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SUN (Sunoco LP) Inventory-to-Revenue : 0.17 (As of Sep. 2024)


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What is Sunoco 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. Sunoco LP's Average Total Inventories for the quarter that ended in Sep. 2024 was $965 Mil. Sunoco LP's Revenue for the three months ended in Sep. 2024 was $5,751 Mil. Sunoco LP's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.17.

Sunoco LP's Inventory-to-Revenue for the quarter that ended in Sep. 2024 increased from Jun. 2024 (0.16) to Jun. 2024 (0.17)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sunoco LP's Days Inventory for the three months ended in Sep. 2024 was 16.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sunoco LP's Inventory Turnover for the quarter that ended in Sep. 2024 was 5.62.


Sunoco LP Inventory-to-Revenue Historical Data

The historical data trend for Sunoco 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.

Sunoco LP Inventory-to-Revenue Chart

Sunoco LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.04 0.03 0.03 0.04

Sunoco LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.15 0.16 0.17 0.16 0.17

Competitive Comparison of Sunoco LP's Inventory-to-Revenue

For the Oil & Gas Refining & Marketing subindustry, Sunoco 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.


Sunoco LP's Inventory-to-Revenue Distribution in the Oil & Gas Industry

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

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



Sunoco 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.

Sunoco LP's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (821 + 889) / 2 ) / 23068
=855 / 23068
=0.04

Sunoco LP's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (1040 + 890) / 2 ) / 5751
=965 / 5751
=0.17

* 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.


Sunoco LP  (NYSE:SUN) 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.

Sunoco LP's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=965/5422*365 / 4
=16.24

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

Sunoco LP's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=5422 / 965
=5.62

* 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.


Sunoco LP Inventory-to-Revenue Related Terms

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Sunoco LP Business Description

Industry
Traded in Other Exchanges
N/A
Address
8111 Westchester Drive, Suite 400, Dallas, TX, USA, 75225
Sunoco LP is a Delaware limited partnership formed in June 2012 by Susser Holdings Corporation or SUSS. In September 2012, the Company completed its initial public offering. The Company, along with its wholly owned subsidiary, is an independent motor fuel distributor by gallons in Texas, and among the distributors of Valero and Chevron branded motor fuel in the United States. The Company also receives rental income from real estate that it leases or subleases. SUSS operated approximately 580 retail convenience stores under its proprietary Stripes convenience store brand at year-end, mainly in growing Texas markets. Stripes is an independent chain of convenience stores in Texas based on store count and retail motor fuel volumes sold. Its business is integral to the success of SUSS' retail operations, and SUSS purchases substantially all of its motor fuel from the Company. In addition to distributing motor fuel, it also distributes other petroleum products such as propane and lube oil, and receives rental income from real estate that it leases or subleases. The Company purchases motor fuel mainly from independent refiners and oil companies and distributes it throughout Texas and in Louisiana, New Mexico and Oklahoma. The Company competes mainly with other independent motor fuel distributors. The Company is subject to various federal, state and local environmental laws and regulations, including those relating to underground storage tanks; the release or discharge of hazardous materials into the air, water and soil; the generation, storage, handling, use, transportation and disposal of regulated materials; the exposure of persons to regulated materials; and the remediation of contaminated soil and groundwater.
Executives
Austin Harkness officer: SVP - Pricing & REO 8111 WESTCHESTER DRIVE., SUITE 600, DALLAS TX 75225
Karl R Fails officer: EVP, Supply & Trading 8111 WESTCHESTER DRIVE, SUITE 500, DALLAS TX 75225
Brian A Hand officer: SVP-Chief Dev. & Mktg. Officer 910 BEECHWOOD LANE, FAIRVIEW TX 75069
Joseph Kim officer: EVP-Chief Development Officer 8020 PARK LANE, DALLAS TX 75231
David K Skidmore director 400 N. SAINT PAUL ST., STE. 800, DALLAS TX 75201
Arnold Dodderer officer: General Counsel 8020 PARK LANE, DALLAS TX 75231
Ray W Washburne director 47 HIGHLAND PARK VILLAGE, SUITE 200, DALLAS TX 75205
Matthew S. Ramsey director 6002 DEERWOOD, HOUSTON TX 77057
Imad K. Anbouba director 10440 N CENTRAL EXPWAY, SUITE 1010, DALLAS TX 75231
Dylan Bramhall officer: CFO 8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Rick Raymer officer: VP & Controller & POA 8020 PARK LANE, SUITE 200, DALLAS TX 75231
Alison Gladwin officer: SVP, Marketing & Admin. 8111 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Christopher Curia director, officer: Sr. VP - Human Resources 1250 VIA MILANO, SAN ANTONIO TX 78260
Thomas R Miller officer: CFO 2030 DONAHUE FERRY ROAD, PINEVILLE LA 71360
Camilla A. Harris officer: VP, Controller & PAO 8020 PARK LANE, DALLAS TX 75231