PAGP (Plains GP Holdings LP) Inventory Turnover: 39.72 (As of Mar. 2026)

What is Plains GP Holdings LP Inventory Turnover?

Plains GP Holdings LP PAGP +0.66% 74 Inventory Turnover is 39.72 as of Mar. 2026. GuruFocus rates PAGP with a GF Score™ of 74/100 and a GF Value™ of $19.54 (Modestly Overvalued). The stock has 11 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 GP Holdings LP's Cost of Goods Sold for the three months ended in Mar. 2026 was $11,736 Mil. Plains GP Holdings LP's Average Total Inventories for the quarter that ended in Mar. 2026 was $296 Mil. Plains GP Holdings LP's Inventory Turnover for the quarter that ended in Mar. 2026 was 39.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Plains GP Holdings LP's Days Inventory for the three months ended in Mar. 2026 was 2.30.

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 GP Holdings LP's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.02.

Plains GP Holdings LP (NAS:PAGP) 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 GP Holdings 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	/	11736	*	365 / 4
	=	2.30

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 GP Holdings 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 GP Holdings LP Inventory Turnover Related Terms

Plains GP Holdings LP Inventory Turnover Historical Data

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The historical data trend for Plains GP Holdings LP's Inventory Turnover can be seen below:

Plains GP Holdings LP Inventory Turnover Chart

Plains GP Holdings LP Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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54.94

71.62

70.24

113.88

175.36

Plains GP Holdings 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															36.07	41.12	64.57	49.76	39.72

74GF Score

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Plains GP Holdings LP Inventory Turnover Calculation

Plains GP Holdings 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 )
=	41386	/ (	(261	+	211)	/	2 )
=	41386	/	236
=	175.36

Plains GP Holdings 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 )
=	11736	/ (	(211	+	380)	/	2 )
=	11736	/	295.5
=	39.72

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 39.72 mean?

Plains GP Holdings LP (PAGP) has a Inventory Turnover of 39.72 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 GP Holdings LP and its competitors.

Is Plains GP Holdings LP's Inventory Turnover too high?

Plains GP Holdings LP's current Inventory Turnover is 39.72. Overall, Plains GP Holdings LP has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Plains GP Holdings LP's Inventory Turnover compare to HESM and GLNG?

Plains GP Holdings LP's Inventory Turnover of 39.72 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 GP Holdings LP and its competitors. Plains GP Holdings LP's current Inventory Turnover is 39.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Plains GP Holdings LP stock overvalued right now?

Based on GuruFocus' analysis, Plains GP Holdings LP (PAGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.54, compared to a current price of $24.26 — trading 24.1% above its estimated fair value. The current Inventory Turnover is 39.72. Plains GP Holdings LP's overall GF Score™ is 74/100 with 11 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 GP Holdings LP (PAGP), the current Inventory Turnover is 39.72 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 GP Holdings LP (PAGP) Overvalued in 2026?

Based on GuruFocus' analysis, Plains GP Holdings LP stock appears to be overvalued. The current stock price of $24.26 is trading 24.1% above its estimated GF Value™ of $19.54. GuruFocus considers Plains GP Holdings LP to be Modestly Overvalued.

Key valuation signals for PAGP:

Inventory Turnover: 39.72
GF Value™: $19.54 vs. price of $24.26 (24.1% above fair value)
GF Score™: 74/100 with 11 warning signs

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

Plains GP Holdings LP Business Description

Industry Energy Oil & Gas

Comparable Companies HESM GLNG INSW KNTK STNG SUNC DHT TNK NGL GEL TSX:ENB WMB EPD KMI TSX:TRP ET TRGP MPLX OKE LNG

Address 333 Clay Street, Suite 1600, Houston, TX, USA, 77002

Website https://www.plains.com

Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), and natural gas. The group manages its operations through two operating segments: Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines (including gathering systems), trucks, and, at times, on barges or railcars; and NGL segment operations involve NGL storage and terminalling from NGL assets located in the Southwestern United States. It generates the majority of its revenue from the Crude Oil segment. Its geographic markets are the United States and Canada. It generates the majority of its revenue from the United States.

74GF Score

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$24.26

Price

$19.54

GF Value

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