RISE (Rise Oil & Gas) Change In Inventory: $0.00 Mil (TTM As of Sep. 2023)

What is Rise Oil & Gas Change In Inventory?

Rise Oil & Gas RISE Change In Inventory is $0.00 Mil as of Sep. 2023.

Rise Oil & Gas's change in inventory for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Rise Oil & Gas's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Rise Oil & Gas's change in inventory for the fiscal year that ended in Dec. 2022 was $0.00 Mil. It means Rise Oil & Gas's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Rise Oil & Gas's Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil.

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

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.

Rise Oil & Gas (AMEX:RISE) Change In Inventory Explanation

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

Rise Oil & Gas'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	*	365 / 4
	=	N/A

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

Rise Oil & Gas's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	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.

Rise Oil & Gas's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

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

* 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.

Rise Oil & Gas Change In Inventory Related Terms

Rise Oil & Gas Change In Inventory Historical Data

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The historical data trend for Rise Oil & Gas's Change In Inventory can be seen below:

Rise Oil & Gas Change In Inventory Chart

Rise Oil & Gas Annual Data

Trend

Dec21

Dec22

Change In Inventory

0.00

Rise Oil & Gas Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial			0.00	0.00	0.00	0.00	0.00

Rise Oil & Gas 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. 2023 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?

Rise Oil & Gas (RISE) has a Change In Inventory of $0.00 Mil as of Sep. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Rise Oil & Gas and its competitors.

Is Rise Oil & Gas' Change In Inventory too high?

Rise Oil & Gas' current Change In Inventory is $0.00 Mil.

How does Rise Oil & Gas' Change In Inventory compare to ?

Rise Oil & Gas' 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 Rise Oil & Gas and its competitors. Rise Oil & Gas'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 Rise Oil & Gas stock overvalued right now?

Rise Oil & Gas (RISE) 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 Rise Oil & Gas (RISE), the current Change In Inventory is $0.00 Mil as of Sep. 2023. 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.

Rise Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies

Address 8911 N. Capital of Texas Highway, Suite 4200, Austin, TX, USA, 78759

Rise Oil & Gas Inc is an independent oil and natural gas company focused on securing high-quality, long-lived oil and natural gas assets to create a sustainable inventory of highly economic wells. It has established its initial acreage position in the Permian Basin; however, it actively evaluates opportunities in other oil and natural gas-producing regions.