MPLX LP Inventory Turnover Ratio 2011-2023 | MPLX
Current and historical inventory turnover ratio for MPLX LP (MPLX) from 2011 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. MPLX LP inventory turnover ratio for the three months ending December 31, 2023 was 7.28.
| MPLX LP Inventory Turnover Ratio Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - Production and Pipelines |
$41.116B |
$11.281B |
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MPLX LP is a master limited partnership engaged in providing a wide range of midstream energy services, including fuel distribution solutions. The large-cap partnership owns, operate and develop midstream energy infrastructures and logistics assets, mostly for its parent company Marathon Petroleum Corporation. Apart from oil and natural gas gathering systems, the partnership's midstream assets comprise transportation pipelines for crude, natural gas and refined petroleum products. MPLX also has processing and fractionation facilities for natural gas and natural gas liquids. MPLX divides its operations into two segments - Logistics and Storage and Gathering and Processing. L&S:?The partnership's logistics and storage properties, which were primarily dropped down from Marathon Petroleum. G&P:?MPLX's gathering and processing properties are located in regions of the United States.
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