Imperial Oil (TSX:IMO) Total Inventories: C$2,841 Mil (As of Mar. 2026)


TSX:IMO Imperial Oil Ltd TSX:IMO
80 GF Score
Price C$160.92
GF Value C$113.41
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Imperial Oil Total Inventories?

Imperial Oil TSX:IMO +0.33% 80 Total Inventories is C$2,841 Mil as of Mar. 2026. GuruFocus rates TSX:IMO with a GF Score™ of 80/100 and a GF Value™ of C$113.41 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Imperial Oil's total inventories for the quarter that ended in Mar. 2026 was C$2,841 Mil. Imperial Oil's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was C$2,873 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Imperial Oil's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was C$-30.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Imperial Oil's Days Inventory for the three months ended in Mar. 2026 was 25.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Imperial Oil's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.64.

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. Imperial Oil's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.24.


Imperial Oil  (TSX:IMO) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Imperial Oil's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1029+0.75 * 7649+0.5 * 2841-22705
-0-0)/483.593
=-30.02

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

Imperial Oil'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
=2872.5/10452*365 / 4
=25.08

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=10452 / 2872.5
=3.64

4. 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.

Imperial Oil'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 )
=2872.5 / 12068
=0.24

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Imperial Oil Total Inventories Related Terms


Imperial Oil Total Inventories Historical Data

* Premium members only.

The historical data trend for Imperial Oil's Total Inventories 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.

Imperial Oil Total Inventories Chart

Imperial Oil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,791.00 2,268.00 2,952.00 2,617.00 2,904.00

Imperial Oil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 2,871.00 2,670.00 2,936.00 2,904.00 2,841.00
TSX:IMO
80GF Score
Imperial Oil Ltd TSX:IMO
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Imperial Oil Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of C$2,841 Mil mean?
Imperial Oil (TSX:IMO) has a Total Inventories of C$2,841 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Imperial Oil and its competitors.
Is Imperial Oil's Total Inventories too high?
Imperial Oil's current Total Inventories is C$2,841 Mil. Overall, Imperial Oil has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Oil's Total Inventories compare to XOM and CVX?
Imperial Oil's Total Inventories of C$2,841 Mil 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 Total Inventories for an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Imperial Oil and its competitors. Imperial Oil's current Total Inventories is C$2,841 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Oil stock overvalued right now?
Based on GuruFocus' analysis, Imperial Oil (TSX:IMO) is currently considered Significantly Overvalued. The stock's GF Value™ is C$113.41, compared to a current price of C$160.92 — trading 41.9% above its estimated fair value. The current Total Inventories is C$2,841 Mil. Imperial Oil's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Imperial Oil (TSX:IMO), the current Total Inventories is C$2,841 Mil 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 Imperial Oil (TSX:IMO) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Oil stock appears to be overvalued. The current stock price of C$160.92 is trading 41.9% above its estimated GF Value™ of C$113.41. GuruFocus considers Imperial Oil to be Significantly Overvalued.

Key valuation signals for TSX:IMO:

  • Total Inventories: C$2,841 Mil
  • GF Value™: C$113.41 vs. price of C$160.92 (41.9% above fair value)
  • GF Score™: 80/100 with 2 warning signs

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


Imperial Oil Business Description

Industry EnergyOil & Gas
Other Exchanges IMO:USAIMP:Germany
Address 505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
Imperial Oil Ltd is an integrated oil company active in all phases of the petroleum industry in Canada, including the exploration for, and production and sale of, crude oil, natural gas, petroleum products, and petrochemicals. It also pursues lower-emission business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, and lithium. The company's reportable segments are Upstream, Downstream, and Chemical. Maximum revenue for the company is generated from its Downstream segment, which refines crude oil into petroleum products and distributes and market these products. The Upstream segment explores and produces crude oil, its equivalents, and natural gas, and the Chemical segment manufactures and markets hydrocarbon-based chemicals and chemical products.
80GF Score

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

C$160.92
Price
C$113.41
GF Value