Magellan Midstream Partners L P Asset Turnover Ratio (MMP), as of second quarter 2023, current and historic results, rankings and more - CSIMarket
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Magellan Midstream Partners L p   (NYSE: MMP)
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 

Magellan Midstream Partners L P Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Magellan Midstream Partners L P asset turnover ratio, the ability of Magellan Midstream Partners L P 's assets to generate revenue in the second quarter 2023, increased sequentially to 0.45 in the second quarter (Jun 30 2023), yet the ratio remained below the average, as MMP's position remain challenging.

Within sector Magellan Midstream Partners L p achieved the highest asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Second Quarter 2023 compared to the preceding quarter from 174 to 180.

Asset Turnover Ratio Definition



MMP Asset Turnover Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Asset Change -2.06 % -6.67 % -3.99 % -2.67 % -5.91 %
Y / Y Revenue Change 11.24 % 28.9 % 10.48 % 37.09 % 20.65 %
Asset Turnover Ratio (TTM) 0.45 0.44 0.41 0.39 0.36
MMP's Total Ranking # 180 # 174 # 745 # 155 # 87
Seq. Asset Change 0.81 % -1.81 % -1.4 % 0.34 % -3.93 %
Seq. Revenue Change 0.86 % 1.01 % -1.72 % 11.1 % 16.88 %



Asset Turnover Ratio Company Ranking
Within: No.
Natural Gas Utilities Industry # 0
Utilities Sector # 2
Overall Market # 180

Asset Turnover Ratio Statistics
High Average Low
183.92 75.19 18.65
(Dec 31 2017)   (Sep 30 2015)







Companies with similar Asset Turnover Ratio for the quarter ending Jun 30 2023, within Utilities Sector Asset Turnover Ratio Revenues for 12 Months ending Jun 30 2023 Assets at quarter ending Jun 30 2023
Hallador Energy Co  1.05 $ 586.683  Millions$ 557.608  Millions
Nrg Energy Inc  1.01 $ 30,435.000  Millions$ 30,019.000  Millions
Stabilis Solutions Inc   1.00 $ 89.700  Millions$ 89.787  Millions
Enlink Midstream Llc  0.93 $ 8,011.400  Millions$ 8,602.650  Millions
Targa Resources Corp   0.92 $ 17,839.100  Millions$ 19,359.300  Millions
Dcp Midstream Lp  0.91 $ 11,916.000  Millions$ 13,148.000  Millions
Crestwood Equity Partners Lp  0.80 $ 5,253.200  Millions$ 6,540.550  Millions
Oneok Inc   0.79 $ 19,198.562  Millions$ 24,330.084  Millions
Enterprise Products Partners L p   0.77 $ 52,213.000  Millions$ 67,899.750  Millions
Energy Transfer Lp  0.77 $ 80,755.000  Millions$ 105,257.750  Millions
Cheniere Energy Partners L p   0.74 $ 14,547.000  Millions$ 19,626.750  Millions
Cheniere Energy Inc   0.70 $ 29,349.000  Millions$ 41,744.000  Millions
Clean Energy Technologies Inc   0.70 $ 6.814  Millions$ 9.741  Millions
Southwest Gas Holdings Inc   0.67 $ 8,432.861  Millions$ 12,515.072  Millions
Consolidated Water Co ltd   0.67 $ 130.586  Millions$ 196.178  Millions
Excelerate Energy Inc  0.65 $ 1,901.799  Millions$ 2,937.203  Millions
Delek Logistics Partners Lp  0.63 $ 1,053.512  Millions$ 1,675.428  Millions
Ugi Corporation  0.57 $ 9,458.000  Millions$ 16,593.750  Millions
Constellation Energy Corporation  0.57 $ 26,395.000  Millions$ 46,560.500  Millions
Montauk Renewables Inc   0.54 $ 177.916  Millions$ 329.234  Millions
Opal Fuels Inc   0.52 $ 333.530  Millions$ 644.890  Millions
Vistra Corp   0.51 $ 16,629.000  Millions$ 32,387.750  Millions
Genesis Energy Lp  0.47 $ 3,030.559  Millions$ 6,447.863  Millions
Usa Compression Partners Lp  0.46 $ 933.320  Millions$ 2,032.880  Millions
Otter Tail Corporation  0.46 $ 1,362.062  Millions$ 2,970.240  Millions
Transmontaigne Partners llc  0.46 $ 624.715  Millions$ 1,367.492  Millions
Magellan Midstream Partners L p   0.45 $ 3,484.000  Millions$ 7,679.575  Millions
Clean Energy Fuels Corp   0.45 $ 462.174  Millions$ 1,034.955  Millions
Xcel Energy Inc   0.45 $ 27,168.000  Millions$ 60,941.500  Millions
Collective Mining Ltd   0.44 $ 1,818.477  Millions$ 4,137.190  Millions



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