Core Laboratories (MEX:CLB) Inventory Turnover: 1.89 (As of Mar. 2026)

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Core Laboratories Inc MEX:CLB

What is Core Laboratories Inventory Turnover?

Core Laboratories MEX:CLB 62 Inventory Turnover is 1.89 as of Mar. 2026. GuruFocus rates MEX:CLB with a GF Score™ of 62/100 and a GF Value™ of MXN1,333.14. The stock has 3 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. Core Laboratories's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN1,909 Mil. Core Laboratories's Average Total Inventories for the quarter that ended in Mar. 2026 was MXN1,012 Mil. Core Laboratories's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Core Laboratories's Days Inventory for the three months ended in Mar. 2026 was 48.37.

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. Core Laboratories's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.46.

Core Laboratories (MEX:CLB) 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.

Core Laboratories'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
	=	1011.6205	/	1908.527	*	365 / 4
	=	48.37

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.

Core Laboratories'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 )
	=	1011.6205	/	2196.329
	=	0.46

* 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.

Core Laboratories Inventory Turnover Related Terms

Core Laboratories Inventory Turnover Historical Data

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The historical data trend for Core Laboratories's Inventory Turnover can be seen below:

Core Laboratories Inventory Turnover Chart

Core Laboratories Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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9.37

7.59

5.89

7.40

7.01

Core Laboratories 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															1.73	1.73	1.81	1.99	1.89

62GF Score

Core Laboratories Inc MEX:CLB

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

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Core Laboratories Inventory Turnover Calculation

Core Laboratories'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 )
=	7782.712	/ (	(1238.87	+	981.239)	/	2 )
=	7782.712	/	1110.0545
=	7.01

Core Laboratories'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 )
=	1908.527	/ (	(981.239	+	1042.002)	/	2 )
=	1908.527	/	1011.6205
=	1.89

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.89 mean?

Core Laboratories (MEX:CLB) has a Inventory Turnover of 1.89 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Core Laboratories and its competitors.

Is Core Laboratories' Inventory Turnover too high?

Core Laboratories' current Inventory Turnover is 1.89. Overall, Core Laboratories has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.

How does Core Laboratories' Inventory Turnover compare to EROK and OIS?

Core Laboratories' Inventory Turnover of 1.89 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 Core Laboratories and its competitors. Core Laboratories's current Inventory Turnover is 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Core Laboratories stock overvalued right now?

Core Laboratories (MEX:CLB) has a current Inventory Turnover of 1.89. The stock's GF Value™ is MXN1,333.14, compared to a current price of MXN856.38 — trading 35.8% below its estimated fair value. The current Inventory Turnover is 1.89. Core Laboratories' overall GF Score™ is 62/100 with 3 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 Core Laboratories (MEX:CLB), the current Inventory Turnover is 1.89 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 Core Laboratories (MEX:CLB) Overvalued in 2026?

Based on GuruFocus' analysis, Core Laboratories stock appears to be undervalued. The current stock price of MXN856.38 is trading 35.8% below its estimated GF Value™ of MXN1,333.14.

Key valuation signals for MEX:CLB:

Inventory Turnover: 1.89
GF Value™: MXN1,333.14 vs. price of MXN856.38 (35.8% below fair value)
GF Score™: 62/100 with 3 warning signs

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

Core Laboratories Business Description

Industry Energy Oil & Gas

Comparable Companies EROK OIS NGS FET RNGR SND FTK NINE OMSE DWSN SLB BKR MIL:TEN HAL FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT KGS

Other Exchanges CLB:USA HJ1:Germany

Address 6316 Windfern Road, Houston, TX, USA, 77040

Website https://www.corelab.com

Core Laboratories Inc is a providers of proprietary and patented reservoir description and production enhancement services and products to the oil and gas industry, through client relationships. The company operates its business in two segments; Reservoir Description, and Production Enhancement. It provides data and analytics to aid well operators in determining optimal methods for recovering, processing, and refining hydrocarbons from a well. It also manufactures the associated lab equipment for its services. The company generates majority of its revenue from Reservoir Description segment.

62GF Score

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

MXN856.38

Price

MXN1,333.14

GF Value

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