Equites Property Fund (JSE:EQU) Days Inventory: 291.52 (As of Feb. 2026) — 46% Below Median

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JSE:EQU Equites Property Fund Ltd JSE:EQU
77 GF Score
Price R17.79
GF Value R13.45
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Equites Property Fund Days Inventory?

Equites Property Fund JSE:EQU +0.57% 77 Days Inventory is 291.52 as of Feb. 2026, which is 46% below its 10-year median of 544.41. GuruFocus rates JSE:EQU with a GF Score™ of 77/100 and a GF Value™ of R13.45 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 164 REITs companies, Equites Property Fund ranks worse than 59.15% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Equites Property Fund's Average Total Inventories for the six months ended in Feb. 2026 was R912 Mil. Equites Property Fund's Cost of Goods Sold for the six months ended in Feb. 2026 was R571 Mil. Hence, Equites Property Fund's Days Inventory for the six months ended in Feb. 2026 was 291.52.

The historical rank and industry rank for Equites Property Fund's Days Inventory or its related term are showing as below:

JSE:EQU' s Days Inventory Range Over the Past 10 Years
Min: 95.17   Med: 544.41   Max: 1105.17
Current: 244.07

During the past 12 years, Equites Property Fund's highest Days Inventory was 1105.17. The lowest was 95.17. And the median was 544.41.

JSE:EQU's Days Inventory is ranked worse than
59.15% of 164 companies
in the REITs industry
Industry Median: 134.64 vs JSE:EQU: 244.07

Equites Property Fund's Days Inventory increased from Feb. 2025 (127.17) to Feb. 2026 (291.52). It might indicate that Equites Property Fund's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Equites Property Fund's Inventory Turnover for the six months ended in Feb. 2026 was 0.63.

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. Equites Property Fund's Inventory-to-Revenue for the six months ended in Feb. 2026 was 0.61.


Equites Property Fund  (JSE:EQU) 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.

Equites Property Fund's Inventory Turnover for the six months ended in Feb. 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.

Equites Property Fund's Inventory to Revenue for the six months 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.


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.


Equites Property Fund Days Inventory Related Terms


Equites Property Fund Days Inventory Historical Data

* Premium members only.

The historical data trend for Equites Property Fund'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.

Equites Property Fund Days Inventory Chart

Equites Property Fund Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,019.92 245.05 582.74 154.20 249.45

Equites Property Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Days 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 525.80 172.84 127.17 205.03 291.52

JSE:EQU vs PLD, PSA, EXR: Days Inventory Comparison

For the REIT - Industrial subindustry, Equites Property Fund'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.


Equites Property Fund Days Inventory vs REITs Industry

For the REITs industry and Real Estate sector, Equites Property Fund's Days Inventory distribution charts can be found below:

* The bar in red indicates where Equites Property Fund's Days Inventory falls into.


JSE:EQU
77GF Score
Equites Property Fund Ltd JSE:EQU
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equites Property Fund Days Inventory Calculation

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

Equites Property Fund's Days Inventory for the fiscal year that ended in Feb. 2026 is calculated as

Days Inventory (A: Feb. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2025 ) + Total Inventories (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (900.856 + 955.217) / 2 ) / 1357.908*365
=928.0365 / 1357.908*365
=249.45

Equites Property Fund's Days Inventory for the quarter that ended in Feb. 2026 is calculated as:

Days Inventory (Q: Feb. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count ) / Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=( (867.981 + 955.217) / 2 ) / 570.689*365 / 2
=911.599 / 570.689*365 / 2
=291.52

* 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 Days Inventory →
What does a Days Inventory of 291.52 mean?
Equites Property Fund (JSE:EQU) has a Days Inventory of 291.52 as of Feb. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Equites Property Fund and its competitors. This is 46% below median its historical median of 544.41. Over the past decade, Equites Property Fund's Days Inventory has ranged from 95.17 to 1,105.17. According to the industry distribution chart, Equites Property Fund ranks #97 out of 164 companies in the REITs industry, placing it in the top 59.1%.
Is Equites Property Fund's Days Inventory too high?
Equites Property Fund's current Days Inventory of 291.52 is 46% below median its 10-year median of 544.41. Over the past 10 years, this metric has ranged from a low of 95.17 to a high of 1,105.17. The REITs industry median Days Inventory is 134.64. Equites Property Fund's value of 291.52 is 116.5% above this industry median. Based on the distribution chart, Equites Property Fund ranks #97 out of 164 companies in the REITs industry, which is below the industry midpoint. Overall, Equites Property Fund has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equites Property Fund's Days Inventory compare to PLD and PSA?
According to the REITs industry distribution chart, Equites Property Fund ranks #97 out of 164 companies for Days Inventory. This places Equites Property Fund in the lower half of its industry. The industry median Days Inventory is 134.64. Equites Property Fund's value of 291.52 is 116.5% above this benchmark. Historically, Equites Property Fund's own Days Inventory has ranged from 95.17 to 1,105.17 over the past decade. While the company's 10-year median is 544.41 vs. the industry median of 134.64, Equites Property Fund 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 REITs company?
The median Days Inventory among REITs companies is 134.64, based on 164 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. Equites Property Fund's current Days Inventory of 291.52 is 116.5% 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 Equites Property Fund and its competitors. For the REITs industry, the median Days Inventory is 134.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equites Property Fund's current Days Inventory is 291.52, which is 46% below median its own 10-year median of 544.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equites Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Equites Property Fund (JSE:EQU) is currently considered Significantly Overvalued. The stock's GF Value™ is R13.45, compared to a current price of R17.79 — trading 32.3% above its estimated fair value. The current Days Inventory is 291.52, which is 46% below median its 10-year median of 544.41 and 116.5% above the REITs industry median of 134.64. Equites Property Fund's overall GF Score™ is 77/100 with 12 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 Equites Property Fund (JSE:EQU), the current Days Inventory is 291.52 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 Equites Property Fund (JSE:EQU) Overvalued in 2026?

Based on GuruFocus' analysis, Equites Property Fund stock appears to be overvalued. The current stock price of R17.79 is trading 32.3% above its estimated GF Value™ of R13.45. GuruFocus considers Equites Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:EQU:

  • Days Inventory: 291.52 (46% below median its 10-year median of 544.41)
  • GF Value™: R13.45 vs. price of R17.79 (32.3% above fair value)
  • GF Score™: 77/100 with 12 warning signs
  • Industry Position: 116.5% above the REITs median (#97 of 164)

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


Equites Property Fund Business Description

Industry Real EstateREITs
Address 4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001
Equites Property Fund Ltd generates rental income from investment in and development of modern logistics facilities. Its business activities include development, acquisition of vacant land and brownfield opportunities, acquisition of tenanted property, property management, and capital management. The Group operates through three reportable segments: SA Industrial, generate maximum revenue, which incorporates all the SA industrial and logistics assets; UK Developer, which relates to the disposal of land and turnkey developments; and Other, which comprises non-property-related activities. The Group has industrial and logistics assets in the Western Cape, Eastern Cape, Gauteng, and KwaZulu-Natal, and one ongoing development site in the UK.
77GF Score

Get the complete analysis for JSE:EQU

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

R17.79
Price
R13.45
GF Value