Argent Industrial (JSE:ART) Change In Inventory: R0 Mil (TTM As of Mar. 2026)

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JSE:ART Argent Industrial Ltd JSE:ART
72 GF Score
Price R37.94
GF Value R29.96
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Argent Industrial Change In Inventory?

Argent Industrial JSE:ART 72 Change In Inventory is R0 Mil as of Mar. 2026. GuruFocus rates JSE:ART with a GF Score™ of 72/100 and a GF Value™ of R29.96 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Argent Industrial's change in inventory for the quarter that ended in Mar. 2026 was R0 Mil. It means Argent Industrial's inventory stayed the same from Sep. 2025 to Mar. 2026 .

Argent Industrial's change in inventory for the fiscal year that ended in Mar. 2026 was R67 Mil. It means Argent Industrial's inventory declined by R67 Mil from Mar. 2025 to Mar. 2026 .

Argent Industrial's Total Inventories for the quarter that ended in Mar. 2026 was R716 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Argent Industrial's Days Inventory for the quarter that ended in Mar. 2026 was 143.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Argent Industrial's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.28.

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. Argent Industrial's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.53.

Argent Industrial  (JSE:ART) Change In Inventory Explanation

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

Argent Industrial's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=754.107/961.656*365 / 2
=143.11

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

Argent Industrial's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=961.656 / 754.107
=1.28

3. 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.

Argent Industrial's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=754.107 / 1417.357
=0.53

* 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.

Argent Industrial Change In Inventory Related Terms

Argent Industrial Change In Inventory Historical Data

* Premium members only.

The historical data trend for Argent Industrial's Change In Inventory 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.

Argent Industrial Change In Inventory Chart

Argent Industrial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -154.49 -118.28 -61.89 -63.42 66.76

Argent Industrial Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Change In Inventory 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 0.00 0.00 0.00 0.00 0.00
JSE:ART
72GF Score
Argent Industrial Ltd JSE:ART
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Argent Industrial Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of R0 Mil mean?
Argent Industrial (JSE:ART) has a Change In Inventory of R0 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Argent Industrial and its competitors.
Is Argent Industrial's Change In Inventory too high?
Argent Industrial's current Change In Inventory is R0 Mil. Overall, Argent Industrial has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Change In Inventory compare to NUE and STLD?
Argent Industrial's Change In Inventory of R0 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Steel company?
A good Change In Inventory depends on the Steel industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Argent Industrial and its competitors. Argent Industrial's current Change In Inventory is R0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Industrial stock overvalued right now?
Based on GuruFocus' analysis, Argent Industrial (JSE:ART) is currently considered Modestly Overvalued. The stock's GF Value™ is R29.96, compared to a current price of R37.94 — trading 26.6% above its estimated fair value. The current Change In Inventory is R0 Mil. Argent Industrial's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current Change In Inventory is R0 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 Argent Industrial (JSE:ART) Overvalued in 2026?

Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued. The current stock price of R37.94 is trading 26.6% above its estimated GF Value™ of R29.96. GuruFocus considers Argent Industrial to be Modestly Overvalued.

Key valuation signals for JSE:ART:

  • Change In Inventory: R0 Mil
  • GF Value™: R29.96 vs. price of R37.94 (26.6% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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

Argent Industrial Business Description

Other Exchanges AILTF:USA
Address 8 Sinembe Crescent, Sinembe Park, First Floor, Ridge 63, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group's manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
72GF Score

Get the complete analysis for JSE:ART

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

R37.94
Price
R29.96
GF Value