China Resources Microelectronics (SHSE:688396) Inventory Turnover: 0.92 (As of Mar. 2026)

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SHSE:688396 China Resources Microelectronics Ltd SHSE:688396
85 GF Score
Price ¥61.12
GF Value ¥56.56
Valuation Fairly Valued
! 5 Warning Signs
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What is China Resources Microelectronics Inventory Turnover?

China Resources Microelectronics SHSE:688396 -3.14% 85 Inventory Turnover is 0.92 as of Mar. 2026. GuruFocus rates SHSE:688396 with a GF Score™ of 85/100 and a GF Value™ of ¥56.56 (Fairly Valued). 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. China Resources Microelectronics's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥2,129 Mil. China Resources Microelectronics's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥2,311 Mil. China Resources Microelectronics's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. China Resources Microelectronics's Days Inventory for the three months ended in Mar. 2026 was 99.03.

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. China Resources Microelectronics's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.81.


China Resources Microelectronics  (SHSE:688396) 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.

China Resources Microelectronics'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
=2310.52/2129.049*365 / 4
=99.03

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.

China Resources Microelectronics'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 )
=2310.52 / 2857.208
=0.81

* 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.


China Resources Microelectronics Inventory Turnover Related Terms


China Resources Microelectronics Inventory Turnover Historical Data

* Premium members only.

The historical data trend for China Resources Microelectronics'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.

China Resources Microelectronics Inventory Turnover Chart

China Resources Microelectronics 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 4.25 3.72 3.49 3.63 3.72

China Resources Microelectronics 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 0.82 0.98 0.93 0.97 0.92
SHSE:688396
85GF Score
China Resources Microelectronics Ltd SHSE:688396
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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China Resources Microelectronics Inventory Turnover Calculation

China Resources Microelectronics'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 )
=8137.475 / ((2096.425 + 2279.408) / 2 )
=8137.475 / 2187.9165
=3.72

China Resources Microelectronics'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 )
=2129.049 / ((2279.408 + 2341.632) / 2 )
=2129.049 / 2310.52
=0.92

* 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 0.92 mean?
China Resources Microelectronics (SHSE:688396) has a Inventory Turnover of 0.92 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on China Resources Microelectronics and its competitors.
Is China Resources Microelectronics' Inventory Turnover too high?
China Resources Microelectronics' current Inventory Turnover is 0.92. Overall, China Resources Microelectronics has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Resources Microelectronics' Inventory Turnover compare to NVDA and AVGO?
China Resources Microelectronics' Inventory Turnover of 0.92 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Inventory Turnover depends on the Semiconductors 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 China Resources Microelectronics and its competitors. China Resources Microelectronics's current Inventory Turnover is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Resources Microelectronics stock overvalued right now?
Based on GuruFocus' analysis, China Resources Microelectronics (SHSE:688396) is currently considered Fairly Valued. The stock's GF Value™ is ¥56.56, compared to a current price of ¥61.12 — trading 8.1% above its estimated fair value. The current Inventory Turnover is 0.92. China Resources Microelectronics' overall GF Score™ is 85/100 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 China Resources Microelectronics (SHSE:688396), the current Inventory Turnover is 0.92 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 China Resources Microelectronics (SHSE:688396) Overvalued in 2026?

Based on GuruFocus' analysis, China Resources Microelectronics stock appears to be overvalued. The current stock price of ¥61.12 is trading 8.1% above its estimated GF Value™ of ¥56.56. GuruFocus considers China Resources Microelectronics to be Fairly Valued.

Key valuation signals for SHSE:688396:

  • Inventory Turnover: 0.92
  • GF Value™: ¥56.56 vs. price of ¥61.12 (8.1% above fair value)
  • GF Score™: 85/100 with 5 warning signs

No single metric tells the full story. See the SHSE:688396 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Resources Microelectronics Business Description

Address No. 14, Liangxi Road, No. 12, Lane 299, Wenshui Road, Jiangsu Province, Wuxi City, Zhihuiyuan, Shibei District, Jing'an District, Shanghai, CHN, 214061
China Resources Microelectronics Ltd is engaged in designing, producing, and selling power semiconductors, smart sensors and smart control products, as well as providing open wafer manufacturing, packaging and testing, and other manufacturing services.
85GF Score

Get the complete analysis for SHSE:688396

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

¥61.12
Price
¥56.56
GF Value