DTI (Drilling Tools International) Inventory Turnover: 0.92 (As of Jun. 2026)

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DTI Drilling Tools International Corp DTI
63 GF Score
Price $2.58
GF Value $2.69
Valuation Fairly Valued
! 7 Warning Signs
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What is Drilling Tools International Inventory Turnover?

Drilling Tools International DTI -0.58% 63 Inventory Turnover is 0.92 as of Jun. 2026. GuruFocus rates DTI with a GF Score™ of 63/100 and a GF Value™ of $2.69 (Fairly Valued). The stock has 7 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. Drilling Tools International's Cost of Goods Sold for the three months ended in Jun. 2026 was $17.8 Mil. Drilling Tools International's Average Total Inventories for the quarter that ended in Jun. 2026 was $19.4 Mil. Drilling Tools International's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Drilling Tools International's Days Inventory for the three months ended in Jun. 2026 was 99.23.

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. Drilling Tools International's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.51.


Drilling Tools International  (NAS:DTI) 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.

Drilling Tools International's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=19.3875/17.829*365 / 4
=99.23

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.

Drilling Tools International's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=19.3875 / 38.072
=0.51

* 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.


Drilling Tools International Inventory Turnover Related Terms


Drilling Tools International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Drilling Tools International'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.

Drilling Tools International Inventory Turnover Chart

Drilling Tools International Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
19.37 18.75 13.44 5.53 3.85

Drilling Tools International Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.92 0.93 0.93 0.98 0.92
DTI
63GF Score
Drilling Tools International Corp DTI
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Drilling Tools International Inventory Turnover Calculation

Drilling Tools International'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 )
=68.57 / ((17.502 + 18.149) / 2 )
=68.57 / 17.8255
=3.85

Drilling Tools International's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=17.829 / ((18.615 + 20.16) / 2 )
=17.829 / 19.3875
=0.92

* 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 0.92 mean?
Drilling Tools International (DTI) has a Inventory Turnover of 0.92 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Drilling Tools International and its competitors.
Is Drilling Tools International's Inventory Turnover too high?
Drilling Tools International's current Inventory Turnover is 0.92. Overall, Drilling Tools International has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Drilling Tools International's Inventory Turnover compare to LSE and DWSN?
Drilling Tools International's Inventory Turnover of 0.92 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 Drilling Tools International and its competitors. Drilling Tools International's current Inventory Turnover is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drilling Tools International stock overvalued right now?
Based on GuruFocus' analysis, Drilling Tools International (DTI) is currently considered Fairly Valued. The stock's GF Value™ is $2.69, compared to a current price of $2.58 — trading 4.1% below its estimated fair value. The current Inventory Turnover is 0.92. Drilling Tools International's overall GF Score™ is 63/100 with 7 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 Drilling Tools International (DTI), the current Inventory Turnover is 0.92 as of Jun. 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 Drilling Tools International (DTI) Overvalued in 2026?

Based on GuruFocus' analysis, Drilling Tools International stock appears to be undervalued. The current stock price of $2.58 is trading 4.1% below its estimated GF Value™ of $2.69. GuruFocus considers Drilling Tools International to be Fairly Valued.

Key valuation signals for DTI:

  • Inventory Turnover: 0.92
  • GF Value™: $2.69 vs. price of $2.58 (4.1% below fair value)
  • GF Score™: 63/100 with 7 warning signs

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


Drilling Tools International Business Description

Industry EnergyOil & Gas
Address 10370 Richmond Avenue, Suite 1000, Houston, TX, USA, 77042
Drilling Tools International Corp is an oilfield services company that designs, engineers, and manufactures rental-focused tools used in onshore and offshore horizontal and directional drilling operations, as well as solutions across the well life cycle. It operates through two geographic segments: Western Hemisphere and Eastern Hemisphere. The Western Hemisphere, which generates the majority of revenue, provides downhole drilling tools and rental services for onshore and offshore operations across North America and Latin America, supported by service centers in the U.S. and Canada. The Eastern Hemisphere covers Europe, the Middle East, and Asia-Pacific, where the company offers drilling and well lifecycle solutions through international service centers across the EMEA and APAC regions.
63GF Score

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

$2.58
Price
$2.69
GF Value