Shin Shin Natural Gas Co (TPE:9918) Days Inventory: 22.83 (As of Dec. 2025) — 110% Above Median


TPE:9918 Shin Shin Natural Gas Co Ltd TPE:9918
79 GF Score
Price NT$43.10
GF Value NT$42.89
Valuation Fairly Valued
! 2 Warning Signs
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What is Shin Shin Natural Gas Co Days Inventory?

Shin Shin Natural Gas Co TPE:9918 -0.58% 79 Days Inventory is 22.83 as of Dec. 2025, which is 110% above its 10-year median of 10.86. GuruFocus rates TPE:9918 with a GF Score™ of 79/100 and a GF Value™ of NT$42.89 (Fairly Valued). The stock has 2 warning signs investors should review. Among 452 Utilities - Regulated companies, Shin Shin Natural Gas Co ranks better than 52.65% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shin Shin Natural Gas Co's Average Total Inventories for the three months ended in Dec. 2025 was NT$86 Mil. Shin Shin Natural Gas Co's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$343 Mil. Hence, Shin Shin Natural Gas Co's Days Inventory for the three months ended in Dec. 2025 was 22.83.

The historical rank and industry rank for Shin Shin Natural Gas Co's Days Inventory or its related term are showing as below:

TPE:9918' s Days Inventory Range Over the Past 10 Years
Min: 7.37   Med: 10.86   Max: 21.19
Current: 21.19

During the past 13 years, Shin Shin Natural Gas Co's highest Days Inventory was 21.19. The lowest was 7.37. And the median was 10.86.

TPE:9918's Days Inventory is ranked better than
52.65% of 452 companies
in the Utilities - Regulated industry
Industry Median: 22.52 vs TPE:9918: 21.19

Shin Shin Natural Gas Co's Days Inventory increased from Dec. 2024 (15.08) to Dec. 2025 (22.83). It might indicate that Shin Shin Natural Gas Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shin Shin Natural Gas Co's Inventory Turnover for the three months ended in Dec. 2025 was 4.00.

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. Shin Shin Natural Gas Co's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.19.


Shin Shin Natural Gas Co  (TPE:9918) 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.

Shin Shin Natural Gas Co's Inventory Turnover for the three months ended in Dec. 2025 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.

Shin Shin Natural Gas Co's Inventory to Revenue for the three months ended in Dec. 2025 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.


Shin Shin Natural Gas Co Days Inventory Related Terms


Shin Shin Natural Gas Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Shin Shin Natural Gas 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.

Shin Shin Natural Gas Co Days Inventory Chart

Shin Shin Natural Gas Co 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 11.16 10.56 11.68 14.32 18.88

Shin Shin Natural Gas Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 15.08 15.41 23.36 28.94 22.83

TPE:9918 vs ATO, NI, UGI: Days Inventory Comparison

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.


Shin Shin Natural Gas Co Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shin Shin Natural Gas Co's Days Inventory falls into.


TPE:9918
79GF Score
Shin Shin Natural Gas Co Ltd TPE:9918
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Shin Natural Gas Co Days Inventory Calculation

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

Shin Shin Natural Gas 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
=( (67.61 + 81.333) / 2 ) / 1439.615*365
=74.4715 / 1439.615*365
=18.88

Shin Shin Natural Gas Co's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (90.279 + 81.333) / 2 ) / 342.976*365 / 4
=85.806 / 342.976*365 / 4
=22.83

* 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 22.83 mean?
Shin Shin Natural Gas Co (TPE:9918) has a Days Inventory of 22.83 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shin Shin Natural Gas Co and its competitors. This is 110% above median its historical median of 10.86. Over the past decade, Shin Shin Natural Gas Co's Days Inventory has ranged from 7.37 to 21.19. According to the industry distribution chart, Shin Shin Natural Gas Co ranks #214 out of 452 companies in the Utilities - Regulated industry, placing it in the top 47.3%.
Is Shin Shin Natural Gas Co's Days Inventory too high?
Shin Shin Natural Gas Co's current Days Inventory of 22.83 is 110% above median its 10-year median of 10.86. Over the past 10 years, this metric has ranged from a low of 7.37 to a high of 21.19. The Utilities - Regulated industry median Days Inventory is 22.52. Shin Shin Natural Gas Co's value of 22.83 is 1.4% above this industry median. Based on the distribution chart, Shin Shin Natural Gas Co ranks #214 out of 452 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Shin Shin Natural Gas Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Natural Gas Co's Days Inventory compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Shin Natural Gas Co ranks #214 out of 452 companies for Days Inventory. This puts Shin Shin Natural Gas Co in the upper half of its industry. The industry median Days Inventory is 22.52. Shin Shin Natural Gas Co's value of 22.83 is 1.4% above this benchmark. Historically, Shin Shin Natural Gas Co's own Days Inventory has ranged from 7.37 to 21.19 over the past decade. While the company's 10-year median is 10.86 vs. the industry median of 22.52, Shin Shin Natural Gas 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 Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.52, based on 452 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. Shin Shin Natural Gas Co's current Days Inventory of 22.83 is 1.4% 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 Shin Shin Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Natural Gas Co's current Days Inventory is 22.83, which is 110% above median its own 10-year median of 10.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co (TPE:9918) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.89, compared to a current price of NT$43.10 — trading 0.5% above its estimated fair value. The current Days Inventory is 22.83, which is 110% above median its 10-year median of 10.86 and 1.4% above the Utilities - Regulated industry median of 22.52. Shin Shin Natural Gas Co's overall GF Score™ is 79/100 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 Shin Shin Natural Gas Co (TPE:9918), the current Days Inventory is 22.83 as of Dec. 2025. 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 Shin Shin Natural Gas Co (TPE:9918) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Shin Natural Gas Co stock appears to be overvalued. The current stock price of NT$43.10 is trading 0.5% above its estimated GF Value™ of NT$42.89. GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.

Key valuation signals for TPE:9918:

  • Days Inventory: 22.83 (110% above median its 10-year median of 10.86)
  • GF Value™: NT$42.89 vs. price of NT$43.10 (0.5% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 1.4% above the Utilities - Regulated median (#214 of 452)

No single metric tells the full story. See the TPE:9918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Shin Natural Gas Co Business Description

Address No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.
79GF Score

Get the complete analysis for TPE:9918

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

NT$43.10
Price
NT$42.89
GF Value