Ningbo Fubang High Tech Materials Co (SHSE:600768) Days Inventory: 59.76 (As of Jun. 2026) — 44% Above Median

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SHSE:600768 Ningbo Fubang High Tech Materials Co Ltd SHSE:600768
73 GF Score
Price ¥15.01
GF Value ¥21.18
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ningbo Fubang High Tech Materials Co Days Inventory?

Ningbo Fubang High Tech Materials Co SHSE:600768 -0.66% 73 Days Inventory is 59.76 as of Jun. 2026, which is 44% above its 10-year median of 41.41. GuruFocus rates SHSE:600768 with a GF Score™ of 73/100 and a GF Value™ of ¥21.18 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 688 Metals & Mining companies, Ningbo Fubang High Tech Materials Co ranks better than 63.81% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ningbo Fubang High Tech Materials Co's Average Total Inventories for the three months ended in Jun. 2026 was ¥353 Mil. Ningbo Fubang High Tech Materials Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥538 Mil. Hence, Ningbo Fubang High Tech Materials Co's Days Inventory for the three months ended in Jun. 2026 was 59.76.

The historical rank and industry rank for Ningbo Fubang High Tech Materials Co's Days Inventory or its related term are showing as below:

SHSE:600768' s Days Inventory Range Over the Past 10 Years
Min: 8.29   Med: 41.41   Max: 65.52
Current: 65.52

During the past 13 years, Ningbo Fubang High Tech Materials Co's highest Days Inventory was 65.52. The lowest was 8.29. And the median was 41.41.

SHSE:600768's Days Inventory is ranked better than
63.81% of 688 companies
in the Metals & Mining industry
Industry Median: 86.095 vs SHSE:600768: 65.52

Ningbo Fubang High Tech Materials Co's Days Inventory increased from Jun. 2025 (58.49) to Jun. 2026 (59.76). It might indicate that Ningbo Fubang High Tech Materials Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Fubang High Tech Materials Co's Inventory Turnover for the three months ended in Jun. 2026 was 1.53.

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. Ningbo Fubang High Tech Materials Co's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.57.


Ningbo Fubang High Tech Materials Co  (SHSE:600768) 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.

Ningbo Fubang High Tech Materials Co's Inventory Turnover for the three months ended in Jun. 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.

Ningbo Fubang High Tech Materials Co's Inventory to Revenue for the three months ended in Jun. 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.


Ningbo Fubang High Tech Materials Co Days Inventory Related Terms


Ningbo Fubang High Tech Materials Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Ningbo Fubang High Tech Materials 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.

Ningbo Fubang High Tech Materials Co Days Inventory Chart

Ningbo Fubang High Tech Materials 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 8.61 13.19 34.74 52.94 60.59

Ningbo Fubang High Tech Materials Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 58.49 63.15 58.24 81.71 59.76

SHSE:600768 vs AA: Days Inventory Comparison

For the Aluminum subindustry, Ningbo Fubang High Tech Materials 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.


Ningbo Fubang High Tech Materials Co Days Inventory vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningbo Fubang High Tech Materials Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ningbo Fubang High Tech Materials Co's Days Inventory falls into.


SHSE:600768
73GF Score
Ningbo Fubang High Tech Materials Co Ltd SHSE:600768
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Fubang High Tech Materials Co Days Inventory Calculation

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

Ningbo Fubang High Tech Materials 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
=( (154.695 + 193.02) / 2 ) / 1047.38*365
=173.8575 / 1047.38*365
=60.59

Ningbo Fubang High Tech Materials Co's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (353.297 + 351.707) / 2 ) / 538.232*365 / 4
=352.502 / 538.232*365 / 4
=59.76

* 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 59.76 mean?
Ningbo Fubang High Tech Materials Co (SHSE:600768) has a Days Inventory of 59.76 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ningbo Fubang High Tech Materials Co and its competitors. This is 44% above median its historical median of 41.41. Over the past decade, Ningbo Fubang High Tech Materials Co's Days Inventory has ranged from 8.29 to 65.52. According to the industry distribution chart, Ningbo Fubang High Tech Materials Co ranks #249 out of 688 companies in the Metals & Mining industry, placing it in the top 36.2%.
Is Ningbo Fubang High Tech Materials Co's Days Inventory too high?
Ningbo Fubang High Tech Materials Co's current Days Inventory of 59.76 is 44% above median its 10-year median of 41.41. Over the past 10 years, this metric has ranged from a low of 8.29 to a high of 65.52. The Metals & Mining industry median Days Inventory is 86.10. Ningbo Fubang High Tech Materials Co's value of 59.76 is 30.6% below this industry median. Based on the distribution chart, Ningbo Fubang High Tech Materials Co ranks #249 out of 688 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ningbo Fubang High Tech Materials Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Fubang High Tech Materials Co's Days Inventory compare to AA?
According to the Metals & Mining industry distribution chart, Ningbo Fubang High Tech Materials Co ranks #249 out of 688 companies for Days Inventory. This puts Ningbo Fubang High Tech Materials Co in the upper half of its industry. The industry median Days Inventory is 86.10. Ningbo Fubang High Tech Materials Co's value of 59.76 is 30.6% below this benchmark. Historically, Ningbo Fubang High Tech Materials Co's own Days Inventory has ranged from 8.29 to 65.52 over the past decade. While the company's 10-year median is 41.41 vs. the industry median of 86.10, Ningbo Fubang High Tech Materials 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 Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.10, based on 688 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. Ningbo Fubang High Tech Materials Co's current Days Inventory of 59.76 is 30.6% 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 Ningbo Fubang High Tech Materials Co and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Fubang High Tech Materials Co's current Days Inventory is 59.76, which is 44% above median its own 10-year median of 41.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Fubang High Tech Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Fubang High Tech Materials Co (SHSE:600768) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.18, compared to a current price of ¥15.01 — trading 29.1% below its estimated fair value. The current Days Inventory is 59.76, which is 44% above median its 10-year median of 41.41 and 30.6% below the Metals & Mining industry median of 86.10. Ningbo Fubang High Tech Materials Co's overall GF Score™ is 73/100 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 Ningbo Fubang High Tech Materials Co (SHSE:600768), the current Days Inventory is 59.76 as of Jun. 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 Ningbo Fubang High Tech Materials Co (SHSE:600768) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Fubang High Tech Materials Co stock appears to be undervalued. The current stock price of ¥15.01 is trading 29.1% below its estimated GF Value™ of ¥21.18. GuruFocus considers Ningbo Fubang High Tech Materials Co to be Modestly Undervalued.

Key valuation signals for SHSE:600768:

  • Days Inventory: 59.76 (44% above median its 10-year median of 41.41)
  • GF Value™: ¥21.18 vs. price of ¥15.01 (29.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 30.6% below the Metals & Mining median (#249 of 688)

No single metric tells the full story. See the SHSE:600768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Fubang High Tech Materials Co Business Description

Address No. 188, Ningdong Road, 22th Floor, Building D, Fubon Center, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315192
Ningbo Fubang Jingye Group Co Ltd engages in the regional deep processing of industrial and civil aluminum profiles, and also engages in the trade of aluminum cast bars.
73GF Score

Get the complete analysis for SHSE:600768

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

¥15.01
Price
¥21.18
GF Value