Ningbo Hicon Industry Technology Co (SZSE:001237) Days Inventory: 68.77 (As of Mar. 2026) — 48% Above Median

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SZSE:001237 Ningbo Hicon Industry Technology Co Ltd SZSE:001237
20 GF Score
Price ¥54.18
! 1 Warning Sign
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What is Ningbo Hicon Industry Technology Co Days Inventory?

Ningbo Hicon Industry Technology Co SZSE:001237 -1.04% 20 Days Inventory is 68.77 as of Mar. 2026, which is 48% above its 10-year median of 46.45. GuruFocus rates SZSE:001237 with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 415 Furnishings, Fixtures & Appliances companies, Ningbo Hicon Industry Technology Co ranks better than 93.25% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ningbo Hicon Industry Technology Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥313 Mil. Ningbo Hicon Industry Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥415 Mil. Hence, Ningbo Hicon Industry Technology Co's Days Inventory for the three months ended in Mar. 2026 was 68.77.

The historical rank and industry rank for Ningbo Hicon Industry Technology Co's Days Inventory or its related term are showing as below:

SZSE:001237' s Days Inventory Range Over the Past 10 Years
Min: 35.7   Med: 46.45   Max: 80.57
Current: 35.7

During the past 4 years, Ningbo Hicon Industry Technology Co's highest Days Inventory was 80.57. The lowest was 35.70. And the median was 46.45.

SZSE:001237's Days Inventory is ranked better than
93.25% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 95.74 vs SZSE:001237: 35.70

Ningbo Hicon Industry Technology Co's Days Inventory declined from Mar. 2025 (152.55) to Mar. 2026 (68.77).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ningbo Hicon Industry Technology Co's Inventory Turnover for the three months ended in Mar. 2026 was 1.33.

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. Ningbo Hicon Industry Technology Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.56.


Ningbo Hicon Industry Technology Co  (SZSE:001237) 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.

Ningbo Hicon Industry 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.

Ningbo Hicon Industry 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.


Ningbo Hicon Industry Technology Co Days Inventory Related Terms


Ningbo Hicon Industry Technology Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Ningbo Hicon Industry 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.

Ningbo Hicon Industry Technology Co Days Inventory Chart

Ningbo Hicon Industry Technology Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Inventory
46.45 41.05 0.00 80.57

Ningbo Hicon Industry Technology Co Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only 152.55 46.75 0.00 11.70 68.77

SZSE:001237 vs SN, SGI, MHK: Days Inventory Comparison

For the Furnishings, Fixtures & Appliances subindustry, Ningbo Hicon Industry 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.


Ningbo Hicon Industry Technology Co Days Inventory vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ningbo Hicon Industry Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ningbo Hicon Industry Technology Co's Days Inventory falls into.


SZSE:001237
20GF Score
Ningbo Hicon Industry Technology Co Ltd SZSE:001237
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ningbo Hicon Industry Technology Co Days Inventory Calculation

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

Ningbo Hicon Industry 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
=( (689.209 + 282.225) / 2 ) / 2200.359*365
=485.717 / 2200.359*365
=80.57

Ningbo Hicon Industry 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
=( (282.225 + 343.824) / 2 ) / 415.333*365 / 4
=313.0245 / 415.333*365 / 4
=68.77

* 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 68.77 mean?
Ningbo Hicon Industry Technology Co (SZSE:001237) has a Days Inventory of 68.77 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ningbo Hicon Industry Technology Co and its competitors. This is 48% above median its historical median of 46.45. Over the past decade, Ningbo Hicon Industry Technology Co's Days Inventory has ranged from 35.70 to 80.57. According to the industry distribution chart, Ningbo Hicon Industry Technology Co ranks #28 out of 415 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 6.7%.
Is Ningbo Hicon Industry Technology Co's Days Inventory too high?
Ningbo Hicon Industry Technology Co's current Days Inventory of 68.77 is 48% above median its 10-year median of 46.45. Over the past 10 years, this metric has ranged from a low of 35.70 to a high of 80.57. The Furnishings, Fixtures & Appliances industry median Days Inventory is 95.74. Ningbo Hicon Industry Technology Co's value of 68.77 is 28.2% below this industry median. Based on the distribution chart, Ningbo Hicon Industry Technology Co ranks #28 out of 415 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Ningbo Hicon Industry Technology Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Ningbo Hicon Industry Technology Co's Days Inventory compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Ningbo Hicon Industry Technology Co ranks #28 out of 415 companies for Days Inventory. This places Ningbo Hicon Industry Technology Co in the top 7% of its industry — outperforming the majority of peers. The industry median Days Inventory is 95.74. Ningbo Hicon Industry Technology Co's value of 68.77 is 28.2% below this benchmark. Historically, Ningbo Hicon Industry Technology Co's own Days Inventory has ranged from 35.70 to 80.57 over the past decade. While the company's 10-year median is 46.45 vs. the industry median of 95.74, Ningbo Hicon Industry Technology 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 Furnishings, Fixtures & Appliances company?
The median Days Inventory among Furnishings, Fixtures & Appliances companies is 95.74, based on 415 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. Ningbo Hicon Industry Technology Co's current Days Inventory of 68.77 is 28.2% 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 Ningbo Hicon Industry Technology Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Days Inventory is 95.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ningbo Hicon Industry Technology Co's current Days Inventory is 68.77, which is 48% above median its own 10-year median of 46.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Hicon Industry Technology Co stock overvalued right now?
Ningbo Hicon Industry Technology Co (SZSE:001237) has a current Days Inventory of 68.77. The current Days Inventory is 68.77, which is 48% above median its 10-year median of 46.45 and 28.2% below the Furnishings, Fixtures & Appliances industry median of 95.74. Ningbo Hicon Industry Technology Co's overall GF Score™ is 20/100 with 1 warning sign 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 Ningbo Hicon Industry Technology Co (SZSE:001237), the current Days Inventory is 68.77 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.

Ningbo Hicon Industry Technology Co Business Description

Address No. 55, Binhai Fourth Road, Qianwan New District, Zhejiang Province, Ningbo, CHN, 315336
Ningbo Hicon Industry Technology Co Ltd is engaged in the research, development, production, and sales of refrigeration equipment. The company's products are widely used in many commercial and household fields, such as restaurants, hotels, supermarkets, cafes, milk tea shops, convenience stores, bars, schools, and offices. It exports to various countries and regions around the world, including China, the United States, Canada, Germany, Sweden, and Australia. The company's offerings include ice makers, Commercial ice makers, wine cabinets, refrigerators, freezers, car refrigerators, Ice cream machines, display cases, and Snow melting machines.
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