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South32HAM:32Z -3.65%47 Days Inventory is 31.99 as of Jun. 2026, which is 67% below its 10-year median of 98.34. GuruFocus rates HAM:32Z with a GF Score™ of 47/100. The stock has 8 warning signs investors should review. Among 692 Metals & Mining companies, South32 ranks worse than 60.84% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). South32's Average Total Inventories for the
six
months ended in Jun. 2026 was €756 Mil. South32's Cost of Goods Sold for the
six
months ended in Jun. 2026 was €2,157 Mil.
Hence, South32's Days Inventory for the
six
months ended in Jun. 2026 was 63.98.
The historical rank and industry rank for South32's Days Inventory or its related term are showing as below:
HAM:32Z'
s Days Inventory Range Over the Past 10 Years
Min: 73.34 Med: 98.34 Max: 116.04
Current: 101.58
During the past 13 years, South32's highest Days Inventory was 116.04. The lowest was 73.34. And the median was 98.34.
HAM:32Z's Days Inventory is ranked worse than 60.84% of 692
companies
in the Metals & Mining industry
Industry Median: 85.515
vs HAM:32Z: 101.58
South32's Days Inventory
increased
from Jun. 2025 (28.22) to Jun. 2026 (31.99).
It might indicate that South32's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
South32's Inventory Turnover for the
six
months ended in Jun. 2026 was 2.85.
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.
South32's Inventory-to-Revenue for the
six
months ended in Jun. 2026 was 0.29.
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.
South32's Inventory Turnover for the
six
months ended in Jun. 2026 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.
South32's Inventory to Revenue for the
six
months ended in Jun. 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
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.
South32 Days Inventory Related Terms
South32 Days Inventory Historical Data
* Premium members only.
The historical data trend for South32'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 Other Industrial Metals & Mining subindustry, South32'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.
South32 Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, South32's Days Inventory distribution charts can be found below:
* The bar in red indicates where South32'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.
South32 (HAM:32Z) has a Days Inventory of 31.99 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on South32 and its competitors. This is 67% below median its historical median of 98.34. Over the past decade, South32's Days Inventory has ranged from 73.34 to 116.04. According to the industry distribution chart, South32 ranks #421 out of 692 companies in the Metals & Mining industry, placing it in the top 60.8%.
Is South32's Days Inventory too high?
South32's current Days Inventory of 31.99 is 67% below median its 10-year median of 98.34. Over the past 10 years, this metric has ranged from a low of 73.34 to a high of 116.04. The Metals & Mining industry median Days Inventory is 85.52. South32's value of 31.99 is 62.6% below this industry median. Based on the distribution chart, South32 ranks #421 out of 692 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, South32 has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does South32's Days Inventory compare to competitors?
According to the Metals & Mining industry distribution chart, South32 ranks #421 out of 692 companies for Days Inventory. This places South32 in the lower half of its industry. The industry median Days Inventory is 85.52. South32's value of 31.99 is 62.6% below this benchmark. Historically, South32's own Days Inventory has ranged from 73.34 to 116.04 over the past decade. While the company's 10-year median is 98.34 vs. the industry median of 85.52, South32 has consistently been below 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 85.52, based on 692 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. South32's current Days Inventory of 31.99 is 62.6% below 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 South32 and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South32's current Days Inventory is 31.99, which is 67% below median its own 10-year median of 98.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South32 stock overvalued right now?
South32 (HAM:32Z) has a current Days Inventory of 31.99. The current Days Inventory is 31.99, which is 67% below median its 10-year median of 98.34 and 62.6% below the Metals & Mining industry median of 85.52. South32's overall GF Score™ is 47/100 with 8 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 South32 (HAM:32Z), the current Days Inventory is 31.99 as of Jun. 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.
South32 was born of the demerger of noncore assets from BHP in 2015. Its major operations include alumina businesses in Australia and Brazil, aluminum in Brazil, South Africa, and Mozambique, and manganese businesses in Australia and South Africa. It sold New South Wales metallurgical coal in August 2024 and the Cerro Matoso nickel mine in Colombia in December 2025. It also owns the Cannington silver/lead/zinc mine in Queensland. Its Australian manganese operations deliver high returns, but have a relatively short reserve life. The company acquired Arizona Mining, which brings with it the high-grade and likely low-cost Taylor project in the US, and also entered the copper business in 2022 via the purchase of a 45% stake in the Sierra Gorda mine in Chile.
47GF Score
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