Pioneer Natural Resources Co (BSP:P1IO34) Change In Inventory : R$-302 Mil (TTM As of Dec. 2023)

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What is Pioneer Natural Resources Co Change In Inventory?

Pioneer Natural Resources Co's change in inventory for the quarter that ended in Dec. 2023 was R$78 Mil. It means Pioneer Natural Resources Co's inventory declined by R$78 Mil from Sep. 2023 to Dec. 2023 .

Pioneer Natural Resources Co's change in inventory for the fiscal year that ended in Dec. 2023 was R$-279 Mil. It means Pioneer Natural Resources Co's inventory increased by R$279 Mil from Dec. 2022 to Dec. 2023 .

Pioneer Natural Resources Co's Total Inventories for the quarter that ended in Dec. 2023 was R$2,332 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pioneer Natural Resources Co's Days Inventory for the quarter that ended in Dec. 2023 was 13.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pioneer Natural Resources Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.75.

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. Pioneer Natural Resources Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.10.

Pioneer Natural Resources Co Change In Inventory Historical Data

The historical data trend for Pioneer Natural Resources Co'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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Pioneer Natural Resources Co Change In Inventory Chart

Pioneer Natural Resources Co Annual Data

Trend

Dec14

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Dec20

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Dec22

Dec23

Change In Inventory

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-82.09

-102.89

-706.86

-309.48

-279.29

Pioneer Natural Resources Co 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	Get a 7-Day Free Trial															-20.98	-328.14	189.29	-242.00	78.40

Pioneer Natural Resources Co 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 R$-302 Mil.

Pioneer Natural Resources Co (BSP:P1IO34) Change In Inventory Explanation

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

Pioneer Natural Resources Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2390.95	/	16139.941	*	365 / 4
	=	13.52

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

Pioneer Natural Resources Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16139.941	/	2390.95
	=	6.75

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.

Pioneer Natural Resources Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2390.95	/	24871.385
	=	0.10

Pioneer Natural Resources Co Change In Inventory Related Terms

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Pioneer Natural Resources Co (BSP:P1IO34) Business Description

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Traded in Other Exchanges

PXD:USA PXD:Mexico 1PXD:Italy PNK:Germany

Address

777 Hidden Ridge, Irving, TX, USA, 75038

Website

https://www.pxd.com

Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.

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