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Northrop Grumman's change in inventory for the quarter that ended in Mar. 2026 was $-144 Mil. It means Northrop Grumman's inventory
increased by $144 Mil
from Dec. 2025 to Mar. 2026 .
Northrop Grumman's change in inventory for the fiscal year that ended in Dec. 2025 was $97 Mil. It means Northrop Grumman's inventory
declined by $97 Mil
from Dec. 2024 to Dec. 2025 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Northrop Grumman's Days Inventory for the quarter that ended in Mar. 2026 was 15.89.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Northrop Grumman's Inventory Turnover for the quarter that ended in Mar. 2026 was 5.74.
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.
Northrop Grumman's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.14.
Northrop Grumman (NYSE:NOC) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Northrop Grumman's Days Inventory for the quarter that ended in is calculated as:
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.
Northrop Grumman's Inventory to Revenue for the quarter that ended in Mar. 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.
Northrop Grumman Change In Inventory Related Terms
Northrop Grumman Change In Inventory Historical Data
* Premium members only.
The historical data trend for Northrop Grumman'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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $78 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.
Northrop Grumman (NOC) has a Change In Inventory of $78 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Northrop Grumman and its competitors.
Is Northrop Grumman's Change In Inventory too high?
Northrop Grumman's current Change In Inventory is $78 Mil. Overall, Northrop Grumman has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Northrop Grumman's Change In Inventory compare to HONAV and TDG?
Northrop Grumman's Change In Inventory of $78 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Change In Inventory depends on the Aerospace & Defense 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 Northrop Grumman and its competitors. Northrop Grumman's current Change In Inventory is $78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northrop Grumman stock overvalued right now?
Based on GuruFocus' analysis, Northrop Grumman (NOC) is currently considered Fairly Valued. The stock's GF Value™ is $560.02, compared to a current price of $512.29 — trading 8.5% below its estimated fair value. The current Change In Inventory is $78 Mil. Northrop Grumman's overall GF Score™ is 87/100 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 Northrop Grumman (NOC), the current Change In Inventory is $78 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 Northrop Grumman (NOC) Overvalued in 2026?
Based on GuruFocus' analysis, Northrop Grumman stock appears to be undervalued.
The current stock price of $512.29 is trading 8.5% below its estimated GF Value™ of $560.02.
GuruFocus considers Northrop Grumman to be Fairly Valued.
Key valuation signals for NOC:
Change In Inventory: $78 Mil
GF Value™: $560.02 vs. price of $512.29 (8.5% below fair value)
No single metric tells the full story. See the NOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber, creates the fuselage for the massive F-35 program, and maintains and upgrades numerous other military aircraft. Defense systems makes artillery and missile ammunition and guidance systems, long-range missiles, and missile defense systems. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Space systems produces satellites, sensors, space structures, and rocket motors.
87GF Score
Get the complete analysis for NOC
Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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