NuStar Energy LP (NuStar Energy LP) Days Inventory : 6.87 (As of Mar. 2024)

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What is NuStar Energy LP Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NuStar Energy LP's Average Total Inventories for the three months ended in Mar. 2024 was $18 Mil. NuStar Energy LP's Cost of Goods Sold for the three months ended in Mar. 2024 was $244 Mil. Hence, NuStar Energy LP's Days Inventory for the three months ended in Mar. 2024 was 6.87.

The historical rank and industry rank for NuStar Energy LP's Days Inventory or its related term are showing as below:

NS' s Days Inventory Range Over the Past 10 Years
Min: 3.84 Med: 6.01 Max: 16.39
Current: 5.67

During the past 13 years, NuStar Energy LP's highest Days Inventory was 16.39. The lowest was 3.84. And the median was 6.01.

NS's Days Inventory is ranked better than
86.71% of 730 companies
in the Oil & Gas industry
Industry Median: 31.47 vs NS: 5.67

NuStar Energy LP's Days Inventory increased from Mar. 2023 (5.76) to Mar. 2024 (6.87). It might indicate that NuStar Energy LP's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NuStar Energy LP's Inventory Turnover for the three months ended in Mar. 2024 was 13.29.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. NuStar Energy LP's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.05.

NuStar Energy LP Days Inventory Historical Data

The historical data trend for NuStar Energy LP's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NuStar Energy LP Days Inventory Chart

NuStar Energy LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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3.84

4.57

4.72

5.30

6.03

NuStar Energy LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															5.76	4.88	4.90	5.77	6.87

Competitive Comparison of NuStar Energy LP's Days Inventory

For the Oil & Gas Midstream subindustry, NuStar Energy LP's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NuStar Energy LP's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NuStar Energy LP's Days Inventory distribution charts can be found below:

* The bar in red indicates where NuStar Energy LP's Days Inventory falls into.

NuStar Energy LP Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

NuStar Energy LP's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (15.397	+	18.623)	/	2 )	/	1030.464	*	365
=	17.01					/	1030.464	*	365
=	6.03

NuStar Energy LP's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (18.623	+	18.057)	/	2 )	/	243.67	*	365 / 4
=	18.34					/	243.67	*	365 / 4
=	6.87

NuStar Energy LP (NYSE:NS) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

NuStar Energy LP's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	243.67	/	18.34
	=	13.29

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

NuStar Energy LP's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.34	/	390.827
	=	0.05

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

NuStar Energy LP Days Inventory Related Terms

Thank you for viewing the detailed overview of NuStar Energy LP's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

NuStar Energy LP (NuStar Energy LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NuStar Energy LP (NYSE:NS) » Definitions » Days Inventory

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Traded in Other Exchanges

NSpC.PFD:USA NSpB.PFD:USA NSpA.PFD:USA

Address

19003 IH-10 West, San Antonio, TX, USA, 78257

Website

https://www.nustarenergy.com

NuStar Energy LP is a US-based pipeline and terminal operator. The company along with its subsidiaries is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of crude oil and specialty chemicals, and the marketing of petroleum products. Its business is organized into the segments of; Pipeline, Storage, and Fuels Marketing. Geographically, the company operates in the United States and Foreign and derives key revenue from the Pipeline business.

Executives

Suzanne Allford Wade	director	19003 IH-10W, SAN ANTONIO TX 78257
William E Greehey	director	19003 IH-10 WEST, SAN ANTONIO TX 78257
Martin Salinas	director	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Eddie Arthur Grier	director	11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Daniel S. Oliver	officer: SVP-Marketing and Bus Dev	19003 IH-10 WEST, SAN ANTONIO TX 78257
Del Alamo Jorge A.	officer: SVP and Controller	19003 IH-10 WEST, SAN ANTONIO TX 78257
Dan J Hill	director	19003 IH-10 WEST, SAN ANTONIO TX 78257
Jelynne Leblanc-burley	director	19003 IH-10 WEST, SAN ANTONIO TX 78257
Jesse D Bates	director	19003 IH-10 WEST, SAN ANTONIO TX 78257
William Grady Rosier	director	1111 MILLCREEK DRIVE, SALADO TX 76571
Robert J Munch	director	19003 IH-10 W, SAN ANTONIO TX 78257
Mary Rose Brown	officer: EVP - Administration	19003 IH-10 WEST, SAN ANTONIO TX 78257
Bradley C Barron	officer: EVP & General Counsel	19003 IH-10 WEST, SAN ANTONIO TX 78257
William B Burnett	director	19003 IH-10 WEST, SAN ANTONIO TX 78257
Thomas R Shoaf	officer: SVP & Controller	19003 IH-10 WEST, SAN ANTONIO TX 78257