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. NuStar Energy LP's Average Total Inventories for the quarter that ended in Dec. 2023 was $18 Mil. NuStar Energy LP's Revenue for the
three
months ended in Dec. 2023 was $452 Mil.
NuStar Energy LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.
NuStar Energy LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.03) to Sep. 2023 (0.04)
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.
NuStar Energy LP's Days Inventory for the
three
months ended in Dec. 2023 was 5.77.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NuStar Energy LP's Inventory Turnover for the quarter that ended in Dec. 2023 was 15.80.
NuStar Energy LP Inventory-to-Revenue Historical Data
The historical data trend for NuStar Energy 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.
Competitive Comparison of NuStar Energy LP's Inventory-to-Revenue
For the Oil & Gas Midstream subindustry, NuStar Energy 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.
NuStar Energy LP's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NuStar Energy LP's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where NuStar Energy LP's Inventory-to-Revenue falls into.
NuStar Energy LP Inventory-to-Revenue Calculation
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.
NuStar Energy LP's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 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.
NuStar Energy LP (NYSE:NS) Inventory-to-Revenue Explanation
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.
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.
NuStar Energy LP's Days Inventory for the
three
months ended in Dec. 2023 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.
NuStar Energy LP Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of NuStar Energy LP's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
NuStar Energy LP (NuStar Energy LP) Business Description
NuStar Energy LP is a US-based pipeline and terminal operator. The company along with its subsidiaries is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of crude oil and specialty chemicals, and the marketing of petroleum products. Its business is organized into the segments of; Pipeline, Storage, and Fuels Marketing. Geographically, the company operates in the United States and Foreign and derives key revenue from the Pipeline business.
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