Imperial Oil (Imperial Oil) Days Inventory : 24.31 (As of Dec. 2023)

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What is Imperial Oil Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Imperial Oil's Average Total Inventories for the three months ended in Dec. 2023 was $2,081 Mil. Imperial Oil's Cost of Goods Sold for the three months ended in Dec. 2023 was $7,810 Mil. Hence, Imperial Oil's Days Inventory for the three months ended in Dec. 2023 was 24.31.

The historical rank and industry rank for Imperial Oil's Days Inventory or its related term are showing as below:

IMO' s Days Inventory Range Over the Past 10 Years
Min: 15.75 Med: 22.08 Max: 30.9
Current: 22.95

During the past 13 years, Imperial Oil's highest Days Inventory was 30.90. The lowest was 15.75. And the median was 22.08.

IMO's Days Inventory is ranked better than
59.32% of 730 companies
in the Oil & Gas industry
Industry Median: 31.555 vs IMO: 22.95

Imperial Oil's Days Inventory increased from Dec. 2022 (18.37) to Dec. 2023 (24.31). It might indicate that Imperial Oil's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Imperial Oil's Inventory Turnover for the three months ended in Dec. 2023 was 3.75.

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. Imperial Oil's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.

Imperial Oil Days Inventory Historical Data

The historical data trend for Imperial Oil'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.

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Imperial Oil Days Inventory Chart

Imperial Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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23.32

30.47

21.02

16.17

23.01

Imperial Oil Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															18.37	23.60	22.58	21.06	24.31

Competitive Comparison of Imperial Oil's Days Inventory

For the Oil & Gas Integrated subindustry, Imperial Oil'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.

Imperial Oil's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Imperial Oil's Days Inventory distribution charts can be found below:

* The bar in red indicates where Imperial Oil's Days Inventory falls into.

Imperial Oil Days Inventory Calculation

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

Imperial Oil's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1669.488	+	2200.358)	/	2 )	/	30698.42	*	365
=	1934.923					/	30698.42	*	365
=	23.01

Imperial Oil's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1961.422	+	2200.358)	/	2 )	/	7810.077	*	365 / 4
=	2080.89					/	7810.077	*	365 / 4
=	24.31

Imperial Oil (AMEX:IMO) 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.

Imperial Oil's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7810.077	/	2080.89
	=	3.75

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.

Imperial Oil's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2080.89	/	9233.005
	=	0.23

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.

Imperial Oil Days Inventory Related Terms

Thank you for viewing the detailed overview of Imperial Oil's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Imperial Oil (Imperial Oil) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

IMP:Germany IMO:Canada

Address

505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1

Website

https://www.imperialoil.ca

Imperial Oil is one of Canada's largest integrated oil companies, focusing on upstream operations, petroleum refining operations, and the marketing of petroleum products. Production averaged 398 thousand barrels of oil equivalent per day in 2020. The company estimates that it holds 5.2 billion boe of proved and probable crude oil and natural gas reserves. Imperial remains the largest refiner of petroleum products in Canada, operating three refineries with a combined processing capacity of 421 mboe/d. The Upstream segment operates to produce crude oil and its equivalent, and natural gas. The Downstream segment operates to refine crude oil into petroleum products. The Chemical segment manufactures hydrocarbon-based chemicals and chemical products.