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APA (APA) Days Inventory : 23.04 (As of Mar. 2025)


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What is APA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). APA's Average Total Inventories for the three months ended in Mar. 2025 was $411 Mil. APA's Cost of Goods Sold for the three months ended in Mar. 2025 was $1,628 Mil. Hence, APA's Days Inventory for the three months ended in Mar. 2025 was 23.04.

The historical rank and industry rank for APA's Days Inventory or its related term are showing as below:

APA' s Days Inventory Range Over the Past 10 Years
Min: 27.29   Med: 39.63   Max: 51.39
Current: 27.29

During the past 13 years, APA's highest Days Inventory was 51.39. The lowest was 27.29. And the median was 39.63.

APA's Days Inventory is ranked better than
56.33% of 703 companies
in the Oil & Gas industry
Industry Median: 32.55 vs APA: 27.29

APA's Days Inventory declined from Mar. 2024 (41.58) to Mar. 2025 (23.04).

Inventory Turnover measures how fast the company turns over its inventory within a year. APA's Inventory Turnover for the three months ended in Mar. 2025 was 3.96.

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. APA's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.16.


APA Days Inventory Historical Data

The historical data trend for APA's Days 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.

APA Days Inventory Chart

APA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.39 39.62 34.08 39.63 29.48

APA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.58 31.03 30.90 26.19 23.04

Competitive Comparison of APA's Days Inventory

For the Oil & Gas E&P subindustry, APA's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


APA's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, APA's Days Inventory distribution charts can be found below:

* The bar in red indicates where APA's Days Inventory falls into.


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APA Days Inventory Calculation

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

APA's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (453 + 425) / 2 ) / 5435*365
=439 / 5435*365
=29.48

APA's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (425 + 397) / 2 ) / 1628*365 / 4
=411 / 1628*365 / 4
=23.04

* 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.


APA  (NAS:APA) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

APA's Inventory Turnover for the three months ended in Mar. 2025 is calculated as

2. 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.

APA's Inventory to Revenue for the three months ended in Mar. 2025 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


APA Days Inventory Related Terms

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


APA Business Description

Address
2000 W. Sam Houston Pkwy S, Suite 200, Houston, TX, USA, 77042-3643
APA Corp is an independent exploration and production company. It develops, and produces crude oil, natural gas, and natural gas liquids. The Company's business has oil and gas operations in three geographic areas: the United States (U.S.), Egypt, and offshore the U.K. in the North Sea (North Sea). APA also has active development, exploration, and appraisal operations ongoing in Suriname, as well as exploration interests in Uruguay, Alaska, and other international locations.
Executives
Chansoo Joung director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Juliet S Ellis director C/O DONNELLEY FINANCIAL SOLUTIONS, 35 WEST WACKER DRIVE, CHICAGO IL 60601
Tracey K Henderson officer: Executive VP Exploration C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
Mark D Maddox officer: Executive VP - Administration C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
P Anthony Lannie officer: Exec. Vice Pres & Gen Counsel C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
David L Stover director NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Charles W Hooper director C/O APA CORPORATION, 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
D. Clay Bretches officer: Exec. VP, Operations C/O APACHE CORPORATION, 2000 POST OAK BLVD, STE 100, HOUSTON TX 77056
Rebecca A Hoyt officer: Sr. VP, Chief Acct Officer C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056-4400
Annell R Bay director C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Lamar Mckay director 2000 POST OAK BLVD STE 100, HOUSTON TX 77056
John E Lowe director 600 N DAIRY ASHFORD, HOUSTON TX 77079
Rene R Joyce director P.O. BOX 130430, HOUSTON TX 77219-0430
Daniel Wayne Rabun director 6 CHESTERFIELD GARDENS, 3RD FLOOR, LONDON X0 W1J 5BQ
Amy H Nelson director 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056