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Mesa Royalty Trust (Mesa Royalty Trust) Days Inventory : 0.00 (As of Dec. 2023)


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What is Mesa Royalty Trust Days Inventory?

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

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

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

Mesa Royalty 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. Mesa Royalty Trust's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Mesa Royalty Trust Days Inventory Historical Data

The historical data trend for Mesa Royalty 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.

Mesa Royalty Trust Days Inventory Chart

Mesa Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Mesa Royalty 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 Mesa Royalty Trust's Days Inventory

For the Oil & Gas E&P subindustry, Mesa Royalty 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.


Mesa Royalty Trust's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Mesa Royalty Trust's Days Inventory falls into.



Mesa Royalty Trust Days Inventory Calculation

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

Mesa Royalty 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*365
=0 / 0*365
=N/A

Mesa Royalty 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*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.


Mesa Royalty Trust  (NYSE:MTR) 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.

Mesa Royalty 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.

Mesa Royalty 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.


Mesa Royalty Trust Days Inventory Related Terms

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


Mesa Royalty Trust (Mesa Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, Floor 16, Global Corporate Trust, Houston, TX, USA, 77002
Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties located in the: Hugoton field of Kansas, San Juan Basin field of New Mexico, and San Juan Basin Field of Colorado.
Executives
J Taylor Crandall 10 percent owner 2775 SAND HILL RD, SUITE 220, MENLO PARK CA 94025
Bruce Robert W Iii 10 percent owner
Algenpar Inc 10 percent owner
Alpine Capital Lp 10 percent owner

Mesa Royalty Trust (Mesa Royalty Trust) Headlines

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