Plains GP Holdings LP (Plains GP Holdings LP) Change In Inventory

: $0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

Plains GP Holdings LP's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Plains GP Holdings LP's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Plains GP Holdings LP's change in inventory for the fiscal year that ended in Dec. 2023 was $223 Mil. It means Plains GP Holdings LP's inventory declined by $223 Mil from Dec. 2022 to Dec. 2023 .

Plains GP Holdings LP's Total Inventories for the quarter that ended in Dec. 2023 was $548 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Plains GP Holdings LP's Days Inventory for the quarter that ended in Dec. 2023 was 4.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Plains GP Holdings LP's Inventory Turnover for the quarter that ended in Dec. 2023 was 20.31.

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. Plains GP Holdings LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Plains GP Holdings LP Change In Inventory Historical Data

The historical data trend for Plains GP Holdings LP's Change In Inventory 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.

Plains GP Holdings LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-5.00

-304.00

-18.00

-10.00

223.00

Plains GP Holdings LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Plains GP Holdings LP Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Plains GP Holdings LP (NAS:PAGP) Change In Inventory Explanation

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

Plains GP Holdings LP's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	582.5	/	11832	*	365 / 4
	=	4.49

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

Plains GP Holdings LP's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11832	/	582.5
	=	20.31

3. 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.

Plains GP Holdings LP's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	582.5	/	12698
	=	0.05

Plains GP Holdings LP Change In Inventory Related Terms

Thank you for viewing the detailed overview of Plains GP Holdings LP's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Plains GP Holdings LP (Plains GP Holdings LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Plains GP Holdings LP (NAS:PAGP) » Definitions » Change In Inventory

Comparable Companies

STNG CEQP HEP GLNG INSW ETRN NS VNOM HESM KNTK TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

N/A

Address

333 Clay Street, Suite 1600, Houston, TX, USA, 77002

Website

https://www.plains.com

Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.

Executives

Willie Cw Chiang	director, officer: Chairman & CEO	370 17TH STREET, SUITE 2775, DENVER CO 80202
Jeremy L. Goebel	officer: EVP & CCO	333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Ellen Desanctis	director	12326 OLD OAKS, HOUSTON TX 77024
Kevin S Mccarthy	director	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Gary R Petersen	director	210 HEDWIG, HOUSTON TX 77019
Victor Burk	director	C/O ENERVEST MANAGEMENT PARTNERS LTD, 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Lawrence Michael Ziemba	director	600 NORTH DAIRY ASHFORD, HOUSTON TX 77079
John T Raymond	director	THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
Alexandra Pruner	director	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Bobby S Shackouls	director	5051 WESTHEIMER, STE 1400, HOUSTON TX 77056-5604
Chris Temple	director	3953 MAPLE AVENUE, SUITE 180, DALLAS TX 75219
Emg Investment, Llc	director, See Remarks	1401 MCKINNEY STREET, SUITE 1025, HOUSTON TX 77010
Robert V Sinnott	director	1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
Greg L Armstrong	director, 10 percent owner, officer: Chairman & CEO
Harry N Pefanis	officer: President & COO	333 CLAY STREET, STE 1600, HOUSTON TX 77002