Tallgrass Energy Lp (TGE) Inventory Turnover Ratio, from fourth quarter 2019 to fourth quarter 2018, current and historic results, rankings and more, Quarterly Fundamentals - CSIMarket
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Tallgrass Energy Lp  (NYSE: TGE)
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 

Tallgrass Energy Lp Inventory Turnover Ratio (COS)

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

Due to inventory build up in the fourth quarter 2019, Tallgrass Energy Lp's inventory turnover ratio sequentially decreased to 2.52 in the fourth quarter 2019, unsurprisingly, as the Tallgrass Energy Lp markets continue to deteriorate, and TGE's faces growing challenges to bring down its inventories. Tallgrass Energy Lp's average inventory processing period in the Dec 31 2019 quarter, has increased to 145 days, from 99 days, in the Sep 30 2019 quarter.

Within Utilities sector 90 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the fourth quarter 2019 compared to previous quarter at no. 1646.

TGE Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Tallgrass Energy Lp Market Share?

What is Inventory Turnover Ratio?




TGE Inventory Turnover Ratio (Dec 31 2019)
IV. Quarter
(Sep 30 2019)
III. Quarter
(Jun 30 2019)
II. Quarter
(Mar 31 2019)
I. Quarter
(Dec 31 2018)
IV. Quarter
Y / Y Inventory Growth 43.03 % 39.95 % 55.1 % - -
Y / Y Cost of Sales Growth -43.99 % -38.14 % -52.26 % - -
Inventory Turnover Ratio (TTM) 2.52 3.68 4.38 5.58 6.51
TGE's Total Ranking # 1646 # 1646 # 1648 # 1647 # 1647
Average inventory processing period 145 99 83 65 56
Seq. Inventory Growth 19.63 % 25.59 % 16.87 % -18.54 % 17.05 %
Seq. Cost of Sales Growth 118.52 % -8.32 % -0.09 % -72.02 % 141.33 %




Inventory Turnover Ratio Company Ranking
Within: No.
Natural Gas Utilities Industry # 34
Utilities Sector # 91
Overall Market # 1646

Inventory Turnover Ratio Statistics
High Average Low
5.58 3.72 2.06
(Mar 31 2019)   (Sep 30 2018)




Financial Statements
Tallgrass Energy Lp's Inventories $ 49 Millions Visit TGE's Balance sheet
Tallgrass Energy Lp's Cost of Revenues TTM $ 95 Millions Visit TGE's Income Statement
What are TGE's Sales? Visit TGE's Sales by Segment

Other Inventory Turnover Ratios
Tallgrass Energy 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
TGE'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 TGE's Competitors
Inventory Turnover Ratio for TGE's Suppliers
Inventory Turnover Ratio for TGE's Customers

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



Companies with similar Inventory Turnover Ratio for the quarter ending Dec 31 2019, within Utilities Sector Inventory Turnover Ratio Cost of revenues at quarter ending Dec 31 2019 Inventories at quarter ending Dec 31 2019
Sempra  5.20 $ 1,236.000  Millions$ 238  Millions
One Gas Inc   4.74 $ 429.126  Millions$ 91  Millions
Dte Energy Co  4.58 $ 3,357.000  Millions$ 734  Millions
American Electric Power Co Inc   4.39 $ 1,940.900  Millions$ 442  Millions
Nisource Inc   4.36 $ 1,534.800  Millions$ 352  Millions
Alliant Energy Corp  4.30 $ 887.800  Millions$ 206  Millions
Duke Energy Corporation  4.08 $ 12,892.000  Millions$ 3,158  Millions
Magellan Midstream Partners L p   3.34 $ 634.081  Millions$ 190  Millions
Itc Holdings Corp   3.32 $ 113.000  Millions$ 34  Millions
Spire Inc   3.06 $ 435.800  Millions$ 142  Millions
Collective Mining Ltd   2.82 $ 280.991  Millions$ 100  Millions
Nextera Energy Inc   2.59 $ 3,640.000  Millions$ 1,404  Millions
Evergy Inc   2.58 $ 1,218.500  Millions$ 473  Millions
Tallgrass Energy Lp  2.52 $ 94.816  Millions$ 38  Millions
Firstenergy Corp   1.86 $ 497.000  Millions$ 267  Millions
Pure Cycle Corporation  1.72 $ 20.703  Millions$ 12  Millions
Rattler Midstream Lp  1.64 $ 20.186  Millions$ 12  Millions
Clean Energy Technologies Inc   1.30 $ 0.953  Millions$ 1  Millions
Dominion Energy Inc   1.24 $ 2,150.000  Millions$ 1,731  Millions
Ugi Corporation  1.20 $ 159.519  Millions$ 132  Millions
Allete Inc   1.04 $ 80.600  Millions$ 77  Millions
Tennessee Valley Authority  0.95 $ 957.000  Millions$ 1,008  Millions
Middlesex Water Company  0.92 $ 4.936  Millions$ 5  Millions
Tc Energy Corporation  0.82 $ 282.654  Millions$ 346  Millions
Genesis Energy Lp  0.78 $ 58.996  Millions$ 75  Millions

Date modified: 2026-06-22T16:42:31+00:00




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