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Zhejiang Xinao TextilesSHSE:603889 -1.30%92 Days Inventory is 226.06 as of Mar. 2026, which is 44% above its 10-year median of 156.49. GuruFocus rates SHSE:603889 with a GF Score™ of 92/100 and a GF Value™ of ¥6.65 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,009 Manufacturing - Apparel & Accessories companies, Zhejiang Xinao Textiles ranks worse than 72.75% on this metric.
The historical rank and industry rank for Zhejiang Xinao Textiles's Days Inventory or its related term are showing as below:
SHSE:603889'
s Days Inventory Range Over the Past 10 Years
Min: 122.74 Med: 156.49 Max: 201.68
Current: 201.68
During the past 13 years, Zhejiang Xinao Textiles's highest Days Inventory was 201.68. The lowest was 122.74. And the median was 156.49.
SHSE:603889's Days Inventory is ranked worse than 72.75% of 1009
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.75
vs SHSE:603889: 201.68
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zhejiang Xinao Textiles's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.40.
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 Xinao Textiles's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.97.
Zhejiang Xinao Textiles (SHSE:603889) 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 Xinao Textiles'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 Xinao Textiles'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 Xinao Textiles Days Inventory Related Terms
Zhejiang Xinao Textiles 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.
Zhejiang Xinao Textiles Days Inventory Competitor Comparison
For the Textile Manufacturing subindustry, Zhejiang Xinao Textiles'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 Xinao Textiles Days Inventory vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Xinao Textiles's Days Inventory distribution charts can be found below:
* The bar in red indicates where Zhejiang Xinao Textiles'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.
Zhejiang Xinao Textiles (SHSE:603889) has a Days Inventory of 226.06 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zhejiang Xinao Textiles and its competitors. This is 44% above median its historical median of 156.49. Over the past decade, Zhejiang Xinao Textiles' Days Inventory has ranged from 122.74 to 201.68. According to the industry distribution chart, Zhejiang Xinao Textiles ranks #734 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 72.7%.
Is Zhejiang Xinao Textiles' Days Inventory too high?
Zhejiang Xinao Textiles' current Days Inventory of 226.06 is 44% above median its 10-year median of 156.49. Over the past 10 years, this metric has ranged from a low of 122.74 to a high of 201.68. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.75. Zhejiang Xinao Textiles' value of 226.06 is 70.3% above this industry median. Based on the distribution chart, Zhejiang Xinao Textiles ranks #734 out of 1009 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Zhejiang Xinao Textiles has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Xinao Textiles' Days Inventory compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zhejiang Xinao Textiles ranks #734 out of 1009 companies for Days Inventory. This places Zhejiang Xinao Textiles in the lower half of its industry. The industry median Days Inventory is 132.75. Zhejiang Xinao Textiles' value of 226.06 is 70.3% above this benchmark. Historically, Zhejiang Xinao Textiles' own Days Inventory has ranged from 122.74 to 201.68 over the past decade. While the company's 10-year median is 156.49 vs. the industry median of 132.75, Zhejiang Xinao Textiles 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 Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.75, based on 1,009 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 Xinao Textiles's current Days Inventory of 226.06 is 70.3% 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 Xinao Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Xinao Textiles's current Days Inventory is 226.06, which is 44% above median its own 10-year median of 156.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Xinao Textiles stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Xinao Textiles (SHSE:603889) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥6.65, compared to a current price of ¥5.32 — trading 20% below its estimated fair value. The current Days Inventory is 226.06, which is 44% above median its 10-year median of 156.49 and 70.3% above the Manufacturing - Apparel & Accessories industry median of 132.75. Zhejiang Xinao Textiles' overall GF Score™ is 92/100 with 4 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 Xinao Textiles (SHSE:603889), the current Days Inventory is 226.06 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 Xinao Textiles (SHSE:603889) Overvalued in 2026?
Based on GuruFocus' analysis, Zhejiang Xinao Textiles stock appears to be undervalued.
The current stock price of ¥5.32 is trading 20% below its estimated GF Value™ of ¥6.65.
GuruFocus considers Zhejiang Xinao Textiles to be Modestly Undervalued.
Key valuation signals for SHSE:603889:
Days Inventory: 226.06 (44% above median its 10-year median of 156.49)
GF Value™: ¥6.65 vs. price of ¥5.32 (20% below fair value)
Industry Position: 70.3% above the Manufacturing - Apparel & Accessories median (#734 of 1009)
No single metric tells the full story. See the SHSE:603889 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zhejiang Xinao Textiles Inc along with its subsidiaries is engaged in research, development, production & sales of worsted yarn. The company's main products and services include: worsted, woolen pure wool, and wool blended yarns; woolen, worsted pure cashmere and cashmere blended yarns.
92GF Score
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