Analysis of Inventory
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- Income Statement
- Cash Flow Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Analysis of Liquidity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Enterprise Value (EV)
- Capital Asset Pricing Model (CAPM)
- Return on Assets (ROA) since 2005
- Total Asset Turnover since 2005
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Inventory Disclosure
Devon Energy Corp., balance sheet: inventory
US$ in millions
Based on: 10-K (reporting date: 2022-12-31), 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).
The analysis of the available annual financial data reveals a notable upward trend in inventory levels over the most recent periods. Specifically, inventory, measured in US dollars in millions, was not reported or was missing in the years preceding and including 2020. However, beginning in 2021, inventory was recorded at 114 million US dollars and experienced a significant increase to 201 million US dollars by the end of 2022.
- Inventory Trends
- The inventory value rose sharply from 114 million US dollars in 2021 to 201 million US dollars in 2022, representing a substantial increase in the inventory holding over the one-year period.
- This increase suggests either an accumulation of stockpiled resources or a strategic shift in asset management, potentially reflecting higher procurement, increased production capacity, or changes in supply chain dynamics.
- The absence of data in earlier periods makes it difficult to assess longer-term trends; however, the recent surge in inventory is clearly discernible and may indicate a response to market conditions or operational adjustments.