PAA (Plains All American Pipeline LP) Days Inventory: 2.24 (As of Mar. 2026) — 67% Below Median

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PAA Plains All American Pipeline LP PAA
73 GF Score
Price $24.82
GF Value $17.29
Valuation Significantly Overvalued
! 14 Warning Signs
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What is Plains All American Pipeline LP Days Inventory?

Plains All American Pipeline LP PAA -0.28% 73 Days Inventory is 2.24 as of Mar. 2026, which is 67% below its 10-year median of 6.86. GuruFocus rates PAA with a GF Score™ of 73/100 and a GF Value™ of $17.29 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 683 Oil & Gas companies, Plains All American Pipeline LP ranks better than 95.31% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Plains All American Pipeline LP's Average Total Inventories for the three months ended in Mar. 2026 was $296 Mil. Plains All American Pipeline LP's Cost of Goods Sold for the three months ended in Mar. 2026 was $12,037 Mil. Hence, Plains All American Pipeline LP's Days Inventory for the three months ended in Mar. 2026 was 2.24.

The historical rank and industry rank for Plains All American Pipeline LP's Days Inventory or its related term are showing as below:

PAA' s Days Inventory Range Over the Past 10 Years
Min: 2.02   Med: 6.86   Max: 21.78
Current: 2.11

During the past 13 years, Plains All American Pipeline LP's highest Days Inventory was 21.78. The lowest was 2.02. And the median was 6.86.

PAA's Days Inventory is ranked better than
95.31% of 683 companies
in the Oil & Gas industry
Industry Median: 30.99 vs PAA: 2.11

Plains All American Pipeline LP's Days Inventory declined from Mar. 2025 (2.46) to Mar. 2026 (2.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. Plains All American Pipeline LP's Inventory Turnover for the three months ended in Mar. 2026 was 40.73.

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. Plains All American Pipeline LP's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.02.


Plains All American Pipeline LP  (NAS:PAA) 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.

Plains All American Pipeline 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.

Plains All American Pipeline 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.


Plains All American Pipeline LP Days Inventory Related Terms


Plains All American Pipeline LP Days Inventory Historical Data

* Premium members only.

The historical data trend for Plains All American Pipeline 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.

Plains All American Pipeline LP Days Inventory Chart

Plains All American Pipeline LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 4.98 5.07 3.11 2.02

Plains All American Pipeline LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.46 2.16 1.38 1.78 2.24

PAA vs WES, DTM, AM: Days Inventory Comparison

For the Oil & Gas Midstream subindustry, Plains All American Pipeline 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.


Plains All American Pipeline LP Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Plains All American Pipeline LP's Days Inventory distribution charts can be found below:

* The bar in red indicates where Plains All American Pipeline LP's Days Inventory falls into.


PAA
73GF Score
Plains All American Pipeline LP PAA
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Plains All American Pipeline LP Days Inventory Calculation

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

Plains All American Pipeline LP's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (261 + 211) / 2 ) / 42540*365
=236 / 42540*365
=2.02

Plains All American Pipeline LP's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (211 + 380) / 2 ) / 12037*365 / 4
=295.5 / 12037*365 / 4
=2.24

* 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 Days Inventory →
What does a Days Inventory of 2.24 mean?
Plains All American Pipeline LP (PAA) has a Days Inventory of 2.24 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Plains All American Pipeline LP and its competitors. This is 67% below median its historical median of 6.86. Over the past decade, Plains All American Pipeline LP's Days Inventory has ranged from 2.02 to 21.78. According to the industry distribution chart, Plains All American Pipeline LP ranks #32 out of 683 companies in the Oil & Gas industry, placing it in the top 4.7%.
Is Plains All American Pipeline LP's Days Inventory too high?
Plains All American Pipeline LP's current Days Inventory of 2.24 is 67% below median its 10-year median of 6.86. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 21.78. The Oil & Gas industry median Days Inventory is 30.99. Plains All American Pipeline LP's value of 2.24 is 92.8% below this industry median. Based on the distribution chart, Plains All American Pipeline LP ranks #32 out of 683 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Plains All American Pipeline LP has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains All American Pipeline LP's Days Inventory compare to WES and DTM?
According to the Oil & Gas industry distribution chart, Plains All American Pipeline LP ranks #32 out of 683 companies for Days Inventory. This places Plains All American Pipeline LP in the top 5% of its industry — outperforming the majority of peers. The industry median Days Inventory is 30.99. Plains All American Pipeline LP's value of 2.24 is 92.8% below this benchmark. Historically, Plains All American Pipeline LP's own Days Inventory has ranged from 2.02 to 21.78 over the past decade. While the company's 10-year median is 6.86 vs. the industry median of 30.99, Plains All American Pipeline 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 683 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. Plains All American Pipeline LP's current Days Inventory of 2.24 is 92.8% 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 Plains All American Pipeline 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. Plains All American Pipeline LP's current Days Inventory is 2.24, which is 67% below median its own 10-year median of 6.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains All American Pipeline LP stock overvalued right now?
Based on GuruFocus' analysis, Plains All American Pipeline LP (PAA) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.29, compared to a current price of $24.82 — trading 43.6% above its estimated fair value. The current Days Inventory is 2.24, which is 67% below median its 10-year median of 6.86 and 92.8% below the Oil & Gas industry median of 30.99. Plains All American Pipeline LP's overall GF Score™ is 73/100 with 14 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 Plains All American Pipeline LP (PAA), the current Days Inventory is 2.24 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 Plains All American Pipeline LP (PAA) Overvalued in 2026?

Based on GuruFocus' analysis, Plains All American Pipeline LP stock appears to be overvalued. The current stock price of $24.82 is trading 43.6% above its estimated GF Value™ of $17.29. GuruFocus considers Plains All American Pipeline LP to be Significantly Overvalued.

Key valuation signals for PAA:

  • Days Inventory: 2.24 (67% below median its 10-year median of 6.86)
  • GF Value™: $17.29 vs. price of $24.82 (43.6% above fair value)
  • GF Score™: 73/100 with 14 warning signs
  • Industry Position: 92.8% below the Oil & Gas median (#32 of 683)

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


Plains All American Pipeline LP Business Description

Industry EnergyOil & Gas
Address 333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains All American Pipeline LP, through its subsidiaries, engages in the pipeline transportation, terminaling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, barges, or railcars. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminalling. It generates the majority of its revenue from the Crude Oil segment.
73GF Score

Get the complete analysis for PAA

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

$24.82
Price
$17.29
GF Value