Shenzhen Gas (SHSE:601139) Days Inventory: 16.16 (As of Mar. 2026) — Near Median

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SHSE:601139 Shenzhen Gas Corp Ltd SHSE:601139
83 GF Score
Price ¥6.34
GF Value ¥6.75
Valuation Fairly Valued
! 7 Warning Signs
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What is Shenzhen Gas Days Inventory?

Shenzhen Gas SHSE:601139 -1.09% 83 Days Inventory is 16.16 as of Mar. 2026, which is 8% below its 10-year median of 17.59. GuruFocus rates SHSE:601139 with a GF Score™ of 83/100 and a GF Value™ of ¥6.75 (Fairly Valued). The stock has 7 warning signs investors should review. Among 452 Utilities - Regulated companies, Shenzhen Gas ranks better than 62.17% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Gas's Average Total Inventories for the three months ended in Mar. 2026 was ¥1,009 Mil. Shenzhen Gas's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥5,700 Mil. Hence, Shenzhen Gas's Days Inventory for the three months ended in Mar. 2026 was 16.16.

The historical rank and industry rank for Shenzhen Gas's Days Inventory or its related term are showing as below:

SHSE:601139' s Days Inventory Range Over the Past 10 Years
Min: 13.44   Med: 17.59   Max: 29.42
Current: 15.61

During the past 13 years, Shenzhen Gas's highest Days Inventory was 29.42. The lowest was 13.44. And the median was 17.59.

SHSE:601139's Days Inventory is ranked better than
62.17% of 452 companies
in the Utilities - Regulated industry
Industry Median: 22.825 vs SHSE:601139: 15.61

Shenzhen Gas's Days Inventory increased from Mar. 2025 (14.71) to Mar. 2026 (16.16). It might indicate that Shenzhen Gas's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Gas's Inventory Turnover for the three months ended in Mar. 2026 was 5.65.

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. Shenzhen Gas's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.15.


Shenzhen Gas  (SHSE:601139) 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.

Shenzhen Gas'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.

Shenzhen Gas'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.


Shenzhen Gas Days Inventory Related Terms


Shenzhen Gas Days Inventory Historical Data

* Premium members only.

The historical data trend for Shenzhen Gas'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.

Shenzhen Gas Days Inventory Chart

Shenzhen Gas 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 18.60 26.04 29.42 23.70 15.72

Shenzhen Gas 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 14.71 15.03 16.30 15.26 16.16

SHSE:601139 vs ATO, NI: Days Inventory Comparison

For the Utilities - Regulated Gas subindustry, Shenzhen Gas'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.


Shenzhen Gas Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shenzhen Gas's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Gas's Days Inventory falls into.


SHSE:601139
83GF Score
Shenzhen Gas Corp Ltd SHSE:601139
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Gas Days Inventory Calculation

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

Shenzhen Gas'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
=( (1101.021 + 1012.945) / 2 ) / 24544.943*365
=1056.983 / 24544.943*365
=15.72

Shenzhen Gas'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
=( (1012.945 + 1005.887) / 2 ) / 5699.802*365 / 4
=1009.416 / 5699.802*365 / 4
=16.16

* 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 16.16 mean?
Shenzhen Gas (SHSE:601139) has a Days Inventory of 16.16 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shenzhen Gas and its competitors. This is near median its historical median of 17.59. Over the past decade, Shenzhen Gas' Days Inventory has ranged from 13.44 to 29.42. According to the industry distribution chart, Shenzhen Gas ranks #171 out of 452 companies in the Utilities - Regulated industry, placing it in the top 37.8%.
Is Shenzhen Gas' Days Inventory too high?
Shenzhen Gas' current Days Inventory of 16.16 is near median its 10-year median of 17.59. Over the past 10 years, this metric has ranged from a low of 13.44 to a high of 29.42. The Utilities - Regulated industry median Days Inventory is 22.83. Shenzhen Gas' value of 16.16 is 29.2% below this industry median. Based on the distribution chart, Shenzhen Gas ranks #171 out of 452 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Shenzhen Gas has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Gas' Days Inventory compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shenzhen Gas ranks #171 out of 452 companies for Days Inventory. This puts Shenzhen Gas in the upper half of its industry. The industry median Days Inventory is 22.83. Shenzhen Gas' value of 16.16 is 29.2% below this benchmark. Historically, Shenzhen Gas' own Days Inventory has ranged from 13.44 to 29.42 over the past decade. While the company's 10-year median is 17.59 vs. the industry median of 22.83, Shenzhen Gas 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 22.83, 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. Shenzhen Gas's current Days Inventory of 16.16 is 29.2% 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 Shenzhen Gas and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Gas's current Days Inventory is 16.16, which is near 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 Shenzhen Gas stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Gas (SHSE:601139) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.75, compared to a current price of ¥6.34 — trading 6.1% below its estimated fair value. The current Days Inventory is 16.16, which is near median its 10-year median of 17.59 and 29.2% below the Utilities - Regulated industry median of 22.83. Shenzhen Gas' overall GF Score™ is 83/100 with 7 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 Shenzhen Gas (SHSE:601139), the current Days Inventory is 16.16 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 Shenzhen Gas (SHSE:601139) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Gas stock appears to be undervalued. The current stock price of ¥6.34 is trading 6.1% below its estimated GF Value™ of ¥6.75. GuruFocus considers Shenzhen Gas to be Fairly Valued.

Key valuation signals for SHSE:601139:

  • Days Inventory: 16.16 (near median its 10-year median of 17.59)
  • GF Value™: ¥6.75 vs. price of ¥6.34 (6.1% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 29.2% below the Utilities - Regulated median (#171 of 452)

No single metric tells the full story. See the SHSE:601139 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Gas Business Description

Address Mei Road 268, Futian District, Guangdong Province, Shenzhen, CHN, 518049
Shenzhen Gas Corp Ltd is engaged in urban pipeline gas supply, liquefied petroleum gas wholesale, and bottled liquefied petroleum gas retail activities in China and internationally. It serves approximately 2.54 million pipeline gas customers. The company also holds rights for pipeline gas business in around 29 cities under the Shenzhen gas brand.
83GF Score

Get the complete analysis for SHSE:601139

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

¥6.34
Price
¥6.75
GF Value