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NGL Energy Partners LP (NYSE:NGL)
Change In Inventory
$-47 Mil (As of Jun. 2015)

NGL Energy Partners LP's change in inventory for the quarter that ended in Jun. 2015 was $-47 Mil. It means NGL Energy Partners LP's inventory declined by $47 Mil from Mar. 2015 to Jun. 2015 .

NGL Energy Partners LP's change in inventory for the fiscal year that ended in Mar. 2015 was $243 Mil. It means NGL Energy Partners LP's inventory increased by $243 Mil from Mar. 2014 to Mar. 2015 .

NGL Energy Partners LP's inventory for the quarter that ended in Jun. 2015 was $489 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 Jun. 2015 was 12.78.

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 Jun. 2015 was 12.00.

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 Jun. 2015 was 7.14.

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 Jun. 2015 was 0.13.


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.

NGL Energy Partners LP's Days Inventory for the quarter that ended in Jun. 2015 is calculated as:

Days Inventory=Average Inventory/Cost of Goods Sold*Days in Period
=465.413/3322.551*365 / 4
=12.78

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 Jun. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=465.413/3538.469*365 / 4
=12.00

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 Jun. 2015 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.

NGL Energy Partners LP's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=465.413 / 3538.469
=0.13

* 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.

NGL Energy Partners LP Annual Data

Mar09Mar10Mar11Mar12Mar13Mar14Mar15
ChangeInInventory 000-0803018-73243

NGL Energy Partners LP Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ChangeInInventory 107-81-1466292-64-14035989-47
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