Hangxiao Steel Structure Co (SHSE:600477) Days Inventory: 41.59 (As of Mar. 2026) — 11% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600477 Hangxiao Steel Structure Co Ltd SHSE:600477
53 GF Score
Price ¥2.37
GF Value ¥2.18
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Hangxiao Steel Structure Co Days Inventory?

Hangxiao Steel Structure Co SHSE:600477 +2.16% 53 Days Inventory is 41.59 as of Mar. 2026, which is 11% below its 10-year median of 46.92. GuruFocus rates SHSE:600477 with a GF Score™ of 53/100 and a GF Value™ of ¥2.18 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,488 Construction companies, Hangxiao Steel Structure Co ranks better than 56.12% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Hangxiao Steel Structure Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥505 Mil. Hangxiao Steel Structure Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,108 Mil. Hence, Hangxiao Steel Structure Co's Days Inventory for the three months ended in Mar. 2026 was 41.59.

The historical rank and industry rank for Hangxiao Steel Structure Co's Days Inventory or its related term are showing as below:

SHSE:600477' s Days Inventory Range Over the Past 10 Years
Min: 30.29   Med: 46.92   Max: 391.64
Current: 37.31

During the past 13 years, Hangxiao Steel Structure Co's highest Days Inventory was 391.64. The lowest was 30.29. And the median was 46.92.

SHSE:600477's Days Inventory is ranked better than
56.12% of 1488 companies
in the Construction industry
Industry Median: 49.76 vs SHSE:600477: 37.31

Hangxiao Steel Structure Co's Days Inventory declined from Mar. 2025 (42.16) to Mar. 2026 (41.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangxiao Steel Structure Co's Inventory Turnover for the three months ended in Mar. 2026 was 2.19.

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. Hangxiao Steel Structure Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.39.


Hangxiao Steel Structure Co  (SHSE:600477) 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.

Hangxiao Steel Structure 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.

Hangxiao Steel Structure 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.


Hangxiao Steel Structure Co Days Inventory Related Terms


Hangxiao Steel Structure Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Hangxiao Steel Structure 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.

Hangxiao Steel Structure Co Days Inventory Chart

Hangxiao Steel Structure 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 33.79 35.99 30.29 36.90 34.39

Hangxiao Steel Structure 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 42.16 21.12 78.98 47.15 41.59

SHSE:600477 vs PWR, FIX, EME: Days Inventory Comparison

For the Engineering & Construction subindustry, Hangxiao Steel Structure 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.


Hangxiao Steel Structure Co Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Hangxiao Steel Structure Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hangxiao Steel Structure Co's Days Inventory falls into.


SHSE:600477
53GF Score
Hangxiao Steel Structure Co Ltd SHSE:600477
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hangxiao Steel Structure Co Days Inventory Calculation

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

Hangxiao Steel Structure 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
=( (640.861 + 485.059) / 2 ) / 5975.456*365
=562.96 / 5975.456*365
=34.39

Hangxiao Steel Structure 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
=( (485.059 + 524.721) / 2 ) / 1107.762*365 / 4
=504.89 / 1107.762*365 / 4
=41.59

* 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 41.59 mean?
Hangxiao Steel Structure Co (SHSE:600477) has a Days Inventory of 41.59 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hangxiao Steel Structure Co and its competitors. This is 11% below median its historical median of 46.92. Over the past decade, Hangxiao Steel Structure Co's Days Inventory has ranged from 30.29 to 391.64. According to the industry distribution chart, Hangxiao Steel Structure Co ranks #653 out of 1488 companies in the Construction industry, placing it in the top 43.9%.
Is Hangxiao Steel Structure Co's Days Inventory too high?
Hangxiao Steel Structure Co's current Days Inventory of 41.59 is 11% below median its 10-year median of 46.92. Over the past 10 years, this metric has ranged from a low of 30.29 to a high of 391.64. The Construction industry median Days Inventory is 49.76. Hangxiao Steel Structure Co's value of 41.59 is 16.4% below this industry median. Based on the distribution chart, Hangxiao Steel Structure Co ranks #653 out of 1488 companies in the Construction industry, which is above the industry midpoint. Overall, Hangxiao Steel Structure Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hangxiao Steel Structure Co's Days Inventory compare to PWR and FIX?
According to the Construction industry distribution chart, Hangxiao Steel Structure Co ranks #653 out of 1488 companies for Days Inventory. This puts Hangxiao Steel Structure Co in the upper half of its industry. The industry median Days Inventory is 49.76. Hangxiao Steel Structure Co's value of 41.59 is 16.4% below this benchmark. Historically, Hangxiao Steel Structure Co's own Days Inventory has ranged from 30.29 to 391.64 over the past decade. While the company's 10-year median is 46.92 vs. the industry median of 49.76, Hangxiao Steel Structure 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 a Construction company?
The median Days Inventory among Construction companies is 49.76, based on 1,488 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. Hangxiao Steel Structure Co's current Days Inventory of 41.59 is 16.4% 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 Hangxiao Steel Structure Co and its competitors. For the Construction industry, the median Days Inventory is 49.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangxiao Steel Structure Co's current Days Inventory is 41.59, which is 11% below median its own 10-year median of 46.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangxiao Steel Structure Co stock overvalued right now?
Based on GuruFocus' analysis, Hangxiao Steel Structure Co (SHSE:600477) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.18, compared to a current price of ¥2.37 — trading 8.7% above its estimated fair value. The current Days Inventory is 41.59, which is 11% below median its 10-year median of 46.92 and 16.4% below the Construction industry median of 49.76. Hangxiao Steel Structure Co's overall GF Score™ is 53/100 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 Hangxiao Steel Structure Co (SHSE:600477), the current Days Inventory is 41.59 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 Hangxiao Steel Structure Co (SHSE:600477) Overvalued in 2026?

Based on GuruFocus' analysis, Hangxiao Steel Structure Co stock appears to be overvalued. The current stock price of ¥2.37 is trading 8.7% above its estimated GF Value™ of ¥2.18. GuruFocus considers Hangxiao Steel Structure Co to be Fairly Valued.

Key valuation signals for SHSE:600477:

  • Days Inventory: 41.59 (11% below median its 10-year median of 46.92)
  • GF Value™: ¥2.18 vs. price of ¥2.37 (8.7% above fair value)
  • GF Score™: 53/100 with 9 warning signs
  • Industry Position: 16.4% below the Construction median (#653 of 1488)

No single metric tells the full story. See the SHSE:600477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangxiao Steel Structure Co Business Description

Address Middle Zhonghe Road, Floor 3,5,7, Ruifeng Building, No. 258, Hangzhou, Zhejiang, CHN, 310003
Hangxiao Steel Structure Co Ltd is engaged in the design, manufacture, and installation of steel structure in China. It manufactures high rise steel structure, light steel structure, space steel structure, steel beam, steel truss; steel floor deck; steel purlin and residential steel structure projects.
53GF Score

Get the complete analysis for SHSE:600477

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

¥2.37
Price
¥2.18
GF Value