Zhejiang Dingli Machinery Co (SHSE:603338) Days Inventory: 160.09 (As of Mar. 2026) — 16% 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:603338 Zhejiang Dingli Machinery Co Ltd SHSE:603338
99 GF Score
Price ¥56.91
GF Value ¥72.38
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Zhejiang Dingli Machinery Co Days Inventory?

Zhejiang Dingli Machinery Co SHSE:603338 -1.95% 99 Days Inventory is 160.09 as of Mar. 2026, which is 16% above its 10-year median of 138.59. GuruFocus rates SHSE:603338 with a GF Score™ of 99/100 and a GF Value™ of ¥72.38 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 208 Farm & Heavy Construction Machinery companies, Zhejiang Dingli Machinery Co ranks worse than 68.75% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Dingli Machinery Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥2,854 Mil. Zhejiang Dingli Machinery Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,627 Mil. Hence, Zhejiang Dingli Machinery Co's Days Inventory for the three months ended in Mar. 2026 was 160.09.

The historical rank and industry rank for Zhejiang Dingli Machinery Co's Days Inventory or its related term are showing as below:

SHSE:603338' s Days Inventory Range Over the Past 10 Years
Min: 104.12   Med: 138.59   Max: 170
Current: 169.46

During the past 13 years, Zhejiang Dingli Machinery Co's highest Days Inventory was 170.00. The lowest was 104.12. And the median was 138.59.

SHSE:603338's Days Inventory is ranked worse than
68.75% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 125.55 vs SHSE:603338: 169.46

Zhejiang Dingli Machinery Co's Days Inventory declined from Mar. 2025 (205.19) to Mar. 2026 (160.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Dingli Machinery Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.57.

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. Zhejiang Dingli Machinery Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.16.


Zhejiang Dingli Machinery Co  (SHSE:603338) 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.

Zhejiang Dingli Machinery 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.

Zhejiang Dingli Machinery 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.


Zhejiang Dingli Machinery Co Days Inventory Related Terms


Zhejiang Dingli Machinery Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Zhejiang Dingli Machinery 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.

Zhejiang Dingli Machinery Co Days Inventory Chart

Zhejiang Dingli Machinery 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 121.77 154.68 170.00 153.59 169.75

Zhejiang Dingli Machinery 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 205.19 153.36 177.33 197.12 160.09

SHSE:603338 vs CAT, DE, PCAR: Days Inventory Comparison

For the Farm & Heavy Construction Machinery subindustry, Zhejiang Dingli Machinery 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.


Zhejiang Dingli Machinery Co Days Inventory vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zhejiang Dingli Machinery Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Dingli Machinery Co's Days Inventory falls into.


SHSE:603338
99GF Score
Zhejiang Dingli Machinery Co Ltd SHSE:603338
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Dingli Machinery Co Days Inventory Calculation

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

Zhejiang Dingli Machinery 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
=( (2342.136 + 2901.858) / 2 ) / 5637.786*365
=2621.997 / 5637.786*365
=169.75

Zhejiang Dingli Machinery 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
=( (2901.858 + 2805.298) / 2 ) / 1626.542*365 / 4
=2853.578 / 1626.542*365 / 4
=160.09

* 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 160.09 mean?
Zhejiang Dingli Machinery Co (SHSE:603338) has a Days Inventory of 160.09 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zhejiang Dingli Machinery Co and its competitors. This is 16% above median its historical median of 138.59. Over the past decade, Zhejiang Dingli Machinery Co's Days Inventory has ranged from 104.12 to 170.00. According to the industry distribution chart, Zhejiang Dingli Machinery Co ranks #143 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 68.7%.
Is Zhejiang Dingli Machinery Co's Days Inventory too high?
Zhejiang Dingli Machinery Co's current Days Inventory of 160.09 is 16% above median its 10-year median of 138.59. Over the past 10 years, this metric has ranged from a low of 104.12 to a high of 170.00. The Farm & Heavy Construction Machinery industry median Days Inventory is 125.55. Zhejiang Dingli Machinery Co's value of 160.09 is 27.5% above this industry median. Based on the distribution chart, Zhejiang Dingli Machinery Co ranks #143 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Zhejiang Dingli Machinery Co has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Dingli Machinery Co's Days Inventory compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Zhejiang Dingli Machinery Co ranks #143 out of 208 companies for Days Inventory. This places Zhejiang Dingli Machinery Co in the lower half of its industry. The industry median Days Inventory is 125.55. Zhejiang Dingli Machinery Co's value of 160.09 is 27.5% above this benchmark. Historically, Zhejiang Dingli Machinery Co's own Days Inventory has ranged from 104.12 to 170.00 over the past decade. While the company's 10-year median is 138.59 vs. the industry median of 125.55, Zhejiang Dingli Machinery 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 Farm & Heavy Construction Machinery company?
The median Days Inventory among Farm & Heavy Construction Machinery companies is 125.55, based on 208 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. Zhejiang Dingli Machinery Co's current Days Inventory of 160.09 is 27.5% 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 Zhejiang Dingli Machinery Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Inventory is 125.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Dingli Machinery Co's current Days Inventory is 160.09, which is 16% above median its own 10-year median of 138.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Dingli Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Dingli Machinery Co (SHSE:603338) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥72.38, compared to a current price of ¥56.91 — trading 21.4% below its estimated fair value. The current Days Inventory is 160.09, which is 16% above median its 10-year median of 138.59 and 27.5% above the Farm & Heavy Construction Machinery industry median of 125.55. Zhejiang Dingli Machinery Co's overall GF Score™ is 99/100 with 1 warning sign 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 Zhejiang Dingli Machinery Co (SHSE:603338), the current Days Inventory is 160.09 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 Zhejiang Dingli Machinery Co (SHSE:603338) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Dingli Machinery Co stock appears to be undervalued. The current stock price of ¥56.91 is trading 21.4% below its estimated GF Value™ of ¥72.38. GuruFocus considers Zhejiang Dingli Machinery Co to be Modestly Undervalued.

Key valuation signals for SHSE:603338:

  • Days Inventory: 160.09 (16% above median its 10-year median of 138.59)
  • GF Value™: ¥72.38 vs. price of ¥56.91 (21.4% below fair value)
  • GF Score™: 99/100 with 1 warning sign
  • Industry Position: 27.5% above the Farm & Heavy Construction Machinery median (#143 of 208)

No single metric tells the full story. See the SHSE:603338 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Dingli Machinery Co Business Description

Address No. 188, Qihang Road, Deqing County, Zhejiang Province, Huzhou, CHN, 313219
Zhejiang Dingli Machinery Co Ltd is engaged in the research and development, production, and sales of aerial work machinery and industrial vehicles. The company manufactures a range of aerial work platforms, including electric, diesel, and hybrid boom lifts, scissor lifts, mast lifts, and specialized models. Its products are applied across industrial, commercial, construction, and engineering sectors, as well as in logistics, petrochemicals, shipbuilding, and specialized fields such as power grids, nuclear facilities, high-speed rail, airports, and tunnels.
99GF Score

Get the complete analysis for SHSE:603338

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

¥56.91
Price
¥72.38
GF Value