Devon Energy (Devon Energy) Change In Inventory

: $0 Mil (TTM As of Dec. 2023)

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Devon Energy's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Devon Energy's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Devon Energy's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Devon Energy's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Devon Energy's Total Inventories for the quarter that ended in Dec. 2023 was $249 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Devon Energy's Days Inventory for the quarter that ended in Dec. 2023 was 8.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Devon Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 10.38.

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. Devon Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Devon Energy Change In Inventory Historical Data

The historical data trend for Devon Energy's Change In Inventory 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.

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Devon Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Devon Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																-	-	-	-	-

Devon Energy Change In Inventory Calculation

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

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Devon Energy (NYSE:DVN) Change In Inventory Explanation

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

Devon Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	241	/	2502	*	365 / 4
	=	8.79

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

Devon Energy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2502	/	241
	=	10.38

3. 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.

Devon Energy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	241	/	4145
	=	0.06

Devon Energy Change In Inventory Related Terms

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Devon Energy (Devon Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Devon Energy Corp (NYSE:DVN) » Definitions » Change In Inventory

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DVN:Mexico 1DY6:Italy DY6d:UK DY6:Germany DY6:Germany DY6:Germany D1VN34:Brazil DVN:Austria

Address

333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015

Website

https://www.devonenergy.com

Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2022, Devon's proved reserves totaled 1.8 billion barrels of oil equivalent, and net production that year was 611 thousand boe/d, of which oil and natural gas liquids made up 73% of production, with natural gas accounting for the remainder.

Executives

Dennis C Cameron	officer: EVP and General Counsel	DEVON ENERGY, 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Clay M Gaspar	officer: EVP and COO	333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Richard E Muncrief	director, officer: President and CEO	333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
John E Bethancourt	director	6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Michael N Mears	director	ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172
Gennifer F. Kelly	director	1702 COMMERCE WAY, BRENTWOOD TN 37027
Valerie Williams	director	C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Ann G Fox	director	2001 KIRBY DRIVE, SUITE 200, HOUSTON TX 77019
Kelt Kindick	director	DEVON ENERGY CORP, 333 W SHERIDAN AVE, OKLAHOMA CITY OK 73102
Jeffrey L Ritenour	officer: EVP & CHIEF FINANCIAL OFFICER	333 W. SHERIDAN AVENUE, OKLAHOMA CITY OK 73102
Jeremy D. Humphers	officer: SVP Chief Accounting Officer	333 WEST SHERIDAN AVENUE, OKLAHOMA CITY OK 73102-5015
Tana K Cashion	officer: SVP Human Resources and Admin	333 W. SHERIDAN AVENUE, OKLAHOMA CITY OK 73102
Felix Investments Holdings Ii, Llc	director, 10 percent owner	1530 16TH STREET, SUITE 500, DENVER CO 80202
Encap Energy Capital Fund X, L.p.	director, 10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Karl F Kurz	director	DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102