GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Desert Peak Minerals Inc (NYSE:DPM) » Definitions » Days Inventory

Desert Peak Minerals (Desert Peak Minerals) Days Inventory

: 0.00 (As of Jun. 2021)
View and export this data going back to 2021. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Desert Peak Minerals's Average Total Inventories for the three months ended in Jun. 2021 was $0.00 Mil. Desert Peak Minerals's Cost of Goods Sold for the three months ended in Jun. 2021 was $0.00 Mil.

The historical rank and industry rank for Desert Peak Minerals's Days Inventory or its related term are showing as below:

DPM's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.63
* Ranked among companies with meaningful Days Inventory only.

Desert Peak Minerals's Days Inventory stayed the same from . 20 (0.00) to Jun. 2021 (0.00).

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.

Desert Peak Minerals Days Inventory Historical Data

The historical data trend for Desert Peak Minerals's Days 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.

* Premium members only.

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Days Inventory
- -

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Days Inventory - - -
Competitive Comparison

For the Oil & Gas E&P subindustry, Desert Peak Minerals's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Desert Peak Minerals Days Inventory Distribution

For the Oil & Gas industry and Energy sector, Desert Peak Minerals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Desert Peak Minerals's Days Inventory falls into.


Desert Peak Minerals Days Inventory Calculation

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

Desert Peak Minerals's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Desert Peak Minerals's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.

Desert Peak Minerals  (NYSE:DPM) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Desert Peak Minerals's Inventory Turnover for the three months ended in Jun. 2021 is calculated as

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

2. 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.

Desert Peak Minerals's Inventory to Revenue for the three months ended in Jun. 2021 is calculated as

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

* 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.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Desert Peak Minerals Days Inventory Related Terms

Thank you for viewing the detailed overview of Desert Peak Minerals's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Desert Peak Minerals (Desert Peak Minerals) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Desert Peak Minerals Inc (NYSE:DPM) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
http://www.desertpeak.com
Desert Peak Minerals Inc acquires, owns, and manages mineral and royalty interests in the Permian Basin. Its mineral and royalty interests entitle the company to receive a fixed percentage of the revenue from crude oil, natural gas, and NGLs produced from the acreage.

Desert Peak Minerals (Desert Peak Minerals) Headlines