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Mingxin New Material CoSHSE:605068 -10.00%74 Days Inventory is 294.01 as of Mar. 2026, which is 19% above its 10-year median of 246.55. GuruFocus rates SHSE:605068 with a GF Score™ of 74/100 and a GF Value™ of ¥30.58 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,290 Vehicles & Parts companies, Mingxin New Material Co ranks worse than 94.34% on this metric.
The historical rank and industry rank for Mingxin New Material Co's Days Inventory or its related term are showing as below:
SHSE:605068'
s Days Inventory Range Over the Past 10 Years
Min: 164.97 Med: 246.55 Max: 377.35
Current: 237.36
During the past 10 years, Mingxin New Material Co's highest Days Inventory was 377.35. The lowest was 164.97. And the median was 246.55.
SHSE:605068's Days Inventory is ranked worse than 94.34% of 1290
companies
in the Vehicles & Parts industry
Industry Median: 80.755
vs SHSE:605068: 237.36
Mingxin New Material Co's Days Inventory
declined
from Mar. 2025 (332.98) to Mar. 2026 (294.01).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mingxin New Material Co's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.31.
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.
Mingxin New Material Co's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 2.78.
Mingxin New Material Co (SHSE:605068) 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.
Mingxin New Material 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.
Mingxin New Material 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.
Mingxin New Material Co Days Inventory Related Terms
Mingxin New Material 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:605068 vs ORLY, AZO: Days Inventory Comparison
For the Auto Parts subindustry, Mingxin New Material 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.
Mingxin New Material Co Days Inventory vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mingxin New Material Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mingxin New Material 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.
Mingxin New Material Co (SHSE:605068) has a Days Inventory of 294.01 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mingxin New Material Co and its competitors. This is 19% above median its historical median of 246.55. Over the past decade, Mingxin New Material Co's Days Inventory has ranged from 164.97 to 377.35. According to the industry distribution chart, Mingxin New Material Co ranks #1217 out of 1290 companies in the Vehicles & Parts industry, placing it in the top 94.3%.
Is Mingxin New Material Co's Days Inventory too high?
Mingxin New Material Co's current Days Inventory of 294.01 is 19% above median its 10-year median of 246.55. Over the past 10 years, this metric has ranged from a low of 164.97 to a high of 377.35. The Vehicles & Parts industry median Days Inventory is 80.76. Mingxin New Material Co's value of 294.01 is 264.1% above this industry median. Based on the distribution chart, Mingxin New Material Co ranks #1217 out of 1290 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Mingxin New Material Co has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mingxin New Material Co's Days Inventory compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mingxin New Material Co ranks #1217 out of 1290 companies for Days Inventory. This places Mingxin New Material Co in the lower half of its industry. The industry median Days Inventory is 80.76. Mingxin New Material Co's value of 294.01 is 264.1% above this benchmark. Historically, Mingxin New Material Co's own Days Inventory has ranged from 164.97 to 377.35 over the past decade. While the company's 10-year median is 246.55 vs. the industry median of 80.76, Mingxin New Material 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 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. Mingxin New Material Co's current Days Inventory of 294.01 is 264.1% 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 Mingxin New Material 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. Mingxin New Material Co's current Days Inventory is 294.01, which is 19% above median its own 10-year median of 246.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mingxin New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Mingxin New Material Co (SHSE:605068) is currently considered Possible Value Trap. The stock's GF Value™ is ¥30.58, compared to a current price of ¥19.52 — trading 36.2% below its estimated fair value. The current Days Inventory is 294.01, which is 19% above median its 10-year median of 246.55 and 264.1% above the Vehicles & Parts industry median of 80.76. Mingxin New Material Co's overall GF Score™ is 74/100 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 Mingxin New Material Co (SHSE:605068), the current Days Inventory is 294.01 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 Mingxin New Material Co (SHSE:605068) Overvalued in 2026?
Based on GuruFocus' analysis, Mingxin New Material Co stock appears to be undervalued.
The current stock price of ¥19.52 is trading 36.2% below its estimated GF Value™ of ¥30.58.
GuruFocus considers Mingxin New Material Co to be Possible Value Trap.
Key valuation signals for SHSE:605068:
Days Inventory: 294.01 (19% above median its 10-year median of 246.55)
GF Value™: ¥30.58 vs. price of ¥19.52 (36.2% below fair value)
Industry Position: 264.1% above the Vehicles & Parts median (#1217 of 1290)
No single metric tells the full story. See the SHSE:605068 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mingxin New Material Co Ltd is engaged in development, production and sales of automotive leather. The company's product is automotive interior leather, which is mainly used in automotive interior products such as seats, steering wheels, instrument panels, door panels and other high-end passenger cars.
74GF Score
Get the complete analysis for SHSE:605068
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