Helium Evolution (TSXV:HEVI) Change In Inventory : C$0.00 Mil (TTM As of Mar. 2024)

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What is Helium Evolution Change In Inventory?

Helium Evolution's change in inventory for the quarter that ended in Mar. 2024 was C$0.00 Mil. It means Helium Evolution's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Helium Evolution's change in inventory for the fiscal year that ended in Dec. 2023 was C$0.00 Mil. It means Helium Evolution's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Helium Evolution's Total Inventories for the quarter that ended in Mar. 2024 was C$0.00 Mil.

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

Helium Evolution Change In Inventory Historical Data

The historical data trend for Helium Evolution'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.

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Helium Evolution Change In Inventory Chart

Helium Evolution Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Helium Evolution Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Helium Evolution 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$0.00 Mil.

Helium Evolution (TSXV:HEVI) Change In Inventory Explanation

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

Helium Evolution'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	/	0.006	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.006	/	0
	=	N/A

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=	N/A

Helium Evolution Change In Inventory Related Terms

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Helium Evolution (TSXV:HEVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Helium Evolution Inc (TSXV:HEVI) » Definitions » Change In Inventory

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Traded in Other Exchanges

HEEVF:USA

Address

400 - 505 - 3rd Street SW, Calgary, AB, CAN, T2P 3E6

Website

https://www.heliumevolution.ca

Helium Evolution Inc is engaged in the exploration and production of helium. The company holds helium land permits near proven discoveries of economic helium concentrations.

Executives

Patrick Mills

Senior Officer

Helium Evolution (TSXV:HEVI) Headlines

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