Zhongman Petroleum And Natural Gas Group (SHSE:603619) Days Inventory: 185.24 (As of Mar. 2026) — 82% Above Median

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SHSE:603619 Zhongman Petroleum And Natural Gas Group Corp Ltd SHSE:603619
73 GF Score
Price ¥22.50
GF Value ¥19.93
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Zhongman Petroleum And Natural Gas Group Days Inventory?

Zhongman Petroleum And Natural Gas Group SHSE:603619 +0.31% 73 Days Inventory is 185.24 as of Mar. 2026, which is 82% above its 10-year median of 101.54. GuruFocus rates SHSE:603619 with a GF Score™ of 73/100 and a GF Value™ of ¥19.93 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 689 Oil & Gas companies, Zhongman Petroleum And Natural Gas Group ranks worse than 89.55% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Zhongman Petroleum And Natural Gas Group's Average Total Inventories for the three months ended in Mar. 2026 was ¥957 Mil. Zhongman Petroleum And Natural Gas Group's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥471 Mil. Hence, Zhongman Petroleum And Natural Gas Group's Days Inventory for the three months ended in Mar. 2026 was 185.24.

The historical rank and industry rank for Zhongman Petroleum And Natural Gas Group's Days Inventory or its related term are showing as below:

SHSE:603619' s Days Inventory Range Over the Past 10 Years
Min: 77.6   Med: 101.54   Max: 143.3
Current: 143.3

During the past 13 years, Zhongman Petroleum And Natural Gas Group's highest Days Inventory was 143.30. The lowest was 77.60. And the median was 101.54.

SHSE:603619's Days Inventory is ranked worse than
89.55% of 689 companies
in the Oil & Gas industry
Industry Median: 30.69 vs SHSE:603619: 143.30

Zhongman Petroleum And Natural Gas Group's Days Inventory increased from Mar. 2025 (113.20) to Mar. 2026 (185.24). It might indicate that Zhongman Petroleum And Natural Gas Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhongman Petroleum And Natural Gas Group'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. Zhongman Petroleum And Natural Gas Group's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.24.


Zhongman Petroleum And Natural Gas Group  (SHSE:603619) 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.

Zhongman Petroleum And Natural Gas Group'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.

Zhongman Petroleum And Natural Gas Group'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.


Zhongman Petroleum And Natural Gas Group Days Inventory Related Terms


Zhongman Petroleum And Natural Gas Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Zhongman Petroleum And Natural Gas Group'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.

Zhongman Petroleum And Natural Gas Group Days Inventory Chart

Zhongman Petroleum And Natural Gas Group 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 134.30 100.29 98.98 98.92 125.13

Zhongman Petroleum And Natural Gas Group 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 113.20 111.14 139.53 147.48 185.24

SHSE:603619 vs XOM, CVX: Days Inventory Comparison

For the Oil & Gas Integrated subindustry, Zhongman Petroleum And Natural Gas Group'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.


Zhongman Petroleum And Natural Gas Group Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Zhongman Petroleum And Natural Gas Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhongman Petroleum And Natural Gas Group's Days Inventory falls into.


SHSE:603619
73GF Score
Zhongman Petroleum And Natural Gas Group Corp Ltd SHSE:603619
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhongman Petroleum And Natural Gas Group Days Inventory Calculation

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

Zhongman Petroleum And Natural Gas Group'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
=( (615.466 + 886.729) / 2 ) / 2190.907*365
=751.0975 / 2190.907*365
=125.13

Zhongman Petroleum And Natural Gas Group'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
=( (886.729 + 1026.557) / 2 ) / 471.243*365 / 4
=956.643 / 471.243*365 / 4
=185.24

* 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 185.24 mean?
Zhongman Petroleum And Natural Gas Group (SHSE:603619) has a Days Inventory of 185.24 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zhongman Petroleum And Natural Gas Group and its competitors. This is 82% above median its historical median of 101.54. Over the past decade, Zhongman Petroleum And Natural Gas Group's Days Inventory has ranged from 77.60 to 143.30. According to the industry distribution chart, Zhongman Petroleum And Natural Gas Group ranks #617 out of 689 companies in the Oil & Gas industry, placing it in the top 89.6%.
Is Zhongman Petroleum And Natural Gas Group's Days Inventory too high?
Zhongman Petroleum And Natural Gas Group's current Days Inventory of 185.24 is 82% above median its 10-year median of 101.54. Over the past 10 years, this metric has ranged from a low of 77.60 to a high of 143.30. The Oil & Gas industry median Days Inventory is 30.69. Zhongman Petroleum And Natural Gas Group's value of 185.24 is 503.6% above this industry median. Based on the distribution chart, Zhongman Petroleum And Natural Gas Group ranks #617 out of 689 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Zhongman Petroleum And Natural Gas Group has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhongman Petroleum And Natural Gas Group's Days Inventory compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Zhongman Petroleum And Natural Gas Group ranks #617 out of 689 companies for Days Inventory. This places Zhongman Petroleum And Natural Gas Group in the lower half of its industry. The industry median Days Inventory is 30.69. Zhongman Petroleum And Natural Gas Group's value of 185.24 is 503.6% above this benchmark. Historically, Zhongman Petroleum And Natural Gas Group's own Days Inventory has ranged from 77.60 to 143.30 over the past decade. While the company's 10-year median is 101.54 vs. the industry median of 30.69, Zhongman Petroleum And Natural Gas Group 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 an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 30.69, based on 689 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. Zhongman Petroleum And Natural Gas Group's current Days Inventory of 185.24 is 503.6% 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 Zhongman Petroleum And Natural Gas Group and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhongman Petroleum And Natural Gas Group's current Days Inventory is 185.24, which is 82% above median its own 10-year median of 101.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongman Petroleum And Natural Gas Group stock overvalued right now?
Based on GuruFocus' analysis, Zhongman Petroleum And Natural Gas Group (SHSE:603619) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥19.93, compared to a current price of ¥22.50 — trading 12.9% above its estimated fair value. The current Days Inventory is 185.24, which is 82% above median its 10-year median of 101.54 and 503.6% above the Oil & Gas industry median of 30.69. Zhongman Petroleum And Natural Gas Group's overall GF Score™ is 73/100 with 6 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 Zhongman Petroleum And Natural Gas Group (SHSE:603619), the current Days Inventory is 185.24 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 Zhongman Petroleum And Natural Gas Group (SHSE:603619) Overvalued in 2026?

Based on GuruFocus' analysis, Zhongman Petroleum And Natural Gas Group stock appears to be overvalued. The current stock price of ¥22.50 is trading 12.9% above its estimated GF Value™ of ¥19.93. GuruFocus considers Zhongman Petroleum And Natural Gas Group to be Modestly Overvalued.

Key valuation signals for SHSE:603619:

  • Days Inventory: 185.24 (82% above median its 10-year median of 101.54)
  • GF Value™: ¥19.93 vs. price of ¥22.50 (12.9% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 503.6% above the Oil & Gas median (#617 of 689)

No single metric tells the full story. See the SHSE:603619 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhongman Petroleum And Natural Gas Group Business Description

Industry EnergyOil & Gas
Address No. 3998 Jiangshan Road, Pudong New Area, Shanghai, CHN, 201306
Zhongman Petroleum And Natural Gas Group Corp Ltd is engaged in Drilling engineering and drilling equipment manufacturing business.
73GF Score

Get the complete analysis for SHSE:603619

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

¥22.50
Price
¥19.93
GF Value