RHCCF (Royal Helium) Change In Inventory: $0.00 Mil (TTM As of Sep. 2024)

What is Royal Helium Change In Inventory?

Royal Helium RHCCF Change In Inventory is $0.00 Mil as of Sep. 2024.

Royal Helium's change in inventory for the quarter that ended in Sep. 2024 was $0.00 Mil. It means Royal Helium's inventory stayed the same from Jun. 2024 to Sep. 2024 .

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

Royal Helium's Total Inventories for the quarter that ended in Sep. 2024 was $1.14 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Royal Helium's Days Inventory for the quarter that ended in Sep. 2024 was 174.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Royal Helium's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.52.

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 Helium's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 2.41.

Royal Helium (OTCPK:RHCCF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.201	/	0.629	*	365 / 4
	=	174.23

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.629	/	1.201
	=	0.52

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.201	/	0.498
	=	2.41

* 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 Change In Inventory Related Terms

Royal Helium Change In Inventory Historical Data

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The historical data trend for Royal Helium's Change In Inventory can be seen below:

Royal Helium Change In Inventory Chart

Royal Helium Annual Data

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Change In Inventory

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Royal Helium Quarterly Data
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Royal Helium 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of $0.00 Mil mean?

Royal Helium (RHCCF) has a Change In Inventory of $0.00 Mil as of Sep. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Royal Helium and its competitors.

Is Royal Helium's Change In Inventory too high?

Royal Helium's current Change In Inventory is $0.00 Mil.

How does Royal Helium's Change In Inventory compare to GRVE and SPOWF?

Royal Helium's Change In Inventory of $0.00 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 Change In Inventory for an Oil & Gas company?

A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory 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 Change In Inventory mean?

A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Royal Helium and its competitors. Royal Helium's current Change In Inventory is $0.00 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 Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Change In Inventory calculated?

Change In Inventory is calculated from a company's financial statements. For Royal Helium (RHCCF), the current Change In Inventory is $0.00 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 Energy Oil & Gas

Comparable Companies GRVE SPOWF LEEN FOMI PTCO CRCE MMEX FECOF COP HKSE:00883 TSX:CNQ EOG OXY FANG MIC:NVTK EQT ASX:WDS EXE DVN TSE:1605

Address 224, 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5

Website https://www.royalheliumltd.com

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.