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Sunoco LP (NYSE:SUN)
Days Inventory
11.06 (As of Jun. 2016)

Sunoco LP's average inventory for the three months ended in Jun. 2016 was $421 Mil. Sunoco LP's cost of goods sold for the three months ended in Jun. 2016 was $3,472 Mil. Hence, Sunoco LP's days inventory for the three months ended in Jun. 2016 was 11.06.

SUN' s Days Inventory Range Over the Past 10 Years
Min: 0.33   Max: 10.56
Current: 10.56

0.33
10.56

During the past 6 years, Sunoco LP's highest Days Inventory was 10.56. The lowest was 0.33. And the median was 0.42.

SUN's Days Inventory is ranked higher than
78% of the 156 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 26.89 vs. SUN: 10.56 )

Sunoco LP's days inventory increased from Jun. 2015 (4.13) to Jun. 2016 (11.06). It might indicate that Sunoco LP's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Sunoco LP's days sales of inventory (DSI) for the three months ended in Jun. 2016 was 9.47.

Inventory turnover measures how fast the company turns over its inventory within a year. Sunoco LP's inventory turnover for the three months ended in Jun. 2016 was 8.25.

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. Sunoco LP's inventory to revenue ratio for the three months ended in Jun. 2016 was 0.10.


Definition

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

Sunoco LP's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2014 ) + Inventory (A: Dec. 2015 )) / 2 ) / COGS (A: Dec. 2015 )*Days in Period
=( (440.294 + 416.504) / 2 ) / 15477.183*365
=428.399 / 15477.183*365
=10.10

Sunoco LP's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Mar. 2016 ) + Inventory (Q: Jun. 2016 )) / 2 ) / COGS (Q: Jun. 2016 )*Days in Period
=( (344.459 + 496.829) / 2 ) / 3471.6*365 / 4
=420.644 / 3471.6*365 / 4
=11.06

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


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

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

Sunoco LP's Days Sales of Inventory for the three months ended in Jun. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=420.644/4052.167*365 / 4
=9.47

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

Sunoco LP's Inventory Turnover for the three months 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.

Sunoco LP's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=420.644 / 4052.167
=0.10

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


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Related Terms

Cost of Goods Sold, Inventory, 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.

Sunoco LP Annual Data

Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 0.000.000.000.000.000.330.430.400.0010.10

Sunoco LP Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysInventory 1.792.520.000.005.774.137.9210.4712.8411.06
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