Days Inventory is also known as Days Sales of Inventory (DSI). Exxon Mobil's Average Total Inventories for the
three
months ended in Dec. 2023 was $24,785 Mil. Exxon Mobil's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $63,985 Mil.
Hence, Exxon Mobil's Days Inventory for the
three
months ended in Dec. 2023 was 35.35.
The historical rank and industry rank for Exxon Mobil's Days Inventory or its related term are showing as below:
XOM'
s Days Inventory Range Over the Past 10 Years
Min: 19.1 Med: 32.57 Max: 40.02
Current: 35.51
During the past 13 years, Exxon Mobil's highest Days Inventory was 40.02. The lowest was 19.10. And the median was 32.57.
XOM's Days Inventory is ranked worse than 54.32% of 729
companies
in the Oil & Gas industry
Industry Median: 31.63
vs XOM: 35.51
Exxon Mobil's Days Inventory
increased
from Dec. 2022 (33.45) to Dec. 2023 (35.35).
It might indicate that Exxon Mobil's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Exxon Mobil's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.58.
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.
Exxon Mobil's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.30.
Exxon Mobil Days Inventory Historical Data
The historical data trend for Exxon Mobil'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.
Exxon Mobil Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
34.27
40.02
32.42
26.68
36.10
Exxon Mobil Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
33.45
36.75
36.00
33.57
35.35
Competitive Comparison
For the Oil & Gas Integrated subindustry, Exxon Mobil'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.
Exxon Mobil Days Inventory Distribution
For the Oil & Gas industry and Energy sector, Exxon Mobil's Days Inventory distribution charts can be found below:
* The bar in red indicates where Exxon Mobil's Days Inventory falls into.
Exxon Mobil Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Exxon Mobil's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Exxon Mobil (NYSE:XOM) 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.
Exxon Mobil's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Exxon Mobil's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Exxon Mobil Days Inventory Related Terms
Thank you for viewing the detailed overview of Exxon Mobil's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
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