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.
MGI Tech CoSHSE:688114 +0.80%71 Days Inventory is 402.21 as of Mar. 2026, which is 58% above its 10-year median of 254.52. GuruFocus rates SHSE:688114 with a GF Score™ of 71/100 and a GF Value™ of ¥66.58 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 787 Medical Devices & Instruments companies, MGI Tech Co ranks worse than 79.8% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). MGI Tech Co's Average Total Inventories for the
three
months ended in Mar. 2026 was ¥1,069 Mil. MGI Tech Co's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ¥243 Mil.
Hence, MGI Tech Co's Days Inventory for the
three
months ended in Mar. 2026 was 402.21.
The historical rank and industry rank for MGI Tech Co's Days Inventory or its related term are showing as below:
SHSE:688114'
s Days Inventory Range Over the Past 10 Years
Min: 137.04 Med: 254.52 Max: 352.63
Current: 312.95
During the past 9 years, MGI Tech Co's highest Days Inventory was 352.63. The lowest was 137.04. And the median was 254.52.
SHSE:688114's Days Inventory is ranked worse than 79.8% of 787
companies
in the Medical Devices & Instruments industry
Industry Median: 179.47
vs SHSE:688114: 312.95
MGI Tech Co's Days Inventory
declined
from Mar. 2025 (492.32) to Mar. 2026 (402.21).
Inventory Turnover measures how fast the company turns over its inventory within a year.
MGI Tech Co's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.23.
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.
MGI Tech Co's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.83.
MGI Tech Co (SHSE:688114) 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.
MGI Tech 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.
MGI Tech 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.
MGI Tech Co Days Inventory Related Terms
MGI Tech Co Days Inventory Historical Data
* Premium members only.
The historical data trend for MGI Tech 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.
SHSE:688114 vs ABT, SYK, MDT: Days Inventory Comparison
For the Medical Devices subindustry, MGI Tech 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.
MGI Tech Co Days Inventory vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, MGI Tech Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where MGI Tech 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.
MGI Tech Co (SHSE:688114) has a Days Inventory of 402.21 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MGI Tech Co and its competitors. This is 58% above median its historical median of 254.52. Over the past decade, MGI Tech Co's Days Inventory has ranged from 137.04 to 352.63. According to the industry distribution chart, MGI Tech Co ranks #628 out of 787 companies in the Medical Devices & Instruments industry, placing it in the top 79.8%.
Is MGI Tech Co's Days Inventory too high?
MGI Tech Co's current Days Inventory of 402.21 is 58% above median its 10-year median of 254.52. Over the past 10 years, this metric has ranged from a low of 137.04 to a high of 352.63. The Medical Devices & Instruments industry median Days Inventory is 179.47. MGI Tech Co's value of 402.21 is 124.1% above this industry median. Based on the distribution chart, MGI Tech Co ranks #628 out of 787 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, MGI Tech Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGI Tech Co's Days Inventory compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, MGI Tech Co ranks #628 out of 787 companies for Days Inventory. This places MGI Tech Co in the lower half of its industry. The industry median Days Inventory is 179.47. MGI Tech Co's value of 402.21 is 124.1% above this benchmark. Historically, MGI Tech Co's own Days Inventory has ranged from 137.04 to 352.63 over the past decade. While the company's 10-year median is 254.52 vs. the industry median of 179.47, MGI Tech 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 Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 179.47, based on 787 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. MGI Tech Co's current Days Inventory of 402.21 is 124.1% 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 MGI Tech Co and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 179.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGI Tech Co's current Days Inventory is 402.21, which is 58% above median its own 10-year median of 254.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGI Tech Co stock overvalued right now?
Based on GuruFocus' analysis, MGI Tech Co (SHSE:688114) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥66.58, compared to a current price of ¥50.22 — trading 24.6% below its estimated fair value. The current Days Inventory is 402.21, which is 58% above median its 10-year median of 254.52 and 124.1% above the Medical Devices & Instruments industry median of 179.47. MGI Tech Co's overall GF Score™ is 71/100 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 MGI Tech Co (SHSE:688114), the current Days Inventory is 402.21 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 MGI Tech Co (SHSE:688114) Overvalued in 2026?
Based on GuruFocus' analysis, MGI Tech Co stock appears to be undervalued.
The current stock price of ¥50.22 is trading 24.6% below its estimated GF Value™ of ¥66.58.
GuruFocus considers MGI Tech Co to be Modestly Undervalued.
Key valuation signals for SHSE:688114:
Days Inventory: 402.21 (58% above median its 10-year median of 254.52)
GF Value™: ¥66.58 vs. price of ¥50.22 (24.6% below fair value)
Industry Position: 124.1% above the Medical Devices & Instruments median (#628 of 787)
No single metric tells the full story. See the SHSE:688114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGI Tech Co Ltd is a producer of clinical high-throughput gene sequencers, and its multi-omics platforms include genetic sequencing, medical imaging, and laboratory automation. It provides real-time, panoramic, and full-life-cycle equipment and systems for precision medicine, precision agriculture, precision healthcare, and other relevant industries.
71GF Score
Get the complete analysis for SHSE:688114
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:688114 has been successfully added to your 
