QEP Midstream Partners LP (FRA:1QM) Inventory Turnover : 0.00 (As of Mar. 2015)

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What is QEP Midstream Partners LP Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. QEP Midstream Partners LP's Cost of Goods Sold for the three months ended in Mar. 2015 was €5.5 Mil. QEP Midstream Partners LP's Average Total Inventories for the quarter that ended in Mar. 2015 was €0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. QEP Midstream Partners LP's Days Inventory for the three months ended in Mar. 2015 was 0.00.

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. QEP Midstream Partners LP's Inventory-to-Revenue for the quarter that ended in Mar. 2015 was 0.00.

QEP Midstream Partners LP Inventory Turnover Historical Data

The historical data trend for QEP Midstream Partners LP's Inventory Turnover 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.

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QEP Midstream Partners LP Inventory Turnover Chart

QEP Midstream Partners LP Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Inventory Turnover

QEP Midstream Partners LP Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
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QEP Midstream Partners LP Inventory Turnover Calculation

QEP Midstream Partners LP's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	19.869	/ (	(0	+	0)	/	1 )
=	19.869	/	0
=	N/A

QEP Midstream Partners LP's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

	Inventory Turnover (Q: Mar. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2015 )	/ (	(Total Inventories (Q: Dec. 2014 )	+	Total Inventories (Q: Mar. 2015 ))	/	count )
=	5.544	/ (	(0	+	0)	/	1 )
=	5.544	/	0
=	N/A

QEP Midstream Partners LP (FRA:1QM) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

QEP Midstream Partners LP's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2015 )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
	=	0	/	5.544	*	365 / 4
	=	0.00

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.

QEP Midstream Partners LP's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2015 )	/	Revenue (Q: Mar. 2015 )
	=	0	/	32.34
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

QEP Midstream Partners LP Inventory Turnover Related Terms

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QEP Midstream Partners LP (FRA:1QM) Business Description

Industry

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Address

Website

http://www.qepm.com

QEP Midstream Partners LP provides gathering, compression and transportation services to producers and users of natural gas and crude oil. Its assets consist of ownership interests in four gathering systems and two FERC-regulated pipelines. Its assets are located in the Green River Basin located in Wyoming and Colorado, the Uinta Basin located in eastern Utah, and the portion of the Williston Basin located in North Dakota. The company derives revenues from the fee-based agreements.

QEP Midstream Partners LP (FRA:1QM) Headlines

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