DMLP (Dorchester Minerals LP) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Dorchester Minerals LP Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Dorchester Minerals LP's Cost of Goods Sold for the three months ended in Sep. 2024 was $14.2 Mil. Dorchester Minerals LP's Average Total Inventories for the quarter that ended in Sep. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dorchester Minerals LP's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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. Dorchester Minerals LP's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Dorchester Minerals LP Inventory Turnover Historical Data

The historical data trend for Dorchester Minerals LP's Inventory Turnover 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.

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Dorchester Minerals LP Inventory Turnover Chart

Dorchester Minerals LP Annual Data

Trend

Dec14

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Dec20

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Dec22

Dec23

Inventory Turnover

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Dorchester Minerals LP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Dorchester Minerals LP Inventory Turnover Calculation

Dorchester Minerals LP's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	38.518	/ (	(0	+	0)	/	1 )
=	38.518	/	0
=	N/A

Dorchester Minerals LP's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	14.176	/ (	(0	+	0)	/	1 )
=	14.176	/	0
=	N/A

Dorchester Minerals LP (NAS:DMLP) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Dorchester Minerals LP's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	14.176	*	365 / 4
	=	0.00

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.

Dorchester Minerals LP's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	53.472
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Dorchester Minerals LP Inventory Turnover Related Terms

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Dorchester Minerals LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorchester Minerals LP (NAS:DMLP) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

3838 Oak Lawn Avenue, Suite 300, Dallas, TX, USA, 75219

Website

https://www.dmlp.net

Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonus, and others. It has leasehold interests in approximately 592 counties and parishes in around 28 states.

Executives

Bradley J Ehrman	officer: Chief Operating Officer	3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Leslie A Moriyama	officer: Chief Financial Officer	3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
Dorchester Minerals Operating Lp	other: Entity Under Common Control	3838 OAK LAWN AVE, STE 300, DALLAS TX 75219
William Casey Mcmanemin	director, 10 percent owner, officer: Chief Executive Officer	C/O DORCHESTER MINERALS, L.P., 3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Martha Rochelle	director	3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Allen H C Jr	director, officer: Chief Financial Officer	3838 OAK LAWN, SUITE 300, DALLAS TX 75219
Robert C Vaughn	director	3838 OAK LAWN AVENUE, SUITE 710, DALLAS TX 75219
Allen D Lassiter	director	25 HIGHLAND PARK VILLAGE, STE 100-780, DALLAS TX 75205
James E Raley	director, officer: CHIEF OPERATING OFFICER	9666 ATHERTON DRIVE, DALLAS TX 75243
Buford P Berry	director	1700 PACIFIC, SUITE 3300, DALLAS TX 75201
Charles William Russell	director	4695 N FM 2869, WINNSBORO TX 75494
Preston A Peak	director	3838 OAK LAWN AVENUE, SUITE 300, DALLAS TX 75219
Ronald Paul Trout	director	1241 MOHAWK TRAIL, RICHARDSON, RICHARDSON TX 75080
Lucent Technologies Inc. Master Pension Trust	10 percent owner	600 MOUNTAIN AVENUE, ROOM 7D-523, MURRAY HILL NJ 07974
Wolf Partners Red	10 percent owner	3738 OAK LAWN AVE STE 300, DALLAS TX 75201