NOA (North American Construction Group) Inventory Turnover: 3.69 (As of Mar. 2026)


NOA North American Construction Group Ltd NOA
84 GF Score
Price $13.13
GF Value $24.49
Valuation Possible Value Trap
! 7 Warning Signs
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What is North American Construction Group Inventory Turnover?

North American Construction Group NOA +1.78% 84 Inventory Turnover is 3.69 as of Mar. 2026. GuruFocus rates NOA with a GF Score™ of 84/100 and a GF Value™ of $24.49 (Possible Value Trap). The stock has 7 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. North American Construction Group's Cost of Goods Sold for the three months ended in Mar. 2026 was $201.5 Mil. North American Construction Group's Average Total Inventories for the quarter that ended in Mar. 2026 was $54.6 Mil. North American Construction Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. North American Construction Group's Days Inventory for the three months ended in Mar. 2026 was 24.73.

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. North American Construction Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.23.


North American Construction Group  (NYSE:NOA) 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.

North American Construction Group'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
=54.5995/201.462*365 / 4
=24.73

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.

North American Construction Group'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 )
=54.5995 / 232.667
=0.23

* 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.


North American Construction Group Inventory Turnover Related Terms


North American Construction Group Inventory Turnover Historical Data

* Premium members only.

The historical data trend for North American Construction Group'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.

North American Construction Group Inventory Turnover Chart

North American Construction Group 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 17.70 13.75 14.18 13.85 15.75

North American Construction Group 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 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 4.21 3.93 3.58 3.56 3.69
NOA
84GF Score
North American Construction Group Ltd NOA
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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North American Construction Group Inventory Turnover Calculation

North American Construction Group'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 )
=813.343 / ((48.45 + 54.846) / 2 )
=813.343 / 51.648
=15.75

North American Construction Group'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 )
=201.462 / ((54.846 + 54.353) / 2 )
=201.462 / 54.5995
=3.69

* 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 3.69 mean?
North American Construction Group (NOA) has a Inventory Turnover of 3.69 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on North American Construction Group and its competitors.
Is North American Construction Group's Inventory Turnover too high?
North American Construction Group's current Inventory Turnover is 3.69. Overall, North American Construction Group has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North American Construction Group's Inventory Turnover compare to SLB and BKR?
North American Construction Group's Inventory Turnover of 3.69 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 North American Construction Group and its competitors. North American Construction Group's current Inventory Turnover is 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North American Construction Group stock overvalued right now?
Based on GuruFocus' analysis, North American Construction Group (NOA) is currently considered Possible Value Trap. The stock's GF Value™ is $24.49, compared to a current price of $13.13 — trading 46.4% below its estimated fair value. The current Inventory Turnover is 3.69. North American Construction Group's overall GF Score™ is 84/100 with 7 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 North American Construction Group (NOA), the current Inventory Turnover is 3.69 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 North American Construction Group (NOA) Overvalued in 2026?

Based on GuruFocus' analysis, North American Construction Group stock appears to be undervalued. The current stock price of $13.13 is trading 46.4% below its estimated GF Value™ of $24.49. GuruFocus considers North American Construction Group to be Possible Value Trap.

Key valuation signals for NOA:

  • Inventory Turnover: 3.69
  • GF Value™: $24.49 vs. price of $13.13 (46.4% below fair value)
  • GF Score™: 84/100 with 7 warning signs

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


North American Construction Group Business Description

Industry EnergyOil & Gas
Other Exchanges N5Z:GermanyNOA:Canada
Address 27287 - 100 Avenue Acheson, Acheson, AB, CAN, T7X 6H8
North American Construction Group Ltd is Canada's heavy civil construction and mining contractor provider. The company has provided services to oil, natural gas, and resource companies. The Company provides a wide range of mining and heavy civil construction services to customer in the resource development and industrial construction sectors within Canada, the United States, and Australia. The Company's reportable segments are Heavy Equipment Canada, Heavy Equipment Australia, and Other. Heavy Equipment Canada and Heavy Equipment Australia include all of aspects of the mining and heavy civil construction services provided within those geographic areas. Other includes mine management contract work in the United States, its external maintenance and rebuild programs.
84GF Score

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

$13.13
Price
$24.49
GF Value