South Ocean Holdings (JSE:SOH) Inventory Turnover: 1.85 (As of Dec. 2025)

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JSE:SOH South Ocean Holdings Ltd JSE:SOH
50 GF Score
Price R0.94
GF Value R1.56
Valuation Possible Value Trap
! 10 Warning Signs
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What is South Ocean Holdings Inventory Turnover?

South Ocean Holdings JSE:SOH -14.55% 50 Inventory Turnover is 1.85 as of Dec. 2025. GuruFocus rates JSE:SOH with a GF Score™ of 50/100 and a GF Value™ of R1.56 (Possible Value Trap). The stock has 10 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. South Ocean Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was R1,270 Mil. South Ocean Holdings's Average Total Inventories for the quarter that ended in Dec. 2025 was R685 Mil. South Ocean Holdings's Inventory Turnover for the quarter that ended in Dec. 2025 was 1.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. South Ocean Holdings's Days Inventory for the six months ended in Dec. 2025 was 98.42.

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. South Ocean Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.52.


South Ocean Holdings  (JSE:SOH) 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.

South Ocean Holdings's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=684.87/1270.008*365 / 2
=98.42

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.

South Ocean Holdings's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=684.87 / 1325.841
=0.52

* 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.


South Ocean Holdings Inventory Turnover Related Terms


South Ocean Holdings Inventory Turnover Historical Data

* Premium members only.

The historical data trend for South Ocean Holdings'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.

South Ocean Holdings Inventory Turnover Chart

South Ocean Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.32 6.90 6.32 5.43 3.81

South Ocean Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.45 2.24 2.05 2.05 1.85
JSE:SOH
50GF Score
South Ocean Holdings Ltd JSE:SOH
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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South Ocean Holdings Inventory Turnover Calculation

South Ocean Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=2421.876 / ((510.973 + 759.208) / 2 )
=2421.876 / 635.0905
=3.81

South Ocean Holdings's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=1270.008 / ((610.532 + 759.208) / 2 )
=1270.008 / 684.87
=1.85

* 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 1.85 mean?
South Ocean Holdings (JSE:SOH) has a Inventory Turnover of 1.85 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on South Ocean Holdings and its competitors.
Is South Ocean Holdings' Inventory Turnover too high?
South Ocean Holdings' current Inventory Turnover is 1.85. Overall, South Ocean Holdings has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does South Ocean Holdings' Inventory Turnover compare to VRT and BE?
South Ocean Holdings' Inventory Turnover of 1.85 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Inventory Turnover depends on the Industrial Products 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 South Ocean Holdings and its competitors. South Ocean Holdings's current Inventory Turnover is 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Ocean Holdings stock overvalued right now?
Based on GuruFocus' analysis, South Ocean Holdings (JSE:SOH) is currently considered Possible Value Trap. The stock's GF Value™ is R1.56, compared to a current price of R0.94 — trading 39.7% below its estimated fair value. The current Inventory Turnover is 1.85. South Ocean Holdings' overall GF Score™ is 50/100 with 10 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 South Ocean Holdings (JSE:SOH), the current Inventory Turnover is 1.85 as of Dec. 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 South Ocean Holdings (JSE:SOH) Overvalued in 2026?

Based on GuruFocus' analysis, South Ocean Holdings stock appears to be undervalued. The current stock price of R0.94 is trading 39.7% below its estimated GF Value™ of R1.56. GuruFocus considers South Ocean Holdings to be Possible Value Trap.

Key valuation signals for JSE:SOH:

  • Inventory Turnover: 1.85
  • GF Value™: R1.56 vs. price of R0.94 (39.7% below fair value)
  • GF Score™: 50/100 with 10 warning signs

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


South Ocean Holdings Business Description

Address 16 Botha Street, Alrode, ZAF, 1451
South Ocean Holdings Ltd is an investment holding company. The Company through its subsidiaries manufactures electrical wires, imports and distributes electrical accessories, general-purpose insulated wire, a range of flexible conductors, steel wire armored cables, flat-twin and earth cables, aluminum conductor steel reinforced (ACSR) cables, aerial bundle conductors (ABC) and surface wire investment company and light fittings assembly. The operating segments of the company include Electrical cable manufacturing; and Property investments. The company earns maximum revenue from Electrical cable manufacturing segment which consists manufacturing and distribution of electric wire. The group operates in South Africa.
50GF Score

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

R0.94
Price
R1.56
GF Value