Marine Petroleum Trust (Marine Petroleum Trust) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

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What is Marine Petroleum Trust Change In Inventory?

Marine Petroleum Trust's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Marine Petroleum Trust's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Marine Petroleum Trust's change in inventory for the fiscal year that ended in Jun. 2023 was $0.00 Mil. It means Marine Petroleum Trust's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Marine Petroleum Trust's Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Marine Petroleum Trust's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Marine Petroleum Trust Change In Inventory Historical Data

The historical data trend for Marine Petroleum Trust's Change In Inventory 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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Marine Petroleum Trust Change In Inventory Chart

Marine Petroleum Trust Annual Data

Trend

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Change In Inventory

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Marine Petroleum Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Marine Petroleum Trust Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Marine Petroleum Trust (NAS:MARPS) Change In Inventory Explanation

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

Marine Petroleum Trust's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Marine Petroleum Trust's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. 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.

Marine Petroleum Trust's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.249
	=	0.00

Marine Petroleum Trust Change In Inventory Related Terms

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Marine Petroleum Trust (Marine Petroleum Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marine Petroleum Trust (NAS:MARPS) » Definitions » Change In Inventory

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Address

c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219

Website

https://www.marps-marine.com

Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.