Salungano Group (JSE:SLG) Inventory Turnover: 11.92 (As of Mar. 2026)


JSE:SLG Salungano Group Ltd JSE:SLG
30 GF Score
Price R0.80
GF Value R0.53
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Salungano Group Inventory Turnover?

Salungano Group JSE:SLG 30 Inventory Turnover is 11.92 as of Mar. 2026. GuruFocus rates JSE:SLG with a GF Score™ of 30/100 and a GF Value™ of R0.53 (Significantly Overvalued). The stock has 3 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. Salungano Group's Cost of Goods Sold for the six months ended in Mar. 2026 was R1,184 Mil. Salungano Group's Average Total Inventories for the quarter that ended in Mar. 2026 was R99 Mil. Salungano Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 11.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Salungano Group's Days Inventory for the six months ended in Mar. 2026 was 15.31.

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. Salungano Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.07.

Salungano Group  (JSE:SLG) 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.

Salungano 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
=99.355/1183.985*365 / 2
=15.31

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.

Salungano 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 )
=99.355 / 1436.447
=0.07

* 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.

Salungano Group Inventory Turnover Related Terms

Salungano Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Salungano 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.

Salungano Group Inventory Turnover Chart

Salungano Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.35 10.99 12.13 39.07 36.37

Salungano Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.42 14.26 19.90 36.22 11.92
JSE:SLG
30GF Score
Salungano Group Ltd JSE:SLG
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Salungano Group Inventory Turnover Calculation

Salungano 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 )
=3793.106 / ((76.963 + 131.597) / 2 )
=3793.106 / 104.28
=36.37

Salungano 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 )
=1183.985 / ((67.113 + 131.597) / 2 )
=1183.985 / 99.355
=11.92

* 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 11.92 mean?
Salungano Group (JSE:SLG) has a Inventory Turnover of 11.92 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Salungano Group and its competitors.
Is Salungano Group's Inventory Turnover too high?
Salungano Group's current Inventory Turnover is 11.92. Overall, Salungano Group has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salungano Group's Inventory Turnover compare to CNR?
Salungano Group's Inventory Turnover of 11.92 can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good Inventory Turnover depends on the Other Energy Sources 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 Salungano Group and its competitors. Salungano Group's current Inventory Turnover is 11.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salungano Group stock overvalued right now?
Based on GuruFocus' analysis, Salungano Group (JSE:SLG) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.53, compared to a current price of R0.80 — trading 50.9% above its estimated fair value. The current Inventory Turnover is 11.92. Salungano Group's overall GF Score™ is 30/100 with 3 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 Salungano Group (JSE:SLG), the current Inventory Turnover is 11.92 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 Salungano Group (JSE:SLG) Overvalued in 2026?

Based on GuruFocus' analysis, Salungano Group stock appears to be overvalued. The current stock price of R0.80 is trading 50.9% above its estimated GF Value™ of R0.53. GuruFocus considers Salungano Group to be Significantly Overvalued.

Key valuation signals for JSE:SLG:

  • Inventory Turnover: 11.92
  • GF Value™: R0.53 vs. price of R0.80 (50.9% above fair value)
  • GF Score™: 30/100 with 3 warning signs

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

Salungano Group Business Description

Address 142 Western Service Road, First Floor, Building 10, Woodmead Business Park, Woodmead, Sandton, Johannesburg, GT, ZAF, 2191
Salungano Group Ltd is a South African firm mainly engaged in the mining, processing, sale, and distribution of thermal coal. Along with its subsidiaries, it operates in the following reportable segments: Mining, Trading, Property rental and other, and Investment holding. The majority of its revenue is generated from the Mining segment, which is involved in the exploration, beneficiation, and mining of bituminous coal. The mining operations of the Group are carried out at Elandspruit, Khanyisa, Vanggatfontein, Arnot, and Moabsvelden mining complexes. The Trading segment buys and sells coal to inland customers, and the property rental segment rents property to other segments within the group.
30GF Score

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

R0.80
Price
R0.53
GF Value