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Shandong Daye CoSHSE:603278 +0.53%70 Days Inventory is 68.83 as of Mar. 2026, which is 29% above its 10-year median of 53.40. GuruFocus rates SHSE:603278 with a GF Score™ of 70/100 and a GF Value™ of ¥12.34 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 2,966 Industrial Products companies, Shandong Daye Co ranks better than 84.63% on this metric.
The historical rank and industry rank for Shandong Daye Co's Days Inventory or its related term are showing as below:
SHSE:603278'
s Days Inventory Range Over the Past 10 Years
Min: 50.12 Med: 53.4 Max: 58.03
Current: 58.03
During the past 13 years, Shandong Daye Co's highest Days Inventory was 58.03. The lowest was 50.12. And the median was 53.40.
SHSE:603278's Days Inventory is ranked better than 84.63% of 2966
companies
in the Industrial Products industry
Industry Median: 120.315
vs SHSE:603278: 58.03
Shandong Daye Co's Days Inventory
increased
from Mar. 2025 (57.99) to Mar. 2026 (68.83).
It might indicate that Shandong Daye Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shandong Daye Co's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.33.
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.
Shandong Daye Co's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.70.
Shandong Daye Co (SHSE:603278) 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.
Shandong Daye 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.
Shandong Daye 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.
Shandong Daye Co Days Inventory Related Terms
Shandong Daye Co Days Inventory Historical Data
* Premium members only.
The historical data trend for Shandong Daye 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.
SHSE:603278 vs CRS, ATI, MLI: Days Inventory Comparison
For the Metal Fabrication subindustry, Shandong Daye 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.
Shandong Daye Co Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shandong Daye Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Shandong Daye 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.
Shandong Daye Co (SHSE:603278) has a Days Inventory of 68.83 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shandong Daye Co and its competitors. This is 29% above median its historical median of 53.40. Over the past decade, Shandong Daye Co's Days Inventory has ranged from 50.12 to 58.03. According to the industry distribution chart, Shandong Daye Co ranks #456 out of 2966 companies in the Industrial Products industry, placing it in the top 15.4%.
Is Shandong Daye Co's Days Inventory too high?
Shandong Daye Co's current Days Inventory of 68.83 is 29% above median its 10-year median of 53.40. Over the past 10 years, this metric has ranged from a low of 50.12 to a high of 58.03. The Industrial Products industry median Days Inventory is 120.32. Shandong Daye Co's value of 68.83 is 42.8% below this industry median. Based on the distribution chart, Shandong Daye Co ranks #456 out of 2966 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shandong Daye Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Daye Co's Days Inventory compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Shandong Daye Co ranks #456 out of 2966 companies for Days Inventory. This places Shandong Daye Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Inventory is 120.32. Shandong Daye Co's value of 68.83 is 42.8% below this benchmark. Historically, Shandong Daye Co's own Days Inventory has ranged from 50.12 to 58.03 over the past decade. While the company's 10-year median is 53.40 vs. the industry median of 120.32, Shandong Daye Co 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 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. Shandong Daye Co's current Days Inventory of 68.83 is 42.8% 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 Shandong Daye 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. Shandong Daye Co's current Days Inventory is 68.83, which is 29% above median its own 10-year median of 53.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Daye Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Daye Co (SHSE:603278) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥12.34, compared to a current price of ¥9.54 — trading 22.7% below its estimated fair value. The current Days Inventory is 68.83, which is 29% above median its 10-year median of 53.40 and 42.8% below the Industrial Products industry median of 120.32. Shandong Daye Co's overall GF Score™ is 70/100 with 9 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 Shandong Daye Co (SHSE:603278), the current Days Inventory is 68.83 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 Shandong Daye Co (SHSE:603278) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Daye Co stock appears to be undervalued.
The current stock price of ¥9.54 is trading 22.7% below its estimated GF Value™ of ¥12.34.
GuruFocus considers Shandong Daye Co to be Modestly Undervalued.
Key valuation signals for SHSE:603278:
Days Inventory: 68.83 (29% above median its 10-year median of 53.40)
GF Value™: ¥12.34 vs. price of ¥9.54 (22.7% below fair value)
Industry Position: 42.8% below the Industrial Products median (#456 of 2966)
No single metric tells the full story. See the SHSE:603278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Daye Co Ltd is engaged in the bead wire, steel cord and hose wires. Its customers include tyre manufacturers such as ZC Rubber, Cheng xin, CST, Double Coin, and Aeolus Tyre. The company has established the National Rubber Frame Material Standard R&D Base, Petroleum and Chemical Industry High-Performance Bead Wire Research Center, and Shandong High-Performance Bead Wire Engineering.
70GF Score
Get the complete analysis for SHSE:603278
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