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Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Shanghai Smith Adhesive New Material Co's Days Inventory for the
three
months ended in Mar. 2026 was 96.74.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shanghai Smith Adhesive New Material Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.94.
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.
Shanghai Smith Adhesive New Material Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.88.
Shanghai Smith Adhesive New Material Co (SHSE:603683) 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.
Shanghai Smith Adhesive New Material Co'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.
Shanghai Smith Adhesive New Material Co'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.
Shanghai Smith Adhesive New Material Co Total Inventories Related Terms
Shanghai Smith Adhesive New Material Co 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.
Shanghai Smith Adhesive New Material Co Total Inventories Chart
Shanghai Smith Adhesive New Material Co Annual Data
Shanghai Smith Adhesive New Material 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.
Shanghai Smith Adhesive New Material Co (SHSE:603683) has a Total Inventories of ¥478 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Shanghai Smith Adhesive New Material Co and its competitors.
Is Shanghai Smith Adhesive New Material Co's Total Inventories too high?
Shanghai Smith Adhesive New Material Co's current Total Inventories is ¥478 Mil. Overall, Shanghai Smith Adhesive New Material Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Smith Adhesive New Material Co's Total Inventories compare to LIN and SHW?
Shanghai Smith Adhesive New Material Co's Total Inventories of ¥478 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Total Inventories depends on the Chemicals 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 Shanghai Smith Adhesive New Material Co and its competitors. Shanghai Smith Adhesive New Material Co's current Total Inventories is ¥478 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Smith Adhesive New Material Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Smith Adhesive New Material Co (SHSE:603683) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.21, compared to a current price of ¥14.01 — trading 14.7% above its estimated fair value. The current Total Inventories is ¥478 Mil. Shanghai Smith Adhesive New Material Co'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 Shanghai Smith Adhesive New Material Co (SHSE:603683), the current Total Inventories is ¥478 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 Shanghai Smith Adhesive New Material Co (SHSE:603683) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Smith Adhesive New Material Co stock appears to be overvalued.
The current stock price of ¥14.01 is trading 14.7% above its estimated GF Value™ of ¥12.21.
GuruFocus considers Shanghai Smith Adhesive New Material Co to be Modestly Overvalued.
Key valuation signals for SHSE:603683:
Total Inventories: ¥478 Mil
GF Value™: ¥12.21 vs. price of ¥14.01 (14.7% above fair value)
No single metric tells the full story. See the SHSE:603683 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Smith Adhesive New Material Co Ltd is engaged in producing and manufacturing adhesive materials, including special paper, profile adhesive tape, electronic adhesive tape, cloth-based adhesive tape and other adhesive tape products. Its main products include masking tape, duct tape, rice tape, double-sided tape, foam tape, aluminum foil tape, kraft paper tape, bopp tape, covering tape and industrial tape. Products are widely used in various fields such as household, automotive, stationary, electronic and other fields.
74GF Score
Get the complete analysis for SHSE:603683
Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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