iRay Group (SHSE:688301) Days Inventory: 165.13 (As of Jun. 2026) — Near 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:688301 iRay Group SHSE:688301
95 GF Score
Price ¥88.54
GF Value ¥109.99
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is iRay Group Days Inventory?

iRay Group SHSE:688301 -2.07% 95 Days Inventory is 165.13 as of Jun. 2026, which is 4% above its 10-year median of 158.57. GuruFocus rates SHSE:688301 with a GF Score™ of 95/100 and a GF Value™ of ¥109.99 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 788 Medical Devices & Instruments companies, iRay Group ranks worse than 63.32% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). iRay Group's Average Total Inventories for the three months ended in Jun. 2026 was ¥909 Mil. iRay Group's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥503 Mil. Hence, iRay Group's Days Inventory for the three months ended in Jun. 2026 was 165.13.

The historical rank and industry rank for iRay Group's Days Inventory or its related term are showing as below:

SHSE:688301' s Days Inventory Range Over the Past 10 Years
Min: 73.03   Med: 158.57   Max: 327.32
Current: 213.3

During the past 11 years, iRay Group's highest Days Inventory was 327.32. The lowest was 73.03. And the median was 158.57.

SHSE:688301's Days Inventory is ranked worse than
63.32% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 176.755 vs SHSE:688301: 213.30

iRay Group's Days Inventory declined from Jun. 2025 (286.11) to Jun. 2026 (165.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. iRay Group's Inventory Turnover for the three months ended in Jun. 2026 was 0.55.

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. iRay Group's Inventory-to-Revenue for the three months ended in Jun. 2026 was 0.92.


iRay Group  (SHSE:688301) 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.

iRay Group's Inventory Turnover for the three months ended in Jun. 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.

iRay Group's Inventory to Revenue for the three months ended in Jun. 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.


iRay Group Days Inventory Related Terms


iRay Group Days Inventory Historical Data

* Premium members only.

The historical data trend for iRay Group'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.

iRay Group Days Inventory Chart

iRay Group 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 172.63 272.64 327.32 315.60 270.14

iRay Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 286.11 310.19 215.78 213.63 165.13

SHSE:688301 vs ISRG, BDX, RMD: Days Inventory Comparison

For the Medical Instruments & Supplies subindustry, iRay Group'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.


iRay Group Days Inventory vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, iRay Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where iRay Group's Days Inventory falls into.


SHSE:688301
95GF Score
iRay Group SHSE:688301
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

iRay Group Days Inventory Calculation

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

iRay Group'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
=( (798.276 + 822.286) / 2 ) / 1094.817*365
=810.281 / 1094.817*365
=270.14

iRay Group's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (917.927 + 900.842) / 2 ) / 502.513*365 / 4
=909.3845 / 502.513*365 / 4
=165.13

* 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 165.13 mean?
iRay Group (SHSE:688301) has a Days Inventory of 165.13 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on iRay Group and its competitors. This is near median its historical median of 158.57. Over the past decade, iRay Group's Days Inventory has ranged from 73.03 to 327.32. According to the industry distribution chart, iRay Group ranks #499 out of 788 companies in the Medical Devices & Instruments industry, placing it in the top 63.3%.
Is iRay Group's Days Inventory too high?
iRay Group's current Days Inventory of 165.13 is near median its 10-year median of 158.57. Over the past 10 years, this metric has ranged from a low of 73.03 to a high of 327.32. The Medical Devices & Instruments industry median Days Inventory is 176.76. iRay Group's value of 165.13 is 6.6% below this industry median. Based on the distribution chart, iRay Group ranks #499 out of 788 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, iRay Group has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does iRay Group's Days Inventory compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, iRay Group ranks #499 out of 788 companies for Days Inventory. This places iRay Group in the lower half of its industry. The industry median Days Inventory is 176.76. iRay Group's value of 165.13 is 6.6% below this benchmark. Historically, iRay Group's own Days Inventory has ranged from 73.03 to 327.32 over the past decade. While the company's 10-year median is 158.57 vs. the industry median of 176.76, iRay Group 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 a Medical Devices & Instruments company?
The median Days Inventory among Medical Devices & Instruments companies is 176.76, based on 788 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. iRay Group's current Days Inventory of 165.13 is 6.6% 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 iRay Group and its competitors. For the Medical Devices & Instruments industry, the median Days Inventory is 176.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iRay Group's current Days Inventory is 165.13, which is near median its own 10-year median of 158.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iRay Group stock overvalued right now?
Based on GuruFocus' analysis, iRay Group (SHSE:688301) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥109.99, compared to a current price of ¥88.54 — trading 19.5% below its estimated fair value. The current Days Inventory is 165.13, which is near median its 10-year median of 158.57 and 6.6% below the Medical Devices & Instruments industry median of 176.76. iRay Group's overall GF Score™ is 95/100 with 4 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 iRay Group (SHSE:688301), the current Days Inventory is 165.13 as of Jun. 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 iRay Group (SHSE:688301) Overvalued in 2026?

Based on GuruFocus' analysis, iRay Group stock appears to be undervalued. The current stock price of ¥88.54 is trading 19.5% below its estimated GF Value™ of ¥109.99. GuruFocus considers iRay Group to be Modestly Undervalued.

Key valuation signals for SHSE:688301:

  • Days Inventory: 165.13 (near median its 10-year median of 158.57)
  • GF Value™: ¥109.99 vs. price of ¥88.54 (19.5% below fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 6.6% below the Medical Devices & Instruments median (#499 of 788)

No single metric tells the full story. See the SHSE:688301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iRay Group Business Description

Address Jinhai Road, Building 45, No. 1000, Pudong New District, Shanghai, CHN, 201206
iRay Group is engaged in the Research & Development, production, sales and service of digital X-ray detectors.
95GF Score

Get the complete analysis for SHSE:688301

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

¥88.54
Price
¥109.99
GF Value