USA Compression Partners LP (USA Compression Partners LP) Days Inventory : 74.39 (As of Dec. 2023)

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What is USA Compression Partners LP Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). USA Compression Partners LP's Average Total Inventories for the three months ended in Dec. 2023 was $110.6 Mil. USA Compression Partners LP's Cost of Goods Sold for the three months ended in Dec. 2023 was $135.7 Mil. Hence, USA Compression Partners LP's Days Inventory for the three months ended in Dec. 2023 was 74.39.

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

USAC' s Days Inventory Range Over the Past 10 Years
Min: 23.71 Med: 60.83 Max: 72.42
Current: 70.51

During the past 13 years, USA Compression Partners LP's highest Days Inventory was 72.42. The lowest was 23.71. And the median was 60.83.

USAC's Days Inventory is ranked worse than
77.5% of 729 companies
in the Oil & Gas industry
Industry Median: 31.5 vs USAC: 70.51

USA Compression Partners LP's Days Inventory increased from Dec. 2022 (67.25) to Dec. 2023 (74.39). It might indicate that USA Compression Partners LP's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. USA Compression Partners LP's Inventory Turnover for the three months ended in Dec. 2023 was 1.23.

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. USA Compression Partners LP's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.49.

USA Compression Partners LP Days Inventory Historical Data

The historical data trend for USA Compression Partners 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.

USA Compression Partners LP Days Inventory Chart

USA Compression Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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71.98

72.42

71.81

69.58

71.68

USA Compression Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															67.25	68.75	69.43	68.22	74.39

Competitive Comparison of USA Compression Partners LP's Days Inventory

For the Oil & Gas Equipment & Services subindustry, USA Compression Partners 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.

USA Compression Partners LP's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where USA Compression Partners LP's Days Inventory falls into.

USA Compression Partners LP Days Inventory Calculation

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

USA Compression Partners 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
=	( (93.754	+	114.728)	/	2 )	/	530.804	*	365
=	104.241					/	530.804	*	365
=	71.68

USA Compression Partners LP's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (106.457	+	114.728)	/	2 )	/	135.663	*	365 / 4
=	110.5925					/	135.663	*	365 / 4
=	74.39

USA Compression Partners LP (NYSE:USAC) 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.

USA Compression Partners LP's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	135.663	/	110.5925
	=	1.23

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.

USA Compression Partners LP's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	110.5925	/	225.049
	=	0.49

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.

USA Compression Partners LP Days Inventory Related Terms

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

USA Compression Partners LP (USA Compression Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » USA Compression Partners LP (NYSE:USAC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Congress Avenue, Suite 2400, Austin, TX, USA, 78701

Website

https://www.usacompression.com

USA Compression Partners LP provides compression services in the United States in terms of total compression fleet horsepower to customers relating to infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and enhancing crude oil production through artificial lift processes. It engineers, designs, operates, services, and repairs its compression units, and maintains related support inventory and equipment. The company provides compression services in several shale plays throughout the U.S., including the Utica, Marcellus, Permian Basin, Delaware Basin, Eagle Ford, and others.

Executives

Eig Veteran Equity Aggregator, L.p.	director	1700 PENNSYLVANIA AVENUE, NW, SUITE 800, WASHINGTON DC 20006
Christopher W Porter	officer: SEE REMARKS	111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Eric D Long	director, officer: See Remarks	111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Michael C Pearl	officer: See Remarks	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380-7046
Sean T Kimble	officer: SEE REMARKS	111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Bradford D. Whitehurst	director, See Remarks	100 CONGRESS AVENUE, SUITE 450, AUSTIN TX 78701
W Brett Smith	director	508 W WALL AVE., SUITE 500, MIDLAND TX 79701
Eric A Scheller	officer: See Remarks	111 CONGRESS AVE, SUITE 2400, AUSTIN TX 78701
Energy Transfer Lp	10 percent owner	8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Le Gp Llc	10 percent owner
Energy Transfer Operating, L.p.	10 percent owner	8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Energy Transfer Partners Gp, L.p.	10 percent owner	3738 OAK LAWN AVE., DALLAS TX 75219
Energy Transfer Partners, L.l.c.	10 percent owner	3738 OAK LAWN AVE., DALLAS TX 75219
Kelcy L Warren	10 percent owner
William G Manias	director	GULFTERRA ENERGY PARTNERS, 4 GREENWAY PLAZA, HOUSTON TX 77046