Chevron (XSWX:CVX) Total Inventories: CHF8,309 Mil (As of Mar. 2026)


XSWX:CVX Chevron Corp XSWX:CVX
62 GF Score
Price CHF141.52
GF Value CHF120.02
! 4 Warning Signs
View Full Analysis

What is Chevron Total Inventories?

Chevron XSWX:CVX 62 Total Inventories is CHF8,309 Mil as of Mar. 2026. GuruFocus rates XSWX:CVX with a GF Score™ of 62/100 and a GF Value™ of CHF120.02. The stock has 4 warning signs investors should review.

Chevron's total inventories for the quarter that ended in Mar. 2026 was CHF8,309 Mil. Chevron's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was CHF8,024 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Chevron's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was CHF-45.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chevron's Days Inventory for the three months ended in Mar. 2026 was 27.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chevron's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.34.

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. Chevron's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.21.


Chevron  (XSWX:CVX) 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.

Chevron'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)
=(4193.947+0.75 * 19884.049+0.5 * 8309.164-110363.714
-0-4452.969)/1991.598
=-45.97

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

Chevron'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
=8023.93/26825.673*365 / 4
=27.29

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

Chevron'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 )
=26825.673 / 8023.93
=3.34

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.

Chevron'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 )
=8023.93 / 37440.839
=0.21

* 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.


Chevron Total Inventories Related Terms


Chevron Total Inventories Historical Data

* Premium members only.

The historical data trend for Chevron'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.

Chevron Total Inventories Chart

Chevron 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 6,258.20 7,682.91 7,447.66 8,090.38 7,738.70

Chevron 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 8,099.96 7,166.73 8,308.10 7,738.70 8,309.16
XSWX:CVX
62GF Score
Chevron Corp XSWX:CVX
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chevron 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 CHF8,309 Mil mean?
Chevron (XSWX:CVX) has a Total Inventories of CHF8,309 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Chevron and its competitors.
Is Chevron's Total Inventories too high?
Chevron's current Total Inventories is CHF8,309 Mil. Overall, Chevron has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Chevron's Total Inventories compare to XOM and NFG?
Chevron's Total Inventories of CHF8,309 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 Chevron and its competitors. Chevron's current Total Inventories is CHF8,309 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chevron stock overvalued right now?
Chevron (XSWX:CVX) has a current Total Inventories of CHF8,309 Mil. The stock's GF Value™ is CHF120.02, compared to a current price of CHF141.52 — trading 17.9% above its estimated fair value. The current Total Inventories is CHF8,309 Mil. Chevron's overall GF Score™ is 62/100 with 4 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 Chevron (XSWX:CVX), the current Total Inventories is CHF8,309 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 Chevron (XSWX:CVX) Overvalued in 2026?

Based on GuruFocus' analysis, Chevron stock appears to be overvalued. The current stock price of CHF141.52 is trading 17.9% above its estimated GF Value™ of CHF120.02.

Key valuation signals for XSWX:CVX:

  • Total Inventories: CHF8,309 Mil
  • GF Value™: CHF120.02 vs. price of CHF141.52 (17.9% above fair value)
  • GF Score™: 62/100 with 4 warning signs

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


Chevron Business Description

Industry EnergyOil & Gas
Address 1400 Smith Street, Houston, TX, USA, 77002-7327
Chevron is an integrated energy company with exploration, production, and refining operations worldwide. It is the second-largest oil company in the United States with 2025 worldwide net oil-equivalent production of 3.7 million barrels per day, including 8.5 billion cubic feet per day of natural gas and 2.3 million barrels of liquids per day. Production takes place in North America, South America, Europe, Africa, Asia, and Australia. The company's refining networks arelocated in the United States and Asia, with a total worldwide refining capacity of 1.8 million barrels of oil a day at year-end 2025. Net proved reserves at year-end 2025 stood at 10.6 billion barrels of oil equivalent, consisting of 5.7 billion barrels of liquids and 29.2 trillion cubic feet of natural gas.
62GF Score

Get the complete analysis for XSWX:CVX

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

CHF141.52
Price
CHF120.02
GF Value