Akita Drilling (FRA:774) Inventory Turnover: 0.00 (As of Mar. 2026)

What is Akita Drilling Inventory Turnover?

Akita Drilling FRA:774 55 Inventory Turnover is 0.00 as of Mar. 2026. GuruFocus rates FRA:774 with a GF Score™ of 55/100 and a GF Value™ of €1.09 (Significantly Overvalued). 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. Akita Drilling's Cost of Goods Sold for the three months ended in Mar. 2026 was €31.3 Mil. Akita Drilling's Average Total Inventories for the quarter that ended in Mar. 2026 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Akita Drilling's Days Inventory for the three months ended in Mar. 2026 was 0.00.

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. Akita Drilling's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.

Akita Drilling (FRA:774) 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.

Akita Drilling'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
	=	0	/	31.29	*	365 / 4
	=	0.00

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.

Akita Drilling'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 )
	=	0	/	34.985
	=	0.00

* 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.

Akita Drilling Inventory Turnover Related Terms

Akita Drilling Inventory Turnover Historical Data

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The historical data trend for Akita Drilling's Inventory Turnover can be seen below:

Akita Drilling Inventory Turnover Chart

Akita Drilling Annual Data

Trend

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Inventory Turnover

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0.00

Akita Drilling 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															0.00	0.00	0.00	0.00	0.00

55GF Score

Akita Drilling Ltd FRA:774

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

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Akita Drilling Inventory Turnover Calculation

Akita Drilling'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 )
=	109.361	/ (	(0	+	0)	/	1 )
=	109.361	/	0
=	N/A

Akita Drilling'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 )
=	31.29	/ (	(0	+	0)	/	1 )
=	31.29	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Akita Drilling (FRA:774) has a Inventory Turnover of 0.00 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Akita Drilling and its competitors.

Is Akita Drilling's Inventory Turnover too high?

Akita Drilling's current Inventory Turnover is 0.00. Overall, Akita Drilling has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Akita Drilling's Inventory Turnover compare to NE and RIG?

Akita Drilling's Inventory Turnover of 0.00 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 Akita Drilling and its competitors. Akita Drilling's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Akita Drilling stock overvalued right now?

Based on GuruFocus' analysis, Akita Drilling (FRA:774) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.09, compared to a current price of €2.12 — trading 94.5% above its estimated fair value. The current Inventory Turnover is 0.00. Akita Drilling's overall GF Score™ is 55/100 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 Akita Drilling (FRA:774), the current Inventory Turnover is 0.00 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 Akita Drilling (FRA:774) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of €2.12 is trading 94.5% above its estimated GF Value™ of €1.09. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for FRA:774:

Inventory Turnover: 0.00
GF Value™: €1.09 vs. price of €2.12 (94.5% above fair value)
GF Score™: 55/100 with 2 warning signs

No single metric tells the full story. See the FRA:774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Akita Drilling Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:WRG TSXV:SDI TSX:ACX TSXV:WGT TSX:PHX TSX:ESI ADX:ADNOCDRILL NE RIG SAU:2382 VAL SHSE:600871 PTEN HP SDRL SAU:2381 OSL:ODL BORR NBR SOC

Other Exchanges AKTAF:USA AKT.B:Canada AKT.A:Canada

Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1

Website https://www.akita-drilling.com

Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.

55GF Score

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€2.12

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€1.09

GF Value

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