Exxon Inventory Turnover Ratio 2010-2023 | XOM
Current and historical inventory turnover ratio for Exxon (XOM) 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. Exxon inventory turnover ratio for the three months ending December 31, 2023 was 2.50.
Exxon Inventory Turnover Ratio Historical Data |
Date |
|
|
|
Sector |
Industry |
Market Cap |
Revenue |
Oils/Energy |
Oil & Gas - International Integrated |
$451.501B |
$344.582B |
ExxonMobil's bellwether status in the energy space, optimal integrated capital structure that has historically produced industry-leading returns and management's track record of capex discipline across the commodity price cycle make it a relatively lower-risk energy sector play. The company owns some of the most prolific upstream assets globally. Other aspects of the company's story include the largest global refining operations, substantial chemicals assets and a dividend history and credit profile that are second to none in the space. ExxonMobil's capital spending discipline is quite aggressive. The company has a plan in place to allocate significant proportion of its budget to key oil and gas projects. The company's business perspective looks different from most peers since big oil rivals have pledged to lower carbon emissions to tackle climate change. ExxonMobil divides its operations into three main segments: Upstream, Downstream and Chemical.
|