HAL (Halliburton Co) Days Inventory: 59.22 (As of Mar. 2026) — Near Median


HAL Halliburton Co HAL
73 GF Score
Price $33.94
GF Value $33.37
Valuation Fairly Valued
! 2 Warning Signs
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What is Halliburton Co Days Inventory?

Halliburton Co HAL -2.11% 73 Days Inventory is 59.22 as of Mar. 2026, which is 0% below its 10-year median of 59.43. GuruFocus rates HAL with a GF Score™ of 73/100 and a GF Value™ of $33.37 (Fairly Valued). The stock has 2 warning signs investors should review. Among 685 Oil & Gas companies, Halliburton Co ranks worse than 73.58% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Halliburton Co's Average Total Inventories for the three months ended in Mar. 2026 was $2,998 Mil. Halliburton Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $4,619 Mil. Hence, Halliburton Co's Days Inventory for the three months ended in Mar. 2026 was 59.22.

The historical rank and industry rank for Halliburton Co's Days Inventory or its related term are showing as below:

HAL' s Days Inventory Range Over the Past 10 Years
Min: 46.47   Med: 59.43   Max: 77.64
Current: 59.1

During the past 13 years, Halliburton Co's highest Days Inventory was 77.64. The lowest was 46.47. And the median was 59.43.

HAL's Days Inventory is ranked worse than
73.58% of 685 companies
in the Oil & Gas industry
Industry Median: 30.99 vs HAL: 59.10

Halliburton Co's Days Inventory declined from Mar. 2025 (61.17) to Mar. 2026 (59.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Halliburton Co's Inventory Turnover for the three months ended in Mar. 2026 was 1.54.

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. Halliburton Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.55.


Halliburton Co  (NYSE:HAL) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Halliburton Co's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. 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.

Halliburton Co's Inventory to Revenue for the three months 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Halliburton Co Days Inventory Related Terms


Halliburton Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Halliburton Co's Days 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.

Halliburton Co Days Inventory Chart

Halliburton Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.73 56.78 60.15 61.34 58.71

Halliburton Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 61.17 59.47 59.30 58.60 59.22

HAL vs FTI, WFRD, NOV: Days Inventory Comparison

For the Oil & Gas Equipment & Services subindustry, Halliburton Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Halliburton Co Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Halliburton Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Halliburton Co's Days Inventory falls into.


HAL
73GF Score
Halliburton Co HAL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Halliburton Co Days Inventory Calculation

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

Halliburton Co's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (3040 + 2976) / 2 ) / 18700*365
=3008 / 18700*365
=58.71

Halliburton Co's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2976 + 3019) / 2 ) / 4619*365 / 4
=2997.5 / 4619*365 / 4
=59.22

* 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 Days Inventory →
What does a Days Inventory of 59.22 mean?
Halliburton Co (HAL) has a Days Inventory of 59.22 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Halliburton Co and its competitors. This is near median its historical median of 59.43. Over the past decade, Halliburton Co's Days Inventory has ranged from 46.47 to 77.64. According to the industry distribution chart, Halliburton Co ranks #504 out of 685 companies in the Oil & Gas industry, placing it in the top 73.6%.
Is Halliburton Co's Days Inventory too high?
Halliburton Co's current Days Inventory of 59.22 is near median its 10-year median of 59.43. Over the past 10 years, this metric has ranged from a low of 46.47 to a high of 77.64. The Oil & Gas industry median Days Inventory is 30.99. Halliburton Co's value of 59.22 is 91.1% above this industry median. Based on the distribution chart, Halliburton Co ranks #504 out of 685 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Halliburton Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halliburton Co's Days Inventory compare to FTI and WFRD?
According to the Oil & Gas industry distribution chart, Halliburton Co ranks #504 out of 685 companies for Days Inventory. This places Halliburton Co in the lower half of its industry. The industry median Days Inventory is 30.99. Halliburton Co's value of 59.22 is 91.1% above this benchmark. Historically, Halliburton Co's own Days Inventory has ranged from 46.47 to 77.64 over the past decade. While the company's 10-year median is 59.43 vs. the industry median of 30.99, Halliburton Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 30.99, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Halliburton Co's current Days Inventory of 59.22 is 91.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Halliburton Co and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halliburton Co's current Days Inventory is 59.22, which is near median its own 10-year median of 59.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halliburton Co stock overvalued right now?
Based on GuruFocus' analysis, Halliburton Co (HAL) is currently considered Fairly Valued. The stock's GF Value™ is $33.37, compared to a current price of $33.94 — trading 1.7% above its estimated fair value. The current Days Inventory is 59.22, which is near median its 10-year median of 59.43 and 91.1% above the Oil & Gas industry median of 30.99. Halliburton Co's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Halliburton Co (HAL), the current Days Inventory is 59.22 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 Halliburton Co (HAL) Overvalued in 2026?

Based on GuruFocus' analysis, Halliburton Co stock appears to be overvalued. The current stock price of $33.94 is trading 1.7% above its estimated GF Value™ of $33.37. GuruFocus considers Halliburton Co to be Fairly Valued.

Key valuation signals for HAL:

  • Days Inventory: 59.22 (near median its 10-year median of 59.43)
  • GF Value™: $33.37 vs. price of $33.94 (1.7% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 91.1% above the Oil & Gas median (#504 of 685)

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


Halliburton Co Business Description

Industry EnergyOil & Gas
Address 3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
Halliburton is North America's largest oilfield-services company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as the directional drilling market. While we consider SLB the global leader in reservoir evaluation, we think Halliburton leads in any activity from the reservoir to the wellbore. Halliburton's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been honed over a century of operations.
73GF Score

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

$33.94
Price
$33.37
GF Value