Zhejiangnmei Chemical Industry Co (SHSE:603379) Days Inventory: 79.33 (As of Mar. 2026) — 79% 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:603379 Zhejiang Sanmei Chemical Industry Co Ltd SHSE:603379
95 GF Score
Price ¥60.21
GF Value ¥67.16
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Zhejiangnmei Chemical Industry Co Days Inventory?

Zhejiangnmei Chemical Industry Co SHSE:603379 +0.18% 95 Days Inventory is 79.33 as of Mar. 2026, which is 79% above its 10-year median of 44.40. GuruFocus rates SHSE:603379 with a GF Score™ of 95/100 and a GF Value™ of ¥67.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,541 Chemicals companies, Zhejiangnmei Chemical Industry Co ranks better than 55.81% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiangnmei Chemical Industry Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥566 Mil. Zhejiangnmei Chemical Industry Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥651 Mil. Hence, Zhejiangnmei Chemical Industry Co's Days Inventory for the three months ended in Mar. 2026 was 79.33.

The historical rank and industry rank for Zhejiangnmei Chemical Industry Co's Days Inventory or its related term are showing as below:

SHSE:603379' s Days Inventory Range Over the Past 10 Years
Min: 34.24   Med: 44.4   Max: 73.44
Current: 73.44

During the past 13 years, Zhejiangnmei Chemical Industry Co's highest Days Inventory was 73.44. The lowest was 34.24. And the median was 44.40.

SHSE:603379's Days Inventory is ranked better than
55.81% of 1541 companies
in the Chemicals industry
Industry Median: 80.09 vs SHSE:603379: 73.44

Zhejiangnmei Chemical Industry Co's Days Inventory declined from Mar. 2025 (83.20) to Mar. 2026 (79.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiangnmei Chemical Industry Co's Inventory Turnover for the three months ended in Mar. 2026 was 1.15.

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. Zhejiangnmei Chemical Industry Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.40.


Zhejiangnmei Chemical Industry Co  (SHSE:603379) 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.

Zhejiangnmei Chemical Industry 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.

Zhejiangnmei Chemical Industry 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.


Zhejiangnmei Chemical Industry Co Days Inventory Related Terms


Zhejiangnmei Chemical Industry Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Zhejiangnmei Chemical Industry 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.

Zhejiangnmei Chemical Industry Co Days Inventory Chart

Zhejiangnmei Chemical Industry 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 46.08 47.86 68.95 71.07 69.98

Zhejiangnmei Chemical Industry 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 83.20 71.75 70.38 70.76 79.33

SHSE:603379 vs DOW: Days Inventory Comparison

For the Chemicals subindustry, Zhejiangnmei Chemical Industry 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.


Zhejiangnmei Chemical Industry Co Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiangnmei Chemical Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiangnmei Chemical Industry Co's Days Inventory falls into.


SHSE:603379
95GF Score
Zhejiang Sanmei Chemical Industry Co Ltd SHSE:603379
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiangnmei Chemical Industry Co Days Inventory Calculation

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

Zhejiangnmei Chemical Industry 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
=( (561.177 + 546.965) / 2 ) / 2889.779*365
=554.071 / 2889.779*365
=69.98

Zhejiangnmei Chemical Industry 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
=( (546.965 + 585.238) / 2 ) / 651.134*365 / 4
=566.1015 / 651.134*365 / 4
=79.33

* 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 79.33 mean?
Zhejiangnmei Chemical Industry Co (SHSE:603379) has a Days Inventory of 79.33 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zhejiangnmei Chemical Industry Co and its competitors. This is 79% above median its historical median of 44.40. Over the past decade, Zhejiangnmei Chemical Industry Co's Days Inventory has ranged from 34.24 to 73.44. According to the industry distribution chart, Zhejiangnmei Chemical Industry Co ranks #681 out of 1541 companies in the Chemicals industry, placing it in the top 44.2%.
Is Zhejiangnmei Chemical Industry Co's Days Inventory too high?
Zhejiangnmei Chemical Industry Co's current Days Inventory of 79.33 is 79% above median its 10-year median of 44.40. Over the past 10 years, this metric has ranged from a low of 34.24 to a high of 73.44. The Chemicals industry median Days Inventory is 80.09. Zhejiangnmei Chemical Industry Co's value of 79.33 is 0.9% below this industry median. Based on the distribution chart, Zhejiangnmei Chemical Industry Co ranks #681 out of 1541 companies in the Chemicals industry, which is above the industry midpoint. Overall, Zhejiangnmei Chemical Industry Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiangnmei Chemical Industry Co's Days Inventory compare to DOW?
According to the Chemicals industry distribution chart, Zhejiangnmei Chemical Industry Co ranks #681 out of 1541 companies for Days Inventory. This puts Zhejiangnmei Chemical Industry Co in the upper half of its industry. The industry median Days Inventory is 80.09. Zhejiangnmei Chemical Industry Co's value of 79.33 is 0.9% below this benchmark. Historically, Zhejiangnmei Chemical Industry Co's own Days Inventory has ranged from 34.24 to 73.44 over the past decade. While the company's 10-year median is 44.40 vs. the industry median of 80.09, Zhejiangnmei Chemical Industry 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.09, based on 1,541 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. Zhejiangnmei Chemical Industry Co's current Days Inventory of 79.33 is 0.9% 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 Zhejiangnmei Chemical Industry Co and its competitors. For the Chemicals industry, the median Days Inventory is 80.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiangnmei Chemical Industry Co's current Days Inventory is 79.33, which is 79% above median its own 10-year median of 44.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiangnmei Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiangnmei Chemical Industry Co (SHSE:603379) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥67.16, compared to a current price of ¥60.21 — trading 10.3% below its estimated fair value. The current Days Inventory is 79.33, which is 79% above median its 10-year median of 44.40 and 0.9% below the Chemicals industry median of 80.09. Zhejiangnmei Chemical Industry Co's overall GF Score™ is 95/100 with 2 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 Zhejiangnmei Chemical Industry Co (SHSE:603379), the current Days Inventory is 79.33 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 Zhejiangnmei Chemical Industry Co (SHSE:603379) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiangnmei Chemical Industry Co stock appears to be undervalued. The current stock price of ¥60.21 is trading 10.3% below its estimated GF Value™ of ¥67.16. GuruFocus considers Zhejiangnmei Chemical Industry Co to be Modestly Undervalued.

Key valuation signals for SHSE:603379:

  • Days Inventory: 79.33 (79% above median its 10-year median of 44.40)
  • GF Value™: ¥67.16 vs. price of ¥60.21 (10.3% below fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 0.9% below the Chemicals median (#681 of 1541)

No single metric tells the full story. See the SHSE:603379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiangnmei Chemical Industry Co Business Description

Address Hushlindustrial Zone, Qingnian Road, Zhejiang Province, Wuyi County, Jinhua, CHN, 321200
Zhejiang Sanmei Chemical Industry Co Ltd is specialized in research and development and product production of fluorine chemical products. The products are sold to more than 30 provinces and cities nationwide and more than 100 countries and regions around the world. The company has two series of products, organic fluorine and inorganic fluorine.
95GF Score

Get the complete analysis for SHSE:603379

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

¥60.21
Price
¥67.16
GF Value