TBEA Co (SHSE:600089) Inventory Turnover: 0.89 (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.

SHSE:600089 TBEA Co Ltd SHSE:600089
77 GF Score
Price ¥19.30
GF Value ¥13.43
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is TBEA Co Inventory Turnover?

TBEA Co SHSE:600089 +0.84% 77 Inventory Turnover is 0.89 as of Mar. 2026. GuruFocus rates SHSE:600089 with a GF Score™ of 77/100 and a GF Value™ of ¥13.43 (Significantly Overvalued). 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. TBEA Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥19,678 Mil. TBEA Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥22,112 Mil. TBEA Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TBEA Co's Days Inventory for the three months ended in Mar. 2026 was 102.54.

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. TBEA Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.89.

TBEA Co  (SHSE:600089) 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.

TBEA Co'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
=22112.1775/19677.652*365 / 4
=102.54

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.

TBEA Co'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 )
=22112.1775 / 24961.285
=0.89

* 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.

TBEA Co Inventory Turnover Related Terms

TBEA Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for TBEA Co'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.

TBEA Co Inventory Turnover Chart

TBEA Co 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 6.25 4.95 4.99 5.23 4.20

TBEA Co 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 1.08 1.13 1.04 0.93 0.89
SHSE:600089
77GF Score
TBEA Co Ltd SHSE:600089
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TBEA Co Inventory Turnover Calculation

TBEA Co'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 )
=78945.644 / ((16220.39 + 21388.485) / 2 )
=78945.644 / 18804.4375
=4.20

TBEA Co'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 )
=19677.652 / ((21388.485 + 22835.87) / 2 )
=19677.652 / 22112.1775
=0.89

* 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 0.89 mean?
TBEA Co (SHSE:600089) has a Inventory Turnover of 0.89 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on TBEA Co and its competitors.
Is TBEA Co's Inventory Turnover too high?
TBEA Co's current Inventory Turnover is 0.89. Overall, TBEA Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TBEA Co's Inventory Turnover compare to VRT and BE?
TBEA Co's Inventory Turnover of 0.89 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 TBEA Co and its competitors. TBEA Co's current Inventory Turnover is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBEA Co stock overvalued right now?
Based on GuruFocus' analysis, TBEA Co (SHSE:600089) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.43, compared to a current price of ¥19.30 — trading 43.7% above its estimated fair value. The current Inventory Turnover is 0.89. TBEA Co's overall GF Score™ is 77/100 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 TBEA Co (SHSE:600089), the current Inventory Turnover is 0.89 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 TBEA Co (SHSE:600089) Overvalued in 2026?

Based on GuruFocus' analysis, TBEA Co stock appears to be overvalued. The current stock price of ¥19.30 is trading 43.7% above its estimated GF Value™ of ¥13.43. GuruFocus considers TBEA Co to be Significantly Overvalued.

Key valuation signals for SHSE:600089:

  • Inventory Turnover: 0.89
  • GF Value™: ¥13.43 vs. price of ¥19.30 (43.7% above fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TBEA Co Business Description

Address No. 189, Beijing South Road, Xinjiang, Changji, CHN, 831100
TBEA Co Ltd is a China-based company that offers energy business solutions to service providers. The company distributes electric power transmission and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions that range from surveying to design, construction, installation, and commissioning, as well as integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and other countries.
77GF Score

Get the complete analysis for SHSE:600089

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

¥19.30
Price
¥13.43
GF Value