Labat Africa (JSE:LAB) Inventory Turnover: 0.15 (As of Nov. 2025)

What is Labat Africa Inventory Turnover?

Labat Africa JSE:LAB Inventory Turnover is 0.15 as of Nov. 2025. The stock has 5 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. Labat Africa's Cost of Goods Sold for the six months ended in Nov. 2025 was R51.2 Mil. Labat Africa's Average Total Inventories for the quarter that ended in Nov. 2025 was R347.5 Mil. Labat Africa's Inventory Turnover for the quarter that ended in Nov. 2025 was 0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Labat Africa's Days Inventory for the six months ended in Nov. 2025 was 1,239.87.

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. Labat Africa's Inventory-to-Revenue for the quarter that ended in Nov. 2025 was 2.30.

Labat Africa (JSE:LAB) 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.

Labat Africa's Days Inventory for the six months ended in Nov. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2025 )	/	Cost of Goods Sold (Q: Nov. 2025 )	*	Days in Period
	=	347.516	/	51.152	*	365 / 2
	=	1,239.87

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.

Labat Africa's Inventory to Revenue for the quarter that ended in Nov. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2025 )	/	Revenue (Q: Nov. 2025 )
	=	347.516	/	150.884
	=	2.30

* 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.

Labat Africa Inventory Turnover Related Terms

Labat Africa Inventory Turnover Historical Data

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

Labat Africa Inventory Turnover Chart

Labat Africa Annual Data

Trend

Feb14

Feb15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

May23

May24

Inventory Turnover

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8.83

7.12

4.97

4.31

2.38

Labat Africa Semi-Annual Data
	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Nov22	May23	Nov23	May24	Nov24	May25	Nov25
Inventory Turnover	Get a 7-Day Free Trial															1.51	1.06	1.62	0.42	0.15

Labat Africa Inventory Turnover Calculation

Labat Africa's Inventory Turnover for the fiscal year that ended in May. 2024 is calculated as

	Inventory Turnover (A: May. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2024 )	/ (	(Total Inventories (A: May. 2023 )	+	Total Inventories (A: May. 2024 ))	/	count )
=	18.697	/ (	(8.8	+	6.92)	/	2 )
=	18.697	/	7.86
=	2.38

Labat Africa's Inventory Turnover for the quarter that ended in Nov. 2025 is calculated as

	Inventory Turnover (Q: Nov. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2025 )	/ (	(Total Inventories (Q: May. 2025 )	+	Total Inventories (Q: Nov. 2025 ))	/	count )
=	51.152	/ (	(334.93	+	360.102)	/	2 )
=	51.152	/	347.516
=	0.15

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.15 mean?

Labat Africa (JSE:LAB) has a Inventory Turnover of 0.15 as of Nov. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Labat Africa and its competitors.

Is Labat Africa's Inventory Turnover too high?

Labat Africa's current Inventory Turnover is 0.15.

How does Labat Africa's Inventory Turnover compare to ZTS and UTHR?

Labat Africa's Inventory Turnover of 0.15 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?

A good Inventory Turnover depends on the Drug Manufacturers 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 Labat Africa and its competitors. Labat Africa's current Inventory Turnover is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Labat Africa stock overvalued right now?

Based on GuruFocus' analysis, Labat Africa (JSE:LAB) is currently considered Possible Value Trap. The stock's GF Value™ is R0.22, compared to a current price of R0.05 — trading 77.3% below its estimated fair value. The current Inventory Turnover is 0.15. 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 Labat Africa (JSE:LAB), the current Inventory Turnover is 0.15 as of Nov. 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.

Labat Africa Business Description

Industry Healthcare Drug Manufacturers

Comparable Companies JSE:CCC XTER:MRK TSE:4502 XSWX:GALD SHSE:600276 NSE:SUNPHARMA XTAE:TEVA LSE:HLN XSWX:SDZ ZTS HKSE:03692 UTHR VTRS NSE:DIVISLAB OSTO:SOBI TSE:4507 NBIX NSE:TORNTPHARM XPAR:IPN SHSE:688506

Other Exchanges LAO:Germany

Address 75 Maude StreetSandown, The Leonardo 14th Floor, Sandown, Johannesburg, GT, ZAF, 1709

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

Labat Africa Ltd is an investment holding company. Through its subsidiaries, the company operates in the following segments; Technology, Head office, and Healthcare. The Technology segment manufactures and distributes integrated circuits South African Micro - Electronic Systems. Head office operations provide management services, logistics and seeks further investment opportunities for the Group. The Healthcare segment generates maximum revenue for the company and focusses on medical cannabis industry in South Africa. Geographically, the company carries out its business operations in South Africa.