Boxer Retail (JSE:BOX) Inventory Turnover: 4.64 (As of Feb. 2026)


JSE:BOX Boxer Retail Ltd JSE:BOX
18 GF Score
Price R80.31
! 4 Warning Signs
View Full Analysis

What is Boxer Retail Inventory Turnover?

Boxer Retail JSE:BOX -1.30% 18 Inventory Turnover is 4.64 as of Feb. 2026. GuruFocus rates JSE:BOX with a GF Score™ of 18/100. 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. Boxer Retail's Cost of Goods Sold for the six months ended in Feb. 2026 was R18,672 Mil. Boxer Retail's Average Total Inventories for the quarter that ended in Feb. 2026 was R4,022 Mil. Boxer Retail's Inventory Turnover for the quarter that ended in Feb. 2026 was 4.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Boxer Retail's Days Inventory for the six months ended in Feb. 2026 was 39.31.

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. Boxer Retail's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.17.

Boxer Retail  (JSE:BOX) 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.

Boxer Retail'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
=4021.5/18672*365 / 2
=39.31

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.

Boxer Retail'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 )
=4021.5 / 24164
=0.17

* 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.

Boxer Retail Inventory Turnover Related Terms

Boxer Retail Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Boxer Retail's Inventory Turnover 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.

Boxer Retail Inventory Turnover Chart

Boxer Retail Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Inventory Turnover
9.62 9.98 9.76 10.15 9.58

Boxer Retail Semi-Annual Data
Feb22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Inventory Turnover Get a 7-Day Free Trial 4.80 4.80 5.29 5.01 4.64
JSE:BOX
18GF Score
Boxer Retail Ltd JSE:BOX
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Boxer Retail Inventory Turnover Calculation

Boxer Retail'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 )
=36610 / ((3378 + 4267) / 2 )
=36610 / 3822.5
=9.58

Boxer Retail'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 )
=18672 / ((3776 + 4267) / 2 )
=18672 / 4021.5
=4.64

* 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 Inventory Turnover →
What does a Inventory Turnover of 4.64 mean?
Boxer Retail (JSE:BOX) has a Inventory Turnover of 4.64 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Boxer Retail and its competitors.
Is Boxer Retail's Inventory Turnover too high?
Boxer Retail's current Inventory Turnover is 4.64. Overall, Boxer Retail has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Boxer Retail's Inventory Turnover compare to DDS and M?
Boxer Retail's Inventory Turnover of 4.64 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical 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 Boxer Retail and its competitors. Boxer Retail's current Inventory Turnover is 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boxer Retail stock overvalued right now?
Boxer Retail (JSE:BOX) has a current Inventory Turnover of 4.64. The current Inventory Turnover is 4.64. Boxer Retail's overall GF Score™ is 18/100 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 Boxer Retail (JSE:BOX), the current Inventory Turnover is 4.64 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.

Boxer Retail Business Description

Address 41 The Boulevard, PO Box 370, Westend Office Park, Westville, NL, ZAF, 3630
Boxer Retail Ltd is engaged in the retail of food, health and beauty products, general merchandise and liquor, and additional value-added services, in South Africa and Eswatini. The group has one operating segment, namely Boxer Group which includes all retail operations under the Boxer Superstores, Boxer Build and Boxer Liquors brands selling products such as groceries, general merchandise and liquor.
18GF Score

Get the complete analysis for JSE:BOX

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

R80.31
Price