Shandong Iron & Steel Co (SHSE:600022) Days Inventory: 42.66 (As of Mar. 2026) — 70% Above Median


SHSE:600022 Shandong Iron & Steel Co Ltd SHSE:600022
50 GF Score
Price ¥1.27
GF Value ¥1.10
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Shandong Iron & Steel Co Days Inventory?

Shandong Iron & Steel Co SHSE:600022 50 Days Inventory is 42.66 as of Mar. 2026, which is 70% above its 10-year median of 25.12. GuruFocus rates SHSE:600022 with a GF Score™ of 50/100 and a GF Value™ of ¥1.10 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 581 Steel companies, Shandong Iron & Steel Co ranks better than 88.12% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shandong Iron & Steel Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥6,342 Mil. Shandong Iron & Steel Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥13,567 Mil. Hence, Shandong Iron & Steel Co's Days Inventory for the three months ended in Mar. 2026 was 42.66.

The historical rank and industry rank for Shandong Iron & Steel Co's Days Inventory or its related term are showing as below:

SHSE:600022' s Days Inventory Range Over the Past 10 Years
Min: 20.14   Med: 25.12   Max: 38.28
Current: 34.94

During the past 13 years, Shandong Iron & Steel Co's highest Days Inventory was 38.28. The lowest was 20.14. And the median was 25.12.

SHSE:600022's Days Inventory is ranked better than
88.12% of 581 companies
in the Steel industry
Industry Median: 86.42 vs SHSE:600022: 34.94

Shandong Iron & Steel Co's Days Inventory increased from Mar. 2025 (32.02) to Mar. 2026 (42.66). It might indicate that Shandong Iron & Steel Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shandong Iron & Steel Co's Inventory Turnover for the three months ended in Mar. 2026 was 2.14.

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. Shandong Iron & Steel Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.43.


Shandong Iron & Steel Co  (SHSE:600022) 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.

Shandong Iron & Steel 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.

Shandong Iron & Steel Co's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=6341.8165 / 14726.388
=0.43

* 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.


Shandong Iron & Steel Co Days Inventory Related Terms


Shandong Iron & Steel Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Shandong Iron & Steel 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.

Shandong Iron & Steel Co Days Inventory Chart

Shandong Iron & Steel 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 20.14 20.96 20.59 27.94 38.28

Shandong Iron & Steel 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 32.02 24.91 26.23 53.80 42.66

SHSE:600022 vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Shandong Iron & Steel 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.


Shandong Iron & Steel Co Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Shandong Iron & Steel Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shandong Iron & Steel Co's Days Inventory falls into.


SHSE:600022
50GF Score
Shandong Iron & Steel Co Ltd SHSE:600022
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shandong Iron & Steel Co Days Inventory Calculation

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

Shandong Iron & Steel 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
=( (6543.342 + 6237.003) / 2 ) / 60930.362*365
=6390.1725 / 60930.362*365
=38.28

Shandong Iron & Steel 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
=( (6237.003 + 6446.63) / 2 ) / 13566.521*365 / 4
=6341.8165 / 13566.521*365 / 4
=42.66

* 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 42.66 mean?
Shandong Iron & Steel Co (SHSE:600022) has a Days Inventory of 42.66 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shandong Iron & Steel Co and its competitors. This is 70% above median its historical median of 25.12. Over the past decade, Shandong Iron & Steel Co's Days Inventory has ranged from 20.14 to 38.28. According to the industry distribution chart, Shandong Iron & Steel Co ranks #69 out of 581 companies in the Steel industry, placing it in the top 11.9%.
Is Shandong Iron & Steel Co's Days Inventory too high?
Shandong Iron & Steel Co's current Days Inventory of 42.66 is 70% above median its 10-year median of 25.12. Over the past 10 years, this metric has ranged from a low of 20.14 to a high of 38.28. The Steel industry median Days Inventory is 86.42. Shandong Iron & Steel Co's value of 42.66 is 50.6% below this industry median. Based on the distribution chart, Shandong Iron & Steel Co ranks #69 out of 581 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Iron & Steel Co has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Iron & Steel Co's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Shandong Iron & Steel Co ranks #69 out of 581 companies for Days Inventory. This places Shandong Iron & Steel Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.42. Shandong Iron & Steel Co's value of 42.66 is 50.6% below this benchmark. Historically, Shandong Iron & Steel Co's own Days Inventory has ranged from 20.14 to 38.28 over the past decade. While the company's 10-year median is 25.12 vs. the industry median of 86.42, Shandong Iron & Steel Co 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 Steel company?
The median Days Inventory among Steel companies is 86.42, based on 581 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. Shandong Iron & Steel Co's current Days Inventory of 42.66 is 50.6% 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 Shandong Iron & Steel Co and its competitors. For the Steel industry, the median Days Inventory is 86.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Iron & Steel Co's current Days Inventory is 42.66, which is 70% above median its own 10-year median of 25.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Iron & Steel Co (SHSE:600022) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥1.10, compared to a current price of ¥1.27 — trading 15.5% above its estimated fair value. The current Days Inventory is 42.66, which is 70% above median its 10-year median of 25.12 and 50.6% below the Steel industry median of 86.42. Shandong Iron & Steel Co's overall GF Score™ is 50/100 with 9 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 Shandong Iron & Steel Co (SHSE:600022), the current Days Inventory is 42.66 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 Shandong Iron & Steel Co (SHSE:600022) Overvalued in 2026?

Based on GuruFocus' analysis, Shandong Iron & Steel Co stock appears to be overvalued. The current stock price of ¥1.27 is trading 15.5% above its estimated GF Value™ of ¥1.10. GuruFocus considers Shandong Iron & Steel Co to be Modestly Overvalued.

Key valuation signals for SHSE:600022:

  • Days Inventory: 42.66 (70% above median its 10-year median of 25.12)
  • GF Value™: ¥1.10 vs. price of ¥1.27 (15.5% above fair value)
  • GF Score™: 50/100 with 9 warning signs
  • Industry Position: 50.6% below the Steel median (#69 of 581)

No single metric tells the full story. See the SHSE:600022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shandong Iron & Steel Co Business Description

Address No. 21, Gongye North Road, Licheng District, Shandong Province, Jinan, CHN, 250101
Shandong Iron & Steel Co Ltd is a China-based company engaged in manufacturing and marketing steel materials. The company produces cold-formed steel, galvanized coil, composite board, hot rolled equal angle steel, hot-rolled channel steel and other products.
50GF Score

Get the complete analysis for SHSE:600022

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

¥1.27
Price
¥1.10
GF Value