Switch to:
Energy Transfer Partners LP (NYSE:ETP)
Change In Inventory
$-102 Mil (As of Sep. 2014)

Energy Transfer Partners LP's change in inventory for the quarter that ended in Sep. 2014 was $-102 Mil. It means Energy Transfer Partners LP's inventory declined by $102 Mil from Jun. 2014 to Sep. 2014 .

Energy Transfer Partners LP's change in inventory for the fiscal year that ended in Dec. 2013 was $-256 Mil. It means Energy Transfer Partners LP's inventory declined by $256 Mil from Dec. 2012 to Dec. 2013 .

Energy Transfer Partners LP's inventory for the quarter that ended in Sep. 2014 was $1,700 Mil. Energy Transfer Partners LP's average inventory for the quarter that ended in Sep. 2014 was $1,598 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Energy Transfer Partners LP's days inventory for the quarter that ended in Sep. 2014 was 11.64.

Inventory can be measured by Days Sales of Inventory (DSI). Energy Transfer Partners LP's days sales of inventory (DSI) for the quarter that ended in Sep. 2014 was 10.71.

Inventory turnover measures how fast the company turns over its inventory within a year. Energy Transfer Partners LP's inventory turnover for the quarter that ended in Sep. 2014 was 7.84.

Inventory to revenue ratio determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Energy Transfer Partners LP's inventory to revenue ratio for the quarter that ended in Sep. 2014 was 0.12.


Definition

Change In Inventory is the difference between last period’s ending inventory and the current period’s ending inventory.


Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Energy Transfer Partners LP's Days Inventory for the quarter that ended in Sep. 2014 is calculated as:

Days Inventory
=( (Inventory (Q: Jun. 2014 )+Inventory (Q: Sep. 2014 ))/ 2 )/Cost of Goods Sold*Days in Period
=( (1496+1700)/ 2 )/12525*365 / 4
=1598/12525*365 / 4
=11.64

2. Inventory can be measured by Days Sales of Inventory (DSI).

Energy Transfer Partners LP's Days Sales of Inventory for the quarter that ended in Sep. 2014 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=1598/13618*365 / 4
=10.71

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Energy Transfer Partners LP's Inventory Turnover for the quarter that ended in Sep. 2014 is calculated as

4. Inventory to Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Energy Transfer Partners LP's Inventory to Revenue for the quarter that ended in Sep. 2014 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Inventory, Days Inventory, Cost of Goods Sold, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Energy Transfer Partners LP Annual Data

Aug04Aug05Aug06Aug07Dec08Dec09Dec10Dec11Dec12Dec13
ChangeInInventory 35-117-8319696-1021568-253-256

Energy Transfer Partners LP Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ChangeInInventory -72-6-197-48-16-68-124338-28-102
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK