China Telecom (FRA:ZCH) Inventory Turnover: 11.14 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:ZCH China Telecom Corp Ltd FRA:ZCH
83 GF Score
Price €0.53
GF Value €0.57
! 7 Warning Signs
View Full Analysis

What is China Telecom Inventory Turnover?

China Telecom FRA:ZCH 83 Inventory Turnover is 11.14 as of Mar. 2026. GuruFocus rates FRA:ZCH with a GF Score™ of 83/100 and a GF Value™ of €0.57. The stock has 7 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. China Telecom's Cost of Goods Sold for the three months ended in Mar. 2026 was €4,935 Mil. China Telecom's Average Total Inventories for the quarter that ended in Mar. 2026 was €443 Mil. China Telecom's Inventory Turnover for the quarter that ended in Mar. 2026 was 11.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Telecom's Days Inventory for the three months ended in Mar. 2026 was 8.19.

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. China Telecom's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.03.

China Telecom  (FRA:ZCH) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

China Telecom's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=443.143/4934.645*365 / 4
=8.19

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.

China Telecom's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=443.143 / 16562.652
=0.03

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

China Telecom Inventory Turnover Related Terms

China Telecom Inventory Turnover Historical Data

* Premium members only.

The historical data trend for China Telecom's Inventory Turnover 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.

China Telecom Inventory Turnover Chart

China Telecom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.73 53.83 60.43 66.92 62.03

China Telecom Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 11.15 17.51 2.19 27.25 11.14
FRA:ZCH
83GF Score
China Telecom Corp Ltd FRA:ZCH
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Telecom Inventory Turnover Calculation

China Telecom's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=26193.278 / ((428.528 + 416.015) / 2 )
=26193.278 / 422.2715
=62.03

China Telecom's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=4934.645 / ((416.015 + 470.271) / 2 )
=4934.645 / 443.143
=11.14

* 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 Inventory Turnover →
What does a Inventory Turnover of 11.14 mean?
China Telecom (FRA:ZCH) has a Inventory Turnover of 11.14 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on China Telecom and its competitors.
Is China Telecom's Inventory Turnover too high?
China Telecom's current Inventory Turnover is 11.14. Overall, China Telecom has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does China Telecom's Inventory Turnover compare to TMUS and VZ?
China Telecom's Inventory Turnover of 11.14 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Telecommunication Services company?
A good Inventory Turnover depends on the Telecommunication Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on China Telecom and its competitors. China Telecom's current Inventory Turnover is 11.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Telecom stock overvalued right now?
China Telecom (FRA:ZCH) has a current Inventory Turnover of 11.14. The stock's GF Value™ is €0.57, compared to a current price of €0.53 — trading 7% below its estimated fair value. The current Inventory Turnover is 11.14. China Telecom's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For China Telecom (FRA:ZCH), the current Inventory Turnover is 11.14 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 China Telecom (FRA:ZCH) Overvalued in 2026?

Based on GuruFocus' analysis, China Telecom stock appears to be undervalued. The current stock price of €0.53 is trading 7% below its estimated GF Value™ of €0.57.

Key valuation signals for FRA:ZCH:

  • Inventory Turnover: 11.14
  • GF Value™: €0.57 vs. price of €0.53 (7% below fair value)
  • GF Score™: 83/100 with 7 warning signs

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

China Telecom Business Description

Other Exchanges 00728:Hong Kong601728:China
Address 31 Jinrong Street, Xicheng District, Beijing, CHN, 100033
China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces but now operating nationally. It has 201 million broadband customers, and 439 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China and it is expanding overseas.
83GF Score

Get the complete analysis for FRA:ZCH

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

€0.53
Price
€0.57
GF Value