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Days Inventory is also known as Days Sales of Inventory (DSI). Noble's Average Total Inventories for the
three
months ended in Mar. 2026 was €0 Mil. Noble's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €534 Mil.
Hence, Noble's Days Inventory for the
three
months ended in Mar. 2026 was 0.00.
The historical rank and industry rank for Noble's Days Inventory or its related term are showing as below:
FRA:85V1's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.01 * Ranked among companies with meaningful Days Inventory only.
Noble's Days Inventory
stayed the same
from Mar. 2025 (0.00) to Mar. 2026 (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.
Noble's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.00.
Noble (FRA:85V1) 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.
Noble'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.
Noble'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.
Noble Days Inventory Related Terms
Noble Days Inventory Historical Data
* Premium members only.
The historical data trend for Noble'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.
FRA:85V1 vs RIG, VAL, PTEN: Days Inventory Comparison
For the Oil & Gas Drilling subindustry, Noble'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.
Noble Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Noble's Days Inventory distribution charts can be found below:
* The bar in red indicates where Noble's Days Inventory falls into.
* 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.
Noble (FRA:85V1) has a Days Inventory of 0.00 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Noble and its competitors. According to the industry distribution chart, Noble ranks #999999 out of 685 companies in the Oil & Gas industry.
Is Noble's Days Inventory too high?
Noble's current Days Inventory is 0.00. Based on the distribution chart, Noble ranks #999999 out of 685 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Noble has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noble's Days Inventory compare to RIG and VAL?
According to the Oil & Gas industry distribution chart, Noble ranks #999999 out of 685 companies for Days Inventory. This places Noble in the lower half of its industry. The industry median Days Inventory is 31.01. 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 31.01, 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. 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 Noble and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble stock overvalued right now?
Based on GuruFocus' analysis, Noble (FRA:85V1) is currently considered Fairly Valued. The stock's GF Value™ is €35.01, compared to a current price of €37.00 — trading 5.7% above its estimated fair value. The current Days Inventory is 0.00. Noble's overall GF Score™ is 67/100 with 6 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 Noble (FRA:85V1), the current Days Inventory is 0.00 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 Noble (FRA:85V1) Overvalued in 2026?
Based on GuruFocus' analysis, Noble stock appears to be overvalued.
The current stock price of €37.00 is trading 5.7% above its estimated GF Value™ of €35.01.
GuruFocus considers Noble to be Fairly Valued.
Key valuation signals for FRA:85V1:
Days Inventory: 0.00
GF Value™: €35.01 vs. price of €37.00 (5.7% above fair value)
No single metric tells the full story. See the FRA:85V1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and on deploying its drilling rigs in oil and gas basins around the world. The mobile offshore drilling units comprising the offshore rig fleet operate in international markets for contract drilling services and are often redeployed to different regions due to changing customer demand, which consists mainly of large, integrated, independent, and government-owned or controlled oil and gas companies throughout the world.
67GF Score
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