Semiconductor Manufacturing International (SHSE:688981) Inventory Turnover: 0.52 (As of Mar. 2026)


SHSE:688981 Semiconductor Manufacturing International Corp SHSE:688981
72 GF Score
Price ¥158.82
GF Value ¥65.54
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Semiconductor Manufacturing International Inventory Turnover?

Semiconductor Manufacturing International SHSE:688981 +5.18% 72 Inventory Turnover is 0.52 as of Mar. 2026. GuruFocus rates SHSE:688981 with a GF Score™ of 72/100 and a GF Value™ of ¥65.54 (Significantly Overvalued). The stock has 9 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. Semiconductor Manufacturing International's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥13,797 Mil. Semiconductor Manufacturing International's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥26,295 Mil. Semiconductor Manufacturing International's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Semiconductor Manufacturing International's Days Inventory for the three months ended in Mar. 2026 was 173.90.

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. Semiconductor Manufacturing International's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.52.


Semiconductor Manufacturing International  (SHSE:688981) 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.

Semiconductor Manufacturing International'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
=26294.659/13797.185*365 / 4
=173.90

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.

Semiconductor Manufacturing International'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 )
=26294.659 / 17268.067
=1.52

* 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.


Semiconductor Manufacturing International Inventory Turnover Related Terms


Semiconductor Manufacturing International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Semiconductor Manufacturing International'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.

Semiconductor Manufacturing International Inventory Turnover Chart

Semiconductor Manufacturing International 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 3.74 3.01 2.22 2.33 2.20

Semiconductor Manufacturing International 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 0.58 0.57 0.56 0.56 0.52
SHSE:688981
72GF Score
Semiconductor Manufacturing International Corp SHSE:688981
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Semiconductor Manufacturing International Inventory Turnover Calculation

Semiconductor Manufacturing International'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 )
=51909.793 / ((21538.859 + 25565.421) / 2 )
=51909.793 / 23552.14
=2.20

Semiconductor Manufacturing International'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 )
=13797.185 / ((25565.421 + 27023.897) / 2 )
=13797.185 / 26294.659
=0.52

* 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 0.52 mean?
Semiconductor Manufacturing International (SHSE:688981) has a Inventory Turnover of 0.52 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Semiconductor Manufacturing International and its competitors.
Is Semiconductor Manufacturing International's Inventory Turnover too high?
Semiconductor Manufacturing International's current Inventory Turnover is 0.52. Overall, Semiconductor Manufacturing International has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semiconductor Manufacturing International's Inventory Turnover compare to NVDA and AVGO?
Semiconductor Manufacturing International's Inventory Turnover of 0.52 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 Semiconductor Manufacturing International and its competitors. Semiconductor Manufacturing International's current Inventory Turnover is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semiconductor Manufacturing International stock overvalued right now?
Based on GuruFocus' analysis, Semiconductor Manufacturing International (SHSE:688981) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥65.54, compared to a current price of ¥158.82 — trading 142.3% above its estimated fair value. The current Inventory Turnover is 0.52. Semiconductor Manufacturing International's overall GF Score™ is 72/100 with 9 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 Semiconductor Manufacturing International (SHSE:688981), the current Inventory Turnover is 0.52 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 Semiconductor Manufacturing International (SHSE:688981) Overvalued in 2026?

Based on GuruFocus' analysis, Semiconductor Manufacturing International stock appears to be overvalued. The current stock price of ¥158.82 is trading 142.3% above its estimated GF Value™ of ¥65.54. GuruFocus considers Semiconductor Manufacturing International to be Significantly Overvalued.

Key valuation signals for SHSE:688981:

  • Inventory Turnover: 0.52
  • GF Value™: ¥65.54 vs. price of ¥158.82 (142.3% above fair value)
  • GF Score™: 72/100 with 9 warning signs

No single metric tells the full story. See the SHSE:688981 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Semiconductor Manufacturing International Business Description

Address No. 18 Zhangjiang Road, Pudong New Area, Shanghai, CHN, 201203
Founded in 2000, Semiconductor Manufacturing International Corporation is the largest foundry in China and the third-largest globally after TSMC and Samsung Electronics, overtaking GlobalFoundries and United Microelectronics in 2024. The company's headquarters and foundry are in Shanghai, with additional foundries in Beijing, Tianjin, and Shenzhen, and offices in the United States, Europe, Japan, Taiwan, and Hong Kong. Its products are used in artificial intelligence, data centers, automotive, consumer electronics, memory, and "Internet of Things" products. SMIC employs 19,952 people as of Dec. 31, 2025.
72GF Score

Get the complete analysis for SHSE:688981

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

¥158.82
Price
¥65.54
GF Value