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

What is SandRidge Mississippian Trust I Inventory Turnover?

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

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. SandRidge Mississippian Trust I's Cost of Goods Sold for the three months ended in Jun. 2021 was $0.18 Mil. SandRidge Mississippian Trust I's Average Total Inventories for the quarter that ended in Jun. 2021 was $0.00 Mil.

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 three months ended in Jun. 2021 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. SandRidge Mississippian Trust I's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.00.

SandRidge Mississippian Trust I (OTCPK:SDTTU) 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.

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

Days Inventory	=	Average Total Inventories (Q: Jun. 2021 )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
	=	0	/	0.182	*	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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2021 )	/	Revenue (Q: Jun. 2021 )
	=	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

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.

SandRidge Mississippian Trust I Inventory Turnover Related Terms

SandRidge Mississippian Trust I Inventory Turnover Historical Data

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

SandRidge Mississippian Trust I Inventory Turnover Chart

SandRidge Mississippian Trust I Annual Data

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Inventory Turnover

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

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SandRidge Mississippian Trust I SDTTU

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SandRidge Mississippian Trust I Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2020 )	/ (	(Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )
=	0.867	/ (	(0	+	0)	/	1 )
=	0.867	/	0
=	N/A

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

	Inventory Turnover (Q: Jun. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2021 )	/ (	(Total Inventories (Q: Mar. 2021 )	+	Total Inventories (Q: Jun. 2021 ))	/	count )
=	0.182	/ (	(0	+	0)	/	1 )
=	0.182	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

SandRidge Mississippian Trust I (SDTTU) has a Inventory Turnover of 0.00 as of Jun. 2021. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SandRidge Mississippian Trust I and its competitors.

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

SandRidge Mississippian Trust I's current Inventory Turnover 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 Inventory Turnover compare to FECOF and MMEX?

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

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

A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover 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 Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on SandRidge Mississippian Trust I and its competitors. SandRidge Mississippian Trust I's current Inventory Turnover 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 Inventory Turnover of 0.00. The current Inventory Turnover 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 Inventory Turnover calculated?

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