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

What is SandRidge Mississippian Trust I Days Inventory?

SandRidge Mississippian Trust I SDTTU 12 Days Inventory is 0.00 as of Jun. 2021. GuruFocus rates SDTTU with a GF Score™ of 12/100.

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: 31.01
* 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 (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

SandRidge Mississippian Trust I Days Inventory Historical Data

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The historical data trend for SandRidge Mississippian Trust I's Days Inventory can be seen below:

SandRidge Mississippian Trust I Days Inventory Chart

SandRidge Mississippian Trust I Annual Data

Trend

Dec11

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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
Days Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

SDTTU vs FECOF, MMEX, DBRM: Days Inventory Comparison

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 Days Inventory vs 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.

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SandRidge Mississippian Trust I SDTTU

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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

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

SandRidge Mississippian Trust I (SDTTU) has a Days Inventory of 0.00 as of Jun. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SandRidge Mississippian Trust I and its competitors.

Is SandRidge Mississippian Trust I's Days Inventory too high?

SandRidge Mississippian Trust I's current Days Inventory is 0.00. Overall, SandRidge Mississippian Trust I has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does SandRidge Mississippian Trust I's Days Inventory compare to FECOF and MMEX?

SandRidge Mississippian Trust I's Days Inventory of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Inventory for an Oil & Gas company?

The median Days Inventory among Oil & Gas companies is 31.01, based on 687 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Inventory mean?

A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on SandRidge Mississippian Trust I and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SandRidge Mississippian Trust I's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is SandRidge Mississippian Trust I stock overvalued right now?

SandRidge Mississippian Trust I (SDTTU) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. SandRidge Mississippian Trust I's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Inventory calculated?

Days Inventory is calculated from a company's financial statements. For SandRidge Mississippian Trust I (SDTTU), the current Days Inventory is 0.00 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SandRidge Mississippian Trust I Business Description

Industry Energy Oil & Gas

Comparable Companies FECOF MMEX DBRM ALTX SPOWF ROYL IFNY LRDC CJAX NRIS COP EOG TSX:CNQ PXD HKSE:00883 OXY MIC:NVTK DVN HES CTRA

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.

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