NOVMEX:NOV 72 Days Inventory is 100.09 as of Mar. 2026, which is 11% below its 10-year median of 112.47. GuruFocus rates MEX:NOV with a GF Score™ of 72/100 and a GF Value™ of MXN323.94. The stock has 5 warning signs investors should review. Among 687 Oil & Gas companies, NOV ranks worse than 85.59% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). NOV's Average Total Inventories for the
three
months ended in Mar. 2026 was MXN33,093 Mil. NOV's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN30,169 Mil.
Hence, NOV's Days Inventory for the
three
months ended in Mar. 2026 was 100.09.
The historical rank and industry rank for NOV's Days Inventory or its related term are showing as below:
MEX:NOV'
s Days Inventory Range Over the Past 10 Years
Min: 97.2 Med: 112.47 Max: 198.66
Current: 98.43
During the past 13 years, NOV's highest Days Inventory was 198.66. The lowest was 97.20. And the median was 112.47.
MEX:NOV's Days Inventory is ranked worse than 85.59% of 687
companies
in the Oil & Gas industry
Industry Median: 31.01
vs MEX:NOV: 98.43
NOV's Days Inventory
declined
from Mar. 2025 (107.77) to Mar. 2026 (100.09).
Inventory Turnover measures how fast the company turns over its inventory within a year.
NOV's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.91.
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
three
months ended in Mar. 2026 was 0.89.
NOV (MEX:NOV) 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.
NOV'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.
NOV'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.
NOV Days Inventory Related Terms
NOV Days Inventory Historical Data
* Premium members only.
The historical data trend for NOV'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.
MEX:NOV vs AROC, WFRD, KGS: Days Inventory Comparison
For the Oil & Gas Equipment & Services subindustry, NOV'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.
NOV Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NOV's Days Inventory distribution charts can be found below:
* The bar in red indicates where NOV'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.
NOV (MEX:NOV) has a Days Inventory of 100.09 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NOV and its competitors. This is 11% below median its historical median of 112.47. Over the past decade, NOV's Days Inventory has ranged from 97.20 to 198.66. According to the industry distribution chart, NOV ranks #588 out of 687 companies in the Oil & Gas industry, placing it in the top 85.6%.
Is NOV's Days Inventory too high?
NOV's current Days Inventory of 100.09 is 11% below median its 10-year median of 112.47. Over the past 10 years, this metric has ranged from a low of 97.20 to a high of 198.66. The Oil & Gas industry median Days Inventory is 31.01. NOV's value of 100.09 is 222.8% above this industry median. Based on the distribution chart, NOV ranks #588 out of 687 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, NOV has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does NOV's Days Inventory compare to AROC and WFRD?
According to the Oil & Gas industry distribution chart, NOV ranks #588 out of 687 companies for Days Inventory. This places NOV in the lower half of its industry. The industry median Days Inventory is 31.01. NOV's value of 100.09 is 222.8% above this benchmark. Historically, NOV's own Days Inventory has ranged from 97.20 to 198.66 over the past decade. While the company's 10-year median is 112.47 vs. the industry median of 31.01, NOV 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 31.01, based on 687 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. NOV's current Days Inventory of 100.09 is 222.8% 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 NOV 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. NOV's current Days Inventory is 100.09, which is 11% below median its own 10-year median of 112.47. 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 Days Inventory of 100.09. The stock's GF Value™ is MXN323.94, compared to a current price of MXN313.00 — trading 3.4% below its estimated fair value. The current Days Inventory is 100.09, which is 11% below median its 10-year median of 112.47 and 222.8% above the Oil & Gas industry median of 31.01. NOV's overall GF Score™ is 72/100 with 5 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 NOV (MEX:NOV), the current Days Inventory is 100.09 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 NOV (MEX:NOV) Overvalued in 2026?
Based on GuruFocus' analysis, NOV stock appears to be undervalued.
The current stock price of MXN313.00 is trading 3.4% below its estimated GF Value™ of MXN323.94.
Key valuation signals for MEX:NOV:
Days Inventory: 100.09 (11% below median its 10-year median of 112.47)
GF Value™: MXN323.94 vs. price of MXN313.00 (3.4% below fair value)
Industry Position: 222.8% above the Oil & Gas median (#588 of 687)
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
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