Hesai Group (FRA:ZN8) Inventory Turnover: 0.61 (As of Mar. 2026)

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FRA:ZN8 Hesai Group FRA:ZN8
61 GF Score
Price €1.76
GF Value €2.55
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Hesai Group Inventory Turnover?

Hesai Group FRA:ZN8 61 Inventory Turnover is 0.61 as of Mar. 2026. GuruFocus rates FRA:ZN8 with a GF Score™ of 61/100 and a GF Value™ of €2.55 (Significantly Undervalued). The stock has 5 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. Hesai Group's Cost of Goods Sold for the three months ended in Mar. 2026 was €52.0 Mil. Hesai Group's Average Total Inventories for the quarter that ended in Mar. 2026 was €85.9 Mil. Hesai Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hesai Group's Days Inventory for the three months ended in Mar. 2026 was 150.73.

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. Hesai Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.01.


Hesai Group  (FRA:ZN8) 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.

Hesai Group'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
=85.9385/52.027*365 / 4
=150.73

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.

Hesai Group'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 )
=85.9385 / 85.414
=1.01

* 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.


Hesai Group Inventory Turnover Related Terms


Hesai Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hesai Group'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.

Hesai Group Inventory Turnover Chart

Hesai Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 1.32 1.41 2.06 2.46 2.96

Hesai Group Quarterly Data
Dec19 Dec20 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 0.62 0.73 0.74 0.90 0.61
FRA:ZN8
61GF Score
Hesai Group FRA:ZN8
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hesai Group Inventory Turnover Calculation

Hesai Group'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 )
=213.703 / ((63.241 + 81.294) / 2 )
=213.703 / 72.2675
=2.96

Hesai Group'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 )
=52.027 / ((81.294 + 90.583) / 2 )
=52.027 / 85.9385
=0.61

* 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 0.61 mean?
Hesai Group (FRA:ZN8) has a Inventory Turnover of 0.61 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hesai Group and its competitors.
Is Hesai Group's Inventory Turnover too high?
Hesai Group's current Inventory Turnover is 0.61. Overall, Hesai Group has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hesai Group's Inventory Turnover compare to GT and VC?
Hesai Group's Inventory Turnover of 0.61 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts 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 Hesai Group and its competitors. Hesai Group's current Inventory Turnover is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hesai Group stock overvalued right now?
Based on GuruFocus' analysis, Hesai Group (FRA:ZN8) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.55, compared to a current price of €1.76 — trading 30.9% below its estimated fair value. The current Inventory Turnover is 0.61. Hesai Group's overall GF Score™ is 61/100 with 5 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 Hesai Group (FRA:ZN8), the current Inventory Turnover is 0.61 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 Hesai Group (FRA:ZN8) Overvalued in 2026?

Based on GuruFocus' analysis, Hesai Group stock appears to be undervalued. The current stock price of €1.76 is trading 30.9% below its estimated GF Value™ of €2.55. GuruFocus considers Hesai Group to be Significantly Undervalued.

Key valuation signals for FRA:ZN8:

  • Inventory Turnover: 0.61
  • GF Value™: €2.55 vs. price of €1.76 (30.9% below fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the FRA:ZN8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hesai Group Business Description

Address No. 658 Zhaohua Road, 10th Floor, Building A, Changning District, Shanghai, CHN, 200050
Hesai Group is engaged in the development, manufacture, and sales of three-dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with enhanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. Geographically, the company operates in North America, Mainland China, Europe, and Other regions.
61GF Score

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

€1.76
Price
€2.55
GF Value