Targa Resources (MEX:TRGP) Change In Inventory: MXN-1,465 Mil (TTM As of Mar. 2026)

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MEX:TRGP Targa Resources Corp MEX:TRGP
69 GF Score
Price MXN3,775.00
GF Value MXN2,424.33
! 8 Warning Signs
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What is Targa Resources Change In Inventory?

Targa Resources MEX:TRGP 69 Change In Inventory is MXN-1,465 Mil as of Mar. 2026. GuruFocus rates MEX:TRGP with a GF Score™ of 69/100 and a GF Value™ of MXN2,424.33. The stock has 8 warning signs investors should review.

Targa Resources's change in inventory for the quarter that ended in Mar. 2026 was MXN1,731 Mil. It means Targa Resources's inventory declined by MXN1,731 Mil from Dec. 2025 to Mar. 2026 .

Targa Resources's change in inventory for the fiscal year that ended in Dec. 2025 was MXN-1,612 Mil. It means Targa Resources's inventory increased by MXN1,612 Mil from Dec. 2024 to Dec. 2025 .

Targa Resources's Total Inventories for the quarter that ended in Mar. 2026 was MXN6,030 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Targa Resources's Days Inventory for the quarter that ended in Mar. 2026 was 12.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Targa Resources's Inventory Turnover for the quarter that ended in Mar. 2026 was 7.39.

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. Targa Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.09.

Targa Resources  (MEX:TRGP) Change In Inventory Explanation

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

Targa Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=6879.991/50861.231*365 / 4
=12.34

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

Targa Resources's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=50861.231 / 6879.991
=7.39

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.

Targa Resources's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=6879.991 / 73838.497
=0.09

* 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.

Targa Resources Change In Inventory Related Terms

Targa Resources Change In Inventory Historical Data

* Premium members only.

The historical data trend for Targa Resources'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.

Targa Resources Change In Inventory Chart

Targa Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 832.87 -4,604.96 611.07 698.67 -1,611.51

Targa Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In 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 1,612.11 -3,468.34 -757.62 1,029.93 1,731.14
MEX:TRGP
69GF Score
Targa Resources Corp MEX:TRGP
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Targa Resources 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-1,465 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of MXN-1,465 Mil mean?
Targa Resources (MEX:TRGP) has a Change In Inventory of MXN-1,465 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Targa Resources and its competitors.
Is Targa Resources' Change In Inventory too high?
Targa Resources' current Change In Inventory is MXN-1,465 Mil. Overall, Targa Resources has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Targa Resources' Change In Inventory compare to MPLX and OKE?
Targa Resources' Change In Inventory of MXN-1,465 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Oil & Gas company?
A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Targa Resources and its competitors. Targa Resources's current Change In Inventory is MXN-1,465 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Targa Resources stock overvalued right now?
Targa Resources (MEX:TRGP) has a current Change In Inventory of MXN-1,465 Mil. The stock's GF Value™ is MXN2,424.33, compared to a current price of MXN3,775.00 — trading 55.7% above its estimated fair value. The current Change In Inventory is MXN-1,465 Mil. Targa Resources' overall GF Score™ is 69/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Targa Resources (MEX:TRGP), the current Change In Inventory is MXN-1,465 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Targa Resources (MEX:TRGP) Overvalued in 2026?

Based on GuruFocus' analysis, Targa Resources stock appears to be overvalued. The current stock price of MXN3,775.00 is trading 55.7% above its estimated GF Value™ of MXN2,424.33.

Key valuation signals for MEX:TRGP:

  • Change In Inventory: MXN-1,465 Mil
  • GF Value™: MXN2,424.33 vs. price of MXN3,775.00 (55.7% above fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the MEX:TRGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Targa Resources Business Description

Industry EnergyOil & Gas
Address 811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
69GF Score

Get the complete analysis for MEX:TRGP

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,775.00
Price
MXN2,424.33
GF Value