MERFF (Merafe Resources) Inventory Turnover: 0.05 (As of Dec. 2025)

What is Merafe Resources Inventory Turnover?

Merafe Resources MERFF 64 Inventory Turnover is 0.05 as of Dec. 2025. GuruFocus rates MERFF with a GF Score™ of 64/100 and a GF Value™ of $0.17. The stock has 9 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. Merafe Resources's Cost of Goods Sold for the six months ended in Dec. 2025 was $5.7 Mil. Merafe Resources's Average Total Inventories for the quarter that ended in Dec. 2025 was $125.8 Mil. Merafe Resources's Inventory Turnover for the quarter that ended in Dec. 2025 was 0.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Merafe Resources's Days Inventory for the six months ended in Dec. 2025 was 4,049.96.

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. Merafe Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.65.

Merafe Resources (OTCPK:MERFF) 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.

Merafe Resources'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
	=	125.7595	/	5.667	*	365 / 2
	=	4,049.96

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.

Merafe Resources'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 )
	=	125.7595	/	194.644
	=	0.65

* 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.

Merafe Resources Inventory Turnover Related Terms

Merafe Resources Inventory Turnover Historical Data

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The historical data trend for Merafe Resources's Inventory Turnover can be seen below:

Merafe Resources Inventory Turnover Chart

Merafe Resources Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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0.07

0.11

0.19

0.11

Merafe Resources 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															0.06	0.09	0.11	0.05	0.05

64GF Score

Merafe Resources Ltd MERFF

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Merafe Resources Inventory Turnover Calculation

Merafe Resources'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 )
=	11.962	/ (	(98.5	+	112.793)	/	2 )
=	11.962	/	105.6465
=	0.11

Merafe Resources'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 )
=	5.667	/ (	(138.726	+	112.793)	/	2 )
=	5.667	/	125.7595
=	0.05

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.05 mean?

Merafe Resources (MERFF) has a Inventory Turnover of 0.05 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Merafe Resources and its competitors.

Is Merafe Resources' Inventory Turnover too high?

Merafe Resources' current Inventory Turnover is 0.05. Overall, Merafe Resources has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.

How does Merafe Resources' Inventory Turnover compare to competitors?

Merafe Resources' Inventory Turnover of 0.05 can be compared against companies in the Metals & Mining 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 Metals & Mining company?

A good Inventory Turnover depends on the Metals & Mining 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 Merafe Resources and its competitors. Merafe Resources's current Inventory Turnover is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Merafe Resources stock overvalued right now?

Merafe Resources (MERFF) has a current Inventory Turnover of 0.05. The stock's GF Value™ is $0.17, compared to a current price of $0.22 — trading 28.1% above its estimated fair value. The current Inventory Turnover is 0.05. Merafe Resources' overall GF Score™ is 64/100 with 9 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 Merafe Resources (MERFF), the current Inventory Turnover is 0.05 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 Merafe Resources (MERFF) Overvalued in 2026?

Based on GuruFocus' analysis, Merafe Resources stock appears to be overvalued. The current stock price of $0.22 is trading 28.1% above its estimated GF Value™ of $0.17.

Key valuation signals for MERFF:

Inventory Turnover: 0.05
GF Value™: $0.17 vs. price of $0.22 (28.1% above fair value)
GF Score™: 64/100 with 9 warning signs

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

Merafe Resources Business Description

Industry Basic Materials Metals & Mining

Comparable Companies JSE:WEZ JSE:MTU ASX:BHP ASX:RIO LSE:RIO MEX:GMEXICOB LSE:GLEN BSP:VALE3 SAU:1211 LSE:AAL HKSE:03993 ASX:FMG SZSE:000657 TSX:TECK.B SHSE:600111 BOM:500188 SHSE:600549 MEX:PE&OLES OSTO:BOL CAS:MNG

Other Exchanges MRF:South Africa RZT:Germany

Address 35 Ballyclare Drive, Building B, 2nd Floor, Ballyoaks Office Park, Bryanston, Johannesburg, GT, ZAF, 2191

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

Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namel Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals. Geographically, it has its presence in Africa, Americas, Asia, China, Indonesia, Other Asia, and Europe.

64GF Score

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

$0.22

Price

$0.17

GF Value

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