Woodside Energy Group (Woodside Energy Group) Change In Inventory : $-31 Mil (TTM As of Dec. 2023)

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What is Woodside Energy Group Change In Inventory?

Woodside Energy Group's change in inventory for the quarter that ended in Dec. 2023 was $41 Mil. It means Woodside Energy Group's inventory declined by $41 Mil from Jun. 2023 to Dec. 2023 .

Woodside Energy Group's change in inventory for the fiscal year that ended in Dec. 2023 was $-31 Mil. It means Woodside Energy Group's inventory increased by $31 Mil from Dec. 2022 to Dec. 2023 .

Woodside Energy Group's Total Inventories for the quarter that ended in Dec. 2023 was $616 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Woodside Energy Group's Days Inventory for the quarter that ended in Dec. 2023 was 32.93.

Inventory Turnover measures how fast the company turns over its inventory within a year. Woodside Energy Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.54.

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. Woodside Energy Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Woodside Energy Group Change In Inventory Historical Data

The historical data trend for Woodside Energy Group'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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Woodside Energy Group Change In Inventory Chart

Woodside Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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51.00

-4.00

-146.00

-31.00

Woodside Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															27.00	-39.00	-107.00	-72.00	41.00

Woodside Energy Group 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 semi-annually data reported by the company within the most recent 12 months, which was $-31 Mil.

Woodside Energy Group (OTCPK:WOPEF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	658	/	3647	*	365 / 2
	=	32.93

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3647	/	658
	=	5.54

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	658	/	6594
	=	0.10

Woodside Energy Group Change In Inventory Related Terms

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Woodside Energy Group (Woodside Energy Group) Business Description

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Address

11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000

Website

https://www.woodside.com.au

Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.