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The historical rank and industry rank for Hefei Changqing Machinery Co's Days Inventory or its related term are showing as below:
SHSE:603768'
s Days Inventory Range Over the Past 10 Years
Min: 51.74 Med: 58.69 Max: 66.08
Current: 59.28
During the past 13 years, Hefei Changqing Machinery Co's highest Days Inventory was 66.08. The lowest was 51.74. And the median was 58.69.
SHSE:603768's Days Inventory is ranked better than 68.45% of 1290
companies
in the Vehicles & Parts industry
Industry Median: 80.755
vs SHSE:603768: 59.28
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hefei Changqing Machinery Co's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.31.
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.
Hefei Changqing Machinery Co's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.63.
Hefei Changqing Machinery Co (SHSE:603768) 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.
Hefei Changqing Machinery 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.
Hefei Changqing Machinery 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.
Hefei Changqing Machinery Co Days Inventory Related Terms
Hefei Changqing Machinery 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.
SHSE:603768 vs ORLY, AZO: Days Inventory Comparison
For the Auto Parts subindustry, Hefei Changqing Machinery 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.
Hefei Changqing Machinery Co Days Inventory vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hefei Changqing Machinery Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hefei Changqing Machinery 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.
Hefei Changqing Machinery Co (SHSE:603768) has a Days Inventory of 69.66 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hefei Changqing Machinery Co and its competitors. This is 19% above median its historical median of 58.69. Over the past decade, Hefei Changqing Machinery Co's Days Inventory has ranged from 51.74 to 66.08. According to the industry distribution chart, Hefei Changqing Machinery Co ranks #407 out of 1290 companies in the Vehicles & Parts industry, placing it in the top 31.6%.
Is Hefei Changqing Machinery Co's Days Inventory too high?
Hefei Changqing Machinery Co's current Days Inventory of 69.66 is 19% above median its 10-year median of 58.69. Over the past 10 years, this metric has ranged from a low of 51.74 to a high of 66.08. The Vehicles & Parts industry median Days Inventory is 80.76. Hefei Changqing Machinery Co's value of 69.66 is 13.7% below this industry median. Based on the distribution chart, Hefei Changqing Machinery Co ranks #407 out of 1290 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Hefei Changqing Machinery Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hefei Changqing Machinery Co's Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hefei Changqing Machinery Co ranks #407 out of 1290 companies for Days Inventory. This puts Hefei Changqing Machinery Co in the upper half of its industry. The industry median Days Inventory is 80.76. Hefei Changqing Machinery Co's value of 69.66 is 13.7% below this benchmark. Historically, Hefei Changqing Machinery Co's own Days Inventory has ranged from 51.74 to 66.08 over the past decade. While the company's 10-year median is 58.69 vs. the industry median of 80.76, Hefei Changqing Machinery 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 Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.76, based on 1,290 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. Hefei Changqing Machinery Co's current Days Inventory of 69.66 is 13.7% 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 Hefei Changqing Machinery Co and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hefei Changqing Machinery Co's current Days Inventory is 69.66, which is 19% above median its own 10-year median of 58.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hefei Changqing Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Hefei Changqing Machinery Co (SHSE:603768) is currently considered Fairly Valued. The stock's GF Value™ is ¥12.41, compared to a current price of ¥11.31 — trading 8.9% below its estimated fair value. The current Days Inventory is 69.66, which is 19% above median its 10-year median of 58.69 and 13.7% below the Vehicles & Parts industry median of 80.76. Hefei Changqing Machinery Co's overall GF Score™ is 62/100 with 11 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 Hefei Changqing Machinery Co (SHSE:603768), the current Days Inventory is 69.66 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 Hefei Changqing Machinery Co (SHSE:603768) Overvalued in 2026?
Based on GuruFocus' analysis, Hefei Changqing Machinery Co stock appears to be undervalued.
The current stock price of ¥11.31 is trading 8.9% below its estimated GF Value™ of ¥12.41.
GuruFocus considers Hefei Changqing Machinery Co to be Fairly Valued.
Key valuation signals for SHSE:603768:
Days Inventory: 69.66 (19% above median its 10-year median of 58.69)
GF Value™: ¥12.41 vs. price of ¥11.31 (8.9% below fair value)
Industry Position: 13.7% below the Vehicles & Parts median (#407 of 1290)
No single metric tells the full story. See the SHSE:603768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hefei Changqing Machinery Co Ltd is a China based company primarily engaged in the manufacturing of automotive parts. The company researches, develops, and produces automotive stamping, mold fixture products, and welding parts. It offers products for passenger cars, VIP cars, commercial vehicles, electrophoresis, and other series. The product portfolio of the company comprises chassis frame, air reservoir, silencer, forklift roof, stringer, and other related accessories.
62GF Score
Get the complete analysis for SHSE:603768
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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