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Rose Rock Midstream LP (Rose Rock Midstream LP) Change In Inventory : $-10.4 Mil (TTM As of Jun. 2016)


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What is Rose Rock Midstream LP Change In Inventory?

Rose Rock Midstream LP's change in inventory for the quarter that ended in Jun. 2016 was $-19.3 Mil. It means Rose Rock Midstream LP's inventory increased by $19.3 Mil from Mar. 2016 to Jun. 2016 .

Rose Rock Midstream LP's change in inventory for the fiscal year that ended in Dec. 2015 was $-35.0 Mil. It means Rose Rock Midstream LP's inventory increased by $35.0 Mil from Dec. 2014 to Dec. 2015 .

Rose Rock Midstream LP's Total Inventories for the quarter that ended in Jun. 2016 was $76.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rose Rock Midstream LP's Days Inventory for the quarter that ended in Jun. 2016 was 40.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rose Rock Midstream LP's Inventory Turnover for the quarter that ended in Jun. 2016 was 2.23.

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. Rose Rock Midstream LP's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 0.39.


Rose Rock Midstream LP Change In Inventory Historical Data

The historical data trend for Rose Rock Midstream LP's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rose Rock Midstream LP Change In Inventory Chart

Rose Rock Midstream LP Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Change In Inventory
Get a 7-Day Free Trial 0.04 -3.25 -7.47 -1.61 -34.99

Rose Rock Midstream LP Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.70 18.28 -11.43 2.05 -19.27

Rose Rock Midstream LP Change In Inventory Calculation

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

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rose Rock Midstream LP  (NYSE:RRMS) Change In Inventory Explanation

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

Rose Rock Midstream LP's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=66.709/148.489*365 / 4
=40.99

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

Rose Rock Midstream LP's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

3. 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.

Rose Rock Midstream LP's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rose Rock Midstream LP Change In Inventory Related Terms

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Rose Rock Midstream LP (Rose Rock Midstream LP) Business Description

Traded in Other Exchanges
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Address
Rose Rock Midstream LP is a Delaware limited partnership formed in 2011. The Company is engaged in the business of crude oil gathering, transportation, storage, distribution and marketing in Colorado, Kansas, Minnesota, Montana, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas and Wyoming. We operate in the Bakken Shale in North Dakota and Montana, the Denver-Julesburg Basin ("DJ Basin") and the Niobrara Shale in the Rocky Mountain region, and the Granite Wash and Mississippi Lime Play in the Mid-Continent region. The Company's operating business segments are Transportation, Facilities, and Supply & Logistics. The Transportation segment operates crude oil pipelines and truck transportation businesses. The Facilities segment operates crude oil storage and terminal businesses. The Supply and Logistics segment operates a crude oil marketing business which utilizes our Transportation and Facilities assets for marketing purposes. Its competitors include Cushing include Blueknight Energy Partners, L.P., Enbridge Energy Partners, L.P., Enterprise Products Partners L.P., Magellan Midstream Partners, L.P. and Plains All American Pipeline, L.P. The Company' operations are subject to extensive regulation.
Executives
Carlin G. Conner director, officer: President and CEO of GP 6120 SOUTH YALE AVE., SUITE 1500, TULSA OK 74136
Ronald A Ballschmiede director 1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Semgroup Corp director, 10 percent owner TWO WARREN PLACE, 6120 SOUTH YALE AVENUE, SUITE 1500, TULSA OK 74136-4231
Candice L Cheeseman officer: VP and General Counsel of GP 6120 SOUTH YALE AVE., SUITE 1500, TULSA OK 74136
Peter L Schwiering director, officer: COO of GP 6120 SOUTH YALE AVENUE, SUITE 700, TULSA OK 74136
Mark E Monroe director 7130 S LEWIS 10TH FL, TULSA OK 74136
Paul Largess officer: VP, CAO & Controller of GP 6120 S YALE STE 700, TULSA OK 74136
Norman J Szydlowski director, officer: Pres., CEO & Director of GP 6120 S. YALE, SUITE 700, TULSA OK 74136

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