Fortress Minerals (SGX:OAJ) Days Inventory: 133.20 (As of May. 2026) — 83% Above Median

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SGX:OAJ Fortress Minerals Ltd SGX:OAJ
55 GF Score
Price S$0.24
GF Value S$0.33
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fortress Minerals Days Inventory?

Fortress Minerals SGX:OAJ -6.00% 55 Days Inventory is 133.20 as of May. 2026, which is 83% above its 10-year median of 72.60. GuruFocus rates SGX:OAJ with a GF Score™ of 55/100 and a GF Value™ of S$0.33 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 582 Steel companies, Fortress Minerals ranks worse than 69.42% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Fortress Minerals's Average Total Inventories for the three months ended in May. 2026 was S$13.10 Mil. Fortress Minerals's Cost of Goods Sold for the three months ended in May. 2026 was S$8.97 Mil. Hence, Fortress Minerals's Days Inventory for the three months ended in May. 2026 was 133.20.

The historical rank and industry rank for Fortress Minerals's Days Inventory or its related term are showing as below:

SGX:OAJ' s Days Inventory Range Over the Past 10 Years
Min: 15.76   Med: 72.6   Max: 120.22
Current: 120.22

During the past 11 years, Fortress Minerals's highest Days Inventory was 120.22. The lowest was 15.76. And the median was 72.60.

SGX:OAJ's Days Inventory is ranked worse than
69.42% of 582 companies
in the Steel industry
Industry Median: 86.355 vs SGX:OAJ: 120.22

Fortress Minerals's Days Inventory increased from May. 2025 (81.75) to May. 2026 (133.20). It might indicate that Fortress Minerals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortress Minerals's Inventory Turnover for the three months ended in May. 2026 was 0.69.

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. Fortress Minerals's Inventory-to-Revenue for the three months ended in May. 2026 was 0.52.


Fortress Minerals  (SGX:OAJ) 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.

Fortress Minerals's Inventory Turnover for the three months ended in May. 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.

Fortress Minerals's Inventory to Revenue for the three months ended in May. 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.


Fortress Minerals Days Inventory Related Terms


Fortress Minerals Days Inventory Historical Data

* Premium members only.

The historical data trend for Fortress Minerals'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.

Fortress Minerals Days Inventory Chart

Fortress Minerals 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 75.27 90.23 69.92 78.16 115.49

Fortress Minerals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 81.75 90.03 109.10 154.47 133.20

SGX:OAJ vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Fortress Minerals'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.


Fortress Minerals Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Fortress Minerals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fortress Minerals's Days Inventory falls into.


SGX:OAJ
55GF Score
Fortress Minerals Ltd SGX:OAJ
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortress Minerals Days Inventory Calculation

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

Fortress Minerals'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
=( (8.76 + 12.834) / 2 ) / 34.123*365
=10.797 / 34.123*365
=115.49

Fortress Minerals's Days Inventory for the quarter that ended in May. 2026 is calculated as:

Days Inventory (Q: May. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2026 ) + Total Inventories (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (12.834 + 13.357) / 2 ) / 8.971*365 / 4
=13.0955 / 8.971*365 / 4
=133.20

* 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 133.20 mean?
Fortress Minerals (SGX:OAJ) has a Days Inventory of 133.20 as of May. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Fortress Minerals and its competitors. This is 83% above median its historical median of 72.60. Over the past decade, Fortress Minerals' Days Inventory has ranged from 15.76 to 120.22. According to the industry distribution chart, Fortress Minerals ranks #404 out of 582 companies in the Steel industry, placing it in the top 69.4%.
Is Fortress Minerals' Days Inventory too high?
Fortress Minerals' current Days Inventory of 133.20 is 83% above median its 10-year median of 72.60. Over the past 10 years, this metric has ranged from a low of 15.76 to a high of 120.22. The Steel industry median Days Inventory is 86.36. Fortress Minerals' value of 133.20 is 54.2% above this industry median. Based on the distribution chart, Fortress Minerals ranks #404 out of 582 companies in the Steel industry, which is below the industry midpoint. Overall, Fortress Minerals has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fortress Minerals' Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, Fortress Minerals ranks #404 out of 582 companies for Days Inventory. This places Fortress Minerals in the lower half of its industry. The industry median Days Inventory is 86.36. Fortress Minerals' value of 133.20 is 54.2% above this benchmark. Historically, Fortress Minerals' own Days Inventory has ranged from 15.76 to 120.22 over the past decade. While the company's 10-year median is 72.60 vs. the industry median of 86.36, Fortress Minerals 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 Steel company?
The median Days Inventory among Steel companies is 86.36, based on 582 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. Fortress Minerals's current Days Inventory of 133.20 is 54.2% 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 Fortress Minerals and its competitors. For the Steel industry, the median Days Inventory is 86.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortress Minerals's current Days Inventory is 133.20, which is 83% above median its own 10-year median of 72.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortress Minerals stock overvalued right now?
Based on GuruFocus' analysis, Fortress Minerals (SGX:OAJ) is currently considered Modestly Undervalued. The stock's GF Value™ is S$0.33, compared to a current price of S$0.24 — trading 28.8% below its estimated fair value. The current Days Inventory is 133.20, which is 83% above median its 10-year median of 72.60 and 54.2% above the Steel industry median of 86.36. Fortress Minerals' overall GF Score™ is 55/100 with 4 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 Fortress Minerals (SGX:OAJ), the current Days Inventory is 133.20 as of May. 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 Fortress Minerals (SGX:OAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Fortress Minerals stock appears to be undervalued. The current stock price of S$0.24 is trading 28.8% below its estimated GF Value™ of S$0.33. GuruFocus considers Fortress Minerals to be Modestly Undervalued.

Key valuation signals for SGX:OAJ:

  • Days Inventory: 133.20 (83% above median its 10-year median of 72.60)
  • GF Value™: S$0.33 vs. price of S$0.24 (28.8% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 54.2% above the Steel median (#404 of 582)

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


Fortress Minerals Business Description

Address 9-1, Jalan PJS 8/18, Dataran Mentari, Petaling Jaya, SGR, MYS, 46150
Fortress Minerals Ltd is an iron ore concentrate miner and exporter in Malaysia. The company engages in the exploration, mining, production, and sale of iron ore with low levels of impurities. It mines the iron ore from its East, Valley, and West Deposits of Bukit Besi Mine situated in the district of Dungun, state of Terengganu in Malaysia. It derives revenue from the sale of iron ore.
55GF Score

Get the complete analysis for SGX:OAJ

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

S$0.24
Price
S$0.33
GF Value