Switch to:
ConocoPhillips (NYSE:COP)
Change In Inventory
$61 Mil (As of Mar. 2016)

ConocoPhillips's change in inventory for the quarter that ended in Mar. 2016 was $61 Mil. It means ConocoPhillips's inventory increased by $61 Mil from Dec. 2015 to Mar. 2016 .

ConocoPhillips's change in inventory for the fiscal year that ended in Dec. 2015 was $166 Mil. It means ConocoPhillips's inventory increased by $166 Mil from Dec. 2014 to Dec. 2015 .

ConocoPhillips's inventory for the quarter that ended in Mar. 2016 was $1,072 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. ConocoPhillips's days inventory for the quarter that ended in Mar. 2016 was 27.99.

Inventory can be measured by Days Sales of Inventory (DSI). ConocoPhillips's days sales of inventory (DSI) for the quarter that ended in Mar. 2016 was 19.98.

Inventory turnover measures how fast the company turns over its inventory within a year. ConocoPhillips's inventory turnover for the quarter that ended in Mar. 2016 was 3.26.

Inventory to revenue ratio 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. ConocoPhillips's inventory to revenue ratio for the quarter that ended in Mar. 2016 was 0.22.


Definition

Change In Inventory is the difference between last period’s ending inventory and the current period’s ending inventory.


Explanation

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

ConocoPhillips's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

Days Inventory=Average Inventory/Cost of Goods Sold*Days in Period
=1098/3579*365 / 4
=27.99

2. Inventory can be measured by Days Sales of Inventory (DSI).

ConocoPhillips's Days Sales of Inventory for the quarter that ended in Mar. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=1098/5015*365 / 4
=19.98

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

ConocoPhillips's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

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.

ConocoPhillips's Inventory to Revenue for the quarter that ended in Mar. 2016 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Inventory, Days Inventory, Cost of Goods Sold, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

ConocoPhillips Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ChangeInInventory -828767-1,321320-363-81210-278-193166

ConocoPhillips Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ChangeInInventory 23-27-76-59-3177-35117761
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK