TNGRF (Thungela Resources) Inventory Turnover: 2.05 (As of Dec. 2025)


TNGRF Thungela Resources Ltd TNGRF
69 GF Score
Price $5.67
GF Value $7.08
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Thungela Resources Inventory Turnover?

Thungela Resources TNGRF -1.48% 69 Inventory Turnover is 2.05 as of Dec. 2025. GuruFocus rates TNGRF with a GF Score™ of 69/100 and a GF Value™ of $7.08 (Modestly Undervalued). The stock has 7 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. Thungela Resources's Cost of Goods Sold for the six months ended in Dec. 2025 was $381 Mil. Thungela Resources's Average Total Inventories for the quarter that ended in Dec. 2025 was $186 Mil. Thungela Resources's Inventory Turnover for the quarter that ended in Dec. 2025 was 2.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thungela Resources's Days Inventory for the six months ended in Dec. 2025 was 88.91.

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. Thungela Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.21.

Thungela Resources  (OTCPK:TNGRF) 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.

Thungela 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
=185.8485/381.46*365 / 2
=88.91

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.

Thungela 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 )
=185.8485 / 878.409
=0.21

* 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.

Thungela Resources Inventory Turnover Related Terms

Thungela Resources Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Thungela Resources'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.

Thungela Resources Inventory Turnover Chart

Thungela Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 3.15 3.57 2.68 4.15 4.06

Thungela Resources Semi-Annual Data
Dec18 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 1.66 2.13 2.40 1.87 2.05
TNGRF
69GF Score
Thungela Resources Ltd TNGRF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Thungela Resources Inventory Turnover Calculation

Thungela 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 )
=755.494 / ((189.042 + 182.918) / 2 )
=755.494 / 185.98
=4.06

Thungela 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 )
=381.46 / ((188.779 + 182.918) / 2 )
=381.46 / 185.8485
=2.05

* 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 2.05 mean?
Thungela Resources (TNGRF) has a Inventory Turnover of 2.05 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Thungela Resources and its competitors.
Is Thungela Resources' Inventory Turnover too high?
Thungela Resources' current Inventory Turnover is 2.05. Overall, Thungela Resources has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thungela Resources' Inventory Turnover compare to CNR?
Thungela Resources' Inventory Turnover of 2.05 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 Thungela Resources and its competitors. Thungela Resources's current Inventory Turnover is 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thungela Resources stock overvalued right now?
Based on GuruFocus' analysis, Thungela Resources (TNGRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.08, compared to a current price of $5.67 — trading 20% below its estimated fair value. The current Inventory Turnover is 2.05. Thungela Resources' overall GF Score™ is 69/100 with 7 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 Thungela Resources (TNGRF), the current Inventory Turnover is 2.05 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 Thungela Resources (TNGRF) Overvalued in 2026?

Based on GuruFocus' analysis, Thungela Resources stock appears to be undervalued. The current stock price of $5.67 is trading 20% below its estimated GF Value™ of $7.08. GuruFocus considers Thungela Resources to be Modestly Undervalued.

Key valuation signals for TNGRF:

  • Inventory Turnover: 2.05
  • GF Value™: $7.08 vs. price of $5.67 (20% below fair value)
  • GF Score™: 69/100 with 7 warning signs

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

Thungela Resources Business Description

Address 25 Bath Avenue, Rosebank, Johannesburg, GT, ZAF, 2196
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal with operations in South Africa and Australia. The group focuses on high-quality coal reserves and marketable production, positioning as a key player in the energy market by delivering coal through world-class ports, and powering nations. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining, and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa. Its operational segments are Opencast, Underground, and Services.
69GF Score

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

$5.67
Price
$7.08
GF Value