Naspers (JSE:NPN) Total Inventories: R5,812 Mil (As of Mar. 2026)


JSE:NPN Naspers Ltd JSE:NPN
65 GF Score
Price R835.59
GF Value R1,461.81
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Naspers Total Inventories?

Naspers JSE:NPN +1.82% 65 Total Inventories is R5,812 Mil as of Mar. 2026. GuruFocus rates JSE:NPN with a GF Score™ of 65/100 and a GF Value™ of R1,461.81 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Naspers's total inventories for the quarter that ended in Mar. 2026 was R5,812 Mil. Naspers's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Mar. 2026 was R6,130 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Naspers's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was R-912.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Naspers's Days Inventory for the six months ended in Mar. 2026 was 17.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Naspers's Inventory Turnover for the quarter that ended in Mar. 2026 was 10.36.

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. Naspers's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.05.


Naspers  (JSE:NPN) 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.

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

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(241459.35+0.75 * 10183.635+0.5 * 5812.042-433189.732
-0-511091.191)/759.048
=-912.03

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

Naspers'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
=6129.683/63530.474*365 / 2
=17.61

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

Naspers's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=63530.474 / 6129.683
=10.36

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.

Naspers'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 )
=6129.683 / 112740.211
=0.05

* 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.


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.


Naspers Total Inventories Related Terms


Naspers Total Inventories Historical Data

* Premium members only.

The historical data trend for Naspers'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.

Naspers Total Inventories Chart

Naspers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,542.05 7,577.69 6,690.97 5,862.62 5,812.04

Naspers Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 6,690.97 6,826.78 5,862.62 6,447.32 5,812.04
JSE:NPN
65GF Score
Naspers Ltd JSE:NPN
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Naspers 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 R5,812 Mil mean?
Naspers (JSE:NPN) has a Total Inventories of R5,812 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Naspers and its competitors.
Is Naspers' Total Inventories too high?
Naspers' current Total Inventories is R5,812 Mil. Overall, Naspers has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Naspers' Total Inventories compare to AMZN and BABA?
Naspers' Total Inventories of R5,812 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Total Inventories depends on the Retail - Cyclical 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 Naspers and its competitors. Naspers's current Total Inventories is R5,812 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naspers stock overvalued right now?
Based on GuruFocus' analysis, Naspers (JSE:NPN) is currently considered Significantly Undervalued. The stock's GF Value™ is R1,461.81, compared to a current price of R835.59 — trading 42.8% below its estimated fair value. The current Total Inventories is R5,812 Mil. Naspers' overall GF Score™ is 65/100 with 4 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 Naspers (JSE:NPN), the current Total Inventories is R5,812 Mil 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 Naspers (JSE:NPN) Overvalued in 2026?

Based on GuruFocus' analysis, Naspers stock appears to be undervalued. The current stock price of R835.59 is trading 42.8% below its estimated GF Value™ of R1,461.81. GuruFocus considers Naspers to be Significantly Undervalued.

Key valuation signals for JSE:NPN:

  • Total Inventories: R5,812 Mil
  • GF Value™: R1,461.81 vs. price of R835.59 (42.8% below fair value)
  • GF Score™: 65/100 with 4 warning signs

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


Naspers Business Description

Address 40 Heerengracht, Cape Town, WC, ZAF, 8001
Naspers Ltd is an Internet and entertainment group and technology investor in the world. Operating in more than 120 countries and markets with long-term growth potential, Naspers builds companies that empower people and enrich communities. It runs some of the platforms in the internet, video entertainment, and media. Naspers operates in various sectors including online classifieds, food delivery, payments, travel, education, health, and social and internet platforms. People use products and services of companies that Naspers has invested in, acquired, or built, including Azos, PharmEasy, ElasticRun, Alwans, and Vegrow among others. Geographically, the company derives maximum revenue from Europe and the rest from Asia, Africa, Latin America, North America, and other regions.
65GF Score

Get the complete analysis for JSE:NPN

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

R835.59
Price
R1,461.81
GF Value