DRD (DRDGold) Inventory Turnover: 4.46 (As of Jun. 2025)

What is DRDGold Inventory Turnover?

DRDGold DRD -1.97% 85 Inventory Turnover is 4.46 as of Jun. 2025. GuruFocus rates DRD with a GF Score™ of 85/100 and a GF Value™ of $22.01 (Fairly Valued). The stock has 1 warning sign 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. DRDGold's Cost of Goods Sold for the six months ended in Jun. 2025 was $126.7 Mil. DRDGold's Average Total Inventories for the quarter that ended in Jun. 2025 was $28.4 Mil. DRDGold's Inventory Turnover for the quarter that ended in Jun. 2025 was 4.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DRDGold's Days Inventory for the six months ended in Jun. 2025 was 40.91.

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. DRDGold's Inventory-to-Revenue for the quarter that ended in Jun. 2025 was 0.12.

DRDGold (NYSE:DRD) 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.

DRDGold's Days Inventory for the six months ended in Jun. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2025 )	/	Cost of Goods Sold (Q: Jun. 2025 )	*	Days in Period
	=	28.397	/	126.674	*	365 / 2
	=	40.91

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.

DRDGold's Inventory to Revenue for the quarter that ended in Jun. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2025 )	/	Revenue (Q: Jun. 2025 )
	=	28.397	/	228.729
	=	0.12

* 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.

DRDGold Inventory Turnover Related Terms

DRDGold Inventory Turnover Historical Data

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The historical data trend for DRDGold's Inventory Turnover can be seen below:

DRDGold Inventory Turnover Chart

DRDGold Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

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11.25

9.65

8.94

10.22

9.82

DRDGold Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Jun21	Jun22	Jun23	Dec23	Jun24	Dec24	Jun25
Inventory Turnover	Get a 7-Day Free Trial															0.00	5.38	4.82	5.21	4.46

85GF Score

DRDGold Ltd DRD

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

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DRDGold Inventory Turnover Calculation

DRDGold'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 )
=	266.429	/ (	(24.961	+	29.327)	/	2 )
=	266.429	/	27.144
=	9.82

DRDGold's Inventory Turnover for the quarter that ended in Jun. 2025 is calculated as

	Inventory Turnover (Q: Jun. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Jun. 2025 ))	/	count )
=	126.674	/ (	(27.467	+	29.327)	/	2 )
=	126.674	/	28.397
=	4.46

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 4.46 mean?

DRDGold (DRD) has a Inventory Turnover of 4.46 as of Jun. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on DRDGold and its competitors.

Is DRDGold's Inventory Turnover too high?

DRDGold's current Inventory Turnover is 4.46. Overall, DRDGold has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does DRDGold's Inventory Turnover compare to NEM and AU?

DRDGold's Inventory Turnover of 4.46 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 DRDGold and its competitors. DRDGold's current Inventory Turnover is 4.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is DRDGold stock overvalued right now?

Based on GuruFocus' analysis, DRDGold (DRD) is currently considered Fairly Valued. The stock's GF Value™ is $22.01, compared to a current price of $20.94 — trading 4.9% below its estimated fair value. The current Inventory Turnover is 4.46. DRDGold's overall GF Score™ is 85/100 with 1 warning sign 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 DRDGold (DRD), the current Inventory Turnover is 4.46 as of Jun. 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 DRDGold (DRD) Overvalued in 2026?

Based on GuruFocus' analysis, DRDGold stock appears to be undervalued. The current stock price of $20.94 is trading 4.9% below its estimated GF Value™ of $22.01. GuruFocus considers DRDGold to be Fairly Valued.

Key valuation signals for DRD:

Inventory Turnover: 4.46
GF Value™: $22.01 vs. price of $20.94 (4.9% below fair value)
GF Score™: 85/100 with 1 warning sign

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

DRDGold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies JSE:RNG NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K MIC:PLZL ASX:NST TSX:PAAS RGLD ASX:EVN CDE SHSE:600547 TSX:LUG TSX:AGI

Other Exchanges DRD:South Africa DRDGF:USA DRD N:Mexico 0ICU:UK DUB1:Germany

Address Cnr 14th Avenue and Hendrik Potgieter Road, Constantia Office Park, Cycad House, Building 17, Ground Floor, Weltevreden Park, Johannesburg, ZAF, 1709

Website https://www.drdgold.com

DRDGold Ltd is a South African gold mining company engaged in surface gold tailings retreatment including exploration, extraction, processing, and smelting. Its reportable operating segments are; Ergo, FWGR, and Corporate office and other reconciling items. The Ergo is a surface gold retreatment operation that treats old slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields, and the FWGR which is a surface gold retreatment operation and treats old slime dams in the West Rand goldfields. The Ergo segment derives a vast majority of the company's revenue.

85GF Score

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

$20.94

Price

$22.01

GF Value

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