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Days Inventory is also known as Days Sales of Inventory (DSI). TransMontaigne Partners LP's Average Total Inventories for the three months ended in Sep. 2018 was $0.0 Mil. TransMontaigne Partners LP's Cost of Goods Sold for the three months ended in Sep. 2018 was $19.9 Mil. Hence, TransMontaigne Partners LP's Days Inventory for the three months ended in Sep. 2018 was 0.00.
The historical rank and industry rank for TransMontaigne Partners LP's Days Inventory or its related term are showing as below:
TransMontaigne Partners LP's Days Inventory stayed the same from Sep. 2017 (0.00) to Sep. 2018 (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. TransMontaigne Partners LP's Inventory-to-Revenue for the three months ended in Sep. 2018 was 0.00.
The historical data trend for TransMontaigne 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.
TransMontaigne Partners LP Annual Data | |||||||||||||||||||||
Trend | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | - | - | - | - | - |
TransMontaigne Partners LP Quarterly Data | ||||||||||||||||||||
Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | |
Days Inventory | Get a 7-Day Free Trial | - | - | - | - | - |
For the Oil & Gas Midstream subindustry, TransMontaigne 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.
For the Oil & Gas industry and Energy sector, TransMontaigne Partners LP's Days Inventory distribution charts can be found below:
* The bar in red indicates where TransMontaigne Partners LP's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
TransMontaigne Partners LP's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as
Days Inventory (A: Dec. 2017 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Dec. 2016 ) | + | Total Inventories (A: Dec. 2017 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2017 ) | * | Days in Period |
= | ( (0 | + | 0) | / | 1 ) | / | 67.7 | * | 365 |
= | 0 | / | 67.7 | * | 365 | ||||
= | 0.00 |
TransMontaigne Partners LP's Days Inventory for the quarter that ended in Sep. 2018 is calculated as:
Days Inventory (Q: Sep. 2018 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Jun. 2018 ) | + | Total Inventories (Q: Sep. 2018 )) | / | count ) | / | Cost of Goods Sold (Q: Sep. 2018 ) | * | Days in Period |
= | ( (0 | + | 0) | / | 1 ) | / | 19.91 | * | 365 / 4 |
= | 0 | / | 19.91 | * | 365 / 4 | ||||
= | 0.00 |
* 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.
TransMontaigne Partners LP (NYSE:TLP) 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.
TransMontaigne Partners LP's Inventory Turnover for the three months ended in Sep. 2018 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 19.91 | / | 0 | |
= |
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.
TransMontaigne Partners LP's Inventory to Revenue for the three months ended in Sep. 2018 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 0 | / | 57.15 | |
= | 0.00 |
* 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.
Thank you for viewing the detailed overview of TransMontaigne Partners LP's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Barry Edward Welch | director | 200 CLARENDON STREET BOSTON MA 02116 |
Jay A Wiese | director | ONE WILLIAMS CENTER, MD 28-1, TULSA OK 74172 |
Michael A Hammell | officer: Executive VP/Gen Counsel & SEC | TRANSMONTAIGNE, 1670 BROADWAY, SUITE 3100, DENVER CO 80202 |
Steven A Blank | director | C/O TRANSMONTAIGNE, 1670 BROADWAY, SUITE 3100, DENVER CO 80202 |
Daniel R Revers | director, 10 percent owner | C/O ARCLIGHT CAPITAL PARTNERS, LLC, 200 CLARENDON ST., 55TH FLOOR, BOSTON MA 02117 |
Ngl Energy Holdings Llc | 10 percent owner | 6120 S. YALE, SUITE 805, TULSA OK 74136 |
Charles L Dunlap | officer: Chief Executive Officer | PASADENA REFINING SYSTEM INC., 111 RED BLUFF ROAD, PASADENA TX 77506 |
Stanley Morgan | director, 10 percent owner, other: See Note (1) | 1585 BROADWAY, NEW YORK NY 10036 |
Atanas H Atanasov | director | C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136 |
David C Kehoe | director | 6120 S. YALE AVE., SUITE 805, TULSA OK 74136 |
Jerry R Masters | director | 1670 BROADWAY, SUITE 3100, DENVER CO 80202 |
David A Peters | director | 1670 BROADWAY, SUITE 3100, DENVER CO 80202 |
Cushing Mlp Opportunity Fund I, Lp | 10 percent owner | 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225 |
Duke R Ligon | director | 2800 WEST COUNTRY CLUB DRIVE, SUITE E, OKLAHOMA CITY OK 73116 |
Randall J Larson | officer: CEO |
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