Ningbo Marine Co (SHSE:600798) Days Inventory: 9.95 (As of Mar. 2026) — 10% Below Median

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SHSE:600798 Ningbo Marine Co Ltd SHSE:600798
62 GF Score
Price ¥3.13
GF Value ¥3.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Ningbo Marine Co Days Inventory?

Ningbo Marine Co SHSE:600798 62 Days Inventory is 9.95 as of Mar. 2026, which is 10% below its 10-year median of 11.09. GuruFocus rates SHSE:600798 with a GF Score™ of 62/100 and a GF Value™ of ¥3.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 802 Transportation companies, Ningbo Marine Co ranks better than 57.86% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ningbo Marine Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥65 Mil. Ningbo Marine Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥599 Mil. Hence, Ningbo Marine Co's Days Inventory for the three months ended in Mar. 2026 was 9.95.

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

SHSE:600798' s Days Inventory Range Over the Past 10 Years
Min: 8.45   Med: 11.09   Max: 14.63
Current: 9.28

During the past 13 years, Ningbo Marine Co's highest Days Inventory was 14.63. The lowest was 8.45. And the median was 11.09.

SHSE:600798's Days Inventory is ranked better than
57.86% of 802 companies
in the Transportation industry
Industry Median: 12.4 vs SHSE:600798: 9.28

Ningbo Marine Co's Days Inventory declined from Mar. 2025 (14.89) to Mar. 2026 (9.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Marine Co's Inventory Turnover for the three months ended in Mar. 2026 was 9.17.

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 Marine Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.11.


Ningbo Marine Co  (SHSE:600798) 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 Marine 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.

Ningbo Marine 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.


Ningbo Marine Co Days Inventory Related Terms


Ningbo Marine Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Ningbo Marine 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 Marine Co Days Inventory Chart

Ningbo Marine 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 11.40 14.63 14.02 10.74 9.35

Ningbo Marine 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 14.89 9.10 8.64 9.85 9.95

Ningbo Marine Co Days Inventory Competitor Comparison

For the Marine Shipping subindustry, Ningbo Marine 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 Marine Co Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Ningbo Marine Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ningbo Marine Co's Days Inventory falls into.


SHSE:600798
62GF Score
Ningbo Marine Co Ltd SHSE:600798
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Marine Co Days Inventory Calculation

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

Ningbo Marine 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
=( (65.602 + 62.926) / 2 ) / 2509.483*365
=64.264 / 2509.483*365
=9.35

Ningbo Marine 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
=( (62.926 + 67.6) / 2 ) / 598.704*365 / 4
=65.263 / 598.704*365 / 4
=9.95

* 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 9.95 mean?
Ningbo Marine Co (SHSE:600798) has a Days Inventory of 9.95 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ningbo Marine Co and its competitors. This is 10% below median its historical median of 11.09. Over the past decade, Ningbo Marine Co's Days Inventory has ranged from 8.45 to 14.63. According to the industry distribution chart, Ningbo Marine Co ranks #338 out of 802 companies in the Transportation industry, placing it in the top 42.1%.
Is Ningbo Marine Co's Days Inventory too high?
Ningbo Marine Co's current Days Inventory of 9.95 is 10% below median its 10-year median of 11.09. Over the past 10 years, this metric has ranged from a low of 8.45 to a high of 14.63. The Transportation industry median Days Inventory is 12.40. Ningbo Marine Co's value of 9.95 is 19.8% below this industry median. Based on the distribution chart, Ningbo Marine Co ranks #338 out of 802 companies in the Transportation industry, which is above the industry midpoint. Overall, Ningbo Marine Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Marine Co's Days Inventory compare to competitors?
According to the Transportation industry distribution chart, Ningbo Marine Co ranks #338 out of 802 companies for Days Inventory. This puts Ningbo Marine Co in the upper half of its industry. The industry median Days Inventory is 12.40. Ningbo Marine Co's value of 9.95 is 19.8% below this benchmark. Historically, Ningbo Marine Co's own Days Inventory has ranged from 8.45 to 14.63 over the past decade. While the company's 10-year median is 11.09 vs. the industry median of 12.40, Ningbo Marine 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 Transportation company?
The median Days Inventory among Transportation companies is 12.40, based on 802 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 Marine Co's current Days Inventory of 9.95 is 19.8% 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 Marine Co and its competitors. For the Transportation industry, the median Days Inventory is 12.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Marine Co's current Days Inventory is 9.95, which is 10% below median its own 10-year median of 11.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Marine Co (SHSE:600798) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.80, compared to a current price of ¥3.13 — trading 17.6% below its estimated fair value. The current Days Inventory is 9.95, which is 10% below median its 10-year median of 11.09 and 19.8% below the Transportation industry median of 12.40. Ningbo Marine Co's overall GF Score™ is 62/100 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 Ningbo Marine Co (SHSE:600798), the current Days Inventory is 9.95 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 Ningbo Marine Co (SHSE:600798) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Marine Co stock appears to be undervalued. The current stock price of ¥3.13 is trading 17.6% below its estimated GF Value™ of ¥3.80. GuruFocus considers Ningbo Marine Co to be Modestly Undervalued.

Key valuation signals for SHSE:600798:

  • Days Inventory: 9.95 (10% below median its 10-year median of 11.09)
  • GF Value™: ¥3.80 vs. price of ¥3.13 (17.6% below fair value)
  • GF Score™: 62/100 with 5 warning signs
  • Industry Position: 19.8% below the Transportation median (#338 of 802)

No single metric tells the full story. See the SHSE:600798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Marine Co Business Description

Address North-Bank Fortune Centre, Building 1, Jiangbei District, Zhejiang, Ningbo, CHN, 315020
Ningbo Marine Co Ltd is a China-based company mainly engaged in the transportation of goods on China's coastal Yangtze River, as well as international ocean shipping and investing in transportation infrastructure and transportation service facilities. Its activities include transportation service facilities; import and export of self-operated and agent goods and technologies, except for goods and technologies that are restricted or prohibited by the state; apply for training, examinations, provide related activities such as manning for domestic sailing ships, and others.
62GF Score

Get the complete analysis for SHSE:600798

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

¥3.13
Price
¥3.80
GF Value