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NGL Energy Partners LP (NYSE:NGL)
Change In Inventory
\$3 Mil (As of Sep. 2016)

NGL Energy Partners LP's change in inventory for the quarter that ended in Sep. 2016 was \$3 Mil. It means NGL Energy Partners LP's inventory declined by \$3 Mil from Jun. 2016 to Sep. 2016 .

NGL Energy Partners LP's change in inventory for the fiscal year that ended in Mar. 2016 was \$75 Mil. It means NGL Energy Partners LP's inventory declined by \$75 Mil from Mar. 2015 to Mar. 2016 .

NGL Energy Partners LP's inventory for the quarter that ended in Sep. 2016 was \$520 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. NGL Energy Partners LP's days inventory for the quarter that ended in Sep. 2016 was 16.25.

Inventory can be measured by Days Sales of Inventory (DSI). NGL Energy Partners LP's days sales of inventory (DSI) for the quarter that ended in Sep. 2016 was 15.62.

Inventory turnover measures how fast the company turns over its inventory within a year. NGL Energy Partners LP's inventory turnover for the quarter that ended in Sep. 2016 was 5.62.

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. NGL Energy Partners LP's inventory to revenue ratio for the quarter that ended in Sep. 2016 was 0.17.

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.

NGL Energy 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 = 521.4375 / 2928.73 * 365 / 4 = 16.25

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

NGL Energy 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 = 521.4375 / 3045.538 * 365 / 4 = 15.62

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

NGL Energy Partners LP's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 2928.73 / 521.4375 = 5.62

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.

NGL Energy Partners LP's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 521.4375 / 3045.538 = 0.17

* 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.

NGL Energy Partners LP Annual Data

 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 ChangeInInventory 0 0 -0 8 0 30 18 -73 243 75

NGL Energy Partners LP Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 ChangeInInventory -64 -140 359 89 -47 81 -5 45 -155 3
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