WES (Western Midstream Partners LP) Inventory Turnover: 23.76 (As of Jun. 2026)

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WES Western Midstream Partners LP WES
85 GF Score
Price $46.96
GF Value $43.92
Valuation Fairly Valued
! 9 Warning Signs
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What is Western Midstream Partners LP Inventory Turnover?

Western Midstream Partners LP WES +1.76% 85 Inventory Turnover is 23.76 as of Jun. 2026. GuruFocus rates WES with a GF Score™ of 85/100 and a GF Value™ of $43.92 (Fairly Valued). The stock has 9 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. Western Midstream Partners LP's Cost of Goods Sold for the three months ended in Jun. 2026 was $323 Mil. Western Midstream Partners LP's Average Total Inventories for the quarter that ended in Jun. 2026 was $14 Mil. Western Midstream Partners LP's Inventory Turnover for the quarter that ended in Jun. 2026 was 23.76.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Western Midstream Partners LP's Days Inventory for the three months ended in Jun. 2026 was 3.84.

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. Western Midstream Partners LP's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.01.


Western Midstream Partners LP  (NYSE:WES) 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.

Western Midstream Partners 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
=13.6105/323.385*365 / 4
=3.84

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=13.6105 / 1224.719
=0.01

* 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.


Western Midstream Partners LP Inventory Turnover Related Terms


Western Midstream Partners LP Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Western Midstream Partners 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.

Western Midstream Partners LP Inventory Turnover Chart

Western Midstream Partners 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 411.06 279.97 240.88 289.47 114.99

Western Midstream Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 18.44 17.80 20.93 21.95 23.76
WES
85GF Score
Western Midstream Partners LP WES
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Midstream Partners LP Inventory Turnover Calculation

Western 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 )
=917.756 / ((3.127 + 12.836) / 2 )
=917.756 / 7.9815
=114.99

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

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=323.385 / ((14.802 + 12.419) / 2 )
=323.385 / 13.6105
=23.76

* 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 23.76 mean?
Western Midstream Partners LP (WES) has a Inventory Turnover of 23.76 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Western Midstream Partners LP and its competitors.
Is Western Midstream Partners LP's Inventory Turnover too high?
Western Midstream Partners LP's current Inventory Turnover is 23.76. Overall, Western Midstream Partners LP has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Western Midstream Partners LP's Inventory Turnover compare to PAA and DTM?
Western Midstream Partners LP's Inventory Turnover of 23.76 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 Western Midstream Partners LP and its competitors. Western Midstream Partners LP's current Inventory Turnover is 23.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Western Midstream Partners LP (WES) is currently considered Fairly Valued. The stock's GF Value™ is $43.92, compared to a current price of $46.96 — trading 6.9% above its estimated fair value. The current Inventory Turnover is 23.76. Western Midstream Partners LP's overall GF Score™ is 85/100 with 9 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 Western Midstream Partners LP (WES), the current Inventory Turnover is 23.76 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 Western Midstream Partners LP (WES) Overvalued in 2026?

Based on GuruFocus' analysis, Western Midstream Partners LP stock appears to be overvalued. The current stock price of $46.96 is trading 6.9% above its estimated GF Value™ of $43.92. GuruFocus considers Western Midstream Partners LP to be Fairly Valued.

Key valuation signals for WES:

  • Inventory Turnover: 23.76
  • GF Value™: $43.92 vs. price of $46.96 (6.9% above fair value)
  • GF Score™: 85/100 with 9 warning signs

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


Western Midstream Partners LP Business Description

Industry EnergyOil & Gas
Address 9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380
Western Midstream Partners LP is a USA-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma) and Texas.
85GF Score

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

$46.96
Price
$43.92
GF Value