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ConocoPhillips Days Inventory

: 8.59 (As of Jun. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). ConocoPhillips's Average Total Inventories for the three months ended in Jun. 2022 was $1,204 Mil. ConocoPhillips's Cost of Goods Sold for the three months ended in Jun. 2022 was $12,785 Mil. Hence, ConocoPhillips's Days Inventory for the three months ended in Jun. 2022 was 8.59.

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

COP' s Days Inventory Range Over the Past 10 Years
Min: 10.56   Med: 15.59   Max: 26.45
Current: 12.35

During the past 13 years, ConocoPhillips's highest Days Inventory was 26.45. The lowest was 10.56. And the median was 15.59.

COP's Days Inventory is ranked better than
73.36% of 717 companies
in the Oil & Gas industry
Industry Median: 29.95 vs COP: 12.35

ConocoPhillips's Days Inventory declined from Jun. 2021 (16.34) to Jun. 2022 (8.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. ConocoPhillips's Inventory Turnover for the three months ended in Jun. 2022 was 10.62.

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. ConocoPhillips's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.06.


ConocoPhillips Days Inventory Historical Data

The historical data trend for ConocoPhillips'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.

ConocoPhillips Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.49 14.81 15.96 20.63 12.99

ConocoPhillips Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 16.34 13.74 10.45 10.70 8.59

Competitive Comparison

For the Oil & Gas E&P subindustry, ConocoPhillips'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.

   

ConocoPhillips Days Inventory Distribution

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

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



ConocoPhillips Days Inventory Calculation

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

ConocoPhillips's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (1002 + 1208) / 2 ) / 31060*365
=1105 / 31060*365
=12.99

ConocoPhillips's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (1174 + 1234) / 2 ) / 12785*365 / 4
=1204 / 12785*365 / 4
=8.59

* 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.


ConocoPhillips  (NYSE:COP) 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.

ConocoPhillips's Inventory Turnover for the three months ended in Jun. 2022 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.

ConocoPhillips's Inventory to Revenue for the three months ended in Jun. 2022 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.


ConocoPhillips Days Inventory Related Terms

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


ConocoPhillips Business Description

ConocoPhillips logo
Address
925 North Eldridge Parkway, Houston, TX, USA, 77079
ConocoPhillips is a U.S.-based independent exploration and production firm. At the end of 2020, it produced 727,000 barrels per day of oil and natural gas liquids and 2.4 billion cubic feet per day of natural gas, primarily from Alaska and the Lower 48 in the United States and Norway in Europe and several countries in Asia-Pacific and the Middle East. Proven reserves at year-end 2020 were 4.5 billion barrels of oil equivalent.
Executives
Harper Jack F officer: Executive Vice President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Haynes Welsh Kontessa S officer: Chief Accounting Officer SHIPPING & RECEIVING 16930 PARK ROW DR. HOUSTON TX 77084
Sirdashney Heather G officer: Vice President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Leach Timothy A director, officer: Executive Vice President 7220 MEADOW ROAD DALLAS TX 75230
Mullins Eric D. director HERITAGE PLAZA, 1111 BAGBY STREET SUITE 4600 HOUSTON TX 77002
Olds Nicholas G officer: Senior Vice President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Walker R A director 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Seaton David Thomas director 6700 LAS COLINAS BOULEVARD IRVING TX 75039
Macklon Dominic E. officer: President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Bullock William L. Jr. officer: President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Hatfield Michael D. officer: President SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Brooks Catherine A. officer: VP & Controller SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Mcraven William H. director SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Rose Kelly Brunetti officer: SVP & General Counsel SHIPPING & RECEIVING CENTER 16930 PARK ROW DR. HOUSTON TX 77084
Joerres Jeffrey A director 5301 NORTH IRONWOOD ROAD MILWAUKEE WI 53217

ConocoPhillips Headlines

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