Targa Resources Partners Lp Receivables Turnover Ratio (NGLS), from the fourth quarter 2020 to the fourth quarter 2019 current and historic results, rankings and more - CSIMarket
CSIMarket Company Name, Ticker, Competitors, else..
 


• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Targa Resources Partners Lp  (NGLS)
    Sector • Utilities    Industry • Natural Gas Utilities
   Industry • Natural Gas Utilities
   Sector • Utilities
 

Targa Resources Partners Lp Accounts Receivables Turnover Ratio from the fourth quarter 2020 to the fourth quarter 2019

Quarterly Results, Trends, Rankings, Statistics


Targa Resources Partners Lp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the fourth quarter 2020 to a ratio of 13.44, above the company average. This is a clear sign of healthy business climate in the Natural Gas Utilities industry and improving liquidity at their respective customers, during the fourth quarter 2020. Average collection period, for Targa Resources Partners Lp's accounts receivable remained unchanged at 27 days, in the Dec 31 2020 quarter.

If we take a look into Utilities sector 7 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Dec 31 2020 from 1994 to 2003.

What is Receivable Turnover Ratio?
What is Targa Resources Partners Lp Selling?


What is Receivable 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 Receivables 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 Receivable Change 0.88 % -17.92 % -13.93 % -41.69 % -1.06 %
Y / Y Revenue Change 4 % 11.17 % -23.65 % -10.89 % -4.76 %
Receivable Turnover Ratio (TTM) 13.44 13.32 12.31 12.6 11.62
NGLS's Total Ranking # 2003 # 1994 # 1991 # 852 # 870
Accounts Receivable average collection period days 27 27 30 29 31
Seq. Receivable Change 41.47 % 11.42 % 24.87 % -48.75 % 15.12 %
Seq. Revenue Change 21.64 % 38.83 % -25.64 % -17.18 % 30.03 %


Receivable Turnover Company Ranking
Within: No.
Natural Gas Utilities Industry # 3
Utilities Sector # 8
Overall Market # 2003

Receivable Turnover Ratio Statistics
High Average Low
1.44 0.98 0.46
(Sep 30 2014)   (Jun 30 2020)





NGLS Company Profile • Back to NGLS Efficiency Comparisons • Compare NGLS Receivables Turnover Ratio to its Competitors

Financial Statements
Targa Resources Partners Lp's Accounts Receivable $ 863 Millions Visit NGLS's Balance sheet
Targa Resources Partners Lp's Sales TTM $ 8,260 Millions Visit NGLS's Income Statement
Sources of NGLS's Revenues Visit NGLS's Sales by Geography

Other Accounts Receivable Turnover Ratios
Natural Gas Utilities Industry Accounts Receivable Turnover Trends and Statistics
Utilities Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
NGLS's Receivable Turnover Ratio versus Natural Gas Utilities Industry, Utilities Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
NGLS's Growth Rates NGLS's Roa NGLS's Inventory Turnover Ratio NGLS's Dividend Comparisons
NGLS's Profitability Ratios NGLS's Roi NGLS's Asset Turnover Ratio NGLS's Dividend Growth
NGLS's Valuation Ratios NGLS's Roe NGLS's Financial Strength Ratios NGLS's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2020, within Utilities Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2020 Receivable at quarter ending Dec 31 2020
Pure Cycle Corporation  24.86 $ 20.262  Millions$ 0.815  Millions
Xcel Energy Inc   24.71 $ 21,328.000  Millions$ 863.250  Millions
Cheniere Energy Partners L p   23.01 $ 6,167.000  Millions$ 268.000  Millions
Gas Transporter Of The South Inc   21.34 $ 2,353.020  Millions$ 110.281  Millions
Just Energy Group Inc   20.74 $ 6,059.577  Millions$ 292.103  Millions
Noble Midstream Partners Lp  20.41 $ 764.625  Millions$ 37.470  Millions
Ocean Power Technologies Inc   20.00 $ 1.155  Millions$ 0.058  Millions
Global Water Resources Inc   19.03 $ 38.627  Millions$ 2.030  Millions
California Water Service Group  18.41 $ 811.229  Millions$ 44.060  Millions
Centerpoint Energy Inc   18.41 $ 7,418.000  Millions$ 403.000  Millions
Collective Mining Ltd   18.16 $ 1,498.146  Millions$ 82.511  Millions
Cheniere Energy Inc   17.40 $ 9,358.000  Millions$ 537.750  Millions
Hallador Energy Co  17.29 $ 244.064  Millions$ 14.114  Millions
Atlantic Power Corporation  17.18 $ 513.600  Millions$ 29.900  Millions
Idacorp Inc   16.74 $ 1,350.729  Millions$ 80.705  Millions
Evergy Inc   16.69 $ 4,913.400  Millions$ 294.400  Millions
Ameren Corporation  16.54 $ 5,794.000  Millions$ 350.250  Millions
Edenor  15.15 $ 3,844.303  Millions$ 253.768  Millions
Mplx Lp  14.66 $ 7,378.000  Millions$ 503.250  Millions
Sunnova Energy International Inc   14.43 $ 160.820  Millions$ 11.146  Millions
Txnm Energy Inc   14.23 $ 1,523.012  Millions$ 107.027  Millions
Mge Energy Inc   14.01 $ 538.633  Millions$ 38.448  Millions
Targa Resources Corp   13.44 $ 8,260.300  Millions$ 614.475  Millions
Targa Resources Partners Lp  13.44 $ 8,260.300  Millions$ 614.525  Millions
Berkshire Hathaway Energy Company  12.90 $ 20,952.000  Millions$ 1,624.750  Millions
Oneok Inc   12.87 $ 8,542.242  Millions$ 663.532  Millions
Northwest Natural Holding Company  12.81 $ 773.679  Millions$ 60.410  Millions
Edison International  12.75 $ 13,578.000  Millions$ 1,065.000  Millions
H2o America  12.70 $ 564.526  Millions$ 44.449  Millions
Oge Energy Corp   12.65 $ 2,122.300  Millions$ 167.825  Millions

Date modified: 2026-10-15T05:23:27+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.