Headwater Exploration (FRA:C6V) Inventory Turnover: 60.32 (As of Mar. 2026)

Author:

Vera Yuan

Director of Data and Quant Analytics at GuruFocus

Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.

View Profile →

Reviewed by:

Charlie Tian

Founder & CEO of GuruFocus

Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

View Profile →

Headwater Exploration Inc FRA:C6V

82 GF Score

Price €7.95

GF Value €5.77

Valuation Significantly Overvalued

6 Warning Signs

View Full Analysis

What is Headwater Exploration Inventory Turnover?

Headwater Exploration FRA:C6V +1.27% 82 Inventory Turnover is 60.32 as of Mar. 2026. GuruFocus rates FRA:C6V with a GF Score™ of 82/100 and a GF Value™ of €5.77 (Significantly Overvalued). The stock has 6 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. Headwater Exploration's Cost of Goods Sold for the three months ended in Mar. 2026 was €46.3 Mil. Headwater Exploration's Average Total Inventories for the quarter that ended in Mar. 2026 was €0.8 Mil. Headwater Exploration's Inventory Turnover for the quarter that ended in Mar. 2026 was 60.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Headwater Exploration's Days Inventory for the three months ended in Mar. 2026 was 1.51.

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. Headwater Exploration's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Headwater Exploration (FRA:C6V) 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.

Headwater Exploration'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
	=	0.7675	/	46.299	*	365 / 4
	=	1.51

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.

Headwater Exploration'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 )
	=	0.7675	/	111.417
	=	0.01

* 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.

Headwater Exploration Inventory Turnover Related Terms

Headwater Exploration Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Headwater Exploration's Inventory Turnover can be seen below:

Headwater Exploration Inventory Turnover Chart

Headwater Exploration Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

123.97

188.02

246.62

288.09

246.76

Headwater Exploration 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															64.51	64.02	65.11	63.09	60.32

82GF Score

Headwater Exploration Inc FRA:C6V

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

View Full Analysis

Headwater Exploration Inventory Turnover Calculation

Headwater Exploration'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 )
=	180.997	/ (	(0.8	+	0.667)	/	2 )
=	180.997	/	0.7335
=	246.76

Headwater Exploration'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 )
=	46.299	/ (	(0.667	+	0.868)	/	2 )
=	46.299	/	0.7675
=	60.32

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 60.32 mean?

Headwater Exploration (FRA:C6V) has a Inventory Turnover of 60.32 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Headwater Exploration and its competitors.

Is Headwater Exploration's Inventory Turnover too high?

Headwater Exploration's current Inventory Turnover is 60.32. Overall, Headwater Exploration has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Headwater Exploration's Inventory Turnover compare to COP and EOG?

Headwater Exploration's Inventory Turnover of 60.32 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 Headwater Exploration and its competitors. Headwater Exploration's current Inventory Turnover is 60.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Headwater Exploration stock overvalued right now?

Based on GuruFocus' analysis, Headwater Exploration (FRA:C6V) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.77, compared to a current price of €7.95 — trading 37.8% above its estimated fair value. The current Inventory Turnover is 60.32. Headwater Exploration's overall GF Score™ is 82/100 with 6 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 Headwater Exploration (FRA:C6V), the current Inventory Turnover is 60.32 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 Headwater Exploration (FRA:C6V) Overvalued in 2026?

Based on GuruFocus' analysis, Headwater Exploration stock appears to be overvalued. The current stock price of €7.95 is trading 37.8% above its estimated GF Value™ of €5.77. GuruFocus considers Headwater Exploration to be Significantly Overvalued.

Key valuation signals for FRA:C6V:

Inventory Turnover: 60.32
GF Value™: €5.77 vs. price of €7.95 (37.8% above fair value)
GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the FRA:C6V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Headwater Exploration Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:FRU TSX:SDE TSX:IPCO TSX:PXT TSX:VET TSX:CJ TSX:POU TSX:KEL TSX:BIR TSX:AAV HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Other Exchanges CDDRF:USA HWX:Canada

Address 215 - 9th Avenue SW, Unit 1400, Calgary, AB, CAN, T2P 1K3

Website https://www.headwaterexp.com

Headwater Exploration Inc is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The company has high quality oil production, reserves, and lands in the prolific Clearwater play in the Marten Hills, Greater Peavine and Greater Nipisi areas of Alberta as well as low decline natural gas production and reserves in the McCully Field near Sussex, New Brunswick. Its core operating areas are Clearwater fairway, Alberta and McCully Field, New Brunswick.

82GF Score

Get the complete analysis for FRA:C6V

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

€7.95

Price

€5.77

GF Value

View FRA:C6V Analysis

See Inventory Turnover data for all stocks →