Well Lead Medical Co (SHSE:603309) Inventory Turnover: 1.27 (As of Jun. 2026)

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SHSE:603309 Well Lead Medical Co Ltd SHSE:603309
84 GF Score
Price ¥11.39
GF Value ¥14.53
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Well Lead Medical Co Inventory Turnover?

Well Lead Medical Co SHSE:603309 -0.18% 84 Inventory Turnover is 1.27 as of Jun. 2026. GuruFocus rates SHSE:603309 with a GF Score™ of 84/100 and a GF Value™ of ¥14.53 (Modestly Undervalued). 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. Well Lead Medical Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥244 Mil. Well Lead Medical Co's Average Total Inventories for the quarter that ended in Jun. 2026 was ¥193 Mil. Well Lead Medical Co's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Well Lead Medical Co's Days Inventory for the three months ended in Jun. 2026 was 72.10.

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. Well Lead Medical Co's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.47.


Well Lead Medical Co  (SHSE:603309) 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.

Well Lead Medical Co's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=193.128/244.44*365 / 4
=72.10

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.

Well Lead Medical Co's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=193.128 / 411.869
=0.47

* 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.


Well Lead Medical Co Inventory Turnover Related Terms


Well Lead Medical Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Well Lead Medical 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.

Well Lead Medical Co Inventory Turnover Chart

Well Lead Medical 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 4.27 4.67 4.91 5.37 5.04

Well Lead Medical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.17 1.29 1.23 1.02 1.27
SHSE:603309
84GF Score
Well Lead Medical Co Ltd SHSE:603309
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Well Lead Medical Co Inventory Turnover Calculation

Well Lead Medical 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 )
=901.436 / ((168.613 + 189.054) / 2 )
=901.436 / 178.8335
=5.04

Well Lead Medical Co's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=244.44 / ((186.839 + 199.417) / 2 )
=244.44 / 193.128
=1.27

* 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 1.27 mean?
Well Lead Medical Co (SHSE:603309) has a Inventory Turnover of 1.27 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Well Lead Medical Co and its competitors.
Is Well Lead Medical Co's Inventory Turnover too high?
Well Lead Medical Co's current Inventory Turnover is 1.27. Overall, Well Lead Medical Co has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Well Lead Medical Co's Inventory Turnover compare to ISRG and BDX?
Well Lead Medical Co's Inventory Turnover of 1.27 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Inventory Turnover depends on the Medical Devices & Instruments 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 Well Lead Medical Co and its competitors. Well Lead Medical Co's current Inventory Turnover is 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Well Lead Medical Co stock overvalued right now?
Based on GuruFocus' analysis, Well Lead Medical Co (SHSE:603309) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥14.53, compared to a current price of ¥11.39 — trading 21.6% below its estimated fair value. The current Inventory Turnover is 1.27. Well Lead Medical Co's overall GF Score™ is 84/100 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 Well Lead Medical Co (SHSE:603309), the current Inventory Turnover is 1.27 as of Jun. 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 Well Lead Medical Co (SHSE:603309) Overvalued in 2026?

Based on GuruFocus' analysis, Well Lead Medical Co stock appears to be undervalued. The current stock price of ¥11.39 is trading 21.6% below its estimated GF Value™ of ¥14.53. GuruFocus considers Well Lead Medical Co to be Modestly Undervalued.

Key valuation signals for SHSE:603309:

  • Inventory Turnover: 1.27
  • GF Value™: ¥14.53 vs. price of ¥11.39 (21.6% below fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Well Lead Medical Co Business Description

Address No. 45-47, South of Guomao Avenue, No. 4, Area C, Jinhu Industrial City, Hualong Town, Panyu District, Guangdong Province, Guangzhou City, CHN, 511434
Well Lead Medical Co Ltd is engaged in research, production, and sales of medical catheters in anaesthesia, urology, respiratory and hemodialysis region. Its products include Endotracheal Tube, Standar Endotracheal Tube, and Suction Endotracheal Tube. The company products are used in surgery, treatment, first aid, and nursing. The company exports its products to North America, Europe, and Japan.
84GF Score

Get the complete analysis for SHSE:603309

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

¥11.39
Price
¥14.53
GF Value