The historical rank and industry rank for Pioneer Natural Resources Co's Days Inventory or its related term are showing as below:
BSP:P1IO34's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.01 * Ranked among companies with meaningful Days Inventory only.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Pioneer Natural Resources Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 6.73.
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
three
months ended in Mar. 2024 was 0.10.
Pioneer Natural Resources Co (BSP:P1IO34) 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.
Pioneer Natural Resources Co's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Pioneer Natural Resources Co's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Pioneer Natural Resources Co Days Inventory Related Terms
Pioneer Natural Resources Co Days Inventory Historical Data
* 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.
BSP:P1IO34 vs OXY, HES, EOG: Days Inventory Comparison
For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co'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.
Pioneer Natural Resources Co Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Pioneer Natural Resources Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Pioneer Natural Resources Co's Days Inventory falls into.
* 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.
Pioneer Natural Resources Co (BSP:P1IO34) has a Days Inventory of 13.57 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Pioneer Natural Resources Co and its competitors.
Is Pioneer Natural Resources Co's Days Inventory too high?
Pioneer Natural Resources Co's current Days Inventory is 13.57. The Oil & Gas industry median Days Inventory is 31.01. Pioneer Natural Resources Co's value of 13.57 is 56.2% below this industry median. Overall, Pioneer Natural Resources Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Pioneer Natural Resources Co's Days Inventory compare to OXY and HES?
Pioneer Natural Resources Co's Days Inventory of 13.57 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.01. Pioneer Natural Resources Co's value of 13.57 is 56.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.01, based on 687 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pioneer Natural Resources Co's current Days Inventory of 13.57 is 56.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Pioneer Natural Resources Co and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Natural Resources Co's current Days Inventory is 13.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Natural Resources Co stock overvalued right now?
Pioneer Natural Resources Co (BSP:P1IO34) has a current Days Inventory of 13.57. The current Days Inventory is 13.57 and 56.2% below the Oil & Gas industry median of 31.01. Pioneer Natural Resources Co's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Pioneer Natural Resources Co (BSP:P1IO34), the current Days Inventory is 13.57 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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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