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Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Noblelift Intelligent Equipment Co's Days Inventory for the
three
months ended in Mar. 2026 was 187.05.
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.
Noblelift Intelligent Equipment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.54.
Noblelift Intelligent Equipment Co (SHSE:603611) 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.
Noblelift Intelligent Equipment Co's Days Inventory for the
three
months ended in Mar. 2026 is calculated as:
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.
Noblelift Intelligent Equipment Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
Noblelift Intelligent Equipment Co Inventory Turnover Related Terms
Noblelift Intelligent Equipment Co Inventory Turnover Historical Data
* 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.
Noblelift Intelligent Equipment Co Inventory Turnover Chart
* 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.
Noblelift Intelligent Equipment Co (SHSE:603611) has a Inventory Turnover of 0.49 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Noblelift Intelligent Equipment Co and its competitors.
Is Noblelift Intelligent Equipment Co's Inventory Turnover too high?
Noblelift Intelligent Equipment Co's current Inventory Turnover is 0.49. Overall, Noblelift Intelligent Equipment Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noblelift Intelligent Equipment Co's Inventory Turnover compare to CAT and DE?
Noblelift Intelligent Equipment Co's Inventory Turnover of 0.49 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Inventory Turnover depends on the Farm & Heavy Construction Machinery 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 Noblelift Intelligent Equipment Co and its competitors. Noblelift Intelligent Equipment Co's current Inventory Turnover is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noblelift Intelligent Equipment Co stock overvalued right now?
Based on GuruFocus' analysis, Noblelift Intelligent Equipment Co (SHSE:603611) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥21.23, compared to a current price of ¥17.38 — trading 18.1% below its estimated fair value. The current Inventory Turnover is 0.49. Noblelift Intelligent Equipment Co's overall GF Score™ is 80/100 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 Noblelift Intelligent Equipment Co (SHSE:603611), the current Inventory Turnover is 0.49 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 Noblelift Intelligent Equipment Co (SHSE:603611) Overvalued in 2026?
Based on GuruFocus' analysis, Noblelift Intelligent Equipment Co stock appears to be undervalued.
The current stock price of ¥17.38 is trading 18.1% below its estimated GF Value™ of ¥21.23.
GuruFocus considers Noblelift Intelligent Equipment Co to be Modestly Undervalued.
Key valuation signals for SHSE:603611:
Inventory Turnover: 0.49
GF Value™: ¥21.23 vs. price of ¥17.38 (18.1% below fair value)
No single metric tells the full story. See the SHSE:603611 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Noblelift Intelligent Equipment Co Ltd manufacturers that joined the industrial equipment. It is mainly engaged in the research, production, and sales of light industrial trucks and electric storage vehicles. The company's products and services include Hand pallet trucks, Industrial products, Forklift, Reach truck, Electric Stacker, After sales services, and others. Its products are used in manufacturing, logistics, construction, military systems, the textile industry, chemical industry, metallurgy industry, energy industry, and many other industries.
80GF Score
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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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