WES (Western Midstream Partners LP) Total Inventories: $12 Mil (As of Jun. 2026)

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WES Western Midstream Partners LP WES
85 GF Score
Price $46.66
GF Value $43.92
Valuation Fairly Valued
! 9 Warning Signs
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What is Western Midstream Partners LP Total Inventories?

Western Midstream Partners LP WES +1.11% 85 Total Inventories is $12 Mil 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.

Western Midstream Partners LP's total inventories for the quarter that ended in Jun. 2026 was $12 Mil. Western Midstream Partners LP's average total inventories from the quarter that ended in Mar. 2026 to the quarter that ended in Jun. 2026 was $14 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Western Midstream Partners LP's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-28.16.

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 Turnover measures how fast the company turns over its inventory within a year. Western Midstream Partners LP's Inventory Turnover for the quarter that ended in Jun. 2026 was 23.76.

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) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Western Midstream Partners LP's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is

Net-Net Working Capital Per Share (Q: Jun. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(104.766+0.75 * 938.588+0.5 * 12.419-11915.657
-0-143.844)/399.381
=-28.16

2. 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

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

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

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2026 ) / Average Total Inventories (Q: Jun. 2026 )
=323.385 / 13.6105
=23.76

4. 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Western Midstream Partners LP Total Inventories Related Terms


Western Midstream Partners LP Total Inventories Historical Data

* Premium members only.

The historical data trend for Western Midstream Partners LP's Total Inventories 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 Total Inventories Chart

Western Midstream Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.37 3.80 2.56 3.13 12.84

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
Total Inventories 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 11.98 12.92 12.84 14.80 12.42
WES
85GF Score
Western Midstream Partners LP WES
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Midstream Partners LP Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $12 Mil mean?
Western Midstream Partners LP (WES) has a Total Inventories of $12 Mil as of Jun. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Western Midstream Partners LP and its competitors.
Is Western Midstream Partners LP's Total Inventories too high?
Western Midstream Partners LP's current Total Inventories is $12 Mil. 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 Total Inventories compare to PAA and DTM?
Western Midstream Partners LP's Total Inventories of $12 Mil 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 Total Inventories for an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Western Midstream Partners LP and its competitors. Western Midstream Partners LP's current Total Inventories is $12 Mil. 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 $46.66 — trading 6.2% above its estimated fair value. The current Total Inventories is $12 Mil. 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 Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Western Midstream Partners LP (WES), the current Total Inventories is $12 Mil 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 $46.66 is trading 6.2% above its estimated GF Value™ of $43.92. GuruFocus considers Western Midstream Partners LP to be Fairly Valued.

Key valuation signals for WES:

  • Total Inventories: $12 Mil
  • GF Value™: $43.92 vs. price of $46.66 (6.2% 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

Get the complete analysis for WES

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

$46.66
Price
$43.92
GF Value