Afrimat (JSE:AFT) Total Inventories: R1,603 Mil (As of Feb. 2026)


JSE:AFT Afrimat Ltd JSE:AFT
72 GF Score
Price R28.21
GF Value R97.07
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Afrimat Total Inventories?

Afrimat JSE:AFT -2.72% 72 Total Inventories is R1,603 Mil as of Feb. 2026. GuruFocus rates JSE:AFT with a GF Score™ of 72/100 and a GF Value™ of R97.07 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Afrimat's total inventories for the quarter that ended in Feb. 2026 was R1,603 Mil. Afrimat's average total inventories from the quarter that ended in Aug. 2025 to the quarter that ended in Feb. 2026 was R1,505 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Afrimat's Net-Net Working Capital per share for the quarter that ended in Feb. 2026 was R-21.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Afrimat's Days Inventory for the six months ended in Feb. 2026 was 69.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Afrimat's Inventory Turnover for the quarter that ended in Feb. 2026 was 2.64.

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. Afrimat's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.32.


Afrimat  (JSE:AFT) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Afrimat's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2026 is

Net-Net Working Capital Per Share (Q: Feb. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(451.142+0.75 * 1291.703+0.5 * 1603.46-5426.978
-0-63.953)/152.101
=-21.49

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Afrimat's Days Inventory for the six months ended in Feb. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=1505.401/3968.737*365 / 2
=69.22

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Afrimat's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2026 ) / Average Total Inventories (Q: Feb. 2026 )
=3968.737 / 1505.401
=2.64

4. 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.

Afrimat's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=1505.401 / 4678.991
=0.32

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Afrimat Total Inventories Related Terms


Afrimat Total Inventories Historical Data

* Premium members only.

The historical data trend for Afrimat's Total Inventories 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.

Afrimat Total Inventories Chart

Afrimat Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 568.27 458.93 614.19 1,101.39 1,603.46

Afrimat Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Total Inventories 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 614.19 1,204.53 1,101.39 1,407.34 1,603.46
JSE:AFT
72GF Score
Afrimat Ltd JSE:AFT
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Afrimat Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of R1,603 Mil mean?
Afrimat (JSE:AFT) has a Total Inventories of R1,603 Mil as of Feb. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Afrimat and its competitors.
Is Afrimat's Total Inventories too high?
Afrimat's current Total Inventories is R1,603 Mil. Overall, Afrimat has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afrimat's Total Inventories compare to CRH and VMC?
Afrimat's Total Inventories of R1,603 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Building Materials company?
A good Total Inventories depends on the Building Materials industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Afrimat and its competitors. Afrimat's current Total Inventories is R1,603 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrimat stock overvalued right now?
Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R97.07, compared to a current price of R28.21 — trading 70.9% below its estimated fair value. The current Total Inventories is R1,603 Mil. Afrimat's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Afrimat (JSE:AFT), the current Total Inventories is R1,603 Mil as of Feb. 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 Afrimat (JSE:AFT) Overvalued in 2026?

Based on GuruFocus' analysis, Afrimat stock appears to be undervalued. The current stock price of R28.21 is trading 70.9% below its estimated GF Value™ of R97.07. GuruFocus considers Afrimat to be Significantly Undervalued.

Key valuation signals for JSE:AFT:

  • Total Inventories: R1,603 Mil
  • GF Value™: R97.07 vs. price of R28.21 (70.9% below fair value)
  • GF Score™: 72/100 with 6 warning signs

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


Afrimat Business Description

Address Corner Willie van Schoor Avenue and Old Oak Road, Tyger Valley Office Park No. 2, Tyger Valley, Bellville, WC, ZAF, 7530
Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.
72GF Score

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R28.21
Price
R97.07
GF Value