Sinopec Oilfield Service (SHSE:600871) Total Inventories: ¥2,102 Mil (As of Mar. 2026)


SHSE:600871 Sinopec Oilfield Service Corp SHSE:600871
74 GF Score
Price ¥2.06
GF Value ¥2.15
Valuation Fairly Valued
! 5 Warning Signs
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What is Sinopec Oilfield Service Total Inventories?

Sinopec Oilfield Service SHSE:600871 +0.49% 74 Total Inventories is ¥2,102 Mil as of Mar. 2026. GuruFocus rates SHSE:600871 with a GF Score™ of 74/100 and a GF Value™ of ¥2.15 (Fairly Valued). The stock has 5 warning signs investors should review.

Sinopec Oilfield Service's total inventories for the quarter that ended in Mar. 2026 was ¥2,102 Mil. Sinopec Oilfield Service's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥1,614 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sinopec Oilfield Service's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥-2.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sinopec Oilfield Service's Days Inventory for the three months ended in Mar. 2026 was 8.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinopec Oilfield Service's Inventory Turnover for the quarter that ended in Mar. 2026 was 10.35.

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. Sinopec Oilfield Service's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.09.


Sinopec Oilfield Service  (SHSE:600871) 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.

Sinopec Oilfield Service'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)
=(4182.403+0.75 * 9929.134+0.5 * 2102.082-66956.198
-0-18.915)/18957.046
=-2.86

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

Sinopec Oilfield Service'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
=1613.5435/16703.278*365 / 4
=8.81

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

Sinopec Oilfield Service'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 )
=16703.278 / 1613.5435
=10.35

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.

Sinopec Oilfield Service'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 )
=1613.5435 / 18273.868
=0.09

* 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.


Sinopec Oilfield Service Total Inventories Related Terms


Sinopec Oilfield Service Total Inventories Historical Data

* Premium members only.

The historical data trend for Sinopec Oilfield Service'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.

Sinopec Oilfield Service Total Inventories Chart

Sinopec Oilfield Service 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 1,088.30 1,116.34 1,204.30 1,009.50 1,125.01

Sinopec Oilfield Service 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 1,769.01 2,647.23 3,399.45 1,125.01 2,102.08
SHSE:600871
74GF Score
Sinopec Oilfield Service Corp SHSE:600871
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinopec Oilfield Service 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 ¥2,102 Mil mean?
Sinopec Oilfield Service (SHSE:600871) has a Total Inventories of ¥2,102 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Sinopec Oilfield Service and its competitors.
Is Sinopec Oilfield Service's Total Inventories too high?
Sinopec Oilfield Service's current Total Inventories is ¥2,102 Mil. Overall, Sinopec Oilfield Service has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Oilfield Service's Total Inventories compare to NE and RIG?
Sinopec Oilfield Service's Total Inventories of ¥2,102 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Total Inventories depends on the Oil & Gas 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 Sinopec Oilfield Service and its competitors. Sinopec Oilfield Service's current Total Inventories is ¥2,102 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinopec Oilfield Service stock overvalued right now?
Based on GuruFocus' analysis, Sinopec Oilfield Service (SHSE:600871) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.15, compared to a current price of ¥2.06 — trading 4.2% below its estimated fair value. The current Total Inventories is ¥2,102 Mil. Sinopec Oilfield Service's overall GF Score™ is 74/100 with 5 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 Sinopec Oilfield Service (SHSE:600871), the current Total Inventories is ¥2,102 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 Sinopec Oilfield Service (SHSE:600871) Overvalued in 2026?

Based on GuruFocus' analysis, Sinopec Oilfield Service stock appears to be undervalued. The current stock price of ¥2.06 is trading 4.2% below its estimated GF Value™ of ¥2.15. GuruFocus considers Sinopec Oilfield Service to be Fairly Valued.

Key valuation signals for SHSE:600871:

  • Total Inventories: ¥2,102 Mil
  • GF Value™: ¥2.15 vs. price of ¥2.06 (4.2% below fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600871 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinopec Oilfield Service Business Description

Industry EnergyOil & Gas
Other Exchanges 01033:Hong KongYIZH:Germany
Address No. 9 Jishikou Road, Changyang District, Beijing, CHN, 100728
Sinopec Oilfield Service Corp engages in the provision of onshore and offshore oil and natural gas, exploration, provision of contracting, design, and construction services for the oil and gas projects. It operates through five segments: Geophysics, which provides technical and development, exploration geophysical services; Drilling engineering segment, which provides drilling design, and construction, technical services; Logging and mud logging segment; Special downhole segment, which provides oil engineering technical and construction services; and Engineering construction segment, which provides a package of services, including feasibility studies, procurement, and others. Its geographical segments are, The PRC, Middle East and Other countries.
74GF Score

Get the complete analysis for SHSE:600871

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

¥2.06
Price
¥2.15
GF Value