Forehope Electronic (Ningbo) Co (SHSE:688362) Days Inventory: 51.62 (As of Mar. 2026) — Near Median

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SHSE:688362 Forehope Electronic (Ningbo) Co Ltd SHSE:688362
70 GF Score
Price ¥71.42
GF Value ¥46.74
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Forehope Electronic (Ningbo) Co Days Inventory?

Forehope Electronic (Ningbo) Co SHSE:688362 -1.91% 70 Days Inventory is 51.62 as of Mar. 2026, which is 6% above its 10-year median of 48.86. GuruFocus rates SHSE:688362 with a GF Score™ of 70/100 and a GF Value™ of ¥46.74 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 983 Semiconductors companies, Forehope Electronic (Ningbo) Co ranks better than 84.74% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Forehope Electronic (Ningbo) Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥547 Mil. Forehope Electronic (Ningbo) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥967 Mil. Hence, Forehope Electronic (Ningbo) Co's Days Inventory for the three months ended in Mar. 2026 was 51.62.

The historical rank and industry rank for Forehope Electronic (Ningbo) Co's Days Inventory or its related term are showing as below:

SHSE:688362' s Days Inventory Range Over the Past 10 Years
Min: 38.88   Med: 48.86   Max: 121.42
Current: 43.6

During the past 8 years, Forehope Electronic (Ningbo) Co's highest Days Inventory was 121.42. The lowest was 38.88. And the median was 48.86.

SHSE:688362's Days Inventory is ranked better than
84.74% of 983 companies
in the Semiconductors industry
Industry Median: 112.18 vs SHSE:688362: 43.60

Forehope Electronic (Ningbo) Co's Days Inventory increased from Mar. 2025 (41.76) to Mar. 2026 (51.62). It might indicate that Forehope Electronic (Ningbo) Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Forehope Electronic (Ningbo) Co's Inventory Turnover for the three months ended in Mar. 2026 was 1.77.

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. Forehope Electronic (Ningbo) Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.47.


Forehope Electronic (Ningbo) Co  (SHSE:688362) 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.

Forehope Electronic (Ningbo) 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.

Forehope Electronic (Ningbo) 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.


Forehope Electronic (Ningbo) Co Days Inventory Related Terms


Forehope Electronic (Ningbo) Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Forehope Electronic (Ningbo) 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.

Forehope Electronic (Ningbo) Co Days Inventory Chart

Forehope Electronic (Ningbo) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 48.86 64.35 60.15 44.35 43.69

Forehope Electronic (Ningbo) 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 41.76 38.56 38.96 42.69 51.62

SHSE:688362 vs NVDA, AVGO, MU: Days Inventory Comparison

For the Semiconductors subindustry, Forehope Electronic (Ningbo) 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.


Forehope Electronic (Ningbo) Co Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Forehope Electronic (Ningbo) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Forehope Electronic (Ningbo) Co's Days Inventory falls into.


SHSE:688362
70GF Score
Forehope Electronic (Ningbo) Co Ltd SHSE:688362
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Forehope Electronic (Ningbo) Co Days Inventory Calculation

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

Forehope Electronic (Ningbo) 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
=( (367.321 + 510.557) / 2 ) / 3666.666*365
=438.939 / 3666.666*365
=43.69

Forehope Electronic (Ningbo) 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
=( (510.557 + 583.316) / 2 ) / 966.897*365 / 4
=546.9365 / 966.897*365 / 4
=51.62

* 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 51.62 mean?
Forehope Electronic (Ningbo) Co (SHSE:688362) has a Days Inventory of 51.62 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Forehope Electronic (Ningbo) Co and its competitors. This is near median its historical median of 48.86. Over the past decade, Forehope Electronic (Ningbo) Co's Days Inventory has ranged from 38.88 to 121.42. According to the industry distribution chart, Forehope Electronic (Ningbo) Co ranks #150 out of 983 companies in the Semiconductors industry, placing it in the top 15.3%.
Is Forehope Electronic (Ningbo) Co's Days Inventory too high?
Forehope Electronic (Ningbo) Co's current Days Inventory of 51.62 is near median its 10-year median of 48.86. Over the past 10 years, this metric has ranged from a low of 38.88 to a high of 121.42. The Semiconductors industry median Days Inventory is 112.18. Forehope Electronic (Ningbo) Co's value of 51.62 is 54% below this industry median. Based on the distribution chart, Forehope Electronic (Ningbo) Co ranks #150 out of 983 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Forehope Electronic (Ningbo) Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Forehope Electronic (Ningbo) Co's Days Inventory compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Forehope Electronic (Ningbo) Co ranks #150 out of 983 companies for Days Inventory. This places Forehope Electronic (Ningbo) Co in the top 15% of its industry — outperforming the majority of peers. The industry median Days Inventory is 112.18. Forehope Electronic (Ningbo) Co's value of 51.62 is 54% below this benchmark. Historically, Forehope Electronic (Ningbo) Co's own Days Inventory has ranged from 38.88 to 121.42 over the past decade. While the company's 10-year median is 48.86 vs. the industry median of 112.18, Forehope Electronic (Ningbo) Co 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 Semiconductors company?
The median Days Inventory among Semiconductors companies is 112.18, based on 983 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. Forehope Electronic (Ningbo) Co's current Days Inventory of 51.62 is 54% 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 Forehope Electronic (Ningbo) Co and its competitors. For the Semiconductors industry, the median Days Inventory is 112.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forehope Electronic (Ningbo) Co's current Days Inventory is 51.62, which is near median its own 10-year median of 48.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forehope Electronic (Ningbo) Co stock overvalued right now?
Based on GuruFocus' analysis, Forehope Electronic (Ningbo) Co (SHSE:688362) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥46.74, compared to a current price of ¥71.42 — trading 52.8% above its estimated fair value. The current Days Inventory is 51.62, which is near median its 10-year median of 48.86 and 54% below the Semiconductors industry median of 112.18. Forehope Electronic (Ningbo) Co's overall GF Score™ is 70/100 with 8 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 Forehope Electronic (Ningbo) Co (SHSE:688362), the current Days Inventory is 51.62 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 Forehope Electronic (Ningbo) Co (SHSE:688362) Overvalued in 2026?

Based on GuruFocus' analysis, Forehope Electronic (Ningbo) Co stock appears to be overvalued. The current stock price of ¥71.42 is trading 52.8% above its estimated GF Value™ of ¥46.74. GuruFocus considers Forehope Electronic (Ningbo) Co to be Significantly Overvalued.

Key valuation signals for SHSE:688362:

  • Days Inventory: 51.62 (near median its 10-year median of 48.86)
  • GF Value™: ¥46.74 vs. price of ¥71.42 (52.8% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 54% below the Semiconductors median (#150 of 983)

No single metric tells the full story. See the SHSE:688362 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forehope Electronic (Ningbo) Co Business Description

Address No. 22, Xingshun Road, Zhongyi Ningbo Ecological Park, Zhejiang Province, Yuyao, CHN, 315400
Forehope Electronic (Ningbo) Co Ltd is engaged in the packaging and testing of integrated circuits.
70GF Score

Get the complete analysis for SHSE:688362

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

¥71.42
Price
¥46.74
GF Value