Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Days Inventory: 162.68 (As of Mar. 2026) — 10% Below Median

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SHSE:688717 Solax Power Network Technology (Zhejiang) Co Ltd SHSE:688717
45 GF Score
Price ¥56.08
! 5 Warning Signs
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What is Solax Power Network Technology (Zhejiang) Co Days Inventory?

Solax Power Network Technology (Zhejiang) Co SHSE:688717 -6.35% 45 Days Inventory is 162.68 as of Mar. 2026, which is 10% below its 10-year median of 180.33. GuruFocus rates SHSE:688717 with a GF Score™ of 45/100. The stock has 5 warning signs investors should review. Among 983 Semiconductors companies, Solax Power Network Technology (Zhejiang) Co ranks worse than 72.63% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Solax Power Network Technology (Zhejiang) Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥1,737 Mil. Solax Power Network Technology (Zhejiang) Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥974 Mil. Hence, Solax Power Network Technology (Zhejiang) Co's Days Inventory for the three months ended in Mar. 2026 was 162.68.

The historical rank and industry rank for Solax Power Network Technology (Zhejiang) Co's Days Inventory or its related term are showing as below:

SHSE:688717' s Days Inventory Range Over the Past 10 Years
Min: 111.33   Med: 180.33   Max: 249.68
Current: 172.89

During the past 7 years, Solax Power Network Technology (Zhejiang) Co's highest Days Inventory was 249.68. The lowest was 111.33. And the median was 180.33.

SHSE:688717's Days Inventory is ranked worse than
72.63% of 983 companies
in the Semiconductors industry
Industry Median: 112.18 vs SHSE:688717: 172.89

Solax Power Network Technology (Zhejiang) Co's Days Inventory declined from Mar. 2025 (170.68) to Mar. 2026 (162.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Solax Power Network Technology (Zhejiang) Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.56.

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. Solax Power Network Technology (Zhejiang) Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.19.


Solax Power Network Technology (Zhejiang) Co  (SHSE:688717) 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.

Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) 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.


Solax Power Network Technology (Zhejiang) Co Days Inventory Related Terms


Solax Power Network Technology (Zhejiang) Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) Co Days Inventory Chart

Solax Power Network Technology (Zhejiang) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 0.00 111.33 155.00 198.60 162.05

Solax Power Network Technology (Zhejiang) Co Quarterly Data
Dec19 Dec20 Dec21 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 170.68 175.56 162.72 191.21 162.68

SHSE:688717 vs FSLR, NXT, ENPH: Days Inventory Comparison

For the Solar subindustry, Solax Power Network Technology (Zhejiang) 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.


Solax Power Network Technology (Zhejiang) Co Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Solax Power Network Technology (Zhejiang) Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Solax Power Network Technology (Zhejiang) Co's Days Inventory falls into.


SHSE:688717
45GF Score
Solax Power Network Technology (Zhejiang) Co Ltd SHSE:688717
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Solax Power Network Technology (Zhejiang) Co Days Inventory Calculation

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

Solax Power Network Technology (Zhejiang) 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
=( (1035.712 + 1430.397) / 2 ) / 2777.372*365
=1233.0545 / 2777.372*365
=162.05

Solax Power Network Technology (Zhejiang) 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
=( (1430.397 + 2043.089) / 2 ) / 974.165*365 / 4
=1736.743 / 974.165*365 / 4
=162.68

* 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 162.68 mean?
Solax Power Network Technology (Zhejiang) Co (SHSE:688717) has a Days Inventory of 162.68 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Solax Power Network Technology (Zhejiang) Co and its competitors. This is 10% below median its historical median of 180.33. Over the past decade, Solax Power Network Technology (Zhejiang) Co's Days Inventory has ranged from 111.33 to 249.68. According to the industry distribution chart, Solax Power Network Technology (Zhejiang) Co ranks #714 out of 983 companies in the Semiconductors industry, placing it in the top 72.6%.
Is Solax Power Network Technology (Zhejiang) Co's Days Inventory too high?
Solax Power Network Technology (Zhejiang) Co's current Days Inventory of 162.68 is 10% below median its 10-year median of 180.33. Over the past 10 years, this metric has ranged from a low of 111.33 to a high of 249.68. The Semiconductors industry median Days Inventory is 112.18. Solax Power Network Technology (Zhejiang) Co's value of 162.68 is 45% above this industry median. Based on the distribution chart, Solax Power Network Technology (Zhejiang) Co ranks #714 out of 983 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Solax Power Network Technology (Zhejiang) Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Solax Power Network Technology (Zhejiang) Co's Days Inventory compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solax Power Network Technology (Zhejiang) Co ranks #714 out of 983 companies for Days Inventory. This places Solax Power Network Technology (Zhejiang) Co in the lower half of its industry. The industry median Days Inventory is 112.18. Solax Power Network Technology (Zhejiang) Co's value of 162.68 is 45% above this benchmark. Historically, Solax Power Network Technology (Zhejiang) Co's own Days Inventory has ranged from 111.33 to 249.68 over the past decade. While the company's 10-year median is 180.33 vs. the industry median of 112.18, Solax Power Network Technology (Zhejiang) 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 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. Solax Power Network Technology (Zhejiang) Co's current Days Inventory of 162.68 is 45% 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 Solax Power Network Technology (Zhejiang) 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. Solax Power Network Technology (Zhejiang) Co's current Days Inventory is 162.68, which is 10% below median its own 10-year median of 180.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solax Power Network Technology (Zhejiang) Co stock overvalued right now?
Solax Power Network Technology (Zhejiang) Co (SHSE:688717) has a current Days Inventory of 162.68. The current Days Inventory is 162.68, which is 10% below median its 10-year median of 180.33 and 45% above the Semiconductors industry median of 112.18. Solax Power Network Technology (Zhejiang) Co's overall GF Score™ is 45/100 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 Solax Power Network Technology (Zhejiang) Co (SHSE:688717), the current Days Inventory is 162.68 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.

Solax Power Network Technology (Zhejiang) Co Business Description

Address No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063
Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.
45GF Score

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

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