Analysis of Inventory
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).
Inventory levels experienced a significant increase between the end of 2021 and the end of 2022, following a period of no reported inventory values from 2018 through 2020.
- Inventory Growth Trend
- Inventory rose from 114 million US$ as of December 31, 2021, to 201 million US$ as of December 31, 2022. This represents an absolute increase of 87 million US$, reflecting a growth rate of approximately 76.3% over the one-year period.
- Data Availability and Reporting
- The absence of reported values for the years 2018, 2019, and 2020 indicates either a shift in financial reporting disclosures, a change in asset classification, or a lack of material inventory holdings during those fiscal years.
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