GRNT (Granite Ridge Resources) Inventory Turnover: 0.00 (As of Mar. 2026)


GRNT Granite Ridge Resources Inc GRNT
81 GF Score
Price $4.40
GF Value $7.32
Valuation Possible Value Trap
! 8 Warning Signs
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What is Granite Ridge Resources Inventory Turnover?

Granite Ridge Resources GRNT +2.21% 81 Inventory Turnover is 0.00 as of Mar. 2026. GuruFocus rates GRNT with a GF Score™ of 81/100 and a GF Value™ of $7.32 (Possible Value Trap). The stock has 8 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. Granite Ridge Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was $92.9 Mil. Granite Ridge Resources'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. Granite Ridge Resources'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. Granite Ridge Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.

Granite Ridge Resources  (NYSE:GRNT) 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.

Granite Ridge 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
=0/92.894*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.

Granite Ridge 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 )
=0 / 128.264
=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.

Granite Ridge Resources Inventory Turnover Related Terms

Granite Ridge Resources Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Granite Ridge Resources'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.

Granite Ridge Resources Inventory Turnover Chart

Granite Ridge Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Granite Ridge Resources Quarterly Data
Mar21 Jun21 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 0.00 0.00 0.00 0.00 0.00
GRNT
81GF Score
Granite Ridge Resources Inc GRNT
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Granite Ridge Resources Inventory Turnover Calculation

Granite Ridge 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 )
=328.158 / ((0 + 0) / 1 )
=328.158 / 0
=N/A

Granite Ridge 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 )
=92.894 / ((0 + 0) / 1 )
=92.894 / 0
=N/A

* 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 0.00 mean?
Granite Ridge Resources (GRNT) 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 Granite Ridge Resources and its competitors.
Is Granite Ridge Resources' Inventory Turnover too high?
Granite Ridge Resources' current Inventory Turnover is 0.00. Overall, Granite Ridge Resources has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Granite Ridge Resources' Inventory Turnover compare to GPRK and ZNOG?
Granite Ridge Resources' 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 Granite Ridge Resources and its competitors. Granite Ridge Resources'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 Granite Ridge Resources stock overvalued right now?
Based on GuruFocus' analysis, Granite Ridge Resources (GRNT) is currently considered Possible Value Trap. The stock's GF Value™ is $7.32, compared to a current price of $4.40 — trading 40% below its estimated fair value. The current Inventory Turnover is 0.00. Granite Ridge Resources' overall GF Score™ is 81/100 with 8 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 Granite Ridge Resources (GRNT), 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 Granite Ridge Resources (GRNT) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Ridge Resources stock appears to be undervalued. The current stock price of $4.40 is trading 40% below its estimated GF Value™ of $7.32. GuruFocus considers Granite Ridge Resources to be Possible Value Trap.

Key valuation signals for GRNT:

  • Inventory Turnover: 0.00
  • GF Value™: $7.32 vs. price of $4.40 (40% below fair value)
  • GF Score™: 81/100 with 8 warning signs

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

Granite Ridge Resources Business Description

Industry EnergyOil & Gas
Address 5217 McKinney Avenue, Suite 400, Dallas, TX, USA, 75205
Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.
81GF Score

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

$4.40
Price
$7.32
GF Value