NMDC Group PJSC (ADX:NMDC) Inventory Turnover: 6.89 (As of Mar. 2026)

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ADX:NMDC NMDC Group PJSC ADX:NMDC
92 GF Score
Price د.إ22.56
GF Value د.إ28.52
Valuation Modestly Undervalued
! 4 Warning Signs
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What is NMDC Group PJSC Inventory Turnover?

NMDC Group PJSC ADX:NMDC -0.18% 92 Inventory Turnover is 6.89 as of Mar. 2026. GuruFocus rates ADX:NMDC with a GF Score™ of 92/100 and a GF Value™ of د.إ28.52 (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. NMDC Group PJSC's Cost of Goods Sold for the three months ended in Mar. 2026 was د.إ6,099 Mil. NMDC Group PJSC's Average Total Inventories for the quarter that ended in Mar. 2026 was د.إ885 Mil. NMDC Group PJSC's Inventory Turnover for the quarter that ended in Mar. 2026 was 6.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NMDC Group PJSC's Days Inventory for the three months ended in Mar. 2026 was 13.24.

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. NMDC Group PJSC's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.13.

NMDC Group PJSC  (ADX:NMDC) 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.

NMDC Group 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
=884.7955/6099.074*365 / 4
=13.24

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.

NMDC Group 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 )
=884.7955 / 6645.396
=0.13

* 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.

NMDC Group PJSC Inventory Turnover Related Terms

NMDC Group PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for NMDC Group 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.

NMDC Group PJSC Inventory Turnover Chart

NMDC Group PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.52 23.69 27.34 34.39 29.95

NMDC Group 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 7.14 7.45 7.02 7.50 6.89
ADX:NMDC
92GF Score
NMDC Group PJSC ADX:NMDC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NMDC Group PJSC Inventory Turnover Calculation

NMDC Group 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 )
=24022.959 / ((718.482 + 885.896) / 2 )
=24022.959 / 802.189
=29.95

NMDC Group 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 )
=6099.074 / ((885.896 + 883.695) / 2 )
=6099.074 / 884.7955
=6.89

* 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 6.89 mean?
NMDC Group PJSC (ADX:NMDC) has a Inventory Turnover of 6.89 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NMDC Group PJSC and its competitors.
Is NMDC Group PJSC's Inventory Turnover too high?
NMDC Group PJSC's current Inventory Turnover is 6.89. Overall, NMDC Group PJSC has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NMDC Group PJSC's Inventory Turnover compare to PWR and FIX?
NMDC Group PJSC's Inventory Turnover of 6.89 can be compared against companies in the Construction 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 a Construction company?
A good Inventory Turnover depends on the Construction 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 NMDC Group PJSC and its competitors. NMDC Group PJSC's current Inventory Turnover is 6.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMDC Group PJSC stock overvalued right now?
Based on GuruFocus' analysis, NMDC Group PJSC (ADX:NMDC) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ28.52, compared to a current price of د.إ22.56 — trading 20.9% below its estimated fair value. The current Inventory Turnover is 6.89. NMDC Group PJSC's overall GF Score™ is 92/100 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 NMDC Group PJSC (ADX:NMDC), the current Inventory Turnover is 6.89 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 NMDC Group PJSC (ADX:NMDC) Overvalued in 2026?

Based on GuruFocus' analysis, NMDC Group PJSC stock appears to be undervalued. The current stock price of د.إ22.56 is trading 20.9% below its estimated GF Value™ of د.إ28.52. GuruFocus considers NMDC Group PJSC to be Modestly Undervalued.

Key valuation signals for ADX:NMDC:

  • Inventory Turnover: 6.89
  • GF Value™: د.إ28.52 vs. price of د.إ22.56 (20.9% below fair value)
  • GF Score™: 92/100 with 4 warning signs

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

NMDC Group PJSC Business Description

Address Mussafah Street 16, P.O. Box 3649, Abu Dhabi, ARE
NMDC Group PJSC operates as an integrated provider of Engineering, Procurement and Construction (EPC) services for onshore, offshore, and marine projects. The company's activities include marine dredging, logistics, and technical services, and marine engineering and construction. Geographically, it operates across the Middle East, Southeast Asia, and other international markets. The company's operations are structured under five business units: NMDC Dredging & Marine, NMDC Energy, NMDC Infra, NMDC Logistics & Technical Services, and NMDC Engineering. It has aggregated its segments into Dredging & Marine and Energy, with the majority of revenue from the Energy segment.
92GF Score

Get the complete analysis for ADX:NMDC

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

د.إ22.56
Price
د.إ28.52
GF Value