Energy Inventory Turnover from 2010 to 2024

ET Stock  USD 19.86  0.44  2.27%   
Energy Transfer Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 17.44 in 2024. 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 Depreciation And Amortization of 4.6 B, Interest Expense of 1.4 B or Total Revenue of 82.5 B, 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

Energy Transfer shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Energy Transfer investors may analyze each financial statement separately, they are all interrelated. The changes in Energy Transfer's assets and liabilities, for example, are also reflected in the revenues and expenses on on Energy Transfer's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 26.20  17.44 

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Additional Tools for Energy Stock Analysis

When running Energy Transfer's price analysis, check to measure Energy Transfer's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Transfer is operating at the current time. Most of Energy Transfer's value examination focuses on studying past and present price action to predict the probability of Energy Transfer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Transfer's price. Additionally, you may evaluate how the addition of Energy Transfer to your portfolios can decrease your overall portfolio volatility.