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.
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.
Zhongjin GoldSHSE:600489 +3.36%88 Days Inventory is 75.10 as of Mar. 2026, which is 15% below its 10-year median of 88.67. GuruFocus rates SHSE:600489 with a GF Score™ of 88/100 and a GF Value™ of ¥21.41 (Fairly Valued). The stock has 1 warning sign investors should review. Among 685 Metals & Mining companies, Zhongjin Gold ranks better than 58.98% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Zhongjin Gold's Average Total Inventories for the
three
months ended in Mar. 2026 was ¥14,786 Mil. Zhongjin Gold's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ¥17,965 Mil.
Hence, Zhongjin Gold's Days Inventory for the
three
months ended in Mar. 2026 was 75.10.
The historical rank and industry rank for Zhongjin Gold's Days Inventory or its related term are showing as below:
SHSE:600489'
s Days Inventory Range Over the Past 10 Years
Min: 63.03 Med: 88.67 Max: 122.74
Current: 74
During the past 13 years, Zhongjin Gold's highest Days Inventory was 122.74. The lowest was 63.03. And the median was 88.67.
SHSE:600489's Days Inventory is ranked better than 58.98% of 685
companies
in the Metals & Mining industry
Industry Median: 86.48
vs SHSE:600489: 74.00
Zhongjin Gold's Days Inventory
declined
from Mar. 2025 (94.84) to Mar. 2026 (75.10).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhongjin Gold's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.22.
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.
Zhongjin Gold's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.65.
Zhongjin Gold (SHSE:600489) 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.
Zhongjin Gold'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.
Zhongjin Gold'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.
Zhongjin Gold Days Inventory Related Terms
Zhongjin Gold Days Inventory Historical Data
* Premium members only.
The historical data trend for Zhongjin Gold'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:600489 vs NEM, AU, RGLD: Days Inventory Comparison
For the Gold subindustry, Zhongjin Gold'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.
Zhongjin Gold Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zhongjin Gold's Days Inventory distribution charts can be found below:
* The bar in red indicates where Zhongjin Gold'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.
Zhongjin Gold (SHSE:600489) has a Days Inventory of 75.10 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zhongjin Gold and its competitors. This is 15% below median its historical median of 88.67. Over the past decade, Zhongjin Gold's Days Inventory has ranged from 63.03 to 122.74. According to the industry distribution chart, Zhongjin Gold ranks #281 out of 685 companies in the Metals & Mining industry, placing it in the top 41%.
Is Zhongjin Gold's Days Inventory too high?
Zhongjin Gold's current Days Inventory of 75.10 is 15% below median its 10-year median of 88.67. Over the past 10 years, this metric has ranged from a low of 63.03 to a high of 122.74. The Metals & Mining industry median Days Inventory is 86.48. Zhongjin Gold's value of 75.10 is 13.2% below this industry median. Based on the distribution chart, Zhongjin Gold ranks #281 out of 685 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Zhongjin Gold has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zhongjin Gold's Days Inventory compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Zhongjin Gold ranks #281 out of 685 companies for Days Inventory. This puts Zhongjin Gold in the upper half of its industry. The industry median Days Inventory is 86.48. Zhongjin Gold's value of 75.10 is 13.2% below this benchmark. Historically, Zhongjin Gold's own Days Inventory has ranged from 63.03 to 122.74 over the past decade. While the company's 10-year median is 88.67 vs. the industry median of 86.48, Zhongjin Gold 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 Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.48, based on 685 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. Zhongjin Gold's current Days Inventory of 75.10 is 13.2% 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 Zhongjin Gold and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongjin Gold's current Days Inventory is 75.10, which is 15% below median its own 10-year median of 88.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongjin Gold stock overvalued right now?
Based on GuruFocus' analysis, Zhongjin Gold (SHSE:600489) is currently considered Fairly Valued. The stock's GF Value™ is ¥21.41, compared to a current price of ¥19.70 — trading 8% below its estimated fair value. The current Days Inventory is 75.10, which is 15% below median its 10-year median of 88.67 and 13.2% below the Metals & Mining industry median of 86.48. Zhongjin Gold's overall GF Score™ is 88/100 with 1 warning sign 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 Zhongjin Gold (SHSE:600489), the current Days Inventory is 75.10 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 Zhongjin Gold (SHSE:600489) Overvalued in 2026?
Based on GuruFocus' analysis, Zhongjin Gold stock appears to be undervalued.
The current stock price of ¥19.70 is trading 8% below its estimated GF Value™ of ¥21.41.
GuruFocus considers Zhongjin Gold to be Fairly Valued.
Key valuation signals for SHSE:600489:
Days Inventory: 75.10 (15% below median its 10-year median of 88.67)
GF Value™: ¥21.41 vs. price of ¥19.70 (8% below fair value)
Industry Position: 13.2% below the Metals & Mining median (#281 of 685)
No single metric tells the full story. See the SHSE:600489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhongjin Gold Corp Ltd engages in the mining, smelting, and sale of non-ferrous metals in China. Its products include gold, electrolytic silver and copper, sulfuric acid, and other products, as well as iron oxide pigments. The company operates its business in both the domestic and overseas market.
88GF Score
Get the complete analysis for SHSE:600489
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:600489 has been successfully added to your 
