MPLX (MPLX LP) Inventory-to-Revenue: 0.06 (As of Jun. 2026)

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MPLX MPLX LP MPLX
83 GF Score
Price $59.84
GF Value $55.30
Valuation Fairly Valued
! 8 Warning Signs
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What is MPLX LP Inventory-to-Revenue?

MPLX LP MPLX +0.35% 83 Inventory-to-Revenue is 0.06 as of Jun. 2026. GuruFocus rates MPLX with a GF Score™ of 83/100 and a GF Value™ of $55.30 (Fairly Valued). The stock has 8 warning signs investors should review.

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. MPLX LP's Average Total Inventories for the quarter that ended in Jun. 2026 was $189 Mil. MPLX LP's Revenue for the three months ended in Jun. 2026 was $3,082 Mil. MPLX LP's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.06.

MPLX LP's Inventory-to-Revenue for the quarter that ended in Jun. 2026 declined from Mar. 2026 (0.06) to Mar. 2026 (0.06)

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. MPLX LP's Days Inventory for the three months ended in Jun. 2026 was 9.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. MPLX LP's Inventory Turnover for the quarter that ended in Jun. 2026 was 9.48.


MPLX LP  (NYSE:MPLX) 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.

MPLX LP's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=189/1792*365 / 4
=9.62

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

MPLX LP's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2026 ) / Average Total Inventories (Q: Jun. 2026 )
=1792 / 189
=9.48

* 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.


MPLX LP Inventory-to-Revenue Related Terms


MPLX LP Inventory-to-Revenue Historical Data

* Premium members only.

The historical data trend for MPLX 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.

MPLX LP Inventory-to-Revenue Chart

MPLX LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.02 0.02 0.02

MPLX LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.07 0.06 0.06 0.06 0.06

MPLX vs OKE, TRGP, LNG: Inventory-to-Revenue Comparison

For the Oil & Gas Midstream subindustry, MPLX 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.


MPLX LP Inventory-to-Revenue vs Oil & Gas Industry

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

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


MPLX
83GF Score
MPLX LP MPLX
Inventory-to-Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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MPLX 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.

MPLX LP's Inventory-to-Revenue for the fiscal year that ended in Dec. 2025 is calculated as

Inventory-to-Revenue (A: Dec. 2025 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )
=( (180 + 172) / 2 ) / 11474
=176 / 11474
=0.02

MPLX LP's Inventory-to-Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue (Q: Jun. 2026 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Revenue (Q: Jun. 2026 )
=( (178 + 200) / 2 ) / 3082
=189 / 3082
=0.06

* 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 Inventory-to-Revenue →
What does a Inventory-to-Revenue of 0.06 mean?
MPLX LP (MPLX) has a Inventory-to-Revenue of 0.06 as of Jun. 2026. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on MPLX LP and its competitors.
Is MPLX LP's Inventory-to-Revenue too high?
MPLX LP's current Inventory-to-Revenue is 0.06. Overall, MPLX LP has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MPLX LP's Inventory-to-Revenue compare to OKE and TRGP?
MPLX LP's Inventory-to-Revenue of 0.06 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 Inventory-to-Revenue for an Oil & Gas company?
A good Inventory-to-Revenue depends on the Oil & Gas industry context. However, Inventory-to-Revenue 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 Inventory-to-Revenue mean?
A high Inventory-to-Revenue can signal that a stock is expensive relative to its fundamentals. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on MPLX LP and its competitors. MPLX LP's current Inventory-to-Revenue is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPLX LP stock overvalued right now?
Based on GuruFocus' analysis, MPLX LP (MPLX) is currently considered Fairly Valued. The stock's GF Value™ is $55.30, compared to a current price of $59.84 — trading 8.2% above its estimated fair value. The current Inventory-to-Revenue is 0.06. MPLX LP's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory-to-Revenue calculated?
Inventory-to-Revenue is calculated from a company's financial statements. For MPLX LP (MPLX), the current Inventory-to-Revenue is 0.06 as of Jun. 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 MPLX LP (MPLX) Overvalued in 2026?

Based on GuruFocus' analysis, MPLX LP stock appears to be overvalued. The current stock price of $59.84 is trading 8.2% above its estimated GF Value™ of $55.30. GuruFocus considers MPLX LP to be Fairly Valued.

Key valuation signals for MPLX:

  • Inventory-to-Revenue: 0.06
  • GF Value™: $55.30 vs. price of $59.84 (8.2% above fair value)
  • GF Score™: 83/100 with 8 warning signs

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


MPLX LP Business Description

Industry EnergyOil & Gas
Other Exchanges MPLXP.PFD:USA
Address 200 East Hardin Street, Findlay, OH, USA, 45840-3229
MPLX is a partnership that owns pipelines and gathering and processing assets with extensive holdings in the Appalachian and Permian regions. The asset base is made up of crude oil and refined products assets dropped down from Marathon Petroleum, its sponsor, and natural gas and natural gas liquids gathering and processing assets that were purchased or built.
83GF Score

Get the complete analysis for MPLX

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

$59.84
Price
$55.30
GF Value