Ningbo Deye Technology (SHSE:605117) Days Inventory: 75.90 (As of Mar. 2026) — 47% Above Median

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SHSE:605117 Ningbo Deye Technology Corp SHSE:605117
88 GF Score
Price ¥82.80
GF Value ¥77.48
Valuation Fairly Valued
! 3 Warning Signs
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What is Ningbo Deye Technology Days Inventory?

Ningbo Deye Technology SHSE:605117 -2.74% 88 Days Inventory is 75.90 as of Mar. 2026, which is 47% above its 10-year median of 51.76. GuruFocus rates SHSE:605117 with a GF Score™ of 88/100 and a GF Value™ of ¥77.48 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,971 Industrial Products companies, Ningbo Deye Technology ranks better than 76.61% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ningbo Deye Technology's Average Total Inventories for the three months ended in Mar. 2026 was ¥2,172 Mil. Ningbo Deye Technology's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,611 Mil. Hence, Ningbo Deye Technology's Days Inventory for the three months ended in Mar. 2026 was 75.90.

The historical rank and industry rank for Ningbo Deye Technology's Days Inventory or its related term are showing as below:

SHSE:605117' s Days Inventory Range Over the Past 10 Years
Min: 35.48   Med: 51.76   Max: 75.91
Current: 73.76

During the past 10 years, Ningbo Deye Technology's highest Days Inventory was 75.91. The lowest was 35.48. And the median was 51.76.

SHSE:605117's Days Inventory is ranked better than
76.61% of 2971 companies
in the Industrial Products industry
Industry Median: 119.55 vs SHSE:605117: 73.76

Ningbo Deye Technology's Days Inventory declined from Mar. 2025 (76.71) to Mar. 2026 (75.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Deye Technology's Inventory Turnover for the three months ended in Mar. 2026 was 1.20.

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. Ningbo Deye Technology's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.49.


Ningbo Deye Technology  (SHSE:605117) 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.

Ningbo Deye Technology'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.

Ningbo Deye Technology'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.


Ningbo Deye Technology Days Inventory Related Terms


Ningbo Deye Technology Days Inventory Historical Data

* Premium members only.

The historical data trend for Ningbo Deye Technology'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.

Ningbo Deye Technology Days Inventory Chart

Ningbo Deye Technology 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 40.99 65.35 65.67 56.23 75.91

Ningbo Deye Technology 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 76.71 70.56 68.36 69.38 75.90

SHSE:605117 vs VRT, BE: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, Ningbo Deye Technology'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.


Ningbo Deye Technology Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Deye Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ningbo Deye Technology's Days Inventory falls into.


SHSE:605117
88GF Score
Ningbo Deye Technology Corp SHSE:605117
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Deye Technology Days Inventory Calculation

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

Ningbo Deye Technology'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
=( (1360.452 + 1785.399) / 2 ) / 7563.159*365
=1572.9255 / 7563.159*365
=75.91

Ningbo Deye Technology'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
=( (1785.399 + 2558.168) / 2 ) / 2611.144*365 / 4
=2171.7835 / 2611.144*365 / 4
=75.90

* 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 75.90 mean?
Ningbo Deye Technology (SHSE:605117) has a Days Inventory of 75.90 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ningbo Deye Technology and its competitors. This is 47% above median its historical median of 51.76. Over the past decade, Ningbo Deye Technology's Days Inventory has ranged from 35.48 to 75.91. According to the industry distribution chart, Ningbo Deye Technology ranks #695 out of 2971 companies in the Industrial Products industry, placing it in the top 23.4%.
Is Ningbo Deye Technology's Days Inventory too high?
Ningbo Deye Technology's current Days Inventory of 75.90 is 47% above median its 10-year median of 51.76. Over the past 10 years, this metric has ranged from a low of 35.48 to a high of 75.91. The Industrial Products industry median Days Inventory is 119.55. Ningbo Deye Technology's value of 75.90 is 36.5% below this industry median. Based on the distribution chart, Ningbo Deye Technology ranks #695 out of 2971 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Deye Technology has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Deye Technology's Days Inventory compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ningbo Deye Technology ranks #695 out of 2971 companies for Days Inventory. This places Ningbo Deye Technology in the top 23% of its industry — outperforming the majority of peers. The industry median Days Inventory is 119.55. Ningbo Deye Technology's value of 75.90 is 36.5% below this benchmark. Historically, Ningbo Deye Technology's own Days Inventory has ranged from 35.48 to 75.91 over the past decade. While the company's 10-year median is 51.76 vs. the industry median of 119.55, Ningbo Deye Technology 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.55, based on 2,971 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. Ningbo Deye Technology's current Days Inventory of 75.90 is 36.5% 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 Ningbo Deye Technology and its competitors. For the Industrial Products industry, the median Days Inventory is 119.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Deye Technology's current Days Inventory is 75.90, which is 47% above median its own 10-year median of 51.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Deye Technology stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Deye Technology (SHSE:605117) is currently considered Fairly Valued. The stock's GF Value™ is ¥77.48, compared to a current price of ¥82.80 — trading 6.9% above its estimated fair value. The current Days Inventory is 75.90, which is 47% above median its 10-year median of 51.76 and 36.5% below the Industrial Products industry median of 119.55. Ningbo Deye Technology's overall GF Score™ is 88/100 with 3 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 Ningbo Deye Technology (SHSE:605117), the current Days Inventory is 75.90 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 Ningbo Deye Technology (SHSE:605117) Overvalued in 2026?

Based on GuruFocus' analysis, Ningbo Deye Technology stock appears to be overvalued. The current stock price of ¥82.80 is trading 6.9% above its estimated GF Value™ of ¥77.48. GuruFocus considers Ningbo Deye Technology to be Fairly Valued.

Key valuation signals for SHSE:605117:

  • Days Inventory: 75.90 (47% above median its 10-year median of 51.76)
  • GF Value™: ¥77.48 vs. price of ¥82.80 (6.9% above fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 36.5% below the Industrial Products median (#695 of 2971)

No single metric tells the full story. See the SHSE:605117 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ningbo Deye Technology Business Description

Address No. 26, Yongjiang South Road, Daqi, Beilun District, Zhejiang Province, Ningbo, CHN, 315806
Ningbo Deye Technology Corp is engaged in the research, development, manufacturing, and sale of inverters, heat exchangers, and dehumidifiers. Its product range also includes refrigeration equipment, air and water purification systems, fresh air systems, solar air conditioners, variable frequency water pumps, and electronic controllers.
88GF Score

Get the complete analysis for SHSE:605117

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

¥82.80
Price
¥77.48
GF Value