Laplace Renewable Energy Technology Co (SHSE:688726) Days Inventory: 438.05 (As of Mar. 2026) — 33% Below Median

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SHSE:688726 Laplace Renewable Energy Technology Co Ltd SHSE:688726
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What is Laplace Renewable Energy Technology Co Days Inventory?

Laplace Renewable Energy Technology Co SHSE:688726 -1.67% 13 Days Inventory is 438.05 as of Mar. 2026, which is 33% below its 10-year median of 652.53. GuruFocus rates SHSE:688726 with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 2,970 Industrial Products companies, Laplace Renewable Energy Technology Co ranks worse than 92.56% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Laplace Renewable Energy Technology Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥3,057 Mil. Laplace Renewable Energy Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥637 Mil. Hence, Laplace Renewable Energy Technology Co's Days Inventory for the three months ended in Mar. 2026 was 438.05.

The historical rank and industry rank for Laplace Renewable Energy Technology Co's Days Inventory or its related term are showing as below:

SHSE:688726' s Days Inventory Range Over the Past 10 Years
Min: 347.63   Med: 652.53   Max: 945.41
Current: 353.68

During the past 6 years, Laplace Renewable Energy Technology Co's highest Days Inventory was 945.41. The lowest was 347.63. And the median was 652.53.

SHSE:688726's Days Inventory is ranked worse than
92.56% of 2970 companies
in the Industrial Products industry
Industry Median: 119.725 vs SHSE:688726: 353.68

Laplace Renewable Energy Technology Co's Days Inventory increased from Mar. 2025 (386.35) to Mar. 2026 (438.05). It might indicate that Laplace Renewable Energy Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Laplace Renewable Energy Technology Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.21.

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. Laplace Renewable Energy Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 3.16.


Laplace Renewable Energy Technology Co  (SHSE:688726) 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.

Laplace Renewable Energy Technology 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.

Laplace Renewable Energy Technology 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.


Laplace Renewable Energy Technology Co Days Inventory Related Terms


Laplace Renewable Energy Technology Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Laplace Renewable Energy Technology 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.

Laplace Renewable Energy Technology Co Days Inventory Chart

Laplace Renewable Energy Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 945.41 0.00 700.80 459.92 347.63

Laplace Renewable Energy Technology Co Quarterly Data
Dec20 Dec21 Dec22 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 386.35 295.36 387.34 325.75 438.05

SHSE:688726 vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Laplace Renewable Energy Technology 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.


Laplace Renewable Energy Technology Co Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Laplace Renewable Energy Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Laplace Renewable Energy Technology Co's Days Inventory falls into.


SHSE:688726
13GF Score
Laplace Renewable Energy Technology Co Ltd SHSE:688726
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Laplace Renewable Energy Technology Co Days Inventory Calculation

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

Laplace Renewable Energy Technology 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
=( (4334.532 + 3013.267) / 2 ) / 3857.434*365
=3673.8995 / 3857.434*365
=347.63

Laplace Renewable Energy Technology 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
=( (3013.267 + 3101.233) / 2 ) / 636.854*365 / 4
=3057.25 / 636.854*365 / 4
=438.05

* 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 438.05 mean?
Laplace Renewable Energy Technology Co (SHSE:688726) has a Days Inventory of 438.05 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Laplace Renewable Energy Technology Co and its competitors. This is 33% below median its historical median of 652.53. Over the past decade, Laplace Renewable Energy Technology Co's Days Inventory has ranged from 347.63 to 945.41. According to the industry distribution chart, Laplace Renewable Energy Technology Co ranks #2749 out of 2970 companies in the Industrial Products industry, placing it in the top 92.6%.
Is Laplace Renewable Energy Technology Co's Days Inventory too high?
Laplace Renewable Energy Technology Co's current Days Inventory of 438.05 is 33% below median its 10-year median of 652.53. Over the past 10 years, this metric has ranged from a low of 347.63 to a high of 945.41. The Industrial Products industry median Days Inventory is 119.73. Laplace Renewable Energy Technology Co's value of 438.05 is 265.9% above this industry median. Based on the distribution chart, Laplace Renewable Energy Technology Co ranks #2749 out of 2970 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Laplace Renewable Energy Technology Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Laplace Renewable Energy Technology Co's Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Laplace Renewable Energy Technology Co ranks #2749 out of 2970 companies for Days Inventory. This places Laplace Renewable Energy Technology Co in the lower half of its industry. The industry median Days Inventory is 119.73. Laplace Renewable Energy Technology Co's value of 438.05 is 265.9% above this benchmark. Historically, Laplace Renewable Energy Technology Co's own Days Inventory has ranged from 347.63 to 945.41 over the past decade. While the company's 10-year median is 652.53 vs. the industry median of 119.73, Laplace Renewable Energy Technology 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 119.73, based on 2,970 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. Laplace Renewable Energy Technology Co's current Days Inventory of 438.05 is 265.9% 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 Laplace Renewable Energy Technology Co and its competitors. For the Industrial Products industry, the median Days Inventory is 119.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laplace Renewable Energy Technology Co's current Days Inventory is 438.05, which is 33% below median its own 10-year median of 652.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laplace Renewable Energy Technology Co stock overvalued right now?
Laplace Renewable Energy Technology Co (SHSE:688726) has a current Days Inventory of 438.05. The current Days Inventory is 438.05, which is 33% below median its 10-year median of 652.53 and 265.9% above the Industrial Products industry median of 119.73. Laplace Renewable Energy Technology Co's overall GF Score™ is 13/100 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 Laplace Renewable Energy Technology Co (SHSE:688726), the current Days Inventory is 438.05 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.

Laplace Renewable Energy Technology Co Business Description

Address No. 1, Jikang Road, Kengzi Street, Pingshan District, Guangdong, Shenzhen, CHN, 518122
Laplace Renewable Energy Technology Co Ltd is engaged in research & develoment, production and sales of high-performance thermal processes, coatings and supporting automation equipment required for photovoltaic cell manufacturing.
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