Energy Inventory Turnover from 2010 to 2024

ET-PI Stock   11.95  0.01  0.08%   
Energy Transfer's Inventory Turnover is decreasing with very volatile movements from year to year. Inventory Turnover is predicted to flatten to 17.44. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
26.20096852
Current Value
17.44
Quarterly Volatility
7.75976144
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Energy Transfer financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy Transfer's main balance sheet or income statement drivers, such as Tax Provision of 247.1 M, Interest Expense of 2.6 B or Selling General Administrative of 929.7 M, as well as many indicators such as Price To Sales Ratio of 0.75, Dividend Yield of 0.065 or PTB Ratio of 0.94. Energy financial statements analysis is a perfect complement when working with Energy Transfer Valuation or Volatility modules.
  
Check out the analysis of Energy Transfer Correlation against competitors.

Latest Energy Transfer's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Energy Transfer LP over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Energy Transfer's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Energy Transfer's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Very volatile
   Inventory Turnover   
       Timeline  

Energy Inventory Turnover Regression Statistics

Arithmetic Mean22.84
Geometric Mean21.52
Coefficient Of Variation33.97
Mean Deviation6.19
Median22.16
Standard Deviation7.76
Sample Variance60.21
Range28.0307
R-Value(0.02)
Mean Square Error64.81
R-Squared0.0006
Significance0.93
Slope(0.04)
Total Sum of Squares842.99

Energy Inventory Turnover History

2024 17.44
2023 26.2
2022 31.04
2021 26.92
2020 16.77
2019 22.16
2018 26.55

About Energy Transfer Financial Statements

Investors use fundamental indicators, such as Energy Transfer's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Energy Transfer's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Inventory Turnover 26.20  17.44 

Currently Active Assets on Macroaxis

When determining whether Energy Transfer LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock. Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock:
Check out the analysis of Energy Transfer Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Please note, there is a significant difference between Energy Transfer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Transfer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Transfer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.