Shin Hai Gas (TPE:9926) Days Inventory: 54.49 (As of Dec. 2025) — 61% Above Median


TPE:9926 Shin Hai Gas Corp TPE:9926
92 GF Score
Price NT$49.65
GF Value NT$58.21
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Shin Hai Gas Days Inventory?

Shin Hai Gas TPE:9926 92 Days Inventory is 54.49 as of Dec. 2025, which is 61% above its 10-year median of 33.94. GuruFocus rates TPE:9926 with a GF Score™ of 92/100 and a GF Value™ of NT$58.21 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 451 Utilities - Regulated companies, Shin Hai Gas ranks worse than 74.94% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Shin Hai Gas's Average Total Inventories for the three months ended in Dec. 2025 was NT$277 Mil. Shin Hai Gas's Cost of Goods Sold for the three months ended in Dec. 2025 was NT$464 Mil. Hence, Shin Hai Gas's Days Inventory for the three months ended in Dec. 2025 was 54.49.

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

TPE:9926' s Days Inventory Range Over the Past 10 Years
Min: 22.46   Med: 33.94   Max: 54.47
Current: 52.49

During the past 13 years, Shin Hai Gas's highest Days Inventory was 54.47. The lowest was 22.46. And the median was 33.94.

TPE:9926's Days Inventory is ranked worse than
74.94% of 451 companies
in the Utilities - Regulated industry
Industry Median: 22.53 vs TPE:9926: 52.49

Shin Hai Gas's Days Inventory increased from Dec. 2024 (51.72) to Dec. 2025 (54.49). It might indicate that Shin Hai Gas's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shin Hai Gas's Inventory Turnover for the three months ended in Dec. 2025 was 1.67.

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 Hai Gas's Inventory-to-Revenue for the three months ended in Dec. 2025 was 0.47.


Shin Hai Gas  (TPE:9926) 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 Hai Gas'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 Hai Gas'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 Hai Gas Days Inventory Related Terms


Shin Hai Gas Days Inventory Historical Data

* Premium members only.

The historical data trend for Shin Hai Gas'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 Hai Gas Days Inventory Chart

Shin Hai Gas 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 37.06 41.80 48.38 52.32 54.47

Shin Hai Gas 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 51.72 43.81 51.97 60.23 54.49

TPE:9926 vs ATO, NI, UGI: Days Inventory Comparison

For the Utilities - Regulated Gas subindustry, Shin Hai Gas'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 Hai Gas Days Inventory vs Utilities - Regulated Industry

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

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


TPE:9926
92GF Score
Shin Hai Gas Corp TPE:9926
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Shin Hai Gas Days Inventory Calculation

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

Shin Hai Gas'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
=( (255.173 + 289.044) / 2 ) / 1823.281*365
=272.1085 / 1823.281*365
=54.47

Shin Hai Gas'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
=( (265.127 + 289.044) / 2 ) / 463.971*365 / 4
=277.0855 / 463.971*365 / 4
=54.49

* 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 54.49 mean?
Shin Hai Gas (TPE:9926) has a Days Inventory of 54.49 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shin Hai Gas and its competitors. This is 61% above median its historical median of 33.94. Over the past decade, Shin Hai Gas' Days Inventory has ranged from 22.46 to 54.47. According to the industry distribution chart, Shin Hai Gas ranks #338 out of 451 companies in the Utilities - Regulated industry, placing it in the top 74.9%.
Is Shin Hai Gas' Days Inventory too high?
Shin Hai Gas' current Days Inventory of 54.49 is 61% above median its 10-year median of 33.94. Over the past 10 years, this metric has ranged from a low of 22.46 to a high of 54.47. The Utilities - Regulated industry median Days Inventory is 22.53. Shin Hai Gas' value of 54.49 is 141.9% above this industry median. Based on the distribution chart, Shin Hai Gas ranks #338 out of 451 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Shin Hai Gas has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Hai Gas' Days Inventory compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Hai Gas ranks #338 out of 451 companies for Days Inventory. This places Shin Hai Gas in the lower half of its industry. The industry median Days Inventory is 22.53. Shin Hai Gas' value of 54.49 is 141.9% above this benchmark. Historically, Shin Hai Gas' own Days Inventory has ranged from 22.46 to 54.47 over the past decade. While the company's 10-year median is 33.94 vs. the industry median of 22.53, Shin Hai Gas 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 22.53, based on 451 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 Hai Gas's current Days Inventory of 54.49 is 141.9% 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 Shin Hai Gas and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Hai Gas's current Days Inventory is 54.49, which is 61% above median its own 10-year median of 33.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Hai Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin Hai Gas (TPE:9926) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$58.21, compared to a current price of NT$49.65 — trading 14.7% below its estimated fair value. The current Days Inventory is 54.49, which is 61% above median its 10-year median of 33.94 and 141.9% above the Utilities - Regulated industry median of 22.53. Shin Hai Gas' overall GF Score™ is 92/100 with 3 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 Hai Gas (TPE:9926), the current Days Inventory is 54.49 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 Hai Gas (TPE:9926) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Hai Gas stock appears to be undervalued. The current stock price of NT$49.65 is trading 14.7% below its estimated GF Value™ of NT$58.21. GuruFocus considers Shin Hai Gas to be Modestly Undervalued.

Key valuation signals for TPE:9926:

  • Days Inventory: 54.49 (61% above median its 10-year median of 33.94)
  • GF Value™: NT$58.21 vs. price of NT$49.65 (14.7% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 141.9% above the Utilities - Regulated median (#338 of 451)

No single metric tells the full story. See the TPE:9926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Hai Gas Business Description

Address Lixing Road, Section 1, No. 52, Sanchong District, New Taipei City, TWN, 241
Shin Hai Gas Corp is mainly engaged in natural gas supply service, natural gas transmission system construction, sale and installation of gas equipment, and operation and investment of type one telecommunications enterprise. The company's reportable segments include the Gas supply segment, Equipment segment, Telecommunication segment, and Others. The majority of its revenue is generated from the Gas supply segment, which derives income from the sales of natural gas.
92GF Score

Get the complete analysis for TPE:9926

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

NT$49.65
Price
NT$58.21
GF Value