Rubellite Energy (TSX:RBY) Change In Inventory : C$0.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Rubellite Energy Change In Inventory?

Rubellite Energy's change in inventory for the quarter that ended in Mar. 2024 was C$0.0 Mil. It means Rubellite Energy's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Rubellite Energy's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.0 Mil. It means Rubellite Energy's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Rubellite Energy's Total Inventories for the quarter that ended in Mar. 2024 was C$0.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rubellite Energy's Days Inventory for the quarter that ended in Mar. 2024 was 5.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rubellite Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 15.24.

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. Rubellite Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.03.

Rubellite Energy Change In Inventory Historical Data

The historical data trend for Rubellite Energy's Change In 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.

Rubellite Energy Change In Inventory Chart

Rubellite Energy Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

Rubellite Energy Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Rubellite Energy Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 Mil.

Rubellite Energy (TSX:RBY) Change In Inventory Explanation

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

Rubellite Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.973	/	14.828	*	365 / 4
	=	5.99

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Rubellite Energy's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.828	/	0.973
	=	15.24

3. 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.

Rubellite Energy's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.973	/	29.823
	=	0.03

Rubellite Energy Change In Inventory Related Terms

Thank you for viewing the detailed overview of Rubellite Energy's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Rubellite Energy (TSX:RBY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rubellite Energy Inc (TSX:RBY) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

RUBLF:USA 6L0:Germany

Address

605 5 Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 3H5

Website

https://www.rubelliteenergy.com

Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.

Executives

Ryan Goosen	Senior Officer
Jeff Green	Senior Officer
Tamara Macdonald	Director
Susan Riddell Rose	10% Security Holder, Director, Senior Officer
Ryan Shay	Director, Senior Officer
Bruce Shultz	Director

Rubellite Energy (TSX:RBY) Headlines

No Headlines