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EOG Resources Days Inventory

: 43.59 (As of Jun. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). EOG Resources's Average Total Inventories for the three months ended in Jun. 2022 was $663 Mil. EOG Resources's Cost of Goods Sold for the three months ended in Jun. 2022 was $1,387 Mil. Hence, EOG Resources's Days Inventory for the three months ended in Jun. 2022 was 43.59.

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

EOG' s Days Inventory Range Over the Past 10 Years
Min: 33.06   Med: 47.4   Max: 54.47
Current: 38.08

During the past 13 years, EOG Resources's highest Days Inventory was 54.47. The lowest was 33.06. And the median was 47.40.

EOG's Days Inventory is ranked worse than
57.72% of 719 companies
in the Oil & Gas industry
Industry Median: 29.85 vs EOG: 38.08

EOG Resources's Days Inventory increased from Jun. 2021 (37.49) to Jun. 2022 (43.59). It might indicate that EOG Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. EOG Resources's Inventory Turnover for the three months ended in Jun. 2022 was 2.09.

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. EOG Resources's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.08.


EOG Resources Days Inventory Historical Data

The historical data trend for EOG Resources'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.

EOG Resources 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 33.06 47.55 53.05 51.77 41.42

EOG Resources 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 37.49 35.26 36.48 34.73 43.59

Competitive Comparison

For the Oil & Gas E&P subindustry, EOG Resources'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.

   

EOG Resources Days Inventory Distribution

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

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



EOG Resources Days Inventory Calculation

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

EOG Resources'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
=( (629 + 584) / 2 ) / 5345*365
=606.5 / 5345*365
=41.42

EOG Resources'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
=( (586 + 739) / 2 ) / 1387*365 / 4
=662.5 / 1387*365 / 4
=43.59

* 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.


EOG Resources  (NYSE:EOG) 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.

EOG Resources'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.

EOG Resources'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.


EOG Resources Days Inventory Related Terms

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


EOG Resources Business Description

EOG Resources logo
Address
1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2021, it reported net proved reserves of 3.7 billion barrels of oil equivalent. Net production averaged 829 thousand barrels of oil equivalent per day in 2021 at a ratio of 72% oil and natural gas liquids and 28% natural gas.
Executives
Leitzell Jeffrey R. officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Kerr Michael T. director 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Robertson Julie J director 13135 S DAIRY ASHFORD STE 800 SUGAR LAND TX 77478
Boedeker Kenneth W. officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Yacob Ezra Y officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Gaut C Christopher director 1401 MCKINNEY STREET SUITE 2400 HOUSTON TX 77010
Daniels Robert P director EOG RESOURCES, INC 1111 BAGBY STREET, SKY LOBBY 2 HOUSTON TX 77002
Clark Janet F director
Trice David W officer: EVP, Exploration & Production 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Helms Lloyd W Jr officer: EVP, Operations 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Donaldson Michael P officer: VP, General Counsel & Corp Sec 1111 BAGBY STREET SKY LOBBY 2 HOUSTON TX 77002
Thomas William R. officer: Sr. Executive VP, Exploitation 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Janssen Ann D. officer: VP, Accounting 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Day James C director CIRCLE ?D? 2277 PLAZA DRIVE, SUITE 630 SUGAR LAND TX 77479
Plaeger Frederick J. Ii officer: Senior VP & General Counsel P.O. BOX 4362 HOUSTON TX 77210-4362

EOG Resources Headlines

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