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Inventory Turnover measures how fast the company turns over its inventory within a year.
Red Avenue New Materials Group Co's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.41.
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.
Red Avenue New Materials Group Co's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.55.
Red Avenue New Materials Group Co (SHSE:603650) 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.
Red Avenue New Materials Group 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.
Red Avenue New Materials Group 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.
Red Avenue New Materials Group Co Days Inventory Related Terms
Red Avenue New Materials Group Co 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.
Red Avenue New Materials Group Co Days Inventory Chart
SHSE:603650 vs LIN, SHW, ECL: Days Inventory Comparison
For the Specialty Chemicals subindustry, Red Avenue New Materials Group 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.
Red Avenue New Materials Group Co Days Inventory vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Red Avenue New Materials Group Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Red Avenue New Materials Group Co'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.
Red Avenue New Materials Group Co (SHSE:603650) has a Days Inventory of 64.77 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Red Avenue New Materials Group Co and its competitors. This is 37% above median its historical median of 47.40. Over the past decade, Red Avenue New Materials Group Co's Days Inventory has ranged from 29.35 to 74.97. According to the industry distribution chart, Red Avenue New Materials Group Co ranks #634 out of 1544 companies in the Chemicals industry, placing it in the top 41.1%.
Is Red Avenue New Materials Group Co's Days Inventory too high?
Red Avenue New Materials Group Co's current Days Inventory of 64.77 is 37% above median its 10-year median of 47.40. Over the past 10 years, this metric has ranged from a low of 29.35 to a high of 74.97. The Chemicals industry median Days Inventory is 80.34. Red Avenue New Materials Group Co's value of 64.77 is 19.4% below this industry median. Based on the distribution chart, Red Avenue New Materials Group Co ranks #634 out of 1544 companies in the Chemicals industry, which is above the industry midpoint. Overall, Red Avenue New Materials Group Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Red Avenue New Materials Group Co's Days Inventory compare to LIN and SHW?
According to the Chemicals industry distribution chart, Red Avenue New Materials Group Co ranks #634 out of 1544 companies for Days Inventory. This puts Red Avenue New Materials Group Co in the upper half of its industry. The industry median Days Inventory is 80.34. Red Avenue New Materials Group Co's value of 64.77 is 19.4% below this benchmark. Historically, Red Avenue New Materials Group Co's own Days Inventory has ranged from 29.35 to 74.97 over the past decade. While the company's 10-year median is 47.40 vs. the industry median of 80.34, Red Avenue New Materials Group 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 80.34, based on 1,544 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. Red Avenue New Materials Group Co's current Days Inventory of 64.77 is 19.4% 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 Red Avenue New Materials Group Co and its competitors. For the Chemicals industry, the median Days Inventory is 80.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Avenue New Materials Group Co's current Days Inventory is 64.77, which is 37% above median its own 10-year median of 47.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Avenue New Materials Group Co stock overvalued right now?
Based on GuruFocus' analysis, Red Avenue New Materials Group Co (SHSE:603650) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥39.94, compared to a current price of ¥64.63 — trading 61.8% above its estimated fair value. The current Days Inventory is 64.77, which is 37% above median its 10-year median of 47.40 and 19.4% below the Chemicals industry median of 80.34. Red Avenue New Materials Group Co's overall GF Score™ is 73/100 with 7 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 Red Avenue New Materials Group Co (SHSE:603650), the current Days Inventory is 64.77 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 Red Avenue New Materials Group Co (SHSE:603650) Overvalued in 2026?
Based on GuruFocus' analysis, Red Avenue New Materials Group Co stock appears to be overvalued.
The current stock price of ¥64.63 is trading 61.8% above its estimated GF Value™ of ¥39.94.
GuruFocus considers Red Avenue New Materials Group Co to be Significantly Overvalued.
Key valuation signals for SHSE:603650:
Days Inventory: 64.77 (37% above median its 10-year median of 47.40)
GF Value™: ¥39.94 vs. price of ¥64.63 (61.8% above fair value)
Industry Position: 19.4% below the Chemicals median (#634 of 1544)
No single metric tells the full story. See the SHSE:603650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Red Avenue New Materials Group Co Ltd is a China-based company engages in the manufacture and sale of chemical products. The company produces rubber and plastic chemical additives and other products. The products manufactured by the company include polyethylene glycol, silica, alkylphenol disulfides, and cobalt neodecanoate. Its main products are phenolic resins for rubber, including tackifying resins, reinforcing resins and adhesive resins.
73GF Score
Get the complete analysis for SHSE:603650
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