CNX Resources (FRA:CGD) Days Inventory: 9.13 (As of Mar. 2026) — 77% Above Median

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FRA:CGD CNX Resources Corp FRA:CGD
63 GF Score
Price €27.93
GF Value €36.64
Valuation Modestly Undervalued
! 6 Warning Signs
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What is CNX Resources Days Inventory?

CNX Resources FRA:CGD -1.79% 63 Days Inventory is 9.13 as of Mar. 2026, which is 77% above its 10-year median of 5.16. GuruFocus rates FRA:CGD with a GF Score™ of 63/100 and a GF Value™ of €36.64 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 685 Oil & Gas companies, CNX Resources ranks better than 78.83% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). CNX Resources's Average Total Inventories for the three months ended in Mar. 2026 was €24 Mil. CNX Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was €242 Mil. Hence, CNX Resources's Days Inventory for the three months ended in Mar. 2026 was 9.13.

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

FRA:CGD' s Days Inventory Range Over the Past 10 Years
Min: 2.79   Med: 5.16   Max: 15.53
Current: 9.81

During the past 13 years, CNX Resources's highest Days Inventory was 15.53. The lowest was 2.79. And the median was 5.16.

FRA:CGD's Days Inventory is ranked better than
78.83% of 685 companies
in the Oil & Gas industry
Industry Median: 30.99 vs FRA:CGD: 9.81

CNX Resources's Days Inventory increased from Mar. 2025 (7.34) to Mar. 2026 (9.13). It might indicate that CNX Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CNX Resources's Inventory Turnover for the three months ended in Mar. 2026 was 10.00.

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. CNX Resources's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.04.


CNX Resources  (FRA:CGD) 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.

CNX Resources'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.

CNX Resources'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.


CNX Resources Days Inventory Related Terms


CNX Resources Days Inventory Historical Data

* Premium members only.

The historical data trend for CNX Resources'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.

CNX Resources Days Inventory Chart

CNX Resources 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 2.67 5.33 8.93 5.99 6.86

CNX Resources 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 7.34 10.64 11.16 9.22 9.13

FRA:CGD vs CRC, MGY, MUR: Days Inventory Comparison

For the Oil & Gas E&P subindustry, CNX Resources'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.


CNX Resources Days Inventory vs Oil & Gas Industry

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

* The bar in red indicates where CNX Resources's Days Inventory falls into.


FRA:CGD
63GF Score
CNX Resources Corp FRA:CGD
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CNX Resources Days Inventory Calculation

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

CNX Resources'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
=( (13.916 + 22.376) / 2 ) / 965.431*365
=18.146 / 965.431*365
=6.86

CNX Resources'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
=( (22.376 + 26.043) / 2 ) / 242.049*365 / 4
=24.2095 / 242.049*365 / 4
=9.13

* 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 9.13 mean?
CNX Resources (FRA:CGD) has a Days Inventory of 9.13 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on CNX Resources and its competitors. This is 77% above median its historical median of 5.16. Over the past decade, CNX Resources' Days Inventory has ranged from 2.79 to 15.53. According to the industry distribution chart, CNX Resources ranks #145 out of 685 companies in the Oil & Gas industry, placing it in the top 21.2%.
Is CNX Resources' Days Inventory too high?
CNX Resources' current Days Inventory of 9.13 is 77% above median its 10-year median of 5.16. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 15.53. The Oil & Gas industry median Days Inventory is 30.99. CNX Resources' value of 9.13 is 70.5% below this industry median. Based on the distribution chart, CNX Resources ranks #145 out of 685 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, CNX Resources has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CNX Resources' Days Inventory compare to CRC and MGY?
According to the Oil & Gas industry distribution chart, CNX Resources ranks #145 out of 685 companies for Days Inventory. This places CNX Resources in the top 21% of its industry — outperforming the majority of peers. The industry median Days Inventory is 30.99. CNX Resources' value of 9.13 is 70.5% below this benchmark. Historically, CNX Resources' own Days Inventory has ranged from 2.79 to 15.53 over the past decade. While the company's 10-year median is 5.16 vs. the industry median of 30.99, CNX Resources has consistently been below 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. CNX Resources's current Days Inventory of 9.13 is 70.5% below 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 CNX Resources 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. CNX Resources's current Days Inventory is 9.13, which is 77% above median its own 10-year median of 5.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNX Resources stock overvalued right now?
Based on GuruFocus' analysis, CNX Resources (FRA:CGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €36.64, compared to a current price of €27.93 — trading 23.8% below its estimated fair value. The current Days Inventory is 9.13, which is 77% above median its 10-year median of 5.16 and 70.5% below the Oil & Gas industry median of 30.99. CNX Resources' overall GF Score™ is 63/100 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 CNX Resources (FRA:CGD), the current Days Inventory is 9.13 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 CNX Resources (FRA:CGD) Overvalued in 2026?

Based on GuruFocus' analysis, CNX Resources stock appears to be undervalued. The current stock price of €27.93 is trading 23.8% below its estimated GF Value™ of €36.64. GuruFocus considers CNX Resources to be Modestly Undervalued.

Key valuation signals for FRA:CGD:

  • Days Inventory: 9.13 (77% above median its 10-year median of 5.16)
  • GF Value™: €36.64 vs. price of €27.93 (23.8% below fair value)
  • GF Score™: 63/100 with 6 warning signs
  • Industry Position: 70.5% below the Oil & Gas median (#145 of 685)

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


CNX Resources Business Description

Industry EnergyOil & Gas
Other Exchanges CNX:USACGD:Germany
Address 1000 Horizon Vue Drive, CNX Center, Canonsburg, PA, USA, 15317-6506
CNX Resources Corp is an independent natural gas development, production, midstream and technology company centered in the Appalachian Basin. It is focused on unconventional shale formations, prominently the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, the company operates and develops Coalbed Methane (CBM) properties in Virginia. the company has two reportable segments: Shale and Coalbed Methane. The majority of the company's revenue is derived from the Shale segment.
63GF Score

Get the complete analysis for FRA:CGD

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

€27.93
Price
€36.64
GF Value