Shanghai Material Trading Co (SHSE:600822) Days Inventory: 44.84 (As of Mar. 2026) — 101% Above Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:600822 Shanghai Material Trading Co Ltd SHSE:600822
43 GF Score
Price ¥7.89
GF Value ¥5.84
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Shanghai Material Trading Co Days Inventory?

Shanghai Material Trading Co SHSE:600822 -1.25% 43 Days Inventory is 44.84 as of Mar. 2026, which is 101% above its 10-year median of 22.32. GuruFocus rates SHSE:600822 with a GF Score™ of 43/100 and a GF Value™ of ¥5.84 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 497 Conglomerates companies, Shanghai Material Trading Co ranks better than 70.02% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Material Trading Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥148 Mil. Shanghai Material Trading Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥302 Mil. Hence, Shanghai Material Trading Co's Days Inventory for the three months ended in Mar. 2026 was 44.84.

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

SHSE:600822' s Days Inventory Range Over the Past 10 Years
Min: 8.74   Med: 22.32   Max: 43.78
Current: 42.36

During the past 13 years, Shanghai Material Trading Co's highest Days Inventory was 43.78. The lowest was 8.74. And the median was 22.32.

SHSE:600822's Days Inventory is ranked better than
70.02% of 497 companies
in the Conglomerates industry
Industry Median: 73.2 vs SHSE:600822: 42.36

Shanghai Material Trading Co's Days Inventory declined from Mar. 2025 (45.31) to Mar. 2026 (44.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Material Trading Co's Inventory Turnover for the three months ended in Mar. 2026 was 2.04.

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. Shanghai Material Trading Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.41.


Shanghai Material Trading Co  (SHSE:600822) 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.

Shanghai Material Trading 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.

Shanghai Material Trading 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.


Shanghai Material Trading Co Days Inventory Related Terms


Shanghai Material Trading Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Shanghai Material Trading 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.

Shanghai Material Trading Co Days Inventory Chart

Shanghai Material Trading 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 16.33 26.07 36.27 43.36 43.78

Shanghai Material Trading 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 45.31 43.30 31.31 44.57 44.84

SHSE:600822 vs HON, MMM: Days Inventory Comparison

For the Conglomerates subindustry, Shanghai Material Trading 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.


Shanghai Material Trading Co Days Inventory vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Material Trading Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Material Trading Co's Days Inventory falls into.


SHSE:600822
43GF Score
Shanghai Material Trading Co Ltd SHSE:600822
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Material Trading Co Days Inventory Calculation

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

Shanghai Material Trading 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
=( (200.743 + 138.825) / 2 ) / 1415.374*365
=169.784 / 1415.374*365
=43.78

Shanghai Material Trading 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
=( (138.825 + 157.496) / 2 ) / 301.53*365 / 4
=148.1605 / 301.53*365 / 4
=44.84

* 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 44.84 mean?
Shanghai Material Trading Co (SHSE:600822) has a Days Inventory of 44.84 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shanghai Material Trading Co and its competitors. This is 101% above median its historical median of 22.32. Over the past decade, Shanghai Material Trading Co's Days Inventory has ranged from 8.74 to 43.78. According to the industry distribution chart, Shanghai Material Trading Co ranks #149 out of 497 companies in the Conglomerates industry, placing it in the top 30%.
Is Shanghai Material Trading Co's Days Inventory too high?
Shanghai Material Trading Co's current Days Inventory of 44.84 is 101% above median its 10-year median of 22.32. Over the past 10 years, this metric has ranged from a low of 8.74 to a high of 43.78. The Conglomerates industry median Days Inventory is 73.20. Shanghai Material Trading Co's value of 44.84 is 38.7% below this industry median. Based on the distribution chart, Shanghai Material Trading Co ranks #149 out of 497 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Shanghai Material Trading Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Material Trading Co's Days Inventory compare to HON and MMM?
According to the Conglomerates industry distribution chart, Shanghai Material Trading Co ranks #149 out of 497 companies for Days Inventory. This puts Shanghai Material Trading Co in the upper half of its industry. The industry median Days Inventory is 73.20. Shanghai Material Trading Co's value of 44.84 is 38.7% below this benchmark. Historically, Shanghai Material Trading Co's own Days Inventory has ranged from 8.74 to 43.78 over the past decade. While the company's 10-year median is 22.32 vs. the industry median of 73.20, Shanghai Material Trading 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 Conglomerates company?
The median Days Inventory among Conglomerates companies is 73.20, based on 497 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. Shanghai Material Trading Co's current Days Inventory of 44.84 is 38.7% 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 Shanghai Material Trading Co and its competitors. For the Conglomerates industry, the median Days Inventory is 73.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Material Trading Co's current Days Inventory is 44.84, which is 101% above median its own 10-year median of 22.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Material Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Material Trading Co (SHSE:600822) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥5.84, compared to a current price of ¥7.89 — trading 35.1% above its estimated fair value. The current Days Inventory is 44.84, which is 101% above median its 10-year median of 22.32 and 38.7% below the Conglomerates industry median of 73.20. Shanghai Material Trading Co's overall GF Score™ is 43/100 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 Shanghai Material Trading Co (SHSE:600822), the current Days Inventory is 44.84 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 Shanghai Material Trading Co (SHSE:600822) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Material Trading Co stock appears to be overvalued. The current stock price of ¥7.89 is trading 35.1% above its estimated GF Value™ of ¥5.84. GuruFocus considers Shanghai Material Trading Co to be Significantly Overvalued.

Key valuation signals for SHSE:600822:

  • Days Inventory: 44.84 (101% above median its 10-year median of 22.32)
  • GF Value™: ¥5.84 vs. price of ¥7.89 (35.1% above fair value)
  • GF Score™: 43/100 with 1 warning sign
  • Industry Position: 38.7% below the Conglomerates median (#149 of 497)

No single metric tells the full story. See the SHSE:600822 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Material Trading Co Business Description

Other Exchanges 900927:China
Address No. 325 South Suzhou Road, 4th Floor, Shanghai, Shanghai, CHN, 200002
Shanghai Material Trading Co Ltd is principally engaged in the trading of metal, oil products and automobiles. The company operates its businesses in domestic and overseas markets. Its scopr of business include metal materials, mineral products, light chemical raw materials, building materials, wood, automobiles and accessories, mechanical and electrical equipment, fuel, hardware and electricity, textile Import and export trade business; warehousing, information consulting and technical services.
43GF Score

Get the complete analysis for SHSE:600822

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

¥7.89
Price
¥5.84
GF Value