BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Inventory Turnover : 37.31 (As of Sep. 2017)

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What is BreitBurn Energy Partners LP Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. BreitBurn Energy Partners LP's Cost of Goods Sold for the three months ended in Sep. 2017 was $91.70 Mil. BreitBurn Energy Partners LP's Average Total Inventories for the quarter that ended in Sep. 2017 was $2.46 Mil. BreitBurn Energy Partners LP's Inventory Turnover for the quarter that ended in Sep. 2017 was 37.31.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BreitBurn Energy Partners LP's Days Inventory for the three months ended in Sep. 2017 was 2.45.

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. BreitBurn Energy Partners LP's Inventory-to-Revenue for the quarter that ended in Sep. 2017 was 0.02.

BreitBurn Energy Partners LP Inventory Turnover Historical Data

The historical data trend for BreitBurn Energy Partners LP's Inventory Turnover 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.

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BreitBurn Energy Partners LP Inventory Turnover Chart

BreitBurn Energy Partners LP Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Inventory Turnover

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50.14

75.35

93.39

195.65

378.30

BreitBurn Energy Partners LP Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Inventory Turnover	Get a 7-Day Free Trial															66.18	80.49	70.32	53.91	37.31

BreitBurn Energy Partners LP Inventory Turnover Calculation

BreitBurn Energy Partners LP's Inventory Turnover for the fiscal year that ended in Dec. 2016 is calculated as

	Inventory Turnover (A: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2016 )	/ (	(Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )
=	363.926	/ (	(0.926	+	0.998)	/	2 )
=	363.926	/	0.962
=	378.30

BreitBurn Energy Partners LP's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

	Inventory Turnover (Q: Sep. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2017 )	/ (	(Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Sep. 2017 ))	/	count )
=	91.696	/ (	(1.637	+	3.279)	/	2 )
=	91.696	/	2.458
=	37.31

BreitBurn Energy Partners LP (OTCPK:BBPPQ.PFD) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

BreitBurn Energy Partners LP's Days Inventory for the three months ended in Sep. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2017 )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
	=	2.458	/	91.696	*	365 / 4
	=	2.45

2. 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.

BreitBurn Energy Partners LP's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2017 )	/	Revenue (Q: Sep. 2017 )
	=	2.458	/	137.72
	=	0.02

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

BreitBurn Energy Partners LP Inventory Turnover Related Terms

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BreitBurn Energy Partners LP (BreitBurn Energy Partners LP) Business Description

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Address

Website

http://www.breitburn.com

Breitburn Energy Partners LP is engaged in the oil and gas market. It is an independent oil and gas partnership focused on the acquisition, exploitation, and development of oil, natural gas liquid (NGL) and natural gas properties in the United States. Its midstream assets include transmission and gathering pipelines, gas processing plants, NGL recovery plants, a controlling interest in a salt water disposal company.

Executives

Thomas E Thurmond	officer: Senior Vice President	515 S. FLOWER STREET SUITE 4800, LOS ANGELES CA 90071
Kurt Talbot	director	C/O EIG MANAGEMENT COMPANY, LLC, 1700 PENNSYLVANIA AVE NW, SUITE 800, WASHINGTON NY 20006
Donald D Wolf	director	1670 BROADWAY SUITE 2800, DENVER CO 80202
Walker C Friedman	director	515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Rogers W Yandell Iii	director	801 CHERRY STREET, SUITE 3700, UNIT 19, FORT WORTH TX 76102
David B Kilpatrick	director	35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Gregory J Moroney	director	515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Butler John R Jr	director	ANADARKO PETROLEUM CORPORATION, 1201 LAKE ROBBINS DR., THE WOODLANDS CA 77380
Charles S Weiss	director	515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Lawrence C Smith	officer: Vice President and Controller	515 SOUTH FLOWER STREET, SUITE 4800, SUITE 4800, LOS ANGELES CA 90071
Chris E Williamson	officer: Senior VP, Western Division	515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Bruce D Mcfarland	officer: VP, Treasurer and Secretary	BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Willis Jackson Washburn	officer: Senior VP, Business Dev.	C/O BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Randall Hart Breitenbach	officer: President	BREITBURN ENERGY PARTNERS L.P., 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Mark L Pease	officer: COO & Executive V.P.	C/O ANADARKO PETROLEUM CORP, 1201 LAKE ROBBINS DR, THE WOODLANDS CA 77380