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GMLPF.PFD (Golar LNG Partners LP) Inventory-to-Revenue : 0.03 (As of Dec. 2020)


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What is Golar LNG Partners LP Inventory-to-Revenue?

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. Golar LNG Partners LP's Average Total Inventories for the quarter that ended in Dec. 2020 was $2.17 Mil. Golar LNG Partners LP's Revenue for the three months ended in Dec. 2020 was $71.69 Mil. Golar LNG Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.03.

Golar LNG Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2020 declined from Sep. 2020 (0.03) to Sep. 2020 (0.03)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Golar LNG Partners LP's Days Inventory for the three months ended in Dec. 2020 was 5.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Golar LNG Partners LP's Inventory Turnover for the quarter that ended in Dec. 2020 was 16.19.


Golar LNG Partners LP Inventory-to-Revenue Historical Data

The historical data trend for Golar LNG Partners LP's Inventory-to-Revenue 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.

* Premium members only.

Golar LNG Partners LP Inventory-to-Revenue Chart

Golar LNG Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.01 0.01

Golar LNG Partners LP Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Inventory-to-Revenue 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 0.04 0.05 0.04 0.03 0.03

Competitive Comparison of Golar LNG Partners LP's Inventory-to-Revenue

For the Oil & Gas Midstream subindustry, Golar LNG Partners LP's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Golar LNG Partners LP's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Golar LNG Partners LP's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Golar LNG Partners LP's Inventory-to-Revenue falls into.



Golar LNG Partners LP Inventory-to-Revenue Calculation

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.

Golar LNG Partners LP's Inventory-to-Revenue for the fiscal year that ended in Dec. 2020 is calculated as

Inventory-to-Revenue (A: Dec. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )
=( (2.702 + 1.719) / 2 ) / 284.734
=2.2105 / 284.734
=0.01

Golar LNG Partners LP's Inventory-to-Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue (Q: Dec. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2020 ) + Total Inventories (Q: Dec. 2020 )) / count ) / Revenue (Q: Dec. 2020 )
=( (2.625 + 1.719) / 2 ) / 71.692
=2.172 / 71.692
=0.03

* 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.


Golar LNG Partners LP  (OTCPK:GMLPF.PFD) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Golar LNG Partners LP's Days Inventory for the three months ended in Dec. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2020 )/Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=2.172/35.167*365 / 4
=5.64

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

Golar LNG Partners LP's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2020 ) / Average Total Inventories (Q: Dec. 2020 )
=35.167 / 2.172
=16.19

* 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.


Golar LNG Partners LP Inventory-to-Revenue Related Terms

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Golar LNG Partners LP Business Description

Traded in Other Exchanges
N/A
Address
9 Par-la-Ville Road, 2nd Floor, South East Pearman Building, Hamilton, BMU, HM 11
Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The company has three reportable segments: LNG, FSRUs, and FING (floating liquefied natural gas vessel). It generates maximum revenue from the FSRUs segment. Its geographical segments are Brazil, Jordan, Indonesia, Kuwait, and the United Arab Emirates. The company's operational FSRU projects include Golar Spirit, Golar Igloo, Golar Eskimo, Golar Winter, Golar Freeze, and Nusantara Regas Satu.

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