Hess Midstream LP (Hess Midstream LP) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Hess Midstream LP Change In Inventory?

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

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

Hess Midstream LP's Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hess Midstream LP's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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

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. Hess Midstream LP's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Hess Midstream LP Change In Inventory Historical Data

The historical data trend for Hess Midstream 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.

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Hess Midstream LP Change In Inventory Chart

Hess Midstream LP Annual Data

Trend

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Dec23

Change In Inventory

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Hess Midstream LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Hess Midstream 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.

Hess Midstream LP (NYSE:HESM) Change In Inventory Explanation

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

Hess Midstream 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
	=	0	/	50.4	*	365 / 4
	=	0.00

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

Hess Midstream LP's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	50.4	/	0
	=	N/A

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.

Hess Midstream LP's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	359.5
	=	0.00

Hess Midstream LP Change In Inventory Related Terms

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Hess Midstream LP (Hess Midstream LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hess Midstream LP (NYSE:HESM) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

1501 McKinney Street, Houston, TX, USA, 77010

Website

https://www.hessmidstream.com

Hess Midstream LP owns, operates, develops, and acquires a diverse set of midstream assets and provides fee-based services to Hess and third-party customers. It conducts its business through three operating segments: gathering, processing and storage, and terminaling and exporting. The company derives the maximum revenue from the gathering segment. Its gathering segment consists of the following assets namely Natural Gas Gathering and Compression; Crude Oil Gathering and Produced Water Gathering and Disposal.

Executives

Global Infrastructure Investors Ii, Llc	director, 10 percent owner	C/O GLOBAL INFRASTRUCTURE PARTNERS, 12 E. 49TH STREET, NEW YORK NY 10017
Hess Corp	director, 10 percent owner	1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jonathan C. Stein	officer: Chief Financial Officer	HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John A. Gatling	officer: President and COO	HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Geurt G Schoonman	director	HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
James K Lee	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Gip Ii Blue Holding, L.p.	director, 10 percent owner	C/O GLOBAL INFRASTRUCTURE MANAGEMENT LLC, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Letwin Stephen J J	director	HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John B Hess	director, officer: Chairman and CEO	C/O HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Global Infrastructure Gp Ii, L.p.	director, 10 percent owner	12 EAST 49TH STREET, 38TH FLOOR, NEW YORK NY 10017
J Patrick Reddy	director
Hess Infrastructure Partners Gp Llc	director, 10 percent owner	1501 MCKINNEY STREET, HOUSTON TX 77010
Hess Midstream Gp Llc	director, 10 percent owner	1501 MCKINNEY STREET, HOUSTON TX 77010
Hess Midstream Gp Lp	director, 10 percent owner	1501 MCKINNEY STREET, HOUSTON TX 77010
Gip Blue Holding Gp, Llc	director, 10 percent owner	12 EAST 49TH STREET, 38TH FLOOR, NEW YORK NY 10017