Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Inventory Turnover: 0.40 (As of Mar. 2026)

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SHSE:603790 Argus (Shanghai) Textile Chemicals Co Ltd SHSE:603790
75 GF Score
Price ¥28.29
GF Value ¥16.83
Valuation Significantly Overvalued
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What is Argus (Shanghai) Textile Chemicals Co Inventory Turnover?

Argus (Shanghai) Textile Chemicals Co SHSE:603790 +9.99% 75 Inventory Turnover is 0.40 as of Mar. 2026. GuruFocus rates SHSE:603790 with a GF Score™ of 75/100 and a GF Value™ of ¥16.83 (Significantly Overvalued).

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. Argus (Shanghai) Textile Chemicals Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥181.9 Mil. Argus (Shanghai) Textile Chemicals Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥457.7 Mil. Argus (Shanghai) Textile Chemicals Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Argus (Shanghai) Textile Chemicals Co's Days Inventory for the three months ended in Mar. 2026 was 229.66.

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. Argus (Shanghai) Textile Chemicals Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.67.


Argus (Shanghai) Textile Chemicals Co  (SHSE:603790) 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.

Argus (Shanghai) Textile Chemicals 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
=457.7335/181.871*365 / 4
=229.66

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.

Argus (Shanghai) Textile Chemicals 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 )
=457.7335 / 274.745
=1.67

* 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.


Argus (Shanghai) Textile Chemicals Co Inventory Turnover Related Terms


Argus (Shanghai) Textile Chemicals Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Argus (Shanghai) Textile Chemicals 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.

Argus (Shanghai) Textile Chemicals Co Inventory Turnover Chart

Argus (Shanghai) Textile Chemicals 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 1.62 1.31 1.40 1.53 1.31

Argus (Shanghai) Textile Chemicals 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 0.39 0.34 0.29 0.28 0.40
SHSE:603790
75GF Score
Argus (Shanghai) Textile Chemicals Co Ltd SHSE:603790
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Argus (Shanghai) Textile Chemicals Co Inventory Turnover Calculation

Argus (Shanghai) Textile Chemicals 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 )
=549.751 / ((374.869 + 464.825) / 2 )
=549.751 / 419.847
=1.31

Argus (Shanghai) Textile Chemicals 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 )
=181.871 / ((464.825 + 450.642) / 2 )
=181.871 / 457.7335
=0.40

* 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 0.40 mean?
Argus (Shanghai) Textile Chemicals Co (SHSE:603790) has a Inventory Turnover of 0.40 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Argus (Shanghai) Textile Chemicals Co and its competitors.
Is Argus (Shanghai) Textile Chemicals Co's Inventory Turnover too high?
Argus (Shanghai) Textile Chemicals Co's current Inventory Turnover is 0.40. Overall, Argus (Shanghai) Textile Chemicals Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argus (Shanghai) Textile Chemicals Co's Inventory Turnover compare to LIN and SHW?
Argus (Shanghai) Textile Chemicals Co's Inventory Turnover of 0.40 can be compared against companies in the Chemicals 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 Chemicals company?
A good Inventory Turnover depends on the Chemicals 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 Argus (Shanghai) Textile Chemicals Co and its competitors. Argus (Shanghai) Textile Chemicals Co's current Inventory Turnover is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argus (Shanghai) Textile Chemicals Co stock overvalued right now?
Based on GuruFocus' analysis, Argus (Shanghai) Textile Chemicals Co (SHSE:603790) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥16.83, compared to a current price of ¥28.29 — trading 68.1% above its estimated fair value. The current Inventory Turnover is 0.40. Argus (Shanghai) Textile Chemicals Co's overall GF Score™ is 75/100. 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 Argus (Shanghai) Textile Chemicals Co (SHSE:603790), the current Inventory Turnover is 0.40 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 Argus (Shanghai) Textile Chemicals Co (SHSE:603790) Overvalued in 2026?

Based on GuruFocus' analysis, Argus (Shanghai) Textile Chemicals Co stock appears to be overvalued. The current stock price of ¥28.29 is trading 68.1% above its estimated GF Value™ of ¥16.83. GuruFocus considers Argus (Shanghai) Textile Chemicals Co to be Significantly Overvalued.

Key valuation signals for SHSE:603790:

  • Inventory Turnover: 0.40
  • GF Value™: ¥16.83 vs. price of ¥28.29 (68.1% above fair value)
  • GF Score™: 75/100

No single metric tells the full story. See the SHSE:603790 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Argus (Shanghai) Textile Chemicals Co Business Description

Address No. 388 Jinyuan Liu Road, Jiangqiao, Jiading, Room 275-278, Building 16, Shanghai, CHN, 201812
Argus (Shanghai) Textile Chemicals Co Ltd is a company that manufactures dyes. The company is specialized in the research and development, manufacturing and marketing of textile chemicals and providing technical support services for several specialties. It offers Dyes for cellulose, polyamide, wool, polyester, and silk. While its other products categories include Argasoft products and other auxiliary services related to dying.
75GF Score

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

¥28.29
Price
¥16.83
GF Value