Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shandong Donghong Pipe Industry Co's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.09.
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.
Shandong Donghong Pipe Industry Co's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.73.
Shandong Donghong Pipe Industry Co (SHSE:603856) 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.
Shandong Donghong Pipe Industry 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.
Shandong Donghong Pipe Industry 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.
Shandong Donghong Pipe Industry Co Days Inventory Related Terms
Shandong Donghong Pipe Industry 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.
Shandong Donghong Pipe Industry Co Days Inventory Chart
SHSE:603856 vs TT, JCI, CARR: Days Inventory Comparison
For the Building Products & Equipment subindustry, Shandong Donghong Pipe Industry 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.
Shandong Donghong Pipe Industry Co Days Inventory vs Construction Industry
For the Construction industry and Industrials sector, Shandong Donghong Pipe Industry Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Shandong Donghong Pipe Industry 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.
Shandong Donghong Pipe Industry Co (SHSE:603856) has a Days Inventory of 83.38 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shandong Donghong Pipe Industry Co and its competitors. This is 19% above median its historical median of 70.28. Over the past decade, Shandong Donghong Pipe Industry Co's Days Inventory has ranged from 56.41 to 87.07. According to the industry distribution chart, Shandong Donghong Pipe Industry Co ranks #943 out of 1489 companies in the Construction industry, placing it in the top 63.3%.
Is Shandong Donghong Pipe Industry Co's Days Inventory too high?
Shandong Donghong Pipe Industry Co's current Days Inventory of 83.38 is 19% above median its 10-year median of 70.28. Over the past 10 years, this metric has ranged from a low of 56.41 to a high of 87.07. The Construction industry median Days Inventory is 49.78. Shandong Donghong Pipe Industry Co's value of 83.38 is 67.5% above this industry median. Based on the distribution chart, Shandong Donghong Pipe Industry Co ranks #943 out of 1489 companies in the Construction industry, which is below the industry midpoint. Overall, Shandong Donghong Pipe Industry Co has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shandong Donghong Pipe Industry Co's Days Inventory compare to TT and JCI?
According to the Construction industry distribution chart, Shandong Donghong Pipe Industry Co ranks #943 out of 1489 companies for Days Inventory. This places Shandong Donghong Pipe Industry Co in the lower half of its industry. The industry median Days Inventory is 49.78. Shandong Donghong Pipe Industry Co's value of 83.38 is 67.5% above this benchmark. Historically, Shandong Donghong Pipe Industry Co's own Days Inventory has ranged from 56.41 to 87.07 over the past decade. While the company's 10-year median is 70.28 vs. the industry median of 49.78, Shandong Donghong Pipe Industry 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 Construction company?
The median Days Inventory among Construction companies is 49.78, based on 1,489 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. Shandong Donghong Pipe Industry Co's current Days Inventory of 83.38 is 67.5% 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 Shandong Donghong Pipe Industry Co and its competitors. For the Construction industry, the median Days Inventory is 49.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shandong Donghong Pipe Industry Co's current Days Inventory is 83.38, which is 19% above median its own 10-year median of 70.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shandong Donghong Pipe Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Shandong Donghong Pipe Industry Co (SHSE:603856) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥9.28, compared to a current price of ¥10.88 — trading 17.2% above its estimated fair value. The current Days Inventory is 83.38, which is 19% above median its 10-year median of 70.28 and 67.5% above the Construction industry median of 49.78. Shandong Donghong Pipe Industry Co's overall GF Score™ is 80/100 with 5 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 Shandong Donghong Pipe Industry Co (SHSE:603856), the current Days Inventory is 83.38 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 Shandong Donghong Pipe Industry Co (SHSE:603856) Overvalued in 2026?
Based on GuruFocus' analysis, Shandong Donghong Pipe Industry Co stock appears to be overvalued.
The current stock price of ¥10.88 is trading 17.2% above its estimated GF Value™ of ¥9.28.
GuruFocus considers Shandong Donghong Pipe Industry Co to be Modestly Overvalued.
Key valuation signals for SHSE:603856:
Days Inventory: 83.38 (19% above median its 10-year median of 70.28)
GF Value™: ¥9.28 vs. price of ¥10.88 (17.2% above fair value)
Industry Position: 67.5% above the Construction median (#943 of 1489)
No single metric tells the full story. See the SHSE:603856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shandong Donghong Pipe Industry Co Business Description
Shandong Donghong Pipe Industry Co Ltd is engaged in the research and development, manufacturing and service of an intelligent pipeline system in China. Its products line includes steel mesh skeleton plastic composite pipes, super wear-resisting composite pipes, HDPE gas pipes, plastic-coated steel pipes, polyethylene pipes for underground coal mining, and other products.
80GF Score
Get the complete analysis for SHSE:603856
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SHSE:603856 has been successfully added to your 
