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ConocoPhillips COP Inventory turnover

Inventory turnover at other companies

Chevron logo
ChevronCVX
10.9×-1.6×
Occidental Petroleum logo
Occidental PetroleumOXY
1.3×-0.3×
Valero Energy logo
Valero EnergyVLO
16.1×-0.6×

Other financials

Income statement

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Revenue$15.8B-4.6%
Gross profit$9.5B-8.2%
Net income$2.2B-23.4%
EPS (diluted)$1.78-20.2%

Balance sheet

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Cash & equivalents$6.2B-5.7%
Total debt$23.3B-4.5%
Total equity$64.5B-1.1%
Total assets$122.73B-1.2%

Cash flow

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Operating cash flow$4.3B-29.8%

Valuation

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Market cap$135.49B+21.2%
Enterprise value$152.54B+18.2%
P/E18.5×+6.8×
P/S2.3×+0.4×

Profitability

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Gross margin61.5%-2.2pp
Net margin12.6%-4.0pp

Returns & leverage

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Return on equity11.3%-5.4pp
Debt / equity0.4×0.0×
Current ratio1.3×0.0×

Where this comes from

Calculated from ConocoPhillips’s reported figures.

Based on trailing twelve months.

The official record: ConocoPhillips’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ConocoPhillips's inventory turnover?
ConocoPhillips (COP) reported inventory turnover of 11.9× in Q1 2026.
How has ConocoPhillips's inventory turnover changed year-over-year?
ConocoPhillips's inventory turnover decreased by 5.9% year-over-year, from 12.7× to 11.9×.
What is the long-term trend for ConocoPhillips's inventory turnover?
Over 4 years (2021 to 2025), ConocoPhillips's inventory turnover has grown at a -0.4% compound annual growth rate (CAGR), from 52× to 51.2×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.