Quectel Wireless Solutions Co (SHSE:603236) Days Inventory: 98.47 (As of Mar. 2026) — 23% Above Median

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SHSE:603236 Quectel Wireless Solutions Co Ltd SHSE:603236
90 GF Score
Price ¥48.89
GF Value ¥67.64
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Quectel Wireless Solutions Co Days Inventory?

Quectel Wireless Solutions Co SHSE:603236 -1.01% 90 Days Inventory is 98.47 as of Mar. 2026, which is 23% above its 10-year median of 80.31. GuruFocus rates SHSE:603236 with a GF Score™ of 90/100 and a GF Value™ of ¥67.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,417 Hardware companies, Quectel Wireless Solutions Co ranks better than 53.5% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Quectel Wireless Solutions Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥6,039 Mil. Quectel Wireless Solutions Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥5,596 Mil. Hence, Quectel Wireless Solutions Co's Days Inventory for the three months ended in Mar. 2026 was 98.47.

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

SHSE:603236' s Days Inventory Range Over the Past 10 Years
Min: 55.15   Med: 80.31   Max: 106.19
Current: 88.84

During the past 13 years, Quectel Wireless Solutions Co's highest Days Inventory was 106.19. The lowest was 55.15. And the median was 80.31.

SHSE:603236's Days Inventory is ranked better than
53.5% of 2417 companies
in the Hardware industry
Industry Median: 94.06 vs SHSE:603236: 88.84

Quectel Wireless Solutions Co's Days Inventory increased from Mar. 2025 (83.23) to Mar. 2026 (98.47). It might indicate that Quectel Wireless Solutions Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Quectel Wireless Solutions Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.93.

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. Quectel Wireless Solutions Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.89.


Quectel Wireless Solutions Co  (SHSE:603236) 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.

Quectel Wireless Solutions 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.

Quectel Wireless Solutions 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.


Quectel Wireless Solutions Co Days Inventory Related Terms


Quectel Wireless Solutions Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Quectel Wireless Solutions 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.

Quectel Wireless Solutions Co Days Inventory Chart

Quectel Wireless Solutions 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 81.32 91.32 106.19 80.81 79.80

Quectel Wireless Solutions 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 83.23 80.39 82.24 87.41 98.47

SHSE:603236 vs CSCO, CIEN, MSI: Days Inventory Comparison

For the Communication Equipment subindustry, Quectel Wireless Solutions 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.


Quectel Wireless Solutions Co Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Quectel Wireless Solutions Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Quectel Wireless Solutions Co's Days Inventory falls into.


SHSE:603236
90GF Score
Quectel Wireless Solutions Co Ltd SHSE:603236
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Quectel Wireless Solutions Co Days Inventory Calculation

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

Quectel Wireless Solutions 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
=( (3259.878 + 5524.85) / 2 ) / 20090.246*365
=4392.364 / 20090.246*365
=79.80

Quectel Wireless Solutions 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
=( (5524.85 + 6552.826) / 2 ) / 5595.921*365 / 4
=6038.838 / 5595.921*365 / 4
=98.47

* 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 98.47 mean?
Quectel Wireless Solutions Co (SHSE:603236) has a Days Inventory of 98.47 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Quectel Wireless Solutions Co and its competitors. This is 23% above median its historical median of 80.31. Over the past decade, Quectel Wireless Solutions Co's Days Inventory has ranged from 55.15 to 106.19. According to the industry distribution chart, Quectel Wireless Solutions Co ranks #1124 out of 2417 companies in the Hardware industry, placing it in the top 46.5%.
Is Quectel Wireless Solutions Co's Days Inventory too high?
Quectel Wireless Solutions Co's current Days Inventory of 98.47 is 23% above median its 10-year median of 80.31. Over the past 10 years, this metric has ranged from a low of 55.15 to a high of 106.19. The Hardware industry median Days Inventory is 94.06. Quectel Wireless Solutions Co's value of 98.47 is 4.7% above this industry median. Based on the distribution chart, Quectel Wireless Solutions Co ranks #1124 out of 2417 companies in the Hardware industry, which is above the industry midpoint. Overall, Quectel Wireless Solutions Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quectel Wireless Solutions Co's Days Inventory compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Quectel Wireless Solutions Co ranks #1124 out of 2417 companies for Days Inventory. This puts Quectel Wireless Solutions Co in the upper half of its industry. The industry median Days Inventory is 94.06. Quectel Wireless Solutions Co's value of 98.47 is 4.7% above this benchmark. Historically, Quectel Wireless Solutions Co's own Days Inventory has ranged from 55.15 to 106.19 over the past decade. While the company's 10-year median is 80.31 vs. the industry median of 94.06, Quectel Wireless Solutions 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 Hardware company?
The median Days Inventory among Hardware companies is 94.06, based on 2,417 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. Quectel Wireless Solutions Co's current Days Inventory of 98.47 is 4.7% 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 Quectel Wireless Solutions Co and its competitors. For the Hardware industry, the median Days Inventory is 94.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quectel Wireless Solutions Co's current Days Inventory is 98.47, which is 23% above median its own 10-year median of 80.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quectel Wireless Solutions Co stock overvalued right now?
Based on GuruFocus' analysis, Quectel Wireless Solutions Co (SHSE:603236) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥67.64, compared to a current price of ¥48.89 — trading 27.7% below its estimated fair value. The current Days Inventory is 98.47, which is 23% above median its 10-year median of 80.31 and 4.7% above the Hardware industry median of 94.06. Quectel Wireless Solutions Co's overall GF Score™ is 90/100 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 Quectel Wireless Solutions Co (SHSE:603236), the current Days Inventory is 98.47 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 Quectel Wireless Solutions Co (SHSE:603236) Overvalued in 2026?

Based on GuruFocus' analysis, Quectel Wireless Solutions Co stock appears to be undervalued. The current stock price of ¥48.89 is trading 27.7% below its estimated GF Value™ of ¥67.64. GuruFocus considers Quectel Wireless Solutions Co to be Modestly Undervalued.

Key valuation signals for SHSE:603236:

  • Days Inventory: 98.47 (23% above median its 10-year median of 80.31)
  • GF Value™: ¥67.64 vs. price of ¥48.89 (27.7% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 4.7% above the Hardware median (#1124 of 2417)

No single metric tells the full story. See the SHSE:603236 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quectel Wireless Solutions Co Business Description

Address No.1016 Tianlin Road, Building 5, Shanghai Business Park, Minhang District, Shanghai, CHN, 200233
Quectel Wireless Solutions Co Ltd is engaged in the design, development of cellular communication modules. It primarily supplies 5G, LTE, LTE-A, LPWA, Smart Module, C-V2X, GSM/GPRS and GNSS modules.
90GF Score

Get the complete analysis for SHSE:603236

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

¥48.89
Price
¥67.64
GF Value