Shanghai Chemspec (SHSE:688602) Days Inventory: 262.24 (As of Mar. 2026) — 30% Above Median

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Director of Data and Quant Analytics at GuruFocus
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SHSE:688602 Shanghai Chemspec Corp SHSE:688602
74 GF Score
Price ¥6.44
GF Value ¥6.27
Valuation Fairly Valued
! 2 Warning Signs
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What is Shanghai Chemspec Days Inventory?

Shanghai Chemspec SHSE:688602 +0.78% 74 Days Inventory is 262.24 as of Mar. 2026, which is 30% above its 10-year median of 202.23. GuruFocus rates SHSE:688602 with a GF Score™ of 74/100 and a GF Value™ of ¥6.27 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,542 Chemicals companies, Shanghai Chemspec ranks worse than 93.19% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shanghai Chemspec's Average Total Inventories for the three months ended in Mar. 2026 was ¥363.9 Mil. Shanghai Chemspec's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥126.6 Mil. Hence, Shanghai Chemspec's Days Inventory for the three months ended in Mar. 2026 was 262.24.

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

SHSE:688602' s Days Inventory Range Over the Past 10 Years
Min: 151.63   Med: 202.23   Max: 268
Current: 234.69

During the past 10 years, Shanghai Chemspec's highest Days Inventory was 268.00. The lowest was 151.63. And the median was 202.23.

SHSE:688602's Days Inventory is ranked worse than
93.19% of 1542 companies
in the Chemicals industry
Industry Median: 80.165 vs SHSE:688602: 234.69

Shanghai Chemspec's Days Inventory increased from Mar. 2025 (219.56) to Mar. 2026 (262.24). It might indicate that Shanghai Chemspec's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanghai Chemspec's Inventory Turnover for the three months ended in Mar. 2026 was 0.35.

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. Shanghai Chemspec's Inventory-to-Revenue for the three months ended in Mar. 2026 was 2.43.


Shanghai Chemspec  (SHSE:688602) 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.

Shanghai Chemspec'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.

Shanghai Chemspec'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.


Shanghai Chemspec Days Inventory Related Terms


Shanghai Chemspec Days Inventory Historical Data

* Premium members only.

The historical data trend for Shanghai Chemspec'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.

Shanghai Chemspec Days Inventory Chart

Shanghai Chemspec 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 151.63 178.98 249.05 268.00 224.04

Shanghai Chemspec Quarterly Data
Dec19 Dec20 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 219.56 225.56 222.12 234.58 262.24

SHSE:688602 vs DOW: Days Inventory Comparison

For the Chemicals subindustry, Shanghai Chemspec'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.


Shanghai Chemspec Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Chemspec's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanghai Chemspec's Days Inventory falls into.


SHSE:688602
74GF Score
Shanghai Chemspec Corp SHSE:688602
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Chemspec Days Inventory Calculation

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

Shanghai Chemspec'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
=( (433.298 + 360.761) / 2 ) / 646.832*365
=397.0295 / 646.832*365
=224.04

Shanghai Chemspec'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
=( (360.761 + 367.113) / 2 ) / 126.636*365 / 4
=363.937 / 126.636*365 / 4
=262.24

* 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 262.24 mean?
Shanghai Chemspec (SHSE:688602) has a Days Inventory of 262.24 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shanghai Chemspec and its competitors. This is 30% above median its historical median of 202.23. Over the past decade, Shanghai Chemspec's Days Inventory has ranged from 151.63 to 268.00. According to the industry distribution chart, Shanghai Chemspec ranks #1437 out of 1542 companies in the Chemicals industry, placing it in the top 93.2%.
Is Shanghai Chemspec's Days Inventory too high?
Shanghai Chemspec's current Days Inventory of 262.24 is 30% above median its 10-year median of 202.23. Over the past 10 years, this metric has ranged from a low of 151.63 to a high of 268.00. The Chemicals industry median Days Inventory is 80.17. Shanghai Chemspec's value of 262.24 is 227.1% above this industry median. Based on the distribution chart, Shanghai Chemspec ranks #1437 out of 1542 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Shanghai Chemspec has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Chemspec's Days Inventory compare to DOW?
According to the Chemicals industry distribution chart, Shanghai Chemspec ranks #1437 out of 1542 companies for Days Inventory. This places Shanghai Chemspec in the lower half of its industry. The industry median Days Inventory is 80.17. Shanghai Chemspec's value of 262.24 is 227.1% above this benchmark. Historically, Shanghai Chemspec's own Days Inventory has ranged from 151.63 to 268.00 over the past decade. While the company's 10-year median is 202.23 vs. the industry median of 80.17, Shanghai Chemspec 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 Chemicals company?
The median Days Inventory among Chemicals companies is 80.17, based on 1,542 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. Shanghai Chemspec's current Days Inventory of 262.24 is 227.1% 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 Shanghai Chemspec and its competitors. For the Chemicals industry, the median Days Inventory is 80.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Chemspec's current Days Inventory is 262.24, which is 30% above median its own 10-year median of 202.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Chemspec stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Chemspec (SHSE:688602) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.27, compared to a current price of ¥6.44 — trading 2.7% above its estimated fair value. The current Days Inventory is 262.24, which is 30% above median its 10-year median of 202.23 and 227.1% above the Chemicals industry median of 80.17. Shanghai Chemspec's overall GF Score™ is 74/100 with 2 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 Shanghai Chemspec (SHSE:688602), the current Days Inventory is 262.24 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 Shanghai Chemspec (SHSE:688602) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Chemspec stock appears to be overvalued. The current stock price of ¥6.44 is trading 2.7% above its estimated GF Value™ of ¥6.27. GuruFocus considers Shanghai Chemspec to be Fairly Valued.

Key valuation signals for SHSE:688602:

  • Days Inventory: 262.24 (30% above median its 10-year median of 202.23)
  • GF Value™: ¥6.27 vs. price of ¥6.44 (2.7% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 227.1% above the Chemicals median (#1437 of 1542)

No single metric tells the full story. See the SHSE:688602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Chemspec Business Description

Address Qilianshan South Road, Building 1, No. 200, Lane 2891, Putuo, Shanghai, CHN, 200331
Shanghai Chemspec Corp is engaged in research & development, production and sales of fine chemicals. It is globally recognized as an industry leader in providing fluorinated specialty chemicals serving markets in a variety of applications. These include liquid crystals, lithium-ion battery components, pharmaceutical chemicals, and agrochemicals.
74GF Score

Get the complete analysis for SHSE:688602

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

¥6.44
Price
¥6.27
GF Value