Occidental Petroleum Corporation

NYSE OXY

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Occidental Petroleum Corporation Days in Inventory for the year ending December 31, 2023: 37.75

Occidental Petroleum Corporation Days in Inventory is 37.75 for the year ending December 31, 2023, a 8.48% change year over year. The days in inventory ratio measures the average number of days it takes for a company to sell its inventory. It is calculated by dividing 365 by the ratio of cost of revenue to the average of inventory and other current assets. This ratio indicates the efficiency of inventory management and the company's ability to convert inventory into sales within a specific period. A lower number of days in inventory is generally preferable.
  • Occidental Petroleum Corporation Days in Inventory for the year ending December 31, 2022 was 34.80, a 9.85% change year over year.
  • Occidental Petroleum Corporation Days in Inventory for the year ending December 31, 2021 was 31.68, a -7.03% change year over year.
  • Occidental Petroleum Corporation Days in Inventory for the year ending December 31, 2020 was 34.08, a -3.49% change year over year.
  • Occidental Petroleum Corporation Days in Inventory for the year ending December 31, 2019 was 35.31, a 5.32% change year over year.
NYSE: OXY

Occidental Petroleum Corporation

CEO Ms. Vicki A. Hollub
IPO Date Dec. 31, 1981
Location United States
Headquarters 5 Greenway Plaza, Houston, TX, United States, 77046-0521
Employees 12,570
Sector Energy
Industry Oil & gas e&p
Description

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, and North Africa. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; and vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

StockViz Staff

September 20, 2024

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