Royal Energy Resources (Royal Energy Resources) Change In Inventory : $-8.9 Mil (TTM As of Sep. 2019)

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What is Royal Energy Resources Change In Inventory?

Royal Energy Resources's change in inventory for the quarter that ended in Sep. 2019 was $-6.7 Mil. It means Royal Energy Resources's inventory increased by $6.7 Mil from Jun. 2019 to Sep. 2019 .

Royal Energy Resources's change in inventory for the fiscal year that ended in Dec. 2018 was $6.3 Mil. It means Royal Energy Resources's inventory declined by $6.3 Mil from Dec. 2017 to Dec. 2018 .

Royal Energy Resources's Total Inventories for the quarter that ended in Sep. 2019 was $18.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Royal Energy Resources's Days Inventory for the quarter that ended in Sep. 2019 was 30.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Royal Energy Resources's Inventory Turnover for the quarter that ended in Sep. 2019 was 3.04.

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. Royal Energy Resources's Inventory-to-Revenue for the quarter that ended in Sep. 2019 was 0.36.

Royal Energy Resources Change In Inventory Historical Data

The historical data trend for Royal Energy Resources'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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Royal Energy Resources Change In Inventory Chart

Royal Energy Resources Annual Data

Trend

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Dec16

Dec17

Dec18

Change In Inventory

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-1.29

-4.81

6.29

Royal Energy Resources Quarterly Data
	Nov14	Feb15	May15	Aug15	Nov15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Change In Inventory	Get a 7-Day Free Trial															6.32	2.97	-4.85	-0.33	-6.66

Royal Energy Resources 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 Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.9 Mil.

Royal Energy Resources (OTCPK:ROYE) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	15.0785	/	45.771	*	365 / 4
	=	30.06

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

Royal Energy Resources's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	45.771	/	15.0785
	=	3.04

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.

Royal Energy Resources's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.0785	/	42.265
	=	0.36

Royal Energy Resources Change In Inventory Related Terms

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Royal Energy Resources (Royal Energy Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Royal Energy Resources Inc (OTCPK:ROYE) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Broad Street, Suite 2, Charleston, SC, USA, 29401

Website

https://www.royalenergy.us

Royal Energy Resources Inc is engaged in the acquisition of coal, gas and renewable energy assets.

Executives

William L Tuorto	director, officer: Executive Chairman	56 BROAD STREET SUITE 2 CHARLESTON SC 29412
Ronald Phillips	officer: President	DKR CAPITAL PARTNERS LP 1281 EAST MAIN STREET STAMFORD CT 06902
Brian Hughs	director, officer: Vice President	203 SOUTH 3RD ST. CANANDIAN TX 79014
Ian Ganzer	officer: Chief Operating Officer	304 WAITMAN ST MORGANTOWN WV 26501

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