DT Midstream Inc (DTM)
Inventory turnover
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 230,000 | 221,000 | 217,000 | 217,000 | 215,000 | 201,000 | 203,000 | 200,000 | |||
Inventory | US$ in thousands | — | 6,000 | 11,000 | 17,000 | 22,000 | 7,000 | 13,000 | 19,000 | 25,000 | 6,000 | 12,000 |
Inventory turnover | — | 36.83 | 19.73 | 12.76 | 9.77 | 28.71 | 15.62 | 10.53 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $230,000K ÷ $—K
= —
Based on the data provided, it appears that specific inventory turnover values for DT Midstream Inc for the quarters from Q1 2022 to Q4 2023 are not available. Without this information, a detailed analysis of the inventory turnover ratio cannot be conducted. It is essential to have the relevant figures of inventory levels and cost of goods sold to calculate inventory turnover accurately. Further financial data or historical trends would be required to assess the efficiency of inventory management and potential implications for the company's operations and financial performance.
Peer comparison
Dec 31, 2023
Dec 31, 2023
Company name
Symbol
Inventory turnover
DT Midstream Inc
DTM
—
Antero Midstream Partners LP
AM
—
Kinder Morgan Inc
KMI
11.21
Targa Resources Inc
TRGP
30.59
Williams Companies Inc
WMB
2.87