Shenzhen Goodix Technology Co (SHSE:603160) Days Inventory: 123.66 (As of Mar. 2026) — 32% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603160 Shenzhen Goodix Technology Co Ltd SHSE:603160
71 GF Score
Price ¥52.40
GF Value ¥79.70
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shenzhen Goodix Technology Co Days Inventory?

Shenzhen Goodix Technology Co SHSE:603160 +0.33% 71 Days Inventory is 123.66 as of Mar. 2026, which is 32% above its 10-year median of 93.71. GuruFocus rates SHSE:603160 with a GF Score™ of 71/100 and a GF Value™ of ¥79.70 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,654 Software companies, Shenzhen Goodix Technology Co ranks worse than 79.2% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shenzhen Goodix Technology Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥776 Mil. Shenzhen Goodix Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥573 Mil. Hence, Shenzhen Goodix Technology Co's Days Inventory for the three months ended in Mar. 2026 was 123.66.

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

SHSE:603160' s Days Inventory Range Over the Past 10 Years
Min: 54.79   Med: 93.71   Max: 277.68
Current: 92.67

During the past 13 years, Shenzhen Goodix Technology Co's highest Days Inventory was 277.68. The lowest was 54.79. And the median was 93.71.

SHSE:603160's Days Inventory is ranked worse than
79.2% of 1654 companies
in the Software industry
Industry Median: 20.395 vs SHSE:603160: 92.67

Shenzhen Goodix Technology Co's Days Inventory increased from Mar. 2025 (85.75) to Mar. 2026 (123.66). It might indicate that Shenzhen Goodix Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Goodix Technology Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.74.

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 Goodix Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.80.


Shenzhen Goodix Technology Co  (SHSE:603160) 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 Goodix Technology 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.

Shenzhen Goodix Technology 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.


Shenzhen Goodix Technology Co Days Inventory Related Terms


Shenzhen Goodix Technology Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Shenzhen Goodix Technology 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.

Shenzhen Goodix Technology Co Days Inventory Chart

Shenzhen Goodix Technology 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 98.13 277.68 174.64 92.13 87.69

Shenzhen Goodix Technology 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 85.75 80.83 81.97 90.28 123.66

SHSE:603160 vs QH, SHOP, UBER: Days Inventory Comparison

For the Software - Application subindustry, Shenzhen Goodix Technology 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.


Shenzhen Goodix Technology Co Days Inventory vs Software Industry

For the Software industry and Technology sector, Shenzhen Goodix Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shenzhen Goodix Technology Co's Days Inventory falls into.


SHSE:603160
71GF Score
Shenzhen Goodix Technology Co Ltd SHSE:603160
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shenzhen Goodix Technology Co Days Inventory Calculation

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

Shenzhen Goodix Technology 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
=( (569.689 + 745.654) / 2 ) / 2737.356*365
=657.6715 / 2737.356*365
=87.69

Shenzhen Goodix Technology 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
=( (745.654 + 807.006) / 2 ) / 572.85*365 / 4
=776.33 / 572.85*365 / 4
=123.66

* 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 123.66 mean?
Shenzhen Goodix Technology Co (SHSE:603160) has a Days Inventory of 123.66 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shenzhen Goodix Technology Co and its competitors. This is 32% above median its historical median of 93.71. Over the past decade, Shenzhen Goodix Technology Co's Days Inventory has ranged from 54.79 to 277.68. According to the industry distribution chart, Shenzhen Goodix Technology Co ranks #1310 out of 1654 companies in the Software industry, placing it in the top 79.2%.
Is Shenzhen Goodix Technology Co's Days Inventory too high?
Shenzhen Goodix Technology Co's current Days Inventory of 123.66 is 32% above median its 10-year median of 93.71. Over the past 10 years, this metric has ranged from a low of 54.79 to a high of 277.68. The Software industry median Days Inventory is 20.40. Shenzhen Goodix Technology Co's value of 123.66 is 506.3% above this industry median. Based on the distribution chart, Shenzhen Goodix Technology Co ranks #1310 out of 1654 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Shenzhen Goodix Technology Co has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Goodix Technology Co's Days Inventory compare to QH and SHOP?
According to the Software industry distribution chart, Shenzhen Goodix Technology Co ranks #1310 out of 1654 companies for Days Inventory. This places Shenzhen Goodix Technology Co in the lower half of its industry. The industry median Days Inventory is 20.40. Shenzhen Goodix Technology Co's value of 123.66 is 506.3% above this benchmark. Historically, Shenzhen Goodix Technology Co's own Days Inventory has ranged from 54.79 to 277.68 over the past decade. While the company's 10-year median is 93.71 vs. the industry median of 20.40, Shenzhen Goodix Technology 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 Software company?
The median Days Inventory among Software companies is 20.40, based on 1,654 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 Goodix Technology Co's current Days Inventory of 123.66 is 506.3% 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 Shenzhen Goodix Technology Co and its competitors. For the Software industry, the median Days Inventory is 20.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shenzhen Goodix Technology Co's current Days Inventory is 123.66, which is 32% above median its own 10-year median of 93.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Goodix Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Goodix Technology Co (SHSE:603160) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥79.70, compared to a current price of ¥52.40 — trading 34.3% below its estimated fair value. The current Days Inventory is 123.66, which is 32% above median its 10-year median of 93.71 and 506.3% above the Software industry median of 20.40. Shenzhen Goodix Technology Co's overall GF Score™ is 71/100 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 Shenzhen Goodix Technology Co (SHSE:603160), the current Days Inventory is 123.66 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 Goodix Technology Co (SHSE:603160) Overvalued in 2026?

Based on GuruFocus' analysis, Shenzhen Goodix Technology Co stock appears to be undervalued. The current stock price of ¥52.40 is trading 34.3% below its estimated GF Value™ of ¥79.70. GuruFocus considers Shenzhen Goodix Technology Co to be Significantly Undervalued.

Key valuation signals for SHSE:603160:

  • Days Inventory: 123.66 (32% above median its 10-year median of 93.71)
  • GF Value™: ¥79.70 vs. price of ¥52.40 (34.3% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 506.3% above the Software median (#1310 of 1654)

No single metric tells the full story. See the SHSE:603160 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shenzhen Goodix Technology Co Business Description

Address No. 1, Meikang Road, 26th Floor, Goodix Technology Headquarters Building, Futian District, Shenzhen, CHN, 518000
Shenzhen Goodix Technology Co Ltd is a China-based company mainly engaged in the research and development of chips. The company develops capacitive touch controllers and fingerprint recognition chips, serving applications in smart devices, IoT, and automotive electronics. It is also engaged in software development. The company's products and solutions are used by various mobile brands Huawei, OPPO, Vivo, Xiaomi, Amazon, Samsung, Dell, Nokia, LG, ASUS, and others.
71GF Score

Get the complete analysis for SHSE:603160

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

¥52.40
Price
¥79.70
GF Value