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Harbin VITI Electronic CoSHSE:603023 +2.99%54 Days Inventory is 337.33 as of Mar. 2026, which is 43% below its 10-year median of 587.06. GuruFocus rates SHSE:603023 with a GF Score™ of 54/100 and a GF Value™ of ¥8.91 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,290 Vehicles & Parts companies, Harbin VITI Electronic Co ranks worse than 94.42% on this metric.
The historical rank and industry rank for Harbin VITI Electronic Co's Days Inventory or its related term are showing as below:
SHSE:603023'
s Days Inventory Range Over the Past 10 Years
Min: 209.34 Med: 587.06 Max: 853.41
Current: 238.8
During the past 13 years, Harbin VITI Electronic Co's highest Days Inventory was 853.41. The lowest was 209.34. And the median was 587.06.
SHSE:603023's Days Inventory is ranked worse than 94.42% of 1290
companies
in the Vehicles & Parts industry
Industry Median: 80.755
vs SHSE:603023: 238.80
Inventory Turnover measures how fast the company turns over its inventory within a year.
Harbin VITI Electronic Co's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.27.
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.
Harbin VITI Electronic Co's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 3.21.
Harbin VITI Electronic Co (SHSE:603023) 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.
Harbin VITI Electronic 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.
Harbin VITI Electronic 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.
Harbin VITI Electronic Co Days Inventory Related Terms
Harbin VITI Electronic Co Days Inventory Historical Data
* 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.
SHSE:603023 vs ORLY, AZO: Days Inventory Comparison
For the Auto Parts subindustry, Harbin VITI Electronic 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.
Harbin VITI Electronic Co Days Inventory vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Harbin VITI Electronic Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Harbin VITI Electronic Co's Days Inventory falls into.
* 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.
Harbin VITI Electronic Co (SHSE:603023) has a Days Inventory of 337.33 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Harbin VITI Electronic Co and its competitors. This is 43% below median its historical median of 587.06. Over the past decade, Harbin VITI Electronic Co's Days Inventory has ranged from 209.34 to 853.41. According to the industry distribution chart, Harbin VITI Electronic Co ranks #1218 out of 1290 companies in the Vehicles & Parts industry, placing it in the top 94.4%.
Is Harbin VITI Electronic Co's Days Inventory too high?
Harbin VITI Electronic Co's current Days Inventory of 337.33 is 43% below median its 10-year median of 587.06. Over the past 10 years, this metric has ranged from a low of 209.34 to a high of 853.41. The Vehicles & Parts industry median Days Inventory is 80.76. Harbin VITI Electronic Co's value of 337.33 is 317.7% above this industry median. Based on the distribution chart, Harbin VITI Electronic Co ranks #1218 out of 1290 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Harbin VITI Electronic Co has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Harbin VITI Electronic Co's Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Harbin VITI Electronic Co ranks #1218 out of 1290 companies for Days Inventory. This places Harbin VITI Electronic Co in the lower half of its industry. The industry median Days Inventory is 80.76. Harbin VITI Electronic Co's value of 337.33 is 317.7% above this benchmark. Historically, Harbin VITI Electronic Co's own Days Inventory has ranged from 209.34 to 853.41 over the past decade. While the company's 10-year median is 587.06 vs. the industry median of 80.76, Harbin VITI Electronic 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 a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.76, based on 1,290 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. Harbin VITI Electronic Co's current Days Inventory of 337.33 is 317.7% 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 Harbin VITI Electronic Co and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbin VITI Electronic Co's current Days Inventory is 337.33, which is 43% below median its own 10-year median of 587.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbin VITI Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Harbin VITI Electronic Co (SHSE:603023) is currently considered Possible Value Trap. The stock's GF Value™ is ¥8.91, compared to a current price of ¥3.79 — trading 57.5% below its estimated fair value. The current Days Inventory is 337.33, which is 43% below median its 10-year median of 587.06 and 317.7% above the Vehicles & Parts industry median of 80.76. Harbin VITI Electronic Co's overall GF Score™ is 54/100 with 2 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 Harbin VITI Electronic Co (SHSE:603023), the current Days Inventory is 337.33 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 Harbin VITI Electronic Co (SHSE:603023) Overvalued in 2026?
Based on GuruFocus' analysis, Harbin VITI Electronic Co stock appears to be undervalued.
The current stock price of ¥3.79 is trading 57.5% below its estimated GF Value™ of ¥8.91.
GuruFocus considers Harbin VITI Electronic Co to be Possible Value Trap.
Key valuation signals for SHSE:603023:
Days Inventory: 337.33 (43% below median its 10-year median of 587.06)
GF Value™: ¥8.91 vs. price of ¥3.79 (57.5% below fair value)
Industry Position: 317.7% above the Vehicles & Parts median (#1218 of 1290)
No single metric tells the full story. See the SHSE:603023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbin VITI Electronic Co Ltd is a domestic automotive electronic control product supplier. Its engaged in the research, manufacturing, and sale of electronic products for cars and buses. It's products include CAN bus control system, bus control unit, controller (ECU control unit), Combination of instruments, sensors and other products. The products are mainly used in passenger cars, trucks and military vehicles.
54GF Score
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