Afrimat (JSE:AFT) Inventory Turnover: 2.64 (As of Feb. 2026)

What is Afrimat Inventory Turnover?

Afrimat JSE:AFT -0.53% 71 Inventory Turnover is 2.64 as of Feb. 2026. GuruFocus rates JSE:AFT with a GF Score™ of 71/100 and a GF Value™ of R97.10 (Significantly Undervalued). The stock has 6 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. Afrimat's Cost of Goods Sold for the six months ended in Feb. 2026 was R3,969 Mil. Afrimat's Average Total Inventories for the quarter that ended in Feb. 2026 was R1,505 Mil. Afrimat's Inventory Turnover for the quarter that ended in Feb. 2026 was 2.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Afrimat's Days Inventory for the six months ended in Feb. 2026 was 69.22.

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. Afrimat's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.32.

Afrimat (JSE:AFT) 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.

Afrimat's Days Inventory for the six months ended in Feb. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2026 )	/	Cost of Goods Sold (Q: Feb. 2026 )	*	Days in Period
	=	1505.401	/	3968.737	*	365 / 2
	=	69.22

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.

Afrimat's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2026 )	/	Revenue (Q: Feb. 2026 )
	=	1505.401	/	4678.991
	=	0.32

* 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.

Afrimat Inventory Turnover Related Terms

Afrimat Inventory Turnover Historical Data

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

Afrimat Inventory Turnover Chart

Afrimat Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Feb25

Feb26

Inventory Turnover

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7.00

6.25

7.46

7.95

6.11

Afrimat Semi-Annual Data
	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25	Aug25	Feb26
Inventory Turnover	Get a 7-Day Free Trial															3.79	3.65	3.03	3.42	2.64

71GF Score

Afrimat Ltd JSE:AFT

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Afrimat Inventory Turnover Calculation

Afrimat's Inventory Turnover for the fiscal year that ended in Feb. 2026 is calculated as

	Inventory Turnover (A: Feb. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Feb. 2026 )	/ (	(Total Inventories (A: Feb. 2025 )	+	Total Inventories (A: Feb. 2026 ))	/	count )
=	8257.794	/ (	(1101.387	+	1603.46)	/	2 )
=	8257.794	/	1352.4235
=	6.11

Afrimat's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

	Inventory Turnover (Q: Feb. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2026 )	/ (	(Total Inventories (Q: Aug. 2025 )	+	Total Inventories (Q: Feb. 2026 ))	/	count )
=	3968.737	/ (	(1407.342	+	1603.46)	/	2 )
=	3968.737	/	1505.401
=	2.64

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.64 mean?

Afrimat (JSE:AFT) has a Inventory Turnover of 2.64 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Afrimat and its competitors.

Is Afrimat's Inventory Turnover too high?

Afrimat's current Inventory Turnover is 2.64. Overall, Afrimat has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Afrimat's Inventory Turnover compare to CRH and VMC?

Afrimat's Inventory Turnover of 2.64 can be compared against companies in the Building Materials 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 Building Materials company?

A good Inventory Turnover depends on the Building Materials 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 Afrimat and its competitors. Afrimat's current Inventory Turnover is 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Afrimat stock overvalued right now?

Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R97.10, compared to a current price of R27.89 — trading 71.3% below its estimated fair value. The current Inventory Turnover is 2.64. Afrimat's overall GF Score™ is 71/100 with 6 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 Afrimat (JSE:AFT), the current Inventory Turnover is 2.64 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 Afrimat (JSE:AFT) Overvalued in 2026?

Based on GuruFocus' analysis, Afrimat stock appears to be undervalued. The current stock price of R27.89 is trading 71.3% below its estimated GF Value™ of R97.10. GuruFocus considers Afrimat to be Significantly Undervalued.

Key valuation signals for JSE:AFT:

Inventory Turnover: 2.64
GF Value™: R97.10 vs. price of R27.89 (71.3% below fair value)
GF Score™: 71/100 with 6 warning signs

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

Afrimat Business Description

Industry Basic Materials Building Materials

Comparable Companies JSE:SEP JSE:BIK JSE:PPC CRH XSWX:HOLN SHSE:600176 VMC XTER:HEI MLM BOM:532538 XSWX:AMRZ NSE:GRASIM MEX:CEMEXCPO JHX SHSE:600585 NSA:DCP BOM:500425 BOM:500387 MIL:BZU NSA:BUACEMENT

Address Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530

Website https://www.afrimat.co.za

Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.

71GF Score

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R27.89

Price

R97.10

GF Value

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