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NOV's change in inventory for the quarter that ended in Jun. 2026 was MXN-1,378 Mil. It means NOV's inventory
increased by MXN1,378 Mil
from Mar. 2026 to Jun. 2026 .
NOV's change in inventory for the fiscal year that ended in Dec. 2025 was MXN1,747 Mil. It means NOV's inventory
declined by MXN1,747 Mil
from Dec. 2024 to Dec. 2025 .
NOV's Total Inventories for the quarter that ended in Jun. 2026 was MXN33,973 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NOV's Days Inventory for the quarter that ended in Jun. 2026 was 109.85.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NOV's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.83.
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.
NOV's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.91.
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.
NOV's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as
* 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.
NOV Change In Inventory Related Terms
NOV Change In Inventory Historical Data
* Premium members only.
The historical data trend for NOV'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.
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 MXN-935 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.
What does a Change In Inventory of MXN-935 Mil mean?
NOV (MEX:NOV) has a Change In Inventory of MXN-935 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for NOV and its competitors.
Is NOV's Change In Inventory too high?
NOV's current Change In Inventory is MXN-935 Mil. Overall, NOV has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does NOV's Change In Inventory compare to WFRD and AROC?
NOV's Change In Inventory of MXN-935 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 NOV and its competitors. NOV's current Change In Inventory is MXN-935 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOV stock overvalued right now?
NOV (MEX:NOV) has a current Change In Inventory of MXN-935 Mil. The stock's GF Value™ is MXN302.21, compared to a current price of MXN313.00 — trading 3.6% above its estimated fair value. The current Change In Inventory is MXN-935 Mil. NOV's overall GF Score™ is 72/100 with 9 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 NOV (MEX:NOV), the current Change In Inventory is MXN-935 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 NOV (MEX:NOV) Overvalued in 2026?
Based on GuruFocus' analysis, NOV stock appears to be overvalued.
The current stock price of MXN313.00 is trading 3.6% above its estimated GF Value™ of MXN302.21.
Key valuation signals for MEX:NOV:
Change In Inventory: MXN-935 Mil
GF Value™: MXN302.21 vs. price of MXN313.00 (3.6% above fair value)
No single metric tells the full story. See the MEX:NOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NOV (formerly National Oilwell Varco) designs, manufactures, and sells a wide range of equipment and components supplying the oil and gas industry, including rig equipment, downhole tools, drill pipe, and well casing. NOV's customers include major integrated oil companies, national oil companies, independent oil and gas companies, and drilling contractors. Its operations are organized into two reportable segments: energy products and services and energy equipment. NOV operates on a global scale, with international markets contributing nearly two-thirds of its annual revenue.
72GF Score
Get the complete analysis for MEX:NOV
Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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