AmeriGas Partners LP (AmeriGas Partners LP) Inventory-to-Revenue : 0.23 (As of Jun. 2019)

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What is AmeriGas Partners LP Inventory-to-Revenue?

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. AmeriGas Partners LP's Average Total Inventories for the quarter that ended in Jun. 2019 was $108 Mil. AmeriGas Partners LP's Revenue for the three months ended in Jun. 2019 was $479 Mil. AmeriGas Partners LP's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.23.

AmeriGas Partners LP's Inventory-to-Revenue for the quarter that ended in Jun. 2019 increased from Mar. 2019 (0.13) to Mar. 2019 (0.23)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AmeriGas Partners LP's Days Inventory for the three months ended in Jun. 2019 was 45.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. AmeriGas Partners LP's Inventory Turnover for the quarter that ended in Jun. 2019 was 1.99.

AmeriGas Partners LP Inventory-to-Revenue Historical Data

The historical data trend for AmeriGas Partners LP's Inventory-to-Revenue 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.

AmeriGas Partners LP Inventory-to-Revenue Chart

AmeriGas Partners LP Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Inventory-to-Revenue

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0.05

0.04

AmeriGas Partners LP Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Inventory-to-Revenue	Get a 7-Day Free Trial															0.22	0.26	0.16	0.13	0.23

Competitive Comparison of AmeriGas Partners LP's Inventory-to-Revenue

For the Utilities - Regulated Gas subindustry, AmeriGas Partners LP's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AmeriGas Partners LP's Inventory-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, AmeriGas Partners LP's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where AmeriGas Partners LP's Inventory-to-Revenue falls into.

AmeriGas Partners LP Inventory-to-Revenue Calculation

AmeriGas Partners LP's Inventory-to-Revenue for the fiscal year that ended in Sep. 2018 is calculated as

	Inventory-to-Revenue (A: Sep. 2018 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Sep. 2017 )	+	Total Inventories (A: Sep. 2018 ))	/	count )	/	Revenue (A: Sep. 2018 )
=	( (116.679	+	130.527)	/	2 )	/	2822.978
=	123.603					/	2822.978
=	0.04

AmeriGas Partners LP's Inventory-to-Revenue for the quarter that ended in Jun. 2019 is calculated as

	Inventory-to-Revenue (Q: Jun. 2019 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Mar. 2019 )	+	Total Inventories (Q: Jun. 2019 ))	/	count )	/	Revenue (Q: Jun. 2019 )
=	( (115.353	+	99.672)	/	2 )	/	478.734
=	107.5125					/	478.734
=	0.22

AmeriGas Partners LP (NYSE:APU) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

AmeriGas Partners LP's Days Inventory for the three months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	107.5125	/	213.764	*	365 / 4
	=	45.89

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

AmeriGas Partners LP's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2019 )	/	Average Total Inventories (Q: Jun. 2019 )
	=	213.764	/	107.5125
	=	1.99

AmeriGas Partners LP Inventory-to-Revenue Related Terms

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AmeriGas Partners LP (AmeriGas Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » AmeriGas Partners LP (NYSE:APU) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

460 North Gulph Road, King of Prussia, PA, USA, 19406

Website

http://www.amerigas.com

AmeriGas Partners is the largest retail propane marketer in the United States. The company sells about 1.1 billion gallons of propane annually to 1.8 million customers across a diverse footprint in all 50 states. AmeriGas also sells, installs, and services propane appliances, including heating systems. Its general partner is AmeriGas Inc., a wholly owned subsidiary of UGI.

Executives

Ann P Kelly	officer: VP Finance and CFO	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Frank S Hermance	director	AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Marvin O Schlanger	director	C/O LYONDELLBASELL INDUSTRIES N.V., STATIONSPLEIN 45, ROTTERDAM P7 3013AK
John R. Hartmann	director	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Anne Pol	director
Hugh J. Gallagher	officer: President & CEO	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
K Rick Turner	director	111 CENTER ST, STE 2500, LITTLE ROCK AR 72201
Brian R. Ford	director	1 MILFORD WAY, MEDFORD NJ 08055
Pedro A Ramos	director	C/O FS INVESTMENT CORPORATION, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Roger Perreault	officer: EVP, Global LPG of GP parent	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
John L Walsh	director, officer: Chairman	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
William J Marrazzo	director
Laurie Bergman	officer: Controller & CAO	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406
Thaddeus J Jastrzebski	officer: Principal Financial Officer	THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Jerry E Sheridan	director, officer: President & CEO	460 NORTH GULPH ROAD, KING OF PRUSSIA PA 19406