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Tidelands Royalty Trust B (Tidelands Royalty Trust B) Days Inventory : 0.00 (As of Sep. 2018)


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What is Tidelands Royalty Trust B Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tidelands Royalty Trust B's Average Total Inventories for the three months ended in Sep. 2018 was $0.00 Mil. Tidelands Royalty Trust B's Cost of Goods Sold for the three months ended in Sep. 2018 was $0.00 Mil.

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

TIRTZ's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.5
* Ranked among companies with meaningful Days Inventory only.

Tidelands Royalty Trust B's Days Inventory stayed the same from Sep. 2017 (0.00) to Sep. 2018 (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. Tidelands Royalty Trust B's Inventory-to-Revenue for the three months ended in Sep. 2018 was 0.00.


Tidelands Royalty Trust B Days Inventory Historical Data

The historical data trend for Tidelands Royalty Trust B'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.

Tidelands Royalty Trust B Days Inventory Chart

Tidelands Royalty Trust B Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
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Tidelands Royalty Trust B Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Tidelands Royalty Trust B's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Tidelands Royalty Trust B'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.


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

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

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



Tidelands Royalty Trust B Days Inventory Calculation

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

Tidelands Royalty Trust B's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Tidelands Royalty Trust B's Days Inventory for the quarter that ended in Sep. 2018 is calculated as:

Days Inventory (Q: Sep. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2018 ) + Total Inventories (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*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.


Tidelands Royalty Trust B  (OTCPK:TIRTZ) 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.

Tidelands Royalty Trust B's Inventory Turnover for the three months ended in Sep. 2018 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.

Tidelands Royalty Trust B's Inventory to Revenue for the three months ended in Sep. 2018 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.


Tidelands Royalty Trust B Days Inventory Related Terms

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


Tidelands Royalty Trust B (Tidelands Royalty Trust B) Business Description

Traded in Other Exchanges
N/A
Address
c/o The Corporate Trustee Southwest Bank, 2911 Turtle Creek Boulevard, Dallas, TX, USA, 75219
Tidelands Royalty Trust B is a U.S based royalty trust. It is not permitted to engage in any business activity because it was organized for the sole purpose of providing means for the administration and liquidation of rights to interests in oil, natural gas or other mineral leases obtained by Gulf Oil Corporation in a designated area of the Gulf of Mexico. The Trust through its subsidiary holds title to interests in properties that are situated offshore of Louisiana.

Tidelands Royalty Trust B (Tidelands Royalty Trust B) Headlines