Hangzhou Greenda Electronic Materials Co (SHSE:603931) Days Inventory: 70.81 (As of Mar. 2026) — 48% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHSE:603931 Hangzhou Greenda Electronic Materials Co Ltd SHSE:603931
69 GF Score
Price ¥36.85
GF Value ¥22.87
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hangzhou Greenda Electronic Materials Co Days Inventory?

Hangzhou Greenda Electronic Materials Co SHSE:603931 +1.24% 69 Days Inventory is 70.81 as of Mar. 2026, which is 48% above its 10-year median of 47.93. GuruFocus rates SHSE:603931 with a GF Score™ of 69/100 and a GF Value™ of ¥22.87 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,542 Chemicals companies, Hangzhou Greenda Electronic Materials Co ranks better than 70.62% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Hangzhou Greenda Electronic Materials Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥77.1 Mil. Hangzhou Greenda Electronic Materials Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥99.3 Mil. Hence, Hangzhou Greenda Electronic Materials Co's Days Inventory for the three months ended in Mar. 2026 was 70.81.

The historical rank and industry rank for Hangzhou Greenda Electronic Materials Co's Days Inventory or its related term are showing as below:

SHSE:603931' s Days Inventory Range Over the Past 10 Years
Min: 31.13   Med: 47.93   Max: 67.81
Current: 57.24

During the past 10 years, Hangzhou Greenda Electronic Materials Co's highest Days Inventory was 67.81. The lowest was 31.13. And the median was 47.93.

SHSE:603931's Days Inventory is ranked better than
70.62% of 1542 companies
in the Chemicals industry
Industry Median: 80.08 vs SHSE:603931: 57.24

Hangzhou Greenda Electronic Materials Co's Days Inventory increased from Mar. 2025 (50.21) to Mar. 2026 (70.81). It might indicate that Hangzhou Greenda Electronic Materials Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hangzhou Greenda Electronic Materials Co's Inventory Turnover for the three months ended in Mar. 2026 was 1.29.

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. Hangzhou Greenda Electronic Materials Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.52.


Hangzhou Greenda Electronic Materials Co  (SHSE:603931) 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.

Hangzhou Greenda Electronic Materials 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.

Hangzhou Greenda Electronic Materials 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.


Hangzhou Greenda Electronic Materials Co Days Inventory Related Terms


Hangzhou Greenda Electronic Materials Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Hangzhou Greenda Electronic Materials 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.

Hangzhou Greenda Electronic Materials Co Days Inventory Chart

Hangzhou Greenda Electronic Materials 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 31.13 33.76 55.35 57.41 50.09

Hangzhou Greenda Electronic Materials 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 50.21 52.61 43.44 50.21 70.81

SHSE:603931 vs DOW: Days Inventory Comparison

For the Chemicals subindustry, Hangzhou Greenda Electronic Materials 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.


Hangzhou Greenda Electronic Materials Co Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hangzhou Greenda Electronic Materials Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hangzhou Greenda Electronic Materials Co's Days Inventory falls into.


SHSE:603931
69GF Score
Hangzhou Greenda Electronic Materials Co Ltd SHSE:603931
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hangzhou Greenda Electronic Materials Co Days Inventory Calculation

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

Hangzhou Greenda Electronic Materials 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
=( (62.688 + 54.966) / 2 ) / 428.631*365
=58.827 / 428.631*365
=50.09

Hangzhou Greenda Electronic Materials 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
=( (54.966 + 99.152) / 2 ) / 99.297*365 / 4
=77.059 / 99.297*365 / 4
=70.81

* 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 70.81 mean?
Hangzhou Greenda Electronic Materials Co (SHSE:603931) has a Days Inventory of 70.81 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hangzhou Greenda Electronic Materials Co and its competitors. This is 48% above median its historical median of 47.93. Over the past decade, Hangzhou Greenda Electronic Materials Co's Days Inventory has ranged from 31.13 to 67.81. According to the industry distribution chart, Hangzhou Greenda Electronic Materials Co ranks #453 out of 1542 companies in the Chemicals industry, placing it in the top 29.4%.
Is Hangzhou Greenda Electronic Materials Co's Days Inventory too high?
Hangzhou Greenda Electronic Materials Co's current Days Inventory of 70.81 is 48% above median its 10-year median of 47.93. Over the past 10 years, this metric has ranged from a low of 31.13 to a high of 67.81. The Chemicals industry median Days Inventory is 80.08. Hangzhou Greenda Electronic Materials Co's value of 70.81 is 11.6% below this industry median. Based on the distribution chart, Hangzhou Greenda Electronic Materials Co ranks #453 out of 1542 companies in the Chemicals industry, which is above the industry midpoint. Overall, Hangzhou Greenda Electronic Materials Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hangzhou Greenda Electronic Materials Co's Days Inventory compare to DOW?
According to the Chemicals industry distribution chart, Hangzhou Greenda Electronic Materials Co ranks #453 out of 1542 companies for Days Inventory. This puts Hangzhou Greenda Electronic Materials Co in the upper half of its industry. The industry median Days Inventory is 80.08. Hangzhou Greenda Electronic Materials Co's value of 70.81 is 11.6% below this benchmark. Historically, Hangzhou Greenda Electronic Materials Co's own Days Inventory has ranged from 31.13 to 67.81 over the past decade. While the company's 10-year median is 47.93 vs. the industry median of 80.08, Hangzhou Greenda Electronic Materials 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 80.08, based on 1,542 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. Hangzhou Greenda Electronic Materials Co's current Days Inventory of 70.81 is 11.6% 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 Hangzhou Greenda Electronic Materials Co and its competitors. For the Chemicals industry, the median Days Inventory is 80.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hangzhou Greenda Electronic Materials Co's current Days Inventory is 70.81, which is 48% above median its own 10-year median of 47.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hangzhou Greenda Electronic Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Hangzhou Greenda Electronic Materials Co (SHSE:603931) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥22.87, compared to a current price of ¥36.85 — trading 61.1% above its estimated fair value. The current Days Inventory is 70.81, which is 48% above median its 10-year median of 47.93 and 11.6% below the Chemicals industry median of 80.08. Hangzhou Greenda Electronic Materials Co's overall GF Score™ is 69/100 with 2 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 Hangzhou Greenda Electronic Materials Co (SHSE:603931), the current Days Inventory is 70.81 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 Hangzhou Greenda Electronic Materials Co (SHSE:603931) Overvalued in 2026?

Based on GuruFocus' analysis, Hangzhou Greenda Electronic Materials Co stock appears to be overvalued. The current stock price of ¥36.85 is trading 61.1% above its estimated GF Value™ of ¥22.87. GuruFocus considers Hangzhou Greenda Electronic Materials Co to be Significantly Overvalued.

Key valuation signals for SHSE:603931:

  • Days Inventory: 70.81 (48% above median its 10-year median of 47.93)
  • GF Value™: ¥22.87 vs. price of ¥36.85 (61.1% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 11.6% below the Chemicals median (#453 of 1542)

No single metric tells the full story. See the SHSE:603931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hangzhou Greenda Electronic Materials Co Business Description

Address No. 9936, Hong15 Road, Linjiang Industrial Park, Xiaoshan, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311228
Hangzhou Greenda Electronic Materials Co Ltd is engaged in production and sales of ultra-clean and high-purity wet electronic chemicals. The company is a developer of TMAH and provides various electronic chemical products for TFT-LCD, IC, PV and other industries and integrated management services. Its products include Hydrochloric Acid, Sulphuric acid, Phosphoric acid, Nitric acid, Tetramethylammonium Hydroxide, Isopropanol, Potassium Hydroxide, among others.
69GF Score

Get the complete analysis for SHSE:603931

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

¥36.85
Price
¥22.87
GF Value