ConocoPhillips Inventory Turnover Ratio 2010-2023 | COP
Current and historical inventory turnover ratio for ConocoPhillips (COP) from 2010 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. ConocoPhillips inventory turnover ratio for the three months ending December 31, 2023 was 4.12.
| ConocoPhillips Inventory Turnover Ratio Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - US Integrated |
$150.357B |
$58.574B |
|
ConocoPhillips is primarily involved in the exploration and production of oil and natural gas. Considering proved reserves and production, the company is the largest explorer and producer in the world. The company, founded in 1875, has strong presence across conventional and unconventional plays in 16 countries. ConocoPhillips' low risk and cost-effective operations spread across North America, Asia, Australia and Europe. The upstream energy player also has foothold in Canada's oil sand resources and has exposure to developments related to liquefied natural gas (LNG).
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