Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.

Ratios (Summary)
Inventory Turnover
Working Capital Turnover
Average Inventory Processing Period

Exxon Mobil Corp., short-term (operating) activity ratios (quarterly data)

		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Turnover Ratios
	Inventory turnover
	Working capital turnover
	Average No. of Days
	Average inventory processing period

Ratio	Description	The company
Inventory turnover	An activity ratio calculated as cost of goods sold divided by inventory.	Exxon Mobil Corp.’s inventory turnover improved from Q2 2018 to Q3 2018 but then slightly deteriorated from Q3 2018 to Q4 2018.
Working capital turnover	An activity ratio calculated as revenue divided by working capital.

Ratio	Description	The company
Average inventory processing period	An activity ratio equal to the number of days in the period divided by inventory turnover over the period.

Exxon Mobil Corp., inventory turnover calculation (quarterly data)

		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data (USD $ in millions)
	Cost of operating revenues
	Inventories
	Ratio
	Inventory turnover¹

Q4 2018 Calculations

¹ Inventory turnover = (Cost of operating revenues_{Q4 2018} + Cost of operating revenues_{Q3 2018} + Cost of operating revenues_{Q2 2018} + Cost of operating revenues_{Q1 2018}) ÷ Inventories
= ( hidden + hidden + hidden + hidden ) ÷ hidden = hidden

Ratio	Description	The company
Inventory turnover	An activity ratio calculated as cost of goods sold divided by inventory.	Exxon Mobil Corp.’s inventory turnover improved from Q2 2018 to Q3 2018 but then slightly deteriorated from Q3 2018 to Q4 2018.

Exxon Mobil Corp., working capital turnover calculation (quarterly data)

		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data (USD $ in millions)
	Current assets
	Less: Current liabilities
	Working capital
	Sales and other operating revenue
	Ratio
	Working capital turnover¹

Q4 2018 Calculations

¹ Working capital turnover = (Sales and other operating revenue_{Q4 2018} + Sales and other operating revenue_{Q3 2018} + Sales and other operating revenue_{Q2 2018} + Sales and other operating revenue_{Q1 2018}) ÷ Working capital
= ( hidden + hidden + hidden + hidden ) ÷ hidden = hidden

Ratio	Description	The company
Working capital turnover	An activity ratio calculated as revenue divided by working capital.

Exxon Mobil Corp., average inventory processing period calculation (quarterly data)

		Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016	Dec 31, 2015	Sep 30, 2015	Jun 30, 2015	Mar 31, 2015	Dec 31, 2014	Sep 30, 2014	Jun 30, 2014	Mar 31, 2014
	Selected Financial Data
	Inventory turnover
	Ratio (no. of days)
	Average inventory processing period¹

Q4 2018 Calculations

¹ Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ hidden = hidden

Ratio	Description	The company
Average inventory processing period	An activity ratio equal to the number of days in the period divided by inventory turnover over the period.

	Exxon Mobil Corp.	Other companies (not purchased previously)
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Exxon Mobil Corp. (XOM)

Short-term (Operating) Activity Analysis
Quarterly Data

Ratios (Summary)

Inventory Turnover

Working Capital Turnover

Average Inventory Processing Period

Exxon Mobil Corp. (XOM)

Short-term (Operating) Activity AnalysisQuarterly Data

Ratios (Summary)

Inventory Turnover

Working Capital Turnover

Average Inventory Processing Period

Short-term (Operating) Activity Analysis
Quarterly Data