ZTO Express (Cayman) (MEX:ZTO N) Total Inventories: MXN102 Mil (As of Mar. 2026)


MEX:ZTO N ZTO Express (Cayman) Inc MEX:ZTO N
84 GF Score
Price MXN426.00
GF Value MXN548.91
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What is ZTO Express (Cayman) Total Inventories?

ZTO Express (Cayman) MEX:ZTO N 84 Total Inventories is MXN102 Mil as of Mar. 2026. GuruFocus rates MEX:ZTO N with a GF Score™ of 84/100 and a GF Value™ of MXN548.91.

ZTO Express (Cayman)'s total inventories for the quarter that ended in Mar. 2026 was MXN102 Mil. ZTO Express (Cayman)'s average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was MXN103 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ZTO Express (Cayman)'s Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was MXN-12.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ZTO Express (Cayman)'s Days Inventory for the three months ended in Mar. 2026 was 0.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. ZTO Express (Cayman)'s Inventory Turnover for the quarter that ended in Mar. 2026 was 255.14.

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. ZTO Express (Cayman)'s Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.


ZTO Express (Cayman)  (MEX:ZTO N) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

ZTO Express (Cayman)'s Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(79765.301+0.75 * 4702.474+0.5 * 102.151-91316.867
-0-1984.95)/766.482
=-12.99

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

ZTO Express (Cayman)'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
=103.033/26287.65*365 / 4
=0.36

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

ZTO Express (Cayman)'s Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=26287.65 / 103.033
=255.14

4. 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.

ZTO Express (Cayman)'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 )
=103.033 / 34752.381
=0.00

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


ZTO Express (Cayman) Total Inventories Related Terms


ZTO Express (Cayman) Total Inventories Historical Data

* Premium members only.

The historical data trend for ZTO Express (Cayman)'s Total Inventories 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.

ZTO Express (Cayman) Total Inventories Chart

ZTO Express (Cayman) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 267.20 113.36 66.74 110.48 103.92

ZTO Express (Cayman) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 100.24 125.61 124.25 103.92 102.15
MEX:ZTO N
84GF Score
ZTO Express (Cayman) Inc MEX:ZTO N
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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ZTO Express (Cayman) Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of MXN102 Mil mean?
ZTO Express (Cayman) (MEX:ZTO N) has a Total Inventories of MXN102 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for ZTO Express (Cayman) and its competitors.
Is ZTO Express (Cayman)'s Total Inventories too high?
ZTO Express (Cayman)'s current Total Inventories is MXN102 Mil. Overall, ZTO Express (Cayman) has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does ZTO Express (Cayman)'s Total Inventories compare to EXPD and CHRW?
ZTO Express (Cayman)'s Total Inventories of MXN102 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Transportation company?
A good Total Inventories depends on the Transportation industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for ZTO Express (Cayman) and its competitors. ZTO Express (Cayman)'s current Total Inventories is MXN102 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTO Express (Cayman) stock overvalued right now?
ZTO Express (Cayman) (MEX:ZTO N) has a current Total Inventories of MXN102 Mil. The stock's GF Value™ is MXN548.91, compared to a current price of MXN426.00 — trading 22.4% below its estimated fair value. The current Total Inventories is MXN102 Mil. ZTO Express (Cayman)'s overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For ZTO Express (Cayman) (MEX:ZTO N), the current Total Inventories is MXN102 Mil 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 ZTO Express (Cayman) (MEX:ZTO N) Overvalued in 2026?

Based on GuruFocus' analysis, ZTO Express (Cayman) stock appears to be undervalued. The current stock price of MXN426.00 is trading 22.4% below its estimated GF Value™ of MXN548.91.

Key valuation signals for MEX:ZTO N:

  • Total Inventories: MXN102 Mil
  • GF Value™: MXN548.91 vs. price of MXN426.00 (22.4% below fair value)
  • GF Score™: 84/100

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


ZTO Express (Cayman) Business Description

Address No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
84GF Score

Get the complete analysis for MEX:ZTO N

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

MXN426.00
Price
MXN548.91
GF Value