Zhejiang Three Stars New Materials Co (SHSE:603578) Days Inventory: 64.18 (As of Mar. 2026) — Near Median

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SHSE:603578 Zhejiang Three Stars New Materials Co Ltd SHSE:603578
64 GF Score
Price ¥11.81
GF Value ¥23.51
Valuation Possible Value Trap
! 5 Warning Signs
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What is Zhejiang Three Stars New Materials Co Days Inventory?

Zhejiang Three Stars New Materials Co SHSE:603578 -0.34% 64 Days Inventory is 64.18 as of Mar. 2026, which is 4% below its 10-year median of 66.62. GuruFocus rates SHSE:603578 with a GF Score™ of 64/100 and a GF Value™ of ¥23.51 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,968 Industrial Products companies, Zhejiang Three Stars New Materials Co ranks better than 79.45% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Three Stars New Materials Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥263 Mil. Zhejiang Three Stars New Materials Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥374 Mil. Hence, Zhejiang Three Stars New Materials Co's Days Inventory for the three months ended in Mar. 2026 was 64.18.

The historical rank and industry rank for Zhejiang Three Stars New Materials Co's Days Inventory or its related term are showing as below:

SHSE:603578' s Days Inventory Range Over the Past 10 Years
Min: 50.84   Med: 66.62   Max: 74.42
Current: 68.78

During the past 13 years, Zhejiang Three Stars New Materials Co's highest Days Inventory was 74.42. The lowest was 50.84. And the median was 66.62.

SHSE:603578's Days Inventory is ranked better than
79.45% of 2968 companies
in the Industrial Products industry
Industry Median: 120.315 vs SHSE:603578: 68.78

Zhejiang Three Stars New Materials Co's Days Inventory declined from Mar. 2025 (75.53) to Mar. 2026 (64.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Three Stars New Materials Co's Inventory Turnover for the three months ended in Mar. 2026 was 1.42.

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 Three Stars New Materials Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.62.


Zhejiang Three Stars New Materials Co  (SHSE:603578) 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 Three Stars New Materials 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 Three Stars New Materials 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 Three Stars New Materials Co Days Inventory Related Terms


Zhejiang Three Stars New Materials Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Zhejiang Three Stars New Materials 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 Three Stars New Materials Co Days Inventory Chart

Zhejiang Three Stars New Materials 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 52.89 71.11 63.76 69.26 70.18

Zhejiang Three Stars New Materials 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 75.53 70.56 59.67 75.18 64.18

SHSE:603578 vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Zhejiang Three Stars New Materials 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 Three Stars New Materials Co Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Three Stars New Materials Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Three Stars New Materials Co's Days Inventory falls into.


SHSE:603578
64GF Score
Zhejiang Three Stars New Materials Co Ltd SHSE:603578
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhejiang Three Stars New Materials Co Days Inventory Calculation

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

Zhejiang Three Stars New Materials 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
=( (220.763 + 270.586) / 2 ) / 1277.802*365
=245.6745 / 1277.802*365
=70.18

Zhejiang Three Stars New Materials 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
=( (270.586 + 255.903) / 2 ) / 374.29*365 / 4
=263.2445 / 374.29*365 / 4
=64.18

* 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 64.18 mean?
Zhejiang Three Stars New Materials Co (SHSE:603578) has a Days Inventory of 64.18 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zhejiang Three Stars New Materials Co and its competitors. This is near median its historical median of 66.62. Over the past decade, Zhejiang Three Stars New Materials Co's Days Inventory has ranged from 50.84 to 74.42. According to the industry distribution chart, Zhejiang Three Stars New Materials Co ranks #610 out of 2968 companies in the Industrial Products industry, placing it in the top 20.6%.
Is Zhejiang Three Stars New Materials Co's Days Inventory too high?
Zhejiang Three Stars New Materials Co's current Days Inventory of 64.18 is near median its 10-year median of 66.62. Over the past 10 years, this metric has ranged from a low of 50.84 to a high of 74.42. The Industrial Products industry median Days Inventory is 120.32. Zhejiang Three Stars New Materials Co's value of 64.18 is 46.7% below this industry median. Based on the distribution chart, Zhejiang Three Stars New Materials Co ranks #610 out of 2968 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zhejiang Three Stars New Materials Co has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Three Stars New Materials Co's Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Zhejiang Three Stars New Materials Co ranks #610 out of 2968 companies for Days Inventory. This places Zhejiang Three Stars New Materials Co in the top 21% of its industry — outperforming the majority of peers. The industry median Days Inventory is 120.32. Zhejiang Three Stars New Materials Co's value of 64.18 is 46.7% below this benchmark. Historically, Zhejiang Three Stars New Materials Co's own Days Inventory has ranged from 50.84 to 74.42 over the past decade. While the company's 10-year median is 66.62 vs. the industry median of 120.32, Zhejiang Three Stars New Materials 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 2,968 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 Three Stars New Materials Co's current Days Inventory of 64.18 is 46.7% 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 Zhejiang Three Stars New Materials 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. Zhejiang Three Stars New Materials Co's current Days Inventory is 64.18, which is near median its own 10-year median of 66.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Three Stars New Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Three Stars New Materials Co (SHSE:603578) is currently considered Possible Value Trap. The stock's GF Value™ is ¥23.51, compared to a current price of ¥11.81 — trading 49.8% below its estimated fair value. The current Days Inventory is 64.18, which is near median its 10-year median of 66.62 and 46.7% below the Industrial Products industry median of 120.32. Zhejiang Three Stars New Materials Co's overall GF Score™ is 64/100 with 5 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 Zhejiang Three Stars New Materials Co (SHSE:603578), the current Days Inventory is 64.18 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 Three Stars New Materials Co (SHSE:603578) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Three Stars New Materials Co stock appears to be undervalued. The current stock price of ¥11.81 is trading 49.8% below its estimated GF Value™ of ¥23.51. GuruFocus considers Zhejiang Three Stars New Materials Co to be Possible Value Trap.

Key valuation signals for SHSE:603578:

  • Days Inventory: 64.18 (near median its 10-year median of 66.62)
  • GF Value™: ¥23.51 vs. price of ¥11.81 (49.8% below fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 46.7% below the Industrial Products median (#610 of 2968)

No single metric tells the full story. See the SHSE:603578 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Three Stars New Materials Co Business Description

Address No. 333 Hanghai Road, Minyue Town, Deqing County, Zhejiang Province, Huzhou, CHN, 313213
Zhejiang Three Stars New Materials Co Ltd is a China based company involved in the design, development, production and sales of all kinds of low temperature storage equipment glass door and deep processing glass products. It produces hollow glass door, PVC extrusion profile, single layer glass door, overall injection molding glass door, coating glass, tempered glass and touch screen glass.
64GF Score

Get the complete analysis for SHSE:603578

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

¥11.81
Price
¥23.51
GF Value