Devon Energy (XSWX:DVN) Inventory Turnover: 10.15 (As of Mar. 2026)


XSWX:DVN Devon Energy Corp XSWX:DVN
72 GF Score
Price CHF32.45
GF Value CHF40.70
! 4 Warning Signs
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What is Devon Energy Inventory Turnover?

Devon Energy XSWX:DVN 72 Inventory Turnover is 10.15 as of Mar. 2026. GuruFocus rates XSWX:DVN with a GF Score™ of 72/100 and a GF Value™ of CHF40.70. The stock has 4 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Devon Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was CHF2,634 Mil. Devon Energy's Average Total Inventories for the quarter that ended in Mar. 2026 was CHF259 Mil. Devon Energy's Inventory Turnover for the quarter that ended in Mar. 2026 was 10.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Devon Energy's Days Inventory for the three months ended in Mar. 2026 was 8.99.

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. Devon Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.09.

Devon Energy  (XSWX:DVN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Devon Energy's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=259.4535/2633.518*365 / 4
=8.99

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.

Devon Energy's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=259.4535 / 2997.251
=0.09

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Devon Energy Inventory Turnover Related Terms

Devon Energy Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Devon Energy's Inventory Turnover 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.

Devon Energy Inventory Turnover Chart

Devon Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.80 68.85 42.49 41.94 38.49

Devon Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 10.37 9.22 9.29 9.01 10.15
XSWX:DVN
72GF Score
Devon Energy Corp XSWX:DVN
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Devon Energy Inventory Turnover Calculation

Devon Energy's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=10197.929 / ((262.13 + 267.758) / 2 )
=10197.929 / 264.944
=38.49

Devon Energy's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=2633.518 / ((267.758 + 251.149) / 2 )
=2633.518 / 259.4535
=10.15

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 10.15 mean?
Devon Energy (XSWX:DVN) has a Inventory Turnover of 10.15 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Devon Energy and its competitors.
Is Devon Energy's Inventory Turnover too high?
Devon Energy's current Inventory Turnover is 10.15. Overall, Devon Energy has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Devon Energy's Inventory Turnover compare to OXY and FANG?
Devon Energy's Inventory Turnover of 10.15 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Oil & Gas company?
A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Devon Energy and its competitors. Devon Energy's current Inventory Turnover is 10.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devon Energy stock overvalued right now?
Devon Energy (XSWX:DVN) has a current Inventory Turnover of 10.15. The stock's GF Value™ is CHF40.70, compared to a current price of CHF32.45 — trading 20.3% below its estimated fair value. The current Inventory Turnover is 10.15. Devon Energy's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Devon Energy (XSWX:DVN), the current Inventory Turnover is 10.15 as of Mar. 2026. 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.

Is Devon Energy (XSWX:DVN) Overvalued in 2026?

Based on GuruFocus' analysis, Devon Energy stock appears to be undervalued. The current stock price of CHF32.45 is trading 20.3% below its estimated GF Value™ of CHF40.70.

Key valuation signals for XSWX:DVN:

  • Inventory Turnover: 10.15
  • GF Value™: CHF40.70 vs. price of CHF32.45 (20.3% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the XSWX:DVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Devon Energy Business Description

Industry EnergyOil & Gas
Address 333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. After the merger with Coterra, it will have a foothold in the gas-driven Appalachian Basin as well. At the end of 2025, Devon reported net proved reserves of 2.4 billion barrels of oil equivalent, up from 2.2 billion in 2024. Net production averaged roughly 840,000 barrels of oil equivalent per day in 2025 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
72GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF32.45
Price
CHF40.70
GF Value