Targa Resources Partners Lp (NGLS) Inventory Turnover Ratio, from fourth quarter 2020 to fourth quarter 2019, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
CSIMarket Company Name, Ticker, Industry, else..
 
Targa Resources Partners Lp  (NGLS)
    Sector • Utilities    Industry • Natural Gas Utilities
   Industry • Natural Gas Utilities
   Sector • Utilities
 

Targa Resources Partners Lp Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Targa Resources Partners Lp's inventory turnover ratio, the ratio that measures Targa Resources Partners Lp's ability to manage its supply chain, sequentially decreased to 26.78 in the fourth quarter 2020, which does not come as a surprise, as the Targa Resources Partners Lp continue to experience headwinds, which also impact its supply chain. Targa Resources Partners Lp's average inventory processing period in the Dec 31 2020 quarter, has increased to 14 days, from 13 days, in the Sep 30 2020 quarter.

Within Utilities sector 13 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the fourth quarter 2020 compared to previous quarter at no. 164.

NGLS Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Targa Resources Partners Lp Market Share?

What is Inventory Turnover Ratio?



Download as CSV
Commercial Data Licensing & OEM
Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms
API & Data Feeds
Programmatic access to normalized fundamentals & ratios.

NGLS Inventory Turnover Ratio (Dec 31 2020)
IV. Quarter		 (Sep 30 2020)
III. Quarter		 (Jun 30 2020)
II. Quarter		 (Mar 31 2020)
I. Quarter		 (Dec 31 2019)
IV. Quarter
Y / Y Inventory Growth 12.32 % 24.09 % 6.92 % -49.37 % -1.94 %
Y / Y Cost of Sales Growth 2.95 % -1.87 % -36.79 % -31.15 % -15.22 %
Inventory Turnover Ratio (TTM) 26.78 27.22 29.37 32.94 31.56
NGLS's Total Ranking # 164 # 164 # 164 # 132 # 165
Average inventory processing period 14 13 12 11 12
Seq. Inventory Growth -30.68 % 19.33 % 118.86 % -37.96 % -23.42 %
Seq. Cost of Sales Growth 34.52 % 51.43 % -27.58 % -30.21 % 28.21 %




Inventory Turnover Ratio Company Ranking
Within: No.
Natural Gas Utilities Industry # 7
Utilities Sector # 14
Overall Market # 164

Inventory Turnover Ratio Statistics
High Average Low
61.24 41.64 26.78
(Dec 31 2012)   (Dec 31 2020)



NGLS Company Profile >> Back to NGLS Efficiency Comparisons >> Compare NGLS Inventory Turnover Ratio to its Competitors

Financial Statements
Targa Resources Partners Lp's Inventories $ 181 Millions Visit NGLS's Balance sheet
Targa Resources Partners Lp's Cost of Revenues TTM $ 5,105 Millions Visit NGLS's Income Statement
What are NGLS's Sales? Visit NGLS's Sales by Segment

Other Inventory Turnover Ratios
Targa Resources Partners Lp's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Natural Gas Utilities Industry Inventory Turnover Trends and Statistics
Utilities Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
NGLS's Inventory Turnover Ratio versus Natural Gas Utilities Industry, Utilities Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for NGLS's Competitors
Inventory Turnover Ratio for NGLS's Suppliers
Inventory Turnover Ratio for NGLS's Customers

You may also want to know
NGLS's Sales Growth Rates NGLS's Pe Price to earnings ratio NGLS's Receivables Turnover Ratio NGLS's Stock Quote
NGLS's Net Income Growth Rates NGLS's Ps Price to Sales ratio NGLS's Sales per Employee NGLS's Asset Turnover Ratio
NGLS's Net Margin NGLS's Pb Price to Book ratio NGLS's Financial Strength Ratios NGLS's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2020, within Utilities Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2020 Inventories at quarter ending Dec 31 2020
Exelon Corporation  73.58 $ 14,422.000  Millions$ 196  Millions
Dpl Llc  44.99 $ 413.900  Millions$ 9  Millions
Nustar Energy L p   40.36 $ 403.579  Millions$ 10  Millions
Ngl Energy Partners Lp  37.73 $ 4,320.516  Millions$ 115  Millions
Plains All American Pipeline Lp  37.61 $ 20,430.000  Millions$ 543  Millions
Plains Gp Holdings Lp  37.61 $ 20,430.000  Millions$ 543  Millions
American Water Works Company Inc   32.93 $ 1,622.000  Millions$ 49  Millions
California Water Service Group  31.11 $ 264.082  Millions$ 8  Millions
Targa Resources Partners Lp  26.78 $ 5,105.100  Millions$ 191  Millions
Targa Resources Corp   26.77 $ 5,105.100  Millions$ 191  Millions
Avangrid Inc   24.93 $ 3,845.000  Millions$ 154  Millions
Cheniere Energy Partners L p   24.65 $ 2,582.000  Millions$ 105  Millions
Oneok Inc   23.73 $ 5,110.146  Millions$ 215  Millions
Enable Midstream Partners Lp  22.71 $ 965.000  Millions$ 43  Millions
Cheniere Energy Inc   22.35 $ 5,688.000  Millions$ 255  Millions
Crestwood Equity Partners Lp  21.47 $ 1,600.500  Millions$ 75  Millions
Nrg Energy Inc  18.46 $ 6,540.000  Millions$ 354  Millions
Genie Energy Ltd   17.85 $ 281.627  Millions$ 16  Millions
Ugi Corporation  17.69 $ 3,982.000  Millions$ 225  Millions
American States Water Co  17.65 $ 144.827  Millions$ 8  Millions
Energy Transfer Lp  16.77 $ 25,487.000  Millions$ 1,520  Millions
Energy Transfer Operating L p   16.77 $ 25,487.000  Millions$ 1,520  Millions
Enbridge Inc   16.56 $ 14,469.740  Millions$ 874  Millions
Oge Energy Corp   16.00 $ 644.600  Millions$ 40  Millions
Mge Energy Inc   15.64 $ 229.313  Millions$ 15  Millions
Idacorp Inc   14.22 $ 649.488  Millions$ 46  Millions
Portland General Electric Company  12.71 $ 1,001.000  Millions$ 79  Millions
Atlantic Power Corporation  12.35 $ 220.100  Millions$ 18  Millions
Ormat Technologies Inc   12.02 $ 429.067  Millions$ 36  Millions
Williams companies inc   11.62 $ 1,545.000  Millions$ 133  Millions

Date modified: 2026-06-22T14:32:20+00:00




Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.