Current Assets

Raw materials and supplies inventory, gross

ConocoPhillips Raw materials and supplies inventory, gross decreased by 1.9% to $856.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.0%, from $901.00M to $856.00M. Over 5 years (FY 2020 to FY 2025), Raw materials and supplies inventory, gross shows an upward trend with a 10.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase may signal anticipation of higher production volumes or a hedge against rising commodity prices, while a decrease may suggest supply shortages.

Detailed definition

This represents the total cost of basic materials and supplies held by the company before they enter the production proc...

Peer comparison

Peers in the industrial sector monitor this to gauge supply chain health and exposure to raw material price volatility.

Metric ID: inv_raw_materials_gross

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$561.00M$563.00M$581.00M$576.00M$578.00M$592.00M$611.00M$662.00M$722.00M$720.00M$724.00M$737.00M$902.00M$901.00M$884.00M$869.00M$873.00M$856.00M
QoQ Change+0.4%+3.2%-0.9%+0.3%+2.4%+3.2%+8.3%+9.1%-0.3%+0.6%+1.8%+22.4%-0.1%-1.9%-1.7%+0.5%-1.9%
YoY Change+3.0%+5.2%+5.2%+14.9%+24.9%+21.6%+18.5%+11.3%+24.9%+25.1%+22.1%+17.9%-3.2%-5.0%
Range$561.00M$902.00M
CAGR+10.5%
Avg YoY Growth+13.3%
Median YoY Growth+16.4%

Frequently Asked Questions

What is ConocoPhillips's raw materials and supplies inventory, gross?
ConocoPhillips (COP) reported raw materials and supplies inventory, gross of $856.00M in Q1 2026.
How has ConocoPhillips's raw materials and supplies inventory, gross changed year-over-year?
ConocoPhillips's raw materials and supplies inventory, gross decreased by 5.0% year-over-year, from $901.00M to $856.00M.
What is the long-term trend for ConocoPhillips's raw materials and supplies inventory, gross?
Over 5 years (2020 to 2025), ConocoPhillips's raw materials and supplies inventory, gross has grown at a 10.0% compound annual growth rate (CAGR), from $541.00M to $873.00M.
What does raw materials and supplies inventory, gross mean?
The value of basic materials and supplies held by the company before they are used to make products.