National Gas CoOG (MUS:NGCI) Inventory Turnover: 13.64 (As of Dec. 2025)


MUS:NGCI National Gas Co SAOG MUS:NGCI
30 GF Score
Price ر.ع0.11
GF Value ر.ع0.09
Valuation Modestly Overvalued
! 9 Warning Signs
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What is National Gas CoOG Inventory Turnover?

National Gas CoOG MUS:NGCI +1.85% 30 Inventory Turnover is 13.64 as of Dec. 2025. GuruFocus rates MUS:NGCI with a GF Score™ of 30/100 and a GF Value™ of ر.ع0.09 (Modestly Overvalued). The stock has 9 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. National Gas CoOG's Cost of Goods Sold for the three months ended in Dec. 2025 was ر.ع19.61 Mil. National Gas CoOG's Average Total Inventories for the quarter that ended in Dec. 2025 was ر.ع1.44 Mil. National Gas CoOG's Inventory Turnover for the quarter that ended in Dec. 2025 was 13.64.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Gas CoOG's Days Inventory for the three months ended in Dec. 2025 was 6.69.

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. National Gas CoOG's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.07.

National Gas CoOG  (MUS:NGCI) 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.

National Gas CoOG's Days Inventory for the three 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
=1.4375/19.607*365 / 4
=6.69

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.

National Gas CoOG'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 )
=1.4375 / 20.46
=0.07

* 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.

National Gas CoOG Inventory Turnover Related Terms

National Gas CoOG Inventory Turnover Historical Data

* Premium members only.

The historical data trend for National Gas CoOG'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.

National Gas CoOG Inventory Turnover Chart

National Gas CoOG 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 46.42 50.59 49.19 45.12 47.46

National Gas CoOG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 9.86 11.54 12.54 11.24 13.64
MUS:NGCI
30GF Score
National Gas Co SAOG MUS:NGCI
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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National Gas CoOG Inventory Turnover Calculation

National Gas CoOG'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 )
=79.931 / ((1.998 + 1.37) / 2 )
=79.931 / 1.684
=47.46

National Gas CoOG'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: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=19.607 / ((1.505 + 1.37) / 2 )
=19.607 / 1.4375
=13.64

* 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 13.64 mean?
National Gas CoOG (MUS:NGCI) has a Inventory Turnover of 13.64 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on National Gas CoOG and its competitors.
Is National Gas CoOG's Inventory Turnover too high?
National Gas CoOG's current Inventory Turnover is 13.64. Overall, National Gas CoOG has a GF Score™ of 30/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Gas CoOG's Inventory Turnover compare to ATO and NI?
National Gas CoOG's Inventory Turnover of 13.64 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Inventory Turnover depends on the Utilities - Regulated 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 National Gas CoOG and its competitors. National Gas CoOG's current Inventory Turnover is 13.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Gas CoOG stock overvalued right now?
Based on GuruFocus' analysis, National Gas CoOG (MUS:NGCI) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.09, compared to a current price of ر.ع0.11 — trading 22.2% above its estimated fair value. The current Inventory Turnover is 13.64. National Gas CoOG's overall GF Score™ is 30/100 with 9 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 National Gas CoOG (MUS:NGCI), the current Inventory Turnover is 13.64 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 National Gas CoOG (MUS:NGCI) Overvalued in 2026?

Based on GuruFocus' analysis, National Gas CoOG stock appears to be overvalued. The current stock price of ر.ع0.11 is trading 22.2% above its estimated GF Value™ of ر.ع0.09. GuruFocus considers National Gas CoOG to be Modestly Overvalued.

Key valuation signals for MUS:NGCI:

  • Inventory Turnover: 13.64
  • GF Value™: ر.ع0.09 vs. price of ر.ع0.11 (22.2% above fair value)
  • GF Score™: 30/100 with 9 warning signs

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

National Gas CoOG Business Description

Address Al Khuwair Office, Al Khuwair, ONEIC Building, Muscat, OMN
National Gas Co SAOG operates as a Liquefied Petroleum Gas filling plant. The company is engaged in the marketing, selling, and distribution of LPG. The group's only business segment is the marketing and selling of LPG. It operates a large fleet of tankers to lift bulk LPG from refineries in the Sultanate to its plants where it is bottled into cylinders in safe and controlled conditions. The company has different sizes of tankers to meet customer demand and reduce distribution costs. The company has different departments for project and design which takes care of design, engineering, procurement, installation, commissioning and testing of all projects and post-sale services.
30GF Score

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

ر.ع0.11
Price
ر.ع0.09
GF Value