Analysis of Inventory
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- Common-Size Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Common Stock Valuation Ratios
- Enterprise Value (EV)
- Capital Asset Pricing Model (CAPM)
- Dividend Discount Model (DDM)
- Selected Financial Data since 2012
- Operating Profit Margin since 2012
- Total Asset Turnover since 2012
- Price to Sales (P/S) since 2012
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Inventory Disclosure
Diamondback Energy Inc., balance sheet: inventory
US$ in millions
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).
The inventory levels exhibit a fluctuating trend over the observed periods. Starting from a relatively low base of 9 million US dollars at the end of 2017, inventories increased significantly to 38 million US dollars by the end of 2018. This peak was sustained in 2019 with a minor decrease to 37 million US dollars. A decline followed in 2020, with inventories dropping to 33 million US dollars, possibly indicating a reduction in stock or improved inventory management. However, in 2021, inventories rose sharply to 62 million US dollars, reaching the highest level within the period under review.
This pattern suggests periods of inventory accumulation and reduction, potentially reflective of demand fluctuations, production adjustments, or strategic stockpiling. The substantial increase in 2021 may warrant further examination to understand underlying factors such as changes in operational strategy, supply chain considerations, or market conditions impacting inventory holding.