Ningbo Energy Group Co (SHSE:600982) Days Inventory: 14.67 (As of Mar. 2026) — 17% Below Median

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SHSE:600982 Ningbo Energy Group Co Ltd SHSE:600982
52 GF Score
Price ¥4.64
GF Value ¥3.43
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ningbo Energy Group Co Days Inventory?

Ningbo Energy Group Co SHSE:600982 +2.65% 52 Days Inventory is 14.67 as of Mar. 2026, which is 17% below its 10-year median of 17.59. GuruFocus rates SHSE:600982 with a GF Score™ of 52/100 and a GF Value™ of ¥3.43 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 452 Utilities - Regulated companies, Ningbo Energy Group Co ranks better than 62.83% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ningbo Energy Group Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥137 Mil. Ningbo Energy Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥852 Mil. Hence, Ningbo Energy Group Co's Days Inventory for the three months ended in Mar. 2026 was 14.67.

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

SHSE:600982' s Days Inventory Range Over the Past 10 Years
Min: 14.84   Med: 17.59   Max: 52.96
Current: 14.97

During the past 13 years, Ningbo Energy Group Co's highest Days Inventory was 52.96. The lowest was 14.84. And the median was 17.59.

SHSE:600982's Days Inventory is ranked better than
62.83% of 452 companies
in the Utilities - Regulated industry
Industry Median: 22.52 vs SHSE:600982: 14.97

Ningbo Energy Group Co's Days Inventory declined from Mar. 2025 (15.08) to Mar. 2026 (14.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Energy Group Co's Inventory Turnover for the three months ended in Mar. 2026 was 6.22.

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. Ningbo Energy Group Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.13.


Ningbo Energy Group Co  (SHSE:600982) 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 Energy Group 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 Energy Group 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 Energy Group Co Days Inventory Related Terms


Ningbo Energy Group Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Ningbo Energy Group 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 Energy Group Co Days Inventory Chart

Ningbo Energy Group 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 17.08 14.84 16.90 15.88 18.10

Ningbo Energy Group 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 15.08 14.96 17.64 14.57 14.67

SHSE:600982 vs NEE, SO, DUK: Days Inventory Comparison

For the Utilities - Regulated Electric subindustry, Ningbo Energy Group 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 Energy Group Co Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ningbo Energy Group Co's Days Inventory distribution charts can be found below:

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


SHSE:600982
52GF Score
Ningbo Energy Group Co Ltd SHSE:600982
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ningbo Energy Group Co Days Inventory Calculation

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

Ningbo Energy Group 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
=( (146.898 + 155.798) / 2 ) / 3052.198*365
=151.348 / 3052.198*365
=18.10

Ningbo Energy Group 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
=( (155.798 + 118.071) / 2 ) / 851.545*365 / 4
=136.9345 / 851.545*365 / 4
=14.67

* 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 14.67 mean?
Ningbo Energy Group Co (SHSE:600982) has a Days Inventory of 14.67 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ningbo Energy Group Co and its competitors. This is 17% below median its historical median of 17.59. Over the past decade, Ningbo Energy Group Co's Days Inventory has ranged from 14.84 to 52.96. According to the industry distribution chart, Ningbo Energy Group Co ranks #168 out of 452 companies in the Utilities - Regulated industry, placing it in the top 37.2%.
Is Ningbo Energy Group Co's Days Inventory too high?
Ningbo Energy Group Co's current Days Inventory of 14.67 is 17% below median its 10-year median of 17.59. Over the past 10 years, this metric has ranged from a low of 14.84 to a high of 52.96. The Utilities - Regulated industry median Days Inventory is 22.52. Ningbo Energy Group Co's value of 14.67 is 34.9% below this industry median. Based on the distribution chart, Ningbo Energy Group Co ranks #168 out of 452 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Ningbo Energy Group Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Energy Group Co's Days Inventory compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Ningbo Energy Group Co ranks #168 out of 452 companies for Days Inventory. This puts Ningbo Energy Group Co in the upper half of its industry. The industry median Days Inventory is 22.52. Ningbo Energy Group Co's value of 14.67 is 34.9% below this benchmark. Historically, Ningbo Energy Group Co's own Days Inventory has ranged from 14.84 to 52.96 over the past decade. While the company's 10-year median is 17.59 vs. the industry median of 22.52, Ningbo Energy Group 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 an Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.52, based on 452 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 Energy Group Co's current Days Inventory of 14.67 is 34.9% 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 Energy Group Co and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Energy Group Co's current Days Inventory is 14.67, which is 17% below median its own 10-year median of 17.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Energy Group Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Energy Group Co (SHSE:600982) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.43, compared to a current price of ¥4.64 — trading 35.3% above its estimated fair value. The current Days Inventory is 14.67, which is 17% below median its 10-year median of 17.59 and 34.9% below the Utilities - Regulated industry median of 22.52. Ningbo Energy Group Co's overall GF Score™ is 52/100 with 6 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 Energy Group Co (SHSE:600982), the current Days Inventory is 14.67 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 Energy Group Co (SHSE:600982) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Energy Group Co stock appears to be overvalued. The current stock price of ¥4.64 is trading 35.3% above its estimated GF Value™ of ¥3.43. GuruFocus considers Ningbo Energy Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:600982:

  • Days Inventory: 14.67 (17% below median its 10-year median of 17.59)
  • GF Value™: ¥3.43 vs. price of ¥4.64 (35.3% above fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 34.9% below the Utilities - Regulated median (#168 of 452)

No single metric tells the full story. See the SHSE:600982 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Energy Group Co Business Description

Address Ningbo Economic and Technological Development Zone, Dagang Industrial City, Zhejiang Province, Ningbo, CHN, 315042
Ningbo Energy Group Co Ltd is a China-based electricity producer. The company is engaged in the generation and distribution of electricity, heat, and ash. Its main business is cogeneration. The company conducts its business mainly in Beilun Chunxiao area and part of the heating area of Beilun City, Jinhua Jinxi Development Zone, and Yujiao Huangjiatun Town.
52GF Score

Get the complete analysis for SHSE:600982

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

¥4.64
Price
¥3.43
GF Value