SHSE:600032's Days Inventory is ranked better than 95.8% of 333
companies
in the Utilities - Independent Power Producers industry
Industry Median: 28.73
vs SHSE:600032: 1.11
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhejiang Provincial New Energy Investment Group Co's Inventory Turnover for the
three
months ended in Mar. 2026 was 68.57.
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 Provincial New Energy Investment Group Co's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.01.
Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) 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 Provincial New Energy Investment Group 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 Provincial New Energy Investment Group 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 Provincial New Energy Investment Group Co Days Inventory Related Terms
Zhejiang Provincial New Energy Investment Group 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 Provincial New Energy Investment Group Co Days Inventory Chart
Zhejiang Provincial New Energy Investment Group Co Annual Data
* 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 Provincial New Energy Investment Group Co Days Inventory vs Utilities - Independent Power Producers Industry
* 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 Provincial New Energy Investment Group Co (SHSE:600032) has a Days Inventory of 1.33 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zhejiang Provincial New Energy Investment Group Co and its competitors. This is 22% below median its historical median of 1.70. Over the past decade, Zhejiang Provincial New Energy Investment Group Co's Days Inventory has ranged from 1.11 to 2.87. According to the industry distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #14 out of 333 companies in the Utilities - Independent Power Producers industry, placing it in the top 4.2%.
Is Zhejiang Provincial New Energy Investment Group Co's Days Inventory too high?
Zhejiang Provincial New Energy Investment Group Co's current Days Inventory of 1.33 is 22% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 2.87. The Utilities - Independent Power Producers industry median Days Inventory is 28.73. Zhejiang Provincial New Energy Investment Group Co's value of 1.33 is 95.4% below this industry median. Based on the distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #14 out of 333 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Provincial New Energy Investment Group Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Provincial New Energy Investment Group Co's Days Inventory compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zhejiang Provincial New Energy Investment Group Co ranks #14 out of 333 companies for Days Inventory. This places Zhejiang Provincial New Energy Investment Group Co in the top 4% of its industry — outperforming the majority of peers. The industry median Days Inventory is 28.73. Zhejiang Provincial New Energy Investment Group Co's value of 1.33 is 95.4% below this benchmark. Historically, Zhejiang Provincial New Energy Investment Group Co's own Days Inventory has ranged from 1.11 to 2.87 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 28.73, Zhejiang Provincial New Energy Investment Group 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 an Utilities - Independent Power Producers company?
The median Days Inventory among Utilities - Independent Power Producers companies is 28.73, 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 Provincial New Energy Investment Group Co's current Days Inventory of 1.33 is 95.4% 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 Zhejiang Provincial New Energy Investment Group Co and its competitors. For the Utilities - Independent Power Producers industry, the median Days Inventory is 28.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Provincial New Energy Investment Group Co's current Days Inventory is 1.33, which is 22% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Provincial New Energy Investment Group Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Provincial New Energy Investment Group Co (SHSE:600032) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.51, compared to a current price of ¥6.49 — trading 13.6% below its estimated fair value. The current Days Inventory is 1.33, which is 22% below median its 10-year median of 1.70 and 95.4% below the Utilities - Independent Power Producers industry median of 28.73. Zhejiang Provincial New Energy Investment Group Co's overall GF Score™ is 74/100 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 Zhejiang Provincial New Energy Investment Group Co (SHSE:600032), the current Days Inventory is 1.33 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 Provincial New Energy Investment Group Co (SHSE:600032) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Provincial New Energy Investment Group Co stock appears to be undervalued.
The current stock price of ¥6.49 is trading 13.6% below its estimated GF Value™ of ¥7.51.
GuruFocus considers Zhejiang Provincial New Energy Investment Group Co to be Modestly Undervalued.
Key valuation signals for SHSE:600032:
Days Inventory: 1.33 (22% below median its 10-year median of 1.70)
GF Value™: ¥7.51 vs. price of ¥6.49 (13.6% below fair value)
Industry Position: 95.4% below the Utilities - Independent Power Producers median (#14 of 333)
No single metric tells the full story. See the SHSE:600032 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Provincial New Energy Investment Group Co Business Description
Zhejiang Provincial New Energy Investment Group Co Ltd is engaged in the investment, development, construction and operation management of renewable energy projects such as hydropower, photovoltaic power generation, and wind power generation.
74GF Score
Get the complete analysis for SHSE:600032
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