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

What is SandRidge Mississippian Trust I Days Payable?

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

SandRidge Mississippian Trust I's average Accounts Payable 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 Payable for the three months ended in Jun. 2021 was 0.00.

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

SDTTU's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 57.95
* Ranked among companies with meaningful Days Payable only.

SandRidge Mississippian Trust I's Days Payable stayed the same from Jun. 2020 (0.00) to Jun. 2021 (0.00). stayed the same

SandRidge Mississippian Trust I Days Payable Related Terms

SandRidge Mississippian Trust I Days Payable Historical Data

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The historical data trend for SandRidge Mississippian Trust I's Days Payable 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.

SandRidge Mississippian Trust I Days Payable Chart

SandRidge Mississippian Trust I Annual Data

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Days Payable

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0.00

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 Payable	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

SDTTU vs FECOF, MMEX, DBRM: Days Payable Comparison

For the Oil & Gas E&P subindustry, SandRidge Mississippian Trust I's Days Payable, along with its competitors' market caps and Days Payable 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 Payable vs Oil & Gas Industry

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

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

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SandRidge Mississippian Trust I SDTTU

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SandRidge Mississippian Trust I Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

SandRidge Mississippian Trust I's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (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 Payable for the quarter that ended in Jun. 2021 is calculated as:

	Days Payable (Q: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2021 )	+	Accounts Payable (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 Payable →

What does a Days Payable of 0.00 mean?

SandRidge Mississippian Trust I (SDTTU) has a Days Payable of 0.00 as of Jun. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SandRidge Mississippian Trust I and its competitors.

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

SandRidge Mississippian Trust I's current Days Payable 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 Payable compare to FECOF and MMEX?

SandRidge Mississippian Trust I's Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

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

The median Days Payable among Oil & Gas companies is 57.95, based on 851 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable 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 Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SandRidge Mississippian Trust I and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SandRidge Mississippian Trust I's current Days Payable 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 Payable of 0.00. The current Days Payable 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 Payable calculated?

Days Payable is calculated from a company's financial statements. For SandRidge Mississippian Trust I (SDTTU), the current Days Payable 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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