North Electro-Optic Co (SHSE:600184) Total Inventories: ¥767 Mil (As of Mar. 2026)


SHSE:600184 North Electro-Optic Co Ltd SHSE:600184
55 GF Score
Price ¥25.83
GF Value ¥13.33
Valuation Significantly Overvalued
! 9 Warning Signs
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What is North Electro-Optic Co Total Inventories?

North Electro-Optic Co SHSE:600184 -10.00% 55 Total Inventories is ¥767 Mil as of Mar. 2026. GuruFocus rates SHSE:600184 with a GF Score™ of 55/100 and a GF Value™ of ¥13.33 (Significantly Overvalued). The stock has 9 warning signs investors should review.

North Electro-Optic Co's total inventories for the quarter that ended in Mar. 2026 was ¥767 Mil. North Electro-Optic Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥652 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. North Electro-Optic Co's Net-Net Working Capital per share 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. North Electro-Optic Co's Days Inventory for the three months ended in Mar. 2026 was 263.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. North Electro-Optic Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.35.

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. North Electro-Optic Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 2.07.

North Electro-Optic Co  (SHSE:600184) 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.

North Electro-Optic Co'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)
=(1229.759+0.75 * 965.665+0.5 * 767.064-1993.525
-0-38.63)/582.727
=0.52

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

North Electro-Optic 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
=651.6665/225.518*365 / 4
=263.68

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

North Electro-Optic Co'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 )
=225.518 / 651.6665
=0.35

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.

North Electro-Optic 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 )
=651.6665 / 314.711
=2.07

* 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.

North Electro-Optic Co Total Inventories Related Terms

North Electro-Optic Co Total Inventories Historical Data

* Premium members only.

The historical data trend for North Electro-Optic Co'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.

North Electro-Optic Co Total Inventories Chart

North Electro-Optic Co 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 520.87 462.95 448.69 605.98 536.27

North Electro-Optic Co 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 733.75 758.38 825.34 536.27 767.06
SHSE:600184
55GF Score
North Electro-Optic Co Ltd SHSE:600184
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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North Electro-Optic Co 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 ¥767 Mil mean?
North Electro-Optic Co (SHSE:600184) has a Total Inventories of ¥767 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for North Electro-Optic Co and its competitors.
Is North Electro-Optic Co's Total Inventories too high?
North Electro-Optic Co's current Total Inventories is ¥767 Mil. Overall, North Electro-Optic Co has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does North Electro-Optic Co's Total Inventories compare to SPCX and GE?
North Electro-Optic Co's Total Inventories of ¥767 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Total Inventories depends on the Aerospace & Defense 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 North Electro-Optic Co and its competitors. North Electro-Optic Co's current Total Inventories is ¥767 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Electro-Optic Co stock overvalued right now?
Based on GuruFocus' analysis, North Electro-Optic Co (SHSE:600184) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥13.33, compared to a current price of ¥25.83 — trading 93.8% above its estimated fair value. The current Total Inventories is ¥767 Mil. North Electro-Optic Co's overall GF Score™ is 55/100 with 9 warning signs to review. 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 North Electro-Optic Co (SHSE:600184), the current Total Inventories is ¥767 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 North Electro-Optic Co (SHSE:600184) Overvalued in 2026?

Based on GuruFocus' analysis, North Electro-Optic Co stock appears to be overvalued. The current stock price of ¥25.83 is trading 93.8% above its estimated GF Value™ of ¥13.33. GuruFocus considers North Electro-Optic Co to be Significantly Overvalued.

Key valuation signals for SHSE:600184:

  • Total Inventories: ¥767 Mil
  • GF Value™: ¥13.33 vs. price of ¥25.83 (93.8% above fair value)
  • GF Score™: 55/100 with 9 warning signs

No single metric tells the full story. See the SHSE:600184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

North Electro-Optic Co Business Description

Address 67 Changhong Beilu, Xiangfan, Hubei, CHN, 441057
North Electro-Optic Co Ltd is a China-based company mainly engaged in the research and development, design, manufacture, and distribution of optoelectronic defense products. The company is also engaged in the manufacture and sales of optoelectronic materials and components.
55GF Score

Get the complete analysis for SHSE:600184

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

¥25.83
Price
¥13.33
GF Value