway Co (SHSE:600020), the current Days Inventory is 473.68 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 Henan Zhongyuan Expressway Co (SHSE:600020) Overvalued in 2026?

Based on GuruFocus' analysis, Henan Zhongyuan Expressway Co stock appears to be undervalued. The current stock price of ¥3.86 is trading 19.1% below its estimated GF Value™ of ¥4.77. GuruFocus considers Henan Zhongyuan Expressway Co to be Modestly Undervalued.

Key valuation signals for SHSE:600020:

  • Days Inventory: 473.68 (27% above median its 10-year median of 372.42)
  • GF Value™: ¥4.77 vs. price of ¥3.86 (19.1% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 851.1% above the Construction median (#1391 of 1488)

No single metric tells the full story. See the SHSE:600020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Henan Zhongyuan Expressway Co Business Description

Address No. 93 Zhongyuan Road, Zhengzhou, Henan, CHN, 450052
Henan Zhongyuan Expressway Co Ltd engages in investment, operation, management, and maintenance of high-grade highways, independent bridges, and other transportation infrastructure projects. It operates Zhengxi, Zhumadian, Zhengzhou, Pingdingshan, Zhengxin yellow river bridge, Zhengkai, Shangqiu, and Jixian County projects. The company also engages in the highway construction, management, investment, and financing systems.
56GF Score

Get the complete analysis for SHSE:600020

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

¥3.86
Price
¥4.77
GF Value