Oasis Midstream Partners LP (Oasis Midstream Partners LP) Inventory-to-Revenue : 0.06 (As of Sep. 2021)

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What is Oasis Midstream Partners LP Inventory-to-Revenue?

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. Oasis Midstream Partners LP's Average Total Inventories for the quarter that ended in Sep. 2021 was $5.9 Mil. Oasis Midstream Partners LP's Revenue for the three months ended in Sep. 2021 was $105.4 Mil. Oasis Midstream Partners LP's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.06.

Oasis Midstream Partners LP's Inventory-to-Revenue for the quarter that ended in Sep. 2021 declined from Jun. 2021 (0.07) to Jun. 2021 (0.06)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oasis Midstream Partners LP's Days Inventory for the three months ended in Sep. 2021 was 15.08.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oasis Midstream Partners LP's Inventory Turnover for the quarter that ended in Sep. 2021 was 6.05.

Oasis Midstream Partners LP Inventory-to-Revenue Historical Data

The historical data trend for Oasis Midstream Partners LP's Inventory-to-Revenue 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.

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Oasis Midstream Partners LP Inventory-to-Revenue Chart

Oasis Midstream Partners LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Inventory-to-Revenue

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0.02

Oasis Midstream Partners LP Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Inventory-to-Revenue	Get a 7-Day Free Trial															0.09	0.08	0.07	0.07	0.06

Competitive Comparison of Oasis Midstream Partners LP's Inventory-to-Revenue

For the Oil & Gas Midstream subindustry, Oasis Midstream Partners LP's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Oasis Midstream Partners LP's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oasis Midstream Partners LP's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Oasis Midstream Partners LP's Inventory-to-Revenue falls into.

Oasis Midstream Partners LP Inventory-to-Revenue Calculation

Oasis Midstream Partners LP's Inventory-to-Revenue for the fiscal year that ended in Dec. 2020 is calculated as

	Inventory-to-Revenue (A: Dec. 2020 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )
=	( (0	+	6.986)	/	1 )	/	347.859
=	6.986					/	347.859
=	0.02

Oasis Midstream Partners LP's Inventory-to-Revenue for the quarter that ended in Sep. 2021 is calculated as

	Inventory-to-Revenue (Q: Sep. 2021 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Sep. 2021 ))	/	count )	/	Revenue (Q: Sep. 2021 )
=	( (5.878	+	5.828)	/	2 )	/	105.375
=	5.853					/	105.375
=	0.06

Oasis Midstream Partners LP (NAS:OMP) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

Oasis Midstream Partners LP's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2021 )	/	Cost of Goods Sold (Q: Sep. 2021 )	*	Days in Period
	=	5.853	/	35.422	*	365 / 4
	=	15.08

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

Oasis Midstream Partners LP's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2021 )	/	Average Total Inventories (Q: Sep. 2021 )
	=	35.422	/	5.853
	=	6.05

Oasis Midstream Partners LP Inventory-to-Revenue Related Terms

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Oasis Midstream Partners LP (Oasis Midstream Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oasis Midstream Partners LP (NAS:OMP) » Definitions » Inventory-to-Revenue

Comparable Companies

NVGS HMLP GLP SGU TK GLOG TNP GLOP DSSI LPG TSX:ENB EPD TSX:TRP KMI WMB ET MPLX CQP OKE TSX:PPL

Traded in Other Exchanges

N/A

Address

1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002

Website

https://www.oasismidstream.com

Oasis Midstream Partners LP owns, develops, operates and acquires a diversified portfolio of midstream assets in North America that are integral to the oil and natural gas operations of Oasis Petroleum. The assets are located in the Williston Basin. It offers full-service midstream solutions to customers covering their oil, gas and water needs. The company generates revenues through long-term, fee-based contractual arrangements.

Executives

Taylor L Reid	director, officer: Chief Executive Officer	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Michael H Lou	director, officer: President	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Nickolas J Lorentzatos	director, officer: EVP, GC and Corporate Sec	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Thomas B Nusz	director	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Richard N Robuck	officer: SVP and CFO	1001 FANNIN STREET SUITE 1500 HOUSTON TX 77002
Phil D Kramer	director	4747 GAILLARDIA PARKWAY, OKLAHOMA CITY OK 73142
Matthew D Fitzgerald	director	1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Harry N Pefanis	director	333 CLAY STREET, STE 1600, HOUSTON TX 77002
Oasis Petroleum Inc.	10 percent owner	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Oasis Petroleum Llc	10 percent owner	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Oms Holdings Llc	10 percent owner	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Omp Gp Llc	director	1001 FANNIN STREET SUITE 1500 HOUSTON TX 77002