Zhejiang Heda Technology Co (SHSE:688296) Days Inventory: 393.20 (As of Mar. 2026) — 233% Above Median

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SHSE:688296 Zhejiang Heda Technology Co Ltd SHSE:688296
67 GF Score
Price ¥12.49
GF Value ¥10.91
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Zhejiang Heda Technology Co Days Inventory?

Zhejiang Heda Technology Co SHSE:688296 -1.26% 67 Days Inventory is 393.20 as of Mar. 2026, which is 233% above its 10-year median of 118.24. GuruFocus rates SHSE:688296 with a GF Score™ of 67/100 and a GF Value™ of ¥10.91 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 452 Utilities - Regulated companies, Zhejiang Heda Technology Co ranks worse than 94.03% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Zhejiang Heda Technology Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥124.4 Mil. Zhejiang Heda Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥28.9 Mil. Hence, Zhejiang Heda Technology Co's Days Inventory for the three months ended in Mar. 2026 was 393.20.

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

SHSE:688296' s Days Inventory Range Over the Past 10 Years
Min: 32.37   Med: 118.24   Max: 213.08
Current: 213.08

During the past 13 years, Zhejiang Heda Technology Co's highest Days Inventory was 213.08. The lowest was 32.37. And the median was 118.24.

SHSE:688296's Days Inventory is ranked worse than
94.03% of 452 companies
in the Utilities - Regulated industry
Industry Median: 22.52 vs SHSE:688296: 213.08

Zhejiang Heda Technology Co's Days Inventory increased from Mar. 2025 (347.28) to Mar. 2026 (393.20). It might indicate that Zhejiang Heda Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zhejiang Heda Technology 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. Zhejiang Heda Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 2.79.


Zhejiang Heda Technology Co  (SHSE:688296) 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.

Zhejiang Heda 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.

Zhejiang Heda 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.


Zhejiang Heda Technology Co Days Inventory Related Terms


Zhejiang Heda Technology Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Zhejiang Heda 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.

Zhejiang Heda Technology Co Days Inventory Chart

Zhejiang Heda Technology 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 97.15 116.67 152.64 102.09 161.60

Zhejiang Heda 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 347.28 184.40 236.49 153.13 393.20

SHSE:688296 vs AWK, WTRG, AWR: Days Inventory Comparison

For the Utilities - Regulated Water subindustry, Zhejiang Heda 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.


Zhejiang Heda Technology Co Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Zhejiang Heda Technology Co's Days Inventory distribution charts can be found below:

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


SHSE:688296
67GF Score
Zhejiang Heda Technology Co Ltd SHSE:688296
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zhejiang Heda Technology Co Days Inventory Calculation

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

Zhejiang Heda 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
=( (71.745 + 115.121) / 2 ) / 211.033*365
=93.433 / 211.033*365
=161.60

Zhejiang Heda 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
=( (115.121 + 133.603) / 2 ) / 28.861*365 / 4
=124.362 / 28.861*365 / 4
=393.20

* 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 393.20 mean?
Zhejiang Heda Technology Co (SHSE:688296) has a Days Inventory of 393.20 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Zhejiang Heda Technology Co and its competitors. This is 233% above median its historical median of 118.24. Over the past decade, Zhejiang Heda Technology Co's Days Inventory has ranged from 32.37 to 213.08. According to the industry distribution chart, Zhejiang Heda Technology Co ranks #425 out of 452 companies in the Utilities - Regulated industry, placing it in the top 94%.
Is Zhejiang Heda Technology Co's Days Inventory too high?
Zhejiang Heda Technology Co's current Days Inventory of 393.20 is 233% above median its 10-year median of 118.24. Over the past 10 years, this metric has ranged from a low of 32.37 to a high of 213.08. The Utilities - Regulated industry median Days Inventory is 22.52. Zhejiang Heda Technology Co's value of 393.20 is 1646% above this industry median. Based on the distribution chart, Zhejiang Heda Technology Co ranks #425 out of 452 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Zhejiang Heda Technology Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zhejiang Heda Technology Co's Days Inventory compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Zhejiang Heda Technology Co ranks #425 out of 452 companies for Days Inventory. This places Zhejiang Heda Technology Co in the lower half of its industry. The industry median Days Inventory is 22.52. Zhejiang Heda Technology Co's value of 393.20 is 1646% above this benchmark. Historically, Zhejiang Heda Technology Co's own Days Inventory has ranged from 32.37 to 213.08 over the past decade. While the company's 10-year median is 118.24 vs. the industry median of 22.52, Zhejiang Heda 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 an Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.52, based on 452 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. Zhejiang Heda Technology Co's current Days Inventory of 393.20 is 1646% 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 Zhejiang Heda Technology Co and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhejiang Heda Technology Co's current Days Inventory is 393.20, which is 233% above median its own 10-year median of 118.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhejiang Heda Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Zhejiang Heda Technology Co (SHSE:688296) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.91, compared to a current price of ¥12.49 — trading 14.5% above its estimated fair value. The current Days Inventory is 393.20, which is 233% above median its 10-year median of 118.24 and 1646% above the Utilities - Regulated industry median of 22.52. Zhejiang Heda Technology Co's overall GF Score™ is 67/100 with 5 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 Zhejiang Heda Technology Co (SHSE:688296), the current Days Inventory is 393.20 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 Zhejiang Heda Technology Co (SHSE:688296) Overvalued in 2026?

Based on GuruFocus' analysis, Zhejiang Heda Technology Co stock appears to be overvalued. The current stock price of ¥12.49 is trading 14.5% above its estimated GF Value™ of ¥10.91. GuruFocus considers Zhejiang Heda Technology Co to be Modestly Overvalued.

Key valuation signals for SHSE:688296:

  • Days Inventory: 393.20 (233% above median its 10-year median of 118.24)
  • GF Value™: ¥10.91 vs. price of ¥12.49 (14.5% above fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 1646% above the Utilities - Regulated median (#425 of 452)

No single metric tells the full story. See the SHSE:688296 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zhejiang Heda Technology Co Business Description

Address 36 Changsheng South Road, Building 18, Jiaxing Smart Industrial Innovation Park, Economic and Technological Development Zone, Zhejiang Province, Jiaxing, CHN, 314006
Zhejiang Heda Technology Co Ltd focuses on serving water supply, drainage, water conservancy, and agricultural drinking water.
67GF Score

Get the complete analysis for SHSE:688296

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

¥12.49
Price
¥10.91
GF Value