Shanghai Prosolar Resources Development Co (SHSE:600193) Inventory Turnover: 14.73 (As of Mar. 2026)

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SHSE:600193 Shanghai Prosolar Resources Development Co Ltd SHSE:600193
23 GF Score
Price ¥0.16
GF Value ¥20.22
Valuation Possible Value Trap
! 9 Warning Signs
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What is Shanghai Prosolar Resources Development Co Inventory Turnover?

Shanghai Prosolar Resources Development Co SHSE:600193 23 Inventory Turnover is 14.73 as of Mar. 2026. GuruFocus rates SHSE:600193 with a GF Score™ of 23/100 and a GF Value™ of ¥20.22 (Possible Value Trap). The stock has 9 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. Shanghai Prosolar Resources Development Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥114.1 Mil. Shanghai Prosolar Resources Development Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥7.7 Mil. Shanghai Prosolar Resources Development Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 14.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Prosolar Resources Development Co's Days Inventory for the three months ended in Mar. 2026 was 6.19.

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. Shanghai Prosolar Resources Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.06.


Shanghai Prosolar Resources Development Co  (SHSE:600193) 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.

Shanghai Prosolar Resources Development 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
=7.743/114.091*365 / 4
=6.19

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.

Shanghai Prosolar Resources Development 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 )
=7.743 / 121.44
=0.06

* 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.


Shanghai Prosolar Resources Development Co Inventory Turnover Related Terms


Shanghai Prosolar Resources Development Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shanghai Prosolar Resources Development 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.

Shanghai Prosolar Resources Development Co Inventory Turnover Chart

Shanghai Prosolar Resources Development 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 9,734.16 6,425.92 1,614.36 0.00 32.39

Shanghai Prosolar Resources Development 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 0.00 0.00 12.49 53.64 14.73
SHSE:600193
23GF Score
Shanghai Prosolar Resources Development Co Ltd SHSE:600193
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Prosolar Resources Development Co Inventory Turnover Calculation

Shanghai Prosolar Resources Development 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 )
=303.704 / ((0 + 9.377) / 1 )
=303.704 / 9.377
=32.39

Shanghai Prosolar Resources Development 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 )
=114.091 / ((9.377 + 6.109) / 2 )
=114.091 / 7.743
=14.73

* 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 14.73 mean?
Shanghai Prosolar Resources Development Co (SHSE:600193) has a Inventory Turnover of 14.73 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Shanghai Prosolar Resources Development Co and its competitors.
Is Shanghai Prosolar Resources Development Co's Inventory Turnover too high?
Shanghai Prosolar Resources Development Co's current Inventory Turnover is 14.73. Overall, Shanghai Prosolar Resources Development Co has a GF Score™ of 23/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shanghai Prosolar Resources Development Co's Inventory Turnover compare to PWR and FIX?
Shanghai Prosolar Resources Development Co's Inventory Turnover of 14.73 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Shanghai Prosolar Resources Development Co and its competitors. Shanghai Prosolar Resources Development Co's current Inventory Turnover is 14.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Prosolar Resources Development Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Prosolar Resources Development Co (SHSE:600193) is currently considered Possible Value Trap. The stock's GF Value™ is ¥20.22, compared to a current price of ¥0.16 — trading 99.2% below its estimated fair value. The current Inventory Turnover is 14.73. Shanghai Prosolar Resources Development Co's overall GF Score™ is 23/100 with 9 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 Shanghai Prosolar Resources Development Co (SHSE:600193), the current Inventory Turnover is 14.73 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 Shanghai Prosolar Resources Development Co (SHSE:600193) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Prosolar Resources Development Co stock appears to be undervalued. The current stock price of ¥0.16 is trading 99.2% below its estimated GF Value™ of ¥20.22. GuruFocus considers Shanghai Prosolar Resources Development Co to be Possible Value Trap.

Key valuation signals for SHSE:600193:

  • Inventory Turnover: 14.73
  • GF Value™: ¥20.22 vs. price of ¥0.16 (99.2% below fair value)
  • GF Score™: 23/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Prosolar Resources Development Co Business Description

Address 3rd Floor, No. 1388 Kangqiao Road, Pudong New District, Shanghai, CHN, 201315
Shanghai Prosolar Resources Development Co Ltd is engaged in general contracting for construction of theme park venues, high-end hotels and residences, general contracting for interior decoration, BIM modeling consulting services and product sales for engineering projects.
23GF Score

Get the complete analysis for SHSE:600193

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

¥0.16
Price
¥20.22
GF Value