Canadian Natural Resources (FRA:CRC) Total Inventories: €1,623 Mil (As of Dec. 2025)


FRA:CRC Canadian Natural Resources Ltd FRA:CRC
78 GF Score
Price €35.86
GF Value €29.55
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Canadian Natural Resources Total Inventories?

Canadian Natural Resources FRA:CRC -1.66% 78 Total Inventories is €1,623 Mil as of Dec. 2025. GuruFocus rates FRA:CRC with a GF Score™ of 78/100 and a GF Value™ of €29.55 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Canadian Natural Resources's total inventories for the quarter that ended in Dec. 2025 was €1,623 Mil. Canadian Natural Resources's average total inventories from the quarter that ended in Sep. 2025 to the quarter that ended in Dec. 2025 was €1,664 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Canadian Natural Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-12.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canadian Natural Resources's Days Inventory for the three months ended in Dec. 2025 was 28.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canadian Natural Resources's Inventory Turnover for the quarter that ended in Dec. 2025 was 3.19.

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. Canadian Natural Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.25.


Canadian Natural Resources  (FRA:CRC) 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.

Canadian Natural Resources's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(416.631+0.75 * 2475.64+0.5 * 1622.569-29383.295
-0-0)/2081.578
=-12.63

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

Canadian Natural Resources's Days Inventory for the three 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
=1663.962/5304.767*365 / 4
=28.62

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

Canadian Natural Resources's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=5304.767 / 1663.962
=3.19

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.

Canadian Natural Resources'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 )
=1663.962 / 6630.185
=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.


Canadian Natural Resources Total Inventories Related Terms


Canadian Natural Resources Total Inventories Historical Data

* Premium members only.

The historical data trend for Canadian Natural Resources'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.

Canadian Natural Resources Total Inventories Chart

Canadian Natural Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,070.30 1,261.22 1,390.26 1,872.19 1,622.57

Canadian Natural Resources 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 1,734.54 1,691.75 1,705.36 1,622.57 0.00
FRA:CRC
78GF Score
Canadian Natural Resources Ltd FRA:CRC
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Natural Resources 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 €1,623 Mil mean?
Canadian Natural Resources (FRA:CRC) has a Total Inventories of €1,623 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Canadian Natural Resources and its competitors.
Is Canadian Natural Resources' Total Inventories too high?
Canadian Natural Resources' current Total Inventories is €1,623 Mil. Overall, Canadian Natural Resources has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Natural Resources' Total Inventories compare to COP and EOG?
Canadian Natural Resources' Total Inventories of €1,623 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 Canadian Natural Resources and its competitors. Canadian Natural Resources's current Total Inventories is €1,623 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Natural Resources stock overvalued right now?
Based on GuruFocus' analysis, Canadian Natural Resources (FRA:CRC) is currently considered Modestly Overvalued. The stock's GF Value™ is €29.55, compared to a current price of €35.86 — trading 21.3% above its estimated fair value. The current Total Inventories is €1,623 Mil. Canadian Natural Resources' overall GF Score™ is 78/100 with 1 warning sign 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 Canadian Natural Resources (FRA:CRC), the current Total Inventories is €1,623 Mil 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 Canadian Natural Resources (FRA:CRC) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Natural Resources stock appears to be overvalued. The current stock price of €35.86 is trading 21.3% above its estimated GF Value™ of €29.55. GuruFocus considers Canadian Natural Resources to be Modestly Overvalued.

Key valuation signals for FRA:CRC:

  • Total Inventories: €1,623 Mil
  • GF Value™: €29.55 vs. price of €35.86 (21.3% above fair value)
  • GF Score™: 78/100 with 1 warning sign

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


Canadian Natural Resources Business Description

Industry EnergyOil & Gas
Address 855 - 2 Street S.W, Suite 2100, Calgary, AB, CAN, T2P 4J8
Canadian Natural Resources is the largest producer of oil and the second-largest producer of natural gas in Canada. It is principally involved in extracting heavy oils, natural gas, and bitumen through its drilling and mining operations. Bitumen from mining operations is upgraded into synthetic crude oil. Commodities produced are primarily exported to the US via pipeline. The company also has smaller offshore production operations in the North Sea and Africa.
78GF Score

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

€35.86
Price
€29.55
GF Value