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Well Lead Medical CoSHSE:603309 +0.17%84 Days Inventory is 72.10 as of Jun. 2026, which is 3% above its 10-year median of 70.21. GuruFocus rates SHSE:603309 with a GF Score™ of 84/100 and a GF Value™ of ¥14.48 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 787 Medical Devices & Instruments companies, Well Lead Medical Co ranks better than 88.44% on this metric.
The historical rank and industry rank for Well Lead Medical Co's Days Inventory or its related term are showing as below:
SHSE:603309'
s Days Inventory Range Over the Past 10 Years
Min: 65.89 Med: 70.21 Max: 85.42
Current: 76.42
During the past 13 years, Well Lead Medical Co's highest Days Inventory was 85.42. The lowest was 65.89. And the median was 70.21.
SHSE:603309's Days Inventory is ranked better than 88.44% of 787
companies
in the Medical Devices & Instruments industry
Industry Median: 178.92
vs SHSE:603309: 76.42
Well Lead Medical Co's Days Inventory
declined
from Jun. 2025 (78.32) to Jun. 2026 (72.10).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Well Lead Medical Co's Inventory Turnover for the
three
months ended in Jun. 2026 was 1.27.
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.
Well Lead Medical Co's Inventory-to-Revenue for the
three
months ended in Jun. 2026 was 0.47.
Well Lead Medical Co (SHSE:603309) 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.
Well Lead Medical Co's Inventory Turnover for the
three
months ended in Jun. 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.
Well Lead Medical Co's Inventory to Revenue for the
three
months ended in Jun. 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.
Well Lead Medical Co Days Inventory Related Terms
Well Lead Medical Co Days Inventory Historical Data
* Premium members only.
The historical data trend for Well Lead Medical 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:603309 vs ISRG, BDX, MDLN: Days Inventory Comparison
For the Medical Instruments & Supplies subindustry, Well Lead Medical 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.
Well Lead Medical Co Days Inventory vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Well Lead Medical Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Well Lead Medical 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.
Well Lead Medical Co (SHSE:603309) has a Days Inventory of 72.10 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Well Lead Medical Co and its competitors. This is near median its historical median of 70.21. Over the past decade, Well Lead Medical Co's Days Inventory has ranged from 65.89 to 85.42. According to the industry distribution chart, Well Lead Medical Co ranks #91 out of 787 companies in the Medical Devices & Instruments industry, placing it in the top 11.6%.
Is Well Lead Medical Co's Days Inventory too high?
Well Lead Medical Co's current Days Inventory of 72.10 is near median its 10-year median of 70.21. Over the past 10 years, this metric has ranged from a low of 65.89 to a high of 85.42. The Medical Devices & Instruments industry median Days Inventory is 178.92. Well Lead Medical Co's value of 72.10 is 59.7% below this industry median. Based on the distribution chart, Well Lead Medical Co ranks #91 out of 787 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Well Lead Medical Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Well Lead Medical Co's Days Inventory compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Well Lead Medical Co ranks #91 out of 787 companies for Days Inventory. This places Well Lead Medical Co in the top 12% of its industry — outperforming the majority of peers. The industry median Days Inventory is 178.92. Well Lead Medical Co's value of 72.10 is 59.7% below this benchmark. Historically, Well Lead Medical Co's own Days Inventory has ranged from 65.89 to 85.42 over the past decade. While the company's 10-year median is 70.21 vs. the industry median of 178.92, Well Lead Medical 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 a Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 178.92, based on 787 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. Well Lead Medical Co's current Days Inventory of 72.10 is 59.7% 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 Well Lead Medical Co and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 178.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Well Lead Medical Co's current Days Inventory is 72.10, which is near median its own 10-year median of 70.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Lead Medical Co stock overvalued right now?
Based on GuruFocus' analysis, Well Lead Medical Co (SHSE:603309) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.48, compared to a current price of ¥11.59 — trading 20% below its estimated fair value. The current Days Inventory is 72.10, which is near median its 10-year median of 70.21 and 59.7% below the Medical Devices & Instruments industry median of 178.92. Well Lead Medical Co's overall GF Score™ is 84/100 with 4 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 Well Lead Medical Co (SHSE:603309), the current Days Inventory is 72.10 as of Jun. 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 Well Lead Medical Co (SHSE:603309) Overvalued in 2026?
Based on GuruFocus' analysis, Well Lead Medical Co stock appears to be undervalued.
The current stock price of ¥11.59 is trading 20% below its estimated GF Value™ of ¥14.48.
GuruFocus considers Well Lead Medical Co to be Modestly Undervalued.
Key valuation signals for SHSE:603309:
Days Inventory: 72.10 (near median its 10-year median of 70.21)
GF Value™: ¥14.48 vs. price of ¥11.59 (20% below fair value)
Industry Position: 59.7% below the Medical Devices & Instruments median (#91 of 787)
No single metric tells the full story. See the SHSE:603309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressNo. 45-47, South of Guomao Avenue, No. 4, Area C, Jinhu Industrial City, Hualong Town, Panyu District, Guangdong Province, Guangzhou City, CHN, 511434
Well Lead Medical Co Ltd is engaged in research, production, and sales of medical catheters in anaesthesia, urology, respiratory and hemodialysis region. Its products include Endotracheal Tube, Standar Endotracheal Tube, and Suction Endotracheal Tube. The company products are used in surgery, treatment, first aid, and nursing. The company exports its products to North America, Europe, and Japan.
84GF Score
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