MMLP (Martin Midstream Partners LP) Inventory Turnover: 2.05 (As of Mar. 2026)

What is Martin Midstream Partners LP Inventory Turnover?

Martin Midstream Partners LP MMLP -0.47% 53 Inventory Turnover is 2.05 as of Mar. 2026. GuruFocus rates MMLP with a GF Score™ of 53/100 and a GF Value™ of $2.74 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Martin Midstream Partners LP's Cost of Goods Sold for the three months ended in Mar. 2026 was $102.4 Mil. Martin Midstream Partners LP's Average Total Inventories for the quarter that ended in Mar. 2026 was $50.0 Mil. Martin Midstream Partners LP's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Martin Midstream Partners LP's Days Inventory for the three months ended in Mar. 2026 was 44.53.

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. Martin Midstream Partners LP's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.27.

Martin Midstream Partners LP (NAS:MMLP) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Martin Midstream Partners LP's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	49.9515	/	102.37	*	365 / 4
	=	44.53

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.

Martin Midstream Partners LP's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	49.9515	/	187.674
	=	0.27

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Martin Midstream Partners LP Inventory Turnover Related Terms

Martin Midstream Partners LP Inventory Turnover Historical Data

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The historical data trend for Martin Midstream Partners LP's Inventory Turnover can be seen below:

Martin Midstream Partners LP Inventory Turnover Chart

Martin Midstream Partners LP Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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10.15

7.91

5.72

7.28

7.23

Martin Midstream Partners LP Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															2.13	2.01	1.89	1.80	2.05

53GF Score

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Martin Midstream Partners LP Inventory Turnover Calculation

Martin Midstream Partners LP's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	368.82	/ (	(51.707	+	50.248)	/	2 )
=	368.82	/	50.9775
=	7.23

Martin Midstream Partners LP's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	102.37	/ (	(50.248	+	49.655)	/	2 )
=	102.37	/	49.9515
=	2.05

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.05 mean?

Martin Midstream Partners LP (MMLP) has a Inventory Turnover of 2.05 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Martin Midstream Partners LP and its competitors.

Is Martin Midstream Partners LP's Inventory Turnover too high?

Martin Midstream Partners LP's current Inventory Turnover is 2.05. Overall, Martin Midstream Partners LP has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Martin Midstream Partners LP's Inventory Turnover compare to NFE and PXS?

Martin Midstream Partners LP's Inventory Turnover of 2.05 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 Turnover for an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover 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 Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Martin Midstream Partners LP and its competitors. Martin Midstream Partners LP's current Inventory Turnover is 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Martin Midstream Partners LP stock overvalued right now?

Based on GuruFocus' analysis, Martin Midstream Partners LP (MMLP) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.74, compared to a current price of $2.12 — trading 22.6% below its estimated fair value. The current Inventory Turnover is 2.05. Martin Midstream Partners LP's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Martin Midstream Partners LP (MMLP), the current Inventory Turnover is 2.05 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 Martin Midstream Partners LP (MMLP) Overvalued in 2026?

Based on GuruFocus' analysis, Martin Midstream Partners LP stock appears to be undervalued. The current stock price of $2.12 is trading 22.6% below its estimated GF Value™ of $2.74. GuruFocus considers Martin Midstream Partners LP to be Modestly Undervalued.

Key valuation signals for MMLP:

Inventory Turnover: 2.05
GF Value™: $2.74 vs. price of $2.12 (22.6% below fair value)
GF Score™: 53/100 with 5 warning signs

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

Martin Midstream Partners LP Business Description

Industry Energy Oil & Gas

Comparable Companies NFE PXS DLNG TMDE BANL MARPS TOPS RBNE CWPE TORO TSX:ENB WMB EPD KMI TSX:TRP ET TRGP MPLX OKE LNG

Address 4200 Stone Road, Kilgore, TX, USA, 75662

Website https://www.mmlp.com

Martin Midstream Partners LP has a diverse set of operations focused on the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products, including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and natural gas liquids marketing, distribution and transportation services. The company operates in four segment Terminalling and storage, Transportation, Sulfur service, and Specialty products segment. The majority of the revenue is derived from the Specialty products segment.

53GF Score

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$2.12

Price

$2.74

GF Value

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