What is Summit Midstream 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. Summit Midstream Partners LP's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.0 Mil. Summit Midstream Partners LP's Revenue for the
three
months ended in Dec. 2023 was $127.3 Mil.
Summit Midstream Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.
Summit Midstream Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023
stayed the same
from Sep. 2023 (0.00) to Sep. 2023 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Summit Midstream Partners LP's Days Inventory for the
three
months ended in Dec. 2023 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Summit Midstream Partners LP Inventory-to-Revenue Historical Data
* 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 Summit Midstream Partners LP's Inventory-to-Revenue
For the Oil & Gas Midstream subindustry, Summit Midstream 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.
Summit Midstream Partners LP's Inventory-to-Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Summit Midstream Partners LP's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Summit Midstream Partners LP's Inventory-to-Revenue falls into.
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.
Summit Midstream Partners 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.
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.
Summit Midstream Partners 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.
Summit Midstream Partners LP Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Summit Midstream Partners LP's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Summit Midstream Partners LP (Summit Midstream Partners LP) Business Description
Summit Midstream Partners LP is a United States-based energy solutions provider involved in the oil and gas industry. The company develops, owns, and operates midstream energy infrastructure assets. The company conduct and reports operations in the midstream energy industry through five reportable segments: Northeast, Rockies, Permian, Piceance, and Barnett. It offers systems that gather natural gas from pad sites, wells, and central receipt points connected to the company's systems with provisions to supply to processing plants, contractors, and end-users. The Majority of its assets are located in the producing areas of unconventional resource basins in the continental United States. It derives the majority of its revenues from the Piceance.
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