Innovex International (STU:DQU0) Inventory Turnover: 0.62 (As of Jun. 2026)

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STU:DQU0 Innovex International Inc STU:DQU0
21 GF Score
Price €24.20
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What is Innovex International Inventory Turnover?

Innovex International STU:DQU0 -1.63% 21 Inventory Turnover is 0.62 as of Jun. 2026. GuruFocus rates STU:DQU0 with a GF Score™ of 21/100. 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. Innovex International's Cost of Goods Sold for the three months ended in Jun. 2026 was €140.0 Mil. Innovex International's Average Total Inventories for the quarter that ended in Jun. 2026 was €224.4 Mil. Innovex International's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Innovex International's Days Inventory for the three months ended in Jun. 2026 was 146.27.

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. Innovex International's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 1.06.


Innovex International  (STU:DQU0) 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.

Innovex International's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=224.3565/139.964*365 / 4
=146.27

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.

Innovex International's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=224.3565 / 212.57
=1.06

* 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.


Innovex International Inventory Turnover Related Terms


Innovex International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Innovex International'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.

Innovex International Inventory Turnover Chart

Innovex International Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
2.25 2.77 2.56 2.11 2.45

Innovex International Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.54 0.59 0.74 0.62 0.62
STU:DQU0
21GF Score
Innovex International Inc STU:DQU0
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovex International Inventory Turnover Calculation

Innovex International'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 )
=576.425 / ((258.97 + 212.162) / 2 )
=576.425 / 235.566
=2.45

Innovex International's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=139.964 / ((218.834 + 229.879) / 2 )
=139.964 / 224.3565
=0.62

* 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 0.62 mean?
Innovex International (STU:DQU0) has a Inventory Turnover of 0.62 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Innovex International and its competitors.
Is Innovex International's Inventory Turnover too high?
Innovex International's current Inventory Turnover is 0.62. Overall, Innovex International has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Innovex International's Inventory Turnover compare to NEXT and XPRO?
Innovex International's Inventory Turnover of 0.62 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 Innovex International and its competitors. Innovex International's current Inventory Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovex International stock overvalued right now?
Innovex International (STU:DQU0) has a current Inventory Turnover of 0.62. The current Inventory Turnover is 0.62. Innovex International's overall GF Score™ is 21/100 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 Innovex International (STU:DQU0), the current Inventory Turnover is 0.62 as of Jun. 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.

Innovex International Business Description

Industry EnergyOil & Gas
Other Exchanges INVX:USA
Address 19120 Kenswick Drive, Humble, TX, USA, 77338
Innovex International Inc designs, manufactures, sells, and rents mission-critical engineered products to the oil and natural gas industry. Its products are Subsea, Surface Wellheads, Well Construction, Well Completion, Production Solutions, Fishing & Intervention. Its products support upstream onshore and offshore activities. The group's geographic regions are North America, Latin America, Middle East & Asia Pacific, and Europe & Africa.
21GF Score

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

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