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Williams Partners LP (Williams Partners LP) Days Inventory

: 13.67 (As of Jun. 2018)
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Days Inventory is also known as Days Sales of Inventory (DSI). Williams Partners LP's Average Total Inventories for the three months ended in Jun. 2018 was $157 Mil. Williams Partners LP's Cost of Goods Sold for the three months ended in Jun. 2018 was $1,045 Mil. Hence, Williams Partners LP's Days Inventory for the three months ended in Jun. 2018 was 13.67.

The historical rank and industry rank for Williams Partners LP's Days Inventory or its related term are showing as below:

ACMP' s Days Inventory Range Over the Past 10 Years
Min: 9.82   Med: 13.31   Max: 19.19
Current: 12.99

During the past 11 years, Williams Partners LP's highest Days Inventory was 19.19. The lowest was 9.82. And the median was 13.31.

ACMP's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.555 vs ACMP: 12.99

Williams Partners LP's Days Inventory declined from Jun. 2017 (14.76) to Jun. 2018 (13.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Williams Partners LP's Inventory Turnover for the three months ended in Jun. 2018 was 6.68.

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. Williams Partners LP's Inventory-to-Revenue for the three months ended in Jun. 2018 was 0.08.


Williams Partners LP Days Inventory Historical Data

The historical data trend for Williams Partners LP's Days 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.

Williams Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 19.64 19.19 14.76 11.86

Williams Partners LP Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.76 14.90 10.65 12.47 13.67

Competitive Comparison

For the Oil & Gas Midstream subindustry, Williams Partners LP's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Williams Partners LP Days Inventory Distribution

For the Oil & Gas industry and Energy sector, Williams Partners LP's Days Inventory distribution charts can be found below:

* The bar in red indicates where Williams Partners LP's Days Inventory falls into.



Williams Partners LP Days Inventory Calculation

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

Williams Partners LP's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (138 + 113) / 2 ) / 3862*365
=125.5 / 3862*365
=11.86

Williams Partners LP's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

Days Inventory (Q: Jun. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2018 ) + Total Inventories (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (160 + 153) / 2 ) / 1045*365 / 4
=156.5 / 1045*365 / 4
=13.67

* 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.


Williams Partners LP  (NYSE:ACMP) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Williams Partners LP's Inventory Turnover for the three months ended in Jun. 2018 is calculated as

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.

Williams Partners LP's Inventory to Revenue for the three months ended in Jun. 2018 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Williams Partners LP Days Inventory Related Terms

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


Williams Partners LP (Williams Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Williams Partners is a large pipeline company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering and processing and storage assets. It also owns a 60% stake in Discovery, which owns offshore natural gas assets in the Gulf of Mexico. Williams Companies, a publicly traded C-Corporation, owns a 74% interest in Williams Partners. The partnership owns the underlying assets while the corporation holds the stake in the limited partnership.
Executives
Philip L Frederickson director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Ted T Timmermans officer: VP, Controller, CAO ONE WILLIAMS CENTER, TULSA OK 74172
John E Poarch officer: SVP - Engineering Services ONE WILLIAMS CENTER, TULSA OK 74172
Walter J Bennett officer: Senior Vice President 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Micheal G. Dunn director, officer: Executive Vice President & COO 333 SOUTH STATE STREET, 333 SOUTH STATE STREET UT 84145-0433
Alan S Armstrong director, officer: Chief Executive Officer ONE WILLIAMS CENTER, TULSA OK 74102
Alice M Peterson director 3333 BEVERLY RD B5-153A, HOFFMAN ESTTES IL 60179
John D Seldenrust officer: Senior Vice President - E&C 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
John D Chandler officer: Sr. Vice President & CFO ONE WILLIAMS CENTER, MD 4700, TULSA OK 74172
Chad J. Zamarin officer: Senior Vice President ONE WILLIAMS CENTER, TULSA OK 74172
Frank J Ferazzi officer: Senior Vice President 2800 POST OAK BLVD, HOUSTON TX 77251
Terrance Lane Wilson officer: SVP & General Counsel ONE WILLIAMS CENTER, TULSA OK 74172
Robert S Purgason director, officer: Senior Vice President 2818 S. VICTOR AVENUE, TULSA OK 74114
Sarah C. Miller officer: Interim SVP & General Counsel ONE WILLIAMS CENTER, TULSA OK 74172
Craig L Rainey officer: General Counsel ONE WILLIAMS CENTER, TULSA OK 74172

Williams Partners LP (Williams Partners LP) Headlines