Parex Resources (STU:QPX) Inventory Turnover: 34.06 (As of Mar. 2026)

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STU:QPX Parex Resources Inc STU:QPX
79 GF Score
Price €14.33
GF Value €14.60
Valuation Fairly Valued
! 4 Warning Signs
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What is Parex Resources Inventory Turnover?

Parex Resources STU:QPX +2.21% 79 Inventory Turnover is 34.06 as of Mar. 2026. GuruFocus rates STU:QPX with a GF Score™ of 79/100 and a GF Value™ of €14.60 (Fairly Valued). The stock has 4 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. Parex Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was €143.3 Mil. Parex Resources's Average Total Inventories for the quarter that ended in Mar. 2026 was €4.2 Mil. Parex Resources's Inventory Turnover for the quarter that ended in Mar. 2026 was 34.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Parex Resources's Days Inventory for the three months ended in Mar. 2026 was 2.68.

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. Parex Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.02.


Parex Resources  (STU:QPX) 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.

Parex Resources'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
=4.2085/143.328*365 / 4
=2.68

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.

Parex Resources'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 )
=4.2085 / 236.259
=0.02

* 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.


Parex Resources Inventory Turnover Related Terms


Parex Resources Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Parex Resources'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.

Parex Resources Inventory Turnover Chart

Parex Resources 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 284.47 230.40 159.34 242.27 191.22

Parex Resources 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 95.90 186.51 810.39 72.34 34.06
STU:QPX
79GF Score
Parex Resources Inc STU:QPX
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Parex Resources Inventory Turnover Calculation

Parex Resources'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 )
=537.427 / ((1.926 + 3.695) / 2 )
=537.427 / 2.8105
=191.22

Parex Resources'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 )
=143.328 / ((3.695 + 4.722) / 2 )
=143.328 / 4.2085
=34.06

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 34.06 mean?
Parex Resources (STU:QPX) has a Inventory Turnover of 34.06 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Parex Resources and its competitors.
Is Parex Resources' Inventory Turnover too high?
Parex Resources' current Inventory Turnover is 34.06. Overall, Parex Resources has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Parex Resources' Inventory Turnover compare to COP and EOG?
Parex Resources' Inventory Turnover of 34.06 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 Parex Resources and its competitors. Parex Resources's current Inventory Turnover is 34.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parex Resources stock overvalued right now?
Based on GuruFocus' analysis, Parex Resources (STU:QPX) is currently considered Fairly Valued. The stock's GF Value™ is €14.60, compared to a current price of €14.33 — trading 1.8% below its estimated fair value. The current Inventory Turnover is 34.06. Parex Resources' overall GF Score™ is 79/100 with 4 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 Parex Resources (STU:QPX), the current Inventory Turnover is 34.06 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 Parex Resources (STU:QPX) Overvalued in 2026?

Based on GuruFocus' analysis, Parex Resources stock appears to be undervalued. The current stock price of €14.33 is trading 1.8% below its estimated GF Value™ of €14.60. GuruFocus considers Parex Resources to be Fairly Valued.

Key valuation signals for STU:QPX:

  • Inventory Turnover: 34.06
  • GF Value™: €14.60 vs. price of €14.33 (1.8% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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


Parex Resources Business Description

Industry EnergyOil & Gas
Address 585 - 8th Avenue SW, Suite 2700, Eighth Avenue Place, West Tower, Calgary, AB, CAN, T2P 1G1
Parex Resources Inc engages in the exploration, development, production, and marketing of oil and natural gas. The company is focused on development in two main basins: Llanos and Magdalena. The majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. The company's operating segments are Columbia, its key revenue-generating segment, and Canada.
79GF Score

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

€14.33
Price
€14.60
GF Value