Ningbo United Group Co (SHSE:600051) Days Inventory: 816.53 (As of Mar. 2026) — 161% Above Median

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SHSE:600051 Ningbo United Group Co Ltd SHSE:600051
55 GF Score
Price ¥5.94
GF Value ¥4.25
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ningbo United Group Co Days Inventory?

Ningbo United Group Co SHSE:600051 +2.41% 55 Days Inventory is 816.53 as of Mar. 2026, which is 161% above its 10-year median of 312.72. GuruFocus rates SHSE:600051 with a GF Score™ of 55/100 and a GF Value™ of ¥4.25 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 154 Industrial Distribution companies, Ningbo United Group Co ranks worse than 98.05% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ningbo United Group Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥1,103 Mil. Ningbo United Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥123 Mil. Hence, Ningbo United Group Co's Days Inventory for the three months ended in Mar. 2026 was 816.53.

The historical rank and industry rank for Ningbo United Group Co's Days Inventory or its related term are showing as below:

SHSE:600051' s Days Inventory Range Over the Past 10 Years
Min: 252.8   Med: 312.72   Max: 556.86
Current: 448.31

During the past 13 years, Ningbo United Group Co's highest Days Inventory was 556.86. The lowest was 252.80. And the median was 312.72.

SHSE:600051's Days Inventory is ranked worse than
98.05% of 154 companies
in the Industrial Distribution industry
Industry Median: 91.475 vs SHSE:600051: 448.31

Ningbo United Group Co's Days Inventory increased from Mar. 2025 (360.07) to Mar. 2026 (816.53). It might indicate that Ningbo United Group Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo United Group Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.11.

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. Ningbo United Group Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 7.40.


Ningbo United Group Co  (SHSE:600051) 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.

Ningbo United 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.

Ningbo United 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.


Ningbo United Group Co Days Inventory Related Terms


Ningbo United Group Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Ningbo United Group 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.

Ningbo United Group Co Days Inventory Chart

Ningbo United Group 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 276.43 287.57 396.16 296.66 372.03

Ningbo United Group 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 360.07 438.37 396.43 363.28 816.53

SHSE:600051 vs GWW, FAST, FERG: Days Inventory Comparison

For the Industrial Distribution subindustry, Ningbo United Group 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.


Ningbo United Group Co Days Inventory vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ningbo United Group Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ningbo United Group Co's Days Inventory falls into.


SHSE:600051
55GF Score
Ningbo United Group Co Ltd SHSE:600051
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo United Group Co Days Inventory Calculation

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

Ningbo United Group 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
=( (1182.863 + 1106.959) / 2 ) / 1123.285*365
=1144.911 / 1123.285*365
=372.03

Ningbo United Group 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
=( (1106.959 + 1099.061) / 2 ) / 123.265*365 / 4
=1103.01 / 123.265*365 / 4
=816.53

* 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 816.53 mean?
Ningbo United Group Co (SHSE:600051) has a Days Inventory of 816.53 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ningbo United Group Co and its competitors. This is 161% above median its historical median of 312.72. Over the past decade, Ningbo United Group Co's Days Inventory has ranged from 252.80 to 556.86. According to the industry distribution chart, Ningbo United Group Co ranks #151 out of 154 companies in the Industrial Distribution industry, placing it in the top 98.1%.
Is Ningbo United Group Co's Days Inventory too high?
Ningbo United Group Co's current Days Inventory of 816.53 is 161% above median its 10-year median of 312.72. Over the past 10 years, this metric has ranged from a low of 252.80 to a high of 556.86. The Industrial Distribution industry median Days Inventory is 91.48. Ningbo United Group Co's value of 816.53 is 792.6% above this industry median. Based on the distribution chart, Ningbo United Group Co ranks #151 out of 154 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, Ningbo United Group Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo United Group Co's Days Inventory compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ningbo United Group Co ranks #151 out of 154 companies for Days Inventory. This places Ningbo United Group Co in the lower half of its industry. The industry median Days Inventory is 91.48. Ningbo United Group Co's value of 816.53 is 792.6% above this benchmark. Historically, Ningbo United Group Co's own Days Inventory has ranged from 252.80 to 556.86 over the past decade. While the company's 10-year median is 312.72 vs. the industry median of 91.48, Ningbo United Group 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 Industrial Distribution company?
The median Days Inventory among Industrial Distribution companies is 91.48, based on 154 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. Ningbo United Group Co's current Days Inventory of 816.53 is 792.6% 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 Ningbo United Group Co and its competitors. For the Industrial Distribution industry, the median Days Inventory is 91.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo United Group Co's current Days Inventory is 816.53, which is 161% above median its own 10-year median of 312.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo United Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo United Group Co (SHSE:600051) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥4.25, compared to a current price of ¥5.94 — trading 39.8% above its estimated fair value. The current Days Inventory is 816.53, which is 161% above median its 10-year median of 312.72 and 792.6% above the Industrial Distribution industry median of 91.48. Ningbo United Group Co's overall GF Score™ is 55/100 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 Ningbo United Group Co (SHSE:600051), the current Days Inventory is 816.53 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 Ningbo United Group Co (SHSE:600051) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo United Group Co stock appears to be overvalued. The current stock price of ¥5.94 is trading 39.8% above its estimated GF Value™ of ¥4.25. GuruFocus considers Ningbo United Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600051:

  • Days Inventory: 816.53 (161% above median its 10-year median of 312.72)
  • GF Value™: ¥4.25 vs. price of ¥5.94 (39.8% above fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 792.6% above the Industrial Distribution median (#151 of 154)

No single metric tells the full story. See the SHSE:600051 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo United Group Co Business Description

Address United Building No. 1 Donghai Road, Economic Development Zone, Zhejiang Province, Ningbo, CHN, 315803
Ningbo United Group Co Ltd is engaged in the development, manufacturing of energy, transportation, communications, municipal infrastructure, environmental protection equipment, instruments, general machinery, and electrical products.
55GF Score

Get the complete analysis for SHSE:600051

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

¥5.94
Price
¥4.25
GF Value