Inventory Turnover Ratio benchmark
Inventory Turnover Ratio Benchmark for Oilfield Services (2026)
Last updated September 2026
In oilfield services, inventory turnover ratio typically runs 1.5–3 turns — below the cross-industry band of 3–6 turns. Project demand caps turns; above 3 is strong.
Inventory Turns = Cost of Goods Sold ÷ Average Inventory Oilfield services against the cross-industry band
| Industry | Typical Turns | What good looks like |
|---|---|---|
| All industrial distribution | 3–6 turns | Best-in-class distributors exceed 6 turns |
| Oilfield Services | 1.5–3 turns | Project demand caps turns; above 3 is strong |
Higher is better on this metric. Every other industry benchmarked for Turns is in the full benchmark table.
What inventory turnover ratio measures
Inventory turnover (turns) is how many times a business sells and replaces its average inventory in a year. Higher turns mean less cash tied up per dollar of sales.
The sectors landing closest to Oilfield services on this metric are Utilities & Power and Mining. A sector further away is not doing better or worse by definition — the band reflects what the work requires, which is why the comparison that matters is against your own history as much as against the industry.
Sources: Epicor / MDM
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