NOV (MEX:NOV) Inventories, Finished Goods: MXN25,985 Mil (As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:NOV NOV Inc MEX:NOV
72 GF Score
Price MXN313.00
GF Value MXN301.22
! 9 Warning Signs
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What is NOV Inventories, Finished Goods?

NOV MEX:NOV 72 Inventories, Finished Goods is MXN25,985 Mil as of Mar. 2026. GuruFocus rates MEX:NOV with a GF Score™ of 72/100 and a GF Value™ of MXN301.22. The stock has 9 warning signs investors should review.

NOV's quarterly finished goods declined from Sep. 2025 (MXN26,893 Mil) to Dec. 2025 (MXN24,974 Mil) but then increased from Dec. 2025 (MXN24,974 Mil) to Mar. 2026 (MXN25,985 Mil).

NOV's annual finished goods increased from Dec. 2023 (MXN30,486 Mil) to Dec. 2024 (MXN34,266 Mil) but then declined from Dec. 2024 (MXN34,266 Mil) to Dec. 2025 (MXN24,974 Mil).

NOV Inventories, Finished Goods Historical Data

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The historical data trend for NOV's Inventories, Finished Goods 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.

NOV Inventories, Finished Goods Chart

NOV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Finished Goods
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,760.40 27,372.38 30,485.75 34,265.92 24,973.91

NOV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Finished Goods 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 33,101.37 29,015.80 26,892.60 24,973.91 25,985.12
MEX:NOV
72GF Score
NOV Inc MEX:NOV
Inventories, Finished Goods is just one metric. See GF Score™, valuation, warning signs, and more.
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NOV Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

What does a Inventories, Finished Goods of MXN25,985 Mil mean?
NOV (MEX:NOV) has a Inventories, Finished Goods of MXN25,985 Mil as of Mar. 2026. Finished goods are inventory items that are complete and ready to be sold. View historical data on NOV and its competitors.
Is NOV's Inventories, Finished Goods too high?
NOV's current Inventories, Finished Goods is MXN25,985 Mil. Overall, NOV has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does NOV's Inventories, Finished Goods compare to AROC and WFRD?
NOV's Inventories, Finished Goods of MXN25,985 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Finished Goods for an Oil & Gas company?
A good Inventories, Finished Goods depends on the Oil & Gas industry context. However, Inventories, Finished Goods 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 Inventories, Finished Goods mean?
A high Inventories, Finished Goods can signal that a stock is expensive relative to its fundamentals. Finished goods are inventory items that are complete and ready to be sold. View historical data on NOV and its competitors. NOV's current Inventories, Finished Goods is MXN25,985 Mil. 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 Inventories, Finished Goods of MXN25,985 Mil. The stock's GF Value™ is MXN301.22, compared to a current price of MXN313.00 — trading 3.9% above its estimated fair value. The current Inventories, Finished Goods is MXN25,985 Mil. NOV's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Finished Goods calculated?
Inventories, Finished Goods is calculated from a company's financial statements. For NOV (MEX:NOV), the current Inventories, Finished Goods is MXN25,985 Mil 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 overvalued. The current stock price of MXN313.00 is trading 3.9% above its estimated GF Value™ of MXN301.22.

Key valuation signals for MEX:NOV:

  • Inventories, Finished Goods: MXN25,985 Mil
  • GF Value™: MXN301.22 vs. price of MXN313.00 (3.9% above fair value)
  • GF Score™: 72/100 with 9 warning signs

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 Business Description

Industry EnergyOil & Gas
Address 10353 Richmond Avenue, Houston, TX, USA, 77042-4103
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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Inventories, Finished Goods is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN313.00
Price
MXN301.22
GF Value