CNX Resources (FRA:CGD) Inventory Turnover: 10.00 (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 →

CNX Resources Corp FRA:CGD

63 GF Score

Price €28.24

GF Value €37.13

Valuation Modestly Undervalued

6 Warning Signs

View Full Analysis

What is CNX Resources Inventory Turnover?

CNX Resources FRA:CGD -0.32% 63 Inventory Turnover is 10.00 as of Mar. 2026. GuruFocus rates FRA:CGD with a GF Score™ of 63/100 and a GF Value™ of €37.13 (Modestly Undervalued). 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. CNX Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was €242 Mil. CNX Resources's Average Total Inventories for the quarter that ended in Mar. 2026 was €24 Mil. CNX Resources's Inventory Turnover for the quarter that ended in Mar. 2026 was 10.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CNX Resources's Days Inventory for the three months ended in Mar. 2026 was 9.13.

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. CNX Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.04.

CNX Resources (FRA:CGD) 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.

CNX Resources'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
	=	24.2095	/	242.049	*	365 / 4
	=	9.13

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.

CNX Resources'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 )
	=	24.2095	/	677.012
	=	0.04

* 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.

CNX Resources Inventory Turnover Related Terms

CNX Resources Inventory Turnover Historical Data

* Premium members only.

The historical data trend for CNX Resources's Inventory Turnover can be seen below:

CNX Resources Inventory Turnover Chart

CNX Resources Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

136.65

68.53

40.87

60.99

53.20

CNX Resources 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															12.43	8.58	8.18	9.90	10.00

63GF Score

CNX Resources Corp FRA:CGD

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

View Full Analysis

CNX Resources Inventory Turnover Calculation

CNX Resources'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 )
=	965.431	/ (	(13.916	+	22.376)	/	2 )
=	965.431	/	18.146
=	53.20

CNX Resources'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 )
=	242.049	/ (	(22.376	+	26.043)	/	2 )
=	242.049	/	24.2095
=	10.00

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 10.00 mean?

CNX Resources (FRA:CGD) has a Inventory Turnover of 10.00 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on CNX Resources and its competitors.

Is CNX Resources' Inventory Turnover too high?

CNX Resources' current Inventory Turnover is 10.00. Overall, CNX Resources has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does CNX Resources' Inventory Turnover compare to CRC and MGY?

CNX Resources' Inventory Turnover of 10.00 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 CNX Resources and its competitors. CNX Resources's current Inventory Turnover is 10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CNX Resources stock overvalued right now?

Based on GuruFocus' analysis, CNX Resources (FRA:CGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €37.13, compared to a current price of €28.24 — trading 23.9% below its estimated fair value. The current Inventory Turnover is 10.00. CNX Resources' overall GF Score™ is 63/100 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 CNX Resources (FRA:CGD), the current Inventory Turnover is 10.00 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 CNX Resources (FRA:CGD) Overvalued in 2026?

Based on GuruFocus' analysis, CNX Resources stock appears to be undervalued. The current stock price of €28.24 is trading 23.9% below its estimated GF Value™ of €37.13. GuruFocus considers CNX Resources to be Modestly Undervalued.

Key valuation signals for FRA:CGD:

Inventory Turnover: 10.00
GF Value™: €37.13 vs. price of €28.24 (23.9% below fair value)
GF Score™: 63/100 with 6 warning signs

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

CNX Resources Business Description

Industry Energy Oil & Gas

Comparable Companies CRC MGY MUR CRK MTDR CRGY SM BSM CHRD GPOR HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Other Exchanges CNX:USA CGD:Germany

Address 1000 Horizon Vue Drive, CNX Center, Canonsburg, PA, USA, 15317-6506

Website https://www.cnx.com

CNX Resources Corp is an independent natural gas development, production, midstream and technology company centered in the Appalachian Basin. It is focused on unconventional shale formations, prominently the Marcellus Shale and Utica Shale, in Pennsylvania, Ohio and West Virginia. Additionally, the company operates and develops Coalbed Methane (CBM) properties in Virginia. the company has two reportable segments: Shale and Coalbed Methane. The majority of the company's revenue is derived from the Shale segment.

63GF Score

Get the complete analysis for FRA:CGD

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

€28.24

Price

€37.13

GF Value

View FRA:CGD Analysis

See Inventory Turnover data for all stocks →