HAL (Halliburton Co) Inventory Turnover: 1.54 (As of Mar. 2026)

What is Halliburton Co Inventory Turnover?

Halliburton Co HAL -1.33% 73 Inventory Turnover is 1.54 as of Mar. 2026. GuruFocus rates HAL with a GF Score™ of 73/100 and a GF Value™ of $33.37 (Fairly Valued). The stock has 2 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Halliburton Co's Cost of Goods Sold for the three months ended in Mar. 2026 was $4,619 Mil. Halliburton Co's Average Total Inventories for the quarter that ended in Mar. 2026 was $2,998 Mil. Halliburton Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Halliburton Co's Days Inventory for the three months ended in Mar. 2026 was 59.22.

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. Halliburton Co's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.55.

Halliburton Co (NYSE:HAL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Halliburton Co's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	2997.5	/	4619	*	365 / 4
	=	59.22

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.

Halliburton Co's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	2997.5	/	5402
	=	0.55

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Halliburton Co Inventory Turnover Related Terms

Halliburton Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Halliburton Co's Inventory Turnover can be seen below:

Halliburton Co Inventory Turnover Chart

Halliburton Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

5.64

6.43

6.07

5.95

6.22

Halliburton Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															1.49	1.53	1.54	1.56	1.54

73GF Score

Halliburton Co HAL

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Halliburton Co Inventory Turnover Calculation

Halliburton Co's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	18700	/ (	(3040	+	2976)	/	2 )
=	18700	/	3008
=	6.22

Halliburton Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	4619	/ (	(2976	+	3019)	/	2 )
=	4619	/	2997.5
=	1.54

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.54 mean?

Halliburton Co (HAL) has a Inventory Turnover of 1.54 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Halliburton Co and its competitors.

Is Halliburton Co's Inventory Turnover too high?

Halliburton Co's current Inventory Turnover is 1.54. Overall, Halliburton Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Halliburton Co's Inventory Turnover compare to FTI and WFRD?

Halliburton Co's Inventory Turnover of 1.54 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 Inventory Turnover for an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover 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 Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Halliburton Co and its competitors. Halliburton Co's current Inventory Turnover is 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Halliburton Co stock overvalued right now?

Based on GuruFocus' analysis, Halliburton Co (HAL) is currently considered Fairly Valued. The stock's GF Value™ is $33.37, compared to a current price of $34.21 — trading 2.5% above its estimated fair value. The current Inventory Turnover is 1.54. Halliburton Co's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Halliburton Co (HAL), the current Inventory Turnover is 1.54 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 Halliburton Co (HAL) Overvalued in 2026?

Based on GuruFocus' analysis, Halliburton Co stock appears to be overvalued. The current stock price of $34.21 is trading 2.5% above its estimated GF Value™ of $33.37. GuruFocus considers Halliburton Co to be Fairly Valued.

Key valuation signals for HAL:

Inventory Turnover: 1.54
GF Value™: $33.37 vs. price of $34.21 (2.5% above fair value)
GF Score™: 73/100 with 2 warning signs

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

Halliburton Co Business Description

Industry Energy Oil & Gas

Comparable Companies FTI WFRD NOV KGS AROC LBRT SEI WHD USAC OII SLB BKR MIL:TEN SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT SHSE:601808 XPAR:TE XAMS:SBMO

Other Exchanges HAL:Mexico 1HAL:Italy 0R23:UK HAL:Germany HAL:Chile HAL:Switzerland HALI34:Brazil

Address 3000 North Sam Houston Parkway East, Houston, TX, USA, 77032

Website https://www.halliburton.com

Halliburton is North America's largest oilfield-services company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as the directional drilling market. While we consider SLB the global leader in reservoir evaluation, we think Halliburton leads in any activity from the reservoir to the wellbore. Halliburton's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been honed over a century of operations.

73GF Score

Get the complete analysis for HAL

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

$34.21

Price

$33.37

GF Value

View HAL Analysis

See Inventory Turnover data for all stocks →