Maanshan Iron And Steel Co (SHSE:600808) Days Inventory: 41.20 (As of Mar. 2026) — 14% Below Median

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SHSE:600808 Maanshan Iron And Steel Co Ltd SHSE:600808
66 GF Score
Price ¥2.43
GF Value ¥3.34
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Maanshan Iron And Steel Co Days Inventory?

Maanshan Iron And Steel Co SHSE:600808 -2.41% 66 Days Inventory is 41.20 as of Mar. 2026, which is 14% below its 10-year median of 47.77. GuruFocus rates SHSE:600808 with a GF Score™ of 66/100 and a GF Value™ of ¥3.34 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 582 Steel companies, Maanshan Iron And Steel Co ranks better than 86.94% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Maanshan Iron And Steel Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥7,751 Mil. Maanshan Iron And Steel Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥17,169 Mil. Hence, Maanshan Iron And Steel Co's Days Inventory for the three months ended in Mar. 2026 was 41.20.

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

SHSE:600808' s Days Inventory Range Over the Past 10 Years
Min: 37.74   Med: 47.77   Max: 71.04
Current: 37.74

During the past 13 years, Maanshan Iron And Steel Co's highest Days Inventory was 71.04. The lowest was 37.74. And the median was 47.77.

SHSE:600808's Days Inventory is ranked better than
86.94% of 582 companies
in the Steel industry
Industry Median: 86.57 vs SHSE:600808: 37.74

Maanshan Iron And Steel Co's Days Inventory increased from Mar. 2025 (35.52) to Mar. 2026 (41.20). It might indicate that Maanshan Iron And Steel Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maanshan Iron And Steel Co's Inventory Turnover for the three months ended in Mar. 2026 was 2.21.

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. Maanshan Iron And Steel Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.44.


Maanshan Iron And Steel Co  (SHSE:600808) 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.

Maanshan Iron And Steel 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.

Maanshan Iron And Steel Co's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=7751.1385 / 17718.338
=0.44

* 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.


Maanshan Iron And Steel Co Days Inventory Related Terms


Maanshan Iron And Steel Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Maanshan Iron And Steel 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.

Maanshan Iron And Steel Co Days Inventory Chart

Maanshan Iron And Steel 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 41.68 41.92 37.82 39.39 38.08

Maanshan Iron And Steel 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 35.52 36.64 36.57 36.54 41.20

SHSE:600808 vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Maanshan Iron And Steel 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.


Maanshan Iron And Steel Co Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Maanshan Iron And Steel Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Maanshan Iron And Steel Co's Days Inventory falls into.


SHSE:600808
66GF Score
Maanshan Iron And Steel Co Ltd SHSE:600808
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maanshan Iron And Steel Co Days Inventory Calculation

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

Maanshan Iron And Steel 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
=( (7908.952 + 7410.383) / 2 ) / 73409.208*365
=7659.6675 / 73409.208*365
=38.08

Maanshan Iron And Steel 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
=( (7410.383 + 8091.894) / 2 ) / 17168.62*365 / 4
=7751.1385 / 17168.62*365 / 4
=41.20

* 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 41.20 mean?
Maanshan Iron And Steel Co (SHSE:600808) has a Days Inventory of 41.20 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Maanshan Iron And Steel Co and its competitors. This is 14% below median its historical median of 47.77. Over the past decade, Maanshan Iron And Steel Co's Days Inventory has ranged from 37.74 to 71.04. According to the industry distribution chart, Maanshan Iron And Steel Co ranks #76 out of 582 companies in the Steel industry, placing it in the top 13.1%.
Is Maanshan Iron And Steel Co's Days Inventory too high?
Maanshan Iron And Steel Co's current Days Inventory of 41.20 is 14% below median its 10-year median of 47.77. Over the past 10 years, this metric has ranged from a low of 37.74 to a high of 71.04. The Steel industry median Days Inventory is 86.57. Maanshan Iron And Steel Co's value of 41.20 is 52.4% below this industry median. Based on the distribution chart, Maanshan Iron And Steel Co ranks #76 out of 582 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Maanshan Iron And Steel Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maanshan Iron And Steel Co's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Maanshan Iron And Steel Co ranks #76 out of 582 companies for Days Inventory. This places Maanshan Iron And Steel Co in the top 13% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.57. Maanshan Iron And Steel Co's value of 41.20 is 52.4% below this benchmark. Historically, Maanshan Iron And Steel Co's own Days Inventory has ranged from 37.74 to 71.04 over the past decade. While the company's 10-year median is 47.77 vs. the industry median of 86.57, Maanshan Iron And Steel 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 Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 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. Maanshan Iron And Steel Co's current Days Inventory of 41.20 is 52.4% 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 Maanshan Iron And Steel Co and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maanshan Iron And Steel Co's current Days Inventory is 41.20, which is 14% below median its own 10-year median of 47.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maanshan Iron And Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Maanshan Iron And Steel Co (SHSE:600808) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.34, compared to a current price of ¥2.43 — trading 27.2% below its estimated fair value. The current Days Inventory is 41.20, which is 14% below median its 10-year median of 47.77 and 52.4% below the Steel industry median of 86.57. Maanshan Iron And Steel Co's overall GF Score™ is 66/100 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 Maanshan Iron And Steel Co (SHSE:600808), the current Days Inventory is 41.20 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 Maanshan Iron And Steel Co (SHSE:600808) Overvalued in 2026?

Based on GuruFocus' analysis, Maanshan Iron And Steel Co stock appears to be undervalued. The current stock price of ¥2.43 is trading 27.2% below its estimated GF Value™ of ¥3.34. GuruFocus considers Maanshan Iron And Steel Co to be Modestly Undervalued.

Key valuation signals for SHSE:600808:

  • Days Inventory: 41.20 (14% below median its 10-year median of 47.77)
  • GF Value™: ¥3.34 vs. price of ¥2.43 (27.2% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 52.4% below the Steel median (#76 of 582)

No single metric tells the full story. See the SHSE:600808 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maanshan Iron And Steel Co Business Description

Address No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003
Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. Its main production processes include iron making, steel making, steel rolling, etc. The Group's key product is steel, which includes four product series of special steel, wheels and axles, long products, and plates. It offers casting round billet, special steel bar, train wheels, axles, wheelsets, section steel, wire rods, hot-rolled plate and cold-rolled plate coils, galvanized plates, color-coated plates, and other products, which are widely used in aviation, railway, ocean, automobile, household appliance, shipbuilding, construction, machinery manufacturing, and other fields. Geographically, the Group generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong and other overseas markets.
66GF Score

Get the complete analysis for SHSE:600808

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

¥2.43
Price
¥3.34
GF Value