Semiconductor Manufacturing International (SHSE:688981) Days Inventory: 173.90 (As of Mar. 2026) — 86% Above Median


SHSE:688981 Semiconductor Manufacturing International Corp SHSE:688981
77 GF Score
Price ¥148.76
GF Value ¥69.60
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Semiconductor Manufacturing International Days Inventory?

Semiconductor Manufacturing International SHSE:688981 -5.16% 77 Days Inventory is 173.90 as of Mar. 2026, which is 86% above its 10-year median of 93.27. GuruFocus rates SHSE:688981 with a GF Score™ of 77/100 and a GF Value™ of ¥69.60 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 981 Semiconductors companies, Semiconductor Manufacturing International ranks worse than 70.44% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Semiconductor Manufacturing International's Average Total Inventories for the three months ended in Mar. 2026 was ¥26,295 Mil. Semiconductor Manufacturing International's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥13,797 Mil. Hence, Semiconductor Manufacturing International's Days Inventory for the three months ended in Mar. 2026 was 173.90.

The historical rank and industry rank for Semiconductor Manufacturing International's Days Inventory or its related term are showing as below:

SHSE:688981' s Days Inventory Range Over the Past 10 Years
Min: 75.24   Med: 93.27   Max: 165.97
Current: 164.72

During the past 13 years, Semiconductor Manufacturing International's highest Days Inventory was 165.97. The lowest was 75.24. And the median was 93.27.

SHSE:688981's Days Inventory is ranked worse than
70.44% of 981 companies
in the Semiconductors industry
Industry Median: 111.84 vs SHSE:688981: 164.72

Semiconductor Manufacturing International's Days Inventory increased from Mar. 2025 (157.71) to Mar. 2026 (173.90). It might indicate that Semiconductor Manufacturing International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Semiconductor Manufacturing International's Inventory Turnover for the three months ended in Mar. 2026 was 0.52.

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. Semiconductor Manufacturing International's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.52.


Semiconductor Manufacturing International  (SHSE:688981) 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.

Semiconductor Manufacturing International'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.

Semiconductor Manufacturing International's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=26294.659 / 17268.067
=1.52

* 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.


Semiconductor Manufacturing International Days Inventory Related Terms


Semiconductor Manufacturing International Days Inventory Historical Data

* Premium members only.

The historical data trend for Semiconductor Manufacturing International'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.

Semiconductor Manufacturing International Days Inventory Chart

Semiconductor Manufacturing International 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 97.56 121.44 164.57 156.42 165.61

Semiconductor Manufacturing International 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 157.71 161.32 163.43 162.49 173.90

SHSE:688981 vs NVDA, AVGO, MU: Days Inventory Comparison

For the Semiconductors subindustry, Semiconductor Manufacturing International'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.


Semiconductor Manufacturing International Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Semiconductor Manufacturing International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Semiconductor Manufacturing International's Days Inventory falls into.


SHSE:688981
77GF Score
Semiconductor Manufacturing International Corp SHSE:688981
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Semiconductor Manufacturing International Days Inventory Calculation

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

Semiconductor Manufacturing International'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
=( (21538.859 + 25565.421) / 2 ) / 51909.793*365
=23552.14 / 51909.793*365
=165.61

Semiconductor Manufacturing International'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
=( (25565.421 + 27023.897) / 2 ) / 13797.185*365 / 4
=26294.659 / 13797.185*365 / 4
=173.90

* 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 173.90 mean?
Semiconductor Manufacturing International (SHSE:688981) has a Days Inventory of 173.90 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Semiconductor Manufacturing International and its competitors. This is 86% above median its historical median of 93.27. Over the past decade, Semiconductor Manufacturing International's Days Inventory has ranged from 75.24 to 165.97. According to the industry distribution chart, Semiconductor Manufacturing International ranks #691 out of 981 companies in the Semiconductors industry, placing it in the top 70.4%.
Is Semiconductor Manufacturing International's Days Inventory too high?
Semiconductor Manufacturing International's current Days Inventory of 173.90 is 86% above median its 10-year median of 93.27. Over the past 10 years, this metric has ranged from a low of 75.24 to a high of 165.97. The Semiconductors industry median Days Inventory is 111.84. Semiconductor Manufacturing International's value of 173.90 is 55.5% above this industry median. Based on the distribution chart, Semiconductor Manufacturing International ranks #691 out of 981 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Semiconductor Manufacturing International has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semiconductor Manufacturing International's Days Inventory compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Semiconductor Manufacturing International ranks #691 out of 981 companies for Days Inventory. This places Semiconductor Manufacturing International in the lower half of its industry. The industry median Days Inventory is 111.84. Semiconductor Manufacturing International's value of 173.90 is 55.5% above this benchmark. Historically, Semiconductor Manufacturing International's own Days Inventory has ranged from 75.24 to 165.97 over the past decade. While the company's 10-year median is 93.27 vs. the industry median of 111.84, Semiconductor Manufacturing International 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 111.84, based on 981 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. Semiconductor Manufacturing International's current Days Inventory of 173.90 is 55.5% 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 Semiconductor Manufacturing International and its competitors. For the Semiconductors industry, the median Days Inventory is 111.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Semiconductor Manufacturing International's current Days Inventory is 173.90, which is 86% above median its own 10-year median of 93.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semiconductor Manufacturing International stock overvalued right now?
Based on GuruFocus' analysis, Semiconductor Manufacturing International (SHSE:688981) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥69.60, compared to a current price of ¥148.76 — trading 113.7% above its estimated fair value. The current Days Inventory is 173.90, which is 86% above median its 10-year median of 93.27 and 55.5% above the Semiconductors industry median of 111.84. Semiconductor Manufacturing International's overall GF Score™ is 77/100 with 6 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 Semiconductor Manufacturing International (SHSE:688981), the current Days Inventory is 173.90 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 Semiconductor Manufacturing International (SHSE:688981) Overvalued in 2026?

Based on GuruFocus' analysis, Semiconductor Manufacturing International stock appears to be overvalued. The current stock price of ¥148.76 is trading 113.7% above its estimated GF Value™ of ¥69.60. GuruFocus considers Semiconductor Manufacturing International to be Significantly Overvalued.

Key valuation signals for SHSE:688981:

  • Days Inventory: 173.90 (86% above median its 10-year median of 93.27)
  • GF Value™: ¥69.60 vs. price of ¥148.76 (113.7% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 55.5% above the Semiconductors median (#691 of 981)

No single metric tells the full story. See the SHSE:688981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Semiconductor Manufacturing International Business Description

Address No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203
Founded in 2000, Semiconductor Manufacturing International Corporation is the largest foundry in China and the third-largest globally after TSMC and Samsung Electronics, overtaking GlobalFoundries and United Microelectronics in 2024. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen, and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs 19,952 people as of Dec. 31, 2025.
77GF Score

Get the complete analysis for SHSE:688981

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

¥148.76
Price
¥69.60
GF Value