WG Tech (JiangXi) Group Co (SHSE:603773) Inventory Turnover: 3.83 (As of Mar. 2026)

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SHSE:603773 WG Tech (JiangXi) Group Co Ltd SHSE:603773
52 GF Score
Price ¥94.99
GF Value ¥39.65
Valuation Significantly Overvalued
! 5 Warning Signs
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What is WG Tech (JiangXi) Group Co Inventory Turnover?

WG Tech (JiangXi) Group Co SHSE:603773 +1.27% 52 Inventory Turnover is 3.83 as of Mar. 2026. GuruFocus rates SHSE:603773 with a GF Score™ of 52/100 and a GF Value™ of ¥39.65 (Significantly Overvalued). The stock has 5 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. WG Tech (JiangXi) Group Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥495 Mil. WG Tech (JiangXi) Group Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥129 Mil. WG Tech (JiangXi) Group Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.83.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. WG Tech (JiangXi) Group Co's Days Inventory for the three months ended in Mar. 2026 was 23.83.

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. WG Tech (JiangXi) Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.22.


WG Tech (JiangXi) Group Co  (SHSE:603773) 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.

WG Tech (JiangXi) Group 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
=129.17/494.618*365 / 4
=23.83

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.

WG Tech (JiangXi) Group 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 )
=129.17 / 594.049
=0.22

* 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.


WG Tech (JiangXi) Group Co Inventory Turnover Related Terms


WG Tech (JiangXi) Group Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for WG Tech (JiangXi) Group 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.

WG Tech (JiangXi) Group Co Inventory Turnover Chart

WG Tech (JiangXi) Group 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 10.35 8.46 11.11 14.02 16.80

WG Tech (JiangXi) Group 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 3.43 3.53 3.77 4.03 3.83
SHSE:603773
52GF Score
WG Tech (JiangXi) Group Co Ltd SHSE:603773
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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WG Tech (JiangXi) Group Co Inventory Turnover Calculation

WG Tech (JiangXi) Group 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 )
=2118.767 / ((122.873 + 129.313) / 2 )
=2118.767 / 126.093
=16.80

WG Tech (JiangXi) Group 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 )
=494.618 / ((129.313 + 129.027) / 2 )
=494.618 / 129.17
=3.83

* 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 3.83 mean?
WG Tech (JiangXi) Group Co (SHSE:603773) has a Inventory Turnover of 3.83 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on WG Tech (JiangXi) Group Co and its competitors.
Is WG Tech (JiangXi) Group Co's Inventory Turnover too high?
WG Tech (JiangXi) Group Co's current Inventory Turnover is 3.83. Overall, WG Tech (JiangXi) Group Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WG Tech (JiangXi) Group Co's Inventory Turnover compare to APH and GLW?
WG Tech (JiangXi) Group Co's Inventory Turnover of 3.83 can be compared against companies in the Hardware 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 Hardware company?
A good Inventory Turnover depends on the Hardware 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 WG Tech (JiangXi) Group Co and its competitors. WG Tech (JiangXi) Group Co's current Inventory Turnover is 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WG Tech (JiangXi) Group Co stock overvalued right now?
Based on GuruFocus' analysis, WG Tech (JiangXi) Group Co (SHSE:603773) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥39.65, compared to a current price of ¥94.99 — trading 139.6% above its estimated fair value. The current Inventory Turnover is 3.83. WG Tech (JiangXi) Group Co's overall GF Score™ is 52/100 with 5 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 WG Tech (JiangXi) Group Co (SHSE:603773), the current Inventory Turnover is 3.83 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 WG Tech (JiangXi) Group Co (SHSE:603773) Overvalued in 2026?

Based on GuruFocus' analysis, WG Tech (JiangXi) Group Co stock appears to be overvalued. The current stock price of ¥94.99 is trading 139.6% above its estimated GF Value™ of ¥39.65. GuruFocus considers WG Tech (JiangXi) Group Co to be Significantly Overvalued.

Key valuation signals for SHSE:603773:

  • Inventory Turnover: 3.83
  • GF Value™: ¥39.65 vs. price of ¥94.99 (139.6% above fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the SHSE:603773 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WG Tech (JiangXi) Group Co Business Description

Address National High-Tech Economic Development Zone, Industrial Park West Avenue Vogt, Jiangxi, Xinyu, CHN, 338004
WG Tech (JiangXi) Group Co Ltd is engaged in display device manufacturing, film video recording, and playback equipment manufacturing, wearable smart device manufacturing, display device sales, electronic component manufacturing, power electronic components sales, optoelectronic device manufacturing, optoelectronic device sales, optical glass manufacturing, optical glass, sales, R&D of electronic special materials, manufacturing of electronic special materials, sales of electronic special materials, non-metallic waste, and others.
52GF Score

Get the complete analysis for SHSE:603773

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

¥94.99
Price
¥39.65
GF Value