Zhejiang Shengyang Science and Technology Co (SHSE:603703) Days Inventory: 241.56 (As of Mar. 2026) — 35% Above Median

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SHSE:603703 Zhejiang Shengyang Science and Technology Co Ltd SHSE:603703
55 GF Score
Price ¥8.17
GF Value ¥13.49
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Zhejiang Shengyang Science and Technology Co Days Inventory?

Zhejiang Shengyang Science and Technology Co SHSE:603703 -2.51% 55 Days Inventory is 241.56 as of Mar. 2026, which is 35% above its 10-year median of 178.35. GuruFocus rates SHSE:603703 with a GF Score™ of 55/100 and a GF Value™ of ¥13.49 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 2,416 Hardware companies, Zhejiang Shengyang Science and Technology Co ranks worse than 84.89% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Shengyang Science and Technology Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥480.9 Mil. Zhejiang Shengyang Science and Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥181.7 Mil. Hence, Zhejiang Shengyang Science and Technology Co's Days Inventory for the three months ended in Mar. 2026 was 241.56.

The historical rank and industry rank for Zhejiang Shengyang Science and Technology Co's Days Inventory or its related term are showing as below:

SHSE:603703' s Days Inventory Range Over the Past 10 Years
Min: 111.4   Med: 178.35   Max: 242.42
Current: 213.06

During the past 13 years, Zhejiang Shengyang Science and Technology Co's highest Days Inventory was 242.42. The lowest was 111.40. And the median was 178.35.

SHSE:603703's Days Inventory is ranked worse than
84.89% of 2416 companies
in the Hardware industry
Industry Median: 93.89 vs SHSE:603703: 213.06

Zhejiang Shengyang Science and Technology Co's Days Inventory increased from Mar. 2025 (237.27) to Mar. 2026 (241.56). It might indicate that Zhejiang Shengyang Science and Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Shengyang Science and Technology Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.38.

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 Shengyang Science and Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 2.01.


Zhejiang Shengyang Science and Technology Co  (SHSE:603703) 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 Shengyang Science and Technology 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 Shengyang Science and Technology 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 Shengyang Science and Technology Co Days Inventory Related Terms


Zhejiang Shengyang Science and Technology Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Zhejiang Shengyang Science and Technology 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 Shengyang Science and Technology Co Days Inventory Chart

Zhejiang Shengyang Science and Technology 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 143.33 189.99 242.42 187.12 193.14

Zhejiang Shengyang Science and Technology 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 237.27 210.87 212.10 169.66 241.56

SHSE:603703 vs CSCO, CIEN, MSI: Days Inventory Comparison

For the Communication Equipment subindustry, Zhejiang Shengyang Science and Technology 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 Shengyang Science and Technology Co Days Inventory vs Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Shengyang Science and Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zhejiang Shengyang Science and Technology Co's Days Inventory falls into.


SHSE:603703
55GF Score
Zhejiang Shengyang Science and Technology Co Ltd SHSE:603703
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Shengyang Science and Technology Co Days Inventory Calculation

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

Zhejiang Shengyang Science and Technology 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
=( (335.292 + 388.027) / 2 ) / 683.489*365
=361.6595 / 683.489*365
=193.14

Zhejiang Shengyang Science and Technology 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
=( (388.027 + 573.85) / 2 ) / 181.676*365 / 4
=480.9385 / 181.676*365 / 4
=241.56

* 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 241.56 mean?
Zhejiang Shengyang Science and Technology Co (SHSE:603703) has a Days Inventory of 241.56 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zhejiang Shengyang Science and Technology Co and its competitors. This is 35% above median its historical median of 178.35. Over the past decade, Zhejiang Shengyang Science and Technology Co's Days Inventory has ranged from 111.40 to 242.42. According to the industry distribution chart, Zhejiang Shengyang Science and Technology Co ranks #2051 out of 2416 companies in the Hardware industry, placing it in the top 84.9%.
Is Zhejiang Shengyang Science and Technology Co's Days Inventory too high?
Zhejiang Shengyang Science and Technology Co's current Days Inventory of 241.56 is 35% above median its 10-year median of 178.35. Over the past 10 years, this metric has ranged from a low of 111.40 to a high of 242.42. The Hardware industry median Days Inventory is 93.89. Zhejiang Shengyang Science and Technology Co's value of 241.56 is 157.3% above this industry median. Based on the distribution chart, Zhejiang Shengyang Science and Technology Co ranks #2051 out of 2416 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Shengyang Science and Technology Co has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Shengyang Science and Technology Co's Days Inventory compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Zhejiang Shengyang Science and Technology Co ranks #2051 out of 2416 companies for Days Inventory. This places Zhejiang Shengyang Science and Technology Co in the lower half of its industry. The industry median Days Inventory is 93.89. Zhejiang Shengyang Science and Technology Co's value of 241.56 is 157.3% above this benchmark. Historically, Zhejiang Shengyang Science and Technology Co's own Days Inventory has ranged from 111.40 to 242.42 over the past decade. While the company's 10-year median is 178.35 vs. the industry median of 93.89, Zhejiang Shengyang Science and Technology 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 Hardware company?
The median Days Inventory among Hardware companies is 93.89, based on 2,416 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 Shengyang Science and Technology Co's current Days Inventory of 241.56 is 157.3% 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 Zhejiang Shengyang Science and Technology Co and its competitors. For the Hardware industry, the median Days Inventory is 93.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Shengyang Science and Technology Co's current Days Inventory is 241.56, which is 35% above median its own 10-year median of 178.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Shengyang Science and Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Shengyang Science and Technology Co (SHSE:603703) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥13.49, compared to a current price of ¥8.17 — trading 39.4% below its estimated fair value. The current Days Inventory is 241.56, which is 35% above median its 10-year median of 178.35 and 157.3% above the Hardware industry median of 93.89. Zhejiang Shengyang Science and Technology Co's overall GF Score™ is 55/100 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 Zhejiang Shengyang Science and Technology Co (SHSE:603703), the current Days Inventory is 241.56 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 Shengyang Science and Technology Co (SHSE:603703) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Shengyang Science and Technology Co stock appears to be undervalued. The current stock price of ¥8.17 is trading 39.4% below its estimated GF Value™ of ¥13.49. GuruFocus considers Zhejiang Shengyang Science and Technology Co to be Significantly Undervalued.

Key valuation signals for SHSE:603703:

  • Days Inventory: 241.56 (35% above median its 10-year median of 178.35)
  • GF Value™: ¥13.49 vs. price of ¥8.17 (39.4% below fair value)
  • GF Score™: 55/100 with 7 warning signs
  • Industry Position: 157.3% above the Hardware median (#2051 of 2416)

No single metric tells the full story. See the SHSE:603703 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Shengyang Science and Technology Co Business Description

Address No. 1416-1417, Renmin East Road, Yuecheng District, Zhejiang Province, Shaoxing, CHN, 312000
Zhejiang Shengyang Science and Technology Co Ltd is manufacturer of communication equipment across the wired and wireless sectors. Its engaged Research and Development, production and sales of sets of products belong to the RF cables and related equipment. Its products include 75 ohm coaxial cable, data cable and high frequency which mainly used in standard signal transmission systems such as television (cable TV, satellite TV), fixed network.
55GF Score

Get the complete analysis for SHSE:603703

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

¥8.17
Price
¥13.49
GF Value