RHCCF (Royal Helium) Accounts Payable: $3.24 Mil (As of Sep. 2024)


What is Royal Helium Accounts Payable?

Royal Helium RHCCF Accounts Payable is $3.24 Mil as of Sep. 2024.

Royal Helium's Accounts Payable for the quarter that ended in Sep. 2024 was $3.24 Mil.

Royal Helium's quarterly Accounts Payable declined from Mar. 2024 ($2.96 Mil) to Jun. 2024 ($2.54 Mil) but then increased from Jun. 2024 ($2.54 Mil) to Sep. 2024 ($3.24 Mil).

Royal Helium's annual Accounts Payable increased from Dec. 2021 ($3.59 Mil) to Dec. 2022 ($6.36 Mil) but then declined from Dec. 2022 ($6.36 Mil) to Dec. 2023 ($4.39 Mil).

Royal Helium Accounts Payable Historical Data

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The historical data trend for Royal Helium's Accounts Payable 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.

Royal Helium Accounts Payable Chart

Royal Helium Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.27 3.59 6.36 4.39

Royal Helium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.05 4.39 2.96 2.54 3.24

Royal Helium Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $3.24 Mil mean?
Royal Helium (RHCCF) has a Accounts Payable of $3.24 Mil as of Sep. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Royal Helium and its competitors.
Is Royal Helium's Accounts Payable too high?
Royal Helium's current Accounts Payable is $3.24 Mil.
How does Royal Helium's Accounts Payable compare to GRVE and SPOWF?
Royal Helium's Accounts Payable of $3.24 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Oil & Gas company?
A good Accounts Payable depends on the Oil & Gas industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Royal Helium and its competitors. Royal Helium's current Accounts Payable is $3.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Helium stock overvalued right now?
Royal Helium (RHCCF) has a current Accounts Payable of $3.24 Mil. The current Accounts Payable is $3.24 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Royal Helium (RHCCF), the current Accounts Payable is $3.24 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Royal Helium Business Description

Industry EnergyOil & Gas
Address 224, 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
Royal Helium Ltd is focused on the exploration and development of primary helium production in southern Saskatchewan. Royal is the helium leaseholder in North America. Located next to highways, roads, and cities, and importantly close to existing oil and gas infrastructure, the company's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists, and engineers. The company's project includes Saskatchewan Helium Play Elements for Success.