PAA (Plains All American Pipeline LP) Inventory Turnover: 40.73 (As of Mar. 2026)

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PAA Plains All American Pipeline LP PAA
76 GF Score
Price $24.89
GF Value $17.28
Valuation Significantly Overvalued
! 14 Warning Signs
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What is Plains All American Pipeline LP Inventory Turnover?

Plains All American Pipeline LP PAA +1.86% 76 Inventory Turnover is 40.73 as of Mar. 2026. GuruFocus rates PAA with a GF Score™ of 76/100 and a GF Value™ of $17.28 (Significantly Overvalued). The stock has 14 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. Plains All American Pipeline LP's Cost of Goods Sold for the three months ended in Mar. 2026 was $12,037 Mil. Plains All American Pipeline LP's Average Total Inventories for the quarter that ended in Mar. 2026 was $296 Mil. Plains All American Pipeline LP's Inventory Turnover for the quarter that ended in Mar. 2026 was 40.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Plains All American Pipeline LP's Days Inventory for the three months ended in Mar. 2026 was 2.24.

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. Plains All American Pipeline LP's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.02.


Plains All American Pipeline LP  (NAS:PAA) 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.

Plains All American Pipeline 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
=295.5/12037*365 / 4
=2.24

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.

Plains All American Pipeline 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 )
=295.5 / 12470
=0.02

* 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.


Plains All American Pipeline LP Inventory Turnover Related Terms


Plains All American Pipeline LP Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Plains All American Pipeline LP's Inventory Turnover 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.

Plains All American Pipeline LP Inventory Turnover Chart

Plains All American Pipeline LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.42 73.35 71.94 117.51 180.25

Plains All American Pipeline 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 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 37.08 42.30 66.29 51.18 40.73
PAA
76GF Score
Plains All American Pipeline LP PAA
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Plains All American Pipeline LP Inventory Turnover Calculation

Plains All American Pipeline 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 )
=42540 / ((261 + 211) / 2 )
=42540 / 236
=180.25

Plains All American Pipeline 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 )
=12037 / ((211 + 380) / 2 )
=12037 / 295.5
=40.73

* 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 Turnover →
What does a Inventory Turnover of 40.73 mean?
Plains All American Pipeline LP (PAA) has a Inventory Turnover of 40.73 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Plains All American Pipeline LP and its competitors.
Is Plains All American Pipeline LP's Inventory Turnover too high?
Plains All American Pipeline LP's current Inventory Turnover is 40.73. Overall, Plains All American Pipeline LP has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains All American Pipeline LP's Inventory Turnover compare to WES and DTM?
Plains All American Pipeline LP's Inventory Turnover of 40.73 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 Plains All American Pipeline LP and its competitors. Plains All American Pipeline LP's current Inventory Turnover is 40.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains All American Pipeline LP stock overvalued right now?
Based on GuruFocus' analysis, Plains All American Pipeline LP (PAA) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.28, compared to a current price of $24.89 — trading 44% above its estimated fair value. The current Inventory Turnover is 40.73. Plains All American Pipeline LP's overall GF Score™ is 76/100 with 14 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 Plains All American Pipeline LP (PAA), the current Inventory Turnover is 40.73 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 Plains All American Pipeline LP (PAA) Overvalued in 2026?

Based on GuruFocus' analysis, Plains All American Pipeline LP stock appears to be overvalued. The current stock price of $24.89 is trading 44% above its estimated GF Value™ of $17.28. GuruFocus considers Plains All American Pipeline LP to be Significantly Overvalued.

Key valuation signals for PAA:

  • Inventory Turnover: 40.73
  • GF Value™: $17.28 vs. price of $24.89 (44% above fair value)
  • GF Score™: 76/100 with 14 warning signs

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


Plains All American Pipeline LP Business Description

Industry EnergyOil & Gas
Address 333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains All American Pipeline LP, through its subsidiaries, engages in the pipeline transportation, terminaling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, barges, or railcars. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminalling. It generates the majority of its revenue from the Crude Oil segment.
76GF Score

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

$24.89
Price
$17.28
GF Value