What is Drilling Tools International's inventory turnover?

Drilling Tools International (DTI) reported inventory turnover of 3.4× in Q4 2024.

What does inventory turnover mean?

Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.

Drilling Tools International DTI Inventory turnover

Inventory turnover at other companies

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2.6×+0.1×

Forum Energy TechnologiesFET

2.1×+0.4×

KLX Energy Services Holdings, Inc.KLXE

14×-0.4×

Nabors IndustriesNBR

12×-1.2×

Helmerich & PayneHP

8.4×-0.6×

Innovex InternationalINVX

2.5×+0.4×

Other financials

Income statement

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Revenue$38.0M-11.5%

Gross profit$29.0M-0.5%

Operating income$3.3M-35.6%

Net income-$1.5M+7.7%

EPS (diluted)-$0.04+20.0%

Balance sheet

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Cash & equivalents$2.8M+1.8%

Total debt$44.2M-9.3%

Total equity$120.4M-1.9%

Total assets$224.7M-3.6%

Cash flow

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Operating cash flow-$3.2M-230%

CapEx$7.7M+52.4%

Free cash flow-$10.9M-315%

Valuation

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Market cap$67.82M-35.2%

Enterprise value$109.2M-27.9%

P/S0.4×-0.2×

Profitability

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Gross margin75.1%-29.7pp

Operating margin7.2%-8.6pp

Net margin5.5%-3.2pp

FCF margin-14.7%-151pp

Returns & leverage

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Return on equity13.4%-28.2pp

Debt / equity0.4×0.0×

Current ratio2.2×+0.2×

Where this comes from

Calculated from Drilling Tools International’s reported figures.

total cost of revenue/inventories=3.4×

Based on trailing twelve months.

The official record: Drilling Tools International’s 10-K, filed March 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Drilling Tools International's inventory turnover?: Drilling Tools International (DTI) reported inventory turnover of 3.4× in Q4 2024.
What does inventory turnover mean?: Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.