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North Electro-Optic CoSHSE:600184 +2.83%59 Days Inventory is 263.68 as of Mar. 2026, which is 203% above its 10-year median of 87.16. GuruFocus rates SHSE:600184 with a GF Score™ of 59/100 and a GF Value™ of ¥13.31 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 328 Aerospace & Defense companies, North Electro-Optic Co ranks better than 52.13% on this metric.
The historical rank and industry rank for North Electro-Optic Co's Days Inventory or its related term are showing as below:
SHSE:600184'
s Days Inventory Range Over the Past 10 Years
Min: 56.84 Med: 87.16 Max: 164.54
Current: 133.67
During the past 13 years, North Electro-Optic Co's highest Days Inventory was 164.54. The lowest was 56.84. And the median was 87.16.
SHSE:600184's Days Inventory is ranked better than 52.13% of 328
companies
in the Aerospace & Defense industry
Industry Median: 139.17
vs SHSE:600184: 133.67
Inventory Turnover measures how fast the company turns over its inventory within a year.
North Electro-Optic Co's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.35.
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.
North Electro-Optic Co's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 2.07.
North Electro-Optic Co (SHSE:600184) 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.
North Electro-Optic 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.
North Electro-Optic 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.
North Electro-Optic Co Days Inventory Related Terms
North Electro-Optic Co Days Inventory Historical Data
* Premium members only.
The historical data trend for North Electro-Optic 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.
SHSE:600184 vs SPCX, GE, RTX: Days Inventory Comparison
For the Aerospace & Defense subindustry, North Electro-Optic 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.
North Electro-Optic Co Days Inventory vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, North Electro-Optic Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where North Electro-Optic 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.
North Electro-Optic Co (SHSE:600184) has a Days Inventory of 263.68 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on North Electro-Optic Co and its competitors. This is 203% above median its historical median of 87.16. Over the past decade, North Electro-Optic Co's Days Inventory has ranged from 56.84 to 164.54. According to the industry distribution chart, North Electro-Optic Co ranks #157 out of 328 companies in the Aerospace & Defense industry, placing it in the top 47.9%.
Is North Electro-Optic Co's Days Inventory too high?
North Electro-Optic Co's current Days Inventory of 263.68 is 203% above median its 10-year median of 87.16. Over the past 10 years, this metric has ranged from a low of 56.84 to a high of 164.54. The Aerospace & Defense industry median Days Inventory is 139.17. North Electro-Optic Co's value of 263.68 is 89.5% above this industry median. Based on the distribution chart, North Electro-Optic Co ranks #157 out of 328 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, North Electro-Optic Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does North Electro-Optic Co's Days Inventory compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, North Electro-Optic Co ranks #157 out of 328 companies for Days Inventory. This puts North Electro-Optic Co in the upper half of its industry. The industry median Days Inventory is 139.17. North Electro-Optic Co's value of 263.68 is 89.5% above this benchmark. Historically, North Electro-Optic Co's own Days Inventory has ranged from 56.84 to 164.54 over the past decade. While the company's 10-year median is 87.16 vs. the industry median of 139.17, North Electro-Optic 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 Aerospace & Defense company?
The median Days Inventory among Aerospace & Defense companies is 139.17, based on 328 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. North Electro-Optic Co's current Days Inventory of 263.68 is 89.5% 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 North Electro-Optic Co and its competitors. For the Aerospace & Defense industry, the median Days Inventory is 139.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Electro-Optic Co's current Days Inventory is 263.68, which is 203% above median its own 10-year median of 87.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Electro-Optic Co stock overvalued right now?
Based on GuruFocus' analysis, North Electro-Optic Co (SHSE:600184) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.31, compared to a current price of ¥17.08 — trading 28.3% above its estimated fair value. The current Days Inventory is 263.68, which is 203% above median its 10-year median of 87.16 and 89.5% above the Aerospace & Defense industry median of 139.17. North Electro-Optic Co's overall GF Score™ is 59/100 with 6 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 North Electro-Optic Co (SHSE:600184), the current Days Inventory is 263.68 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 North Electro-Optic Co (SHSE:600184) Overvalued in 2026?
Based on GuruFocus' analysis, North Electro-Optic Co stock appears to be overvalued.
The current stock price of ¥17.08 is trading 28.3% above its estimated GF Value™ of ¥13.31.
GuruFocus considers North Electro-Optic Co to be Modestly Overvalued.
Key valuation signals for SHSE:600184:
Days Inventory: 263.68 (203% above median its 10-year median of 87.16)
GF Value™: ¥13.31 vs. price of ¥17.08 (28.3% above fair value)
Industry Position: 89.5% above the Aerospace & Defense median (#157 of 328)
No single metric tells the full story. See the SHSE:600184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North Electro-Optic Co Ltd is a China-based company mainly engaged in the research and development, design, manufacture, and distribution of optoelectronic defense products. The company is also engaged in the manufacture and sales of optoelectronic materials and components.
59GF Score
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