Sunoco LP Inventory Turnover Ratio 2011-2023 | SUN
Current and historical inventory turnover ratio for Sunoco LP (SUN) 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. Sunoco LP inventory turnover ratio for the three months ending December 31, 2023 was 6.18.
Sunoco LP Inventory Turnover Ratio Historical Data |
Date |
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|
|
Sector |
Industry |
Market Cap |
Revenue |
Oils/Energy |
Oil Refining & Marketing MLP |
$5.712B |
$23.068B |
Sunoco LP is a master limited partnership. The partnership's prime business comprises the distribution of motor fuel to customers that include independent dealers, commercial customers, convenience stores as well as distributors. Sunoco?GP LLC, a general partner of the partnership, is owned by Energy Transfer Operating LP - an affiliate of Energy Transfer LP. In general, after buying motor fuel from refiners, Sunoco sells the fuel to customers, which determines the partnership's profit. Moreover, the partnership leases real estate that is used by motor retailers to distribute motor fuel, which generates rental income.
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