Targa Resources TRGP Inventory turnover
Inventory turnover at other companies
Other financials
Where this comes from
Calculated from Targa Resources’s reported figures.
Based on trailing twelve months.
The official record: Targa Resources’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
Ask your AI about Targa Resources's inventory turnover.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is Targa Resources's inventory turnover?
- Targa Resources (TRGP) reported inventory turnover of 32.7× in Q1 2026.
- How has Targa Resources's inventory turnover changed year-over-year?
- Targa Resources's inventory turnover decreased by 26.9% year-over-year, from 44.7× to 32.7×.
- What is the long-term trend for Targa Resources's inventory turnover?
- Over 5 years (2020 to 2025), Targa Resources's inventory turnover has grown at a -1.9% compound annual growth rate (CAGR), from 30.2× to 27.5×.
- What does inventory turnover mean?
- How many times a year the company sells through and restocks its inventory.
- How do you interpret inventory turnover?
- Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
- How does inventory turnover compare across companies?
- Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.