Hwatsing Technology Co (SHSE:688120) Days Inventory: 540.99 (As of Mar. 2026) — 12% Below 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:688120 Hwatsing Technology Co Ltd SHSE:688120
75 GF Score
Price ¥249.51
GF Value ¥141.50
Valuation Significantly Overvalued
View Full Analysis

What is Hwatsing Technology Co Days Inventory?

Hwatsing Technology Co SHSE:688120 -7.14% 75 Days Inventory is 540.99 as of Mar. 2026, which is 12% below its 10-year median of 615.70. GuruFocus rates SHSE:688120 with a GF Score™ of 75/100 and a GF Value™ of ¥141.50 (Significantly Overvalued). Among 982 Semiconductors companies, Hwatsing Technology Co ranks worse than 94.91% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Hwatsing Technology Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥4,109 Mil. Hwatsing Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥693 Mil. Hence, Hwatsing Technology Co's Days Inventory for the three months ended in Mar. 2026 was 540.99.

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

SHSE:688120' s Days Inventory Range Over the Past 10 Years
Min: 484.59   Med: 615.7   Max: 1388.82
Current: 484.59

During the past 9 years, Hwatsing Technology Co's highest Days Inventory was 1388.82. The lowest was 484.59. And the median was 615.70.

SHSE:688120's Days Inventory is ranked worse than
94.91% of 982 companies
in the Semiconductors industry
Industry Median: 112.155 vs SHSE:688120: 484.59

Hwatsing Technology Co's Days Inventory declined from Mar. 2025 (629.73) to Mar. 2026 (540.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hwatsing Technology Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.17.

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. Hwatsing Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 3.42.


Hwatsing Technology Co  (SHSE:688120) 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.

Hwatsing Technology 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.

Hwatsing Technology 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.


Hwatsing Technology Co Days Inventory Related Terms


Hwatsing Technology Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Hwatsing Technology 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.

Hwatsing Technology Co Days Inventory Chart

Hwatsing Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only 814.89 812.32 615.70 536.08 489.64

Hwatsing Technology 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 629.73 583.83 472.16 391.58 540.99

SHSE:688120 vs AMAT, LRCX, KLAC: Days Inventory Comparison

For the Semiconductor Equipment & Materials subindustry, Hwatsing Technology 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.


Hwatsing Technology Co Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Hwatsing Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hwatsing Technology Co's Days Inventory falls into.


SHSE:688120
75GF Score
Hwatsing Technology Co Ltd SHSE:688120
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwatsing Technology Co Days Inventory Calculation

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

Hwatsing Technology 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
=( (3267.534 + 3988.938) / 2 ) / 2704.633*365
=3628.236 / 2704.633*365
=489.64

Hwatsing Technology 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
=( (3988.938 + 4229.393) / 2 ) / 693.107*365 / 4
=4109.1655 / 693.107*365 / 4
=540.99

* 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 540.99 mean?
Hwatsing Technology Co (SHSE:688120) has a Days Inventory of 540.99 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Hwatsing Technology Co and its competitors. This is 12% below median its historical median of 615.70. Over the past decade, Hwatsing Technology Co's Days Inventory has ranged from 484.59 to 1,388.82. According to the industry distribution chart, Hwatsing Technology Co ranks #932 out of 982 companies in the Semiconductors industry, placing it in the top 94.9%.
Is Hwatsing Technology Co's Days Inventory too high?
Hwatsing Technology Co's current Days Inventory of 540.99 is 12% below median its 10-year median of 615.70. Over the past 10 years, this metric has ranged from a low of 484.59 to a high of 1,388.82. The Semiconductors industry median Days Inventory is 112.16. Hwatsing Technology Co's value of 540.99 is 382.4% above this industry median. Based on the distribution chart, Hwatsing Technology Co ranks #932 out of 982 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Hwatsing Technology Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hwatsing Technology Co's Days Inventory compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Hwatsing Technology Co ranks #932 out of 982 companies for Days Inventory. This places Hwatsing Technology Co in the lower half of its industry. The industry median Days Inventory is 112.16. Hwatsing Technology Co's value of 540.99 is 382.4% above this benchmark. Historically, Hwatsing Technology Co's own Days Inventory has ranged from 484.59 to 1,388.82 over the past decade. While the company's 10-year median is 615.70 vs. the industry median of 112.16, Hwatsing Technology 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 Semiconductors company?
The median Days Inventory among Semiconductors companies is 112.16, based on 982 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. Hwatsing Technology Co's current Days Inventory of 540.99 is 382.4% 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 Hwatsing Technology Co and its competitors. For the Semiconductors industry, the median Days Inventory is 112.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hwatsing Technology Co's current Days Inventory is 540.99, which is 12% below median its own 10-year median of 615.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwatsing Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Hwatsing Technology Co (SHSE:688120) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥141.50, compared to a current price of ¥249.51 — trading 76.3% above its estimated fair value. The current Days Inventory is 540.99, which is 12% below median its 10-year median of 615.70 and 382.4% above the Semiconductors industry median of 112.16. Hwatsing Technology Co's overall GF Score™ is 75/100. 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 Hwatsing Technology Co (SHSE:688120), the current Days Inventory is 540.99 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 Hwatsing Technology Co (SHSE:688120) Overvalued in 2026?

Based on GuruFocus' analysis, Hwatsing Technology Co stock appears to be overvalued. The current stock price of ¥249.51 is trading 76.3% above its estimated GF Value™ of ¥141.50. GuruFocus considers Hwatsing Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:688120:

  • Days Inventory: 540.99 (12% below median its 10-year median of 615.70)
  • GF Value™: ¥141.50 vs. price of ¥249.51 (76.3% above fair value)
  • GF Score™: 75/100
  • Industry Position: 382.4% above the Semiconductors median (#932 of 982)

No single metric tells the full story. See the SHSE:688120 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwatsing Technology Co Business Description

Address No. 11, Juxing Road, Xianshuigu Town, Jinnan District, Tianjin, CHN, 300350
Hwatsing Technology Co Ltd is engaged in research and development, production, sales, and technical services of semiconductor special equipment.
75GF Score

Get the complete analysis for SHSE:688120

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

¥249.51
Price
¥141.50
GF Value