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SandRidge Mississippian Trust I (SandRidge Mississippian Trust I) Days Inventory : 0.00 (As of Jun. 2021)


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What is SandRidge Mississippian Trust I Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SandRidge Mississippian Trust I's Average Total Inventories for the three months ended in Jun. 2021 was $0.00 Mil. SandRidge Mississippian Trust I's Cost of Goods Sold for the three months ended in Jun. 2021 was $0.18 Mil. Hence, SandRidge Mississippian Trust I's Days Inventory for the three months ended in Jun. 2021 was 0.00.

The historical rank and industry rank for SandRidge Mississippian Trust I's Days Inventory or its related term are showing as below:

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

SandRidge Mississippian Trust I's Days Inventory stayed the same from Jun. 2020 (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. SandRidge Mississippian Trust I's Inventory-to-Revenue for the three months ended in Jun. 2021 was 0.00.

SandRidge Mississippian Trust I Days Inventory Historical Data

The historical data trend for SandRidge Mississippian Trust I'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.

SandRidge Mississippian Trust I Days Inventory Chart

SandRidge Mississippian Trust I Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
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SandRidge Mississippian Trust I Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of SandRidge Mississippian Trust I's Days Inventory

For the Oil & Gas E&P subindustry, SandRidge Mississippian Trust I'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.

SandRidge Mississippian Trust I's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SandRidge Mississippian Trust I's Days Inventory distribution charts can be found below:

* The bar in red indicates where SandRidge Mississippian Trust I's Days Inventory falls into.


SandRidge Mississippian Trust I Days Inventory Calculation

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

SandRidge Mississippian Trust I'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 ) / 0.867*365
=0 / 0.867*365
=0.00

SandRidge Mississippian Trust I'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: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0.182*365 / 4
=0 / 0.182*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.

SandRidge Mississippian Trust I  (OTCPK:SDTTU) 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.

SandRidge Mississippian Trust I's Inventory Turnover for the three months ended in Jun. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.182 / 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.

SandRidge Mississippian Trust I's Inventory to Revenue for the three months ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 5.725
=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.

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.

SandRidge Mississippian Trust I Days Inventory Related Terms

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SandRidge Mississippian Trust I (SandRidge Mississippian Trust I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SandRidge Mississippian Trust I (OTCPK:SDTTU) » Definitions » Days Inventory
Comparable Companies
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Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
Website
https://sdt.q4web.com
SandRidge Mississippian Trust I is a statutory trust which holds royalty interests in specified oil and natural gas properties located in the Mississippian formation in Alfalfa, Garfield, Grant, and Woods counties in Oklahoma. The royalty interests entitle the Trust to receive most of the proceeds from the sale of oil, natural gas, and natural gas liquids.
Executives
Sandridge Energy Inc 10 percent owner 123 ROBERT S. KERR AVENUE OKLAHOMA CITY OK 73102-6406