Occidental Petroleum Inventories decreased by 66.4% to $613.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 72.5%, from $2.23B to $613.00M. Over 5 years (FY 2020 to FY 2025), Inventories shows relatively stable performance with a -0.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase might suggest overproduction or weakening demand, while a decrease could indicate strong sales or potential supply chain shortages.
The carrying value of raw materials, work-in-process, and finished goods awaiting sale to consumers or enterprise client...
Consumer electronics firms strive for high inventory turnover to mitigate the risk of rapid technological depreciation.
inventories| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.87B | $1.80B | $1.85B | $1.51B | $1.66B | $2.04B | $2.06B | $2.43B | $2.14B | $2.10B | $2.02B | $2.24B | $2.92B | $2.38B | $2.10B | $2.23B | $1.97B | $2.21B | $1.82B | $613.00M |
| QoQ Change | — | -3.4% | +2.4% | -18.5% | +10.5% | +22.4% | +1.1% | +18.1% | -11.9% | -2.1% | -3.5% | +10.7% | +30.5% | -18.4% | -12.1% | +6.5% | -11.9% | +12.4% | -17.5% | -66.4% |
| YoY Change | — | — | — | — | -10.9% | +13.0% | +11.5% | +61.6% | +28.8% | +2.9% | -1.8% | -7.9% | +36.4% | +13.7% | +3.6% | -0.3% | -32.7% | -7.3% | -13.0% | -72.5% |