Cathay Biotech (SHSE:688065) Inventory Turnover: 0.39 (As of Mar. 2026)

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SHSE:688065 Cathay Biotech Inc SHSE:688065
93 GF Score
Price ¥44.50
GF Value ¥50.18
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Cathay Biotech Inventory Turnover?

Cathay Biotech SHSE:688065 +0.34% 93 Inventory Turnover is 0.39 as of Mar. 2026. GuruFocus rates SHSE:688065 with a GF Score™ of 93/100 and a GF Value™ of ¥50.18 (Modestly Undervalued). 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. Cathay Biotech's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥559 Mil. Cathay Biotech's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥1,421 Mil. Cathay Biotech's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cathay Biotech's Days Inventory for the three months ended in Mar. 2026 was 231.75.

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. Cathay Biotech's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.62.


Cathay Biotech  (SHSE:688065) 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.

Cathay Biotech'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
=1420.5745/559.349*365 / 4
=231.75

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.

Cathay Biotech'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 )
=1420.5745 / 874.53
=1.62

* 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.


Cathay Biotech Inventory Turnover Related Terms


Cathay Biotech Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Cathay Biotech'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.

Cathay Biotech Inventory Turnover Chart

Cathay Biotech 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 1.55 1.15 0.99 1.54 1.65

Cathay Biotech 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 0.44 0.51 0.45 0.37 0.39
SHSE:688065
93GF Score
Cathay Biotech Inc SHSE:688065
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cathay Biotech Inventory Turnover Calculation

Cathay Biotech'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 )
=2167.646 / ((1180.528 + 1440.116) / 2 )
=2167.646 / 1310.322
=1.65

Cathay Biotech'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 )
=559.349 / ((1440.116 + 1401.033) / 2 )
=559.349 / 1420.5745
=0.39

* 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 0.39 mean?
Cathay Biotech (SHSE:688065) has a Inventory Turnover of 0.39 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cathay Biotech and its competitors.
Is Cathay Biotech's Inventory Turnover too high?
Cathay Biotech's current Inventory Turnover is 0.39. Overall, Cathay Biotech has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cathay Biotech's Inventory Turnover compare to DOW?
Cathay Biotech's Inventory Turnover of 0.39 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 Cathay Biotech and its competitors. Cathay Biotech's current Inventory Turnover is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cathay Biotech stock overvalued right now?
Based on GuruFocus' analysis, Cathay Biotech (SHSE:688065) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥50.18, compared to a current price of ¥44.50 — trading 11.3% below its estimated fair value. The current Inventory Turnover is 0.39. Cathay Biotech's overall GF Score™ is 93/100 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 Cathay Biotech (SHSE:688065), the current Inventory Turnover is 0.39 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 Cathay Biotech (SHSE:688065) Overvalued in 2026?

Based on GuruFocus' analysis, Cathay Biotech stock appears to be undervalued. The current stock price of ¥44.50 is trading 11.3% below its estimated GF Value™ of ¥50.18. GuruFocus considers Cathay Biotech to be Modestly Undervalued.

Key valuation signals for SHSE:688065:

  • Inventory Turnover: 0.39
  • GF Value™: ¥50.18 vs. price of ¥44.50 (11.3% below fair value)
  • GF Score™: 93/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688065 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cathay Biotech Business Description

Address Oasis Ring Road, Building 11, Lane 396, Minhang District, Shanghai, CHN, 201114
Cathay Biotech Inc is engaged in research, development, production, and sales of new bio-based materials. The company owns the TERRYL brand, which focuses on bio-based polyamide fibers for textiles, and ECOPENT, which serves the engineering materials market.
93GF Score

Get the complete analysis for SHSE:688065

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

¥44.50
Price
¥50.18
GF Value