Ghana Oil Co (XGHA:GOIL) Inventory Turnover: 35.19 (As of Dec. 2025)


XGHA:GOIL Ghana Oil Co Ltd XGHA:GOIL
76 GF Score
Price GHS7.98
GF Value GHS1.53
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Ghana Oil Co Inventory Turnover?

Ghana Oil Co XGHA:GOIL 76 Inventory Turnover is 35.19 as of Dec. 2025. GuruFocus rates XGHA:GOIL with a GF Score™ of 76/100 and a GF Value™ of GHS1.53 (Significantly Overvalued). The stock has 10 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. Ghana Oil Co's Cost of Goods Sold for the six months ended in Dec. 2025 was GHS16,437 Mil. Ghana Oil Co's Average Total Inventories for the quarter that ended in Dec. 2025 was GHS467 Mil. Ghana Oil Co's Inventory Turnover for the quarter that ended in Dec. 2025 was 35.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ghana Oil Co's Days Inventory for the six months ended in Dec. 2025 was 5.19.

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. Ghana Oil Co's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.03.

Ghana Oil Co  (XGHA:GOIL) 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.

Ghana Oil Co's Days Inventory for the six 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
=467.066/16436.734*365 / 2
=5.19

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.

Ghana Oil Co'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 )
=467.066 / 17226.259
=0.03

* 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.

Ghana Oil Co Inventory Turnover Related Terms

Ghana Oil Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ghana Oil Co'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.

Ghana Oil Co Inventory Turnover Chart

Ghana Oil Co 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 38.85 37.03 25.27 28.94 35.19

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 38.85 37.03 25.27 28.94 35.19
XGHA:GOIL
76GF Score
Ghana Oil Co Ltd XGHA:GOIL
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghana Oil Co Inventory Turnover Calculation

Ghana Oil Co'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 )
=16436.734 / ((595.478 + 338.654) / 2 )
=16436.734 / 467.066
=35.19

Ghana Oil Co'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: Dec. 2024 ) + Total Inventories (Q: Dec. 2025 )) / count )
=16436.734 / ((595.478 + 338.654) / 2 )
=16436.734 / 467.066
=35.19

* 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 35.19 mean?
Ghana Oil Co (XGHA:GOIL) has a Inventory Turnover of 35.19 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ghana Oil Co and its competitors.
Is Ghana Oil Co's Inventory Turnover too high?
Ghana Oil Co's current Inventory Turnover is 35.19. Overall, Ghana Oil Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's Inventory Turnover compare to VLO and MPC?
Ghana Oil Co's Inventory Turnover of 35.19 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 Ghana Oil Co and its competitors. Ghana Oil Co's current Inventory Turnover is 35.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghana Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Ghana Oil Co (XGHA:GOIL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.53, compared to a current price of GHS7.98 — trading 421.6% above its estimated fair value. The current Inventory Turnover is 35.19. Ghana Oil Co's overall GF Score™ is 76/100 with 10 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 Ghana Oil Co (XGHA:GOIL), the current Inventory Turnover is 35.19 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 Ghana Oil Co (XGHA:GOIL) Overvalued in 2026?

Based on GuruFocus' analysis, Ghana Oil Co stock appears to be overvalued. The current stock price of GHS7.98 is trading 421.6% above its estimated GF Value™ of GHS1.53. GuruFocus considers Ghana Oil Co to be Significantly Overvalued.

Key valuation signals for XGHA:GOIL:

  • Inventory Turnover: 35.19
  • GF Value™: GHS1.53 vs. price of GHS7.98 (421.6% above fair value)
  • GF Score™: 76/100 with 10 warning signs

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

Ghana Oil Co Business Description

Industry EnergyOil & Gas
Address Junction of Kojo Thompson and Adjabeng Roads, House Number D659/4, P. O. Box GP 3183, Adabraka, Accra, GHA
Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum and related products, particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly, and socially responsible manner.
76GF Score

Get the complete analysis for XGHA:GOIL

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

GHS7.98
Price
GHS1.53
GF Value