Shell (SHEL) Change In Inventory : $6,325 Mil (TTM As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Shell Change In Inventory?

Shell's change in inventory for the quarter that ended in Dec. 2023 was $4,088 Mil. It means Shell's inventory declined by $4,088 Mil from Sep. 2023 to Dec. 2023 .

Shell's change in inventory for the fiscal year that ended in Dec. 2023 was $6,325 Mil. It means Shell's inventory declined by $6,325 Mil from Dec. 2022 to Dec. 2023 .

Shell's Total Inventories for the quarter that ended in Dec. 2023 was $26,019 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shell's Days Inventory for the quarter that ended in Dec. 2023 was 35.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shell's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.59.

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. Shell's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.36.

Shell Change In Inventory Historical Data

The historical data trend for Shell'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.

* Premium members only.

Shell Change In Inventory Chart

Shell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-2,635.00

4,477.00

-7,319.00

-8,360.00

6,325.00

Shell 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															2,903.00	4,217.00	1,171.00	-3,151.00	4,088.00

Shell 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 $6,325 Mil.

Shell (NYSE:SHEL) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	28124.5	/	72773	*	365 / 4
	=	35.27

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	72773	/	28124.5
	=	2.59

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	28124.5	/	78732
	=	0.36

Shell Change In Inventory Related Terms

Thank you for viewing the detailed overview of Shell's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Shell (SHEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shell PLC (NYSE:SHEL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

RYDAF:USA SHELL:Netherlands SHEL:Mexico SHELl:UK SHEL:UK R6C0:Germany R6C0:Germany R6C0:Germany SHEL:Argentina

Address

Shell Centre, London, GBR, SE1 7NA

Website

https://www.shell.com

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 7.9 billion cubic feet of natural gas per day. At year-end 2022, reserves stood at 9.4 billion barrels of oil equivalent, 50% of which consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with capacity of 1.7 mmb/d located in the Americas, Asia, Africa, and Europe and sells 12 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.