Ningbo Techmation Co (SHSE:603015) Days Inventory: 253.98 (As of Mar. 2026) — 13% Above Median

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SHSE:603015 Ningbo Techmation Co Ltd SHSE:603015
73 GF Score
Price ¥10.67
GF Value ¥12.03
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ningbo Techmation Co Days Inventory?

Ningbo Techmation Co SHSE:603015 73 Days Inventory is 253.98 as of Mar. 2026, which is 13% above its 10-year median of 224.35. GuruFocus rates SHSE:603015 with a GF Score™ of 73/100 and a GF Value™ of ¥12.03 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,966 Industrial Products companies, Ningbo Techmation Co ranks worse than 83.95% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ningbo Techmation Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥346.1 Mil. Ningbo Techmation Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥124.3 Mil. Hence, Ningbo Techmation Co's Days Inventory for the three months ended in Mar. 2026 was 253.98.

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

SHSE:603015' s Days Inventory Range Over the Past 10 Years
Min: 170.53   Med: 224.35   Max: 291.71
Current: 247.04

During the past 13 years, Ningbo Techmation Co's highest Days Inventory was 291.71. The lowest was 170.53. And the median was 224.35.

SHSE:603015's Days Inventory is ranked worse than
83.95% of 2966 companies
in the Industrial Products industry
Industry Median: 120.315 vs SHSE:603015: 247.04

Ningbo Techmation Co's Days Inventory increased from Mar. 2025 (225.63) to Mar. 2026 (253.98). It might indicate that Ningbo Techmation Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Techmation Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.36.

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 Techmation Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.81.


Ningbo Techmation Co  (SHSE:603015) 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 Techmation 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 Techmation 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 Techmation Co Days Inventory Related Terms


Ningbo Techmation Co Days Inventory Historical Data

* Premium members only.

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

Ningbo Techmation 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 214.18 291.71 277.00 223.22 225.48

Ningbo Techmation 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 225.63 228.94 262.82 241.05 253.98

SHSE:603015 vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Ningbo Techmation 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 Techmation Co Days Inventory vs Industrial Products Industry

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

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


SHSE:603015
73GF Score
Ningbo Techmation Co Ltd SHSE:603015
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Techmation Co Days Inventory Calculation

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

Ningbo Techmation 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
=( (324.977 + 332.892) / 2 ) / 532.478*365
=328.9345 / 532.478*365
=225.48

Ningbo Techmation 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
=( (332.892 + 359.279) / 2 ) / 124.344*365 / 4
=346.0855 / 124.344*365 / 4
=253.98

* 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 253.98 mean?
Ningbo Techmation Co (SHSE:603015) has a Days Inventory of 253.98 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ningbo Techmation Co and its competitors. This is 13% above median its historical median of 224.35. Over the past decade, Ningbo Techmation Co's Days Inventory has ranged from 170.53 to 291.71. According to the industry distribution chart, Ningbo Techmation Co ranks #2490 out of 2966 companies in the Industrial Products industry, placing it in the top 84%.
Is Ningbo Techmation Co's Days Inventory too high?
Ningbo Techmation Co's current Days Inventory of 253.98 is 13% above median its 10-year median of 224.35. Over the past 10 years, this metric has ranged from a low of 170.53 to a high of 291.71. The Industrial Products industry median Days Inventory is 120.32. Ningbo Techmation Co's value of 253.98 is 111.1% above this industry median. Based on the distribution chart, Ningbo Techmation Co ranks #2490 out of 2966 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ningbo Techmation Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Techmation Co's Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ningbo Techmation Co ranks #2490 out of 2966 companies for Days Inventory. This places Ningbo Techmation Co in the lower half of its industry. The industry median Days Inventory is 120.32. Ningbo Techmation Co's value of 253.98 is 111.1% above this benchmark. Historically, Ningbo Techmation Co's own Days Inventory has ranged from 170.53 to 291.71 over the past decade. While the company's 10-year median is 224.35 vs. the industry median of 120.32, Ningbo Techmation Co has consistently been above 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 Industrial Products company?
The median Days Inventory among Industrial Products companies is 120.32, based on 2,966 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 Techmation Co's current Days Inventory of 253.98 is 111.1% above 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 Techmation Co and its competitors. For the Industrial Products industry, the median Days Inventory is 120.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Techmation Co's current Days Inventory is 253.98, which is 13% above median its own 10-year median of 224.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Techmation Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Techmation Co (SHSE:603015) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.03, compared to a current price of ¥10.67 — trading 11.3% below its estimated fair value. The current Days Inventory is 253.98, which is 13% above median its 10-year median of 224.35 and 111.1% above the Industrial Products industry median of 120.32. Ningbo Techmation Co's overall GF Score™ is 73/100 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 Ningbo Techmation Co (SHSE:603015), the current Days Inventory is 253.98 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 Techmation Co (SHSE:603015) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Techmation Co stock appears to be undervalued. The current stock price of ¥10.67 is trading 11.3% below its estimated GF Value™ of ¥12.03. GuruFocus considers Ningbo Techmation Co to be Modestly Undervalued.

Key valuation signals for SHSE:603015:

  • Days Inventory: 253.98 (13% above median its 10-year median of 224.35)
  • GF Value™: ¥12.03 vs. price of ¥10.67 (11.3% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 111.1% above the Industrial Products median (#2490 of 2966)

No single metric tells the full story. See the SHSE:603015 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Techmation Co Business Description

Address No. 88 Dagang Fifth Road, Beilun, Ningbo, CHN
Ningbo Techmation Co Ltd supplies automation system integration in the plastics processing industry. It provides high-quality automation system solutions for medium and high-end plastic machinery manufacturers. Its products include iNet, a plastic machinery control system, an energy-saving servo system, and other automated products and system solutions.
73GF Score

Get the complete analysis for SHSE:603015

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

¥10.67
Price
¥12.03
GF Value