Noblelift Intelligent Equipment Co (SHSE:603611) Days Inventory: 187.05 (As of Mar. 2026) — Near Median

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SHSE:603611 Noblelift Intelligent Equipment Co Ltd SHSE:603611
80 GF Score
Price ¥16.52
GF Value ¥21.14
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Noblelift Intelligent Equipment Co Days Inventory?

Noblelift Intelligent Equipment Co SHSE:603611 -3.17% 80 Days Inventory is 187.05 as of Mar. 2026, which is 4% above its 10-year median of 179.12. GuruFocus rates SHSE:603611 with a GF Score™ of 80/100 and a GF Value™ of ¥21.14 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 209 Farm & Heavy Construction Machinery companies, Noblelift Intelligent Equipment Co ranks worse than 71.29% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Noblelift Intelligent Equipment Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥2,502 Mil. Noblelift Intelligent Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥1,221 Mil. Hence, Noblelift Intelligent Equipment Co's Days Inventory for the three months ended in Mar. 2026 was 187.05.

The historical rank and industry rank for Noblelift Intelligent Equipment Co's Days Inventory or its related term are showing as below:

SHSE:603611' s Days Inventory Range Over the Past 10 Years
Min: 101.24   Med: 179.12   Max: 232.58
Current: 184.65

During the past 13 years, Noblelift Intelligent Equipment Co's highest Days Inventory was 232.58. The lowest was 101.24. And the median was 179.12.

SHSE:603611's Days Inventory is ranked worse than
71.29% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 125.6 vs SHSE:603611: 184.65

Noblelift Intelligent Equipment Co's Days Inventory declined from Mar. 2025 (200.11) to Mar. 2026 (187.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Noblelift Intelligent Equipment Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.49.

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. Noblelift Intelligent Equipment Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.54.


Noblelift Intelligent Equipment Co  (SHSE:603611) 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.

Noblelift Intelligent Equipment 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.

Noblelift Intelligent Equipment 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.


Noblelift Intelligent Equipment Co Days Inventory Related Terms


Noblelift Intelligent Equipment Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Noblelift Intelligent Equipment 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.

Noblelift Intelligent Equipment Co Days Inventory Chart

Noblelift Intelligent Equipment 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 151.91 193.45 232.58 220.19 190.28

Noblelift Intelligent Equipment 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 200.11 205.92 167.77 178.13 187.05

SHSE:603611 vs CAT, DE, PCAR: Days Inventory Comparison

For the Farm & Heavy Construction Machinery subindustry, Noblelift Intelligent Equipment 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.


Noblelift Intelligent Equipment Co Days Inventory vs Farm & Heavy Construction Machinery Industry

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

* The bar in red indicates where Noblelift Intelligent Equipment Co's Days Inventory falls into.


SHSE:603611
80GF Score
Noblelift Intelligent Equipment Co Ltd SHSE:603611
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Noblelift Intelligent Equipment Co Days Inventory Calculation

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

Noblelift Intelligent Equipment 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
=( (2905.897 + 2490.042) / 2 ) / 5175.374*365
=2697.9695 / 5175.374*365
=190.28

Noblelift Intelligent Equipment 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
=( (2490.042 + 2513.861) / 2 ) / 1220.562*365 / 4
=2501.9515 / 1220.562*365 / 4
=187.05

* 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 187.05 mean?
Noblelift Intelligent Equipment Co (SHSE:603611) has a Days Inventory of 187.05 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Noblelift Intelligent Equipment Co and its competitors. This is near median its historical median of 179.12. Over the past decade, Noblelift Intelligent Equipment Co's Days Inventory has ranged from 101.24 to 232.58. According to the industry distribution chart, Noblelift Intelligent Equipment Co ranks #149 out of 209 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 71.3%.
Is Noblelift Intelligent Equipment Co's Days Inventory too high?
Noblelift Intelligent Equipment Co's current Days Inventory of 187.05 is near median its 10-year median of 179.12. Over the past 10 years, this metric has ranged from a low of 101.24 to a high of 232.58. The Farm & Heavy Construction Machinery industry median Days Inventory is 125.60. Noblelift Intelligent Equipment Co's value of 187.05 is 48.9% above this industry median. Based on the distribution chart, Noblelift Intelligent Equipment Co ranks #149 out of 209 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Noblelift Intelligent Equipment Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noblelift Intelligent Equipment Co's Days Inventory compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Noblelift Intelligent Equipment Co ranks #149 out of 209 companies for Days Inventory. This places Noblelift Intelligent Equipment Co in the lower half of its industry. The industry median Days Inventory is 125.60. Noblelift Intelligent Equipment Co's value of 187.05 is 48.9% above this benchmark. Historically, Noblelift Intelligent Equipment Co's own Days Inventory has ranged from 101.24 to 232.58 over the past decade. While the company's 10-year median is 179.12 vs. the industry median of 125.60, Noblelift Intelligent Equipment 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 125.60, based on 209 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. Noblelift Intelligent Equipment Co's current Days Inventory of 187.05 is 48.9% 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 Noblelift Intelligent Equipment Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Inventory is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noblelift Intelligent Equipment Co's current Days Inventory is 187.05, which is near median its own 10-year median of 179.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noblelift Intelligent Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Noblelift Intelligent Equipment Co (SHSE:603611) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.14, compared to a current price of ¥16.52 — trading 21.9% below its estimated fair value. The current Days Inventory is 187.05, which is near median its 10-year median of 179.12 and 48.9% above the Farm & Heavy Construction Machinery industry median of 125.60. Noblelift Intelligent Equipment Co's overall GF Score™ is 80/100 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 Noblelift Intelligent Equipment Co (SHSE:603611), the current Days Inventory is 187.05 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 Noblelift Intelligent Equipment Co (SHSE:603611) Overvalued in 2026?

Based on GuruFocus' analysis, Noblelift Intelligent Equipment Co stock appears to be undervalued. The current stock price of ¥16.52 is trading 21.9% below its estimated GF Value™ of ¥21.14. GuruFocus considers Noblelift Intelligent Equipment Co to be Modestly Undervalued.

Key valuation signals for SHSE:603611:

  • Days Inventory: 187.05 (near median its 10-year median of 179.12)
  • GF Value™: ¥21.14 vs. price of ¥16.52 (21.9% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 48.9% above the Farm & Heavy Construction Machinery median (#149 of 209)

No single metric tells the full story. See the SHSE:603611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noblelift Intelligent Equipment Co Business Description

Address No.528, Jing Yi Road, Economic Development Zone, Changxing, Zhejiang, CHN, 313100
Noblelift Intelligent Equipment Co Ltd manufacturers that joined the industrial equipment. It is mainly engaged in the research, production, and sales of light industrial trucks and electric storage vehicles. The company's products and services include Hand pallet trucks, Industrial products, Forklift, Reach truck, Electric Stacker, After sales services, and others. Its products are used in manufacturing, logistics, construction, military systems, the textile industry, chemical industry, metallurgy industry, energy industry, and many other industries.
80GF Score

Get the complete analysis for SHSE:603611

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

¥16.52
Price
¥21.14
GF Value