Argent Industrial (JSE:ART) Days Sales Outstanding: 53.90 (As of Mar. 2026) — Near Median

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JSE:ART Argent Industrial Ltd JSE:ART
73 GF Score
Price R41.00
GF Value R30.23
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Argent Industrial Days Sales Outstanding?

Argent Industrial JSE:ART +1.23% 73 Days Sales Outstanding is 53.90 as of Mar. 2026, which is 3% below its 10-year median of 55.71. GuruFocus rates JSE:ART with a GF Score™ of 73/100 and a GF Value™ of R30.23 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 604 Steel companies, Argent Industrial ranks worse than 51.32% on this metric.

Argent Industrial's average Accounts Receivable for the six months ended in Mar. 2026 was R419 Mil. Argent Industrial's Revenue for the six months ended in Mar. 2026 was R1,417 Mil. Hence, Argent Industrial's Days Sales Outstanding for the six months ended in Mar. 2026 was 53.90.

The historical rank and industry rank for Argent Industrial's Days Sales Outstanding or its related term are showing as below:

JSE:ART' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.53   Med: 55.71   Max: 61.9
Current: 52.04

During the past 13 years, Argent Industrial's highest Days Sales Outstanding was 61.90. The lowest was 47.53. And the median was 55.71.

JSE:ART's Days Sales Outstanding is ranked worse than
51.32% of 604 companies
in the Steel industry
Industry Median: 50.5 vs JSE:ART: 52.04

Argent Industrial's Days Sales Outstanding declined from Mar. 2025 (57.47) to Mar. 2026 (53.90).


Argent Industrial  (JSE:ART) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Argent Industrial Days Sales Outstanding Related Terms


Argent Industrial Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Argent Industrial's Days Sales Outstanding 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.

Argent Industrial Days Sales Outstanding Chart

Argent Industrial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.59 55.46 51.89 52.59 47.53

Argent Industrial Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Sales Outstanding 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 59.42 62.69 57.47 54.70 53.90

JSE:ART vs NUE, STLD, RS: Days Sales Outstanding Comparison

For the Steel subindustry, Argent Industrial's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


Argent Industrial Days Sales Outstanding vs Steel Industry

For the Steel industry and Basic Materials sector, Argent Industrial's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Argent Industrial's Days Sales Outstanding falls into.


JSE:ART
73GF Score
Argent Industrial Ltd JSE:ART
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Argent Industrial Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Argent Industrial's Days Sales Outstanding for the fiscal year that ended in Mar. 2026 is calculated as

Days Sales Outstanding (A: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (377.22 + 362.143) / 2 ) / 2839.163*365
=369.6815 / 2839.163*365
=47.53

Argent Industrial's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding (Q: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (475.104 + 362.143) / 2 ) / 1417.357*365 / 2
=418.6235 / 1417.357*365 / 2
=53.90

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 53.90 mean?
Argent Industrial (JSE:ART) has a Days Sales Outstanding of 53.90 as of Mar. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Argent Industrial and its competitors. This is near median its historical median of 55.71. Over the past decade, Argent Industrial's Days Sales Outstanding has ranged from 47.53 to 61.90. According to the industry distribution chart, Argent Industrial ranks #310 out of 604 companies in the Steel industry, placing it in the top 51.3%.
Is Argent Industrial's Days Sales Outstanding too high?
Argent Industrial's current Days Sales Outstanding of 53.90 is near median its 10-year median of 55.71. Over the past 10 years, this metric has ranged from a low of 47.53 to a high of 61.90. The Steel industry median Days Sales Outstanding is 50.50. Argent Industrial's value of 53.90 is 6.7% above this industry median. Based on the distribution chart, Argent Industrial ranks #310 out of 604 companies in the Steel industry, which is below the industry midpoint. Overall, Argent Industrial has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Days Sales Outstanding compare to NUE and STLD?
According to the Steel industry distribution chart, Argent Industrial ranks #310 out of 604 companies for Days Sales Outstanding. This places Argent Industrial in the lower half of its industry. The industry median Days Sales Outstanding is 50.50. Argent Industrial's value of 53.90 is 6.7% above this benchmark. Historically, Argent Industrial's own Days Sales Outstanding has ranged from 47.53 to 61.90 over the past decade. While the company's 10-year median is 55.71 vs. the industry median of 50.50, Argent Industrial 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 Sales Outstanding for a Steel company?
The median Days Sales Outstanding among Steel companies is 50.50, based on 604 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Argent Industrial's current Days Sales Outstanding of 53.90 is 6.7% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Argent Industrial and its competitors. For the Steel industry, the median Days Sales Outstanding is 50.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argent Industrial's current Days Sales Outstanding is 53.90, which is near median its own 10-year median of 55.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Industrial stock overvalued right now?
Based on GuruFocus' analysis, Argent Industrial (JSE:ART) is currently considered Significantly Overvalued. The stock's GF Value™ is R30.23, compared to a current price of R41.00 — trading 35.6% above its estimated fair value. The current Days Sales Outstanding is 53.90, which is near median its 10-year median of 55.71 and 6.7% above the Steel industry median of 50.50. Argent Industrial's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Argent Industrial (JSE:ART), the current Days Sales Outstanding is 53.90 as of Mar. 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 Argent Industrial (JSE:ART) Overvalued in 2026?

Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued. The current stock price of R41.00 is trading 35.6% above its estimated GF Value™ of R30.23. GuruFocus considers Argent Industrial to be Significantly Overvalued.

Key valuation signals for JSE:ART:

  • Days Sales Outstanding: 53.90 (near median its 10-year median of 55.71)
  • GF Value™: R30.23 vs. price of R41.00 (35.6% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 6.7% above the Steel median (#310 of 604)

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


Argent Industrial Business Description

Other Exchanges AILTF:USA
Address 8 Sinembe Crescent, Sinembe Park, First Floor, Ridge 63, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group's manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
73GF Score

Get the complete analysis for JSE:ART

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

R41.00
Price
R30.23
GF Value