Fujian Qingshan Paper Industry Co (SHSE:600103) Days Inventory: 120.50 (As of Mar. 2026) — 27% Above Median

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SHSE:600103 Fujian Qingshan Paper Industry Co Ltd SHSE:600103
65 GF Score
Price ¥2.78
GF Value ¥2.08
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Fujian Qingshan Paper Industry Co Days Inventory?

Fujian Qingshan Paper Industry Co SHSE:600103 -0.71% 65 Days Inventory is 120.50 as of Mar. 2026, which is 27% above its 10-year median of 94.91. GuruFocus rates SHSE:600103 with a GF Score™ of 65/100 and a GF Value™ of ¥2.08 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 271 Forest Products companies, Fujian Qingshan Paper Industry Co ranks worse than 61.99% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Fujian Qingshan Paper Industry Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥623 Mil. Fujian Qingshan Paper Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥471 Mil. Hence, Fujian Qingshan Paper Industry Co's Days Inventory for the three months ended in Mar. 2026 was 120.50.

The historical rank and industry rank for Fujian Qingshan Paper Industry Co's Days Inventory or its related term are showing as below:

SHSE:600103' s Days Inventory Range Over the Past 10 Years
Min: 90.8   Med: 94.91   Max: 120.35
Current: 108.98

During the past 13 years, Fujian Qingshan Paper Industry Co's highest Days Inventory was 120.35. The lowest was 90.80. And the median was 94.91.

SHSE:600103's Days Inventory is ranked worse than
61.99% of 271 companies
in the Forest Products industry
Industry Median: 89.63 vs SHSE:600103: 108.98

Fujian Qingshan Paper Industry Co's Days Inventory increased from Mar. 2025 (103.20) to Mar. 2026 (120.50). It might indicate that Fujian Qingshan Paper Industry Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fujian Qingshan Paper Industry Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.76.

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. Fujian Qingshan Paper Industry Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.09.


Fujian Qingshan Paper Industry Co  (SHSE:600103) 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.

Fujian Qingshan Paper Industry 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.

Fujian Qingshan Paper Industry 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.


Fujian Qingshan Paper Industry Co Days Inventory Related Terms


Fujian Qingshan Paper Industry Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Fujian Qingshan Paper Industry 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.

Fujian Qingshan Paper Industry Co Days Inventory Chart

Fujian Qingshan Paper Industry 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 90.80 93.93 92.94 92.57 111.18

Fujian Qingshan Paper Industry 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 103.20 110.24 109.09 99.03 120.50

Fujian Qingshan Paper Industry Co Days Inventory Competitor Comparison

For the Paper & Paper Products subindustry, Fujian Qingshan Paper Industry 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.


Fujian Qingshan Paper Industry Co Days Inventory vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fujian Qingshan Paper Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fujian Qingshan Paper Industry Co's Days Inventory falls into.


SHSE:600103
65GF Score
Fujian Qingshan Paper Industry Co Ltd SHSE:600103
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujian Qingshan Paper Industry Co Days Inventory Calculation

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

Fujian Qingshan Paper Industry 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
=( (569.09 + 628.489) / 2 ) / 1965.747*365
=598.7895 / 1965.747*365
=111.18

Fujian Qingshan Paper Industry 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
=( (628.489 + 616.688) / 2 ) / 471.451*365 / 4
=622.5885 / 471.451*365 / 4
=120.50

* 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 120.50 mean?
Fujian Qingshan Paper Industry Co (SHSE:600103) has a Days Inventory of 120.50 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Fujian Qingshan Paper Industry Co and its competitors. This is 27% above median its historical median of 94.91. Over the past decade, Fujian Qingshan Paper Industry Co's Days Inventory has ranged from 90.80 to 120.35. According to the industry distribution chart, Fujian Qingshan Paper Industry Co ranks #168 out of 271 companies in the Forest Products industry, placing it in the top 62%.
Is Fujian Qingshan Paper Industry Co's Days Inventory too high?
Fujian Qingshan Paper Industry Co's current Days Inventory of 120.50 is 27% above median its 10-year median of 94.91. Over the past 10 years, this metric has ranged from a low of 90.80 to a high of 120.35. The Forest Products industry median Days Inventory is 89.63. Fujian Qingshan Paper Industry Co's value of 120.50 is 34.4% above this industry median. Based on the distribution chart, Fujian Qingshan Paper Industry Co ranks #168 out of 271 companies in the Forest Products industry, which is below the industry midpoint. Overall, Fujian Qingshan Paper Industry Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fujian Qingshan Paper Industry Co's Days Inventory compare to competitors?
According to the Forest Products industry distribution chart, Fujian Qingshan Paper Industry Co ranks #168 out of 271 companies for Days Inventory. This places Fujian Qingshan Paper Industry Co in the lower half of its industry. The industry median Days Inventory is 89.63. Fujian Qingshan Paper Industry Co's value of 120.50 is 34.4% above this benchmark. Historically, Fujian Qingshan Paper Industry Co's own Days Inventory has ranged from 90.80 to 120.35 over the past decade. While the company's 10-year median is 94.91 vs. the industry median of 89.63, Fujian Qingshan Paper Industry 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 Forest Products company?
The median Days Inventory among Forest Products companies is 89.63, based on 271 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. Fujian Qingshan Paper Industry Co's current Days Inventory of 120.50 is 34.4% 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 Fujian Qingshan Paper Industry Co and its competitors. For the Forest Products industry, the median Days Inventory is 89.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujian Qingshan Paper Industry Co's current Days Inventory is 120.50, which is 27% above median its own 10-year median of 94.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujian Qingshan Paper Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Fujian Qingshan Paper Industry Co (SHSE:600103) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥2.08, compared to a current price of ¥2.78 — trading 33.7% above its estimated fair value. The current Days Inventory is 120.50, which is 27% above median its 10-year median of 94.91 and 34.4% above the Forest Products industry median of 89.63. Fujian Qingshan Paper Industry Co's overall GF Score™ is 65/100 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 Fujian Qingshan Paper Industry Co (SHSE:600103), the current Days Inventory is 120.50 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 Fujian Qingshan Paper Industry Co (SHSE:600103) Overvalued in 2026?

Based on GuruFocus' analysis, Fujian Qingshan Paper Industry Co stock appears to be overvalued. The current stock price of ¥2.78 is trading 33.7% above its estimated GF Value™ of ¥2.08. GuruFocus considers Fujian Qingshan Paper Industry Co to be Significantly Overvalued.

Key valuation signals for SHSE:600103:

  • Days Inventory: 120.50 (27% above median its 10-year median of 94.91)
  • GF Value™: ¥2.08 vs. price of ¥2.78 (33.7% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 34.4% above the Forest Products median (#168 of 271)

No single metric tells the full story. See the SHSE:600103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fujian Qingshan Paper Industry Co Business Description

Address No. 1 Qingshan Road, Qingshan Paper Industry, Qingzhou Town, Shaxian County, Fujian Province, Sanming, CHN, 365056
Fujian Qingshan Paper Industry Co Ltd is a China-based company engaged in the production and sales of paper products. Its principal products cover paper bags, pulp board, paperboard and corrugated paper products, paper products, optoelectronic products and forest products. The company distributes its products in domestic and overseas markets.
65GF Score

Get the complete analysis for SHSE:600103

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

¥2.78
Price
¥2.08
GF Value