Spear REIT (JSE:SEA) Change In Inventory: R0.0 Mil (TTM As of Feb. 2026)

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JSE:SEA Spear REIT Ltd JSE:SEA
64 GF Score
Price R12.68
GF Value R6.77
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Spear REIT Change In Inventory?

Spear REIT JSE:SEA -0.47% 64 Change In Inventory is R0.0 Mil as of Feb. 2026. GuruFocus rates JSE:SEA with a GF Score™ of 64/100 and a GF Value™ of R6.77 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Spear REIT's change in inventory for the quarter that ended in Feb. 2026 was R0.0 Mil. It means Spear REIT's inventory stayed the same from Aug. 2025 to Feb. 2026 .

Spear REIT's change in inventory for the fiscal year that ended in Feb. 2026 was R0.0 Mil. It means Spear REIT's inventory stayed the same from Feb. 2025 to Feb. 2026 .

Spear REIT's Total Inventories for the quarter that ended in Feb. 2026 was R105.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spear REIT's Days Inventory for the quarter that ended in Feb. 2026 was 116.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spear REIT's Inventory Turnover for the quarter that ended in Feb. 2026 was 1.57.

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. Spear REIT's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.23.


Spear REIT  (JSE:SEA) Change In Inventory Explanation

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

Spear REIT's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=104.339/164.093*365 / 2
=116.04

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

Spear REIT's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

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.

Spear REIT's Inventory to Revenue for the quarter that ended in Feb. 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.


Spear REIT Change In Inventory Related Terms


Spear REIT Change In Inventory Historical Data

* Premium members only.

The historical data trend for Spear REIT'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.

Spear REIT Change In Inventory Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Change In Inventory
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Spear REIT Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 0.00 0.00 0.00 0.00 0.00
JSE:SEA
64GF Score
Spear REIT Ltd JSE:SEA
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Spear REIT 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0.0 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 R0.0 Mil mean?
Spear REIT (JSE:SEA) has a Change In Inventory of R0.0 Mil as of Feb. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Spear REIT and its competitors.
Is Spear REIT's Change In Inventory too high?
Spear REIT's current Change In Inventory is R0.0 Mil. Overall, Spear REIT has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spear REIT's Change In Inventory compare to VICI and WPC?
Spear REIT's Change In Inventory of R0.0 Mil can be compared against companies in the REITs 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 REITs company?
A good Change In Inventory depends on the REITs 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 Spear REIT and its competitors. Spear REIT's current Change In Inventory is R0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spear REIT stock overvalued right now?
Based on GuruFocus' analysis, Spear REIT (JSE:SEA) is currently considered Significantly Overvalued. The stock's GF Value™ is R6.77, compared to a current price of R12.68 — trading 87.3% above its estimated fair value. The current Change In Inventory is R0.0 Mil. Spear REIT's overall GF Score™ is 64/100 with 12 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 Spear REIT (JSE:SEA), the current Change In Inventory is R0.0 Mil as of Feb. 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 Spear REIT (JSE:SEA) Overvalued in 2026?

Based on GuruFocus' analysis, Spear REIT stock appears to be overvalued. The current stock price of R12.68 is trading 87.3% above its estimated GF Value™ of R6.77. GuruFocus considers Spear REIT to be Significantly Overvalued.

Key valuation signals for JSE:SEA:

  • Change In Inventory: R0.0 Mil
  • GF Value™: R6.77 vs. price of R12.68 (87.3% above fair value)
  • GF Score™: 64/100 with 12 warning signs

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


Spear REIT Business Description

Industry Real EstateREITs
Address 2 Long Street, PO Box 50, 16th Floor, Observatory, 7935, Cape Town, ZAF, 8001
Spear REIT Ltd is a real estate investment trust. The company has five segments Industrial, Commercial, Retail, Development, and Non-property. The company generates majority of revenue from Industrial segment. The industrial portfolio comprises a diverse range of multi-let industrial properties, warehouses, logistics parks, and urban logistics facilities. The company has presence in Cape.
64GF Score

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

R12.68
Price
R6.77
GF Value