Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

NOV Inc. (NOV) had Inventory Turnover of 3.55 for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$8.87B
Net Income	$635.00M
Cost of Goods Sold	$6.86B
Gross Profit	$2.01B
Operating Expenses	$7.99B
Operating Income	$876.00M
Non-Operating Income/Expense	$-45.00M
Pre-Tax Income	$831.00M
Normalized Pre-Tax Income	$831.00M
Income after Taxes	$635.00M
Income from Continuous Operations	$635.00M
Consolidated Net Income/Loss	$635.00M
Normalized Income after Taxes	$635.00M
EBIT	$876.00M
EBITDA	$1.22B
Weighted-Average Shares Outstanding (Basic)	392.00M
Weighted-Average Shares Outstanding (Diluted)	396.00M
Earnings per Share (EPS) (Basic)	$1.62
Earnings per Share (EPS) (Diluted)	$1.60
Balance Sheet Financials
Current Assets	$5.77B
Property, Plant, and Equipment	$1.92B
Long-Term Assets	$5.59B
Total Assets	$11.36B
Current Liabilities	$2.35B
Long-Term Debt	$1.70B
Long-Term Liabilities	$2.59B
Total Liabilities	$4.93B
Common Equity	$6.43B
Tangible Shareholders Equity	$4.29B
Shareholders Equity	$6.43B
Common Shares Outstanding	381.55M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.30B
Cash Flow from Investing Activities	$-471.00M
Cash Flow from Financial Activities	$-406.00M
Beginning Cash	$816.00M
End Cash	$1.23B
Increase/Decrease in Cash	$414.00M
Stock-Based Compensation	$70.00M
Common Stock Dividends Paid	$-108.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.46
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.21
Debt to Equity Ratio	0.27
Gross Margin	22.66%
Operating Margin	9.88%
EBIT Margin	9.88%
EBITDA Margin	13.74%
Pre-Tax Profit Margin	9.37%
Profit Margin	7.16%
Free Cash Flow	$953.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.78
Inventory Turnover	3.55
Receiveable Turnover	4.88
Days Sales in Receivables	74.85
Return on Equity	9.88%
Return on Tangible Equity	14.80%
Return on Assets	5.59%
Return on Investments	7.81%
Book Value Per Share	$16.85
Free Cash Flow per Share	$2.41
Operating Cash Flow per Share	$3.29

Data from Zacks Investment Research, Inc.