China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Days Inventory: 146.92 (As of Mar. 2026) — 22% Below Median

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SHSE:600111 China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111
86 GF Score
Price ¥37.45
GF Value ¥32.32
Valuation Modestly Overvalued
! 5 Warning Signs
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What is China Northern Rare Earth (Group) High-Tech Co Days Inventory?

China Northern Rare Earth (Group) High-Tech Co SHSE:600111 -3.65% 86 Days Inventory is 146.92 as of Mar. 2026, which is 22% below its 10-year median of 188.58. GuruFocus rates SHSE:600111 with a GF Score™ of 86/100 and a GF Value™ of ¥32.32 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 686 Metals & Mining companies, China Northern Rare Earth (Group) High-Tech Co ranks worse than 75.36% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). China Northern Rare Earth (Group) High-Tech Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥16,569 Mil. China Northern Rare Earth (Group) High-Tech Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥10,291 Mil. Hence, China Northern Rare Earth (Group) High-Tech Co's Days Inventory for the three months ended in Mar. 2026 was 146.92.

The historical rank and industry rank for China Northern Rare Earth (Group) High-Tech Co's Days Inventory or its related term are showing as below:

SHSE:600111' s Days Inventory Range Over the Past 10 Years
Min: 146.28   Med: 188.58   Max: 461.91
Current: 146.28

During the past 13 years, China Northern Rare Earth (Group) High-Tech Co's highest Days Inventory was 461.91. The lowest was 146.28. And the median was 188.58.

SHSE:600111's Days Inventory is ranked worse than
75.36% of 686 companies
in the Metals & Mining industry
Industry Median: 86.445 vs SHSE:600111: 146.28

China Northern Rare Earth (Group) High-Tech Co's Days Inventory declined from Mar. 2025 (175.96) to Mar. 2026 (146.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Northern Rare Earth (Group) High-Tech Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.62.

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. China Northern Rare Earth (Group) High-Tech Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.40.


China Northern Rare Earth (Group) High-Tech Co  (SHSE:600111) 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.

China Northern Rare Earth (Group) High-Tech 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.

China Northern Rare Earth (Group) High-Tech Co's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=16568.781 / 11858.916
=1.40

* 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.


China Northern Rare Earth (Group) High-Tech Co Days Inventory Related Terms


China Northern Rare Earth (Group) High-Tech Co Days Inventory Historical Data

* Premium members only.

The historical data trend for China Northern Rare Earth (Group) High-Tech 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.

China Northern Rare Earth (Group) High-Tech Co Days Inventory Chart

China Northern Rare Earth (Group) High-Tech 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 160.41 168.42 187.17 189.98 161.39

China Northern Rare Earth (Group) High-Tech 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 175.96 174.63 133.75 134.22 146.92

China Northern Rare Earth (Group) High-Tech Co Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, China Northern Rare Earth (Group) High-Tech 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.


China Northern Rare Earth (Group) High-Tech Co Days Inventory vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Northern Rare Earth (Group) High-Tech Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Northern Rare Earth (Group) High-Tech Co's Days Inventory falls into.


SHSE:600111
86GF Score
China Northern Rare Earth (Group) High-Tech Co Ltd SHSE:600111
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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China Northern Rare Earth (Group) High-Tech Co Days Inventory Calculation

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

China Northern Rare Earth (Group) High-Tech 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
=( (15975.158 + 17069.008) / 2 ) / 37367.294*365
=16522.083 / 37367.294*365
=161.39

China Northern Rare Earth (Group) High-Tech 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
=( (17069.008 + 16068.554) / 2 ) / 10290.719*365 / 4
=16568.781 / 10290.719*365 / 4
=146.92

* 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 146.92 mean?
China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) has a Days Inventory of 146.92 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on China Northern Rare Earth (Group) High-Tech Co and its competitors. This is 22% below median its historical median of 188.58. Over the past decade, China Northern Rare Earth (Group) High-Tech Co's Days Inventory has ranged from 146.28 to 461.91. According to the industry distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #517 out of 686 companies in the Metals & Mining industry, placing it in the top 75.4%.
Is China Northern Rare Earth (Group) High-Tech Co's Days Inventory too high?
China Northern Rare Earth (Group) High-Tech Co's current Days Inventory of 146.92 is 22% below median its 10-year median of 188.58. Over the past 10 years, this metric has ranged from a low of 146.28 to a high of 461.91. The Metals & Mining industry median Days Inventory is 86.45. China Northern Rare Earth (Group) High-Tech Co's value of 146.92 is 70% above this industry median. Based on the distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #517 out of 686 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, China Northern Rare Earth (Group) High-Tech Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Northern Rare Earth (Group) High-Tech Co's Days Inventory compare to competitors?
According to the Metals & Mining industry distribution chart, China Northern Rare Earth (Group) High-Tech Co ranks #517 out of 686 companies for Days Inventory. This places China Northern Rare Earth (Group) High-Tech Co in the lower half of its industry. The industry median Days Inventory is 86.45. China Northern Rare Earth (Group) High-Tech Co's value of 146.92 is 70% above this benchmark. Historically, China Northern Rare Earth (Group) High-Tech Co's own Days Inventory has ranged from 146.28 to 461.91 over the past decade. While the company's 10-year median is 188.58 vs. the industry median of 86.45, China Northern Rare Earth (Group) High-Tech 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 Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.45, based on 686 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. China Northern Rare Earth (Group) High-Tech Co's current Days Inventory of 146.92 is 70% 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 China Northern Rare Earth (Group) High-Tech Co and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Northern Rare Earth (Group) High-Tech Co's current Days Inventory is 146.92, which is 22% below median its own 10-year median of 188.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Northern Rare Earth (Group) High-Tech Co stock overvalued right now?
Based on GuruFocus' analysis, China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥32.32, compared to a current price of ¥37.45 — trading 15.9% above its estimated fair value. The current Days Inventory is 146.92, which is 22% below median its 10-year median of 188.58 and 70% above the Metals & Mining industry median of 86.45. China Northern Rare Earth (Group) High-Tech Co's overall GF Score™ is 86/100 with 5 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 China Northern Rare Earth (Group) High-Tech Co (SHSE:600111), the current Days Inventory is 146.92 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 China Northern Rare Earth (Group) High-Tech Co (SHSE:600111) Overvalued in 2026?

Based on GuruFocus' analysis, China Northern Rare Earth (Group) High-Tech Co stock appears to be overvalued. The current stock price of ¥37.45 is trading 15.9% above its estimated GF Value™ of ¥32.32. GuruFocus considers China Northern Rare Earth (Group) High-Tech Co to be Modestly Overvalued.

Key valuation signals for SHSE:600111:

  • Days Inventory: 146.92 (22% below median its 10-year median of 188.58)
  • GF Value™: ¥32.32 vs. price of ¥37.45 (15.9% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 70% above the Metals & Mining median (#517 of 686)

No single metric tells the full story. See the SHSE:600111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Northern Rare Earth (Group) High-Tech Co Business Description

Other Exchanges CNRE80:Thailand
Address No. 83 Huanghe Street, Rare Earth High-tech Industrial Development Zone, Inner Mongolia Autonomous Region, Baotou, CHN, 014030
China Northern Rare Earth (Group) High-Tech Co Ltd is a China-based company operating in the non-ferrous metal smelting and rolling processing industry. It refines and sells rare earth minerals and resources. The company operates through four segments. The Trading Business segment focuses on the distribution of rare earth raw materials. The Production Business segment is involved in the manufacturing of these raw materials. The Rare Earth Functional Materials and Application Products segment covers the development and sale of rare earth-based materials and their applications. The Environmental Protection Industry and Others segment provides services related to environmental management, including the treatment and recycling of waste gas, wastewater, and solid waste.
86GF Score

Get the complete analysis for SHSE:600111

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

¥37.45
Price
¥32.32
GF Value