DBAPPSecurity Co (SHSE:688023) Total Inventories: ¥320 Mil (As of Mar. 2026)

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SHSE:688023 DBAPPSecurity Co Ltd SHSE:688023
72 GF Score
Price ¥36.43
GF Value ¥55.76
Valuation Possible Value Trap
! 4 Warning Signs
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What is DBAPPSecurity Co Total Inventories?

DBAPPSecurity Co SHSE:688023 -3.09% 72 Total Inventories is ¥320 Mil as of Mar. 2026. GuruFocus rates SHSE:688023 with a GF Score™ of 72/100 and a GF Value™ of ¥55.76 (Possible Value Trap). The stock has 4 warning signs investors should review.

DBAPPSecurity Co's total inventories for the quarter that ended in Mar. 2026 was ¥320 Mil. DBAPPSecurity Co's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ¥294 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. DBAPPSecurity Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ¥0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DBAPPSecurity Co's Days Inventory for the three months ended in Mar. 2026 was 186.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. DBAPPSecurity Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.49.

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. DBAPPSecurity Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.91.


DBAPPSecurity Co  (SHSE:688023) 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.

DBAPPSecurity 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)
=(1330.567+0.75 * 517.024+0.5 * 320.048-1858.616
-0-17.049)/101.784
=0.03

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

DBAPPSecurity 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
=294.4155/144.097*365 / 4
=186.44

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

DBAPPSecurity 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 )
=144.097 / 294.4155
=0.49

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.

DBAPPSecurity 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 )
=294.4155 / 324.934
=0.91

* 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.


DBAPPSecurity Co Total Inventories Related Terms


DBAPPSecurity Co Total Inventories Historical Data

* Premium members only.

The historical data trend for DBAPPSecurity 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.

DBAPPSecurity Co Total Inventories Chart

DBAPPSecurity 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 193.15 207.78 236.03 257.25 268.78

DBAPPSecurity 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 280.94 295.66 283.62 268.78 320.05
SHSE:688023
72GF Score
DBAPPSecurity Co Ltd SHSE:688023
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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DBAPPSecurity 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 ¥320 Mil mean?
DBAPPSecurity Co (SHSE:688023) has a Total Inventories of ¥320 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for DBAPPSecurity Co and its competitors.
Is DBAPPSecurity Co's Total Inventories too high?
DBAPPSecurity Co's current Total Inventories is ¥320 Mil. Overall, DBAPPSecurity Co has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DBAPPSecurity Co's Total Inventories compare to MSFT and ORCL?
DBAPPSecurity Co's Total Inventories of ¥320 Mil can be compared against companies in the Software 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 Software company?
A good Total Inventories depends on the Software 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 DBAPPSecurity Co and its competitors. DBAPPSecurity Co's current Total Inventories is ¥320 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DBAPPSecurity Co stock overvalued right now?
Based on GuruFocus' analysis, DBAPPSecurity Co (SHSE:688023) is currently considered Possible Value Trap. The stock's GF Value™ is ¥55.76, compared to a current price of ¥36.43 — trading 34.7% below its estimated fair value. The current Total Inventories is ¥320 Mil. DBAPPSecurity Co's overall GF Score™ is 72/100 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 DBAPPSecurity Co (SHSE:688023), the current Total Inventories is ¥320 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 DBAPPSecurity Co (SHSE:688023) Overvalued in 2026?

Based on GuruFocus' analysis, DBAPPSecurity Co stock appears to be undervalued. The current stock price of ¥36.43 is trading 34.7% below its estimated GF Value™ of ¥55.76. GuruFocus considers DBAPPSecurity Co to be Possible Value Trap.

Key valuation signals for SHSE:688023:

  • Total Inventories: ¥320 Mil
  • GF Value™: ¥55.76 vs. price of ¥36.43 (34.7% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the SHSE:688023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DBAPPSecurity Co Business Description

Address No. 188, Lianhui Street, Anheng Building, Xixing Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310051
DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security.
72GF Score

Get the complete analysis for SHSE:688023

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

¥36.43
Price
¥55.76
GF Value