Pan African Resources (ASX:PAF) Inventory Turnover: 5.22 (As of Dec. 2025)

What is Pan African Resources Inventory Turnover?

Pan African Resources ASX:PAF 76 Inventory Turnover is 5.22 as of Dec. 2025. GuruFocus rates ASX:PAF with a GF Score™ of 76/100 and a GF Value™ of A$1.64 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Pan African Resources's Cost of Goods Sold for the six months ended in Dec. 2025 was A$335 Mil. Pan African Resources's Average Total Inventories for the quarter that ended in Dec. 2025 was A$64 Mil. Pan African Resources's Inventory Turnover for the quarter that ended in Dec. 2025 was 5.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pan African Resources's Days Inventory for the six months ended in Dec. 2025 was 34.98.

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. Pan African Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.09.

Pan African Resources (ASX:PAF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Pan African Resources's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2025 )	/	Cost of Goods Sold (Q: Dec. 2025 )	*	Days in Period
	=	64.2105	/	335.026	*	365 / 2
	=	34.98

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.

Pan African Resources's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2025 )	/	Revenue (Q: Dec. 2025 )
	=	64.2105	/	733.028
	=	0.09

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Pan African Resources Inventory Turnover Related Terms

Pan African Resources Inventory Turnover Historical Data

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The historical data trend for Pan African Resources's Inventory Turnover can be seen below:

Pan African Resources Inventory Turnover Chart

Pan African Resources Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

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24.33

24.77

18.71

16.05

11.43

Pan African Resources Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Inventory Turnover	Get a 7-Day Free Trial															9.41	8.66	6.72	5.57	5.22

76GF Score

Pan African Resources PLC ASX:PAF

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Pan African Resources Inventory Turnover Calculation

Pan African Resources's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

	Inventory Turnover (A: Jun. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2025 )	/ (	(Total Inventories (A: Jun. 2024 )	+	Total Inventories (A: Jun. 2025 ))	/	count )
=	482.592	/ (	(24.745	+	59.73)	/	2 )
=	482.592	/	42.2375
=	11.43

Pan African Resources's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

	Inventory Turnover (Q: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2025 )	/ (	(Total Inventories (Q: Jun. 2025 )	+	Total Inventories (Q: Dec. 2025 ))	/	count )
=	335.026	/ (	(59.73	+	68.691)	/	2 )
=	335.026	/	64.2105
=	5.22

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 5.22 mean?

Pan African Resources (ASX:PAF) has a Inventory Turnover of 5.22 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pan African Resources and its competitors.

Is Pan African Resources' Inventory Turnover too high?

Pan African Resources' current Inventory Turnover is 5.22. Overall, Pan African Resources has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Pan African Resources' Inventory Turnover compare to NEM and AU?

Pan African Resources' Inventory Turnover of 5.22 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Metals & Mining company?

A good Inventory Turnover depends on the Metals & Mining industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pan African Resources and its competitors. Pan African Resources's current Inventory Turnover is 5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pan African Resources stock overvalued right now?

Based on GuruFocus' analysis, Pan African Resources (ASX:PAF) is currently considered Modestly Overvalued. The stock's GF Value™ is A$1.64, compared to a current price of A$1.96 — trading 19.5% above its estimated fair value. The current Inventory Turnover is 5.22. Pan African Resources' overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Pan African Resources (ASX:PAF), the current Inventory Turnover is 5.22 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 Pan African Resources (ASX:PAF) Overvalued in 2026?

Based on GuruFocus' analysis, Pan African Resources stock appears to be overvalued. The current stock price of A$1.96 is trading 19.5% above its estimated GF Value™ of A$1.64. GuruFocus considers Pan African Resources to be Modestly Overvalued.

Key valuation signals for ASX:PAF:

Inventory Turnover: 5.22
GF Value™: A$1.64 vs. price of A$1.96 (19.5% above fair value)
GF Score™: 76/100 with 3 warning signs

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

Pan African Resources Business Description

Industry Basic Materials Metals & Mining

Comparable Companies LSE:AAZ LSE:AMRQ LSE:MTL LSE:ALTN LSE:SRB LSE:KEFI LSE:CORA LSE:PAT LSE:AAU LSE:AMGO NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K

Other Exchanges PAN:South Africa PAFRY:USA PAFRF:USA PAFl:UK PAF:UK RTZ:Germany

Address Corner Cradock and Biermann Avenues, 2nd Floor, Office 204, The Firs Building, Rosebank, Johannesburg, GT, ZAF, 2196

Website https://www.panafricanresources.com

Pan African Resources PLC is engaged in gold mining and exploration activities. The group owns and operates a portfolio of projects located in South Africa, Australia, and an exploration project in Sudan. Its project portfolio comprises Fairview Mine, Sheba and Consort Mines, BTRP, Elikhulu, MTR, Evander Mines, and Tennant Mines. The group's reporting segments are: Mining operations and Other operations. Maximum revenue is generated from the Mining operations segment, which generates revenue from mining, extraction, production, and the sale of gold. The Other operations segment represents its exploration assets in Sudan, Agricultural ESG projects, and other activities. Geographically, the group generates maximum revenue from South Africa, followed by Australia, and UK and Europe.

76GF Score

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A$1.96

Price

A$1.64

GF Value

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