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Equitrans Midstream (FRA:37W) Change In Inventory : €0 Mil (TTM As of Mar. 2024)


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What is Equitrans Midstream Change In Inventory?

Equitrans Midstream's change in inventory for the quarter that ended in Mar. 2024 was €0 Mil. It means Equitrans Midstream's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Equitrans Midstream's change in inventory for the fiscal year that ended in Dec. 2023 was €0 Mil. It means Equitrans Midstream's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Equitrans Midstream's Total Inventories for the quarter that ended in Mar. 2024 was €0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Equitrans Midstream's Days Inventory for the quarter that ended in Mar. 2024 was 8.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Equitrans Midstream's Inventory Turnover for the quarter that ended in Mar. 2024 was 11.12.

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. Equitrans Midstream's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.


Equitrans Midstream Change In Inventory Historical Data

The historical data trend for Equitrans Midstream'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.

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Equitrans Midstream Change In Inventory Chart

Equitrans Midstream Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
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Equitrans Midstream Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Equitrans Midstream 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

* 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.


Equitrans Midstream  (FRA:37W) Change In Inventory Explanation

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

Equitrans Midstream's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=7.2675/80.847*365 / 4
=8.20

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

Equitrans Midstream's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

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.

Equitrans Midstream's Inventory to Revenue for the quarter that ended in Mar. 2024 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.


Equitrans Midstream Change In Inventory Related Terms

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Equitrans Midstream (FRA:37W) Business Description

Traded in Other Exchanges
Address
2200 Energy Drive, Canonsburg, PA, USA, 15317
Equitrans acquired EQM Midstream in mid-2020, consolidating the midstream family. Equitrans now own EQM assets directly versus just unit ownership. EQM Midstream provides gathering, transmission, and water services to primarily Appalachian producers in Pennsylvania, West Virginia, and Ohio.

Equitrans Midstream (FRA:37W) Headlines

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