Premier Group (JSE:PMR) Inventory Turnover: 2.04 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:PMR Premier Group Ltd JSE:PMR
61 GF Score
Price R195.80
GF Value R146.22
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Premier Group Inventory Turnover?

Premier Group JSE:PMR +1.65% 61 Inventory Turnover is 2.04 as of Mar. 2026. GuruFocus rates JSE:PMR with a GF Score™ of 61/100 and a GF Value™ of R146.22 (Significantly Overvalued). 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. Premier Group's Cost of Goods Sold for the six months ended in Mar. 2026 was R6,899 Mil. Premier Group's Average Total Inventories for the quarter that ended in Mar. 2026 was R3,383 Mil. Premier Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Premier Group's Days Inventory for the six months ended in Mar. 2026 was 89.50.

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. Premier Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.

Premier Group  (JSE:PMR) 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.

Premier Group's Days Inventory for the six months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=3383.291/6899.108*365 / 2
=89.50

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.

Premier Group's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=3383.291 / 10874.804
=0.31

* 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.

Premier Group Inventory Turnover Related Terms

Premier Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Premier Group'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.

Premier Group Inventory Turnover Chart

Premier Group Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
5.99 6.21 5.50 6.01 4.00

Premier Group Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial 2.89 2.93 2.98 2.93 2.04
JSE:PMR
61GF Score
Premier Group Ltd JSE:PMR
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premier Group Inventory Turnover Calculation

Premier Group's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=13529.193 / ((2260.585 + 4497.224) / 2 )
=13529.193 / 3378.9045
=4.00

Premier Group's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=6899.108 / ((2269.358 + 4497.224) / 2 )
=6899.108 / 3383.291
=2.04

* 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 2.04 mean?
Premier Group (JSE:PMR) has a Inventory Turnover of 2.04 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Premier Group and its competitors.
Is Premier Group's Inventory Turnover too high?
Premier Group's current Inventory Turnover is 2.04. Overall, Premier Group has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premier Group's Inventory Turnover compare to KR and SFM?
Premier Group's Inventory Turnover of 2.04 can be compared against companies in the Retail - Defensive 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 - Defensive company?
A good Inventory Turnover depends on the Retail - Defensive 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 Premier Group and its competitors. Premier Group's current Inventory Turnover is 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Group stock overvalued right now?
Based on GuruFocus' analysis, Premier Group (JSE:PMR) is currently considered Significantly Overvalued. The stock's GF Value™ is R146.22, compared to a current price of R195.80 — trading 33.9% above its estimated fair value. The current Inventory Turnover is 2.04. Premier Group's overall GF Score™ is 61/100 with 5 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 Premier Group (JSE:PMR), the current Inventory Turnover is 2.04 as of Mar. 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 Premier Group (JSE:PMR) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Group stock appears to be overvalued. The current stock price of R195.80 is trading 33.9% above its estimated GF Value™ of R146.22. GuruFocus considers Premier Group to be Significantly Overvalued.

Key valuation signals for JSE:PMR:

  • Inventory Turnover: 2.04
  • GF Value™: R146.22 vs. price of R195.80 (33.9% above fair value)
  • GF Score™: 61/100 with 5 warning signs

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

Premier Group Business Description

Address Maxwell Office Park, Building 5, Magwa Crescent West, Isando, ZAF, 1600
Premier Group Ltd is engaged in the manufacturing and distribution of staple milling and baking products, confectionery and home and personal care (HPC) products. The company is organized into two segments Millbake and Groceries and International. It derives maximum revenue from Millbake segment.
61GF Score

Get the complete analysis for JSE:PMR

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

R195.80
Price
R146.22
GF Value