ZTO Express (Cayman) (MEX:ZTO N) Inventory Turnover: 255.14 (As of Mar. 2026)


MEX:ZTO N ZTO Express (Cayman) Inc MEX:ZTO N
99 GF Score
Price MXN426.00
GF Value MXN537.38
! 4 Warning Signs
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What is ZTO Express (Cayman) Inventory Turnover?

ZTO Express (Cayman) MEX:ZTO N 99 Inventory Turnover is 255.14 as of Mar. 2026. GuruFocus rates MEX:ZTO N with a GF Score™ of 99/100 and a GF Value™ of MXN537.38. The stock has 4 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. ZTO Express (Cayman)'s Cost of Goods Sold for the three months ended in Mar. 2026 was MXN26,288 Mil. ZTO Express (Cayman)'s Average Total Inventories for the quarter that ended in Mar. 2026 was MXN103 Mil. ZTO Express (Cayman)'s Inventory Turnover for the quarter that ended in Mar. 2026 was 255.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ZTO Express (Cayman)'s Days Inventory for the three months ended in Mar. 2026 was 0.36.

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. ZTO Express (Cayman)'s Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.

ZTO Express (Cayman)  (MEX:ZTO N) 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.

ZTO Express (Cayman)'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
=103.033/26287.65*365 / 4
=0.36

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.

ZTO Express (Cayman)'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 )
=103.033 / 34752.381
=0.00

* 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.

ZTO Express (Cayman) Inventory Turnover Related Terms

ZTO Express (Cayman) Inventory Turnover Historical Data

* Premium members only.

The historical data trend for ZTO Express (Cayman)'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.

ZTO Express (Cayman) Inventory Turnover Chart

ZTO Express (Cayman) 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 357.92 387.07 706.36 988.03 878.25

ZTO Express (Cayman) 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 219.69 206.37 183.63 242.67 255.14
MEX:ZTO N
99GF Score
ZTO Express (Cayman) Inc MEX:ZTO N
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ZTO Express (Cayman) Inventory Turnover Calculation

ZTO Express (Cayman)'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 )
=94147.545 / ((110.482 + 103.915) / 2 )
=94147.545 / 107.1985
=878.25

ZTO Express (Cayman)'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 )
=26287.65 / ((103.915 + 102.151) / 2 )
=26287.65 / 103.033
=255.14

* 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 255.14 mean?
ZTO Express (Cayman) (MEX:ZTO N) has a Inventory Turnover of 255.14 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on ZTO Express (Cayman) and its competitors.
Is ZTO Express (Cayman)'s Inventory Turnover too high?
ZTO Express (Cayman)'s current Inventory Turnover is 255.14. Overall, ZTO Express (Cayman) has a GF Score™ of 99/100, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s Inventory Turnover compare to EXPD and CHRW?
ZTO Express (Cayman)'s Inventory Turnover of 255.14 can be compared against companies in the Transportation 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 Transportation company?
A good Inventory Turnover depends on the Transportation 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 ZTO Express (Cayman) and its competitors. ZTO Express (Cayman)'s current Inventory Turnover is 255.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTO Express (Cayman) stock overvalued right now?
ZTO Express (Cayman) (MEX:ZTO N) has a current Inventory Turnover of 255.14. The stock's GF Value™ is MXN537.38, compared to a current price of MXN426.00 — trading 20.7% below its estimated fair value. The current Inventory Turnover is 255.14. ZTO Express (Cayman)'s overall GF Score™ is 99/100 with 4 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 ZTO Express (Cayman) (MEX:ZTO N), the current Inventory Turnover is 255.14 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 ZTO Express (Cayman) (MEX:ZTO N) Overvalued in 2026?

Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued. The current stock price of MXN426.00 is trading 20.7% below its estimated GF Value™ of MXN537.38.

Key valuation signals for MEX:ZTO N:

  • Inventory Turnover: 255.14
  • GF Value™: MXN537.38 vs. price of MXN426.00 (20.7% below fair value)
  • GF Score™: 99/100 with 4 warning signs

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

ZTO Express (Cayman) Business Description

Address No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
99GF Score

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

MXN426.00
Price
MXN537.38
GF Value