Oasis Midstream Partners LP (Oasis Midstream Partners LP) Change In Inventory : $2.3 Mil (TTM As of Sep. 2021)

View and export this data going back to 2017. Start your Free Trial

What is Oasis Midstream Partners LP Change In Inventory?

Oasis Midstream Partners LP's change in inventory for the quarter that ended in Sep. 2021 was $0.0 Mil. It means Oasis Midstream Partners LP's inventory declined by $0.0 Mil from Jun. 2021 to Sep. 2021 .

Oasis Midstream Partners LP's change in inventory for the fiscal year that ended in Dec. 2020 was $-7.3 Mil. It means Oasis Midstream Partners LP's inventory increased by $7.3 Mil from Dec. 2019 to Dec. 2020 .

Oasis Midstream Partners LP's Total Inventories for the quarter that ended in Sep. 2021 was $5.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oasis Midstream Partners LP's Days Inventory for the quarter that ended in Sep. 2021 was 15.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oasis Midstream Partners LP's Inventory Turnover for the quarter that ended in Sep. 2021 was 6.05.

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. Oasis Midstream Partners LP's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.06.

Oasis Midstream Partners LP Change In Inventory Historical Data

The historical data trend for Oasis Midstream Partners 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.

Oasis Midstream Partners LP Change In Inventory Chart

Oasis Midstream Partners LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Inventory

Get a 7-Day Free Trial

-0.09

-7.33

Oasis Midstream Partners LP Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Change In Inventory	Get a 7-Day Free Trial															-0.80	1.11	-	1.11	0.05

Oasis Midstream Partners 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.3 Mil.

Oasis Midstream Partners LP (NAS:OMP) Change In Inventory Explanation

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

Oasis Midstream Partners 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
	=	5.853	/	35.422	*	365 / 4
	=	15.08

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

Oasis Midstream Partners LP's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	35.422	/	5.853
	=	6.05

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.

Oasis Midstream Partners LP's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.853	/	105.375
	=	0.06

Oasis Midstream Partners LP Change In Inventory Related Terms

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

Oasis Midstream Partners LP (Oasis Midstream Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oasis Midstream Partners LP (NAS:OMP) » Definitions » Change In Inventory

Comparable Companies

NVGS HMLP GLP SGU TK GLOG TNP GLOP DSSI LPG TSX:ENB EPD TSX:TRP KMI WMB ET MPLX CQP OKE TSX:PPL

Traded in Other Exchanges

N/A

Address

1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002

Website

https://www.oasismidstream.com

Oasis Midstream Partners LP owns, develops, operates and acquires a diversified portfolio of midstream assets in North America that are integral to the oil and natural gas operations of Oasis Petroleum. The assets are located in the Williston Basin. It offers full-service midstream solutions to customers covering their oil, gas and water needs. The company generates revenues through long-term, fee-based contractual arrangements.

Executives

Taylor L Reid	director, officer: Chief Executive Officer	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Michael H Lou	director, officer: President	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Nickolas J Lorentzatos	director, officer: EVP, GC and Corporate Sec	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Thomas B Nusz	director	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Richard N Robuck	officer: SVP and CFO	1001 FANNIN STREET SUITE 1500 HOUSTON TX 77002
Phil D Kramer	director	4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Matthew D Fitzgerald	director	1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Harry N Pefanis	director	333 CLAY STREET, STE 1600, HOUSTON TX 77002
Oasis Petroleum Inc.	10 percent owner	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Oasis Petroleum Llc	10 percent owner	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Oms Holdings Llc	10 percent owner	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Omp Gp Llc	director	1001 FANNIN STREET SUITE 1500 HOUSTON TX 77002