ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Inventory Turnover: 2.65 (As of Mar. 2026)

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ADX:ADNOCDRILL ADNOC Drilling Company PJSC ADX:ADNOCDRILL
90 GF Score
Price د.إ5.82
GF Value د.إ6.49
Valuation Modestly Undervalued
! 4 Warning Signs
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What is ADNOC Drilling Company PJSC Inventory Turnover?

ADNOC Drilling Company PJSC ADX:ADNOCDRILL +1.22% 90 Inventory Turnover is 2.65 as of Mar. 2026. GuruFocus rates ADX:ADNOCDRILL with a GF Score™ of 90/100 and a GF Value™ of د.إ6.49 (Modestly Undervalued). The stock has 4 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. ADNOC Drilling Company PJSC's Cost of Goods Sold for the three months ended in Mar. 2026 was د.إ2,924 Mil. ADNOC Drilling Company PJSC's Average Total Inventories for the quarter that ended in Mar. 2026 was د.إ1,105 Mil. ADNOC Drilling Company PJSC's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.65.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ADNOC Drilling Company PJSC's Days Inventory for the three months ended in Mar. 2026 was 34.49.

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. ADNOC Drilling Company PJSC's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.25.


ADNOC Drilling Company PJSC  (ADX:ADNOCDRILL) 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.

ADNOC Drilling Company PJSC'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
=1104.888/2923.509*365 / 4
=34.49

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.

ADNOC Drilling Company PJSC'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 )
=1104.888 / 4509.524
=0.25

* 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.


ADNOC Drilling Company PJSC Inventory Turnover Related Terms


ADNOC Drilling Company PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for ADNOC Drilling Company PJSC's Inventory Turnover 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.

ADNOC Drilling Company PJSC Inventory Turnover Chart

ADNOC Drilling Company PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 7.87 10.54 10.29 10.89 12.37

ADNOC Drilling Company PJSC 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 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 3.10 3.20 3.31 2.93 2.65
ADX:ADNOCDRILL
90GF Score
ADNOC Drilling Company PJSC ADX:ADNOCDRILL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ADNOC Drilling Company PJSC Inventory Turnover Calculation

ADNOC Drilling Company PJSC'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 )
=11406.664 / ((819.273 + 1024.739) / 2 )
=11406.664 / 922.006
=12.37

ADNOC Drilling Company PJSC'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 )
=2923.509 / ((1024.739 + 1185.037) / 2 )
=2923.509 / 1104.888
=2.65

* 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 Inventory Turnover →
What does a Inventory Turnover of 2.65 mean?
ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) has a Inventory Turnover of 2.65 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on ADNOC Drilling Company PJSC and its competitors.
Is ADNOC Drilling Company PJSC's Inventory Turnover too high?
ADNOC Drilling Company PJSC's current Inventory Turnover is 2.65. Overall, ADNOC Drilling Company PJSC has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ADNOC Drilling Company PJSC's Inventory Turnover compare to NE and RIG?
ADNOC Drilling Company PJSC's Inventory Turnover of 2.65 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 ADNOC Drilling Company PJSC and its competitors. ADNOC Drilling Company PJSC's current Inventory Turnover is 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADNOC Drilling Company PJSC stock overvalued right now?
Based on GuruFocus' analysis, ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ6.49, compared to a current price of د.إ5.82 — trading 10.3% below its estimated fair value. The current Inventory Turnover is 2.65. ADNOC Drilling Company PJSC's overall GF Score™ is 90/100 with 4 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 ADNOC Drilling Company PJSC (ADX:ADNOCDRILL), the current Inventory Turnover is 2.65 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 ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Overvalued in 2026?

Based on GuruFocus' analysis, ADNOC Drilling Company PJSC stock appears to be undervalued. The current stock price of د.إ5.82 is trading 10.3% below its estimated GF Value™ of د.إ6.49. GuruFocus considers ADNOC Drilling Company PJSC to be Modestly Undervalued.

Key valuation signals for ADX:ADNOCDRILL:

  • Inventory Turnover: 2.65
  • GF Value™: د.إ6.49 vs. price of د.إ5.82 (10.3% below fair value)
  • GF Score™: 90/100 with 4 warning signs

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


ADNOC Drilling Company PJSC Business Description

Industry EnergyOil & Gas
Address SKEC 2, Zone 1 - E-17, P.O. Box 4017, Abu Dhabi, ARE
ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore, and OilField Services, with maximum revenue from the Onshore segment.
90GF Score

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

د.إ5.82
Price
د.إ6.49
GF Value