OKE Precision Cutting Tools Co (SHSE:688308) Days Inventory: 342.97 (As of Jun. 2026) — 139% Above Median

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SHSE:688308 OKE Precision Cutting Tools Co Ltd SHSE:688308
76 GF Score
Price ¥87.51
GF Value ¥49.08
Valuation Significantly Overvalued
! 7 Warning Signs
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What is OKE Precision Cutting Tools Co Days Inventory?

OKE Precision Cutting Tools Co SHSE:688308 +3.96% 76 Days Inventory is 342.97 as of Jun. 2026, which is 139% above its 10-year median of 143.71. GuruFocus rates SHSE:688308 with a GF Score™ of 76/100 and a GF Value™ of ¥49.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,968 Industrial Products companies, OKE Precision Cutting Tools Co ranks worse than 83.46% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). OKE Precision Cutting Tools Co's Average Total Inventories for the three months ended in Jun. 2026 was ¥1,106 Mil. OKE Precision Cutting Tools Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥294 Mil. Hence, OKE Precision Cutting Tools Co's Days Inventory for the three months ended in Jun. 2026 was 342.97.

The historical rank and industry rank for OKE Precision Cutting Tools Co's Days Inventory or its related term are showing as below:

SHSE:688308' s Days Inventory Range Over the Past 10 Years
Min: 116.94   Med: 143.71   Max: 244.42
Current: 244.42

During the past 9 years, OKE Precision Cutting Tools Co's highest Days Inventory was 244.42. The lowest was 116.94. And the median was 143.71.

SHSE:688308's Days Inventory is ranked worse than
83.46% of 2968 companies
in the Industrial Products industry
Industry Median: 118.65 vs SHSE:688308: 244.42

OKE Precision Cutting Tools Co's Days Inventory increased from Jun. 2025 (221.47) to Jun. 2026 (342.97). It might indicate that OKE Precision Cutting Tools Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. OKE Precision Cutting Tools Co's Inventory Turnover for the three months ended in Jun. 2026 was 0.27.

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. OKE Precision Cutting Tools Co's Inventory-to-Revenue for the three months ended in Jun. 2026 was 1.97.


OKE Precision Cutting Tools Co  (SHSE:688308) 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.

OKE Precision Cutting Tools Co'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.

OKE Precision Cutting Tools Co'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.


OKE Precision Cutting Tools Co Days Inventory Related Terms


OKE Precision Cutting Tools Co Days Inventory Historical Data

* Premium members only.

The historical data trend for OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co Days Inventory Chart

OKE Precision Cutting Tools Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only 127.34 176.50 218.26 235.58 217.33

OKE Precision Cutting Tools Co 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 221.47 197.44 204.54 210.80 342.97

SHSE:688308 vs SNA, RBC, LECO: Days Inventory Comparison

For the Tools & Accessories subindustry, OKE Precision Cutting Tools 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.


OKE Precision Cutting Tools Co Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, OKE Precision Cutting Tools Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where OKE Precision Cutting Tools Co's Days Inventory falls into.


SHSE:688308
76GF Score
OKE Precision Cutting Tools Co Ltd SHSE:688308
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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OKE Precision Cutting Tools Co Days Inventory Calculation

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

OKE Precision Cutting Tools 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
=( (631.129 + 727.325) / 2 ) / 1140.728*365
=679.227 / 1140.728*365
=217.33

OKE Precision Cutting Tools Co'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
=( (923.757 + 1288.095) / 2 ) / 294.245*365 / 4
=1105.926 / 294.245*365 / 4
=342.97

* 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 342.97 mean?
OKE Precision Cutting Tools Co (SHSE:688308) has a Days Inventory of 342.97 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on OKE Precision Cutting Tools Co and its competitors. This is 139% above median its historical median of 143.71. Over the past decade, OKE Precision Cutting Tools Co's Days Inventory has ranged from 116.94 to 244.42. According to the industry distribution chart, OKE Precision Cutting Tools Co ranks #2477 out of 2968 companies in the Industrial Products industry, placing it in the top 83.5%.
Is OKE Precision Cutting Tools Co's Days Inventory too high?
OKE Precision Cutting Tools Co's current Days Inventory of 342.97 is 139% above median its 10-year median of 143.71. Over the past 10 years, this metric has ranged from a low of 116.94 to a high of 244.42. The Industrial Products industry median Days Inventory is 118.65. OKE Precision Cutting Tools Co's value of 342.97 is 189.1% above this industry median. Based on the distribution chart, OKE Precision Cutting Tools Co ranks #2477 out of 2968 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, OKE Precision Cutting Tools Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKE Precision Cutting Tools Co's Days Inventory compare to SNA and RBC?
According to the Industrial Products industry distribution chart, OKE Precision Cutting Tools Co ranks #2477 out of 2968 companies for Days Inventory. This places OKE Precision Cutting Tools Co in the lower half of its industry. The industry median Days Inventory is 118.65. OKE Precision Cutting Tools Co's value of 342.97 is 189.1% above this benchmark. Historically, OKE Precision Cutting Tools Co's own Days Inventory has ranged from 116.94 to 244.42 over the past decade. While the company's 10-year median is 143.71 vs. the industry median of 118.65, OKE Precision Cutting Tools 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 Industrial Products company?
The median Days Inventory among Industrial Products companies is 118.65, based on 2,968 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. OKE Precision Cutting Tools Co's current Days Inventory of 342.97 is 189.1% 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 OKE Precision Cutting Tools Co and its competitors. For the Industrial Products industry, the median Days Inventory is 118.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OKE Precision Cutting Tools Co's current Days Inventory is 342.97, which is 139% above median its own 10-year median of 143.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKE Precision Cutting Tools Co stock overvalued right now?
Based on GuruFocus' analysis, OKE Precision Cutting Tools Co (SHSE:688308) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥49.08, compared to a current price of ¥87.51 — trading 78.3% above its estimated fair value. The current Days Inventory is 342.97, which is 139% above median its 10-year median of 143.71 and 189.1% above the Industrial Products industry median of 118.65. OKE Precision Cutting Tools Co's overall GF Score™ is 76/100 with 7 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 OKE Precision Cutting Tools Co (SHSE:688308), the current Days Inventory is 342.97 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 OKE Precision Cutting Tools Co (SHSE:688308) Overvalued in 2026?

Based on GuruFocus' analysis, OKE Precision Cutting Tools Co stock appears to be overvalued. The current stock price of ¥87.51 is trading 78.3% above its estimated GF Value™ of ¥49.08. GuruFocus considers OKE Precision Cutting Tools Co to be Significantly Overvalued.

Key valuation signals for SHSE:688308:

  • Days Inventory: 342.97 (139% above median its 10-year median of 143.71)
  • GF Value™: ¥49.08 vs. price of ¥87.51 (78.3% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 189.1% above the Industrial Products median (#2477 of 2968)

No single metric tells the full story. See the SHSE:688308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OKE Precision Cutting Tools Co Business Description

Address No. 588, Majiahe Road, Jinlong Community, Tianyuan District, Hunan Province, Zhuzhou, CHN, 412007
OKE Precision Cutting Tools Co Ltd is engaged in the Research, development, production and sales of cemented carbide products and CNC cutting tools.
76GF Score

Get the complete analysis for SHSE:688308

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

¥87.51
Price
¥49.08
GF Value