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Inventory Turnover measures how fast the company turns over its inventory within a year.
Qingdao Topscomm Communication's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.27.
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.
Qingdao Topscomm Communication's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 2.84.
Qingdao Topscomm Communication (SHSE:603421) 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.
Qingdao Topscomm Communication'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.
Qingdao Topscomm Communication'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.
Qingdao Topscomm Communication Days Inventory Related Terms
Qingdao Topscomm Communication Days Inventory Historical Data
* 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.
Qingdao Topscomm Communication Days Inventory Chart
SHSE:603421 vs COHR, KEYS, GRMN: Days Inventory Comparison
For the Scientific & Technical Instruments subindustry, Qingdao Topscomm Communication'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.
Qingdao Topscomm Communication Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, Qingdao Topscomm Communication's Days Inventory distribution charts can be found below:
* The bar in red indicates where Qingdao Topscomm Communication'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.
Qingdao Topscomm Communication (SHSE:603421) has a Days Inventory of 339.30 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Qingdao Topscomm Communication and its competitors. This is 46% above median its historical median of 232.22. Over the past decade, Qingdao Topscomm Communication's Days Inventory has ranged from 109.94 to 269.72. According to the industry distribution chart, Qingdao Topscomm Communication ranks #2153 out of 2415 companies in the Hardware industry, placing it in the top 89.2%.
Is Qingdao Topscomm Communication's Days Inventory too high?
Qingdao Topscomm Communication's current Days Inventory of 339.30 is 46% above median its 10-year median of 232.22. Over the past 10 years, this metric has ranged from a low of 109.94 to a high of 269.72. The Hardware industry median Days Inventory is 94.63. Qingdao Topscomm Communication's value of 339.30 is 258.6% above this industry median. Based on the distribution chart, Qingdao Topscomm Communication ranks #2153 out of 2415 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Qingdao Topscomm Communication has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Topscomm Communication's Days Inventory compare to COHR and KEYS?
According to the Hardware industry distribution chart, Qingdao Topscomm Communication ranks #2153 out of 2415 companies for Days Inventory. This places Qingdao Topscomm Communication in the lower half of its industry. The industry median Days Inventory is 94.63. Qingdao Topscomm Communication's value of 339.30 is 258.6% above this benchmark. Historically, Qingdao Topscomm Communication's own Days Inventory has ranged from 109.94 to 269.72 over the past decade. While the company's 10-year median is 232.22 vs. the industry median of 94.63, Qingdao Topscomm Communication 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 94.63, based on 2,415 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. Qingdao Topscomm Communication's current Days Inventory of 339.30 is 258.6% 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 Qingdao Topscomm Communication and its competitors. For the Hardware industry, the median Days Inventory is 94.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qingdao Topscomm Communication's current Days Inventory is 339.30, which is 46% above median its own 10-year median of 232.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Topscomm Communication stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Topscomm Communication (SHSE:603421) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.37, compared to a current price of ¥6.00 — trading 78% above its estimated fair value. The current Days Inventory is 339.30, which is 46% above median its 10-year median of 232.22 and 258.6% above the Hardware industry median of 94.63. Qingdao Topscomm Communication's overall GF Score™ is 56/100 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 Qingdao Topscomm Communication (SHSE:603421), the current Days Inventory is 339.30 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 Qingdao Topscomm Communication (SHSE:603421) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Topscomm Communication stock appears to be overvalued.
The current stock price of ¥6.00 is trading 78% above its estimated GF Value™ of ¥3.37.
GuruFocus considers Qingdao Topscomm Communication to be Significantly Overvalued.
Key valuation signals for SHSE:603421:
Days Inventory: 339.30 (46% above median its 10-year median of 232.22)
GF Value™: ¥3.37 vs. price of ¥6.00 (78% above fair value)
Industry Position: 258.6% above the Hardware median (#2153 of 2415)
No single metric tells the full story. See the SHSE:603421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.
56GF Score
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