Williams Partners LP (Williams Partners LP) Total Inventories : $153 Mil (As of Jun. 2018)

View and export this data going back to . Start your Free Trial

What is Williams Partners LP Total Inventories?

Williams Partners LP's total inventories for the quarter that ended in Jun. 2018 was $153 Mil. Williams Partners LP's average total inventories from the quarter that ended in Mar. 2018 to the quarter that ended in Jun. 2018 was $157 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Williams Partners LP's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Williams Partners LP's Days Inventory for the three months ended in Jun. 2018 was 13.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Williams Partners LP's Inventory Turnover for the quarter that ended in Jun. 2018 was 6.68.

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. Williams Partners LP's Inventory-to-Revenue for the quarter that ended in Jun. 2018 was 0.08.

Williams Partners LP Total Inventories Historical Data

The historical data trend for Williams Partners LP's Total Inventories 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.

Williams Partners LP Total Inventories Chart

Williams Partners LP Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Total Inventories

Get a 7-Day Free Trial

231.00

127.00

138.00

113.00

Williams Partners LP Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Total Inventories	Get a 7-Day Free Trial															150.00	144.00	113.00	160.00	153.00

Williams Partners LP Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Williams Partners LP (NYSE:ACMP) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Williams Partners LP's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 is

	Net-Net Working Capital Per Share (Q: Jun. 2018 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(255	+	0.75 * 742	+	0.5 * 153	-	23039
-	0	-	1360)	/	0
=	N/A

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

Williams Partners LP's Days Inventory for the three months ended in Jun. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2018 )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
	=	156.5	/	1045	*	365 / 4
	=	13.67

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

Williams Partners LP's Inventory Turnover for the quarter that ended in Jun. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2018 )	/	Average Total Inventories (Q: Jun. 2018 )
	=	1045	/	156.5
	=	6.68

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.

Williams Partners LP's Inventory to Revenue for the quarter that ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2018 )	/	Revenue (Q: Jun. 2018 )
	=	156.5	/	2086
	=	0.08

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Williams Partners LP Total Inventories Related Terms

Thank you for viewing the detailed overview of Williams Partners LP's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Williams Partners LP (Williams Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Williams Partners LP (NYSE:ACMP) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://co.williams.com

Williams Partners is a large pipeline company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering and processing and storage assets. It also owns a 60% stake in Discovery, which owns offshore natural gas assets in the Gulf of Mexico. Williams Companies, a publicly traded C-Corporation, owns a 74% interest in Williams Partners. The partnership owns the underlying assets while the corporation holds the stake in the limited partnership.

Executives

Philip L Frederickson	director	1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Ted T Timmermans	officer: VP, Controller, CAO	ONE WILLIAMS CENTER, TULSA OK 74172
John E Poarch	officer: SVP - Engineering Services	ONE WILLIAMS CENTER, TULSA OK 74172
Walter J Bennett	officer: Senior Vice President	525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Micheal G. Dunn	director, officer: Executive Vice President & COO	333 SOUTH STATE STREET, 333 SOUTH STATE STREET UT 84145-0433
Alan S Armstrong	director, officer: Chief Executive Officer	ONE WILLIAMS CENTER, TULSA OK 74102
Alice M Peterson	director	3333 BEVERLY RD B5-153A, HOFFMAN ESTTES IL 60179
John D Seldenrust	officer: Senior Vice President - E&C	525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
John D Chandler	officer: Sr. Vice President & CFO	ONE WILLIAMS CENTER, MD 4700, TULSA OK 74172
Chad J. Zamarin	officer: Senior Vice President	ONE WILLIAMS CENTER, TULSA OK 74172
Frank J Ferazzi	officer: Senior Vice President	2800 POST OAK BLVD, HOUSTON TX 77251
Terrance Lane Wilson	officer: SVP & General Counsel	ONE WILLIAMS CENTER, TULSA OK 74172
Robert S Purgason	director, officer: Senior Vice President	2818 S. VICTOR AVENUE, TULSA OK 74114
Sarah C. Miller	officer: Interim SVP & General Counsel	ONE WILLIAMS CENTER, TULSA OK 74172
Craig L Rainey	officer: General Counsel	ONE WILLIAMS CENTER, TULSA OK 74172

Williams Partners LP (Williams Partners LP) Headlines

From GuruFocus

Recent Analysis Shows Williams Partners, GameStop, Opko Health, Athersys, CSX, and Kratos Defense & Security Solutions Market Influences — Renewed Outlook, Key Drivers of Growth

By Marketwired Marketwired • 08-14-2018

The Best-Yielding Ex-Dividend Stocks on Feb. 4, 2013

By Dividend Dividend • 02-01-2013

T Boone Pickens Expands His Oil Empire

By Sydnee Gatewood Sydnee Gatewood • 08-17-2016

Classic 60/40 Portfolio Ready for the House of Pain

By Alex Barrow Alex Barrow • 06-01-2016

My 4 Favorite Picks From Last Week's Dividend Growth Stocks

By Dividend Dividend • 10-29-2012

My Three Favorite Stocks With Recent Dividend Growth

By Dividend Dividend • 03-31-2013

My 4 Favorite Stocks With Recent Dividend Growth

By Dividend Dividend • 08-04-2013