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Qingdao Topscomm Communication's total inventories for the quarter that ended in Mar. 2026 was ¥551 Mil. Qingdao Topscomm Communication's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥559 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Qingdao Topscomm Communication's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥0.87.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Qingdao Topscomm Communication's Days Inventory for the
three
months ended in Mar. 2026 was 339.30.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Qingdao Topscomm Communication's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.27.
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.
Qingdao Topscomm Communication's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 2.84.
Qingdao Topscomm Communication (SHSE:603421) 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.
Qingdao Topscomm Communication's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is
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.
Qingdao Topscomm Communication's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
Qingdao Topscomm Communication Total Inventories Related Terms
Qingdao Topscomm Communication Total Inventories Historical Data
* 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.
Qingdao Topscomm Communication Total Inventories Chart
Qingdao Topscomm Communication 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.
Qingdao Topscomm Communication (SHSE:603421) has a Total Inventories of ¥551 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Qingdao Topscomm Communication and its competitors.
Is Qingdao Topscomm Communication's Total Inventories too high?
Qingdao Topscomm Communication's current Total Inventories is ¥551 Mil. Overall, Qingdao Topscomm Communication has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qingdao Topscomm Communication's Total Inventories compare to COHR and KEYS?
Qingdao Topscomm Communication's Total Inventories of ¥551 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Inventories depends on the Hardware 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 Qingdao Topscomm Communication and its competitors. Qingdao Topscomm Communication's current Total Inventories is ¥551 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qingdao Topscomm Communication stock overvalued right now?
Based on GuruFocus' analysis, Qingdao Topscomm Communication (SHSE:603421) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.42, compared to a current price of ¥5.23 — trading 52.9% above its estimated fair value. The current Total Inventories is ¥551 Mil. Qingdao Topscomm Communication's overall GF Score™ is 54/100 with 4 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 Qingdao Topscomm Communication (SHSE:603421), the current Total Inventories is ¥551 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 Qingdao Topscomm Communication (SHSE:603421) Overvalued in 2026?
Based on GuruFocus' analysis, Qingdao Topscomm Communication stock appears to be overvalued.
The current stock price of ¥5.23 is trading 52.9% above its estimated GF Value™ of ¥3.42.
GuruFocus considers Qingdao Topscomm Communication to be Significantly Overvalued.
Key valuation signals for SHSE:603421:
Total Inventories: ¥551 Mil
GF Value™: ¥3.42 vs. price of ¥5.23 (52.9% above fair value)
No single metric tells the full story. See the SHSE:603421 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Qingdao Topscomm Communication Business Description
Qingdao Topscomm Communication Inc designs, researches and develops, manufactures, and sells smart products for electric power and fire protection in China. It also engages in the research and development of power line carrier communication chips and fieldbus communication chips. Its products include smart energy meters, such as smart prepayment and advanced metering infrastructure (AMI), power line carrier communication system; chips; terminal collecting device such as concentrator and state grid concentrator; and intelligent indoor terminal. It also provides AMI, prepayment vending, water/gas/heat and electricity meter AMR/AMI, distribution automation and management, and low and medium voltage PLC communication solutions.
54GF Score
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