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GuruFocus has detected 7 Warning Signs with Energy Transfer Partners LP \$ETP.
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Energy Transfer Partners LP (NYSE:ETP)
Change In Inventory
\$-142 Mil (As of Sep. 2016)

Energy Transfer Partners LP's change in inventory for the quarter that ended in Sep. 2016 was \$-142 Mil. It means Energy Transfer Partners LP's inventory increased by \$142 Mil from Jun. 2016 to Sep. 2016 .

Energy Transfer Partners LP's change in inventory for the fiscal year that ended in Dec. 2015 was \$-351 Mil. It means Energy Transfer Partners LP's inventory increased by \$351 Mil from Dec. 2014 to Dec. 2015 .

Energy Transfer Partners LP's inventory for the quarter that ended in Sep. 2016 was \$1,604 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. 2016 was 32.00.

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. 2016 was 24.99.

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. 2016 was 2.85.

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. 2016 was 0.27.

Definition

Change In Inventory is the difference between last periodÂ’s ending inventory and the current periodÂ’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. 2016 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 1514.5 / 4319 * 365 / 4 = 32.00

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. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 1514.5 / 5531 * 365 / 4 = 24.99

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. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 4319 / 1514.5 = 2.85

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. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 1514.5 / 5531 = 0.27

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Energy Transfer Partners LP Annual Data

 Aug06 Aug07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 ChangeInInventory -83 196 96 -102 15 68 -253 -254 51 -351

Energy Transfer Partners LP Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 ChangeInInventory -44 -117 -126 -35 -217 13 -112 -11 -146 -142
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