Shanghai Rongtai Health Technology (SHSE:603579) Inventory Turnover: 1.63 (As of Mar. 2026)

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SHSE:603579 Shanghai Rongtai Health Technology Corp Ltd SHSE:603579
71 GF Score
Price ¥18.35
GF Value ¥14.71
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Shanghai Rongtai Health Technology Inventory Turnover?

Shanghai Rongtai Health Technology SHSE:603579 +1.61% 71 Inventory Turnover is 1.63 as of Mar. 2026. GuruFocus rates SHSE:603579 with a GF Score™ of 71/100 and a GF Value™ of ¥14.71 (Modestly Overvalued). 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. Shanghai Rongtai Health Technology's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥305 Mil. Shanghai Rongtai Health Technology's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥187 Mil. Shanghai Rongtai Health Technology's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shanghai Rongtai Health Technology's Days Inventory for the three months ended in Mar. 2026 was 55.83.

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 Rongtai Health Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.42.


Shanghai Rongtai Health Technology  (SHSE:603579) 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 Rongtai Health Technology'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
=186.856/305.388*365 / 4
=55.83

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 Rongtai Health Technology'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 )
=186.856 / 442.197
=0.42

* 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 Rongtai Health Technology Inventory Turnover Related Terms


Shanghai Rongtai Health Technology Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Shanghai Rongtai Health Technology'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 Rongtai Health Technology Inventory Turnover Chart

Shanghai Rongtai Health Technology 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 7.25 6.08 7.36 7.36 7.12

Shanghai Rongtai Health Technology 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 1.81 2.00 1.63 2.05 1.63
SHSE:603579
71GF Score
Shanghai Rongtai Health Technology Corp Ltd SHSE:603579
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanghai Rongtai Health Technology Inventory Turnover Calculation

Shanghai Rongtai Health Technology'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 )
=1089.589 / ((151.81 + 154.406) / 2 )
=1089.589 / 153.108
=7.12

Shanghai Rongtai Health Technology'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 )
=305.388 / ((154.406 + 219.306) / 2 )
=305.388 / 186.856
=1.63

* 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 1.63 mean?
Shanghai Rongtai Health Technology (SHSE:603579) has a Inventory Turnover of 1.63 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 Rongtai Health Technology and its competitors.
Is Shanghai Rongtai Health Technology's Inventory Turnover too high?
Shanghai Rongtai Health Technology's current Inventory Turnover is 1.63. Overall, Shanghai Rongtai Health Technology has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Rongtai Health Technology's Inventory Turnover compare to AS and HAS?
Shanghai Rongtai Health Technology's Inventory Turnover of 1.63 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Inventory Turnover depends on the Travel & Leisure 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 Rongtai Health Technology and its competitors. Shanghai Rongtai Health Technology's current Inventory Turnover is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Rongtai Health Technology stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Rongtai Health Technology (SHSE:603579) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥14.71, compared to a current price of ¥18.35 — trading 24.7% above its estimated fair value. The current Inventory Turnover is 1.63. Shanghai Rongtai Health Technology's overall GF Score™ is 71/100 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 Shanghai Rongtai Health Technology (SHSE:603579), the current Inventory Turnover is 1.63 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 Rongtai Health Technology (SHSE:603579) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Rongtai Health Technology stock appears to be overvalued. The current stock price of ¥18.35 is trading 24.7% above its estimated GF Value™ of ¥14.71. GuruFocus considers Shanghai Rongtai Health Technology to be Modestly Overvalued.

Key valuation signals for SHSE:603579:

  • Inventory Turnover: 1.63
  • GF Value™: ¥14.71 vs. price of ¥18.35 (24.7% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the SHSE:603579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Rongtai Health Technology Business Description

Address No. 1226 ZhuFeng Road, Qingpu District, Shanghai, CHN, 201702
Shanghai Rongtai Health Technology Corp Ltd is a China based company engaged in development, manufacturing and marketing of massage equipment. It also offers technology health solutions. The company's products include eye massager, massage chair series, mini massage chair, partial massage series products, massage stick, and waist massager.
71GF Score

Get the complete analysis for SHSE:603579

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

¥18.35
Price
¥14.71
GF Value