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Chesapeake Granite Wash Trust (Chesapeake Granite Wash Trust) Days Inventory : 0.00 (As of Dec. 2023)


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What is Chesapeake Granite Wash Trust Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chesapeake Granite Wash Trust's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. Chesapeake Granite Wash Trust's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.12 Mil. Hence, Chesapeake Granite Wash Trust's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Chesapeake Granite Wash Trust's Days Inventory or its related term are showing as below:

CHKR's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.41
* Ranked among companies with meaningful Days Inventory only.

Chesapeake Granite Wash Trust's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. Chesapeake Granite Wash Trust's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Chesapeake Granite Wash Trust Days Inventory Historical Data

The historical data trend for Chesapeake Granite Wash Trust'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.

Chesapeake Granite Wash Trust Days Inventory Chart

Chesapeake Granite Wash Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Chesapeake Granite Wash Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Chesapeake Granite Wash Trust's Days Inventory

For the Oil & Gas E&P subindustry, Chesapeake Granite Wash Trust'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.


Chesapeake Granite Wash Trust's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chesapeake Granite Wash Trust's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chesapeake Granite Wash Trust's Days Inventory falls into.



Chesapeake Granite Wash Trust Days Inventory Calculation

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

Chesapeake Granite Wash Trust's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.699*365
=0 / 0.699*365
=0.00

Chesapeake Granite Wash Trust's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.122*365 / 4
=0 / 0.122*365 / 4
=0.00

* 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.


Chesapeake Granite Wash Trust  (OTCPK:CHKR) 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.

Chesapeake Granite Wash Trust's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

Chesapeake Granite Wash Trust's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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.


Chesapeake Granite Wash Trust Days Inventory Related Terms

Thank you for viewing the detailed overview of Chesapeake Granite Wash Trust's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Chesapeake Granite Wash Trust (Chesapeake Granite Wash Trust) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, Floor 16, Houston, TX, USA, 77002
Chesapeake Granite Wash Trust is a statutory trust which is formed to own the royalty interests for the benefit of trust unitholders. The Royalty Interests are derived from Chesapeake Energy Corporation's interests in specified oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of western Oklahoma. The trust also has an interest in producing Wells and the development Wells. Majority revenue of the company comes from oil, natural gas and NGL.
Executives
Chesapeake Energy Corp 10 percent owner 6100 NORTH WESTERN AVE, OKLAHOMA CITY OK 73118
Chesapeake Exploration Llc 10 percent owner 6100 N. WESTERN AVENUE, PO BOX 18496, OKC OK 73154-0496