Maanshan Iron And Steel Co (SHSE:600808) Inventory Turnover: 2.21 (As of Mar. 2026)

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SHSE:600808 Maanshan Iron And Steel Co Ltd SHSE:600808
62 GF Score
Price ¥2.47
GF Value ¥3.37
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Maanshan Iron And Steel Co Inventory Turnover?

Maanshan Iron And Steel Co SHSE:600808 -4.26% 62 Inventory Turnover is 2.21 as of Mar. 2026. GuruFocus rates SHSE:600808 with a GF Score™ of 62/100 and a GF Value™ of ¥3.37 (Modestly Undervalued). The stock has 3 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. Maanshan Iron And Steel Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥17,169 Mil. Maanshan Iron And Steel Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥7,751 Mil. Maanshan Iron And Steel Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maanshan Iron And Steel Co's Days Inventory for the three months ended in Mar. 2026 was 41.20.

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. Maanshan Iron And Steel Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.44.


Maanshan Iron And Steel Co  (SHSE:600808) 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.

Maanshan Iron And Steel 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
=7751.1385/17168.62*365 / 4
=41.20

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.

Maanshan Iron And Steel 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 )
=7751.1385 / 17718.338
=0.44

* 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.


Maanshan Iron And Steel Co Inventory Turnover Related Terms


Maanshan Iron And Steel Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Maanshan Iron And Steel 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.

Maanshan Iron And Steel Co Inventory Turnover Chart

Maanshan Iron And Steel 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 8.76 8.71 9.65 9.27 9.58

Maanshan Iron And Steel 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 2.57 2.49 2.50 2.50 2.21
SHSE:600808
62GF Score
Maanshan Iron And Steel Co Ltd SHSE:600808
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Maanshan Iron And Steel Co Inventory Turnover Calculation

Maanshan Iron And Steel 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 )
=73409.208 / ((7908.952 + 7410.383) / 2 )
=73409.208 / 7659.6675
=9.58

Maanshan Iron And Steel 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 )
=17168.62 / ((7410.383 + 8091.894) / 2 )
=17168.62 / 7751.1385
=2.21

* 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 2.21 mean?
Maanshan Iron And Steel Co (SHSE:600808) has a Inventory Turnover of 2.21 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Maanshan Iron And Steel Co and its competitors.
Is Maanshan Iron And Steel Co's Inventory Turnover too high?
Maanshan Iron And Steel Co's current Inventory Turnover is 2.21. Overall, Maanshan Iron And Steel Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maanshan Iron And Steel Co's Inventory Turnover compare to NUE and STLD?
Maanshan Iron And Steel Co's Inventory Turnover of 2.21 can be compared against companies in the Steel 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 Steel company?
A good Inventory Turnover depends on the Steel 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 Maanshan Iron And Steel Co and its competitors. Maanshan Iron And Steel Co's current Inventory Turnover is 2.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maanshan Iron And Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Maanshan Iron And Steel Co (SHSE:600808) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥3.37, compared to a current price of ¥2.47 — trading 26.7% below its estimated fair value. The current Inventory Turnover is 2.21. Maanshan Iron And Steel Co's overall GF Score™ is 62/100 with 3 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 Maanshan Iron And Steel Co (SHSE:600808), the current Inventory Turnover is 2.21 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 Maanshan Iron And Steel Co (SHSE:600808) Overvalued in 2026?

Based on GuruFocus' analysis, Maanshan Iron And Steel Co stock appears to be undervalued. The current stock price of ¥2.47 is trading 26.7% below its estimated GF Value™ of ¥3.37. GuruFocus considers Maanshan Iron And Steel Co to be Modestly Undervalued.

Key valuation signals for SHSE:600808:

  • Inventory Turnover: 2.21
  • GF Value™: ¥3.37 vs. price of ¥2.47 (26.7% below fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600808 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maanshan Iron And Steel Co Business Description

Address No. 8 Jiu Hua Xi Road, Anhui Province, Maanshan, CHN, 243003
Maanshan Iron And Steel Co Ltd produces and sells iron and steel products. Its main production processes include iron making, steel making, steel rolling, etc. The Group's key product is steel, which includes four product series of special steel, wheels and axles, long products, and plates. It offers casting round billet, special steel bar, train wheels, axles, wheelsets, section steel, wire rods, hot-rolled plate and cold-rolled plate coils, galvanized plates, color-coated plates, and other products, which are widely used in aviation, railway, ocean, automobile, household appliance, shipbuilding, construction, machinery manufacturing, and other fields. Geographically, the Group generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong and other overseas markets.
62GF Score

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

¥2.47
Price
¥3.37
GF Value