Petro-king Oilfield Services (HKSE:02178) Inventory Turnover: 3.49 (As of Dec. 2025)

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HKSE:02178 Petro-king Oilfield Services Ltd HKSE:02178
28 GF Score
Price HK$0.29
GF Value HK$0.05
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Petro-king Oilfield Services Inventory Turnover?

Petro-king Oilfield Services HKSE:02178 +1.75% 28 Inventory Turnover is 3.49 as of Dec. 2025. GuruFocus rates HKSE:02178 with a GF Score™ of 28/100 and a GF Value™ of HK$0.05 (Significantly Overvalued). The stock has 5 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. Petro-king Oilfield Services's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$34.7 Mil. Petro-king Oilfield Services's Average Total Inventories for the quarter that ended in Dec. 2025 was HK$10.0 Mil. Petro-king Oilfield Services's Inventory Turnover for the quarter that ended in Dec. 2025 was 3.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petro-king Oilfield Services's Days Inventory for the six months ended in Dec. 2025 was 52.37.

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. Petro-king Oilfield Services's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.06.


Petro-king Oilfield Services  (HKSE:02178) 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.

Petro-king Oilfield Services's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=9.967/34.736*365 / 2
=52.37

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.

Petro-king Oilfield Services's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=9.967 / 156.64
=0.06

* 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.


Petro-king Oilfield Services Inventory Turnover Related Terms


Petro-king Oilfield Services Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Petro-king Oilfield Services'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.

Petro-king Oilfield Services Inventory Turnover Chart

Petro-king Oilfield Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.28 5.80 4.97 4.57 6.32

Petro-king Oilfield Services Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.99 2.37 2.46 3.35 3.49
HKSE:02178
28GF Score
Petro-king Oilfield Services Ltd HKSE:02178
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Petro-king Oilfield Services Inventory Turnover Calculation

Petro-king Oilfield Services'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 )
=62.927 / ((8.406 + 11.514) / 2 )
=62.927 / 9.96
=6.32

Petro-king Oilfield Services's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=34.736 / ((8.42 + 11.514) / 2 )
=34.736 / 9.967
=3.49

* 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 3.49 mean?
Petro-king Oilfield Services (HKSE:02178) has a Inventory Turnover of 3.49 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Petro-king Oilfield Services and its competitors.
Is Petro-king Oilfield Services' Inventory Turnover too high?
Petro-king Oilfield Services' current Inventory Turnover is 3.49. Overall, Petro-king Oilfield Services has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petro-king Oilfield Services' Inventory Turnover compare to SLB and BKR?
Petro-king Oilfield Services' Inventory Turnover of 3.49 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 Petro-king Oilfield Services and its competitors. Petro-king Oilfield Services's current Inventory Turnover is 3.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petro-king Oilfield Services stock overvalued right now?
Based on GuruFocus' analysis, Petro-king Oilfield Services (HKSE:02178) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.29 — trading 480% above its estimated fair value. The current Inventory Turnover is 3.49. Petro-king Oilfield Services' overall GF Score™ is 28/100 with 5 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 Petro-king Oilfield Services (HKSE:02178), the current Inventory Turnover is 3.49 as of Dec. 2025. 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 Petro-king Oilfield Services (HKSE:02178) Overvalued in 2026?

Based on GuruFocus' analysis, Petro-king Oilfield Services stock appears to be overvalued. The current stock price of HK$0.29 is trading 480% above its estimated GF Value™ of HK$0.05. GuruFocus considers Petro-king Oilfield Services to be Significantly Overvalued.

Key valuation signals for HKSE:02178:

  • Inventory Turnover: 3.49
  • GF Value™: HK$0.05 vs. price of HK$0.29 (480% above fair value)
  • GF Score™: 28/100 with 5 warning signs

No single metric tells the full story. See the HKSE:02178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Petro-king Oilfield Services Business Description

Industry EnergyOil & Gas
Address No. 3 Haide Road, Tiley Central Plaza, Room 705-710, 7th Floor, Tower A, Nanshan District, Guangdong, Shenzhen, CHN, 518054
Petro-king Oilfield Services Ltd provides oilfield and gas field technology services covering various stages in the life cycle of oilfields and gas fields including production enhancement, drilling, consultancy and integrated project management with auxiliary activities in the trading of oilfield and gas field related products. It has two reportable segments namely Oilfield project tools and services; and Consultancy services. Oilfield project tools and services include drilling work, production enhancement work, and well-completion work. It generates majority of its revenue from the Oilfield project tools and services segment. Geographically, the company operates in the People's Republic of China (PRC), the Middle East, and other countries, and generates majority of its revenue from PRC.
28GF Score

Get the complete analysis for HKSE:02178

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

HK$0.29
Price
HK$0.05
GF Value