West African ResourcesASX:WAF -0.69%97 Days Inventory is 101.02 as of Dec. 2025, which is 13% below its 10-year median of 116.51. GuruFocus rates ASX:WAF with a GF Score™ of 97/100 and a GF Value™ of A$3.32 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 681 Metals & Mining companies, West African Resources ranks worse than 69.16% on this metric.
The historical rank and industry rank for West African Resources's Days Inventory or its related term are showing as below:
ASX:WAF'
s Days Inventory Range Over the Past 10 Years
Min: 81.12 Med: 116.51 Max: 156.5
Current: 121.71
During the past 13 years, West African Resources's highest Days Inventory was 156.50. The lowest was 81.12. And the median was 116.51.
ASX:WAF's Days Inventory is ranked worse than 69.16% of 681
companies
in the Metals & Mining industry
Industry Median: 85.61
vs ASX:WAF: 121.71
West African Resources's Days Inventory
declined
from Dec. 2024 (139.78) to Dec. 2025 (101.02).
Inventory Turnover measures how fast the company turns over its inventory within a year.
West African Resources's Inventory Turnover for the
six
months ended in Dec. 2025 was 1.81.
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.
West African Resources's Inventory-to-Revenue for the
six
months ended in Dec. 2025 was 0.20.
West African Resources (ASX:WAF) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
West African Resources's Inventory Turnover for the
six
months ended in Dec. 2025 is calculated as
2. 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.
West African Resources's Inventory to Revenue for the
six
months ended in Dec. 2025 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
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
West African Resources Days Inventory Related Terms
West African Resources Days Inventory Historical Data
* Premium members only.
The historical data trend for West African Resources's Days 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.
For the Gold subindustry, West African Resources's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
West African Resources Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West African Resources's Days Inventory distribution charts can be found below:
* The bar in red indicates where West African Resources's Days Inventory falls into.
* 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.
West African Resources (ASX:WAF) has a Days Inventory of 101.02 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on West African Resources and its competitors. This is 13% below median its historical median of 116.51. Over the past decade, West African Resources' Days Inventory has ranged from 81.12 to 156.50. According to the industry distribution chart, West African Resources ranks #471 out of 681 companies in the Metals & Mining industry, placing it in the top 69.2%.
Is West African Resources' Days Inventory too high?
West African Resources' current Days Inventory of 101.02 is 13% below median its 10-year median of 116.51. Over the past 10 years, this metric has ranged from a low of 81.12 to a high of 156.50. The Metals & Mining industry median Days Inventory is 85.61. West African Resources' value of 101.02 is 18% above this industry median. Based on the distribution chart, West African Resources ranks #471 out of 681 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, West African Resources has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' Days Inventory compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West African Resources ranks #471 out of 681 companies for Days Inventory. This places West African Resources in the lower half of its industry. The industry median Days Inventory is 85.61. West African Resources' value of 101.02 is 18% above this benchmark. Historically, West African Resources' own Days Inventory has ranged from 81.12 to 156.50 over the past decade. While the company's 10-year median is 116.51 vs. the industry median of 85.61, West African Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 85.61, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. West African Resources's current Days Inventory of 101.02 is 18% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on West African Resources and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West African Resources's current Days Inventory is 101.02, which is 13% below median its own 10-year median of 116.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (ASX:WAF) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.32, compared to a current price of A$2.88 — trading 13.3% below its estimated fair value. The current Days Inventory is 101.02, which is 13% below median its 10-year median of 116.51 and 18% above the Metals & Mining industry median of 85.61. West African Resources' overall GF Score™ is 97/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For West African Resources (ASX:WAF), the current Days Inventory is 101.02 as of Dec. 2025. 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 West African Resources (ASX:WAF) Overvalued in 2026?
Based on GuruFocus' analysis, West African Resources stock appears to be undervalued.
The current stock price of A$2.88 is trading 13.3% below its estimated GF Value™ of A$3.32.
GuruFocus considers West African Resources to be Modestly Undervalued.
Key valuation signals for ASX:WAF:
Days Inventory: 101.02 (13% below median its 10-year median of 116.51)
GF Value™: A$3.32 vs. price of A$2.88 (13.3% below fair value)
Industry Position: 18% above the Metals & Mining median (#471 of 681)
No single metric tells the full story. See the ASX:WAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
97GF Score
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