What is Zhejiang Zheneng Electric Power Co Days Inventory?
Zhejiang Zheneng Electric Power CoSHSE:600023 +1.69%75 Days Inventory is 37.90 as of Mar. 2026, which is 76% above its 10-year median of 21.50. GuruFocus rates SHSE:600023 with a GF Score™ of 75/100 and a GF Value™ of ¥4.84 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 333 Utilities - Independent Power Producers companies, Zhejiang Zheneng Electric Power Co ranks better than 50.15% on this metric.
SHSE:600023'
s Days Inventory Range Over the Past 10 Years
Min: 17.77 Med: 21.5 Max: 32.4
Current: 27.9
During the past 13 years, Zhejiang Zheneng Electric Power Co's highest Days Inventory was 32.40. The lowest was 17.77. And the median was 21.50.
SHSE:600023's Days Inventory is ranked better than 50.15% of 333
companies
in the Utilities - Independent Power Producers industry
Industry Median: 27.9
vs SHSE:600023: 27.90
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhejiang Zheneng Electric Power Co's Inventory Turnover for the
three
months ended in Mar. 2026 was 2.41.
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.
Zhejiang Zheneng Electric Power Co's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.39.
Zhejiang Zheneng Electric Power Co (SHSE:600023) 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.
Zhejiang Zheneng Electric Power 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.
Zhejiang Zheneng Electric Power 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.
Zhejiang Zheneng Electric Power Co Days Inventory Related Terms
Zhejiang Zheneng Electric Power Co Days Inventory Historical Data
* 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.
Zhejiang Zheneng Electric Power Co Days Inventory Chart
SHSE:600023 vs CEG, VST, NRG: Days Inventory Comparison
For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power 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.
Zhejiang Zheneng Electric Power Co Days Inventory vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Zhejiang Zheneng Electric Power Co'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.
Zhejiang Zheneng Electric Power Co (SHSE:600023) has a Days Inventory of 37.90 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zhejiang Zheneng Electric Power Co and its competitors. This is 76% above median its historical median of 21.50. Over the past decade, Zhejiang Zheneng Electric Power Co's Days Inventory has ranged from 17.77 to 32.40. According to the industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #166 out of 333 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.8%.
Is Zhejiang Zheneng Electric Power Co's Days Inventory too high?
Zhejiang Zheneng Electric Power Co's current Days Inventory of 37.90 is 76% above median its 10-year median of 21.50. Over the past 10 years, this metric has ranged from a low of 17.77 to a high of 32.40. The Utilities - Independent Power Producers industry median Days Inventory is 27.90. Zhejiang Zheneng Electric Power Co's value of 37.90 is 35.8% above this industry median. Based on the distribution chart, Zhejiang Zheneng Electric Power Co ranks #166 out of 333 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Zhejiang Zheneng Electric Power Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Zheneng Electric Power Co's Days Inventory compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Zheneng Electric Power Co ranks #166 out of 333 companies for Days Inventory. This puts Zhejiang Zheneng Electric Power Co in the upper half of its industry. The industry median Days Inventory is 27.90. Zhejiang Zheneng Electric Power Co's value of 37.90 is 35.8% above this benchmark. Historically, Zhejiang Zheneng Electric Power Co's own Days Inventory has ranged from 17.77 to 32.40 over the past decade. While the company's 10-year median is 21.50 vs. the industry median of 27.90, Zhejiang Zheneng Electric Power 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 an Utilities - Independent Power Producers company?
The median Days Inventory among Utilities - Independent Power Producers companies is 27.90, based on 333 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. Zhejiang Zheneng Electric Power Co's current Days Inventory of 37.90 is 35.8% 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 Zhejiang Zheneng Electric Power Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Inventory is 27.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Zheneng Electric Power Co's current Days Inventory is 37.90, which is 76% above median its own 10-year median of 21.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Zheneng Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Zheneng Electric Power Co (SHSE:600023) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.84, compared to a current price of ¥5.40 — trading 11.6% above its estimated fair value. The current Days Inventory is 37.90, which is 76% above median its 10-year median of 21.50 and 35.8% above the Utilities - Independent Power Producers industry median of 27.90. Zhejiang Zheneng Electric Power Co's overall GF Score™ is 75/100 with 3 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 Zhejiang Zheneng Electric Power Co (SHSE:600023), the current Days Inventory is 37.90 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 Zhejiang Zheneng Electric Power Co (SHSE:600023) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Zheneng Electric Power Co stock appears to be overvalued.
The current stock price of ¥5.40 is trading 11.6% above its estimated GF Value™ of ¥4.84.
GuruFocus considers Zhejiang Zheneng Electric Power Co to be Modestly Overvalued.
Key valuation signals for SHSE:600023:
Days Inventory: 37.90 (76% above median its 10-year median of 21.50)
GF Value™: ¥4.84 vs. price of ¥5.40 (11.6% above fair value)
Industry Position: 35.8% above the Utilities - Independent Power Producers median (#166 of 333)
No single metric tells the full story. See the SHSE:600023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Zheneng Electric Power Co Business Description
AddressNo. 36, Zijinghua Road, 10th Floor, Building A, Zhejiang Energy Science and Technology Innovation Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310013
Zhejiang Zheneng Electric Power Co Ltd is engaged in the thermal power generation business in China. It also provides thermal products, as well as invests in nuclear power.
75GF Score
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