Akita Drilling (FRA:7740) Change In Inventory: €0.0 Mil (TTM As of Jun. 2026)

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FRA:7740 Akita Drilling Ltd FRA:7740
56 GF Score
Price €2.16
GF Value €1.26
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Akita Drilling Change In Inventory?

Akita Drilling FRA:7740 +0.47% 56 Change In Inventory is €0.0 Mil as of Jun. 2026. GuruFocus rates FRA:7740 with a GF Score™ of 56/100 and a GF Value™ of €1.26 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Akita Drilling's change in inventory for the quarter that ended in Jun. 2026 was €0.0 Mil. It means Akita Drilling's inventory stayed the same from Mar. 2026 to Jun. 2026 .

Akita Drilling's change in inventory for the fiscal year that ended in Dec. 2025 was €0.0 Mil. It means Akita Drilling's inventory stayed the same from Dec. 2024 to Dec. 2025 .

Akita Drilling's Total Inventories for the quarter that ended in Jun. 2026 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Akita Drilling's Days Inventory for the quarter that ended in Jun. 2026 was 0.00.

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

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. Akita Drilling's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.00.

Akita Drilling  (FRA:7740) Change In Inventory Explanation

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

Akita Drilling's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0/28.534*365 / 4
=0.00

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

Akita Drilling's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=28.534 / 0
=N/A

3. 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.

Akita Drilling's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 28.68
=0.00

* 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.

Akita Drilling Change In Inventory Related Terms

Akita Drilling Change In Inventory Historical Data

* Premium members only.

The historical data trend for Akita Drilling's Change In Inventory 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.

Akita Drilling Change In Inventory Chart

Akita Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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Akita Drilling Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Inventory 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 0.00 0.00 0.00 0.00 0.00
FRA:7740
56GF Score
Akita Drilling Ltd FRA:7740
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Akita Drilling Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

* 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 Change In Inventory →
What does a Change In Inventory of €0.0 Mil mean?
Akita Drilling (FRA:7740) has a Change In Inventory of €0.0 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Akita Drilling and its competitors.
Is Akita Drilling's Change In Inventory too high?
Akita Drilling's current Change In Inventory is €0.0 Mil. Overall, Akita Drilling has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akita Drilling's Change In Inventory compare to NE and RIG?
Akita Drilling's Change In Inventory of €0.0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Oil & Gas company?
A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Akita Drilling and its competitors. Akita Drilling's current Change In Inventory is €0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akita Drilling stock overvalued right now?
Based on GuruFocus' analysis, Akita Drilling (FRA:7740) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.26, compared to a current price of €2.16 — trading 71.4% above its estimated fair value. The current Change In Inventory is €0.0 Mil. Akita Drilling's overall GF Score™ is 56/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Akita Drilling (FRA:7740), the current Change In Inventory is €0.0 Mil as of Jun. 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 Akita Drilling (FRA:7740) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of €2.16 is trading 71.4% above its estimated GF Value™ of €1.26. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for FRA:7740:

  • Change In Inventory: €0.0 Mil
  • GF Value™: €1.26 vs. price of €2.16 (71.4% above fair value)
  • GF Score™: 56/100 with 2 warning signs

No single metric tells the full story. See the FRA:7740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Akita Drilling Business Description

Industry EnergyOil & Gas
Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.
56GF Score

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

€2.16
Price
€1.26
GF Value