Argent Industrial (JSE:ART) Inventory Turnover: 1.25 (As of Sep. 2025)

What is Argent Industrial Inventory Turnover?

Argent Industrial JSE:ART +2.47% 73 Inventory Turnover is 1.25 as of Sep. 2025. GuruFocus rates JSE:ART with a GF Score™ of 73/100 and a GF Value™ of R23.59 (Significantly Overvalued). The stock has 4 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. Argent Industrial's Cost of Goods Sold for the six months ended in Sep. 2025 was R985 Mil. Argent Industrial's Average Total Inventories for the quarter that ended in Sep. 2025 was R787 Mil. Argent Industrial's Inventory Turnover for the quarter that ended in Sep. 2025 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Argent Industrial's Days Inventory for the six months ended in Sep. 2025 was 145.97.

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. Argent Industrial's Inventory-to-Revenue for the quarter that ended in Sep. 2025 was 0.55.

Argent Industrial (JSE:ART) 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.

Argent Industrial's Days Inventory for the six months ended in Sep. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2025 )	/	Cost of Goods Sold (Q: Sep. 2025 )	*	Days in Period
	=	787.4885	/	984.581	*	365 / 2
	=	145.97

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.

Argent Industrial's Inventory to Revenue for the quarter that ended in Sep. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2025 )	/	Revenue (Q: Sep. 2025 )
	=	787.4885	/	1421.806
	=	0.55

* 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.

Argent Industrial Inventory Turnover Related Terms

Argent Industrial Inventory Turnover Historical Data

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

Argent Industrial Inventory Turnover Chart

Argent Industrial Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Inventory Turnover

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4.14

4.17

3.08

2.69

2.47

Argent Industrial Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25
Inventory Turnover	Get a 7-Day Free Trial															1.40	1.25	1.24	1.24	1.25

73GF Score

Argent Industrial Ltd JSE:ART

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

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Argent Industrial Inventory Turnover Calculation

Argent Industrial's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

	Inventory Turnover (A: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2025 )	/ (	(Total Inventories (A: Mar. 2024 )	+	Total Inventories (A: Mar. 2025 ))	/	count )
=	1842.956	/ (	(709.745	+	783.063)	/	2 )
=	1842.956	/	746.404
=	2.47

Argent Industrial's Inventory Turnover for the quarter that ended in Sep. 2025 is calculated as

	Inventory Turnover (Q: Sep. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2025 )	/ (	(Total Inventories (Q: Mar. 2025 )	+	Total Inventories (Q: Sep. 2025 ))	/	count )
=	984.581	/ (	(783.063	+	791.914)	/	2 )
=	984.581	/	787.4885
=	1.25

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.25 mean?

Argent Industrial (JSE:ART) has a Inventory Turnover of 1.25 as of Sep. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Argent Industrial and its competitors.

Is Argent Industrial's Inventory Turnover too high?

Argent Industrial's current Inventory Turnover is 1.25. 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 Inventory Turnover compare to NUE and STLD?

Argent Industrial's Inventory Turnover of 1.25 can be compared against companies in the Steel 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 Steel company?

A good Inventory Turnover depends on the Steel 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 Argent Industrial and its competitors. Argent Industrial's current Inventory Turnover is 1.25. 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 R23.59, compared to a current price of R37.40 — trading 58.5% above its estimated fair value. The current Inventory Turnover is 1.25. Argent Industrial's overall GF Score™ is 73/100 with 4 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 Argent Industrial (JSE:ART), the current Inventory Turnover is 1.25 as of Sep. 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 Argent Industrial (JSE:ART) Overvalued in 2026?

Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued. The current stock price of R37.40 is trading 58.5% above its estimated GF Value™ of R23.59. GuruFocus considers Argent Industrial to be Significantly Overvalued.

Key valuation signals for JSE:ART:

Inventory Turnover: 1.25
GF Value™: R23.59 vs. price of R37.40 (58.5% above fair value)
GF Score™: 73/100 with 4 warning signs

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

Industry Basic Materials Steel

Comparable Companies JSE:ACL NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010 BOM:532286 ASX:BSL BOM:512455 SZSE:000708 OSTO:SSAB A TPE:2002 TX WBO:VOE BOM:526371

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

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

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

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

R37.40

Price

R23.59

GF Value

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