ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Total Inventories: د.إ1,185 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADX:ADNOCDRILL ADNOC Drilling Company PJSC ADX:ADNOCDRILL
90 GF Score
Price د.إ5.82
GF Value د.إ6.49
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is ADNOC Drilling Company PJSC Total Inventories?

ADNOC Drilling Company PJSC ADX:ADNOCDRILL +1.22% 90 Total Inventories is د.إ1,185 Mil as of Mar. 2026. GuruFocus rates ADX:ADNOCDRILL with a GF Score™ of 90/100 and a GF Value™ of د.إ6.49 (Modestly Undervalued). The stock has 4 warning signs investors should review.

ADNOC Drilling Company PJSC's total inventories for the quarter that ended in Mar. 2026 was د.إ1,185 Mil. ADNOC Drilling Company PJSC's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was د.إ1,105 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ADNOC Drilling Company PJSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was د.إ-0.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ADNOC Drilling Company PJSC's Days Inventory for the three months ended in Mar. 2026 was 34.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. ADNOC Drilling Company PJSC's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.65.

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. ADNOC Drilling Company PJSC's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.25.


ADNOC Drilling Company PJSC  (ADX:ADNOCDRILL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

ADNOC Drilling Company PJSC's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1214.795+0.75 * 24.826+0.5 * 1185.037-14559.576
-0-157.47)/15991.275
=-0.81

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

ADNOC Drilling Company PJSC'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
=1104.888/2923.509*365 / 4
=34.49

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

ADNOC Drilling Company PJSC's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=2923.509 / 1104.888
=2.65

4. 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.

ADNOC Drilling Company PJSC'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 )
=1104.888 / 4509.524
=0.25

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


ADNOC Drilling Company PJSC Total Inventories Related Terms


ADNOC Drilling Company PJSC Total Inventories Historical Data

* Premium members only.

The historical data trend for ADNOC Drilling Company PJSC's Total Inventories 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.

ADNOC Drilling Company PJSC Total Inventories Chart

ADNOC Drilling Company PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial 642.78 563.25 756.93 819.27 1,024.74

ADNOC Drilling Company PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 894.29 834.45 994.51 1,024.74 1,185.04
ADX:ADNOCDRILL
90GF Score
ADNOC Drilling Company PJSC ADX:ADNOCDRILL
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ADNOC Drilling Company PJSC Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of د.إ1,185 Mil mean?
ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) has a Total Inventories of د.إ1,185 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for ADNOC Drilling Company PJSC and its competitors.
Is ADNOC Drilling Company PJSC's Total Inventories too high?
ADNOC Drilling Company PJSC's current Total Inventories is د.إ1,185 Mil. Overall, ADNOC Drilling Company PJSC has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ADNOC Drilling Company PJSC's Total Inventories compare to NE and RIG?
ADNOC Drilling Company PJSC's Total Inventories of د.إ1,185 Mil 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 Total Inventories for an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for ADNOC Drilling Company PJSC and its competitors. ADNOC Drilling Company PJSC's current Total Inventories is د.إ1,185 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADNOC Drilling Company PJSC stock overvalued right now?
Based on GuruFocus' analysis, ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ6.49, compared to a current price of د.إ5.82 — trading 10.3% below its estimated fair value. The current Total Inventories is د.إ1,185 Mil. ADNOC Drilling Company PJSC's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For ADNOC Drilling Company PJSC (ADX:ADNOCDRILL), the current Total Inventories is د.إ1,185 Mil 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 ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Overvalued in 2026?

Based on GuruFocus' analysis, ADNOC Drilling Company PJSC stock appears to be undervalued. The current stock price of د.إ5.82 is trading 10.3% below its estimated GF Value™ of د.إ6.49. GuruFocus considers ADNOC Drilling Company PJSC to be Modestly Undervalued.

Key valuation signals for ADX:ADNOCDRILL:

  • Total Inventories: د.إ1,185 Mil
  • GF Value™: د.إ6.49 vs. price of د.إ5.82 (10.3% below fair value)
  • GF Score™: 90/100 with 4 warning signs

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


ADNOC Drilling Company PJSC Business Description

Industry EnergyOil & Gas
Address SKEC 2, Zone 1 - E-17, P.O. Box 4017, Abu Dhabi, ARE
ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore, and OilField Services, with maximum revenue from the Onshore segment.
90GF Score

Get the complete analysis for ADX:ADNOCDRILL

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

د.إ5.82
Price
د.إ6.49
GF Value