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NGL Energy Partners LPNGL -1.63%41 Days Inventory is 8.40 as of Mar. 2026, which is 32% below its 10-year median of 12.42. GuruFocus rates NGL with a GF Score™ of 41/100 and a GF Value™ of $4.39 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 685 Oil & Gas companies, NGL Energy Partners LP ranks better than 73.58% on this metric.
The historical rank and industry rank for NGL Energy Partners LP's Days Inventory or its related term are showing as below:
NGL'
s Days Inventory Range Over the Past 10 Years
Min: 5.47 Med: 12.42 Max: 31.38
Current: 12.45
During the past 13 years, NGL Energy Partners LP's highest Days Inventory was 31.38. The lowest was 5.47. And the median was 12.42.
NGL's Days Inventory is ranked better than 73.58% of 685
companies
in the Oil & Gas industry
Industry Median: 30.99
vs NGL: 12.45
NGL Energy Partners LP's Days Inventory
declined
from Mar. 2025 (12.03) to Mar. 2026 (8.40).
Inventory Turnover measures how fast the company turns over its inventory within a year.
NGL Energy Partners LP's Inventory Turnover for the
three
months ended in Mar. 2026 was 10.87.
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.
NGL Energy Partners LP's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.08.
NGL Energy Partners LP (NYSE:NGL) 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.
NGL Energy Partners LP's Inventory Turnover for the
three
months ended in Mar. 2026 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.
NGL Energy Partners LP's Inventory to Revenue for the
three
months ended in Mar. 2026 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.
NGL Energy Partners LP Days Inventory Related Terms
NGL Energy Partners LP Days Inventory Historical Data
* Premium members only.
The historical data trend for NGL Energy 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.
For the Oil & Gas Midstream subindustry, NGL Energy 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.
NGL Energy Partners LP Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NGL Energy Partners LP's Days Inventory distribution charts can be found below:
* The bar in red indicates where NGL Energy Partners LP's Days Inventory falls into.
* 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.
NGL Energy Partners LP (NGL) has a Days Inventory of 8.40 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NGL Energy Partners LP and its competitors. This is 32% below median its historical median of 12.42. Over the past decade, NGL Energy Partners LP's Days Inventory has ranged from 5.47 to 31.38. According to the industry distribution chart, NGL Energy Partners LP ranks #181 out of 685 companies in the Oil & Gas industry, placing it in the top 26.4%.
Is NGL Energy Partners LP's Days Inventory too high?
NGL Energy Partners LP's current Days Inventory of 8.40 is 32% below median its 10-year median of 12.42. Over the past 10 years, this metric has ranged from a low of 5.47 to a high of 31.38. The Oil & Gas industry median Days Inventory is 30.99. NGL Energy Partners LP's value of 8.40 is 72.9% below this industry median. Based on the distribution chart, NGL Energy Partners LP ranks #181 out of 685 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, NGL Energy Partners LP has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NGL Energy Partners LP's Days Inventory compare to GEL and TNK?
According to the Oil & Gas industry distribution chart, NGL Energy Partners LP ranks #181 out of 685 companies for Days Inventory. This puts NGL Energy Partners LP in the upper half of its industry. The industry median Days Inventory is 30.99. NGL Energy Partners LP's value of 8.40 is 72.9% below this benchmark. Historically, NGL Energy Partners LP's own Days Inventory has ranged from 5.47 to 31.38 over the past decade. While the company's 10-year median is 12.42 vs. the industry median of 30.99, NGL Energy Partners LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 30.99, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NGL Energy Partners LP's current Days Inventory of 8.40 is 72.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on NGL Energy Partners LP and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NGL Energy Partners LP's current Days Inventory is 8.40, which is 32% below median its own 10-year median of 12.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NGL Energy Partners LP stock overvalued right now?
Based on GuruFocus' analysis, NGL Energy Partners LP (NGL) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.39, compared to a current price of $15.11 — trading 244.2% above its estimated fair value. The current Days Inventory is 8.40, which is 32% below median its 10-year median of 12.42 and 72.9% below the Oil & Gas industry median of 30.99. NGL Energy Partners LP's overall GF Score™ is 41/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For NGL Energy Partners LP (NGL), the current Days Inventory is 8.40 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 NGL Energy Partners LP (NGL) Overvalued in 2026?
Based on GuruFocus' analysis, NGL Energy Partners LP stock appears to be overvalued.
The current stock price of $15.11 is trading 244.2% above its estimated GF Value™ of $4.39.
GuruFocus considers NGL Energy Partners LP to be Significantly Overvalued.
Key valuation signals for NGL:
Days Inventory: 8.40 (32% below median its 10-year median of 12.42)
GF Value™: $4.39 vs. price of $15.11 (244.2% above fair value)
Industry Position: 72.9% below the Oil & Gas median (#181 of 685)
No single metric tells the full story. See the NGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NGL Energy Partners LP is a USA-based firm that owns and operates a vertically integrated energy business. The company's operating segments include Crude Oil Logistics, Water Solutions, and Liquids Logistics. It operates crude oil Logistics, owns pipeline injection stations, and offers services for the treatment and disposal of wastewater generated from crude oil and natural gas production, as well as for the disposal of solids, such as tank bottoms and drilling fluids. The firm also supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants and sells propane and distillates.
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