Calfrac Well Services (TSX:CFW) Days Inventory: 32.17 (As of Mar. 2026) — Near Median


TSX:CFW Calfrac Well Services Ltd TSX:CFW
49 GF Score
Price C$6.44
GF Value C$2.97
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Calfrac Well Services Days Inventory?

Calfrac Well Services TSX:CFW +0.31% 49 Days Inventory is 32.17 as of Mar. 2026, which is 2% below its 10-year median of 32.69. GuruFocus rates TSX:CFW with a GF Score™ of 49/100 and a GF Value™ of C$2.97 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 686 Oil & Gas companies, Calfrac Well Services ranks worse than 52.33% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Calfrac Well Services's Average Total Inventories for the three months ended in Mar. 2026 was C$96 Mil. Calfrac Well Services's Cost of Goods Sold for the three months ended in Mar. 2026 was C$273 Mil. Hence, Calfrac Well Services's Days Inventory for the three months ended in Mar. 2026 was 32.17.

The historical rank and industry rank for Calfrac Well Services's Days Inventory or its related term are showing as below:

TSX:CFW' s Days Inventory Range Over the Past 10 Years
Min: 26.37   Med: 32.69   Max: 47.72
Current: 34.16

During the past 13 years, Calfrac Well Services's highest Days Inventory was 47.72. The lowest was 26.37. And the median was 32.69.

TSX:CFW's Days Inventory is ranked worse than
52.33% of 686 companies
in the Oil & Gas industry
Industry Median: 31.055 vs TSX:CFW: 34.16

Calfrac Well Services's Days Inventory declined from Mar. 2025 (38.11) to Mar. 2026 (32.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Calfrac Well Services's Inventory Turnover for the three months ended in Mar. 2026 was 2.84.

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. Calfrac Well Services's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.32.


Calfrac Well Services  (TSX:CFW) 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.

Calfrac Well Services'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.

Calfrac Well Services'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.


Calfrac Well Services Days Inventory Related Terms


Calfrac Well Services Days Inventory Historical Data

* Premium members only.

The historical data trend for Calfrac Well Services'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.

Calfrac Well Services Days Inventory Chart

Calfrac Well Services 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 36.90 28.60 26.51 33.63 35.98

Calfrac Well Services 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 38.11 32.19 35.98 36.03 32.17

TSX:CFW vs SLB, BKR, HAL: Days Inventory Comparison

For the Oil & Gas Equipment & Services subindustry, Calfrac Well Services'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.


Calfrac Well Services Days Inventory vs Oil & Gas Industry

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

* The bar in red indicates where Calfrac Well Services's Days Inventory falls into.


TSX:CFW
49GF Score
Calfrac Well Services Ltd TSX:CFW
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Calfrac Well Services Days Inventory Calculation

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

Calfrac Well Services'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
=( (145.506 + 98.291) / 2 ) / 1236.685*365
=121.8985 / 1236.685*365
=35.98

Calfrac Well Services'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
=( (98.291 + 94.297) / 2 ) / 273.103*365 / 4
=96.294 / 273.103*365 / 4
=32.17

* 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 32.17 mean?
Calfrac Well Services (TSX:CFW) has a Days Inventory of 32.17 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Calfrac Well Services and its competitors. This is near median its historical median of 32.69. Over the past decade, Calfrac Well Services' Days Inventory has ranged from 26.37 to 47.72. According to the industry distribution chart, Calfrac Well Services ranks #359 out of 686 companies in the Oil & Gas industry, placing it in the top 52.3%.
Is Calfrac Well Services' Days Inventory too high?
Calfrac Well Services' current Days Inventory of 32.17 is near median its 10-year median of 32.69. Over the past 10 years, this metric has ranged from a low of 26.37 to a high of 47.72. The Oil & Gas industry median Days Inventory is 31.06. Calfrac Well Services' value of 32.17 is 3.6% above this industry median. Based on the distribution chart, Calfrac Well Services ranks #359 out of 686 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Calfrac Well Services has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calfrac Well Services' Days Inventory compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Calfrac Well Services ranks #359 out of 686 companies for Days Inventory. This places Calfrac Well Services in the lower half of its industry. The industry median Days Inventory is 31.06. Calfrac Well Services' value of 32.17 is 3.6% above this benchmark. Historically, Calfrac Well Services' own Days Inventory has ranged from 26.37 to 47.72 over the past decade. While the company's 10-year median is 32.69 vs. the industry median of 31.06, Calfrac Well Services 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 31.06, based on 686 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. Calfrac Well Services's current Days Inventory of 32.17 is 3.6% 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 Calfrac Well Services and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calfrac Well Services's current Days Inventory is 32.17, which is near median its own 10-year median of 32.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calfrac Well Services stock overvalued right now?
Based on GuruFocus' analysis, Calfrac Well Services (TSX:CFW) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.97, compared to a current price of C$6.44 — trading 116.8% above its estimated fair value. The current Days Inventory is 32.17, which is near median its 10-year median of 32.69 and 3.6% above the Oil & Gas industry median of 31.06. Calfrac Well Services' overall GF Score™ is 49/100 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 Calfrac Well Services (TSX:CFW), the current Days Inventory is 32.17 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 Calfrac Well Services (TSX:CFW) Overvalued in 2026?

Based on GuruFocus' analysis, Calfrac Well Services stock appears to be overvalued. The current stock price of C$6.44 is trading 116.8% above its estimated GF Value™ of C$2.97. GuruFocus considers Calfrac Well Services to be Significantly Overvalued.

Key valuation signals for TSX:CFW:

  • Days Inventory: 32.17 (near median its 10-year median of 32.69)
  • GF Value™: C$2.97 vs. price of C$6.44 (116.8% above fair value)
  • GF Score™: 49/100 with 5 warning signs
  • Industry Position: 3.6% above the Oil & Gas median (#359 of 686)

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


Calfrac Well Services Business Description

Industry EnergyOil & Gas
Other Exchanges CFWFF:USA5CFA:Germany
Address 407 - 8th Avenue SW, Suite 601, Calgary, AB, CAN, T2P 1E5
Calfrac Well Services Ltd is an independent provider of specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and wireline services for the oil and natural gas industries in the United States, Canada, and Argentina. The company operates through two main segments. Its North America segment provides fracturing services to oil and natural gas companies operating in the Williston Basin in North Dakota, as well as the broader Rockies region. The Argentina segment, which generates the highest revenue, offers fracturing, coiled tubing, cementing, and other well stimulation services to oil and natural gas companies operating in the Neuquen and Comodoro Rivadavia regions.
49GF Score

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

C$6.44
Price
C$2.97
GF Value