SandRidge Days Of Inventory On Hand from 2010 to 2024

SD Stock  USD 11.73  0.11  0.95%   
SandRidge Energy's Days Of Inventory On Hand is increasing over the years with very volatile fluctuation. Days Of Inventory On Hand is expected to dwindle to 15.87. During the period from 2010 to 2024 SandRidge Energy Days Of Inventory On Hand annual values regression line had geometric mean of  15.29 and mean square error of  781.49. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
29.32
Current Value
15.87
Quarterly Volatility
26.94304483
 
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Check SandRidge Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SandRidge Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.1 M, Interest Expense of 98.8 K or Total Revenue of 141.2 M, as well as many indicators such as Price To Sales Ratio of 3.57, Dividend Yield of 0.18 or PTB Ratio of 1.22. SandRidge financial statements analysis is a perfect complement when working with SandRidge Energy Valuation or Volatility modules.
  
Check out the analysis of SandRidge Energy Correlation against competitors.
For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.

Latest SandRidge Energy's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of SandRidge Energy over the last few years. It is SandRidge Energy's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SandRidge Energy's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Very volatile
   Days Of Inventory On Hand   
       Timeline  

SandRidge Days Of Inventory On Hand Regression Statistics

Arithmetic Mean24.95
Geometric Mean15.29
Coefficient Of Variation107.99
Mean Deviation17.19
Median15.87
Standard Deviation26.94
Sample Variance725.93
Range111
R-Value0.02
Mean Square Error781.49
R-Squared0.0004
Significance0.95
Slope0.11
Total Sum of Squares10,163

SandRidge Days Of Inventory On Hand History

2024 15.87
2023 29.32
2022 32.58
2021 17.19
2020 29.64
2019 6.99
2018 14.37

About SandRidge Energy Financial Statements

SandRidge Energy stakeholders use historical fundamental indicators, such as SandRidge Energy's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although SandRidge Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in SandRidge Energy's assets and liabilities are reflected in the revenues and expenses on SandRidge Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in SandRidge Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 29.32  15.87 

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Check out the analysis of SandRidge Energy Correlation against competitors.
For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.
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Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SandRidge Energy. If investors know SandRidge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SandRidge Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.373
Dividend Share
0.43
Earnings Share
1.26
Revenue Per Share
3.243
Quarterly Revenue Growth
(0.21)
The market value of SandRidge Energy is measured differently than its book value, which is the value of SandRidge that is recorded on the company's balance sheet. Investors also form their own opinion of SandRidge Energy's value that differs from its market value or its book value, called intrinsic value, which is SandRidge Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SandRidge Energy's market value can be influenced by many factors that don't directly affect SandRidge Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SandRidge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SandRidge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SandRidge Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.